What would happen if PSA went out of business?

[BeanTown]

"IF" PSA went out then they would sell off their assets or their assets would be sold through a bankruptcy court. Agreed the registry is valuable and because it is set up like a scoreboard for collectors, I do not see that going away anytime soon,no matter who owns it.

As long as there is a scoreboard (registry) I do not see prices dropping. I've been collecting cards since the "Dead Sea" was only sick. I have never submitted a card to be graded. The only time my cards get graded is when they are consigned to an auction house and they send them off.

The last thing any collector wants to do is pay good money to have all their cards graded and then when the time comes to sell them, that grading company might not be the best one to realize the best gain. Just think if people rushed out to use "PRO" 15 years ago.

Sure PSA, SGC,and Beckett are the main ones in our hobby now, but who knows what the future will be. There are some big coin grading companies out there and what if they want to come into the card market! They hire away the best graders and take it to a higher level.

Best way to maximize profits is to have your cards graded by the best company for that issue at that time. So for now I will keep the cards in Mylar sleeves and then in top holders. Last thing I ever want to do is to break cards out of graded holders to cross them over.