PSA vs. SCG -- Discount Valuation

[Archive]

Posted By: Tom Nieves

http://www.psacard.com/articles/article_view.chtml?artid=5212&universeid=314

How to Submit Previously Graded PSA Cards

Previously graded PSA cards should be submitted just like ungraded submissions with the only exception being that they be submitted on a separate form, much like crossovers or Tall Boys. They must also be separated by service level. Again, just like a normal PSA submission.

In addition, the cards must be submitted at the level of their declared value. Since the cards are already graded by PSA, this process should be even easier than with ungraded cards. Furthermore, keep in mind that we are not looking to charge any submitter for what they think a card might receive (the value after the half-point increase). We simply want the submitter to pay the appropriate fee based on the current status and value of the card.

For example, if you submit a 1955 Topps Sandy Koufax in PSA NM-MT 8, we would require that the card be submitted at the $60 Super Express level (cards with a declared value of $1,000-$2,499) even though the card will most certainly be worth significantly more (placing the card at the $100 Walk-Thru service level) if the card receives the half-point bump. PSA is charging the customer based on the current state of the card, not what the outcome might be.

Last but not least, remember that cards submitted under this program will never be in jeopardy of going down in grade. So, the only risk in submitting cards under this new program would be the cost of the submission since there is no guarantee that the cards will reach the higher, half-point grade. In other words, cards submitted under this service will always be returned to the customer, at minimum, in the same grade they arrived in.