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$20 seems like the lowest possible number they'd go for some type of bulk submission with likely very long waits on return
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I may have stated this on another thread a week or two ago....I have it in writing from somebody near the top of the food chain at PSA that my bulk waiver sub pricing would go to $20 per card when they "open" up bulk waiver subs again (and in early 2021 was told likely by this Fall - Ha!). They said the price could be as low as $18 per card as long as I did $100K in submissions annually.
Personally, I will never ever get near $100K in submissions as at $18 per card as that equates to 5,555.556 cards.
Have had discussions with Cosetta about how this kills most all of us Set Registry nerds, and back in May she was still distraught at how they had no resolution for us/her regarding this now difficult issue. I have not followed up with her on an update of late, but likely will soon.