Quote:
Originally Posted by D. Bergin
Is it possible that the registry idea is proprietary to PSA (or their lawyers are at least pushing that narrative), and that is the reason none of the other TPG's have followed in those footsteps?
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SGC had one - it just wasn't very user friendly.
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.