Regular service returning December 1st?

[panamamyers]

Originally Posted by KhalDrogo

Yes. Because of your arbitrarily defined turnaround times that you want to see, and purely speculative increases in Value turnaround times you think will happen. I’m going to go ahead and trust the people in charge that we’ll continue to see improvements across the board.

Nat was just on the Crossover last week. They’re adding new graders every week. The NJ office is on pace to open in the second half of 2022. Things are improving. I am sorry if people lost money because their cards depreciated during a long turnaround time. Just imagine how bad it would have been if PSA had been able to do 10 million output in a couple months.

You still are not understanding or are just trolling for fun.
It's ok though. It's a complicated concept that some may not be able to comprehend.

[panamamyers]

Originally Posted by oddstuff

At some point, as more people get burned grading base, they will eventually stop...as there are not enough buyers to support all the graded base cards...which will then in turn reduce submissions...until the grading costs gets back closer to where it may be profitable again to grade low end stuff. Time will tell which way the hobby sways to. As long as there are buyers at each price point/service level, sellers will grade.

PSA could easily make as many cards be submitted as they would like. Just keep lowering the price and people will come upon a sweet spot for grading eventually. Even base if they get the price low enough. It costs little more to grade per card now than it did when they were charging $10 per They could still charge that same price or close to it if they wanted to generate the submissions to feed i to the grading capacity that they create.

[The_Reverend]

Originally Posted by panamamyers

PSA could easily make as many cards be submitted as they would like. Just keep lowering the price and people will come upon a sweet spot for grading eventually. Even base if they get the price low enough. It costs little more to grade per card now than it did when they were charging $10 per They could still charge that same price or close to it if they wanted to generate the submissions to feed i to the grading capacity that they create.

Bingo!!! I can wait! Heck, waiting has become normal now, but I would rather wait with my cards in hand then at PSA now. Why? If a player pops and I have it, I can express it and get it back and sell it!

[Cards and 401K]

Most of my cards have MLB ballplayer average age of 22 years, so a little safer with the 12 to 16 month bulk turn around.

[imbluestreak23]

Originally Posted by panamamyers

PSA could easily make as many cards be submitted as they would like. Just keep lowering the price and people will come upon a sweet spot for grading eventually. Even base if they get the price low enough. It costs little more to grade per card now than it did when they were charging $10 per They could still charge that same price or close to it if they wanted to generate the submissions to feed i to the grading capacity that they create.

They could for sure. I just crunched my numbers on a 366 card order that sold via consignment Thanksgiving day weekend (transcribing this from one excel to another is a labor of love), and the results are fascinating. Overall, I did very well, but it's interesting to see what I did well in and what absolutely was a miss. Basically anything UM basketball got crushed. I had gem mint luka RCs that were a net negative (not all, but most). Chronicles basketball from the flood? Pshh, negative. Select/Optic, depends on the grades and the players. Trae 9s and 10s were all positive. Ja, depends on the grade, Zion, same.

Not really sure if I'm even making a point but it's going to be fascinating to watch what happens when lower tiers open up, even if at the same low prices we've seen before, to see if this stuff is still profitable, especially with everyone wanting to do it now.

[The_Reverend]

Originally Posted by imbluestreak23

They could for sure. I just crunched my numbers on a 366 card order that sold via consignment Thanksgiving day weekend (transcribing this from one excel to another is a labor of love), and the results are fascinating. Overall, I did very well, but it's interesting to see what I did well in and what absolutely was a miss. Basically anything UM basketball got crushed. I had gem mint luka RCs that were a net negative (not all, but most). Chronicles basketball from the flood? Pshh, negative. Select/Optic, depends on the grades and the players. Trae 9s and 10s were all positive. Ja, depends on the grade, Zion, same.

Not really sure if I'm even making a point but it's going to be fascinating to watch what happens when lower tiers open up, even if at the same low prices we've seen before, to see if this stuff is still profitable, especially with everyone wanting to do it now.

Knowing you your buyin had to be low and the cost of grading cheap. The fact you had a negative on Luka PSA 10’s is surprising.

[imbluestreak23]

Originally Posted by The_Reverend

Knowing you your buyin had to be low and the cost of grading cheap. The fact you had a negative on Luka PSA 10’s is surprising.

I should correct, it was some not all. One big example was an Optic Luka PSA 10 that I paid $280 raw for that sold for like $250.

I would absolutely HATE to be at the fail end of this 7.5 million backlog and have any UM basketball in it. Ugh, gotta be dreadful.

edit: Football did amazingly well, especially Patty Cakes which was expected despite his rough year.

[The_Reverend]

Originally Posted by imbluestreak23

I should correct, it was some not all. One big example was an Optic Luka PSA 10 that I paid $280 raw for that sold for like $250.

I would absolutely HATE to be at the fail end of this 7.5 million backlog and have any UM basketball in it. Ugh, gotta be dreadful.

edit: Football did amazingly well, especially Patty Cakes which was expected despite his rough year.

For sure. The blood bath for the end of the line people will be bad. Gonna let you know something on IG.

[pachyderm]

Originally Posted by The_Reverend

For sure. The blood bath for the end of the line people will be bad. Gonna let you know something on IG.

2019 basketball pop is at 1.6 million and 2019 Prizm basketball is at 500,000 with only a third of the backlog finished.

[jewcer2k5]

Originally Posted by pachyderm

2019 basketball pop is at 1.6 million and 2019 Prizm basketball is at 500,000 with only a third of the backlog finished.

Prizm pop is not gonna grow nearly as much as mosaic and chronicles when they start hitting the bulk/value orders.

[ThoseBackPages]

if the player makes it, the pop report does not matter

[Wax]

Regular Service is back. I assume PSA will make an announcement tomorrow, but for some dealers, they already have the option.

[BRob1]

Sent from my iPhone using Tapatalk

[k13]

Originally Posted by panamamyers

PSA could easily make as many cards be submitted as they would like. Just keep lowering the price and people will come upon a sweet spot for grading eventually. Even base if they get the price low enough. It costs little more to grade per card now than it did when they were charging $10 per They could still charge that same price or close to it if they wanted to generate the submissions to feed i to the grading capacity that they create.

You think want to send in worthless cards and wait over a year again for them to be even more worthless.

They'll never have a fast turnaround time for bulk.

[hammerva]

I kind of wish there was a "to be Pop" report because I would love to see how Henry Ruggs card are still waiting to be processed knowing they are almost guaranteed to be in the trash

[pachyderm]

I wonder if the EPA will investigate PSA for creating all the plastic waste after PSA gets through all that ultra modern base card trash in the backlog. Remember the backlog is cards that were supposed to be valued at under $200 at the peak of the market in 1Q2021. I assume there will be very few parallels or inserts in there.

[Skunkbush]

Originally Posted by pachyderm

I wonder if the EPA will investigate PSA for creating all the plastic waste after PSA gets through all that ultra modern base card trash in the backlog. Remember the backlog is cards that were supposed to be valued at under $200 at the peak of the market in 1Q2021. I assume there will be very few parallels or inserts in there.

Why dont people just ask for their cards back if they sent in that kind of junk? The writing is on the wall for those subs.

[Woodsy074]

Originally Posted by Skunkbush

Why dont people just ask for their cards back if they sent in that kind of junk? The writing is on the wall for those subs.

You can if they are still in R&ID. All you have to do is pay return shipping.

Once it hits GRADING then it is too late and you will have to pay for the order.

[hammerva]

Originally Posted by Skunkbush

Why dont people just ask for their cards back if they sent in that kind of junk? The writing is on the wall for those subs.

I am guessing but there are a few issues:

1. it seems from looking at PSA reveals that most people don't even remember what they sent because the wait is so long. Or they sent so many it just get blurred
2. PSA probably doesn't want to it because then have to add some kind of refund process. Plus the constant checking from users to see which ones to stop working on

Also knowing collectors while I am sure on December 9th they would ask their card back a couple weeks later they will say forget that. And then a month later ask the card to be backed out

[k13]

Originally Posted by panamamyers

PSA could easily make as many cards be submitted as they would like. Just keep lowering the price and people will come upon a sweet spot for grading eventually. Even base if they get the price low enough. It costs little more to grade per card now than it did when they were charging $10 per They could still charge that same price or close to it if they wanted to generate the submissions to feed i to the grading capacity that they create.

They could never charge $10 again because of inflation/logistics.

Ja/Zion opitcs sell for $20-$30 graded...
What are you going to be grading with such huge volumes?

By the time PSA is even close to $50 let alone $25 these cards are going to be worth even less.

When your top rookies sell for $10-$20 graded....what are you going to be grading?

[Skunkbush]

Originally Posted by k13

They could never charge $10 again because of inflation/logistics.

Ja/Zion opitcs sell for $20-$30 graded...
What are you going to be grading with such huge volumes?

By the time PSA is even close to $50 let alone $25 these cards are going to be worth even less.

When your top rookies sell for $10-$20 graded....what are you going to be grading?

I disagree with this. Ebay sold 45 million cards in 2020. People are moving towards slabbed cards in their collections versus raw. Even if you took the flipping aspect of it out, there will still he a large consumer base for graded cards.

[mc1]

Originally Posted by k13

They could never charge $10 again because of inflation/logistics.

Ja/Zion opitcs sell for $20-$30 graded...
What are you going to be grading with such huge volumes?

By the time PSA is even close to $50 let alone $25 these cards are going to be worth even less.

When your top rookies sell for $10-$20 graded....what are you going to be grading?

If PSA opens up bulk at $25-30 they will get lots of cards. Not as much as at the sub-$20 levels, maybe not many UM rookies. They will get a steady flow.

Many people know its true, no matter how hard you try to deny it.

[seanbros55]

$100 per card AND with limited allocations...just got the email.

[jetcollectibles]

Originally Posted by seanbros55

$100 per card AND with limited allocations...just got the email.

I noticed in the FAQs they said they anticipate lower-priced service levels like Economy and Value to return mid 2022.

[KhalDrogo]

PSA remains committed to allocating over 80% of our grading resources to processing orders in the backlog. The re-introduction of Regular will not slow the processing of the backlog of Value orders.