A thought on older psa graded commons.

[bobbyw8469]

Originally Posted by iwantitiwinit

I've been thinking about this for a bit and wanted others opinions. Since it has now become cost prohibitive to have commons graded by PSA (let's say pre-1977 for argument sale) and since individuals still seek to complete set registry's with all cards for a particular year, wouldn't it make sense that eventually there will be a scarcity of graded commons. Eventually, existing commons that have been previously graded should have a spike in value. That as long as the number of sets registered increases there will be demand for those commons and they should have a premium.

I wish that were the case. I have not noticed such a spike.

[Hordfest]

It's very frustrating. I have a ton of beautiful 1936 Goudey Wide Pen Type 1s that I can't justify grading even though they would be potentially Population 1 5-6 range because they are commons and grading is so insane.

[ullmandds]

not sure about this strategy esp in light of many collectors wanting newer PSA slabs?

[bounce]

A "spike" is unlikely, a steady slow increase over time makes some sense at certain grade levels (I would say PSA 5+ for 50s and PSA 7+ for 60s and later)

PSA likely gets back to $25 grading at some point, so might consider using that as an implied floor at some point, but there are still lots of nice looking commons for registry sets that can be had for less than that obviously

[Dandor]

Originally Posted by bounce

A "spike" is unlikely, a steady slow increase over time makes some sense at certain grade levels (I would say PSA 5+ for 50s and PSA 7+ for 60s and later)

PSA likely gets back to $25 grading at some point, so might consider using that as an implied floor at some point, but there are still lots of nice looking commons for registry sets that can be had for less than that obviously

PSA will be back to $25 in 4 months and $15 early next year. This is happening very soon and we will have great collectors club specials and bulk in 2023. PSA graded 1 million cards in March and only 150,000 were new submissions. Once the backlog is done, PSA will need over 1 million cards per month to be submitted. Just be patient and you can get your vintage commons graded much sooner than you think!

[bobbyw8469]

Originally Posted by Dandor

PSA will be back to $25 in 4 months and $15 early next year. This is happening very soon and we will have great collectors club specials and bulk in 2023. PSA graded 1 million cards in March and only 150,000 were new submissions. Once the backlog is done, PSA will need over 1 million cards per month to be submitted. Just be patient and you can get your vintage commons graded much sooner than you think!

I concur.

[rand1com]

Originally Posted by Dandor

PSA will be back to $25 in 4 months and $15 early next year. This is happening very soon and we will have great collectors club specials and bulk in 2023. PSA graded 1 million cards in March and only 150,000 were new submissions. Once the backlog is done, PSA will need over 1 million cards per month to be submitted. Just be patient and you can get your vintage commons graded much sooner than you think!

No chance IMO.

They are still a year behind in most of the bulk categories. They currently are allowing very limited action at the $50 level. If they opened up the $50 level to unlimited submissions, they would be overwhelmed.

They may get to $25 at some point in time but not in 4 months.

There is too much demand for their service to ever go back to a $15 level IMO.

So, in late August we can revisit this post and see who is right.

[ncinin]

I may be wrong but I think recently I read or saw on YouTube an interview with Nat Turner where he said the $20 service levels are most likely not ever returning.

[glynparson]

Originally Posted by rand1com

No chance IMO.

They are still a year behind in most of the bulk categories. They currently are allowing very limited action at the $50 level. If they opened up the $50 level to unlimited submissions, they would be overwhelmed.

They may get to $25 at some point in time but not in 4 months.

There is too much demand for their service to ever go back to a $15 level IMO.

So, in late August we can revisit this post and see who is right.

The time frame may be slightly off but it will happen and there are people who have unlimited submission capability now at below $50.