PSA briefly opened Economy service level allocations for its Collectors Club members Wednesday at a cost of $50 per card. Members had to get into an online queue and were awarded a certain number of submissions that will have to be completed in 15 days. They promised more allocation events would be held in the near future and that it would also be running similar events where a membership is not needed to join
The declared value for those Economy submissions was increased to $999 per card, with expected turnaround times of no less than three months.
The company says it’s putting 80 percent of its grading and authentication resources into the ongoing backlog, which it claims has been reduced by 40%. Millions of cards submitted earlier this year have yet to be graded and returned to customers, however.
PSA says it will also be opening up its Collectors Club memberships again “in the coming months.”
The rapidly growing marketplace for trading cards has pushed PWCC Marketplace to scrap its monthly auctions in favor of a weekly format beginning in 2022.
Auctions will open on Thursday and run for ten days with 52 events planned. There will be a buyer’s premium of 20%, calculated up front and displayed on the platform while the auction is in progress.
“The Monthly Auction format we launched three months ago exceeded even our most optimistic projections,” said Jesse Craig, Director of Business Development at PWCC. “The number of new bidders and sellers, the number of items we’ve had up for auction, the number of bids, and the sales figures have all been exceptional.”
PWCC’s Premier Auction remains unchanged and will operate as a monthly auction ending on set Saturdays throughout the year.
Marco Rol, a longtime dealer and promoter who created the CSA shows in Chantilly, VA before selling, passed away last Saturday.
Rol opened a sports card shop in Charlottesville, VA in the 1980s before branching out into show promotion in the southeast. He began promoting the Chantilly show in 1996 and ran it before selling to the current group of owners in 2013.
One of the first big shows of the new year is set. JP Sports will host a 200 table show at the Westchester Marriott in Tarrytown, NY January 15 and 16.
Among the autograph guests: Don Mattingly, CC Sabathia, Chris Chambliss, Lou Piniella, Alan Trammell, Dave Parker, David Cone and Brian Leetch.
Show hours are:
Saturday 10:00am – 6:00pm
Sunday 10:00am – 4:00pm
Admission is $10. Masks will be required for dealers and attendees due to New York state mandates.
Is the digital age compatible with physical cards? Can they complement each other? Such questions are posed in this piece from Sportico/Yahoo.