PSA has eliminated their "Monthly Specials"

[Republicaninmass]

I have to ask an opinion here. They did this big "move" and specials and turn around times have gotten worse! Also, quarterly profits are in the toilet. Any chance they may have downsized? I'd imagine it would be in their quarterly reports in overhead reduction of some sorts. It's just beyond me how they made this huge stride, and things seem slower than ever. I guess we shall see, since they are a public company, how much grading had increased.

[swarmee]

I don't think that's it. They are still slammed right now because Aug 1 they changed their bulk submission prices from $7 to $8 a card for orders over 100. Everyone and their mom sent in a submission to beat that deadline, and they are still digging out from under it. Until then, everyone had been holding bulk commons for the last year and a half waiting for a monthly special to reduce pricing to $5-6 per card. Once the bulk pricing increase was announced, people who were holding out hope for a return to cheaper grading prices gave up that hope.
Heck, BGS still can't dig out of all of their "nonguaranteed" orders picked up at and after the 2017 National. Most of those orders took one year to complete and mail back to the owners of their cards. You would think that having to pay for card grading a year before getting them back in your hands would hurt their nonguaranteed business, but the delays are still approximately a year on that service. At least PSA doesn't charge you until the cards have been graded.

[Republicaninmass]

Hi John!

In the first one to bang the drum of PSA and their grading...but

THE TRUTH IS OUT THERE!

As a holder of CLTC stock, hoping they outperform on Tuesday!

[Yastrzemski Sports]

I was told that a big part of their large surge in business has been from the gaming market - Pokémon, Yogioh, Magic. I would think business is great for them.

[frankbmd]

I’ve never submitted a card to PSA. Yogi told me that nobody submits there anymore, because they’re too crowded.

There ought to be a way to fix a mouse trap, if your only problem is too many mice. Logistics

Eliminate centering from the grading criteria. It’s the one factor that can be easily seen with the naked eye. Centering fanatics don’t seem to care about the numerical grade anyway.

Eliminate electron microscopy from the grading criteria. It only finds flaws that cannot be seen with the naked eye, so what difference does it make anyway.

The minimum wage increases are killing the bottom line. This is an easy one.

”ROBOT GRADERS”

[mantlefan]

Dr. Franks think alike!!

Robotic grading would solve a lot of their problems.

Scan for centering, corners, print dots, color, trimming, paper loss etc... and eliminate the human element. The startup costs would be significant, but bringing consistency to grading would be groundbreaking. Grading tens of thousands of cards a day would eliminate the wait times and bring TPG's into the 21st Century.

[bnorth]

Originally Posted by mantlefan

Dr. Franks think alike!!

Robotic grading would solve a lot of their problems.

Scan for centering, corners, print dots, color, trimming, paper loss etc... and eliminate the human element. The startup costs would be significant, but bringing consistency to grading would be groundbreaking. Grading tens of thousands of cards a day would eliminate the wait times and bring TPG's into the 21st Century.

The only problem is they would lose a ton of business. Now they get to grade the same card more than once because of their inconsistency. A computer system that gives the cards the exact same grade every time would cost them a ton of cash in the long run. That is my take on the situation.

[swarmee]

Originally Posted by Republicaninmass

As a holder of CLTC stock, hoping they outperform on Tuesday!

According to their publicity during their last quarter, their coin grading segment is the one that is underperforming. The fact that they won't give a discount to the $8 bulk to orders of 5,000 cards is kind of proof that they've got all the card business they can handle.
If you want to rumor monger that they've actually cut their throughput, make sure to wear your tin foil hat while doing it.

[glynparson]

Psa is not down. Clct may be down due to coins. But psa has not downsized they are in fact looking to hire they are doing the exact opposite of downsizing. I can not speak about the coin operation but I can assure people cards are not a problem at clct. The card division is actually moving into the coin divisions area. They have actually gotten the entering process worked out pretty well now. They just need more graders and they aren’t a dime a dozen. Now is your chance if you are qualified and live near Newport Beach give them a call if being a grader sounds intriguing to you. The surge is partially due to gaming cards and a large increase in Asian markets particularly japan and China along with a somewhat renewed push in modern grading of sports cards.

[itslarry]

Originally Posted by glynparson

Psa is not down. Clct may be down due to coins. But psa has not downsized they are in fact looking to hire they are doing the exact opposite of downsizing. I can not speak about the coin operation but I can assure people cards are not a problem at clct. The card division is actually moving into the coin divisions area. They have actually gotten the entering process worked out pretty well now. They just need more graders and they aren’t a dime a dozen. Now is your chance if you are qualified and live near Newport Beach give them a call if being a grader sounds intriguing to you. The surge is partially due to gaming cards and a large increase in Asian markets particularly japan and China along with a somewhat renewed push in modern grading of sports cards.

$12 an hour
Why ant they find qualified graders?
Hmmmm

[swarmee]

https://forums.collectors.com/discus...rnaround-times
Just posted to PSA's message board.