PSA has stopped accepting submissions

[Tyruscobb]

Originally Posted by Johnny630

https://gosgc.com/update-20210401?fb...Xe6-kH_7V9UFlI

I called it above

Surely, this is an April Fools' joke. $75.00 a card?

Edit: No, it is now legitimately $75.00 a card.

Wow - just a 400% increase from the $15.00 a card just a month ago. I'm in the wrong business!

[36GoudeyMan]

We know that PSA cannot reliably detect trimming. The stories here and elsewhere demonstrate that beyond any real argument. Yet there is such a demand for PSA grading, despite its demonstrated unreliability, that they have to close their doors to new business.

SGC rolls out its "new" website, kills its Registry (such as it was, at least you could somewhat track your own inventory), and, after ceremoniously announcing it was largely caught up with demand, jacks its prices up 200% immediately after PSA announces its temporary shuttered doors.

Beckett seems to have no traction in the graded pre-war card market (not sure, I don't follow BVG or Beckett on eBay).

CSG is a new kid on the block with some pedigree, but seems not to be able yet to grade anything after 1980 all that well. Yet. Its prices fetched seem to reflect the market not the quality of their work, but we'll see.

Submitting anything but reliably high-value cards is now out of reach. People like me, who don't rip open boxes of shiny new basketball cards from boxes snuck out the back of WalMart are left pretty much with nowhere to turn.

COVID or none, the card collecting marketplace has now, I think, been irretrievably changed, and not for the better. On top of all the other losses and disappointments of the last year, the adverse changes to the hobby I've loved for over 50 years is truly disheartening.

[bnorth]

Originally Posted by Tyruscobb

Surely, this is an April Fools' joke. $75.00 a card?

Edit: No, it is now legitimately $75.00 a card.

Wow - just a 400% increase from the $15.00 a card just a month ago. I'm in the wrong business!

So has anyone actually started a submission today to see if it is a company trying to be funny with a April fools joke?

If not good for them if they can get a minimum of $75 a card. Raising the prices makes way more sense that hiring/training a bunch of people they will just have to lay off once all the new investors/collectors drop the hobby like a hot rock when they return to normal activities.

[Rich Klein]

Originally Posted by bnorth

So has anyone actually started a submission today to see if it is a company trying to be funny with a April fools joke?

If not good for them if they can get a minimum of $75 a card. Raising the prices makes way more sense that hiring/training a bunch of people they will just have to lay off once all the new investors/collectors drop the hobby like a hot rock when they return to normal activities.

I hear this is NOT an April Fools joke but a real response.

Rich

[bnorth]

Originally Posted by Rich Klein

I hear this is NOT an April Fools joke but a real response.

Rich

Thanks for the confirmation Rich.

I was going to start a sub to see if it was a joke or not. Then they asked for my password and it has been so long since my last sub I couldn't remember it.

[GasHouseGang]

PSA announced today that they have stopped grading cards and will now just sell the sealed slabs with grades attached. Joe Orlando stated, “Here at PSA, we began to realize that the real value is in the PSA slab itself, and it doesn’t really matter what card is in the slab. Plus, grading cards is really difficult and very time consuming. We were falling behind in grading our submissions, so we finally decided to stop grading cards. I mean really, what’s the point?”

“From now on going forward, our customers can order a slab with a card identifier and grade they would like. So say you always wanted a 1952 Topps Mickey Mantle in a PSA 6 slab, just order the slab you want! Now you don’t have to wade through those giant auction catalogs any longer looking for that elusive PSA slab you need. Just order it directly from PSA! We are currently working out the pricing, and basing it on the latest completed auctions for cards sold in our PSA slabs. Look for a price list to come out soon.”

APRIL FOOLS! (I hope)

[bnorth]

Originally Posted by GasHouseGang

PSA announced today that they have stopped grading cards and will now just sell the sealed slabs with grades attached. Joe Orlando stated, “Here at PSA, we began to realize that the real value is in the PSA slab itself, and it doesn’t really matter what card is in the slab. Plus, grading cards is really difficult and very time consuming. We were falling behind in grading our submissions, so we finally decided to stop grading cards. I mean really, what’s the point?”

“From now on going forward, our customers can order a slab with a card identifier and grade they would like. So say you always wanted a 1952 Topps Mickey Mantle in a PSA 6 slab, just order the slab you want! Now you don’t have to wade through those giant auction catalogs any longer looking for that elusive PSA slab you need. Just order it directly from PSA! We are currently working out the pricing, and basing it on the latest completed auctions for cards sold in our PSA slabs. Look for a price list to come out soon.”

APRIL FOOLS! (I hope)

That is funny. I remember when a very similar thing was said about GAI. They would send you the slab, flip, and slab sealer so you could slab your own card. When done you would put the sealer back in the box and mark it "wrong address return to sender" to save on shipping.