PSA Economy – Ground Truth

[soxinseven]

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.

My guess is the majority of cards being graded express right now are modern issues. People spend outrageous amounts on unopened wax in the hopes of hitting autos of superstars or parallel/refractor cards of prospects that are worth thousands in PSA 9/10.

[parkplace33]

Thanks for all the responses, but no knowledge on what PSA will do.

I called PSA as well, but they couldn't give me any information. I will just wait and see.

[Snowman]

Originally Posted by parkplace33

Thanks for all the responses, but no knowledge on what PSA will do.

I called PSA as well, but they couldn't give me any information. I will just wait and see.

If you were hoping for some inside information or something, you are almost certainly not going to get it. They keep these decisions very tight lipped. When they shut down back in March, it was a shock to nearly everyone working at PSA, including executives. The best we can do is speculate. Sometimes Nat Turner gives subtle hints in interviews, but that's about as close as you're likely to get.