Quote:
Originally Posted by HalfNipponese
Blockbuster
Zenith
Motorola
JVC
AT&T (the first 2 incarnations, at&t is not the same company)
Netscape
Yahoo
IBM
I can go on an on. All these companies were the titans of their industries before they failed to adapt to consumer demand.
|
Agreed. I'm not sure what happens in the short term, but in the medium term the cost of card grading is going to drop-- and the drop will be substantial. Bottom line, it just doesn't take a ton of skill to distinguish a card with visible flaws from card without any-- and when you're looking at ultra modern cards, that's really the only distinction that matters.
Sure, PSA can charge more than the competition because they have some brand equity. But what's that equity worth? 150%? 200%? Maybe, but it sure as hell isn't worth 400%, which is what everyone arguing for 4x price hikes seems to think.
Edit to add: My guess is that the moratorium on submissions isn't to reduce the backlog, really, but rather for Nat and his team to figure out how to integrate the technology needed to get grading fees down to $6 or so per card. At some point the cost of grading will trend towards the marginal cost of grading a card, and I can guarantee you that the marginal cost is not $40 per or whatever.