2023 PSA New Pricing and Declared Values

[oddstuff]

Originally Posted by Cracktoast

Really didn't want to make yet another PSA thread so figured I'd ask here. I would really like opinions on what service level to go with. I have 3 Ohtani base Rc's 2 that avg in PSA 10 around $150 each and 1 that only has 2 sales this year across all platforms according to 130 pt at $300 and $290.

Would you go Value $24.99 65 day turn around which means realistically 4 months (Aug/Sep) or Value Plus $39.99 20 day turn around which realistically means ( Late June/Early July) most likely.

What happens if 1 or 2 of the 3 end up with a 9? Do you at least break even with all the fees involved with grading/shipping/selling fees?

[prospectorgems]

Originally Posted by Cracktoast

Really didn't want to make yet another PSA thread so figured I'd ask here. I would really like opinions on what service level to go with. I have 3 Ohtani base Rc's 2 that avg in PSA 10 around $150 each and 1 that only has 2 sales this year across all platforms according to 130 pt at $300 and $290.

Would you go Value $24.99 65 day turn around which means realistically 4 months (Aug/Sep) or Value Plus $39.99 20 day turn around which realistically means ( Late June/Early July) most likely.

Originally Posted by bojesphob

If you're selling, the value + might be better, but that means around 140 in grading costs, which will be about 1/3rd your net sales, including selling fees. 400 profit doesn't sound terrible though. I guess the question is will that value be there in 4 months when you might get it back so you can sell? If not, then you'd definitely be better off doing value + just so you don't miss out on some of that value. If the value would be the same, though, you'd make an additional 45 dollars being patient for an additional 45 business days.

Plus technically you should figure in the shipping to/from in your overall grading cost. If you aren't in a rush to get them back I would do the value. Plus never a guarantee you are going to get 10's.

[ddearing]

Anyone expecting a bulk special for May? You'd have to think submissions were down in April because of no specials for Sports or TCG, but who knows how much backlog there is. This would be the last monthly special for sports with any hope of getting them back in time for the National.

[bojesphob]

Originally Posted by ddearing

Anyone expecting a bulk special for May? You'd have to think submissions were down in April because of no specials for Sports or TCG, but who knows how much backlog there is. This would be the last monthly special for sports with any hope of getting them back in time for the National.

I would say no at this point. Their estimates are still 65+ business days, and orders that are already in the system are still taking forever. I'd say until we start seeing things move quicker and/or their sub numbers going down, we won't be seeing one for a while.

[KPOD]

Probably a Star Wars special for May (as is tradition for them), but nothing at the bulk level beyond that

[oddstuff]

There could be a lot of TCG with submitted form date prior to the 4/8 price bump. The mailed packages are still trickling in along with a lot of volume sitting waiting to be graded over the next 30-60 days. Through yesterday, gemrate shows 1.466 million graded this month with 2 more days to go. TCG is accounting for over 60% of all submissions. The TCG price bump probably won't start affecting submission volume until June....if at all. A bulk sports special won't happen until PSA sees their TCG submission volume trending down significantly.

[thenightman]

Originally Posted by ddearing

Anyone expecting a bulk special for May? You'd have to think submissions were down in April because of no specials for Sports or TCG, but who knows how much backlog there is. This would be the last monthly special for sports with any hope of getting them back in time for the National.

At this point, I expect a price increase more than I expect a special.

[Raleigh504]

I just assume the specials for each month are what they are seeing a slow down in. I would assume graders are broken up by type (modern, vintage, tcg, autos, tickets, etc) and whatever they are needing more of then that is what the special will be.

I sent some tickets in to get graded and still waiting on them so it shouldn't be that. Not sure if there are any needs for more items in one area, and if not then it would be probably service level decrease, maybe a new release discount (2024-2025 cards) to hopefully get people to send it tons of base of new releases.

[ddearing]

They could run a basketball modern special for the playoffs with no real impact to submissions probably. Nobody is breaking 2024-25 basketball for large volume grading like they did last year for Wemby. And prices on Wemby stuff are low enough that it's not wroth grading a lot of the cheaper cards. 2024-25 Prizm retail basketball selling under MSRP everywhere. Castle being named ROY was a non-story.

[Raleigh504]

Service Specials and Funko specials this month.

They do have an autograph Encapsulation Special but when I was going through it to test and see what the upcharges were I kept getting the same price as before. Any idea to actually see it?

[bojesphob]

Originally Posted by Raleigh504

Service Specials and Funko specials this month.

They do have an autograph Encapsulation Special but when I was going through it to test and see what the upcharges were I kept getting the same price as before. Any idea to actually see it?

It just rolled over, so I'm betting the prices haven't been moved into production yet, or they haven't realized it didn't change. Could always email their support and mention that the pricing hasn't updated, they may not know it didn't update yet.

[oddstuff]

As expected...the June not very special "special"...they're trying to get more memberships with the $18 vintage offer (1960 to 1989; 10 card minimum, declared value $400 or less)...4 month turnaround time.

[PoPCulture]

The actual line they are using to push the singular June “Special”…

Hitting Rewind
Holding anything from the 1960-1989 era?
Time to submit for serious savings.

[KPOD]

Does anyone remember or know if they’ve ever ran a monthly special on dual service cards? I see it’s $25 with a membership and quantity of 20+, just curious if that is the price it’s been the past few years?

[thenightman]

Originally Posted by PoPCulture

The actual line they are using to push the singular June “Special”…

Hitting Rewind
Holding anything from the 1960-1989 era?
Time to submit for serious savings.

People will submit knowing full well PSA torches cards that old.

[Hellcat]

Well it finally happened I had an order lost/stolen at FedEx. Thankfully it was coming back from PSA and no grail cards were in the order but some nice ones. 20 card bulk insured value is $10,000. How do they determine how much money I get for this? Who is going to pay me FedEx or PSA? It's never happened to me before so sorry for all the questions.

[Hellcat]

Nobody has ever had to make a claim with a lost/stolen package coming back from PSA?!

[towerymt]

Originally Posted by Hellcat

Well it finally happened I had an order lost/stolen at FedEx. Thankfully it was coming back from PSA and no grail cards were in the order but some nice ones. 20 card bulk insured value is $10,000. How do they determine how much money I get for this? Who is going to pay me FedEx or PSA? It's never happened to me before so sorry for all the questions.

Awful. Keep us updated. Is 10k the total max declared value? Hopefully PSA doesn't try to value each card, post grading, and claim that (lower) amount.

I do think this is a question for PSA to answer.

[jcmel323]

I wouldn’t be surprised if they’re already reading this and trying to find a way to avoid paying the declared amount.

[Hellcat]

Yeah its the flat $500 per card coverage per there guidelines. So $10,000 I was billed for in shipping and insurance.

[towerymt]

Originally Posted by Hellcat

Yeah its the flat $500 per card coverage per there guidelines. So $10,000 I was billed for in shipping and insurance.

From what I can find as the historical PSA shipping costs, the current pricing is lower. I suspect they have enough data to know on average how much lower the coverage should be compared to the max insured value (previously, declared value).

So you pay based on $10,000 max insured value, but PSA has lowered the actual shipping cost to align with their expectation of the actual insured value, on average, of a 20-card order at $500 max per card.

Previously 20 cards at $10,000 would have been ~$60 return shipping.
Now it's ~$45.

Found this PSA shipping cost charge from Feb 2024:


Today:


If you send a card worth $200 in PSA-10 and it received a 10 and max insured value is $500 and it gets lost on the way back to you, PSA will be paying out ~$200.

I believe PSA made this change to establish their future counter-argument for when your order gets lost and you claim you paid for $10,000 insurance coverage.

What is Max Insured Value?
Max Insured Value is the highest compensation you can receive for a damaged or lost collectible.

The payout is based on the degree of damage or loss, and is limited to the lower of the item's fair market value or the Maximum Insured Value for your selected service level.

PSA does not provide insurance for inbound packages. Coverage for each item begins when PSA confirms its arrival at our facility and continues until it reaches its next destination.

What is Max Insured Value?
The highest amount you can receive as compensation for a damaged or lost collectible. The actual payout amount is based on the degree of damage or loss and is always limited to the item's fair market value.

Learn more
Terms & Conditions

Here's one example - '82 TT Ripken PSA-10.

https://www.psacard.com/auctionprice...pken-jr/261721

If you can find data at PSA like this, go look for it now and see what you can find.

Prepare for what they might offer, because it won't be $10,000 for your 20-card order.

[thenightman]

Originally Posted by Hellcat

Well it finally happened I had an order lost/stolen at FedEx. Thankfully it was coming back from PSA and no grail cards were in the order but some nice ones. 20 card bulk insured value is $10,000. How do they determine how much money I get for this? Who is going to pay me FedEx or PSA? It's never happened to me before so sorry for all the questions.

This is why I have a PO Box. If you have one, your cards are shipped by USPS, not FraudEx.

[YeahBuddy]

They'll comp the cards and pay you on that.

I had two raw cards they damaged and they paid me raw card comp only and not the highest comp either. I tried to argue that point to no avail

Ironically enough one card they claimed was damaged didnt look damaged to me, I put it on ebay and it sold setting the newest highest comp.

But yeah. I suspect since yours were actually graded it should be an easier process determining values.

[Hellcat]

Low and behold the package mysteriously showed up! Thanks for rhe information guys!

[jtclockwork]

Originally Posted by YeahBuddy

They'll comp the cards and pay you on that.

I had two raw cards they damaged and they paid me raw card comp only and not the highest comp either. I tried to argue that point to no avail

Ironically enough one card they claimed was damaged didnt look damaged to me, I put it on ebay and it sold setting the newest highest comp.

But yeah. I suspect since yours were actually graded it should be an easier process determining values.

I argued PSA up on mine when they damaged a card. I asked them to send pictures of the damage and compared it with the pictures I took of the card before I sent it out, arguing they damaged the card more than they originally thought and provided additional comps.