PSA by the numbers (Jan 2022)

BobbyStrawberry · #1 02-14-2022, 03:55 PM

Quote:

Originally Posted by Peter_Spaeth

I have read their backlog is still �. wait for it... 6 million.

And they put out charts like this as if to say, "look what a great job we're doing for our customers!" 🤣

Rich Klein · #2 02-15-2022, 10:04 AM

I'm not as good as math as I should be nor do I have any way of saying this other than instinct but,...

for those who were hoping for $20-25 submission prices in 2022 think again. With the shows PSA will be setting up at (For example Long Beach this weekend) and the cards which are submitted from members of their club (not even counting group submissions) so.,.

It will be at least till January of 2023 if not later before we see some return to normalcy for PSA. At least we can guesstimate from all the information but that's just my supposition.

Rich

Dead-Ball-Hitter · #3 02-15-2022, 10:45 AM

Quote:

Originally Posted by Rich Klein

I'm not as good as math as I should be nor do I have any way of saying this other than instinct but,...

for those who were hoping for $20-25 submission prices in 2022 think again. With the shows PSA will be setting up at (For example Long Beach this weekend) and the cards which are submitted from members of their club (not even counting group submissions) so.,.

It will be at least till January of 2023 if not later before we see some return to normalcy for PSA. At least we can guesstimate from all the information but that's just my supposition.

Rich

Rich, no fears, I just reviewed a copy of PSA's strategy to reduce the backlog to SOP in 60 days. Here's the highlights:

-1 Install a random number generator that spits out grades on a PSA label by simply pulling down an arm, much like a slot machine. No review of the actual card will be needed. Statistics from the test showed that the grade output is within a single grade of a card graded by a trained professional 58% of the time - good enough for PSA!

-2 Hire a trained chimp named "Alfie" to box all shipments immediately after slabbing. His match up rate of customer-to-order is an astounding 44%, or about a 10% improvement over current processes.

-3 Eliminate the QA process. PSA customer polling reveals that most customers don't mind a stray hair or dust bunny being slabbed with their $5,000 card. Also, revenue is forecasted to increase 8%, given that many "picky" customers will pay for a reslab.

What an amazing business plan PSA!!! Thank God Joe Orlando "retired." Now you can really get some things done!

Johnny630 · #4 02-15-2022, 01:34 PM

This shows that PSA is dominating. No other TPG is close in their profits it's amazing!

Ronnie73 · #5 02-17-2022, 01:02 PM

There's a guy on YouTube that follows the actual population numbers each week for all the categories and gives you a grand total also. His YouTube name is Retro Hoop Collectibles. Those numbers are more accurate.

JollyElm · #6 02-17-2022, 04:42 PM

Nothing matters until we finally get our godd*mn 'Swinging Sixties' group sub back. It's gotten to the point where we had to give Bobby our next of kin info, because some of us will no longer be alive when the cards are returned.

doug.goodman · #7 02-17-2022, 06:03 PM

I know that you all consider me "snarky anti grader guy", and I won't deny it, but..

Serious question :

Does anybody have any idea how many opinion givers work at everybody's favorite opinion seller?

You guys talk about hundreds of thousands if not millions of slabs, isn't anybody curious about the time spent on an individual card? Time that changes the value of the card exponentially?

Doug

Tyruscobb · #8 02-17-2022, 06:31 PM

Quote:

Originally Posted by JollyElm

Nothing matters until we finally get our godd*mn 'Swinging Sixties' group sub back. It's gotten to the point where we had to give Bobby our next of kin info, because some of us will no longer be alive when the cards are returned.

My blood boiled when I learned PSA is performing in-person grading at certain shows. The national is one thing, but PSA has had our cards almost a year now, and some jack wagon at a regional show, willing to pay a highway robbery amount, jumps ahead of us all.

Shows how much PSA cares about the backlogged customers. The $15.00 a card, true-collector, guy continue waiting while the ultra modern $150.00 a card flipper gets ushered to the front of the line. PSA is probably grading cards at these regional shows that were manufactured and printed after it received our submission. Think about that!

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