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#12
04-20-2022, 12:47 PM
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Grading is a supply and demand issue just like any service or good. Right now, because of backlogs, grading companies have the upper edge. PSA/SGC/CSG/BGS are taking in approximately 350,000 submissions every month. In October we will have 1.5 million submissions available every month. In 2023 it may be closer to 2 million a month with the big four and PSA with a second location. The market will dictate the price of grading. These companies all expanded and can't just fire graders. They invested in equipment, rental space, increased slab orders, etc... Of course, PSA wants to grade 1.5 million cards at $50 a piece. However, the hobby is not that strong right now. Most cards are down 50% from when the boom happened.
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