Recent PSA Gem Rate

[Spacemanspif]

I went 50% on a bulk sub from January and generally higher on big money cards that I spend more time on. People getting 10% or whatever aren’t looking at the cards hard enough. Grading standards have probably tightened but that’s a good thing. At the beginning of the year Luka Prizms had close to 80% gem rate which was absurd, especially when you can find a flaw on most of the ones you see in slabs

[Vegemight]

If PSA has adjusted their grading criteria that should be clearly, and honestly, communicated to collectors.

It will be interesting to see, if they have indeed toughened their grading, whether some people now turn to, or return to BGS?

Prior to the alleged change if you had a card that you were confident would grade Gem, you were faced with choosing between sending to BGS for a possible 9.5, or send to PSA for a possible 10.

Unless you had money to burn, or were very confident in assessing the condition of your cards, you likely wouldn't send a largish order to BGS in the hope of getting a couple of 10s, and since PSA 10s were getting higher prices (in some cases much higher) than BGS 9.5s we can understand why PSA was flooded with orders.

If a higher proportion of cards that would meet the criteria of a BGS 9.5 are now going to get a PSA 9, will we see a realignment of the assessment of relative value?

Will a BGS 10 and a PSA 10 move towards having the same value, or will we see a narrowing of the difference between a PSA 10 and a BGS 9.5, and a return to the days when these two were considered interchangeable?

Perhaps, as noted above, we'll have 'new PSA' and 'old PSA' prices?

More ammunition for the 'grading is a scam' believers I suspect.

[skillovermyluck]

Originally Posted by Vagrant

this is because PSA doesn't want accounts grading cards for other people. they make more money if the people submitting through others for bulk rates make their own submissions, become comfortable with the process, and start sending their own cards. perhaps even join the collector's club. they don't want people subbing cards at $8 when they could be subbing at $20 to a higher tier service. when people start realizing that group subs are getting hammered, they're going to move on. that's what PSA wants. they're doing so much business now that the large bulk submissions put together by multiple people are just bad financially for them when their graders could be grading only higher tier submissions and still stay busy all day. it hurts the average grader's hourly to be doing bulk submissions.

if there's one thing in this current climate that I would never do, it's submit through someone else. they're trying to force people gaming their submission prices out of the business.

they have service levels for cards with higher values. that way they make more $$ instead of flat fees. it would kill their business. people are lazy and crazy. most dont want to deal with having to do everything themselves, they dont want to mess up anything, and they will just become a nuisance to their customer service dept like you have no idea. Submission center approved ppl are a good buffer for them.

Originally Posted by kobebeast2020

How would that explain a vet grader going from 80% to less than 5 ??

maybe that vet grader was never good at reviewing cards before sending. or the small stuff that they did not see affecting grades is now being caught by graders. maybe psa has better system with information for graders to use to properly grade cards. like communication from topps or panini as far as how the particular set of cards is suppose to look if it were a psa10.

i forgot to quote the guy asking how would psa know if the submission were all cards owned by submitter or by multiple ppl.
they would not know, but it becomes very obvious if when a submission comes in there are many of the same cards spread thru out the order. like if one customer has 3 tatis rc's, and another 1, and another 6. a submitter would separate the cards so as to be able to identify which person owns the psa10 vs the psa9, where they to come back like that.
versus if it was cards all owned by submitter, that person would not do that. they would put all same cards in order and just count how many they have and input in system and fill out forms that way.

[BlownOut]

Originally Posted by BBases31

At some point the market will adjust and PSA 10s graded after a certain date(via serial #)will carry a premium. It won't be long until people start advertising "NEW PSA 10" in their listings.

More likely that the price difference between the "old" PSA 10's will become less with a true gem BGS 9.5 and the "new" PSA 10's will maintain the same premium over BGS 9.5's as they do today.

[kobebeast2020]

Curious as to when did Beckett start with their 4 sub grades ?

[ttyler516]

my quarterly special jordan sub i only got 8/64 10s

[Dobber2330]

I am getting back a 31 card ultra modern order this week.

18 Gem out of 31 cards.

One 8 and one 8.5

11 9’s

[rudyjustinfarrell]

My last sub was about 66% PSA 10's, the rest PSA 9's.

Everything was modern. I looked at everything twice (with magnification), and even had one more set of eyes look at everything. I am by no means a "vet" at submissions, but I've done my share.

[BBases31]

Originally Posted by rudyjustinfarrell

My last sub was about 66% PSA 10's, the rest PSA 9's.

Everything was modern. I looked at everything twice (with magnification), and even had one more set of eyes look at everything. I am by no means a "vet" at submissions, but I've done my share.

Did you think they were all sure 10s? Or were some of them in the category of "this is likely a 10, but X minor flaw could make it go either way"

[BRob1]

We’re probably not far away from people touting the cert date in listings. Personally I would pay more for a recently graded 10 Luka than I would for one graded 18 months ago.

[rudyjustinfarrell]

I thought they all had a chance at 10s. But when you have multiple of anything in front of you (grader) it is easier to compare apples to apples. If nothing else? One card may just look "prettier" than the card on the right or left of it.

Sent from my SM-G930V using Tapatalk

[BRob1]

Originally Posted by rudyjustinfarrell

I thought they all had a chance at 10s. But when you have multiple of anything in front of you (grader) it is easier to compare apples to apples. If nothing else? One card may just look "prettier" than the card on the right or left of it.

Sent from my SM-G930V using Tapatalk

The psychology of sending multiples of the same card in is interesting...I have 2 identical cards on the way back from PSA...imo they were both beautiful copies. When compared side by side one was centered slightly better than the other.

My guess on % chance at grades:

50% chance at a 10 and a 9
30% chance at 2 10’s
20% chance at 2 9’s

Should be arriving Wednesday, I’m going to wait until then to see the grades.

[KepCards]

Originally Posted by Vegemight

If PSA has adjusted their grading criteria that should be clearly, and honestly, communicated to collectors.

It will be interesting to see, if they have indeed toughened their grading, whether some people now turn to, or return to BGS?

Prior to the alleged change if you had a card that you were confident would grade Gem, you were faced with choosing between sending to BGS for a possible 9.5, or send to PSA for a possible 10.

Unless you had money to burn, or were very confident in assessing the condition of your cards, you likely wouldn't send a largish order to BGS in the hope of getting a couple of 10s, and since PSA 10s were getting higher prices (in some cases much higher) than BGS 9.5s we can understand why PSA was flooded with orders.

If a higher proportion of cards that would meet the criteria of a BGS 9.5 are now going to get a PSA 9, will we see a realignment of the assessment of relative value?

Will a BGS 10 and a PSA 10 move towards having the same value, or will we see a narrowing of the difference between a PSA 10 and a BGS 9.5, and a return to the days when these two were considered interchangeable?

Perhaps, as noted above, we'll have 'new PSA' and 'old PSA' prices?

More ammunition for the 'grading is a scam' believers I suspect.

You can't come out and SAY you have changed your guidelines, because that would fly in the face of how they used to grade...it would just cause too much confusion about when a card was graded etc...

[trmpetyjo]

I wonder if all the extra submissions have had anything to do with it? Weren't they so swamped recently that they put a hold on submissions? or extended the return dates because of so many people sending stuff now because of the price explosions on everything prizm and shiny?

If they start handing out 9's instead of 10's that will curtail all the extra stuff from coming in a bit. Why sub a 3 dollar Rc card, when chances are it gets a 9?

Just a possible theory, probably not the case though