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FYSThe number of resubmittals to PSA distorts the NM and NM/MT numbers. I think one thing that would be hard for even Joe Orlando to disagree with is that SGC is more consistent & accurate. I would not say that SGC is really any harder overall, but I do see many more PSA WTF grades (both high and low). PSA consistency or lack thereof has really turned me off over time. The early serial numbers are over graded. The initial competition from SGC actually caused them to be more strict with their grading. Then the competition with BGS caused them to undergrade for a period. The competion with BGS has now carried into questionable ethical practices with much more prevelent Gem Mint grades. Particularly with the high volume submitters. During this period (last 2-3 years), PSA consistency has really wavered, which ties into the large number of resubmittals.
I wonder if PSA's inconsistency is really part of their business plan to create more revenue with resubmittals?