A thought on older psa graded commons.

[ncinin]

I may be wrong but I think recently I read or saw on YouTube an interview with Nat Turner where he said the $20 service levels are most likely not ever returning.

[Dandor]

Originally Posted by ncinin

I may be wrong but I think recently I read or saw on YouTube an interview with Nat Turner where he said the $20 service levels are most likely not ever returning.

He tweeted on March 31 that he wants to get back to $12. With a second location next year it will happen with collector's club specials. You won't see ultra-modern cards at that price for a while, but we will see this next year in my opinion unless we get another 2021 boom. Which is not likely.

[ncinin]

Originally Posted by Dandor

He tweeted on March 31 that he wants to get back to $12. With a second location next year it will happen with collector's club specials. You won't see ultra-modern cards at that price for a while, but we will see this next year in my opinion unless we get another 2021 boom. Which is not likely.

I remember where I read Nat Turner’s comment on low end grading.


https://www.forbes.com/sites/brettkn...h=7b0665ab13df


It was a March 30 Forbes article where it states

“Turner says he hopes to return to the normal submission process in the next few months, but all involved concede that the days of $12 service fees for low-end cards are over”

But you say Nat tweeted a day later he hopes to get back to $12 so who knows.

[Dandor]

Grading is a supply and demand issue just like any service or good. Right now, because of backlogs, grading companies have the upper edge. PSA/SGC/CSG/BGS are taking in approximately 350,000 submissions every month. In October we will have 1.5 million submissions available every month. In 2023 it may be closer to 2 million a month with the big four and PSA with a second location. The market will dictate the price of grading. These companies all expanded and can't just fire graders. They invested in equipment, rental space, increased slab orders, etc... Of course, PSA wants to grade 1.5 million cards at $50 a piece. However, the hobby is not that strong right now. Most cards are down 50% from when the boom happened.