The milestone was reached when the company graded and authenticated a 2013 Leaf Metal Draft Kris Bryant autographed baseball card that was graded PSA Gem Mint 10. The card is pedigreed on the insert label as the 25,000,000th PSA item.
“After PSA’s founding in 1991, it took seven years to reach the one million milestone, but since 1998, PSA has averaged well over a million submissions annually. We reached the 20 million mark in November 2012. The combined total value of the 25 million sports, entertainment and historical collectibles that PSA experts have now examined, authenticated and certified is well over $1 billion,” said PSA President Joe Orlando.
An Arkansas judge awarded Christopher Cathey almost $1.3 million in damages Friday for loans he made to photo archivist and sports memorabilia dealer John Rogers.
Cathey sued Rogers and his Sports Cards Plus business early this year, saying he loaned his childhood friend hundreds of thousands of dollars and personally guaranteed other loans Rogers received.
Cathey says Rogers never paid him the more than $400,000 in principal and interest he was owed for investing in the photo archives of an Oklahoma newspaper, to buy sports cards and to “keep the doors open.”
Rogers, who is facing 12 civil lawsuits in connection with unpaid loans, was an investor in Legendary Auctions in addition to dealing in newspaper photo archives and sports memorabilia.
Cathey’s attorney told Arkansas Online he believed much Rogers’ photo archive business was essentially a Ponzi scheme and also discussed the chances of his client ever seeing the money he’s owed.