This Detail No One Is Talking About! CGC Fraud LIST

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[@leerogers5318]

Finally, a comic influencer who fearlessly exposes CGC for their blatant negligence throughout this scandal. While many other KZbin comic influencers handle CGC with kid gloves, you deserve recognition for holding them accountable for their role in the scandal. Kudos to you, sir!

[@darthrooster1]

I remember watching a video recently about a guy that cracked out a hulk 181 in order to press and clean for a better grade and found out the marvel value stamp was missing. They thought it was an honest mistake by CGC overlooking it because it was a blue label. Now, with all these issues coming to light, I’m not so sure…

[@jotcollectibles]

Was this the Bry’s Comic video that you are talking about?!?

[@ComicBookInvestments]

Has happened to me too

[@darrinprescott]

Thanks for confirming. I knew I'd seen examples cracking like this in YT vids but was having trouble tracking down the uploads. That's the concern. If bad actors have been getting these past CGC for years, then presumably it's been even easier to get them past Joe Public too. I've got a couple of slabs I look at and think they're overgraded. (That said, they're only $150 books so I guess it's only a dedicated fraudster who would risk jail time for swapping out those).

[@darthrooster1]

@@jotcollectibles Yes it was, thank you for jogging my memory. I just couldn’t remember who it involved. Thanks!

[@eblanco7605]

​​@@jotcollectibles i asked swagglehaus about that book bry talked about. They said slab was an older label, so it was not part of this. So that book might have just been missed by cgc.

[@mildomiller7386]

The Amazing Fantasy has a witnessed signature on back cover. That's why it got yellow label. It's just noted on label there was an additional writing on inside front cover.

[@sabersaw5611]

😂 he popped off without taking the time to look up the serial notes.

[@vcowens89]

Yep

[@DocReasonable]

So CGC proves they can't tell the difference between a 9.0 and a 9.8, even though that difference can mean thousands of dollars in loss or gain for the book's owner. When people send in their scammed books, will CGC reholder them upside down, grossly mis-graded, mis-titled and with the MVS missing? Even if CGC weren't knowing collaborators in this debacle, it still shows that they ignore major flaws and do not know how to grade comics.

[@mikeasher6723]

They most likely just took the inner well and just shoved it to a new slab not even looking at the grade. the submitted slab is a CGC so why spend time regrading or even checking they already did it. this made this scam possible due to this flaw

[@DocReasonable]

I agree. You'd think they'd at least take a quick look and think 'wait, that's not a 9.8'.... but no. @@mikeasher6723

[@richchappell]

@@mikeasher6723 You're probably right. I think the bare minimum they need to do now is re-grade every comic that is sent in for re-holdering. Just treat it like a brand new submission.

[@mikebernardino6826]

I agree with you on this! I think most of the blame needs to fall on CGC, yes they got scammed but they dropped the ball on this 100%. I wish more people would talk about this and put more heat on CGC.

[@ComicBookInvestments]

Yes it was cgc fault for letting this happen. The G stands for guaranteed

[@chriskuneman3310]

I think the problem with more collectors holding CGC accountable is that they're too invested in CGC. They don't want to acknowledge how much CGC dropped the ball on this, because it will hurt their collections or business.

[@EMMANUELSANGELS]

Class action lawsuit, class action lawsuit, class, action lawsuit!!!

[@DocReasonable]

Well, I wont be touching a single book on THAT list. Every CGC copy is potentially tainted. And this is just ONE reholder scammer that they know about. Censorship is rife on the CGC boards. Not only are they mind-numbingly incompetent, they're nasty and petty too. They really despise KZbinrs for some reason. I sincerely hope CGC goes bankrupt this year.

[@jswap1]

"They really despise KZbinrs for some reason" lol, I wonder why

[@Robert-nu4vc]

I won't touch any graded collectibles at all. I think this is hilarious, and I knew it would happen. Now it's time to watch it all crash and burn. I love it!!

[@bat2275]

Your point about people only switching out big books is valid. However what's to stop people from switching out less important books in the future? Maybe I have a 9.0 slab worth $300 and I also have an 8.0 raw copy and I just feel like keeping my 9.0 so I replace my 8.0 into the slab and sell it as a 9.0 and keep my 9.0 for my pc.

[@andrewroberts299]

Remember back in the day (a couple of years ago), when CGC were being swamped with submissions, and books were taking sometimes a year to get back to their owners because they couldn’t keep up with the demand? What if the scammer(s) were submitting these books during that time, hoping that CGC would not have the time to check re holders, because they were up against it? Never understood why CGC doesn’t have graders for each comic book eras. Have a number of graders for Golden Age, another number for Silver, Bronze etc. That way, collectors like myself, who are only interested in Silver Age (and some Bronze Age), would not have their books stuck in a line behind modern books (of which thousands more are submitted), and having to wait much longer to get their books back! Doing it this way may also allow graders more time to properly examine these books so they don’t miss any flaws and the collector ends up getting a grade that actually reflects the true condition of the book!

[@lukemorley3540]

Because a) shouldn’t really fast track some people just because of the book they have (but still Paid like everyone else ). Like saying one collector more important than another B) grading is supposed to be universal . So silver and copper graded against the same standards . Good grader should be able to cope with all books . Makes them a better grader. Like a mechanic with experience on a variety of cars

[@iNeverHadMercy]

SUBSCRIBED. 2024 is off to a pretty wild start with this whole CGC Fraud thing carrying over. You shed some NEW light with details that hopefully collectors are taking to heart especially the whole CGC Signature Series approval of the Stan Lee Auto.....yikes Have a Great 2024!!

[@ddougherty8266]

Good video - You are one of the only dealers out there who truly "Gets" how bad this is. I think that many were (and are still) poo-pooing this - at first, with "Chill out dude!, We don't know if it's bad, and "oh, it's a tiny, tiny percent - don't worry about it, CGC is gonna fix this and until then, they're still reliable!". These dealers were bending over backwards making up reasons and assumptions and ignoring the facts of the situation to marginalize the scope of the problem. They wanted collectors to mentally "quarantine" the types and numbers of which CGC slabs that might be suspect. Now, most of that marginalizing (oh, it's only Mark Jewelers, it's only...) has been shown to have been wrong. I think that every high-value CGC Blue Label book should be suspect at this point. Now, it's certainly arguable as to what "high-value" is. Is it $250, or is it $2500? We do not know just how much money any particular scammer would need to get to justify them spending the time and effort to open a CGC case and slide in a lower grade or purple graded comic. I can tell you this... as little as $100 is more than enough money for someone who needs money, and who is of nature to steal, to motivate them to do whatever they need to, to steal. People who think that this "has to be" limited to $1000 books to make it worthwhile to a scammer are projecting onto all scammers their own sense of what would make it worthwhile to them.

[@reprintranch]

Something that dovetails with your point about motivation to scam is, opportunity - the availability of comics suitable for use in this scam. If the scammer already owns, say, two issues of Amazing Spider-Man 135 that both present as about an 8.0 to casual inspection, but one has a clipped coupon inside, you can bet the scammer is going to think seriously about trying the slab-crack switcheroo with ASM 135 just because it’s convenient. Also, I would expect that aspiring slab switchers often do a few trial runs on lower-priced comics, moving up to the more valuable ones when they’ve got some experience and finesse.

[@jangalano]

Yup. What if the scammer has a dummy account or multiple dummy accounts they’ve been using to submit his “stuff”

[@jamesbrown3352]

I hope they look in to who was processing the re-holding of these books. This smells of an inside job.

[@EMMANUELSANGELS]

This is one of the very reasons why I hold onto my Mark jewelers and national diamond inserts and adds until I have enough confidence in CGC!

[@DocReasonable]

CGC are the culprits here. Sure the scammer should go to jail, but it's CGC who enabled this to happen by not having any process in place for inspecting or even LOOKING AT books that came in for reholdering. There needs to be a class action lawsuit against CGC...everyone who's ever purchased books slabbed by them is a potential victim of their criminal negligence.

[@chriskuneman3310]

I agree there should be some kind of action against CGC. I'm interested to see where things go with the person who pulled off this scam. Because, at the end of the day, despite this individual's duplicity in this situation, CGC are the ones that reholdered them. I mean they are the supposed experts in this. But, hundreds of times they reholdered these things and never noticed it. I wonder what kind of legal recourse they have in all this.

[@roccojoco]

CGC likely knew about these issues and chose to take the grading/reholdering fees and looked the other way UNTIL they were recently forced to address this issue.

[@sabersaw5611]

This all day

[@raedjibrail5565]

Come across like they don’t care. It’s all about bringing the money in.

[@teetoo3790]

Looking good since Japan. Glad you healthy again. Glad you help exposing this fraud.

[@roywatson7916]

What CGC should do is track down all those who may have been swindled. Regrade the book for its actual grade free of charge. Eliminate the serial number for the books affected or keep the serial number but make the notation. CGC should pay the difference in the value that was lost to the new owner. The individual(s) who were involved should be published like America's Most Wanted as a buyer beware and prosecuted and also be made to pay restitution.

[@albertdale5101]

The Cgc board of directors (if there is one) has no clue how much business they are losing day after day from regular collectors who might be considering have items slabbed, that WILL NOT!😮

[@TheeMcDonger]

Here is the biggest issue. How do you not question someone reholdering 500 books? I've been a cgc member for 6 or 7 years and had 2 books reholdered......

[@ComicBookInvestments]

Ya I’ve only reholders ones that I got back from cgc already damaged. Which is rare.

[@jaycoleman8062]

The snowball will be huge when it gets to the bottom of the hill. This is a very informative video.

[@ssettle]

The 6.5 AF15 SS is also signed on the back cover under the CGC SS program. Then it has the inner signature. Two Stan Lee signatures.

[@DarrenCarman]

Apparently that signature series was signed on the back. The one inside already existed and was noted on the label. Totally agree about a new case being needed - maybe some way to link the inner well to the case. If not, a full re-grade would be required. Guessing he was not the only one doing this.

[@ComicBookInvestments]

Yes the case needs to be reworked. And reholders regraded.

[@1313nuclear]

I feel like they are scrambling to save their business. How do they know how many books were compromised they weren't even aware of this scandal till a couple of weeks ago and now we are supposed to believe they have solved it and know exactly how many were messed up. It would not surprise me if thousands of books were fraudulent. I watched a youtuber heat gun a slab open just to show how it is done and if he can do it. You can bet that scammers have been doing it for a while and I am sure they don't plan on stopping.

[@davidatiles8546]

FF15 was signed by Stan Lee on the back of the book and it was previously signed by him in the 80s. This book was doubled sign by Stan; the first was unwitnessed and the second was witnessed by CGC.

[@Supertomscustoms]

CGC is so used to seeing their own fraudulent 9.8s that these didn’t even register. Now with the recent pre-screening news, we get to look forward to 9.9s with spine ticks.

[@dzetwo1]

My wife and I watched that movie! Very disturbing and real. Sickening how this exist in our world and government officials are part of this

[@victormorrison441]

Soo maybe PGX is not as bad as people say...

[@DocReasonable]

There needs to be hidden cameras installed at CGC, like on Mystery Diners. Grader 1 says, 'This comic is clearly a 10.0... watch me give it an 8.5!' Grader 2, 'Haw haw!'.

[@brute_nm]

Dave shuffling papers like a newscaster is the cherry on top of the rant

[@ComicBookInvestments]

Hahahha. I kinda liked that. I should have more newspapers handy

[@jimrivett9926]

I think you put together amusing and entertaining videos whether you include rants or not. It's obvious that CGC has a big problem on their hands and I'm sure we are all interested in seeing how it plays out. My hope is that this scandal does not negatively impact the comic book industry too much especially now as a improvement in the economy is anticipated.

[@ComicBookInvestments]

I don’t think it will. I think cgc has built up enough trust over the decades. They just have to come out with a solution

[@HeySpanky]

This could literally affect thousands of comics. This is just the only person who got caught. Basically any comic that was ever reholdered is suspect.

[@jswap1]

I'm not sure why people are surprised. This is the same company that gave 9.8s to "invisible" comic books.

[@DocReasonable]

They really are a joke of a company.

[@josephgregorio8479]

The cgc is not telling the truth,this goes back years ago, they have known about this for years, there is a massive cover up on this issue,all the books they have graded have been tainted for years,and they have known about it for years, I would never buy any cgc books,this is bigger than anyone has images (BIG massive cover up) you have been led,fed,and bred, this has been going on for many years, this company should be taken to court.😢

[@EMMANUELSANGELS]

Some food for a thought-I purchased a Batman 286 Mark jewelers CGC 9.6, pulled out my magnifying glass and said to myself there should be a 9.4 and there’s no way this was a 9.6, Needless to say, this was resolved by the seller, not something that I anticipated, why is this because if I would’ve sent it in for regrading or to be re-holstered, and it came back at 9.2 or 9.4 I’m losing good money! This is what happens when you approach the current book industry with a mentality of quantity versus quality and quantity wins you lose quality! We need to begin another company to compete against CGC and I have some brilliant ideas

[@miguelh4750]

The problem is that the reholdering department are full of people that are not graders. They are there only to reholder. Checking the comic is not part of their job description.

[@DocReasonable]

Immaculate Comics recently said, "I have an AF15 that is missing a coupon from an interior page that they didn’t catch."

[@mrtkiernan]

This is the best take. CGC is meaningless, are you going to keep working with CGC?

[@joeshmoe9702]

There is an easy explanation. One of CGC’s workers was in on the fix. If you had a mark jewelers that was missed (causing a major price difference) you would flip out and email them ranting and raving. No one would just casually resend it in to be re-holstered. How could they not miss one of these re-holsters. It’s impossible without the help from someone on the inside. Think about it…. There is a reason it took a week or more for them to comment on this. All of there employees missed 350 plus comics? Seems odd without help from the inside. Thanks for the great content. Be safe.

[@lukemorley3540]

Wouldn’t that employee need to grade and / re holder all the comics from this one guy? Surely there are lots of people doing the same job at cgc and get randomly allocated books as they come in. If one employee was solely handling one account with no one checking - then they would be incredibly negligent and open to abuse

[@crosskeycollectibles]

Per usual , in unison with everything you said !

[@Quasi_Terrible]

I got one of those ASM 194 in a 9.8, directly from the guy. Now that I take a closer look at it, it's like a 9.4 - 9.2. Now I am wondering do you think it'll become more valuable now as a Scammed book? This hobby tends to make weird stuff desirable.

[@Stargayzer---]

That is an interesting take on the situation. The problem is that people would be encouraged to replicate the scam book in an attempt to increase the value of lower value books unless there was some way to have some complete list of original "scam" books.

[@ComicBookInvestments]

I don’t think it will become more valuable. I know cgc is doing some type of reholder for those special books. Maybe a refund too

[@bargainbincomics]

You won't see me buying it, but I wouldn't doubt it if enough get reindexed through the process and there are only a few from this list with their fradulent registry number remaining (meaning their rarity goes up as people send them back in for review).

[@rynvhe]

Clayton Crain's Acetate Spider Man 9.8 X100

[@crowderscustomizing]

Who is the guy?

[@coldbloodedclowns6797]

I was thinking the same thing. It’s obvious that CGC has no internal controls. How is there no flag when one account gets 36 reholders?

[@jacobbornowsky4013]

I wouldn’t put it past the smaller books being affected as well .. where there is money to be made people will do it…. Making 300 bucks on a book is very tempting to some people… a 2.0 with staining can look like 5.0 most people won’t be able to tell

[@dankocher3528]

The book with the Stan Lee signature inside also is signed by him on the back cover. That latter one is the Signature series witnessed signature.

[@wolfblitz6530]

I had the same reaction to the ASM 194. If all of those were submitted from the same account it seems like they would have caught that.

[@1313nuclear]

It also makes me wonder if the coin market is safe. If you can do it to comic cases I would think coin slabs might be easier.

[@davidallen8891]

I don't buy a lot of slabs so I really don't know, but isn't there some way to tell if a book has been reholdered or not? What I don't like about CGC is if they actually published the grader's notes for free at least the external damage could be easily checked. Every slab I have, I looked up grader's notes and most of them say absolutely nothing useful, or they are unavailable. I am so unimpressed with their service, I only buy slabs for less than case cost or at raw FMV only - I do not pay a premium for slabs.

[@DocReasonable]

CGC needs to start using a Red Flag label.

[@robinmastre8642]

If you go into Blue Beetle without any expectations you should be okay! I thought it was fun enough and got a couple of chuckles out it for sure! 😅

[@goldschool9050]

Poor reholder control. That's it!

[@gearmonger8616]

Dave, you are on the right track! Your indignation is justified, but I think it is a little more subtle. This person could be resealing the old case. There is most likely a second or third party assisting with another account. KeepitThoro found an older book as you predicted. Some may have been reholdred, but why not just get a new cert number and reseal it at home?

[@robertbanning6393]

Your rant was very well spoken. And I appreciated your opinion. And insights.

[@ComicBookInvestments]

Thank you

[@philipfletcher4867]

CGC is going to put it on the customer, a verify fee when you choose to re-label will be added to your price. A nice way to raise prices on their grading system. Also may slow the re-labeling process down some. Just an opinion.

[@jamesross824]

I’m glad I never bought into the grading BS I just buy raw.

[@JoedanKlein]

So cgc when they received these books to re holder,they didn't re-grade them? Why is that???? A book can clearly degrade even if its in a holder,no????? What if a graded book in a cgc case is left in direct sunlight for years,wouldn't that diminish its grade????

[@dimension13xproductions80]

OMG people CGC has been a scam racket since inception. Collectors seem to argue all the time they can't tell the difference between a 9.0 and a 9.8. I am so sick of CGC/CBCS/EGS/PGX I hope this scandal levels all these companies and we go backnto the raw book trade. End rant.

[@jeffstanley6013]

Personally, I think at least some of the blame for this fiasco needs to lie with the entire comic book collecting community as a whole. I've said for years that people should never buy a 9.8 of any book because of the ridiculous premiums that are ascribed to a 9.8 versus a 9.6 of the same book. A 9.8 can often go for 2-3x the price of a 9.6, well outweighing the actual difference in the condition of the books. And it's that ridiculous 9.8 premium that incentivized this scammer to do this undertaking in the first place. If 9.8's were valued closer to 9.6's, a significant part of the financial incentive to pursue this type of fraud would cease to exist.

[@stephenbyce]

You can buy fake cases / slabs from China. People can break it, put a lower quality version in a fake case with the good lable, then send your good comic back for new grading. This happens is the sports cards industry all the time

[@mikedamore4739]

Another detail no one is talking about is the insanely high percentage of graders notes he received on his 9.8 books. Of the 55 ASM 194's in a 9.8 37 of them had graders notes. The signature series was signed on the first page in pen and also on the back cover in silver sharpie. The silver sharpie is what CGC witnessed and the "Stan Lee 86" was on the label because it is written inside the book.

[@BadScorpio]

The actual Stan Lee for the ASM 15 is on the back cover witnessed….

[@jordand1554]

RIP graded comics.

[@TheDjk300ComicGuy]

124? Then recover saying 194. Good correction. Good rant all in all. Like the videos!

[@Boxoflightsarcade]

I have one of the ASM 238 9.8. Very sad as it’s a newsstand as well. Working on a refund from CGC.

[@UpTheDown7]

How does the refund work? You show your receipt and send the book back? Do they regrade the book and give that back as well? Or is it an either/or situation?

[@Boxoflightsarcade]

@@UpTheDown7 Go through resubmit process which I am doing now. I’m assuming mine won’t have the Tatoos or something. Then you get a refund I believe.

[@UpTheDown7]

@@Boxoflightsarcade Right. Sorry dude that really sucks

[@ComicBookInvestments]

That sucks. Do they refund you what you paid for it. Or refund you what the fmv is?

[@Boxoflightsarcade]

@@ComicBookInvestments not sure yet. I emailed them tonight after I found out. Will resubmit and see how it goes but I have my purchase receipt from 2 years ago.

[@elizabethscott584]

So why are we sending books to CGC? Seems like this has devalued slabbing books.

[@Superstewie0001]

Ok I have maybe an explanation to to the Stan Lee signature of 1986. I have an Amazing spiderman annual 15 signed by Stan Lee. It's not graded but I have two photos of him signing it. That was in 1984. Would that be sufficient for a cgc signature grade?

[@AutomaticComics]

The Stan Lee was signed on the back cover. There’s an image of it on CGC. I’d still wonder if he swapped something in, maybe a restored signed book or something.

[@DanThrue]

Or maybe he faked the signature (would be pretty bold move, but he was obviously quite willingly to take risk), and send the original to CBCS for the verified program.

[@AutomaticComics]

@@DanThrue it’s possible. He would have had to have opened the actual inner well and resealed it to do that though. I’m sure it’s possible. But seems much less likely than swapping some other signed book that’s either lower grade or maybe restored/incomplete.

[@DanThrue]

@@AutomaticComics I agree - your scenario is probably the most likely if it's tampered with. I have tried to look at the Turtles #1 scans - and I'm not able to determine if it's a first or second printing, I've never seen a 1st print before IRL, but as far as I understand it's the coloring that makes the difference when you can't open the book. To me the colors looks almost identitcal to my 3rd print.

[@AutomaticComics]

@@DanThrue it’s tricky with turtles 1. I’ve seen first prints with deep reds and first prints with the lighter red/pinkish color. I’m not convinced you can actually differentiate based on that color alone. But I wouldn’t be surprised if that’s a second print in there.

[@Matches-Malone]

Re-grade for all Re-holders…that’s what the practice should’ve been. I wonder if cbcs practice is better? If it is I might just switch.

[@ComicBookInvestments]

Cbcs said they regrade all reholders

[@beowulf1563]

Hey it was hard for CGC to fix the scam because of the giant pile of money in their way. By the time they moved all that cash it was too late.

[@ComicBookInvestments]

😂

[@mikes6368]

Cgc has had a grey area for shady business for a while. Cgc fan boys defend them so much it’s annoying, cbcs is better. PGX seals the comic with the label together on the inner well which all companies should be doing!!!!

[@JC-dg6vo]

That list and the comment on the ASM 194, etc... only works out the way you describe IF they didn't use authorized submitters to help them spread the load and not draw too much attention. If they submitted say, 59, but another 60 thru local comic shops and friends who were helping them do this con, your counts could be much higher. Only 59 ASM 194 in the 12 years they have been in business????? They didn't become practiced opening and closing cases on their first try! Think again. 2 JIM 83 are already in for review. A check of the list shows 2 checked off.

[@DocReasonable]

Getting 60 collaborator accounts involved and all swearing secrecy on the scam seems unlikely.

[@JC-dg6vo]

@@DocReasonable I hope so. 😂 Though you only need one or two more, say unsuspecting CGC authorized submitters and patience. At some point you still have to perfect your craft and not draw attention to oneself. Though this is more apple dumpling gang than Madoff. That same background helps folks hunt these down. The one thing that still stands out though is in the list. As you pointed out the failings. If you enter the serial numbers, after ordering them from lowest to highest, you see some go like this 001, 002, 004, ... Where is 003?

[@BadScorpio]

This guys is so screwed! Mail fraud and multiple felonies. He won’t see the light of day forever! This isn’t what the hobby needed right now…

[@davidmckinley5343]

Slabbing has kind of ruined collecting. It turns a book into just a cover. It has raised prices on things for no reason.

[@lukemorley3540]

But on the other hand - would you be happy to drop five figures on a book that could have restoration / debatable what the grade is Also - some people just want books for the cover - like paintings Still - slabbing modern books just off the press - hoping some guy says it’s a 9.8 is kind of insane …. Each to their own I guess

[@davidmckinley5343]

@@lukemorley3540 Big, five figure books make sense to have an expert look at and probably slab just for safety but common books have gone crazy in price just because of a grade. I guess a lot of people like art and not comics.

[@mauricedevereaux6573]

HI David, Hope you are well, the The Amazing Fantasy #15 signed by Stan Lee signature series fraud, some other youtuber (Maybe Swagglehaus) showed pics of that book, it had a verified signature by CGC on the back of Stan Lee in pen from a more recent Stan signing. The other signature from 86 from Stan was unverified by CGC but written on the label as they do sometime. Cheers Maurice

[@pcorey182]

Amazing Fantasy 15 signed by Stan Lee if someone brought that book in the show and showed it to him and ask him if he signed it and he said yes and cgc was there and he said well let cgc know it could have got a signature series no I'm not defending the scammer just saying there's a possibility of why it got a signature series,and of the 350 books they're possible fraud scam meaning not all 350 books are switched out I'm sure some are authentic but yes cgc definitely dropped the ball they've known for years especially on their chat boards people saying why don't you make the case more secure put security labels on the inside connect to top grade to the actual comic case and cgc said they could not be bothered it was too much work so yes it's totally cgc fault and everybody that owns a graded book now in the future when they update their cases and make them more secure which they will do if they want to stay in business we'll have to get their comic updated with a new case as the old cases in say a year from now people won't want unless they get a huge discount so all the money I have invested in getting books graded or purchased books now is just a nice protective holder the grade is worthless shame on cgc

[@DocReasonable]

CGC didn't exist when Stan signed the book in 1986.

[@pcorey182]

I know you're right, what I'm saying is if Stan Lee verified he signed it himself and said that to cgc that he signed it and cgc gave it a signature series I'm only saying this because I know that they don't watch every book get signed sometimes they drop it off at a table and come back an hour later or the 86 could have been for something else the 86 don't mean it was the year I know it's a stretch just saying there could be another reason I don't see cgc approving it when it even stating it says Stan Lee 86 on the label

[@EMMANUELSANGELS]

Clearly, the individual at CGC were not born in 1986, because if they were all of this may not have transpired

[@MrPelletty]

I dont think there is one person talking to another in these instances. The person who is re-slabbing more than likely has no idea whose book it is. What should be happening is that the book should be getting re-graded when you reholder until they have a foolproof way to make sure the book is not tampered. He sent in 1 modern superman book too. It was kind of out of place and should be easy to track since its not a popular one to grade.

[@ComicBookInvestments]

Maybe that modern Superman was to throw cgc off his trail

[@comicroy9842]

The answer to every question in your rant is the low calibre of the people they employ

[@ComicBookInvestments]

Yup and poor management at the top

[@comicroy9842]

@@ComicBookInvestments yep, top to bottom there is a complacency that has meant no quality improvements or real innovation, preventing this sort of fraud could be done for very little cost

[@timothybrandt6911]

If you look up the af 15 cgcss 6.5 it has images of it on the cgc web site amd its signed on the back of the book.

[@Chrisinthespace]

CBCS has always been better than CGC. CGC has become fashionable for the reasons everyone knows. CBCS, on the other hand, is more competent and correct and when I purchase CBCS slabs I am always sure that I have invested my money well. I will send my next books only to them.

[@spinetickspressing]

I predict that buyers will now gravitate to books if a seller can show evidence that they bought the book raw and sent it in themselves for grading.

[@decojoker1]

CGC will not find all the affected books, so they will only lose so much money, but the new cases will mean people like me who just had all my comics graded recently will be in the old non-trustworthy cases, so cgc will have everyone coming back to reholder the old cases and will win big in the end for their own incompetencies. sad for the collector

[@gearmonger8616]

On Signature Series - was that always CGC'S policy?

[@darrinprescott]

The more I think about this, the more I'm worried about books that may have been swapped in this way and just dumped directly into the market (without involving cgc for a reholder) . Part of me is now expecting there's going to be a dam burst. Really hope I'm wrong.

[@ComicBookInvestments]

Ya that worries me too

[@BBeep]

Is the seller in question still currently selling books? I have yet to hear the name of the person responsible

[@ComicBookInvestments]

I’m sure they are. Probably just make a new eBay bameb

[@T-RavisComics]

Wait I thought these books were getting the same cert number? So ASM 194 they would all have same number so total number would be the same. Maybe I miss understood

[@chriskuneman3310]

Anyone that thinks that is the end of the CGC scandal is foolish. This is the first scammer discovered and he won't be the last. Millions of cases can be compromised. It's only a matter of time before more scammers pull this.

[@DocReasonable]

It's the end of CGC, period.

[@chriskuneman3310]

​@@DocReasonablein the end, CGC's greed is what caused all this to happen. They valued quantity over quality.

[@DocReasonable]

Not just greed but laziness and stupidity too. @@chriskuneman3310

[@pbales8951]

I love a good rant!

[@brclar78]

Sounds like there's a grader in on the scam to me 🤔

[@superneilcomics8196]

I sent my consignments really early.

[@buddhatbay9041]

Hello, I found you videos recently have started watching them. Very interesting and informative. I wonder if I can ask you a question. Years ago, I bought an apparent hight grade FF#48. I sent it in to CGC to get graded and to my horror, got back the slab with the purple plastic of death stating that the comic had been altered...specifically it had been shaved. So my question is how sellable is a comic like this? Thanks again for your videos.

[@ComicBookInvestments]

Thanks for watching. So it’s trimmed. Usually that is the worse kind of restoration. But it’s still sellable especially since it’s a key like ff 48. It will take longer though if you want top dollar. If you threw it in auction it will go for 50-70% of the value of a blue label unrestored version in the same grade. If you put it up as a BIN and waited for the right person. You might get 70-80%. The variation depends on the grade and just who is interested at the time

[@buddhatbay9041]

@@ComicBookInvestments Thanks for replying and so quickly. I'll throw it in and see what happens.. All the best....

[@Voxclamantis]

It assumes that CGC would be evaluating the kind of material being submitted over time by a particular account. Chances are they had nobody assigned to doing that. Or checking books being reholdered at all. I doubt they had any system at all for red flags. Now they will need a serious anti-fraud department like credit companies have.

[@ComicBookInvestments]

They are a billion dollar company. They need to take it more serious

[@Voxclamantis]

@@ComicBookInvestments yes. even if they were a small company, they’d need to. Rep and trust are everything.

[@Voxclamantis]

I really want to see them do Something smart for what will become old cased books. Like free reholdering into new cases. Or $5 a book.

[@adoniscomics]

I think the AF 15 is signed twice, its signed on the back cover as well. The pic is on the cgc site

[@ComicBookInvestments]

The seller clearly has fraud books. So it’s safe to assume that af 15 was also fraud in some way. Either the signature was never verified or the book is restored

[@Dan-013]

Question ? X-Men 1 is 0.5 I was under the impression that If a book is complete with the covers, spine split or not, it should at least be 1.0, 0.5 should be for books missing part of cover, page missing, coupon out, otherwise incomplete, am I WRONG ❌ apparently according to CGC , well am I wrong ?

[@ComicBookInvestments]

Yes you are wrong. A 0.5 is the lowest grade. So comics that are in really really bad shape get 0.5. Also anything missing a page or coupon also gets 0.5. It’s a terrible numbering system to be honest. They should just give it a green label and the grade if it’s missing anything. But you can have a very low grade that is complete at a 0.5

[@eggplantcomics8336]

If you notice a lot of the cert numbers are close indicating he often sent asm 300’s at least two at a time. Another red flag. Every submission was multiples of same book. Also the Stan lee sig was on back of book as the witnessed signature. It just happened to also be signed inside.

[@ComicBookInvestments]

Ahhh thanks for that. Well there were multiple signed books. So im assuming they were all fraud as well

[@bargainbincomics]

Wonder though if a book handled so many times in a grading process could reasonably maintain its condition amd not pick up wear, thus dropping it from a 9.8 in some obvious way. Same book graded 50 or more times, I would expect wear.

[@davidsamuelson2089]

CGC is floating out there this is a one guy incident. Bets that there is more than one guy with one acct. If one guy figured it out, three are many others that are much smarter about how they’re doing it & trickling in the subs. This guy got greedy.

[@danielcharles4085]

Cbcs is throwing a party

[@UpTheDown7]

I don't think you understand how the scam worked

[@majorpoopie6048]

I bet you $100 that Stanley one where he signed the amazing fantasy in 1986 was probably an inside job

[@HeySpanky]

Do you think this is possible with cbcs?