PWCC Auction Ending Tonight - Interesting Results

[perezfan]

Originally Posted by Bigdaddy

PSA only makes money when cards are submitted to them for (re)grading. That's the difference.

A card is what it is, whether it is raw, in a PSA slab or in a penny sleeve. And that holds whether it is altered or not. I think we are now realizing that the PSA premium is not all that we (collectively) thought it was.

I was going to answer myself (after REA) since Peter's question was in response was to my comment. But you did it for me.

Thanks.... that is word-for-word what I was going to say.

[Peter_Spaeth]

Originally Posted by perezfan

I was going to answer myself (after REA) since Peter's question was in response was to my comment. But you did it for me.

Thanks.... that is word-for-word what I was going to say.

PSA makes money when its cards sell for good value and people are encouraged to keep submitting, so I disagree with you again.

[Bigdaddy]

Originally Posted by Peter_Spaeth

PSA makes money when its cards sell for good value and people are encouraged to keep submitting, so I disagree with you again.

PSA doesn't make any money when "people are encouraged to keep submitting". They only make money when people actually submit the cards.

A PSA entombed card can sell 100 times, increasing in value by 20% each time it sells - and PSA does not make a dime off of those transactions. Nada. Zilch.

They are not like the government who taxes you on each transaction.