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Originally Posted by YeahBuddy
If i recall, and if correct, the yield is only that high because their is an agreement to not slab cards less than either 8 or 9 cant remember what was reported. So its only putting out that many as the others arent graded. Theyve been doing business with PSA since almost the beginning, so good for PSA to still be honoring an old business relationship as such.
Good podcast episode recently with 4SC on Stacking Slabs podcast.
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The shear number of 10’s that they get though. I’m sure they are getting 8’s too—but they are doing the same process we are. Screening cards and subbing the likely 10’s. They would not be doing it if they were getting the same 10-20% gem rates on modern that we are! Unless they like losing several hundred dollars on every 100-cards.
My guess is that their gem rate has not changed from the way it used to be. It’s likely still 80% or higher on modern. If it wasn’t—they would stop slabbing many of the cards that they do. It’s simple math. They sell many 10’s for $20-25. Those 9’s would struggle to get $5 if they sell at all. That’s not the business model they are using. They are pulling huge gem rates or you’d see a shift away from low end and towards more higher-end cards being subbed/sold.
Gotta just think. If we all got the same gem rates they did, everyone would do what they do to make the $ they do! If the gem rates were the same for everyone, why aren’t there hundreds/or even thousands of other 4SC’ers businesses out there?