PSA Likely to be Sold...Then Out of Business?

[Archive]

Posted By: davidcycleback

I don't doubt that there are legitimate and solid uses of the registry, but I always thought if there is such a thing as a financial bubble, it's the set registry. A collector wanting to post to fellow collectors his Babe Ruth collection I understand, paying big bucks for 1981 Fleer commons for your registry set is idiocy from get go. Most of the insane PSA prices you would see were from people working on a registry set. I assume these collectors had money to burn. I long thought that the 'added value' of the registry was a fashion if not a mirage. Any real added value was to PSA, as it got collectors to submit more cards for grading, including card they'd otherwise never get graded.