PSA reopened its Value service on Thursday, one of the services that has been suspended since March of last year.
Value service, which is specifically designed for modern cards issued since 1996, follows the company’s resumption of Express, Regular and Economy service levels. The cost is $30 per card with a 20-card minimum.
In addition to the relaunch of Value service, PSA is now opening Economy service submissions for all customers with no Collectors Club membership requirement to submit.
Bulk services haven’t been reinstated and at this point, the lowest priced option for grading pre-1996 cards is still the $50 Economy service.
PSA says it was receiving 500,000 cards per week early last year when it opted to suspend most of its service levels in an effort to catch up. The backlog once stood at more than 12 million cards.
“We never could have anticipated the flood of submissions that we saw last year and our entire team has been focused on getting back to where we are today,” PSA President Kevin Lenane stated.
PSA says its backlog will be cleared by this fall with those existing orders serviced and shipped to customers before new Value orders are processed.
“Investing in technology and other enhancements to expand our ability to meet customer demand has been our biggest focus at PSA,” said Nat Turner, CEO of Collectors. “I’m a collector myself so I deeply understand and appreciate how important the customer experience is for hobbyists.”
PSA says the new 130,000 square-foot facility it will soon be operating in New Jersey should have a positive impact on its grading output.
You knew the thieves were serious when they tore through brick and ripped off metal bars in the back of a card shop in Chicago recently.
As we told you earlier this week, Elite Sports Cards was the victim of the six-figure heist that took place after hours.
Owner Ronnie Holloway is now offering a $100,000 reward to the person who helps the cops find the crooks.
Fox 32 in Chicago has more of the surveillance video and pictures of some of the missing cards, including a low grade Goudey Babe Ruth, a Mickey Mantle rookie card and an unopened pack of 1986-87 Fleer Basketball with Michael Jordan showing. Watch their story below:
——
Look for “multiple products across football and basketball” to be released under the BowmanU brand as part of the new collegiate trading card deal, according to Fanatics.
A longer list of current college athletes who will have cards in those products will be unveiled closer to the fall release dates for the first sets that will be offered under the new deal between Fanatics Collectibles, dozens of colleges and athletes who will be part of the NIL deal.
——
Bidding for the 2020-21 Panini Flawless 1-1 LeBron James Triple Logoman patch card reached $1.2 million within the first 24 hours after the auction opened. With the buyer’s premium factored in, the top bidder is already on the hook for $1.44 million.
Offered via Goldin, the card has been the subject of a large publicity blitz, but another James card in the same auction is also being chased by collectors and investors with deep pockets. A 2003-04 Rookie Patch Autograph graded BGS 8.5 was also at $1.2 million as of late Thursday afternoon.
Related Stories:
Notes: PSA Personnel Moves; SGC’s Grading Times; Topps World Series NFTs; Midwest Shop Burglary
Notes: SoCal Breaker Burglarized; PSA Parent Impressing Investors; Leagues Invest in Fanatics; New Fractional Entry
Notes: Ohio Shop Burglar Thwarted; TN Man Charged with Mail Theft, More
VIDEO: Burglary at Card Shop Results in $100K Loss
Chicago Card Shop Owner Recovers 5 High-End Cards Stolen In Late May
Suspects Arrested in New Hampshire Card Shop Burglary
Sports Collecting Year in Review: Corporate Moves and Crime
Police Hunt Suspected PA Shop Burglar
