Posted in: Comics, Vintage Paper | Tagged: cgc, matt nelson

CGC Promotes Matt Nelson to President

Published Mon, 12 Jul 2021 12:33:12 -0500

Matt Nelson is one of the most renowned comic book restoration and grading experts in the industry. He began collecting vintage comics at an early age, starting with a copy of Iron Man #1 that he received for his 14th birthday. By the age of twenty, Nelson had become the youngest Overstreet Advisor ever. Shortly thereafter, he opened Classics Incorporated, a business dedicated to comic restoration. CGC itself opened in 2000, becoming the world's leading third-party grading service for comic books, trading cards, magazines, and other pop culture-related collectibles. Nelson subsequently added restoration removal services and comic book pressing to Classics Incorporated. He joined CGC in 2013 when they purchased Nelson's company, Classics Incorporated, and reorganized it as Classic Collectible Services. In 2016, Nelson transitioned from President of CCS to Primary Grader at CGC, and in that role has handled hundreds of thousands of comics, including the likes of Action Comics #1 CGC 9.0 that sold for $3.25 million, and Batman #1 CGC 9.4 that sold for $2.22 million.

CGC Promotes Matt Nelson to President — Matt Nelson, courtesy of CGC

Now Nelson has got the President title again, promoted to President of CGC. CGC states that "As President of CGC, Nelson will lead the CGC team as it continues to grow in numbers and services. The expansion of CGC has been extraordinary since the company was founded in 2000. With Nelson at the helm, CGC will introduce even more exciting initiatives while always adhering to the founding principles of accuracy, consistency, and integrity."

It was recently announced that CGC's parent company Certified Collectibles Group, is set to be acquired by an investment group led by Blackstone Tactical Opportunities and including Jay-Z's company Roc Nation. CCG companies include Numismatic Guaranty Corporation, Numismatic Conservation Services, Paper Money Guaranty, Certified Guaranty Company, Classic Collectible Services, Certified Sports Guaranty, Authenticated Stamp Guaranty, and Collectibles Authentication Guaranty. CGC is a sponsor of Bleeding Cool.

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