Psa - regular submission are back

[Tyruscobb]

The market sets the price; not the company. I suspect the market yawned when PSA announced the $150.00 a card grading fee rate, and PSA did not receive its projected submission numbers. Hence, the already lowered price to $100.00. PSA still has a long way to go in further price drops before I submit cards.

Maybe PSA will eventually run a vintage special. Modern basketball and Pokémon cards are the problem. I think I saw that one of Zion’s rookie cards is the card PSA has graded the most. Think about that - In just 3 years, Zion is already the most graded card when PSA has graded cards since the early 1990’s? This shows the tsunami of modern basketball that swamped PSA.

When the modern basketball and Pokémon card bubble bursts we will see further price drops.

[Casey2296]

How bout you give back our Swingin 60's sub after more than a year...

[bobbyw8469]

Originally Posted by Casey2296

How bout you give back our Swingin 60's sub after more than a year...

It's been a minute.....it's still floating around in R+I.

[bobbyw8469]

I am holding out hope they will return to some specials where it costs $8 or so to get a card graded. The window will probably limiting. Think, cards from the 40's. with yellow backgrounds, whose players first name ends in the letter Y. When that happens, I will sort through my 10,847 raw card to see how many fit the bill.

[Vegas Cards]

Originally Posted by Casey2296

How bout you give back our Swingin 60's sub after more than a year...

Hear Hear!

Although on the plus side at this point getting the cards back will feel just as good as receiving a new purchase from the BST or auction.

[mintacular]

At $100/ card. If a grader takes 30 secconds to grade each card the consumer is paying approx. $12,000/hr. for the service of someone to look at card and give it a grade.

[bxb]

Originally Posted by mintacular

At $100/ card. If a grader takes 30 secconds to grade each card the consumer is paying approx. $12,000/hr. for the service of someone to look at card and give it a grade.

But I think they average more than 30 seconds. Maybe 35.

[BobbyStrawberry]

I predict that PSA will drop the Regular Service price down again rather quickly. $100 per card for 3 month turnaround is ridiculous, and I doubt the $50 difference from Express pricing opens the floodgates for Pokemon and 2020s Panini commons that they are surely concerned about.

[vthobby]

Originally Posted by BobbyStrawberry

I predict that PSA will drop the Regular Service price down again rather quickly. $100 per card for 3 month turnaround is ridiculous, and I doubt the $50 difference from Express pricing opens the floodgates for Pokemon and 2020s Panini commons that they are surely concerned about.

"3 month turnaround is ridiculous"

What is even more ridiculous is they have never guaranteed any type of turnaround time so "3 months" could mean 1 year lol

I agree, it's all ridiculous!

Peace, Mike

[Lorewalker]

Originally Posted by BobbyStrawberry

I predict that PSA will drop the Regular Service price down again rather quickly. $100 per card for 3 month turnaround is ridiculous, and I doubt the $50 difference from Express pricing opens the floodgates for Pokemon and 2020s Panini commons that they are surely concerned about.

There was a thread on BO that I read not too long ago. It was asking what criteria should be used for determining if a card should be sent into PSA for the $150 service level. All responses were from modern dudes. There was no consensus but the threshold for value was very low.

My sense is that the $100 will get shut down after the post office refuses to deliver their mail again due to volume. With 7.5 million cards in backlog, still, it makes NO sense to open things up at $100 per card.

[Peter_Spaeth]

Originally Posted by Tyruscobb

The market sets the price; not the company. I suspect the market yawned when PSA announced the $150.00 a card grading fee rate, and PSA did not receive its projected submission numbers. Hence, the already lowered price to $100.00. PSA still has a long way to go in further price drops before I submit cards.

Maybe PSA will eventually run a vintage special. Modern basketball and Pokémon cards are the problem. I think I saw that one of Zion’s rookie cards is the card PSA has graded the most. Think about that - In just 3 years, Zion is already the most graded card when PSA has graded cards since the early 1990’s? This shows the tsunami of modern basketball that swamped PSA.

When the modern basketball and Pokémon card bubble bursts we will see further price drops.

In a market in which it has monopoly power, PSA has a lot of control over price. You should check your numbers before asserting they didn't meet expectations at $150. Their submissions are staggering. Their balancing act now, in my opinion, is to reduce price enough not to completely alienate some people, without adding too much to a still massive backlog.

[shagrotn77]

I don't remember seeing anything about PSA dropping their minimum grade option, but I don't see it on the online submission form now. Does anyone know if PSA did away with this? As someone who uses it frequently, I sure hope not.

[Peter_Spaeth]

Q: What happened to minimum grade?

A: As part of PSA’s continuous efforts to improve the PSA backlog, the minimum grade option has been suspended for all card, dual, ticket and pack authentication and grading services. We will make an announcement when the minimum grade option returns.

[shagrotn77]

Originally Posted by Peter_Spaeth

Q: What happened to minimum grade?

A: As part of PSA’s continuous efforts to improve the PSA backlog, the minimum grade option has been suspended for all card, dual, ticket and pack authentication and grading services. We will make an announcement when the minimum grade option returns.

Thanks, Peter. Glad to see that it's not gone for good, but this does seem strange to me. When a card doesn't meet the MG, it doesn't get slabbed. That's LESS work for PSA. I don't see how disabling this option is in any way a way to help clear the backlog . Oh well.

[Peter_Spaeth]

Originally Posted by shagrotn77

Thanks, Peter. Glad to see that it's not gone for good, but this does seem strange to me. When a card doesn't meet the MG, it doesn't get slabbed. That's LESS work for PSA. I don't see how disabling this option is in any way a way to help clear the backlog . Oh well.

I wondered the same when I read that. Maybe it involves more paperwork or something.