Wow psa blowing away competitors

[Johnny630]

PSA sells for the most so PSA gets the most submissions.

[jamest206]

Bottom line-my 10 year old nephew thinks PSA is part of the card company. They have already won, even though I love SGC slabs, the common joe being my brother and 10 year old kid know PSA and nothing else. It has to be PSA for Christmas.

[raulus]

Not to be a serious hater, but how many of those items graded in September 2022 by PSA were submitted before they shut it down during the pandemic? Some portion of this could just be getting through the backlog…

[BobC]

Originally Posted by raulus

Not to be a serious hater, but how many of those items graded in September 2022 by PSA were submitted before they shut it down during the pandemic? Some portion of this could just be getting through the backlog…

You're not being a hater, that is exactly what I was saying and asked about back in post #6.

They still do a ton more business than all the other TPGs put together it seems, primarily because as has already been stated in various posts, everything else being equal, PSA graded cards will typically sell for more money than similar cards graded by any of the other TPGs. And since the hobby is turning more and more into a true investment/business vehicle every day that passes by, that additional profit margin/potential is impossible to ignore for a major portion of the hobby community. Our overall views and opinions as primarily big-time pre-war (and vintage) collectors here on Net54 are most certainly not representative of the majority of the people now involved in the hobby. Today you don't have kids collecting pop bottles anymore to take and turn in at the local corner store for the deposit money, and then use that money to buy a pack of baseball cards and stick of gum. We're definitely not in Kansas anymore. LOL

[Vintagedeputy]

I’ve been submitting cards to SGC for 20+ years now and can’t understand why anyone would use another company, but to each his own.

[EldoEsq]

Originally Posted by Vintagedeputy

I’ve been submitting cards to SGC for 20+ years now and can’t understand why anyone would use another company, but to each his own.

You seriously, honestly can't understand why anyone would use another company. You can't think of ANY reason. Not one.

Ok.

Sent from my SM-S906U using Tapatalk

[Johnny630]

Originally Posted by Vintagedeputy

I’ve been submitting cards to SGC for 20+ years now and can’t understand why anyone would use another company, but to each his own.

PSA sells for more, that's one reason.

[raulus]

Originally Posted by BobC

You're not being a hater, that is exactly what I was saying and asked about back in post #6.

I guess great minds think alike.

I’m guessing that once we start adjusting for stuff, it might not be quite as dramatic. I wouldn’t be surprised if 50% or more of the PSA volume was getting through their backlog. At one point a few months ago they announced that 85% of their capacity was dedicated to the backlog. I’m sure it has come down by now, but finally getting around to grading stuff that has been waiting on your desk for over a year seems like it’s maybe a bit of false bravado.

As others have noted, some portion of the items are also going to be non sport items, like garbage pail kids and Pokémon cards, and I guess Funko Pops, whatever those are…

My suspicion is that a good chunk of PSA’s action is in these items, and that’s before we even start talking about adjusting for other sports like basketball football soccer etc. Many of which seem to be picking up of late.

All of which is a long way of suggesting that the top line numbers probably obfuscate as much as they reveal in terms of real dominance in our market. Particularly if you define our market as simply the areas that this group primarily cares about.

[brianp-beme]

I saw the title and my brain instantly translated it to "PSA blowing off customers"

brianp(arker)-beme

[rats60]

PSA is grading 1.083 million cards because the have the capacity to. They have invested in their business so they can grade that many cards because the demand is there. I don't see that changing in the near term. Their bulk pricing is 18, it was 10 with specials at 8 before the pandemic. There are people holding cards waiting for PSA's pricing to go lower. PSA will continue to adjust their prices to keep operating at these levels.

[BobC]

Originally Posted by raulus

I guess great minds think alike.

I’m guessing that once we start adjusting for stuff, it might not be quite as dramatic. I wouldn’t be surprised if 50% or more of the PSA volume was getting through their backlog. At one point a few months ago they announced that 85% of their capacity was dedicated to the backlog. I’m sure it has come down by now, but finally getting around to grading stuff that has been waiting on your desk for over a year seems like it’s maybe a bit of false bravado.

As others have noted, some portion of the items are also going to be non sport items, like garbage pail kids and Pokémon cards, and I guess Funko Pops, whatever those are…

My suspicion is that a good chunk of PSA’s action is in these items, and that’s before we even start talking about adjusting for other sports like basketball football soccer etc. Many of which seem to be picking up of late.

All of which is a long way of suggesting that the top line numbers probably obfuscate as much as they reveal in terms of real dominance in our market. Particularly if you define our market as simply the areas that this group primarily cares about.

All great points.

And notice how of everyone looking at this thread, the two CPAs are apparently the only ones noticing and possibly questioning the true nature of theses figures for PSA. That's what happens when you are professional skeptics like us when it comes to numbers. LOL

Would love to see more breakdowns and better info behind all these TPG figures though, on a monthly basis over a period of time. Then we might be able to get a better insight into what is happening.