PSA changed prices

[mcley]

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]

Originally Posted by notoriousrmb

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.

Scam of the century!

[dasiegel]

Originally Posted by jcardstore

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

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]

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

[jcardstore]

Originally Posted by dasiegel

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.

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]

Originally Posted by maguirem

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.

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]

have to pay to play

[The Finest]

Originally Posted by patchgenie

have to pay to play

Nailed it.

[whodatbeastly16]

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]

Originally Posted by dasiegel

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.

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]

Buh BUh BuH bUH NAT IS ONE OF US!!!!!

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]

Originally Posted by bmf

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

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]

Originally Posted by tjforce

Buh BUh BuH bUH NAT IS ONE OF US!!!!!

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.

$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]

Originally Posted by tjforce

Buh BUh BuH bUH NAT IS ONE OF US!!!!!

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.

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:


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.




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

[2010GBPackers]

Originally Posted by dasiegel

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.

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]

Originally Posted by tjforce

Buh BUh BuH bUH NAT IS ONE OF US!!!!!

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.

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

[k13]

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]

Originally Posted by jcardstore

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.

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]

Originally Posted by Schmoove

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

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]

Originally Posted by k13

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.

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]

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]

Stop using them.

Let them feel it.

I know this was a waste. Sorry.

[chezball]

Keep sending those cards in slabheads.

[Ericc5Bears]

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]

Originally Posted by tjforce

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.

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.