Quote:
Originally Posted by sportsnut25
Interesting tidbit from the release, which essentially blamed PSA's stoppage on the hike: "Over the last 24 hours, the number of cards submitted to SGC for grading has increased by over 500%."
Good news is this is, supposedly, temporary:
"Our entire team cares about how you’re feeling and we know that this means we will be 'pricing out' a large group of cards. Please understand that this is temporary and we will continue to build at an unmatched rate. Although I cannot pinpoint exactly when it will take place, SGC will be lowering our prices as soon as we feel we can effectively meet the demand."
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From their actions I surmise PSA believes they have a stranglehold on the market - a "service" that people are willing to just wait indefinitey for. Clearly if SGC's submissions went up 500% overnight, not as many "loyal" customers as PSA might believe. Really hope SGC can ramp up and capitalize on what might be a once in the company's lifetime opportunity.