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  #1  
Old 02-05-2018, 07:51 PM
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I very seriously doubt this will affect their level of submissions, or market share. Which is really the big takeaway here IMO.
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  #2  
Old 02-05-2018, 08:08 PM
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Mark Arentsen
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Default Bizzare

Bizzare...My PSA bulk 45 business day submission, which arrived at PSA on January 9th, just shipped out today. My other submissions, which were 5 day and 10 day have yet to be graded and shipped.
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  #3  
Old 02-05-2018, 08:15 PM
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Quote:
Originally Posted by pingman59 View Post
Bizzare...My PSA bulk 45 business day submission, which arrived at PSA on January 9th, just shipped out today. My other submissions, which were 5 day and 10 day have yet to be graded and shipped.
We are still waiting on a sub from November 11th.
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  #4  
Old 02-06-2018, 10:35 AM
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Quote:
Originally Posted by Peter_Spaeth View Post
I very seriously doubt this will affect their level of submissions, or market share. Which is really the big takeaway here IMO.
Don't be too sure about that. People can be quite fickle when you mess with their time and money.
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  #5  
Old 02-07-2018, 07:51 AM
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Quote:
Originally Posted by ngnichols View Post
Don't be too sure about that. People can be quite fickle when you mess with their time and money.
I agree with Peter on this. Until other registries catch up PSA is the goose laying the golden eggs. They can pretty much do whatever they want to, so it seems.
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  #6  
Old 02-07-2018, 11:43 AM
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PSA signed for my 45 day bulk order on January 18, 2018.

Today (February 7, 2018) I am yet to make it into their system.

Still waiting......
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  #7  
Old 02-07-2018, 12:59 PM
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High grading prices and long waits. It doesn't get any better than that. There are 2 other fine services out there to deal with. They get my vote.
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  #8  
Old 02-07-2018, 01:22 PM
Republicaninmass Republicaninmass is online now
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Bgs non guarantee time Is 83 BUSINESS days
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  #9  
Old 02-07-2018, 01:35 PM
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My latest PSA 30 day took 47 business days. I noticed they had a lousy monthly special in January. Figured they'd get caught up a bit, but the Feb special has a decent one. And I'm thinking they will be getting heavier volume soon as the registry deadline is in May.
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  #10  
Old 02-07-2018, 01:44 PM
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Default How about lack of accuracy on top of taking forever??!!

So I sent a submission of 14 Topps test discs which was signed for the end of December, not logged in their system till January 15th and shipped back February 2nd. Not great, but not bad relative to some of the other stories on this thread. Now the ridiculousness.

For those who don't know the discs only exist in proof form and therefore PSA only grades them as authentic. I sent in discs in 3 different proof states from 2 different years(, 1967 yellow/white, 1967 red, white, yellow, black, 1968 final proof ). Each disc was labeled on the back of the card saver with the year, issue, player name and line number corresponding to the submission invoice as PSA required in the "old days". Something like " 1967 Topps Test Disc Roberto Clemente, line 4"

So when the grades pop - it shows that they DIDN'T grade 11 of the 14 discs stating "no spec info". They did grade 3 - 1967 Frank Robinson, 1967 Hank Aaron and 1967 Roberto Clemente.

Then the shipment arrives
The Frank Robinson they graded was one of 4 of the 1967 red, white, yellow, black proofs I sent and the ONLY one graded properly. They did not grade the Clemente, The Aaron, or the Koufax from the same proof lot.
AND they mis-graded the 1968 Clemente and Aaron as 1967's. I don;t have words sufficient to express the utter frustration. I am waiting for a response from PSA for about 3 days now regarding both their "no grades" as well as the mistakes.
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  #11  
Old 02-07-2018, 06:52 PM
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PSA is a joke right now. They need to hire some more people.

Just got back a 10 day that was logged in November and the cards are not even slabbed properly. If I had known it would be like this, I wouldn’t have renewed my membership.
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  #12  
Old 02-07-2018, 07:42 PM
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Quote:
Originally Posted by Anish View Post
PSA is a joke right now. They need to hire some more people.

Just got back a 10 day that was logged in November and the cards are not even slabbed properly. If I had known it would be like this, I wouldn’t have renewed my membership.
WOW....that don't even sound right.......when in November was it logged? Even if it was late November (after Thanksgiving), and accounting for holidays, you are saying it took 45 days to do a 10 day order????
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  #13  
Old 02-07-2018, 07:59 PM
jb67 jb67 is offline
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Just posted by Joe O. over on the other board:

Hello All,

I wanted to post this after having several conversations with customers.

The amount of recent, incoming business to PSA has been unprecedented. I have been here for over 18 years and have simply seen nothing like it.

Our staff is fully aware of how slow the turnaround times have been. There is no reason to sugar coat it…from entering the submissions into the system to shipping them out, it has been slow.

While we have added several people to our staff since our move in November and authorized plenty of overtime, the demand for our services has outpaced our ability to keep up.

The reality is that we simply can’t “go faster” or cut corners in a business like ours. Each person, at every stage of the process, is only capable of processing so many items per day.

In addition, we are handling your valuables and our company takes that quite seriously. We need to make sure that every person handling the collectibles are properly trained, and that training can take time.

The good news is that we continue to add to our team and train new members, which means we are capable of processing more items each day than ever before.

We have a loyal and passionate customer base, one that drives our brand and business. I have been on the other side (as a customer) and know how frustrating it can be to not get your collectibles back in a timely manner. So, any frustration shared by our customers out there is completely understood.

All our company can say is that we appreciate your patience more than you know as we work to further build our capacity – the right way.

Take care and thank you for your understanding,
Joe Orlando
CEO, Collectors Universe, Inc.
President, PSA & PSA/DNA
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  #14  
Old 02-08-2018, 08:35 PM
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Quote:
Originally Posted by jb67 View Post
Just posted by Joe O. over on the other board:

Hello All,

I wanted to post this after having several conversations with customers.

The amount of recent, incoming business to PSA has been unprecedented. I have been here for over 18 years and have simply seen nothing like it.

Our staff is fully aware of how slow the turnaround times have been. There is no reason to sugar coat it…from entering the submissions into the system to shipping them out, it has been slow.

While we have added several people to our staff since our move in November and authorized plenty of overtime, the demand for our services has outpaced our ability to keep up.

The reality is that we simply can’t “go faster” or cut corners in a business like ours. Each person, at every stage of the process, is only capable of processing so many items per day.

In addition, we are handling your valuables and our company takes that quite seriously. We need to make sure that every person handling the collectibles are properly trained, and that training can take time.

The good news is that we continue to add to our team and train new members, which means we are capable of processing more items each day than ever before.

We have a loyal and passionate customer base, one that drives our brand and business. I have been on the other side (as a customer) and know how frustrating it can be to not get your collectibles back in a timely manner. So, any frustration shared by our customers out there is completely understood.

All our company can say is that we appreciate your patience more than you know as we work to further build our capacity – the right way.

Take care and thank you for your understanding,
Joe Orlando
CEO, Collectors Universe, Inc.
President, PSA & PSA/DNA
LOL, so basically "Tough Shit. Deal with it."

Reads almost like Jeromy Murray's letter to BGS customers last year and that went over like a wet fart in church. He got crucified on message boards all over the place.
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  #15  
Old 02-09-2018, 04:29 AM
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toledo_mudhen toledo_mudhen is offline
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Quote:
Originally Posted by ngnichols View Post
LOL, so basically "Tough Shit. Deal with it."

Reads almost like Jeromy Murray's letter to BGS customers last year and that went over like a wet fart in church. He got crucified on message boards all over the place.
Yea - I feel much better about this now wtf
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  #16  
Old 02-09-2018, 04:48 AM
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autograf autograf is offline
Tom Boblitt
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PSA's stock took a bath yesterday because they cut their yearly dividend in half from $1.40 to $.70. Yahoo shows Joe O has 41,000 shares, so that cost him about $385,000 yesterday in losses at $9.37 a share and will cost him about $28,000 in dividend losses per year. Sounds like some savvy business decisions PSA's CEO is making.....wait, who is that?
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  #17  
Old 02-09-2018, 05:21 AM
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iwantitiwinit iwantitiwinit is offline
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Join Date: May 2009
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Quote:
Originally Posted by jb67 View Post
Just posted by Joe O. over on the other board:

Hello All,

I wanted to post this after having several conversations with customers.

The amount of recent, incoming business to PSA has been unprecedented. I have been here for over 18 years and have simply seen nothing like it.

Our staff is fully aware of how slow the turnaround times have been. There is no reason to sugar coat it…from entering the submissions into the system to shipping them out, it has been slow.

While we have added several people to our staff since our move in November and authorized plenty of overtime, the demand for our services has outpaced our ability to keep up.

The reality is that we simply can’t “go faster” or cut corners in a business like ours. Each person, at every stage of the process, is only capable of processing so many items per day.

In addition, we are handling your valuables and our company takes that quite seriously. We need to make sure that every person handling the collectibles are properly trained, and that training can take time.

The good news is that we continue to add to our team and train new members, which means we are capable of processing more items each day than ever before.

We have a loyal and passionate customer base, one that drives our brand and business. I have been on the other side (as a customer) and know how frustrating it can be to not get your collectibles back in a timely manner. So, any frustration shared by our customers out there is completely understood.

All our company can say is that we appreciate your patience more than you know as we work to further build our capacity – the right way.

Take care and thank you for your understanding,
Joe Orlando
CEO, Collectors Universe, Inc.
President, PSA & PSA/DNA
Fair enough.
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  #18  
Old 02-09-2018, 07:14 AM
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calvindog calvindog is offline
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Quote:
Originally Posted by iwantitiwinit View Post
Fair enough.
Maybe they can stop accepting quick turnaround fees for incredibly slow service without crediting the customer for the difference?
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  #19  
Old 02-09-2018, 07:49 AM
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bobbyw8469 bobbyw8469 is offline
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Quote:
Originally Posted by calvindog View Post
Maybe they can stop accepting quick turnaround fees for incredibly slow service without crediting the customer for the difference?
You would think.
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  #20  
Old 02-11-2018, 07:06 AM
iowadoc77 iowadoc77 is offline
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Quote:
Originally Posted by calvindog View Post
Maybe they can stop accepting quick turnaround fees for incredibly slow service without crediting the customer for the difference?
This certainly seems to be the ethical thing to do.
And the right thing to do.
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  #21  
Old 02-07-2018, 09:17 PM
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Anish Anish is offline
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Quote:
Originally Posted by bobbyw8469 View Post
WOW....that don't even sound right.......when in November was it logged? Even if it was late November (after Thanksgiving), and accounting for holidays, you are saying it took 45 days to do a 10 day order????
Yup. Logged 11/10/17 and mailed 1/29/18.
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