Running PSA Order Tracker

[robdrobd77]

Originally Posted by LGBuffalo

Anyone else having a fairly long delay between the orders being marked as shipped and then the actual shipping taking place? I’ve had multiple orders marked shipped but I haven’t actually seen them ship yet and I’m working on two weeks with that situation.

I’ll let you know in a few months. My order arrived June 15th and just hit assembly


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[dunkindutchmen]

Originally Posted by TXRunner

Cards have disappeared. Hoping I get that credit card charge alert today.

What sport? Let us know how you did.

[dunkindutchmen]

Originally Posted by inaka

And when you enter the door of the PSA supermarket, the cashiers are all looking down at their phones as the line goes longer and longer, and it takes them around three weeks to even look up and know you're even standing in line.

Orders I submit to PSA are currently running at about 2-3 weeks from arrival just to be entered into the system. Sigh.

What the hell do they use the NJ facility for? Disco dancing?

They were already comically late building a 2nd US location -- card prices were going up consistently well before Covid -- so it's baffling they still have these logistic issues in late 2023.

[Joshi City]

Order Type: Value Plus
Order delivered: 8/7/2023
Order received per PSA: 8/8/2023
Research & ID: 8/9/2023
Grading: 8/24/2023

I have a feeling this one is not going to meet its 20 day estimate but at least it finally got out of Research and ID.

[TXRunner]

Originally Posted by dunkindutchmen

What sport? Let us know how you did.

Baseball and basketball. Got a mix in there. Some baseball prospects (one who I PC), five Jordans, and a Kobe.

[dunkindutchmen]

Originally Posted by TXRunner

Baseball and basketball. Got a mix in there. Some baseball prospects (one who I PC), five Jordans, and a Kobe.

Thanks. Do any of the Jordans/Kobe have a chance at a 10? Seems they've been ultra tight on 90s basketball as of late.

[robdrobd77]

Originally Posted by dunkindutchmen

Thanks. Do any of the Jordans/Kobe have a chance at a 10? Seems they've been ultra tight on 90s basketball as of late.

My 90s sub had 56 cards, 27 of them were Jordans. Mostly base cards that I had many multiples of and picked the absolute Gems to send. We’ll see what happens, but I sent an 88’ Fleer Jordan over the winter and they gave it a “5”. I cracked and resubbed and it got an “8” from CSG. Apples and oranges when it comes to resale, but a three grade difference was concerning, even with the switch to CSG.


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[YouFold2Me]

(No Vaulting)
Order Type: Value Bulk (1980-Present) $19
# of cards: 28 (Baseball/Football)
Shipped: 8/25
Order arrived: 8/28
Order entered:
Order prep:
Research & ID:
Grading:
Assembly:
QA1:
QA2:
List disappeared:
Grades:
Shipped:

[prospectorgems]

Has anyone received any feedback from PSA or found any resources to find out why PSA has slowed way down? I know most of us have noticed it, but I haven't been able to track down any confirmed resources as to why other than the fact I heard that PSA let several people go.

[dunkindutchmen]

Originally Posted by robdrobd77

My 90s sub had 56 cards, 27 of them were Jordans. Mostly base cards that I had many multiples of and picked the absolute Gems to send. We’ll see what happens, but I sent an 88’ Fleer Jordan over the winter and they gave it a “5”. I cracked and resubbed and it got an “8” from CSG. Apples and oranges when it comes to resale, but a three grade difference was concerning, even with the switch to CSG.


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Wow, thanks for sharing. I continue to hear nothing but stories like this.

[imbluestreak23]

I am becoming more and more convinced that PSA might actually try to sell. From the marketing layoffs, to rumors more are coming, to the tremendous slowdown.

Sports card market is 18-24 months past it's peak and still nosediving, but grading demand is still at an all time high. That likely changes in the next 2-3 years. Might as well sell at max valuation

[LondonGames]

Originally Posted by prospectorgems

Has anyone received any feedback from PSA or found any resources to find out why PSA has slowed way down? I know most of us have noticed it, but I haven't been able to track down any confirmed resources as to why other than the fact I heard that PSA let several people go.

Has any of their feedback ever been accurate anyway? They just make things up.

Since they don't guarantee turnaround times they will forever have extended delays as they try to maximize profits by taking in specials to boost profits, with total disregard for customers who have already paid in good faith to receive their grading in the order that they've sent in.

It's okay to some degree to not have FIFO, if all orders are consistently being returned within a stated timeline, but there is zero excuse and it's completely unethical to do what they continue to do. Nat has made continuous empty promises in regards to what the timeframes would be and what customers should expect. He simply doesn't care to run an ethical business.

[DLow206]

I have two monthly special oversized orders in right now, amongst others. First was entered into the system on 8/11, second one entered into the system on 8/21.

The second one is in grading, the first one is still in research. Doesn't make sense to me that the second one is in grading already ahead of the first. Both are vintage oversized, so I would think they should be in the same queue.

[49erRCCollector]

Originally Posted by imbluestreak23

I am becoming more and more convinced that PSA might actually try to sell. From the marketing layoffs, to rumors more are coming, to the tremendous slowdown.

Sports card market is 18-24 months past it's peak and still nosediving, but grading demand is still at an all time high. That likely changes in the next 2-3 years. Might as well sell at max valuation

Is there any indicators of this or just speculation?

I actually like Nat and how the company is operating, mostly. My last two subs were done in a timely-ish manner.

I also think a couple high profile super-rich cowboys went hard into the card market during the absolute peak and I am curious how it all unfolds. I've been very wrong before but I think the whole thing will nosedive more/quiet down a lot here in the future.

[imbluestreak23]

Originally Posted by 49erRCCollector

Is there any indicators of this or just speculation?

I actually like Nat and how the company is operating, mostly. My last two subs were done in a timely-ish manner.

I also think a couple high profile super-rich cowboys went hard into the card market during the absolute peak and I am curious how it all unfolds. I've been very wrong before but I think the whole thing will nosedive more/quiet down a lot here in the future.

I would say just speculation. But I'd say the probability the way I view it has gone from materially improbable to now plausible. EV of grading in aggregate is negative, you have to be really picky and choosy what to send in and you have to wonder how long demand/interest sticks around, especially if:
1) Cards keep sliding - some still have a ways to go
2) Overproduction into the future destroys future value of cards making future cards produced less likely to be graded
3) Continued diminishing gradability of previously produced cards. Finite supply = finite grading opportunities

If Nat got some ridiculous offer from Fanatics now that operationally they've built a TPG mothership, it's not outside the realm of possibility he would accept, especially given Fanatics has stupid money to throw at anything it wants.

[Raleigh504]

Originally Posted by imbluestreak23

I would say just speculation. But I'd say the probability the way I view it has gone from materially improbable to now plausible. EV of grading in aggregate is negative, you have to be really picky and choosy what to send in and you have to wonder how long demand/interest sticks around, especially if:
1) Cards keep sliding - some still have a ways to go
2) Overproduction into the future destroys future value of cards making future cards produced less likely to be graded
3) Continued diminishing gradability of previously produced cards. Finite supply = finite grading opportunities

If Nat got some ridiculous offer from Fanatics now that operationally they've built a TPG mothership, it's not outside the realm of possibility he would accept, especially given Fanatics has stupid money to throw at anything it wants.

Also even resub cards, there are only so many cards that make sense to resub a card or even crossovers too.

Fanatics would be the only logical company to buy PSA unless it is a competitor, which I doubt.

[discodanman45]

No updates on progress, but PSA sent me my third email telling me how awesome vaulting cards and flipping is! Please vault, it may be too late soon...

[msink28]

Grades popped over the weekend for 90s special, arrived 7/10, entered 7/25, popped 8/24.

59 cards graded:
34 10s, 20 9s, 2 8s, 3 7s.

Pleasantly surprised with this gem rate, have certainly had much tougher grades handed to me.

Mostly modern basketball and baseball. Surprise gem of the bunch was a 2008 Derrick Rose Chrome rookie, followed by 02 Bowman Greinke PSA 9. Surprise dud of the bunch was a tie: 2021 Select TLaw PSA 7 and 2021 Nowitzki Orange Ice PSA 7. Still have a ways to go before my all-time historic miss of 1991 UD Favre RC PSA 3.

[YouFold2Me]

Originally Posted by discodanman45

No updates on progress, but PSA sent me my third email telling me how awesome vaulting cards and flipping is! Please vault, it may be too late soon...

LOL

[Jolten Joe]

have a order boxed up and ready to ship but have until 9/5 to send it off. Hoping for a surprise on the 1st and if not will just ship off as is.

[wip328]

Order Type: 10 Day Regular
# of cards: 1
Delivered (USPS): 8/5/23
Arrived (PSA): 8/7/23
Entered: 8/7/23
Research/ID: 8/9/23 (Got email with First View of card on 8/10/23)
Grading: 8/11/23
Assembly: 8/24/2023
QA1: 8/25/2023
QA2: 8/28/2023
Grades: 8/28/2023
Shipped: 8/28/2023 (Shown as shipped but no tracking number)

15 business days total.

Gem MT 10 / Auto 9

[The_Reverend]

What is the longest period of time any of you have waited to have PSA correct their label errors? They have now had my package for over 2 months.

[Woodsy074]

Originally Posted by Raleigh504

Also even resub cards, there are only so many cards that make sense to resub a card or even crossovers too.

Fanatics would be the only logical company to buy PSA unless it is a competitor, which I doubt.

Fanatics sale or going public again are the only real exit options. I don't see an IPO anytime soon so a sale to Fanatics isn't really that far of a stretch to think about.

The question is, is CU supporting itself right now? Not sure how the original buyout and subsequent acquistions (Card Ladder, Wata, Goldin, etc) were financed but rising debt costs have crippled any acquisition made pre and early pandemic that was financed with floating rate debt when rates were still near 0. Wouldn't be shocked if this was the case here and they are in value preservation / cash conservation mode.

[49erRCCollector]

Originally Posted by imbluestreak23

I would say just speculation. But I'd say the probability the way I view it has gone from materially improbable to now plausible. EV of grading in aggregate is negative, you have to be really picky and choosy what to send in and you have to wonder how long demand/interest sticks around, especially if:
1) Cards keep sliding - some still have a ways to go
2) Overproduction into the future destroys future value of cards making future cards produced less likely to be graded
3) Continued diminishing gradability of previously produced cards. Finite supply = finite grading opportunities

If Nat got some ridiculous offer from Fanatics now that operationally they've built a TPG mothership, it's not outside the realm of possibility he would accept, especially given Fanatics has stupid money to throw at anything it wants.

That all makes sense. I grade for PC, historically, but I also sell a few to pay for the sub. That cost/return has to make sense, though. I'm content to wait for specials.

[LondonGames]

are PSA collectors club specials still monthly or just random?