PSA and PSA/DNA have certified over 27.4 million items since its 1991 founding, with an estimated value of $2 billion. Demand for its services has increased significantly in recent years. PSA and PSA/DNA now certify 150,000 items per month.
The information was offered by executives representing Collectors Universe, parent company of PSA and PSA/DNA. They offered insights on the firm during a presentation at the 19th annual Needham Growth Conference in New York. The conference is one of the largest growth stock investment conferences in the country, with more than 320 presenting companies and over 2,000 attendees including senior company executives, over 1,250 institutional investors and others.
Increased demand for grading and authentication has resulted in larger revenues for the company. PSA’s trading card revenue in 2016 was listed at $10.8 million–$3.2 million more than in 2012 while PSA/DNA’s revenue was $5.1 million in 2016 compared to $3.7 million five years earlier.
CU’s PCGS coin grading service, founded in 1986, is responsible for the bulk of the company’s business. Since launch, they’ve authenticated and graded 34.7 million coins with an estimated value of $34 billion.
In addition to its Orange County, CA headquarters, Collectors Universe has offices in New Jersey, Paris, Hong Kong and Shanghai and employs over 300 people.
Upper Deck has signed Hall of Fame goalie Patrick Roy to an exclusive autograph deal. The company says it’ll include autographs from the four-time Stanley Cup champ and three-time Stanley Cup Finals MVP in this season’s products.
Roy has also signed special memorabilia pieces for the company’s online store.
The army of fans who collect Green Bay Packers memorabilia keeps several shops in Wisconsin not only open but doing a pretty brisk business, even when the team isn’t on a hot streak. One of pro sports’ most historic franchises, the Pack offers plenty of opportunities for collectors to find something interesting.
This year’s team went through a slide at mid-season but broke loose and hasn’t looked back. Before Sunday’s playoff game at Dallas, Fox 6 in Milwaukee stopped by the well-stocked Mr. Z’s to check out the business of Packers stuff.