PSA has stopped accepting submissions
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SGC has a chance to really step it up. Especially with modern.
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Is that something from 'The Onion,' or is it real? :rolleyes:
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Wow. Three months. The ripple effects might be interesting. I’m also not sure if a moratorium on new subs is the answer. There are enough devout PSA addicts that will just save up their cards rather than sub to a different TPG. PSA could see a tidal wave come July 1 and be right back where they started....
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Still accepting super express and above and plan a tiered reopening of lower services. Something had give I suppose.
Sent from my SM-G960U using Tapatalk |
Well if everyone had just worn their face masks
:D Guess it is time to raise the prices of all PSA-graded cards to reflect the coming drought. |
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The Onion
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https://www.theonion.com/?utm_source...ign=2021-03-30 |
I think PSA saw my post bashing them on the BODA thread and decided to shut down.... man I am good! :p
SGC has a real shot. I am a fan of SGC and prefer them to everyone, but in my experience they seem to always find a way to snatch defeat from the jaws of victory. BTW- the Onion started in Madison, WI - Go Badgers! |
How many graders/employees does SGC have?
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I suspect that lots of modern submissions will still avoid them (at least I selfishly hope so, so it doesn't take me 4 months to get back my modest 2 to 7 card submissions). Sent from my SM-G960U using Tapatalk |
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So if you're a younger collector/flipper now where do you go with all your Acunas and Sotos and first year prospects and Prizm commons? |
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Think about it though. Suppose this isn't just a short term move by Nat Turner but a long term plan to position PSA as more of a high end, high dollar grader than a low dollar mass grader. Maybe he sees more of an opportunity to flip the company, or do another IPO, in that posture. Maybe the economics are better who knows. Grading and mostly by PSA has become the norm for all sorts of cards that in the past we never would have dreamed of grading or buying graded. Do we go back to that or does someone else take up the slack. |
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They seem to be getting getting submissions back very fast right now. Anybody have any guesses on if it is because they are doing a great job or just getting WAY WAY less submissions than everyone else. |
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Follow the genius brand marketing of 1980s Coca-Cola. You could get your vintage graded quickly and the guys trying to flip PSA 10s of 2020 Anthony Rendon base cards would still have a wait. |
Any thoughts if the current crazy market prices might be pushed even higher for PSA stuff in general ? I'm gonna hesitantly say, yes.
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Higher End Vintage Super Stars 6-8 will Dominate |
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New is going to stay a overpriced game of hot potato. After we all get out of the house the insanely overpriced vintage will drop back to before the Covid run up in prices. Except Mantle, he will remain extremely overpriced. |
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I think there is too much cash in the system and I also think social media has made card collecting cool again. |
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Well, I guess that solves my problem about having a couple packs graded...
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Is there another business out there that actively and consciously shuts its doors to more customers / sales?
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This is a positive for the collector of non-graded raw cards, they will become more affordable. Why? Because there is now less upside potential for someone to score with grading a card bought raw. Raw Card Prices should become more affordable.
PSA, it is my belief, 100% is making the right move here. |
Since I have done a few bulk subs to help out the members here at Net54, I figure I will add my two cents worth. This move was LONG OVERDUE!!! I have a sub outstanding since LAST AUGUST!!!! Let that sink in. Having member wait almost a year to get their cards back is unheard of. I hope this will help clear up their backlog some. I was only going to sub under quarterly specials anyway, as I think the $20 price point to get a card graded in ENTIRELY too high. Unless you hold one of those recent "lottery winners", it makes no sense.
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I was just about to put in a bulk sub on April 1st, I was just waiting to see the new quarterly specials:rolleyes:
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no more quarterly specials
Looks like quarterly specials are now shut down as well. I guess it works out well, since I am still waiting on submissions from last June, as well as a couple of others. Maybe by fall turnaround times will get back to "normal", it will be interesting to see if pricing follows suit!
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Agree I expect higher pricing for grading when things open back up. Totally understandable and acceptable to me. |
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Re: PSA has stopped accepting submissions
362 new employees in the last 14 months. Wonder how many of them can spot a fake or altered card or tell the difference between an e120 and a w573.
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A month or so ago I sent an e-mail to SGC suggesting that it establish an on-site grading service whereby a team of employees would travel to major cities and grade cards on the spot (or maybe with a one-day layover, whatever). My thinking was that there are likely many collectors like myself who wish to have cards graded but would prefer not to have to send them off and then wait a substantial period for their return. I received no response.
I now wonder whether this suspension by PSA doesn't offer an opportunity for SGC (or Beckett or someone else) to institute, or test out, such a service and thereby increase revenues or maybe even grab a portion of PSA's market share. |
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Rich |
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To answer Ed's question above, 0 graders will know the difference between an E120 and W573. They look the same on the front, ya know... |
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Rich |
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