Can we have a honest conversation about psa

[Peter_Spaeth]

Of course Gordon Gecko also insisted that greed is good. Collectors might not agree.

[DPARK]

It is SGC exclusively for me. As strictly a collector, resale between SGC and PSA is not a consideration. A prefer vintage in tuxedos as well.

[Republicaninmass]

If prices come down to about 25/card, set collecting get back to normal. At 50, for 'exclusive events' it's too much for the market to bear IMO. I dont think alienating the vintage set collectors will benefit psa in the long run. Hoping the bean counters realize this

[Dandor]

PSA is doing the right thing right now and they need to get rid of the backlog. The 85/15 split for backlog/new submissions is actually a great idea. In 5 months from now, when PSA kicks the backlog, grading will cheaper than most people can comprehend in 2023.

Right now PSA/CSG/SGC/BGS are grading 1.2 million cards a month. However, people are only submitting 400,000 cards a month. 800,000 of those cards are PSA/BGS backlogs. SGC/CSG have no backlogs right now and they are at $30/$20 respectively. Even cheaper when you can go SGC at $23 through a bulk submitter or $12 bulk through CSG.

By 2023, the big four grading companies will be grading 1.5 million cards a month or even more. BGS is ready to expand big time and PSA is opening a second location. Unless we see a second 2021 market boom in cards, grading will be ridiculously cheap with amazing turnaround times in 2023. I am not grading until prices go down. I am not a flipper, just a collector. So I am super excited about the future of the hobby for people who like grading as an opinion and a nice way to present our cards.

[bobsbbcards]

Originally Posted by Dandor

PSA is doing the right thing right now and they need to get rid of the backlog. The 85/15 split for backlog/new submissions is actually a great idea. In 5 months from now, when PSA kicks the backlog, grading will cheaper than most people can comprehend in 2023.

Right now PSA/CSG/SGC/BGS are grading 1.2 million cards a month. However, people are only submitting 400,000 cards a month. 800,000 of those cards are PSA/BGS backlogs. SGC/CSG have no backlogs right now and they are at $30/$20 respectively. Even cheaper when you can go SGC at $23 through a bulk submitter or $12 bulk through CSG.

By 2023, the big four grading companies will be grading 1.5 million cards a month or even more. BGS is ready to expand big time and PSA is opening a second location. Unless we see a second 2021 market boom in cards, grading will be ridiculously cheap with amazing turnaround times in 2023. I am not grading until prices go down. I am not a flipper, just a collector. So I am super excited about the future of the hobby for people who like grading as an opinion and a nice way to present our cards.

All valid points. They need to improve consistency and transparency. The rest is gravy (ummmm.......gravy).

[jchcollins]

PSA in the early 1990's saw a business opportunity in the hobby - no different than the folks who invented toploaders and plastic pages 15 or more years earlier. It was no surprise, and honestly could have happened even sooner. David Hall just moved the coin grading business model that he had come up with years before over to the burgeoning sports card hobby. I would agree with those that say it's all about the Benjamins and little if anything else, especially at this point. Do you REALLY need a PSA or an SGC to speculate on the authenticity, tamper-status, condition or condition nuances of your vintage card if you have been collecting and loving these things for 35 or 40 years? Well maybe you do, and I get the universal standard thing, but really? I don't. I laugh at anyone who thinks that the TPG's literally have any chance of knowing more about the cards you love in a 20-second-per evaluation than you do if you have been collecting for that long.

As for the complaints, who cares? PSA standards have waxed and waned - for decades. PSA's turn times and customer service quality have waxed and waned - for decades. The veritable laundry list of complaints against them have waxed and waned - for decades - in fact on this count, since they fraudulently slabbed their first card with the trimmed Gretzky Wagner.

Those who continue to buy into TPG's and prop them up - whatever their reason - to turn profits, or because they like the look or protection, or want to leave something easier to move in the marketplace for their descendants - these folks will always face the question of whether or not the BS and customer service issues are worth it. From my perspective, those questions and posts like this will likely never go away. It just depends on how much you are willing to put up with.

Disclaimer - I LOVE a properly graded SGC or PSA card in a nice looking slab. Don't get me wrong, it's a cool thing. But I left behind any notions of the infallibility of these type of companies a long time ago. Grading is subjective and always will be. The idea that it's not is a lemon they have sold to some of the collecting public and their bread and butter. Collect what you love. Buy the card not the grade. Buy the raw card and not the flawed slab. Do or do not do any of these things, whatever. In short - do whatever floats your boat!

[homerunderby]

Originally Posted by jchcollins

PSA in the early 1990's saw a business opportunity in the hobby - no different than the folks who invented toploaders and plastic pages 15 or more years earlier. It was no surprise, and honestly could have happened even sooner. David Hall just moved the coin grading business model that he had come up with years before over to the burgeoning sports card hobby. I would agree with those that say it's all about the Benjamins and little if anything else, especially at this point. Do you REALLY need a PSA or an SGC to speculate on the authenticity, tamper-status, condition or condition nuances of your vintage card if you have been collecting and loving these things for 35 or 40 years? Well maybe you do, and I get the universal standard thing, but really? I don't. I laugh at anyone who thinks that the TPG's literally have any chance of knowing more about the cards you love in a 20-second-per evaluation than you do if you have been collecting for that long.

As for the complaints, who cares? PSA standards have waxed and waned - for decades. PSA's turn times and customer service quality have waxed and waned - for decades. The veritable laundry list of complaints against them have waxed and waned - for decades - in fact on this count, since they fraudulently slabbed their first card with the trimmed Gretzky Wagner.

Those who continue to buy into TPG's and prop them up - whatever their reason - to turn profits, or because they like the look or protection, or want to leave something easier to move in the marketplace for their descendants - these folks will always face the question of whether or not the BS and customer service issues are worth it. From my perspective, those questions and posts like this will likely never go away. It just depends on how much you are willing to put up with.

Disclaimer - I LOVE a properly graded SGC or PSA card in a nice looking slab. Don't get me wrong, it's a cool thing. But I left behind any notions of the infallibility of these type of companies a long time ago. Grading is subjective and always will be. The idea that it's not is a lemon they have sold to some of the collecting public and their bread and butter. Collect what you love. Buy the card not the grade. Buy the raw card and not the flawed slab. Do or do not do any of these things, whatever. In short - do whatever floats your boat!

I agree- there are millions of slabbed cards that aren't worth 10 cents. I collect cards, not slabs so it doesn't matter much to me. I only have a handful of graded cards, all vintage, because they were less expensive than raw in a similar grade.

What's going to happen to those millions of hot PSA 10 rookies when the player goes bust? Those cards where 2/3 of the graded are PSA 10? Maybe they'll be in the same place as the 1,000 count lots of Gregg Jefferies and Todd Van Poppel rookies that were going to make everyone rich.

[ALR-bishop]

Originally Posted by bobsbbcards

All valid points. They need to improve consistency and transparency. The rest is gravy (ummmm.......gravy).

[Peter_Spaeth]

Originally Posted by Dandor

PSA is doing the right thing right now and they need to get rid of the backlog. The 85/15 split for backlog/new submissions is actually a great idea. In 5 months from now, when PSA kicks the backlog, grading will cheaper than most people can comprehend in 2023.

Right now PSA/CSG/SGC/BGS are grading 1.2 million cards a month. However, people are only submitting 400,000 cards a month. 800,000 of those cards are PSA/BGS backlogs. SGC/CSG have no backlogs right now and they are at $30/$20 respectively. Even cheaper when you can go SGC at $23 through a bulk submitter or $12 bulk through CSG.

By 2023, the big four grading companies will be grading 1.5 million cards a month or even more. BGS is ready to expand big time and PSA is opening a second location. Unless we see a second 2021 market boom in cards, grading will be ridiculously cheap with amazing turnaround times in 2023. I am not grading until prices go down. I am not a flipper, just a collector. So I am super excited about the future of the hobby for people who like grading as an opinion and a nice way to present our cards.

Where are all the graders coming from who are grading/are going to grade all these cards? Unless and until AI really figures this out, not anyone off the street can really grade and authenticate well and consistently. At some point you might as well just open a self service line.

[Dandor]

Originally Posted by Peter_Spaeth

Where are all the graders coming from who are grading/are going to grade all these cards? Unless and until AI really figures this out, not anyone off the street can really grade and authenticate well and consistently. At some point you might as well just open a self service line.

Grading a card on a 1-10 scale is not that difficult and people can be trained relatively quickly. However, we will see huge discrepancies from even from the same grading company order to order. This is already happening. I have been seeing orders from knowledgeable people that submit high quality modern cards. One order gets a 70% gem rate and another order gets a 20% gem rate. It used to be that the grading from PSA/SGC/BGS was done by a few graders and they were much more consistent. Now it is boom or bust and it depends on which graders from the pool of 100 plus you get.

I am completely done with grading cards past 1985 Topps in baseball and 1988 Fleer in basketball. Looking at COMC I can find beautiful copies of Tim Duncan raw cards for $3. Having a graded PSA 9 or 10 is just silly.

I typically grade all my PC and know what the card should be graded. 95% of the time for the cards I collect I am within the low/high estimate of the grade. They do a decent job with lower grades IMO. The 9 and 10 grades are pure BS 50% of the time. They are flipping coins in most instances.

The premiums put on cards from the junk wax era to present are insane and I am out of that game. I am taking all my graded cards from the junk wax era and putting them into lower graded slabs or raw. I bought three beautiful Tim Raines 1981 Topps rookies from COMC and they are all PSA 8 or higher quality. They cost me $1 to $1.25. I have only been back in the hobby for 2 years and grading cards myself has taught me that there are so many amazing raw cards still available from the 1980's on.

[homerunderby]

Originally Posted by Dandor

Grading a card on a 1-10 scale is not that difficult and people can be trained relatively quickly. However, we will see huge discrepancies from even from the same grading company order to order. This is already happening. I have been seeing orders from knowledgeable people that submit high quality modern cards. One order gets a 70% gem rate and another order gets a 20% gem rate. It used to be that the grading from PSA/SGC/BGS was done by a few graders and they were much more consistent. Now it is boom or bust and it depends on which graders from the pool of 100 plus you get.

I am completely done with grading cards past 1985 Topps in baseball and 1988 Fleer in basketball. Looking at COMC I can find beautiful copies of Tim Duncan raw cards for $3. Having a graded PSA 9 or 10 is just silly.

I typically grade all my PC and know what the card should be graded. 95% of the time for the cards I collect I am within the low/high estimate of the grade. They do a decent job with lower grades IMO. The 9 and 10 grades are pure BS 50% of the time. They are flipping coins in most instances.

The premiums put on cards from the junk wax era to present are insane and I am out of that game. I am taking all my graded cards from the junk wax era and putting them into lower graded slabs or raw. I bought three beautiful Tim Raines 1981 Topps rookies from COMC and they are all PSA 8 or higher quality. They cost me $1 to $1.25. I have only been back in the hobby for 2 years and grading cards myself has taught me that there are so many amazing raw cards still available from the 1980's on.

I've been collecting over 40 years. Pretty sure I know how to grade my cards, and I'm positive that I don't care about the difference between a 9 and a 10. There has to be a quota where if someone is giving too many (or too few) 10's they get talked to.

A job as a grader, especially at entry-level, has got to be terrible. It's like an assembly line where you get cards rolling by 1-2 per minute, 8 hours a day, 5 days a week, and you have to make a judgment on every one of them. What does PSA pay a new grader? These aren't veterans in the hobby, these are young people who think this is a way to make a living on cards. The pay can't be great for such mind-numbing work.

The girlfriend yells at you for leaving towels on the floor, the cards you grade are getting 7's and 8's today. If your kid does something like make the honor roll, the cards you grade are getting 9's and 10's today. Just human nature. With hi-res scans all you're doing is gambling that you get the lenient grader. It basically like opening wax, you're gambling on a good outcome.