Video: Examining PSA's Grading Practices

[SOX75]

Thanks for the responses guys.

Sean, I agree with what you said and it's something that my buddy Vince mentioned to me...that these 10 commons could be a giveback to collectors since the stakes are much lower.

A number of commenters on the video believe that the common grading is skewed because collectors are only going to send those in if they believe they are nearly guaranteed a 10. I think this is overstating it because no one can predict what PSA is going to do with any submission.

Ultimately I don't know how to test if PSA is being too easy on commons. What's been helpful to me is comparing the key cards to a 3rd group: the other HOF cards in that set. They share more features with the key cards in that they have higher submission rates and they are submitted as borderline 8/9's vs borderline 9/10's as commons might be.

And you can see in the data than in nearly every case these key cards still have higher 9:10 ratios than the HOF'ers too.

In terms of resolving if PSA is too easy on the commons, perhaps the only way would be to do a content analysis and look at these 10's and see if they really are 10's. There just aren't enough photos/sales of these cards out there to really even do that. It's a mystery at this point.

Thanks for the comments!

[Baseballcrazy62]

I have always thought tha PSA grades the player and not the card. FWIW.

[SAllen2556]

Great Work! And yet....

PSA and PSA/DNA business set another quarterly revenue record at $8.1 million for October-December 2019, surpassing last year’s Q2 revenue by approximately $2.1 million.

https://www.sportscollectorsdaily.co...trading-cards/

[Republicaninmass]

Where are all those people shorting the company stock? I think its doubled since.

[mintacular]

I liked this video because it confirms what I already knew which is that there really is no discernible difference between many 9, 9.5s and 10s.

To spend big $ on 80s to modern cards in a "10" is foolish. Once collectors catch on to this 10 card prices will crater

[Phil68]

Originally Posted by mintacular

I liked this video because it confirms what I already knew which is that there really is no discernible difference between many 9, 9.5s and 10s.

To spend big $ on 80s to modern cards in a "10" is foolish. Once collectors catch on to this 10 card prices will crater

I agree with the first notion that there is often no discernible difference between a nice 9 and a 10.

I completely disagree that purchasing them is foolish (assuming we're talking monetarily)
The prices will continue to climb while 9s will never appreciate. The collecting community, as a whole, is remarkably stupid. As such, "catching on" is something they are incapable of.

People are STILL giving PSA money and a swarmy plastic knucklehead like Joe Orlando still has a job and is regarded as an "expert"....and "The View" is still on television...and people WATCH IT!

[Phil68]

Fantastic work on the video!