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Blake050 03-01-2021 08:51 AM

PSA changed prices
 
I think everyone knew this was coming. PSA updated their prices this morning.

Value ultra modern: Was $15, now $25. Maximum value increased from $199 to $499

Regular: $100 per card

Express: Was $75, now $150

Super Express: Was $200, now $300

[url]https://www.psacard.com/pricing[/url]

psochaps 03-01-2021 08:52 AM

Already multiple threads...

2010GBPackers 03-01-2021 08:58 AM

[QUOTE=psochaps;17054987]Already multiple threads...[/QUOTE]

Where? In the basketball forum?

letsgocapitals 03-01-2021 09:02 AM

Such a valuable resource on Blowout ---> [url]https://www.blowoutforums.com/search.php?searchid=42143524[/url]

ACCDADEAL 03-01-2021 09:17 AM

WHY THE F would I pay $150 for something that wont come back fast and be affected by turnaround times. I am so done with PSA

RandyC 03-01-2021 09:25 AM

[QUOTE=ACCDADEAL;17055052]WHY THE F would I pay $150 for something that wont come back fast and be affected by turnaround times. I am so done with PSA[/QUOTE]

Good. Nothing personal, but I hope the price increase helps to get rid of most of the base card flippers. I wish they would have tripled the prices.

ballhawkdawk 03-01-2021 09:26 AM

[QUOTE=ACCDADEAL;17055052]WHY THE F would I pay $150 for something that wont come back fast and be affected by turnaround times. I am so done with PSA[/QUOTE]

Because they can. Same reason Panini charges 10x+ MSRP for wax.

notoriousrmb 03-01-2021 09:26 AM

[QUOTE=RandyC;17055083]Good. Nothing personal, but I hope the price increase helps to get rid of most of the base card flippers. I wish they would have tripled the prices.[/QUOTE]

I agree with this. Bulk subs of whatever base some dude pulls out of his last box needs to stop. Grading used to matter, now every card has pop reports through the roof. $50 starting fee would have been nice.

ACCDADEAL 03-01-2021 09:29 AM

[QUOTE=RandyC;17055083]Good. Nothing personal, but I hope the price increase helps to get rid of most of the base card flippers. I wish they would have tripled the prices.[/QUOTE]

How you think I am a flipper? Been doing this for 30 years, rarely grade but the turnaround times suck for that price.

Totalpackage 03-01-2021 09:35 AM

How do PSA determines the value of a card when charging for submission fees? Do they reference the most recent sale for that card?

DajuanWagner 03-01-2021 09:35 AM

[QUOTE=Blake050;17054982]I think everyone knew this was coming. PSA updated their prices this morning.

Value ultra modern: Was $15, now $25. Maximum value increased from $199 to $499

Regular: $100 per card

Express: Was $75, now $150

Super Express: Was $200, now $300

[url]https://www.psacard.com/pricing[/url][/QUOTE]



I hope this will finally get people to stop grading..............

notoriousrmb 03-01-2021 09:37 AM

[QUOTE=Totalpackage;17055120]How do PSA determines the value of a card when charging for submission fees? Do they reference the most recent sale for that card?[/QUOTE]

Pretty much. Some people send in subs at a certain price, a player's cards take off and next thing they know they owe PSA another $3k due to prices going up while cards are sitting in the PSA queue.

Nothing like waiting 3 months to get your stuff graded, then have to pay a few grand when your turn is up due to the slow processing times.

Totalpackage 03-01-2021 09:42 AM

[QUOTE=DajuanWagner;17055121]I hope this will finally get people to stop grading..............[/QUOTE]

People will only stop grading when graded cards can't add extra values and there aren't anymore counterfeits out there. Since PSA 10s are so hot right now, people will continue send cards to PSA which is not a good sign for Beckett and SGC. However, PSA will increase their grading fees again if the other two companies get purchased or go out of business.

Totalpackage 03-01-2021 09:45 AM

[QUOTE=notoriousrmb;17055124]Pretty much. Some people send in subs at a certain price, a player's cards take off and next thing they know they owe PSA another $3k due to prices going up while cards are sitting in the PSA queue.

Nothing like waiting 3 months to get your stuff graded, then have to pay a few grand when your turn is up due to the slow processing times.[/QUOTE]

This is why PSA 10s are out selling both BGS 9.5 and SGC 98 by so much which their price gap is getting bigger and bigger.

wood minis 03-01-2021 09:45 AM

Poor turnaround times and higher prices. Don't imagine too many businesses can get away with that business model.

Orangejello727 03-01-2021 09:45 AM

[QUOTE=notoriousrmb;17055124]Pretty much. Some people send in subs at a certain price, a player's cards take off and next thing they know they owe PSA another $3k due to prices going up while cards are sitting in the PSA queue.

Nothing like waiting 3 months to get your stuff graded, then have to pay a few grand when your turn is up due to the slow processing times.[/QUOTE]

The fault lies on the submitter 100%. 80% of the card that have clogged the system at PSA are ultra modern cards. Cards that do not need to be graded or there are simply too many of. There are people sending in 500 ct of base topps rc. WTF? Pop counts on some cards at 20,000 + within a less than a season of their sport.

Volume flipping is a game of a race to the bottom.

2010GBPackers 03-01-2021 09:48 AM

I have mixed feelings about their latest price increase. I do understand that as a business if others are making enormous profits off of your service, you're going to want to see a portion of that money. Honestly, it would be negligent for PSA to keep service rates for $5K cards at $25 or whatever it used to be pre-2018ish. Hell, I remember when you could sneak good cards in to a bulk submission for $7/card.

However, as a collector with an ever-growing PC in PSA slabs, it sucks. I started slabbing my PC back in 2015, not to increase the value of my collection, but because it made sense for me as an OCD-type who wanted it all in similar encasements. It was well worth it when I could get 20 cards slabbed at $7/each and spend $150 to do it. And that's what I would do - send 20 cards at a time in my LCS' group sub every few months. Now, the fees will be close in price to the card's value. Sure, I could keep them raw, but my entire collection is in PSA holders and my intent was to have it all encased in a similar fashion.

If this prevents flipperbois from subbing 100 Luka Prizms, though, I'm all for it. Probably won't though.

k13 03-01-2021 09:51 AM

[QUOTE=Orangejello727;17055154]The fault lies on the submitter 100%. 80% of the card that have clogged the system at PSA are ultra modern cards. Cards that do not need to be graded or there are simply too many of. There are people sending in 500 ct of base topps rc. WTF? Pop counts on some cards at 20,000 + within a less than a season of their sport.

Volume flipping is a game of a race to the bottom.[/QUOTE]

What about all the 90s junk that's being subbed now..

bmf 03-01-2021 09:51 AM

[QUOTE=Blake050;17054982]I think everyone knew this was coming. PSA updated their prices this morning.

Value ultra modern: Was $15, now $25. Maximum value increased from $199 to $499

Regular: $100 per card

Express: Was $75, now $150

Super Express: Was $200, now $300

[url]https://www.psacard.com/pricing[/url][/QUOTE]

but what do you have to pay to actually get your cards back in the time PSA promises? :doh:

kefskala 03-01-2021 09:56 AM

this is one way to control pop count...don't know what the future brings..with panini probably printing more prizm base and psa raising rates is the golden goose cooked?...but then again look at the crazy prices people are paying for numbered cards...

Orangejello727 03-01-2021 09:58 AM

[QUOTE=k13;17055188]What about all the 90s junk that's being subbed now..[/QUOTE]

There are a lot of silly things being done right now. Ive noticed group submitters talking about how $1 base cards are being sent in Express. $75 to grade a common card? Makes no sense. If you spend $1 per card and $9 to grade an flip it for $15 min after fees and time and turn a profit of $1 or 2 per on a volume basis, you are doing nothing but clogging the system flooding the market. It ruins the ecosystem and balance within.

A price hike makes it harder to volume flip. It makes no sense and that is what PSA is doing. Volume submissions can easily lead to brand exhaustion and in no time that exhaustion can lead to no value brought forward by having a PSA slab. Essentially making PSA and their business irrelevant because they flooded the market with their own product at the paying customers will.

2010GBPackers 03-01-2021 10:09 AM

[QUOTE=Orangejello727;17055220]There are a lot of silly things being done right now. Ive noticed group submitters talking about how $1 base cards are being sent in Express. $75 to grade a common card? Makes no sense. If you spend $1 per card and $9 to grade an flip it for $15 min after fees and time and turn a profit of $1 or 2 per on a volume basis, you are doing nothing but clogging the system flooding the market. It ruins the ecosystem and balance within.

A price hike makes it harder to volume flip. It makes no sense and that is what PSA is doing. Volume submissions can easily lead to brand exhaustion and in no time that exhaustion can lead to no value brought forward by having a PSA slab. Essentially making PSA and their business irrelevant because they flooded the market with their own product at the paying customers will.[/QUOTE]

I agree. I think PSA is nervous about controlling volume. If every Tom, Dick, and Harry can sub Topps paper Kobe RC's for $25/each they end up killing its status with collectors. Now that it will cost $600 for you to grade it, why not send to BGS? You end up flooding BGS with submissions, continue to kill their brand, and your brand gets viewed as the elite-level TPG.

superdan49 03-01-2021 10:23 AM

"To focus on the PSA backlog, the Crossover service has been suspended. We will make an announcement when the Crossover service returns."

Saw this on the website as well.

k13 03-01-2021 10:31 AM

[QUOTE=2010GBPackers;17055260]I agree. I think PSA is nervous about controlling volume. If every Tom, Dick, and Harry can sub Topps paper Kobe RC's for $25/each they end up killing its status with collectors. Now that it will cost $600 for you to grade it, why not send to BGS? You end up flooding BGS with submissions, continue to kill their brand, and your brand gets viewed as the elite-level TPG.[/QUOTE]

Why would you pay $600 for a card that sells less raw?

It goes in the $499 value for $25 grading.
Not like it is getting a psa 10 for sure.

The Accountant 03-01-2021 10:32 AM

dang... I was about to send out some shipments. But I like the ultra modern change to DV of $499.

Steve88 03-01-2021 10:41 AM

[QUOTE=The Accountant;17055360]dang... I was about to send out some shipments. But I like the ultra modern change to DV of $499.[/QUOTE]

can anyone link me to the main PSA price change thread

Midknight 03-01-2021 10:43 AM

To anyone that is curious, if you had a submission that you were currently working on, it appears that you can complete at the old pricing. I had an Express order that I saved thinking that I might add more cards to it. I was able to finish it at the $75 rate this morning. We'll see whether they honor the pricing?

Hellcat 03-01-2021 10:43 AM

Economy is basically back $20 per card 1972-2017 value $499 2018-Present $25 value $499. I have no problem with the price changes. $100 for the $999 declared value is just silly.

SupermanBrandon 03-01-2021 10:45 AM

Lots of overreacting from the hobby this morning.

notoriousrmb 03-01-2021 10:56 AM

[QUOTE=SupermanBrandon;17055423]Lots of overreacting from the hobby this [b]decade[/b].[/QUOTE]

Fixed it for you.

Jumpin Astros 03-01-2021 10:57 AM

PSA Raising prices is another part of the bubble to watch out for. If most of the country opens back up/releases most restrictions by summer time and people can go on vacation wherever they want, spend money to attend sports games and other kinds of entertainment not currently available (nationwide), millions of dollars that have been pumped into sportscards since the lockdown could be withdrawn from the industry.

I'm not going to be another person saying the bubble is going to pop "any day now," but from an economic standpoint, as soon as people have the ability to spend money on vacations etc, money will leave the sportscard industry. If money leaves the sportscard industry, prices may or may not fall. But as history shows, there is a massive slow down every May/June (except what happened last year due to lockdowns).

By PSA Raising prices, there is no longer much benefit to gain by sending a card to get graded unless you are okay waiting a year or just under to get your cards back. IF, and I say IF the card market cools down, PSA will be forced to reevaluate its prices for quicker turnaround or people will simply stop sending in a large variety of cards because there will be hardly any cards that will justify spending $100-$200 for the grading alone.

DoneWrite 03-01-2021 11:05 AM

It'll be interesting to see what happens with raw card prices. With grading fees going up, there will be both less demand for raw cards to grade and paying premiums for those cards will likely not be the case anymore. I know that's where plenty of people were making their money so if that demand dries up it will further soften prices.

montej1695 03-01-2021 11:13 AM

Not criticizing anyone who wants to spend their money on a service but I watched a 500 card submission result and 80% of them were <$15 cards.

Like throwing 500 darts and hoping a few of them hit bullseye.

When the cost of the service provides no added value, as in you still return a net zero even if u GEM, people will stop sending in.

I had a stack of cards that I put aside trying to gauge if its worth grading and this just put the brakes on for me.

This should allow for some of the backlog to be processed.

Smarti5051 03-01-2021 11:13 AM

I guess I came in under the wire, as I just got upcharges on Thursday. I had 7 cards submitted at $50/ea regular. Had 2 upcharged to $75/ea and 1 upcharged to $200. Does anybody from a previous price increase no what upcharge is used AFTER a price increase, if the submission was before the price increase? I have about 350 90s basketball cards in two Economy submissions sent at the beginning of the year (most were in the $150-200/ea range at PSA 9 when I sent the submissions). I could see several of these shaking out to higher value levels depending on the grade, if the market continues to be this strong. Would these upcharges be at the same cost they were at the time I submitted, or will I have a bunch of $150-$300 charges for the cards that grade out at PSA 9-10 in 6 months?

Onepocketj 03-01-2021 11:23 AM

[QUOTE=Steve88;17055406]can anyone link me to the main PSA price change thread[/QUOTE]

[url]https://www.blowoutforums.com/showthread.php?p=17055450&posted=1#post17055450[/url]

Totalpackage 03-01-2021 12:08 PM

How much does PSA charges for a card worth 5k?

maguirem 03-01-2021 12:24 PM

[QUOTE=Midknight;17055417]To anyone that is curious, if you had a submission that you were currently working on, it appears that you can complete at the old pricing. I had an Express order that I saved thinking that I might add more cards to it. I was able to finish it at the $75 rate this morning. We'll see whether they honor the pricing?[/QUOTE]


I think you got lucky with your timing because I had was in a similar situation and I just logged in to see if I could either add more cards or just process what I had already done at the old pricing, but I can't. When I click on the submission I was currently working on it automatically takes me to the service level step with the new pricing.

Oh well, it is my own fault for procrastinating with it.

montej1695 03-01-2021 12:25 PM

[QUOTE=Totalpackage;17055882]How much does PSA charges for a card worth 5k?[/QUOTE]

$300-$600 if value is between $5k-$10k

JohnnyHatesJazz 03-01-2021 12:31 PM

3 minutes to grade....


Sent from my iPhone using Tapatalk

The Finest 03-01-2021 12:32 PM

[QUOTE=RandyC;17055083]Good. Nothing personal, but I hope the price increase helps to get rid of most of the base card flippers. I wish they would have tripled the prices.[/QUOTE]

Can someone please explain the outrage people have of getting lower value base cards graded?

Can someone please explain the outrage people have of other people putting in time and effort to make a profit in the hobby?

dasiegel 03-01-2021 12:39 PM

[QUOTE=DajuanWagner;17055121]I hope this will finally get people to stop grading..............[/QUOTE]

post of the year so far!

i have taken advantage of the bizarre demand for my psa 10s but i never understood why in the world, (whether it's bgs or psa but especially psa with the bizarre markups) someone would pay double or triple a card bc some college kid says it's a 10 vs a 9 on the scale of 1-10.

both companies have been proven to be flawed, grading fake cards, trimmed cards, etc. grading was supposed to be something that proved authenticity of vintage and easily counterfeited cards. now it's just being done because it has been pushed as valuable from the people who have them. if this doesn't turn demand around, then they should raise the price every month and rake in $.

Wade Mulroy 03-01-2021 12:45 PM

[QUOTE=The Finest;17056005]Can someone please explain the outrage people have of getting lower value base cards graded?

Can someone please explain the outrage people have of other people putting in time and effort to make a profit in the hobby?[/QUOTE]

Generally speaking - It seems like there's a sense of moral superiority against anyone in the hobby who doesn't fit into a certain criteria.

I've been collecting since I was old enough to comprehend sports back in the 90's, but am generally on the naughty list because I like to collect sealed wax and even sell some (gasp!) when prices increase to make a nice profit.

I'm also on the naughty list because I have cards that I pulled and have no interest in placing into the PC, so I'll grade them purely because they are in perfect condition and can sell them for more when in a PSA 10 case (double gasp!)

Fortunately, I've never bought into a group break and I'm not smart enough to use a bot, so I think the gate keepers of the hobby will generally tolerate me, but am still amongst the heathen.

Promethius88 03-01-2021 12:53 PM

[QUOTE=Hellcat;17055418]Economy is basically back $20 per card 1972-2017 value $499 2018-Present $25 value $499. I have no problem with the price changes. [B]$100 for the $999 declared value is just silly.[/B][/QUOTE]

Why? You send a raw card with a declared value of say $800 and it comes back a 10 and is now valued at $2-3k....$100 doesn't seem like much.
Different scenario. Maybe that same card only gets you $500-600 raw but comes back a 9 and is now worth $800. You are still gaining value for having it in the slab.

The Finest 03-01-2021 12:55 PM

[QUOTE=Wade Mulroy;17056077]Generally speaking - It seems like there's a sense of moral superiority against anyone in the hobby who doesn't fit into a certain criteria.

I've been collecting since I was old enough to comprehend sports back in the 90's, but am generally on the naughty list because I like to collect sealed wax and even sell some (gasp!) when prices increase to make a nice profit.

I'm also on the naughty list because I have cards that I pulled and have no interest in placing into the PC, so I'll grade them purely because they are in perfect condition and can sell them for more when in a PSA 10 case (double gasp!)

Fortunately, I've never bought into a group break and I'm not smart enough to use a bot, so I think the gate keepers of the hobby will generally tolerate me, but am still amongst the heathen.[/QUOTE]

Ah, so basically it's similar to old folks complaining about kids skateboarding on the sidewalk.

cking 03-01-2021 01:00 PM

[QUOTE=Totalpackage;17055120]How do PSA determines the value of a card when charging for submission fees? Do they reference the most recent sale for that card?[/QUOTE]

The same way they grade cards.

A random guess and dont look at anything.

[QUOTE=JohnnyHatesJazz;17055999]5 seconds to grade....


Sent from my iPhone using Tapatalk[/QUOTE]

Fixed it for you:)!

Mac302 03-01-2021 01:21 PM

[QUOTE=The Finest;17056135]Ah, so basically it's similar to old folks complaining about kids skateboarding on the sidewalk.[/QUOTE]

basically and people hate change.

I help run a family business and any time we make a small change I can count on a good amount of employees to be up and arms and complaining even though the change does minimal to their job.

spurs50fan 03-01-2021 01:22 PM

[QUOTE=wood minis;17055153]Poor turnaround times and higher prices. Don't imagine too many businesses can get away with that business model.[/QUOTE]

Maybe they are investing in rulers? But you could see it coming. You’d think one or the other would go down but both will increase and well... gotemm

DajuanWagner 03-01-2021 01:22 PM

This is great news...............for PSA............

sandlotsportcards 03-01-2021 01:31 PM

[QUOTE=montej1695;17055591]Not criticizing anyone who wants to spend their money on a service but I watched a 500 card submission result and 80% of them were <$15 cards.

Like throwing 500 darts and hoping a few of them hit bullseye.

When the cost of the service provides no added value, as in you still return a net zero even if u GEM, people will stop sending in.

I had a stack of cards that I put aside trying to gauge if its worth grading and this just put the brakes on for me.

This should allow for some of the backlog to be processed.[/QUOTE]

I also just went through the stack I set aside. I had about 30 cards and after looking at what 9's and 10's go for an comparing it to what I would have in the card with grading I determined only about 15 cards would be worth sending in at the new higher price. That's also hoping they come back nothing less than a 9.

jcardstore 03-01-2021 01:40 PM

[QUOTE=dasiegel;17056042]post of the year so far!

i have taken advantage of the bizarre demand for my psa 10s but i never understood why in the world, (whether it's bgs or psa but especially psa with the bizarre markups) someone would pay double or triple a card bc some college kid says it's a 10 vs a 9 on the scale of 1-10.

both companies have been proven to be flawed, grading fake cards, trimmed cards, etc. grading was supposed to be something that proved authenticity of vintage and easily counterfeited cards. now it's just being done because it has been pushed as valuable from the people who have them. if this doesn't turn demand around, then they should raise the price every month and rake in $.[/QUOTE]

I know it's crazy but people actually like collecting PSA10s.

I'll pay the premium for the 10 case every day because I like having something as a 10.

Obviously it has to have eye appeal too but it's somewhat rare that something is so obviously bad and still in a 10 case

mcley 03-01-2021 02:17 PM

Now that PSA has increased the price. Do they have any motivations to fulfill orders faster? They can keep the pace or even slow down and still make more money.

Brent72 03-01-2021 02:18 PM

[QUOTE=notoriousrmb;17055124]Pretty much. Some people send in subs at a certain price, a player's cards take off and next thing they know they owe PSA another $3k due to prices going up while cards are sitting in the PSA queue.

Nothing like waiting 3 months to get your stuff graded, then have to pay a few grand when your turn is up due to the slow processing times.[/QUOTE]

Scam of the century!

dasiegel 03-01-2021 02:30 PM

[QUOTE=jcardstore;17056426]I know it's crazy but people actually like collecting PSA10s.

I'll pay the premium for the 10 case every day because I like having something as a 10.

Obviously it has to have eye appeal too but it's somewhat rare that something is so obviously bad and still in a 10 case[/QUOTE]

it's gotten out of control. especially if it's for your PC. there are enough nice display cases out there where i don't need the psa 10 case for that type of premium.

duron 03-01-2021 02:33 PM

There goes my first ever submission I had been planning on.

jcardstore 03-01-2021 02:33 PM

[QUOTE=dasiegel;17056727]it's gotten out of control. especially if it's for your PC. there are enough nice display cases out there where i don't need the psa 10 case for that type of premium.[/QUOTE]

Yea, gotcha. I honestly don't like anything other than PSA, personal preference.

I'd take a PSA10 to display over a BGS Black label any day.

As for the PSA9/10 price premium just looking at the number 9 on the case bothers me so I'll pay whatever the 10 premium is no matter what because it looks better to me on my shelf or in the cabinet.

I like uniformity and unless it's vintage or something crazy rare there's no reason for me to be putting out 9s on display.

Midknight 03-01-2021 02:55 PM

[QUOTE=maguirem;17055968]I think you got lucky with your timing because I had was in a similar situation and I just logged in to see if I could either add more cards or just process what I had already done at the old pricing, but I can't. When I click on the submission I was currently working on it automatically takes me to the service level step with the new pricing.

Oh well, it is my own fault for procrastinating with it.[/QUOTE]

Sorry to hear. I'm on the east coast. I guess I finished it before they woke up in Cali and flipped the switch.

patchgenie 03-01-2021 03:15 PM

have to pay to play

The Finest 03-01-2021 03:24 PM

[QUOTE=patchgenie;17057001]have to pay to play[/QUOTE]

Nailed it.

whodatbeastly16 03-01-2021 03:38 PM

It’s interesting that some of the people who seem to want the price change the most are the ones who are sending 1000+ cards into PSA. Meanwhile the little guy, me, ain’t gonna send in 10 cards at these crazy prices. I don’t get what was so wrong with getting base cards graded. This will likely just make the base cards worth more, pricing more people out of PSA. In reality they should’ve just made more hires and increased a little bit. Now they’re charging double or more? What makes their service that much better all of a sudden

mimaalni 03-01-2021 03:39 PM

PSA
 
[QUOTE=dasiegel;17056727]it's gotten out of control. especially if it's for your PC. there are enough nice display cases out there where i don't need the psa 10 case for that type of premium.[/QUOTE]

Other displays might look nicer but price premium that PSA card gets makes it impossible to pass up when grading. PSA will always be the leader and will always whale on others.

tjforce 03-01-2021 03:45 PM

[SIZE="4"]Buh BUh BuH bUH NAT IS ONE OF US!!!!![/SIZE]

Look, as a business operator, good move for him and his group. I'm sure it was pretty easy to put together some demand analysis that said 'raise prices at the expense of demand and become more profitable'.

But for all the Nat fanboiz that expected him to put the collector's best interest in mind, sorry you we're duped. A savvy businessman snatched up a company he understood to put more money into his and his investor's pockets. Nothing more.

DajuanWagner 03-01-2021 03:48 PM

[QUOTE=bmf;17055189]but what do you have to pay to actually get your cards back in the time PSA promises? :doh:[/QUOTE]


Better yet, how about PSA pay US if they don't meet their own turnaround times???? What's good for the goose, amIright???

Jumpin Astros 03-01-2021 03:54 PM

[QUOTE=tjforce;17057190][SIZE="4"]Buh BUh BuH bUH NAT IS ONE OF US!!!!![/SIZE]

Look, as a business operator, good move for him and his group. I'm sure it was pretty easy to put together some demand analysis that said 'raise prices at the expense of demand and become more profitable'.

But for all the Nat fanboiz that expected him to put the collector's best interest in mind, sorry you we're duped. A savvy businessman snatched up a company he understood to put more money into his and his investor's pockets. Nothing more.[/QUOTE]

$100 per card will increase margins for sure. If, IF, a few months down the road they see their backlog decrease significantly and they want to keep their share of the market, they can just create grading specials or lower prices again if they want to. From a business point of view it makes sense to make more money while the market is this hot. They can adjust down the road if needed. I'm sure Nat and his team counted the cost in raising prices this much. Only time will tell how how the PSA price increases affect the individual card market or different sectors of it.

DajuanWagner 03-01-2021 03:57 PM

[QUOTE=tjforce;17057190][SIZE="4"]Buh BUh BuH bUH NAT IS ONE OF US!!!!![/SIZE]

Look, as a business operator, good move for him and his group. I'm sure it was pretty easy to put together some demand analysis that said 'raise prices at the expense of demand and become more profitable'.

But for all the Nat fanboiz that expected him to put the collector's best interest in mind, sorry you we're duped. A savvy businessman snatched up a company he understood to put more money into his and his investor's pockets. Nothing more.[/QUOTE]



I said the same exact thing once it was announced and said nothing would change. Well, gotta admit. I was wrong. Something did change. Never thought it would be a change for the worse, but, there it is. I was hoping for a change for the better, but, hey, it's 2021. The worse is yet to come, amiright??

Not sure if this was shared or not, but here ya go:


[B][I]Here’s how Nat describes the vision for the new PSA in the press release announcing the closing of the transaction:

"The collectibles markets require scalable, modern infrastructure to support the maturation of the industry, increasing value of collectibles, and substantial demand for grading and authentication services. As a private company, we will have the flexibility to further invest in infrastructure, technology and R&D to reduce turnaround times and increase operational capacity, while protecting and enhancing the integrity and consistency of Collectors Universe’s best-in-class services."
– Nat Turner

It’s a new day at PSA and for your collection. The leading brand just leveled up.
[/I][/B]



Yea...........I apologize for anyone hanging off of Nat right now........

2010GBPackers 03-01-2021 04:01 PM

[QUOTE=dasiegel;17056727]it's gotten out of control. especially if it's for your PC. there are enough nice display cases out there where i don't need the psa 10 case for that type of premium.[/QUOTE]

I'm one who is on both sides of the fence with the new increase in prices. For my high-end collection that is already PSA graded, it's a win. That, though, is secondary to my PC concern.

For my Aaron Rodgers PC, it slows my roll A LOT.

And yes, there are other nice ways to display my PC but 95% of them are all in PSA cases with the other 5% raw and waiting to be graded. What about those who have their PC's primarily in PSA cases? Just leave some raw and the others in PSA cases? My OCD self is dreading that scenario. The reason I chose this route wasn't for the cache and investment purposes of them being in PSA cases, it was because I could get my entire PC into awesome cases for barely a $1 more than a one-touch. PSA haters need to understand (and I know you do, dasiegel) that pre-2016 there were a lot of PC guys using PSA just for the aesthetics of their holders, not because it would increase the value 5x, 10x, 1000x.

Schmoove 03-01-2021 04:05 PM

[QUOTE=tjforce;17057190][SIZE="4"]Buh BUh BuH bUH NAT IS ONE OF US!!!!![/SIZE]

Look, as a business operator, good move for him and his group. I'm sure it was pretty easy to put together some demand analysis that said 'raise prices at the expense of demand and become more profitable'.

But for all the Nat fanboiz that expected him to put the collector's best interest in mind, sorry you we're duped. A savvy businessman snatched up a company he understood to put more money into his and his investor's pockets. Nothing more.[/QUOTE]


Lowering the backlog and getting turnaround times down is what is in the best interest of collectors.

k13 03-01-2021 04:08 PM

Price increase would be fine if you got your cards back in a month from the lowest price tier.

What company takes a year to do anything?

You can build a city in a year.

pingbling23 03-01-2021 04:08 PM

[QUOTE=jcardstore;17056749]Yea, gotcha. I honestly don't like anything other than PSA, personal preference.

I'd take a PSA10 to display over a BGS Black label any day.

As for the PSA9/10 price premium just looking at the number 9 on the case bothers me so I'll pay whatever the 10 premium is no matter what because it looks better to me on my shelf or in the cabinet.

I like uniformity and unless it's vintage or something crazy rare there's no reason for me to be putting out 9s on display.[/QUOTE]

i get personal preference but it would be hard to choose a psa 10 over a bgs 10 black label. the psa 10 could easily grade a bgs 9.5 so i think a bgs 10 or black label 10 would be the better card more times then not.

tjforce 03-01-2021 04:09 PM

[QUOTE=Schmoove;17057289]Lowering the backlog and getting turnaround times down is what is in the best interest of collectors.[/QUOTE]

No.... ramping up operations, finding efficiencies to provide a better service is what is in the best interest of the collector.

This is just a cash grab. Which again... I'm a capitalist, more power to em. But it's not a value add to the collector.

tjforce 03-01-2021 04:10 PM

[QUOTE=k13;17057300]Price increase would be fine if you got your cards back in a month from the lowest price tier.

What company takes a year to do anything?

You can build a city in a year.[/QUOTE]

Yes... If price increase came with a promise of reasonable return times... or AT LEAST a promise that my 20 day order that's been in process for exactly 150 days is getting back to me ASAP, then at least I get something out of it.

This benefits PSA.

Cavaliercards 03-01-2021 04:11 PM

Would be nice if this clears backlog and they take a step back in price after that occurs, but we all know that probably wont happen.

BoxBreaker72 03-01-2021 04:12 PM

Stop using them.

Let them feel it.

I know this was a waste. Sorry.

chezball 03-01-2021 04:14 PM

Keep sending those cards in slabheads.

Ericc5Bears 03-01-2021 04:21 PM

Time to protest by sending all our grading orders in toploaders with scotch tape over the top! In all seriousness though express orders were starting to take about 2 months so if these price increases can get regular orders back to the 3ish month turnaround time like it was at the beginning of the summer this won't be the worst thing in the world.

Schmoove 03-01-2021 04:24 PM

[QUOTE=tjforce;17057308]No.... ramping up operations, finding efficiencies to provide a better service is what is in the best interest of the collector.

This is just a cash grab. Which again... I'm a capitalist, more power to em. But it's not a value add to the collector.[/QUOTE]

Outside of capital improvements, which could not even be ready by the time the bubble pops, they are probably running as efficient and as big as possible.

The best thing for the collector, is to get their collectibles back as fast as possible. This is one way to accomplish that.


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