PSA's Unbelievable turnaround times are Horrible!

[Flintboy]

People can't wait to go give their money to PSA. What a stand up, honest, and reputable company. Have at it folks!

[perezfan]

Originally Posted by Flintboy

People can't wait to go give their money to PSA. What a stand up, honest, and reputable company. Have at it folks!

Mystifies me as well. The worse they perform, the greater the demand. Interesting business model.

I'm so thankful my collecting interests are not contingent upon this company's "blessing".

[Snapolit1]

PSA is drowing in modern cards. The case break industry is out of control. Many many people buy into these breaks looking for the next Kobe, Zion or Mahomes refractor or prizm card and rush it off for grading. A 10 on some of these cards is like hitting the lottery. Sure many of these guys break the card out over and over and keep submitting it. It's all about PSA 10 and Beckett Black label. It's not prewar that is overwhelming these guys but modern. A whole different game from what is being played here.

[Exhibitman]

Originally Posted by Snapolit1

A whole different game from what is being played here.

Not really. The only reasons to grade vintage cards with PSA despite all of the headaches and delays and high costs are to: (a) compete on their registry, or (b) make money on flipping the flip.

Like it or not, PSA sh**s money for submitters...that's the ballgame right there regardless of age of the cards. I sent in a raw beater Bill Russell RC worth about $600 and several months (and an upcharge) later I owned a PSA 1.5 worth $1100. Now worth $2000. And who is gonna pay top dollar for a 1952 Mantle or a 1958 Jim Brown if it isn't in one of those sacred plastic holders with the holy script numerical grade writ on the label?

[jchcollins]

Originally Posted by Exhibitman

Like it or not, PSA sh**s money for submitters...

I would agree it's about far more than modern PSA 10's.

[luciobar1980]

PSA is like the abusive partner you can't seem to leave.

[jamest206]

I didn't know anything and sent my first card to them over two months ago, and they are just now starting the grading and stuff. Maybe I will get it back next year.

[Usc1]

I was going to send a card in express. Wondering if I'll get it back in 15 days.

[bobbyw8469]

Originally Posted by Exhibitman

Not really. The only reasons to grade vintage cards with PSA despite all of the headaches and delays and high costs are to: (a) compete on their registry, or (b) make money on flipping the flip.

Like it or not, PSA sh**s money for submitters...that's the ballgame right there regardless of age of the cards. I sent in a raw beater Bill Russell RC worth about $600 and several months (and an upcharge) later I owned a PSA 1.5 worth $1100. Now worth $2000. And who is gonna pay top dollar for a 1952 Mantle or a 1958 Jim Brown if it isn't in one of those sacred plastic holders with the holy script numerical grade writ on the label?

This....and I can't get over how much it has EXPLODED!!! You are seeing cards that had a set price range FOREVER literally just BLOW UP!!! I would love to have some of my monsters back right about now.

[ZiggerZagger]

Originally Posted by perezfan

Mystifies me as well. The worse they perform, the greater the demand. Interesting business model.

I'm so thankful my collecting interests are not contingent upon this company's "blessing".

I'd suggest that it's more like, "the more money people make from grading their cards, the greater the demand."

When folks were making even more than usual by grading cards due to the increase in interest in the hobby this Spring, that led to an astronomical increase in submissions.

To each their own. 95% of my purchases are in the final form I want it -- either pre-graded or raw. But I also accumulate raw cards that will do well via TPG.
Tracking my own submissions, a historical return of 450% against costs is really hard to ignore. It allows me to increase value of my collection for those cards I hold, and generate funds for other purchases for those cards I don't want to keep. That is really valuable to those of us actively growing our collections. The wait times are what they are due to demand, as are the costs of grading.

There is no sense hating this game, even if the TPG players are typical greedy and intermittently unscrupulous corporations. Find me one that isn't
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[Jcosta19]

Originally Posted by ZiggerZagger

I'd suggest that it's more like, "the more money people make from grading their cards, the greater the demand."



When folks were making even more than usual by grading cards due to the increase in interest in the hobby this Spring, that led to an astronomical increase in submissions.



To each their own. 95% of my purchases are in the final form I want it -- either pre-graded or raw. But I also accumulate raw cards that will do well via TPG.

Tracking my own submissions, a historical return of 450% against costs is really hard to ignore. It allows me to increase value of my collection for those cards I hold, and generate funds for other purchases for those cards I don't want to keep. That is really valuable to those of us actively growing our collections. The wait times are what they are due to demand, as are the costs of grading.



There is no sense hating this game, even if the TPG players are typical greedy and intermittently unscrupulous corporations. Find me one that isn't

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+1
Well said

Sent from my SM-G960U using Tapatalk

[jchcollins]

PSA's turn times have been less than stellar for decades now, and only just passed the absurd threshold in this fabulous year 2020 and the $hitshow it's turned into. What's far sadder to me than PSA is the mess SGC found themselves in by being totally unprepared back early this summer, in saying "Send us your cards!" when in fact it should have been obvious much earlier that they were biting off way more then they could chew.

I like graded cards. More often that not, I buy graded and not raw vintage anymore online because of the peace of mind aspect, and they are of course much easier to move when / if it comes time to sell. But just for my PC, grading never has and never will be a hard requirement. I started collecting in the late 1980's. I know how to grade, and knew before TPG's were a thing. I have several upper midgrade Mantle cards and a few other odds and ends laying around that I envisioned sending off to SGC just for posterity's sake earlier in the year, but I can tell you now it just ain't happening for the foreseeable future. I know within a point or so what they would grade regardless, and I'd rather have the cards here in my PC (no plans to sell...) where I can enjoy them than off sitting in a box somewhere at a grader for a considerable portion of the year. Should I get in an unexpected bind where I truly do need to sell some bigger items, the $75 PSA or $100 SGC options will be there.

[campyfan39]

Agree wholeheartedly. "Grading" is really skewing the prices of cards and being "slabbed" takes away the beauty of the cards. The first thing your eye goes to is a number instead of the card itself.

I remember being at a show in the late 80's with my late father and there were some coin dealers at the show as well. I asked Dad what the numbers were on the coin cases and he told me about grading. He said, "They will never do that to baseball cards as it would ruin the hobby." He didn't live to see that his prediction was wrong...at least the first part of it.

Originally Posted by perezfan

Mystifies me as well. The worse they perform, the greater the demand. Interesting business model.

I'm so thankful my collecting interests are not contingent upon this company's "blessing".