PSA apparently doesn't want to grade coins/pins anymore

[BobC]

Originally Posted by sflayank

All pins coins..post war pre war
Psa has the holders as they are pcgs....they've had coin holders much longer than card holders
Looks like they just don't want to bother anymore except for expensive ones

Thanks Larry,

it definitely sounds like this is some kind if business decision to possibly cut costs, while raising income, for some things they otherwise don't make much money at. Kind of like when a chain store or restaurant may close down the unprofitable locations, after maybe having tried jacking prices up to make them more profitable first.

And since it seems no other TPGs are really grading pins or coins at all, what is a collector going to do, take all their business elsewhere?

[Shemp]

Capitalist system, no competitor..... sounds like a perfect jack up the price opportunity.

[sflayank]

I posted their response
Short of graders short of researchers short of sealers
Bottom line. GREED

[perezfan]

Good riddance. The Pin slabs look horrible and graded pins' prices are so ridiculously jacked up, I would never buy anything but a raw one anyway.

Check out ebay, if you haven't seen the price disparity between graded and raw Pins. It's a joke.

[BobC]

Originally Posted by perezfan

Good riddance. The Pin slabs look horrible and graded pins' prices are so ridiculously jacked up, I would never buy anything but a raw one anyway.

Check out ebay, if you haven't seen the price disparity between graded and raw Pins. It's a joke.

+1

[steve B]

At first I thought they were just bringing it even with PCGS prices, but looking them up.... Not at all, PCGS is actually reasonable.

I wonder if PCGS would grade some of the coins?

[BobC]

Originally Posted by steve B

At first I thought they were just bringing it even with PCGS prices, but looking them up.... Not at all, PCGS is actually reasonable.

I wonder if PCGS would grade some of the coins?

I would guess not as that is definitely not in their wheelhouse. And can't see them possibly getting enough submission to ever make it worthwhile for them to ever even think about it.