Beckett Changes It's Grading Scale - Let the Hobby Chaos Begin!

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  • Опубликовано: 30 ноя 2024

Комментарии • 131

  • @Furlacher52
    @Furlacher52 Год назад +10

    I’m with you Brian. I hate change. If Beckett wants to narrow the gap on psa they need to lower prices and have faster turn around times.

    • @EndZiiel
      @EndZiiel Год назад

      I still find all these huge cards that are sold at auctions like pwcc and goldin still go through bgs for grades though . I prefer the look of bgs too

  • @TheBackRoom_Gaming
    @TheBackRoom_Gaming Год назад +2

    This change would have been good for BGS, but the way they announced it was bad (renaming 9.5 GEM Mint). Leave 9.5 as Gem Mint, Pristine 10 and Black Label as is, but add an easier 10 with the title "Gem Mint +" 9.5 stays at "Gem Mint" (so 9.5's do not need a new label). This change would let the pristine 10's have their higher quality and prices, but having the easier 10 label would allow for BGS to attract the audience of people who like getting easier ten's with PSA and CGC.
    BGS loses a lot of business because many people could grade a card at other companies and get a 10, but Beckett will more than likely give it a 9.5 (and most people do not want this). BGS having an easier 10 grade would allow for BGS to bridge the gap with market prices and allow for cards that would normally be 9.5's, to actually match the market value for PSA 10. For ex, if you have a Charizard Gold star Japanese psa 10, its worth around 12k. That same card could grade 9.5 at beckett, and only be worth 4-5k. This is the issue.... BGS needs to make the Gem Mint + 10 Grade to bridge the gap where 9.5 grades can meet the same level of PSA 10.

  • @scotty06wwjd
    @scotty06wwjd Год назад +2

    Glad they are walking this back! NO ONE wants their BGS 9.5's downgraded to "MINT +".

  • @Jacob_Spang
    @Jacob_Spang Год назад +3

    PSA is about to get real real busy again lol If they announce the min gem downgrade is official you will be able to hear the cracking noise from space. Class action lawsuit?

  • @richardsdao2948
    @richardsdao2948 Год назад +4

    Nothing like watching a company put the nails into its own coffin.

    • @moby1kanob
      @moby1kanob Год назад

      UPDATE ON BGS CHANGES: BGS Sent an email out, they said based on feedback they will NOT be making any changes at this time. See email below:
      Dear loyal Beckett customers,

      We are grateful for the feedback and insights you have shared with us over the past 48 hours. Your passion for our brand and hobby is truly remarkable, and we appreciate your support.

      After listening carefully to the feedback you all shared, we have decided not to make any changes to our grading scale at this time. We will keep you updated with an official announcement later next week regarding improvements to our grading scale. We thank you for your continued trust and loyalty to Beckett. Please continue to share your thoughts and feedback directly with us.

      Regards,
      Team Beckett

  • @kypham6292
    @kypham6292 Год назад +2

    I do like some of the rumored changes:
    1. Two 10s and two 9.5s (which should not be much less valuable than PSA 10) should be renamed gem mint 10
    2. One 10 with all three 9.5 (again should not be much less valuable than PSA 10) should be renamed gem mint 10
    3. Three 9.5 and one 9, previously gem mint but a lot of times not as clean as PSA 9 especially if the 9 sub grade is for corners, should be reflected as such ie 9 Mint+
    4. Two 9.5 and two 9 should also be reclassified as 9 Mint+.
    As for four 9.5 being reclassified as 10 gem mint, well that’s just silly and hope this does not happen as it surely will devalue the other BGS 10.
    Overall I like the idea of changes that make grading as standardized as possible across the four major companies, making it easier for new collectors coming in.

  • @simonssportscards2901
    @simonssportscards2901 Год назад +3

    It will present a short term opportunity Beckett 10’s will at least bridge the gap between the value of a PSA versus the value of Beckett. This will make Beckett a more appealing option than SGC to regain the number two mantel once again. I will be buying 9.5’s with a 10 as a result

  • @jeffhenderson8052
    @jeffhenderson8052 Год назад +2

    Beckett got Brian fuuuuuuming!! lol Unhinged Cajun Fridays should be a new bit.

    • @cajuncardboard
      @cajuncardboard  Год назад

      😂😂 I have faith it’ll all work out. The hobby always figures it out.

    • @briankamps8517
      @briankamps8517 Год назад

      April fools.

  • @BCNeil
    @BCNeil 8 месяцев назад +2

    This was a horrible plan. The cards are still worth less a year later. Any 3x9.5 1x9.0 is now worth a psa 9

    • @cajuncardboard
      @cajuncardboard  8 месяцев назад

      It’s not going great for Beckett that’s for sure.

  • @dacryptkeeper6836
    @dacryptkeeper6836 Год назад +1

    I have a Gold Refractor Autograph graded 9.5 with 10 on the Auto, BUT it has NO sub-grades! This is obviously prior to the sub-grades being shown. WTF???

  • @reddzone99
    @reddzone99 Год назад +1

    My solution is to create a brand new grade called Gem Mint Plus. BGS can easily relabel high Gem 9.5's to Gem Mint Plus 10. They can do this because of their historical transparency of using subgrades, in almost every case 1 for 1. Using their single grade service, Pristine currently get subs automatically. For this solution Gem Mint Plus does as well. All Single Grade 9.5 Gems can be crossed to the new Gem 10.
    Put the new 9.5 Mint+ on the back burner for at least 3 years, until there is a massive number of 9.5 gem to 10 gem relabels. Then rinse and repeat for high grade Mint 9 cards. Relabel those old high grade Mint 9's to the new 9.5 Mint+.
    10 Pristine Black Label (automatic subs)
    10 Pristine Gold Label (automatic subs)
    10 Gem Mint+ (automatic subs)
    10 Gem Mint
    9.5 Mint+ (delayed)
    9 Mint
    Etc...
    Everybody gets the Gem Mint 10's they want, plus new more defined premium Gem Mint+ 10's. And then later down the road a new 9.5 Mint+. The cost to customer should be very consumer friendly for relabels in almost every case. Assuming there are no glaring issues to the slab/card.
    BGS may then arguably hold the top 5 grades in the industry:
    10 Pristine Black Label
    10 Pristine Gold Label
    10 Gem Mint+
    10 Gem Mint (subs)
    10 Gem Mint

  • @patrickgarrison1875
    @patrickgarrison1875 Год назад +3

    SGC watching closely with a bag of popcorn

  • @moby1kanob
    @moby1kanob Год назад

    UPDATE ON BGS CHANGES: BGS Sent an email out, they said based on feedback they will NOT be making any changes at this time. See email below:
    Dear loyal Beckett customers,

    We are grateful for the feedback and insights you have shared with us over the past 48 hours. Your passion for our brand and hobby is truly remarkable, and we appreciate your support.

    After listening carefully to the feedback you all shared, we have decided not to make any changes to our grading scale at this time. We will keep you updated with an official announcement later next week regarding improvements to our grading scale. We thank you for your continued trust and loyalty to Beckett. Please continue to share your thoughts and feedback directly with us.

    Regards,
    Team Beckett

  • @Goats_and_pros
    @Goats_and_pros Год назад +2

    Thanks for the video Brian.
    These new BGS grading standards are trash. True gems are no longer gem mint? What in the world is happening. Subs of 10, 10, 9.5 and 9 are now just mint +?
    This decision will be the end of this company, it’s sad.

    • @moby1kanob
      @moby1kanob Год назад +1

      UPDATE ON BGS CHANGES: BGS Sent an email out, they said based on feedback they will NOT be making any changes at this time. See email below:
      Dear loyal Beckett customers,

      We are grateful for the feedback and insights you have shared with us over the past 48 hours. Your passion for our brand and hobby is truly remarkable, and we appreciate your support.

      After listening carefully to the feedback you all shared, we have decided not to make any changes to our grading scale at this time. We will keep you updated with an official announcement later next week regarding improvements to our grading scale. We thank you for your continued trust and loyalty to Beckett. Please continue to share your thoughts and feedback directly with us.

      Regards,
      Team Beckett

  • @brianfrench5814
    @brianfrench5814 Год назад +2

    I agree with you. If they do that it probably will crash the beckett market. Imo

  • @phonzter
    @phonzter Год назад +4

    True gems without a single 10 should never be BGS 10 period! However, I do like the idea that true gems with one or two 10s should be BGS 10. Maybe call it BGS 10 TRUE GEM and leave the rest of the GEM MINT labels alone!

  • @cardalien
    @cardalien Год назад +1

    Awesome video! thanks for going into detail about the gem mint ++ differences, I finally understand it better. I have a Curry RPA BGS 8.5/10 with 9.5/9.5/9/8 grades. The average of those 4 numbers is 9... Makes no sense, why is it an 8.5 instead? I feel like mine should be a Mint 9, especially if their "new" grading scale of 9.5/9.5/10/10 = a 10.....

  • @montana01
    @montana01 Год назад +2

    I think you spot on... the change will do more harm that good. It's the fear of saying, we haven't did it right for the last 20+ years; yikes. There's a TON of MIN Gem Mint's out there. I'd estimate for BGS GEM mint population it's about (60% Min, 20% TQuad/true, 20% Plus) Your impacting the 80% to try and bump the 20% GM Plus. Very risky for a company that is in need of customer support.

    • @cajuncardboard
      @cajuncardboard  Год назад +1

      Well said

    • @briankamps8517
      @briankamps8517 Год назад +1

      April fools.

    • @stobbz9644
      @stobbz9644 Год назад +2

      GemRate got the data and only 15% of their current 9.5 gem mints would be 10 gem mint. To degrade the value of 85% of your gem mint slabs on the market is suicide.

    • @budgetcardbreaks
      @budgetcardbreaks Год назад

      Agreed I have 50 bgs 9.5 only 3 qualified for a bump up. This could be horrible for me..

  • @12centcomicsandcards
    @12centcomicsandcards Год назад +1

    I guess sub grades will need to be provided for full disclosure going forward…

  • @RWorfel1
    @RWorfel1 Год назад +4

    If they change the (9.5,9.5,9.5,9) name from “Gem Mint” to “Mint+”, they will immediately devalue those cards and they will be liable for damages. Look forward to a class action lawsuit

    • @cajuncardboard
      @cajuncardboard  Год назад

      Well they just announced it. They even changed quad gem to mint plus!!

    • @briankamps8517
      @briankamps8517 Год назад +3

      April fools.

    • @RWorfel1
      @RWorfel1 Год назад

      @@cajuncardboard not happening. I knew they would backtrack that announcement

  • @coryb9514
    @coryb9514 Год назад +3

    This almost makes the 9.5 gems without sub grades better, because now you don’t know. Their value might go up because you have no idea if it’s the new 10 or the new 9.5 mint plus 🤷‍♂️

  • @michaelspellman5171
    @michaelspellman5171 Год назад +2

    Hypothetically speaking, if Beckett makes all the changes exactly as described in the video…..what happens to all the cards everyone has that says “Gem Mint” when going forward it’s only going to be a “Mint+ or Mint++”? 🤷‍♂️. Seems to me Beckett is going to make a lot of people move to PSA, CGS or other grading company.

    • @cajuncardboard
      @cajuncardboard  Год назад

      They cancelled the changes to reconsider and will announce next week.

  • @NathTHFC1234
    @NathTHFC1234 Год назад +1

    To be honest, i don’t think a BGS 10 Gem Mint is a bad idea for a card with 2 10 subgrades. A 9.5 seems harsh when it’s 50/50 9.5 and 10.. but anything less than 2 subgrades absolutely should not be a 10! One 10 subgrade or less is not a 10. That said, this is the first video of yours i’ve seen, thank you for the content and thorough examination 🙏💙

  • @mjordandagoat
    @mjordandagoat Год назад +1

    You've heard of a run on banks? Well a run on BGS seems eminent... this really sucks because I am a die-hard BGS PC because of the subgrades and thicker holder ::chef's kiss::
    Now I have to think about going PSA which I hate but between two evils we must choose the lesser of the two.

  • @kinrokansha
    @kinrokansha Год назад +2

    Beckett needs a consultant just like you.

  • @josedomingues23
    @josedomingues23 Год назад +1

    Keep the content flowing!

  • @ag_cards1708
    @ag_cards1708 Год назад +2

    How can a card I paid Beckett to evaluate 15 years ago and they deemed it to be gem mint now the same card still in the same holder Beckett is saying is no longer a gem mint card. And they are saying they are not changing their grading standard's. If they go thru with this they are on their way out. Not sure who made this decision but it is insane.

  • @GoldenStateTrades
    @GoldenStateTrades Год назад +3

    Beckett is about to make a huge mess of this. According to gem rate, 80% of current 9.5 gem mint cards are min. Gems. So basically 80% of their gem mint cards just became a lower valued mint + instead of gem mint. Even quad gems which are more sought after are going to be only mint +. They seriously need to rethink this.

    • @cajuncardboard
      @cajuncardboard  Год назад +2

      Exactly. And the prestige of bgs 10 is also gone.

    • @budgetcardbreaks
      @budgetcardbreaks Год назад

      Yes I agree!! I have 50 9.5 bgs cards only 3 qualified for 10s….I really hope they rethink this. Like if u graded it gem mint how can u downgrade it afterwards.. it’s bullshit

    • @GoldenStateTrades
      @GoldenStateTrades Год назад

      @@budgetcardbreaks that’s messed up

    • @moby1kanob
      @moby1kanob Год назад +1

      UPDATE ON BGS CHANGES: BGS Sent an email out, they said based on feedback they will NOT be making any changes at this time. See email below:
      Dear loyal Beckett customers,

      We are grateful for the feedback and insights you have shared with us over the past 48 hours. Your passion for our brand and hobby is truly remarkable, and we appreciate your support.

      After listening carefully to the feedback you all shared, we have decided not to make any changes to our grading scale at this time. We will keep you updated with an official announcement later next week regarding improvements to our grading scale. We thank you for your continued trust and loyalty to Beckett. Please continue to share your thoughts and feedback directly with us.

      Regards,
      Team Beckett

  • @sdharrow1947
    @sdharrow1947 Год назад +1

    That is why I'm going with FCG. All AI and no bs. They explain why you got the grade in the first place. $14 per card depending on thickness and other minor issues. Less than 2 week turnaround business days.

  • @sxanity
    @sxanity Год назад +1

    They say they aren't changing the standards but it's easier to get a 10 now. Makes no sense. Grading requires consistency

  • @ag_cards1708
    @ag_cards1708 Год назад +2

    If all the 9.5 Gem Mint graded cards that were bought as gem mints which is the same technically as a PSA 10 used to sell equal or more in past now valued at lower. If they now make 9.5 gem mints a mint plus after people bought them as a gem mint as assessed by Beckett they will be out of business in quick order. Zack, you and I will lose major money and I know I would never use or buy a Beckett slab. This would be an absolute disaster. I agree with you Beckett is to established to change anything.

    • @cajuncardboard
      @cajuncardboard  Год назад

      🤯🤯🤯🤯 you nailed it. We aren’t the only three that would be disappointed.

    • @briankamps8517
      @briankamps8517 Год назад

      April fools.

  • @kevinbford20
    @kevinbford20 Год назад +1

    And here, we, go! 🤪

  • @coryb9514
    @coryb9514 Год назад +2

    Well it’s official. Beckett has now said all “true” gems with four 9.5s will now be Mint+ 🤦‍♂️ What a massive mistake and feels like we have all been lied to about our “gem mint” BGS cards.

  • @borelling8094
    @borelling8094 Год назад +2

    Settle down now:)
    Who cares about the wait time..
    Not Beckett's fault that collectors can't compute that a 9.5 equals a 10!in PSA and SGC? This is a good thing for those who own "solid" 9.5s (maybe not the minimum 9.5s)..
    Imo some people are adding to the confusion. This is a good thing.. but could create a backlog.. I'm willing to wait.

    • @cajuncardboard
      @cajuncardboard  Год назад

      You do realize they announced quad 9.5 are no longer gem mint? You also realize it devalues the existing bgs 10 as well? This will sink bgs.

    • @borelling8094
      @borelling8094 Год назад +1

      @@cajuncardboard Has there been an update since your latest video? Thankyou for the videos and for your opinions but until we get an official announcement it seems like hyperbole. I thought your latest video implied that a solid 9.5 (quad 9.5 for example) would probably translate to a 10? If you have new information then I stand corrected. I don't think any move by Beckett is going to please everybody.. but we have all been trained to believe 9.5s equal 10s.. *that's what simple folks want to see on the case:). Look forward to the official announcement. My solid 9.5 Julio Rodriguez cards want an upgrade:)

    • @borelling8094
      @borelling8094 Год назад +2

      I did a little more digging:).. let me know if you're hearing the same thing.. now quad 9.5s will remain 9.5..
      Those 9.5s with one or two 10s will be upgraded to 10.
      So now only some of my Julio Rodriguez cards are going to be happy:)
      Let me know if you've heard something else.

  • @idolizing_Gibson
    @idolizing_Gibson Год назад +2

    Are they changing their grading standards, or just the grade/label? Or just their algorithm? If they want to compete, seems to me they should concentrate on quality, consistency and customer service and not gimmicks.

    • @cajuncardboard
      @cajuncardboard  Год назад +1

      Just labels as far as I can tell at the moment. I agree with the rest of what you said for sure. Seems like a desperation move to me

    • @briankamps8517
      @briankamps8517 Год назад

      April fools.

  • @NamekCards
    @NamekCards Год назад +1

    This is actually great, the only ones mad are those who are holding too many lower 9.5s. A GEM should never be less than a 10 grade, it never made sense that anyone would compared a PSA 10 to a BGS 9.5, it should always be 10s vs 10s. Also the Black Labels just became more prestigious, you will not get those any easier. I LIKE IT..!!

    • @robintaylor-mockingeemill8223
      @robintaylor-mockingeemill8223 Год назад +1

      If you were holding a valuable BGS 10 now I don't think you would want the pop report to jump up because of changes .

    • @old-schoolrookiecollector1667
      @old-schoolrookiecollector1667 Год назад

      True gems with four 9.5 sub grades was the standard gem, seems like a mistake by Beckett to not include them in the new 10 crossover grade..

    • @NamekCards
      @NamekCards Год назад

      @@old-schoolrookiecollector1667 Think about it if a card didn't get a single 10 sub out of 4 why would it be a GEM 10? It just never made sense, it has been wrong seen the start but we all just got used to it.

  • @coryb9514
    @coryb9514 Год назад +2

    PSA for me going forward now, this is a damn mess with Beckett.

  • @budgetcardbreaks
    @budgetcardbreaks Год назад +3

    Let’s catch up to psa by devaluing our cards and making gem minting even harder!!! Bgs…I used to love u. U ran ur company into the ground

  • @stobbz9644
    @stobbz9644 Год назад +1

    For BGS to turn almost all of their gem mint slabs to mint+ is just wild. Screw over the 99% of your customers just to save the ultra rare 10 Pristine grade is downright stupid.

  • @JeffsCardJourney
    @JeffsCardJourney Год назад +1

    This will really kill the value of the BGS 10 black and gold label. Nobody will pay attention to the 10 + and 10 ++, they will only see the 10. It would be terrible for collectors who have a black and gold label.

  • @winstonw2020
    @winstonw2020 Год назад +1

    Wow.. my head is spinning.... thus buy the card not the slab.

    • @cajuncardboard
      @cajuncardboard  Год назад

      Best advice yet. The CARDS in bgs 9.5 didn’t change!!!! Only the labels will. Screw that.

  • @camt1823
    @camt1823 Год назад +1

    Haha right? No 10s at all, boom BGS 10 baby!

  • @MB-lu6fs
    @MB-lu6fs Год назад +2

    I was really hoping this was going to turn out to be a leaked April Fools' joke and they would do a fake announcement tomorrow.

  • @SplendidSports
    @SplendidSports Год назад +2

    If BGS downgrades min gems to mint plus it’ll be the single worst move a grading company has ever made. Atrocious move for Beckett, collectors, investors and the hobby as a whole.

    • @cajuncardboard
      @cajuncardboard  Год назад +1

      I agree 100% and I hope BGS is listening. It’ll be the last thing they do in this hobby. Disastrous consequences if they do it

    • @briankamps8517
      @briankamps8517 Год назад

      April fools.

  • @Towwny
    @Towwny Год назад +1

    I can maybe understand the chance in PRISTINE 10 and GEM MINT 10, all good... But the Quad 9.5 to a Gem Mint 10 and the Gem Mint 9.5 to a Mint plus doesn't make sense... I think Beckett should listen to your suggestions and do it that way 😂😂 Post it on Insta too, great explanation!! Very informative video bud!!

    • @cajuncardboard
      @cajuncardboard  Год назад +1

      Yeah I agree. Let’s wait and see what the official announcement from beckett is today or tomorrow. I honestly would not be surprised if they pushed off this announcement and gave it more time. There were mini mini mini people in the hobby that told them this was not a good idea, and that it would not be well received.

    • @briankamps8517
      @briankamps8517 Год назад

      April fools.

  • @austinbrown5731
    @austinbrown5731 Год назад +1

    Straight chaos on all different fronts. Very thoughtful points I hope Beckett has taken into consideration. At the end of the day their grading scale is too confusing especially for new people entering hobby. More will continue to flock to PSA.
    They should rip off band-aide and just move to new PSA grading scale with no subgrades. Then create new pop report for this new grading scale and old pop report stays with previous grading scale. People can determine what they are willing to pay based on the holder and old/new grading scale etc.

  • @sp123
    @sp123 Год назад +1

    Beckett is turning their 9.5s into PSA 9 which removes any competitive advantage they have over SGC, CSG, etc.

  • @jrsportscardschronicles3587
    @jrsportscardschronicles3587 Год назад +1

    Wait...wtf?? Man I now have a bunch of BGS 10s! Hooray, now going to send all my 9.5s to convert them to BGS 10s, so I can then cross them over to PSA 10s!!! LOL

    • @josedomingues23
      @josedomingues23 Год назад +2

      You do realize these new 10s lose value now across the board unfortunately.

    • @briankamps8517
      @briankamps8517 Год назад

      April fools.

  • @andrewhead523
    @andrewhead523 Год назад +1

    Yea. I echo your thoughts. Bad move BGS.

  • @batchelor_16
    @batchelor_16 Год назад +1

    What would this mean for a card with 9 9.5 10 10 subgrades?

  • @andrewmarks4640
    @andrewmarks4640 Год назад +1

    I have 5 BGS slabs in my PC….out of 90 slabs. Enough said

  • @RaysLBJScards
    @RaysLBJScards 8 месяцев назад +1

    No Bgs should just take all 9.5 gem mints and make them tens universal

  • @spokanecole6071
    @spokanecole6071 Год назад +1

    Poor zack

  • @herbgaming7852
    @herbgaming7852 Год назад +1

    When people forget about April fools 🤣🤦🏿‍♂️

  • @KochCards
    @KochCards Год назад +1

    PSA the only way.

  • @paulagent23
    @paulagent23 Год назад +2

    I wish they would just do away with the .5. Either make it a 9 or a 10. Like psa.

  • @tomgrant3671
    @tomgrant3671 Год назад +2

    Its a joke. 20+ years of a grading scale and now your going to change it?
    The announcement should simply state that all BGS slabs are now worth 20% less than before we made a joke of the company.

  • @EndZiiel
    @EndZiiel Год назад +1

    I'm pretty its a April fools joke ..

    • @cajuncardboard
      @cajuncardboard  Год назад

      It wasn’t but they cancelled the changes and will revisit and announce next week

  • @sonnydacuse7622
    @sonnydacuse7622 Год назад +1

    I'm done with Beckett! Lost huge amounts of money

  • @briankamps8517
    @briankamps8517 Год назад +1

    Do you not realize this is April fools?

    • @cajuncardboard
      @cajuncardboard  Год назад

      Sadly it’s not. It’s official. If they do take it all back and pretend it’s April fools then they decided that post hobby reaction yesterday. It’s been in the works for months.

  • @datdoan411
    @datdoan411 Год назад +1

    What would this mean for a card with 9 9.5 10 10 subgrades?

    • @cajuncardboard
      @cajuncardboard  Год назад +2

      Exactly. I have no idea. But BGS cancelled the changes Saturday night