Comics Guaranty - Purpose of Grading Services

Purpose of Grading Services

Prior to advent of CGC grading and authentication services, collectors, buyers, and sellers were at the mercy of the marketplace. There was a clear possibility of a conflict of interest as a seller would benefit from exaggeration of the condition to inflate the value and thus increase profits. Likewise a buyer could dispute the condition of a book with the intention of purchasing at a lower price. Restored books are another matter of debate as it can be considered misleading and an attempt to ruse a potential buyer of a comic not to disclose any restoration efforts. Authenticity of a signed book is another issue that can arise in comics collecting. A signed book has the potential to valued more than the same book in equal condition. CGC's primary service is to provide a reliable, consistent, and non-partial comic books grading and authentication. Which can greatly mitigate all these challenges and pitfalls that inherent with comic book collecting.

Read more about this topic:  Comics Guaranty

Famous quotes containing the words purpose of, purpose, grading and/or services:

    Possibly the Creator did not make the world chiefly for the purpose of providing studies for gifted novelists; but if he had done so, we can scarcely imagine that He could have offered anything much better in the way of material ...
    Elizabeth Stuart Phelps (1844–1911)

    As the purpose of comedy is to correct the vices of men, I see no reason why anyone should be exempt.
    Molière [Jean Baptiste Poquelin] (1622–1673)

    The only phenomenon with which writing has always been concomitant is the creation of cities and empires, that is the integration of large numbers of individuals into a political system, and their grading into castes or classes.... It seems to have favored the exploitation of human beings rather than their enlightenment.
    Claude Lévi-Strauss (b. 1908)

    I see this evident, that we willingly accord to piety only the services that flatter our passions.
    Michel de Montaigne (1533–1592)