PSA just opened up a new service level with little fanfare.

[bnorth]

Originally Posted by Johnny630

Very Smart Move By PSA. I'm hopeful a lot of net54 members will get invited.

Let's face it folks, there is a lot of new money in this industry $100 a card is peanuts newer investor guys with money. I think they're doing quite well at the $150 Level this new $100 I expect even better. Just because you wont submit at $100 a card doesn't mean thousands of others wont.

The $100 per card level will limit the flood of 90 Fleer basketball and other nonsense to keep them from backing up.

Couldn't agree more with the bold part. Why would they offer cheaper grading when people will line up to pay $100 for the exact same job they do for the $10 submissions. You won't see cheap grading again until people stop submitting insane amounts of cards at the higher price level.

[toledo_mudhen]

I for one - don't ever see a day where I will submit the stuff I normally submit at $100 per card.

so consider me DONE with PSA

Can hardly wait for the price on everything to go up just because grading fees are now normalized at $100+ per card.

Im guessing that my existing PSA Nrmt 55 Topps cards will go from $40 each to $140

I'll probably make a ton of money on ePay now - woohoo!

[Johnny630]

Originally Posted by bnorth

Couldn't agree more with the bold part. Why would they offer cheaper grading when people will line up to pay $100 for the exact same job they do for the $10 submissions. You won't see cheap grading again until people stop submitting insane amounts of cards at the higher price level.

Exactly

[Thromdog]

I’m mixed in this. It’s not really comparable to days past for them to charge $100 up to $1000 in value. Before, they had bulks and specials at $8-10 which had a $100 cap. Even their regular service level at $25 was for cards valued to $500.

It’s definitely an increase, I just don’t know how truly bad the increase really is.

That said, I think the way they’ve streamlined their processes (I think) makes more sense. Have heard several who have subbed at their Express level and gotten theirs back in reasonable time for PSA standards. Higher dollar reholders are whipping through quick instead of waiting a few months.

I agree with several here that it’s hard to really find things worth subbing for $100 unless I somehow lucked into a cheap pile of $1000 cards. But if you are a PSA fan and have some you wanna grade….it makes sense after sitting on your cards for the last 9 months.

[parkplace33]

Originally Posted by bnorth

Couldn't agree more with the bold part. Why would they offer cheaper grading when people will line up to pay $100 for the exact same job they do for the $10 submissions. You won't see cheap grading again until people stop submitting insane amounts of cards at the higher price level.

You hit the nail right on the head. The days of submitting cards at $10 a card are over. PSA is making money at the $150 level and will make even more money at the $100 level.

This $100 lottery system intrigues me. I think it will drive up interest if you are selected. Almost like getting a golden ticket for the Willy Wonka factory