PSA says it has nearly doubled operating capacity through the first nine months of 2020 but the volume of submissions has doubled, too, and the company’s gigantic backlog of orders is still growing.
Earlier this year, PSA reported a backlog of nearly 1.5 million items and customer wait times for all but the highest level of services was well beyond advertised levels. That’s still the case and PSA announced a series of measures Thursday aimed at trying once again to stem the tide.
The California-based authentication and grading company has now temporarily suspended acceptance of new trading card and dual service economy submissions. They’ve also raised prices for some service levels but they’ve also lowered the minimum number of cards required to use their lowest cost service.
They’ve also picked a group of authorized dealers to act as preferred group submission centers.
You can get the details on all of the moves here.
The recently launched fractional sales platform Collectable sold 10,000 shares of a PSA 10 1986-87 Fleer Michael Jordan rookie card Thursday morning. Shares were priced at $10 and were all sold within nine minutes.
The Los Angeles Rams have launched Rams Auctions, an official auction site where fans can bid on Rams memorabilia, game-worn gear, autographed items and more.
All proceeds from the auction sales and donations will benefit the Los Angeles Rams Foundation in support of the team’s community outreach programs.
He’s found a home in Miami and is hoping to lead his team to a championship but one of Jimmy Butler’s old Minnesota Timberwolves jerseys is on the block through NBA Auctions.
MeiGray Auctions is hosting a Washington Capitals puck auction from this year’s qualifying tournament and Stanley Cup playoffs.
Eighteen pucks are up for bids including one off the stick of Alex Ovechkin during the second game of the Round 1 playoff series. Bidding runs through October 15.