Psa - regular submission are back

[bobbyw8469]

Originally Posted by cammb

When was that, 2010?

It has been awhile. It was enough to sour me. The gap hasn't improved.

[Republicaninmass]

I've just been sucking up the 150, or selling cards raw. I likely have a few upgrades for my sets, but cant even justify $20 a card

[metroac]

Could someone help me understand what PSA is doing? At $100 per card, aren't they killing their own set registry? Who is going to work on putting together (or continuing to pursue) graded sets? Maybe this is not so much an issue for pre-WWII collectors as for more modern sets. It would seem, though, that you could could have your Aaron and Banks rookies graded, but you're never going to spend $100 to have a "common" card graded unless you're pretty sure it's an 8 or a 9. Then, when it comes back a 5 or a 6, you're SOL and out your c-note.

Are they telling us they only want to grade cards worth north of $1500? Are they thinking, "If I charge ten times what I used to charge for my service, I only have to do one-tenth the work to make the same money"? I'm sure I'm missing something here, but I honestly don't get it. Are they just targeting high-end collectors as their future customer base?

[chadeast]

Originally Posted by metroac

Could someone help me understand what PSA is doing? At $100 per card, aren't they killing their own set registry? Who is going to work on putting together (or continuing to pursue) graded sets?

Yes, they are killing the registry. I see a lot of posts claiming that the registry is still the key to PSA's success, but the truth is that they've abandoned it with these prices, as they've decided that they don't need it to succeed. And they don't, not for now. I've posted many times over the past year about how these prices will kill graded set collecting if they don't drop dramatically. I'm thinking that PSA thinks that this is OK, and that they no longer need the registry. But I wonder what their new army of graders and infrastructure is going to be grading when this current bubble finally pops. When they get back to $10/card grading in an effort to bring the registry back to life, there may very well be few if any graded set collectors left.

[japhi]

Set builders haven't been PSA's bread and butter for a long time. Think that ship sailed 5-7 years ago.

Originally Posted by metroac

Could someone help me understand what PSA is doing? At $100 per card, aren't they killing their own set registry? Who is going to work on putting together (or continuing to pursue) graded sets? Maybe this is not so much an issue for pre-WWII collectors as for more modern sets. It would seem, though, that you could could have your Aaron and Banks rookies graded, but you're never going to spend $100 to have a "common" card graded unless you're pretty sure it's an 8 or a 9. Then, when it comes back a 5 or a 6, you're SOL and out your c-note.

Are they telling us they only want to grade cards worth north of $1500? Are they thinking, "If I charge ten times what I used to charge for my service, I only have to do one-tenth the work to make the same money"? I'm sure I'm missing something here, but I honestly don't get it. Are they just targeting high-end collectors as their future customer base?

[hockeyhockey]

anyone get into the $50 special last week?

[bobbyw8469]

I have a 1940 complete Mutoscope raw set that I would LIKE to get graded. Obviously, that kills someone like me. And I'm not the only one.

[parkplace33]

Originally Posted by japhi

Set builders haven't been PSA's bread and butter for a long time. Think that ship sailed 5-7 years ago.

100 percent agree. The registry is not a priority.

[Johnny630]

Originally Posted by parkplace33

100 percent agree. The registry is not a priority.

Exactly if it was we would be right back where we were eight months ago them completely backlogged and shut down. I don’t want that. The registry I believe is alive and well there is plenty of product to buy out there for your registry sets already graded. It will be back in 10 or $15 a card just be patient the market always seems to work things out as always PSA is the market.

[Mike D.]

If you’re slowly starting to open up after being shut down by too many orders, of course you start slow and at higher price points. $100 regular is not the end game, but it’s a step on the path.

If they just opened up $12 bulk subs, they’d be shut down again in 48 hours.

I do wonder if we’ll see some temporary weirdness with 2022 RC’s selling for crazy (well, crazier) prices in PSA cases since it cost $100+ to get them graded.