PSA will still grade the cards. The value once they're graded allows PSA to upcharge to the service level those cards now would require to cover return shipping insurance. So PSA reserves the right to upcharge, and because they track graded card sales on eBay with their Auction Prices Realized tool, they may contact the submitter and say that 16 cards now require upgrading to Regular service level, and they might charge Bobby $20-50/card now for those 16. It all depends on what they want to do.
Bobby would then reach out to the owner and let them know they'll need to add more money to their return shipping to cover the costs of the upgrade.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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