Quote:
Originally Posted by RealToppsaholic
another player will come into the arena soon I would guess -- the space is growing and other than PSA 2nd place is up for grabs. when SGC or beckett starts TRADING ON THE NASDAQ the conversation can begin but for now PSA is obvi #1 and should remain there; the re-sale numbers SCREAM that PSA > SGC
there will always be movement within the grades and people will complain about 'under-graded' etc but as we know this happens with all companies anyway right? no one complains about SGC ? beckett (BVG) holders can cross up or down 3-4 points ! a PSA 8 can be broken out and come back a 9 or a 6 from PSA again ! --- subjective nature will always make this an open topic hence the very reason third party graders will survive; traders need a dis-interested third party to 'broker' the deal/help establish value. the graders have made the collectors more wealthy; the graded holders have also brought in a whole new wave of people liken it to the poker boom ?
who is next?
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PSA themselves probably wouldn't be big enough to go public, it would be interesting to see what the split is between the cards and coins. Since PCGS is international, I'd be the coin division brings in way more.
Overall, a company going public isn't all that impressive.
Steve B