PSA has stopped accepting submissions

[Peter_Spaeth]

Originally Posted by bnorth

I agree they do a WAY better job from my personal experience.

They seem to be getting getting submissions back very fast right now. Anybody have any guesses on if it is because they are doing a great job or just getting WAY WAY less submissions than everyone else.

The overwhelming majority of PSA subs are modern stuff and mostly stuff not worth a hell of a lot. People are subbing to get 10s on cards that aren't worth shit raw. SGC isn't getting any of that.

[Johnny630]

Originally Posted by Peter_Spaeth

The overwhelming majority of PSA subs are modern stuff and mostly stuff not worth a hell of a lot. People are subbing to get 10s on cards that aren't worth shit raw. SGC isn't getting any of that.

+1

[Arazi4442]

Originally Posted by Peter_Spaeth

The overwhelming majority of PSA subs are modern stuff and mostly stuff not worth a hell of a lot. People are subbing to get 10s on cards that aren't worth shit raw. SGC isn't getting any of that.

PSA should just split into two branches. PSA Modern (anything less than 3 years old) and PSA Classic (everything else). I’ll bet the subs to PSA Modern would be 10 to 1 vs. Classic, then set prices and lead times accordingly.

Follow the genius brand marketing of 1980s Coca-Cola.

You could get your vintage graded quickly and the guys trying to flip PSA 10s of 2020 Anthony Rendon base cards would still have a wait.

[Touch'EmAll]

Any thoughts if the current crazy market prices might be pushed even higher for PSA stuff in general ? I'm gonna hesitantly say, yes.

[Johnny630]

Originally Posted by Peter_Spaeth

The overwhelming majority of PSA subs are modern stuff and mostly stuff not worth a hell of a lot. People are subbing to get 10s on cards that aren't worth shit raw. SGC isn't getting any of that.

Modern Garbage is going to Tank.

Higher End Vintage Super Stars 6-8 will Dominate

[bnorth]

Originally Posted by Johnny630

Modern Garbage is going to Tank.

Higher End Vintage Super Stars 6-8 will Dominate

My guess would be the opposite of this.

New is going to stay a overpriced game of hot potato.

After we all get out of the house the insanely overpriced vintage will drop back to before the Covid run up in prices. Except Mantle, he will remain extremely overpriced.

[sportscardpete]

Originally Posted by bnorth

My guess would be the opposite of this.

New is going to stay a overpriced game of hot potato.

After we all get out of the house the insanely overpriced vintage will drop back to before the Covid run up in prices. Except Mantle, he will remain extremely overpriced.

I’m not sure I buy this. You think everyone who entered the hobby leaves?

I think there is too much cash in the system and I also think social media has made card collecting cool again.

[bnorth]

Originally Posted by sportscardpete

I’m not sure I buy this. You think everyone who entered the hobby leaves?

I think there is too much cash in the system and I also think social media has made card collecting cool again.

Yes I do think they all leave when they can go back to the things they found to be way more fun before. I could be wrong and it would be far from the first time.

[Casey2296]

Originally Posted by sportscardpete

I’m not sure I buy this. You think everyone who entered the hobby leaves?

I think there is too much cash in the system and I also think social media has made card collecting cool again.

Agreed. Did you catch Barret-Jackson last week? Thursday and Friday usually pretty sedate, this year it was weekend prices from the get go, 75k cards going for 200k, the commentators were blown away. This isn't going to end until it ends badly.

[Exhibitman]

Originally Posted by Arazi4442

the guys trying to flip PSA 10s of 2020 Anthony Rendon base cards would still have a wait.

Who is "Anthony Rendon"?

[mark evans]

A month or so ago I sent an e-mail to SGC suggesting that it establish an on-site grading service whereby a team of employees would travel to major cities and grade cards on the spot (or maybe with a one-day layover, whatever). My thinking was that there are likely many collectors like myself who wish to have cards graded but would prefer not to have to send them off and then wait a substantial period for their return. I received no response.

I now wonder whether this suspension by PSA doesn't offer an opportunity for SGC (or Beckett or someone else) to institute, or test out, such a service and thereby increase revenues or maybe even grab a portion of PSA's market share.

[Rich Klein]

Originally Posted by mark evans

A month or so ago I sent an e-mail to SGC suggesting that it establish an on-site grading service whereby a team of employees would travel to major cities and grade cards on the spot (or maybe with a one-day layover, whatever). My thinking was that there are likely many collectors like myself who wish to have cards graded but would prefer not to have to send them off and then wait a substantial period for their return. I received no response.

I now wonder whether this suspension by PSA doesn't offer an opportunity for SGC (or Beckett or someone else) to institute, or test out, such a service and thereby increase revenues or maybe even grab a portion of PSA's market share.

I believe that was the original point of Beckett Raw Card Review. Your card would get graded but not encapsulated and then for a couple of extra dollars it could go to the home office for the encapsulation. That way, you knew the grade of the card and if anything occurred everyone was on the same page.

Rich

[bnorth]

Originally Posted by Rich Klein

I believe that was the original point of Beckett Raw Card Review. Your card would get graded but not encapsulated and then for a couple of extra dollars it could go to the home office for the encapsulation. That way, you knew the grade of the card and if anything occurred everyone was on the same page.

Rich

The Beckett raw card review was a complete joke. It was just an on site opinion that meant nothing other that a discount when they actually graded it. To be clear the grade on the Raw Card Review did not mean it was the grade they would give it when actually grading it.

[Rich Klein]

Originally Posted by bnorth

The Beckett raw card review was a complete joke. It was just an on site opinion that meant nothing other that a discount when they actually graded it. To be clear the grade on the Raw Card Review did not mean it was the grade they would give it when actually grading it.

Actually it was supposed to be the same grade.

Rich

[h2oya311]

Originally Posted by Exhibitman

Who is "Anthony Rendon"?

Adam - You do live in LA, right? Modern is clearly a four letter word to you.

[frankbmd]

I thought PSA was justifying their recent prices increases by including a side of BBQ with each order.

[Exhibitman]

Originally Posted by h2oya311

Adam - You do live in LA, right? Modern is clearly a four letter word to you.

So, an athlete?

[Touch'EmAll]

Interesting recent article - PSA claims Pokemon submissions have greatly affected their turnaround times. Pokemon Company says they can't print cards fast enough.

Yes, newer sports cards are overwhelming PSA, but Pokemon sounds like a huge contributing factor to the long delays.

[AGuinness]

I just can't see the logic that another grading company can take advantage of this. PSA gets higher prices because of its registry. People use PSA because they get higher prices due to the registry. I'm pretty sure that if people were willing to wait six months or so to get their cards back after being graded anyway, pausing submissions until July won't incentivize anyone to go to another TPG. There isn't another TPG that has remotely positioned themselves to taking advantage of this situation and PSA surely knows this.

[Arazi4442]

Originally Posted by Exhibitman

So, an athlete?

What if I had replaced Rendon with Teofimo Lopez, would that help?

[bobbyw8469]

I get exactly what Howard is saying. I still have a hard time pulling the trigger on SGC, when PSA brings sooooooooooooooooooooo much more money!!! Irregardless, sounds like all the Big Boys are gonna be charging AT MINIMUM, $20 per card to get stuff graded. I will wait and see if the quarterly specials resume. The swinging 60's was a good one.