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Elite Collector
 
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Last Login: Yesterday @ 2:51:40 PM
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duncan36 (7/25/2009)
You honestly dont think theres a huge amount of motivation for people to try and defraud CGC? If you could find a way to produce fake CGC shells whether by an inside job or by making your own you could literally print money.
It would be one of the most lucrative scams possible and much less dangerous than trying to pass counterfeit money or something like that.
You could turn a $10,000 lightly restored early key into a 9.2 blockbuster that would fetch $200,000 just because of the shell its enclosed in.
Theres too much money in it, its inevitable that kind of fraud is going to happen at some point. When it does the entire CGC market is going to be severely crippled. Especially if it turns out thousands of books are fraudulently slabbed.
No. There is no need to go through the large expense of time and money to counterfeit CGC cases and labels when they can spend considerably less time and money buying raw books or currently slabbed books and pressing, cleaning or many other things that will get a free pass from CGC or go undetected. Pressing and dry cleaning are not restoration according to CGC and the profit realized from these are far larger.
Why bootleg a show when there are already free passes to get in?
Inexpensive manipulation has been going on for years and CGC has not only silently endorsed much of it but the demand of high grade slabbed books has made manipulation of books a far more rampant and profitable pursuit. Anyone can do it/get it done and afford it.
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Enthusiast
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Last Login: 9/14/2009 3:04:11 AM
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oxbladder (7/26/2009)
duncan36 (7/25/2009)
You honestly dont think theres a huge amount of motivation for people to try and defraud CGC? If you could find a way to produce fake CGC shells whether by an inside job or by making your own you could literally print money.
It would be one of the most lucrative scams possible and much less dangerous than trying to pass counterfeit money or something like that.
You could turn a $10,000 lightly restored early key into a 9.2 blockbuster that would fetch $200,000 just because of the shell its enclosed in.
Theres too much money in it, its inevitable that kind of fraud is going to happen at some point. When it does the entire CGC market is going to be severely crippled. Especially if it turns out thousands of books are fraudulently slabbed.No. There is no need to go through the large expense of time and money to counterfeit CGC cases and labels when they can spend considerably less time and money buying raw books or currently slabbed books and pressing, cleaning or many other things that will get a free pass from CGC or go undetected. Pressing and dry cleaning are not restoration according to CGC and the profit realized from these are far larger. Why bootleg a show when there are already free passes to get in? Inexpensive manipulation has been going on for years and CGC has not only silently endorsed much of it but the demand of high grade slabbed books has made manipulation of books a far more rampant and profitable pursuit. Anyone can do it/get it done and afford it. On the contrary, some people don't get the free passes but slip in through the back door. A certain Mr Dupcak is well known for breaking high grade books out of slabs, replacing them with much lower grade books and selling them as whatever the label suggests. Then, to maximise profit, sell the cracked book as a HG raw. Why fake a CGC slab when they're provided for you?  Admittedly it's harder with the newer cases, but not impossible.
    
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Elite Collector
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Last Login: Yesterday @ 2:51:40 PM
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Yeah lots of that too. I was just trying to point out that counterfeiting the case and label is pretty much unnecessary right now and for the foreseeable future. Why go through the expense (the inner well alone would be very expensive to reproduce since I believe it is polyester film and that chit ain't cheap, never mind trying to duplicate the security features on the label) when it is cheap and easy to profit other ways?
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