CGC has had it rough. They had a huge scandal early last year when scam artists took advantage of a lack of oversight to have regular comics graded as being special editions (Mark Jewelers and such) but the company seemed to weather the fiasco okay. This probably was due to how in regards to comics, CGC is still the big dog. When it comes to cards they are relatively less popular, with PSA and other companies getting more love for grading sports cards or non-sport stuff such as Magic, Pokemon, and the like. PSA is actually getting into comic grading too this year, interestingly enough. One wonders if the timing will work well for PSA as CGC now has suffered a huge hit to their credibility with a Pokemon card forgery scandal.
Cards worth millions of dollars that had been certified as legit by CGC and slabbed were supposedly prototypes of Pokemon cards from 1996. A number of these cards were examined with professional forensic equipment by individuals who then determined a large amount of the cards were, in fact, printed in 2024 and elaborate forgeries. This is extremely bad for CGC and could cause their reputation to take a massive hit. Comic fans will stick with them almost no matter what because they're a huge name in comic-books. When it comes to cards they have a lot of stiff competition--competition who can take advantage of this fiasco. I'm not going to jump to extreme conclusions such as stating this will lead to the downfall of CGC or something equally dramatic, but this is without a doubt going to hurt them, severely.
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