I think the main reasons are:
1) They're much cheaper.
2) Their turnaround time is much faster.
As far as I've come to understand, before PSA will grade/encapsulate a pack, they either mail it from California to BBCE and have Steve the expert look at it, or have to wait until Steve can travel to California to inspect packs for tampering/resealing.
Sure, a PSA authenticated/graded pack will sell for a premium over GAI, but if the pack is under $100 to begin with, it may not be worth the hassle to send it in to PSA.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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