Thread: New PSA prices
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Old 03-02-2021, 09:08 PM
Kaneen Kaneen is online now
Kevin
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Join Date: Nov 2018
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Quote:
Originally Posted by TobaccoKing4 View Post
This touches on something that I was wondering. What is the stated value supposed to represent? The value of the card raw, the value it would get with a reasonably predicted grade, etc?
I'm not 100% sure on the grading side of things (as I haven't submitted cards strictly for grading), but on the PSA/DNA side of the business with autograph authentication/grading, the "stated value" is supposed to be "what the item would sell for AFTER PSA has done it's work." And here's the real beauty of this ridiculous (subjective, speculative) pricing model...they sometimes have your item in backlog for months, so in this volatile market the "value" can change drastically from the time you submitted until the time their work is done. And if it does, they can hold your item and come back and upcharge you for the new current "value." It's good to be the King! lol
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