PSA Economy – Ground Truth

[Johnny630]

Originally Posted by Peter_Spaeth

Logical points to be sure. Two things. One, I'm stunned so many people are sending in so many cards at these higher levels. Incredible. Where are all these (presumably) expensive cards to be worth $150 and up for grading coming from? Two, even if it might be rational to stop taking subs from the 4 Sharps of the world, I still suspect there is a back door here for dealers who have been that instrumental to the success of the company.

Peter I don't necessarily think that the cards being sent it are expensive. I feel it's the inflow of more people who have a ton of money that think of PSA cards as an investment tool/assest they don't care if its $250 or $150 a card, that's peanuts to them. They just want the cards back quick. PSA in terms of business decision, to me I feel is making all the right moves. The slow and steady tiered approach to lowered services levels is benefiting them.

[Peter_Spaeth]

Originally Posted by Johnny630

Peter I don't necessarily think that the cards being sent it are expensive. I feel it's the inflow of more people have a ton of money that think of PSA cards as an investment tool/assest they don't care if its $250 or $150 a card, that's peanuts to them.

Crazy if true lol.

[hcv123]

I suspect a lot of the subs are new/renewed collectors looking at their raw cards and thinking - "Holy $hit!" - mine is a 9 or 10 and well worth the $150 - $300 grading fee........I think most of us know the end of that story.

[53toppscollector]

The oversaturation of the market with parallels, autos and other hits also does present people with more possible cards to submit. At this point, most people aren't sending in base cards at $150 per card, but with 20+ parallels for every base card, plus inserts and autos, there are still cards that people will rationalize sending in at $150.