Not really a "new" grading company -- but new to Trading Card grading.
CGC (the main comic grader) is diving into trading cards with accepting Pokemon and Magic cards first -- then sports cards in near future. I am not too familiar with CGC grading in general, but if they are accurate and can provide good turnarounds, they may challenge PSA and BGS for sports cards.
The one value add I see in their announcement is:
Once encapsulated, cards are then imaged in high-resolution. The images, along with certification details, are available at no charge in a searchable database.
If these searches are open (not just by Cert#), then these images may assist with allegations of trimmed/altered cards.
Here are some links of interest:
Sports Collectors Daily coverage
CGC official announcement
And if you are looking to become a card grader, they are hiring... CGC hiring sports card experts
Any thoughts of the potential of CGC grading cards?
