Sunday, June 14, 2020
CGC Comic Information Pt. 2 The Good & Bad
Before CGC comics, collectors were at the mercy of vendors to determine the grade and value of a comic book.
In addition, there were no quality standards for comic book grading, which meant there was much discrepancy amongst collectors about the condition of various books.
Now that CGC is known as a reputable organization and has provided legitimacy to the practice of grading comic books, having your comic book evaluated by a third-party professional grader can alleviate worries about misrepresentation and fraud, and provide a consistent, trusted standard with which to measure your comic book value.
It also gives you peace of mind to know if a book has been previously restored or altered, which can negatively affect its value.
Many well-known names have come to accept CGC's grading and quality standards, including Diamond, Wizard, World's Finest, and Sotheby's. It is now the accepted standard of comic book grading across the industry.
What's Bad About CGC Comics
According to comic book fans, there are several problems with the CGC comics grading model and process.
Ultimately, comic dealers are businessmen seeking to make a profit from the sale of their books. Many comic book fans simply don't see the value of CGC grading because it emphasizes the book's age and value, not its art or storyline.
Many fans have accused CGC of doing nothing more than creating greed amongst collectors who are attempting to inflate the price of their books.
Inconsistency of grades awarded is also a fact of life in third-party grading. Sometimes a book will receive a higher or lower grade than it 'deserves'.
Though turnaround times fluctuate, many collectors have complained that the grading wait time extends well beyond the posted timeframes on the CGC website.
Once the comic book has been graded by CGC, it is placed in a tamper-evident sleeve, meaning that if the comic book is removed, the CGC valuation of the comic book is no longer valid.
Unlike baseball cards, which are double-sided and can be viewed from the confines of a sleeve, comic books contain multiple pages and are meant to be read. In order for a collector to read the comic book, they obviously must remove it from the sleeve, which renders the grading useless.
Many comic fans claim that once a book has been valued by CGC, it is essentially 'mummified'.
These fans contend that this mummification of books, or slabbing as some call it, simply attracts investors who are looking to profit on collectibles and have no real interest in the comic book art form.
They also purport that it does nothing for the casual fan that's interested in reading the comic for the storylines and artwork.