PSA and PSA/DNA authenticated and graded more material during the second quarter of the current fiscal year..nearly 340,000 items.
Overall business at Collectors Universe was down 3.5% in the quarter, according to a company news release. However, sports products–which account for 52% of the company’s business–arrived at the Newport Beach facility in higher numbers than in the previous quarter.
Sportscards authenticated and graded grew by approximately 7% to 295,600 units in the quarter ended December 31, 2006 from 275,000 units in the same period in fiscal 2006. That number accounted for 45% of what the company calls "total units".
For the first half of fiscal year 2007, sports cards authenticated and graded grew by 11% to 617,100 units from 558,000 units in the six month period ended December 31, 2005.
Units authenticated by PSA/DNA increased by approximately 29% to 43,800 units, or 7% of the total units authenticated and graded, in the second quarter of fiscal year 2007 from 34,000 units in the same period in fiscal year 2006. Total PSA/DNA units authenticated in the six month period ended December 31, 2006 declined by 12% to 78,000 units from 89,000 units in the first half of fiscal year 2006.