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I had always made the assumption that the grading companies operated in some type of assembly line fashion (which may or may not be correct). That would likely leave the logjam with the individual actually assigning the grade. To me, it would seem like there would or could potentially be a rather steep learning curve to this type of thing, even for someone with what many on this board would consider basic knowledge. As with many other business problems, throwing more people at a problem doesn't always make it go away. Cheers, Mark |
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As for PSA, it’s pretty rare that a company creates such a high demand for their product/service that they no longer even try to meet it. Usually when this happens another company swoops in to fill the gap, but I’m not so sure here. PSA is so much more preferred by everyone. I think Peter’s theory is interesting...that they come out of this and position themselves as a higher end option. If that happens, however, the hobby will be forced to accept an alternative TPG as the leader in the lower end, and I see no front runner there. It’ll be interesting to see how it plays out, nonetheless. |
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I thought PSA was justifying their recent prices increases by including a side of BBQ with each order.
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Interesting recent article - PSA claims Pokemon submissions have greatly affected their turnaround times. Pokemon Company says they can't print cards fast enough.
Yes, newer sports cards are overwhelming PSA, but Pokemon sounds like a huge contributing factor to the long delays. |
I just can't see the logic that another grading company can take advantage of this. PSA gets higher prices because of its registry. People use PSA because they get higher prices due to the registry. I'm pretty sure that if people were willing to wait six months or so to get their cards back after being graded anyway, pausing submissions until July won't incentivize anyone to go to another TPG. There isn't another TPG that has remotely positioned themselves to taking advantage of this situation and PSA surely knows this.
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To the contrary
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I can "afford" to sell cards for less in SGC holders if I need to - I can't sell crap from the 5 orders that I have sitting at PSA from as early as JULY! I can't make $$ on inventory that I can't sell. Secondly, the difference in grading fee allows me "room" to sell an SGC graded card for $75 less (for cards valued under $499) and still be in the same place net should I choose to do so. The only reason I have heard that gives me any pause is the extra piece of pointy plastic (on the black plastic insert) that another board member found in his recently received slab. This situation reminds of the "soup nazi" episode of seinfeld!! - NO GRADES FOR YOU! |
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I get exactly what Howard is saying. I still have a hard time pulling the trigger on SGC, when PSA brings sooooooooooooooooooooo much more money!!! Irregardless, sounds like all the Big Boys are gonna be charging AT MINIMUM, $20 per card to get stuff graded. I will wait and see if the quarterly specials resume. The swinging 60's was a good one.
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I just don’t understand how hard it is for SGC to put together a registry. Give the data to a few college kids and they’d build it in a week for beer money.
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SGC May have to raise their pricing for a while to keep from becoming overwhelmed. Idk
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Couple thoughts.
1. What's the difference if your cards sit in your possession or PSA's? If a bulk submission was going to take 9 months anyway it doesn't disincentivize you to wait for PSA to get caught up in 4 months and then take another two to grade your bulk order, providing they get their ducks in a row for the slamming they are going to take if and when they accept bulk again. 2. This MIGHT hurt the raw card market on low value raw, high value PSA 10, cards. Jordan cards like 89 Fleer which were selling for nice money raw to people who intended to gamble with it may suffer as there is no way you're going to gamble $300 on grading that card. 3. It might well HELP the versions of those cards already graded because they are no longer infinite until PSA makes it affordable to grade them again. So cards like PSA 9 and 10 1989 UD Griffey might actually go up FURTHER because the supply isn't going to increase for a while and if the speculators are holding onto theirs it may make them appear more scarce than they actually are. That's three thoughts actually but the last one hit me while I was typing the 2nd. So if I were in this market personally, I'd likely look to buy raw and sell graded, not immediately, but I'd definitely be watching things closely. |
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Then if you can do a few group subs so others are paying to get your cards graded you can make even more. At least that has always been my take on it. |
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To be clear Bobby what you do for everyone on the forum is great, I have even got in on at least one before. |
Ben, sure but I think the difference is going to be more extreme than in the past. Also right now speculators are hoarding the graded stuff. Cards you used to find 40 of on Ebay at any given time aren't there at all right now. I'm also not talking about doing it with the idea of grading the raw that you buy and flipping it. I'm specifically thinking because you will be UNABLE to do just that it may have interesting repercussions on the raw card world.
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Anything beyond that is just a d*ck measuring contest. :rolleyes: |
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I don't know, LOL. I just (barely), got into graded. :cool: |
No
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As discussed in another thread the time is ripe for a 3rd party registry that is inclusive of at least the big 3 grading companies (PSA, SGC and Beckett). Re: what's the difference if you have inventory or PSA has it? Really? Imagine how an auction company would do with no consignments (their "inventory"). I'm more "okay" with PSA not taking subs than taking them and saying we have no idea when we will get these back to you. 3 of the 5 subs I have there were submitted while they still had turnaround estimates. 1 of them coming up on a year now. VERY different for a collector just looking to put a card away (in which case I agree with your assessment). It is definitely going to be interesting to see how this move affects the market both short and long term. A number of different possible outcomes. |
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Still less time then it takes PSA to get your cards back to you. Zing! I'm here all night folks! |
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I'm not a PSA fan but I don't think this is going to change anything as far as collectors opinions are concerned. PSA will be the desired slab for most people that like TPG flips.
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i'm still not caught up on the registry thing - what's the point of it? is it just people registering their collection online?
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It is basically a dick measuring contest for most. Others it is a nice way to keep track of your collection. |
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i was gonna say that, but you went and said it for me |
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I add, I am not really a set guy. I only own two other complete sets - E104–II pirates (mix of SGC and PSA) and 1906 Lincoln Publishing (all SGC, but I bought it this way). I am far along on a D304 set (mix of SGC and PSA). No thought of/care for the PSA registry for these. I collect cards in both slabs. All things equal, I prefer my rare stuff in SGC slabs (bc SGC is much more knowledgeable/better) and more “commodity” cards in PSA (bc of value). But generally speaking, I will buy a card in either flip if I like the card. I will not buy 1950 or older cards in any other flip. |
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Are Tickets and Autos included?
Does anyone know if tickets and/or autographs are included?
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Vintage cars and baseball cards. Oh yeah. Two of mine.
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Edit: No, it is now legitimately $75.00 a card. Wow - just a 400% increase from the $15.00 a card just a month ago. I'm in the wrong business! |
So it goes
We know that PSA cannot reliably detect trimming. The stories here and elsewhere demonstrate that beyond any real argument. Yet there is such a demand for PSA grading, despite its demonstrated unreliability, that they have to close their doors to new business.
SGC rolls out its "new" website, kills its Registry (such as it was, at least you could somewhat track your own inventory), and, after ceremoniously announcing it was largely caught up with demand, jacks its prices up 200% immediately after PSA announces its temporary shuttered doors. Beckett seems to have no traction in the graded pre-war card market (not sure, I don't follow BVG or Beckett on eBay). CSG is a new kid on the block with some pedigree, but seems not to be able yet to grade anything after 1980 all that well. Yet. Its prices fetched seem to reflect the market not the quality of their work, but we'll see. Submitting anything but reliably high-value cards is now out of reach. People like me, who don't rip open boxes of shiny new basketball cards from boxes snuck out the back of WalMart are left pretty much with nowhere to turn. COVID or none, the card collecting marketplace has now, I think, been irretrievably changed, and not for the better. On top of all the other losses and disappointments of the last year, the adverse changes to the hobby I've loved for over 50 years is truly disheartening. |
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If not good for them if they can get a minimum of $75 a card. Raising the prices makes way more sense that hiring/training a bunch of people they will just have to lay off once all the new investors/collectors drop the hobby like a hot rock when they return to normal activities. |
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Rich |
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I was going to start a sub to see if it was a joke or not. Then they asked for my password and it has been so long since my last sub I couldn't remember it. |
PSA announced today that they have stopped grading cards and will now just sell the sealed slabs with grades attached. Joe Orlando stated, “Here at PSA, we began to realize that the real value is in the PSA slab itself, and it doesn’t really matter what card is in the slab. Plus, grading cards is really difficult and very time consuming. We were falling behind in grading our submissions, so we finally decided to stop grading cards. I mean really, what’s the point?”
“From now on going forward, our customers can order a slab with a card identifier and grade they would like. So say you always wanted a 1952 Topps Mickey Mantle in a PSA 6 slab, just order the slab you want! Now you don’t have to wade through those giant auction catalogs any longer looking for that elusive PSA slab you need. Just order it directly from PSA! We are currently working out the pricing, and basing it on the latest completed auctions for cards sold in our PSA slabs. Look for a price list to come out soon.” APRIL FOOLS! (I hope):rolleyes: |
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