• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
    • Contact Us
    • Get Sports Collectors Daily via EMail
    • Advertise with SC Daily
    • Write for Sports Collectors Daily
    • Write About Your Sports Collection
    • Where Can I Sell My Baseball Cards?
  • Hot on eBay
    • Most Watched Graded Rookies
    • Most Watched PSA 10 Cards
    • Most Watched BGS, BVG Cards
    • Most Watched SGC Cards
    • Most Watched CSG,CGC Cards
    • Most Watched Baseball Cards
      • Most Watched 2023 Baseball Cards
      • Most Watched 2022 Baseball Rookie Cards
      • Bowman Chrome Cards
      • Ronald Acuna Jr. Cards
      • Shohei Ohtani Cards
      • Mike Trout Cards
      • Fernando Tatis Jr. Cards
      • Babe Ruth Cards
      • Hank Aaron Cards
      • Jackie Robinson Cards:
      • Mickey Mantle Cards
      • Willie Mays Cards
      • Vintage Baseball Card Sets
      • T206 Cards
    • Most Watched Basketball
      • Top 100 Most Watched Basketball Rookie Cards
      • 100 Hottest 2022-23 NBA Rookie Cards
      • 100 Hottest 2021-22 NBA Rookie Cards
      • 100 Hottest 2020-21 NBA Rookie Cards
      • 100 Hottest 2019-20 NBA Rookie Cards
        • Zion Williamson Rookie Cards
        • Ja Morant Rookie Cards
      • Michael Jordan Cards
      • Kobe Bryant Cards
      • LeBron James Rookie Cards
      • Nikola Jokic Rookie Cards
      • Giannis Antetokounmpo Cards
      • Luka Doncic Rookie Cards
      • Prizm Basketball Cards
      • Panini National Treasures
    • Most Watched Football Cards
      • Most Watched NFL Rookie Cards
      • 2022 NFL Rookie Cards
        • Brock Purdy Rookie Cards
      • 2021 NFL Rookie Cards
      • 2020 NFL Rookie Cards
        • Joe Burrow Rookie Cards
        • Justin Herbert Rookie Cards
        • Jalen Hurts Rookie Cards
      • Josh Allen Rookie Cards
      • Patrick Mahomes Rookie Cards
      • Tom Brady Cards
    • Most Watched Hockey Cards
      • Top 100 Most Watched Hockey Rookie Cards
      • Most Watched 2021-22 NHL Rookie Cards
      • Most Watched 2020-21 Rookie Cards
      • Most Watched 2019-20 Rookie Cards
      • Connor McDavid Cards
      • Wayne Gretzky Cards
      • Bobby Orr Cards
    • Most Watched Soccer Cards
    • Most Watched UFC Cards
    • Most Watched Golf Cards
    • Most Watched 1 of 1 Cards
    • Most Watched Racing Cards
    • Top Sports Card Dealers on eBay
    • Most Watched Memorabilia
      • Vintage Sports Memorabilia
    • Vintage Sports Tickets, Stubs
    • Most Watched Autographs
  • Ending Soon on Ebay
    • Baseball Cards
    • Basketball Cards
    • Football Cards
    • Hockey Cards
    • Soccer Cards
    • Golf Cards
    • UFC Cards
  • Top - Ad

Sports Collectors Daily

Sports Collectors Daily

Sports collecting news - Sports cards and sports memorabilia industry news.

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. 

  • Sports Memorabilia News
  • Sports Card News
    • Modern Sports Card News
      • New Sports Card Release Calendar
      • Shop Talk
    • Vintage Sports Card News
      • Affordable Vintage Cards, Collectibles
      • Old Baseball Card Sets
      • Old Basketball Card Sets
      • Old Football Card Sets
      • Old Hockey Card Sets
      • Vintage Pack Facts
  • Business/Industry News
    • Sports Memorabilia Business News
    • Sports Memorabilia Industry News
  • Around The Hobby
    • Editor’s Blog
    • David Cycleback’s Identification and Authentication Advice
  • Popular Stories
  • Sell Your Cards
You are here: Home / Business/Industry News / Sports Memorabilia Industry News / Revenue, Submissions, Backlog Still Growing at PSA

Revenue, Submissions, Backlog Still Growing at PSA

August 29, 2019 By Rich Mueller

Collectors Universe, the parent company of PSA and PSA/DNA, reported record revenues for fiscal year 2019 on Wednesday.

The company took in $72.5 million in fiscal 2019, which ended June 30.  That figure includes a record $5.4 million, or 25% increase in trading card and autograph authentication revenues. 

Revenue from trading card and autograph submissions in the fourth quarter also grew to record highs, thanks to a growing number of submissions.  In all, PSA and PSA/DNA processed over 680,000 items in that three month stretch, up from 620,000 in the third fiscal quarter.

“The PSA and PSA/DNA business set another all-time quarterly revenue record for the division and eclipsed last year’s Q4 revenue by roughly $1.7 million,” said Collectors Universe President Joe Orlando. 

Joe Orlando, President and CEO of Collectors Universe.

PSA says it has now experienced nine consecutive years of top and bottom-line growth. That record output of nearly 2.5 million items processed for the fiscal year has made it difficult for the company to handle an ongoing backup of orders.  They’re still dealing with the largest submission backlog in history and Orlando says they continue to step up efforts increase capacity, so customer turnaround times can be reduced.

“PSA closed Q4 with the highest submission backlog in the division’s history despite increasing its output in each of the last four quarters. This is a clear indication of the power of the PSA brand and the continued demand for our services. The company continues to work on expanding operational capacity, so we can ultimately improve the extended turnaround times facing our customers.”

At the end of the earnings report conference call, the company fielded questions including several related to the FBI investigation into authenticated and graded cards that appear to have been altered.  Most were sold by PWCC, the hobby’s largest online auction house.      

“I think if you look at the last four months or so which is about at the time that this sort of news story broke on this company, I mean our receiving has actually gone up,” Orlando said.  “The prices for PSA certified items remain terrific and the demand is there. So we don’t we don’t anticipate anything of any meaning as a result of this.

“We don’t view this as being any loophole on our end and we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have and so is the public.

“This is the same exact battle that we deal with every day. I guess the way I would characterize this is none of this is really new news.  It’s not news to us. It’s not news to the industry that these types of things go on. So there is nothing really out of the ordinary from that perspective about the investigation versus any other year in our history.”

  • Facebook
  • Twitter
  • Pinterest
  • Reddit
  • Facebook Messenger

Related Stories:

More People, More Tech, More Space: Nat Turner Outlines Plans for PSA Proposed Sale of PSA Parent Company Moves Ahead as Shareholders Accept $92 Offer PSA Parent Company Adds 3 to Board of Directors Another Record Quarter for PSA as Submission Backlog Continues National Sports Collectors Convention 2018 Cleveland show floor IX Center NSCCPSA Set Revenue Record at NSCC PSA Adds Terry Melia to Staff Collectors Universe Gets Loan to Help Build New Corporate Office Collectors UniverseRevenues Up at PSA Parent Company

About Rich Mueller

Rich is the editor and founder of Sports Collectors Daily. A broadcaster and writer for over 40 years and a collector for even longer than that, he's usually typing something somewhere. Type him back at [email protected].

Filed Under: Popular Stories, Sports Memorabilia Industry News Tagged With: altered cards, collectors universe, PSA, PSA grading, PSA/DNA

Primary Sidebar

Our articles may contain affiliate links. When you click on links to merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. 

Shop Sports Cards on Ebay
  • Football
  • Basketball
  • Baseball
  • Hockey

High End Cards and Memorabilia

  • BBCE Authenticated Boxes, Packs opens in a new window
  • Graded pre-War Card eBay Auctions
  • PWCC Premier Auction
  • PWCC Fixed Price Marketplace
  • Graded Rookie Cards on eBay opens in a new window
  • Authenticated Photos on eBay opens in a new window
  • Graded Tickets & Stubs opens in a new window

Bargain Corner

  • Michael Jordan cards $5 and less opens in a new window
  • Kobe Bryant cards $5 and less opens in a new window
  • Mickey Mantle Cards Under $150 opens in a new window
  • Graded T206 Cards Under $150 opens in a new window
  • Pre-War Cards Under $100 opens in a new window
  • Pre-1980 Graded Baseball Cards $10 and Less opens in a new window
  • Pre-1980 Graded Football Cards $10 and Less opens in a new window
  • Vintage Graded Basketball Cards $25 and less opens in a new window
  • Vintage Graded Hockey Cards $10 and Less opens in a new window
  • Complete Sets $20 and Less opens in a new window
  • Baseball Hall of Famers for $5 or Less opens in a new window
  • Football Hall of Famers for $5 or Less opens in a new window
  • Hobby Boxes Under $30 opens in a new window
  • Pre-1986 Rookie Cards Under $1 opens in a new window
  • Buy Boxes Directly from Topps opens in a new window

RSS Auction Report

  • REA Midwest Consignment Trip – Consign Today
  • MEARS Auction of Memorabilia and More Ends October 7, 2023
  • 2023 Auction Schedule

Footer

Categories

  • Around the Hobby
  • Business/Industry News
    • Sports Memorabilia Business News
    • Sports Memorabilia Industry News
  • David Cycleback's Identification and Authentication Advice
  • Editor's Blog
  • Featured Articles
  • Hobby Shop Talk
  • National Sports Collectors Convention
  • Popular Stories
  • Rich Klein's Ramblings
  • Sports Card News
    • Modern Sports Card News
      • New Sports Card Release Calendar
    • Vintage Sports Card News
      • Old Baseball Card Sets
      • Old Basketball Card Sets
      • Old Football Card Sets
      • Old Hockey Card Sets
      • Vintage Pack Facts
  • Sports Memorabilia News
  • Uncategorized

Sponsor Links

  • Sports Card Forumopens in a new window
  • Buying Vintage Sports Cardsopens in a new window
  • Game Used Jerseysopens in a new window
  • Championship Rings For Saleopens in a new window
  • Vintage Basketball Cardsopens in a new window
  • NBA Signed Itemsopens in a new window
  • Autographed Baseballsopens in a new window
  • NASCAR Autographsopens in a new window
  • Vintage Graded Baseball Cardsopens in a new window
  • Player Picturesopens in a new window
  • Vintage Football Cardsopens in a new window
  • Sports Collectors Storeopens in a new window

Pages

Ending on eBay Soon
  • Baseball Card Auctions on eBay Ending Soon
  • Basketball Card Auctions on eBay Ending Soon
  • Football Card Auctions on eBay Ending Soon
  • Hockey Card Auctions Ending Soon on eBay
  • Vintage Sports Memorabilia on eBay Ending Soon
Top 100 on Ebay
  • Top 100 Most Watched Baseball Rookie Cards on eBay
  • Top 100 Most Watched Basketball Rookie Cards for Sale on eBay
  • Top 100 Most Watched Hockey Rookie Card Auctions
  • Top Authenticated Vintage Unopened Sports Card Boxes, Packs on eBay
Most Watched on eBay
  • 100 Most Watched Graded Rookie Cards for Sale on eBay
  • 100 Most Watched Tom Brady Card Auctions on eBay
  • 50 Hottest Hobby Boxes at Auction on eBay
  • 50 Most Watched Golf Trading Cards on eBay
  • 50 Most Watched Wrestling Trading Cards on eBay
  • 75 Most Watched Bowman Chrome Cards
  • Most Popular Bobbleheads on eBay
  • Most Watched 1/1 Cards on eBay
  • Most Watched Basketball Cards on eBay
  • Most Watched Complete Baseball Card Sets at Auction on eBay
  • Most Watched Football Cards on eBay
  • Most Watched Football Rookie Card Auctions
  • Most Watched Goudey Baseball Cards on eBay
  • Most Watched Hockey Cards on eBay
  • Most Watched Racing Cards on eBay
  • Most Watched Soccer Cards for Sale on eBay
  • Most Watched Sports Autographs on eBay
  • Most Watched Sports Jerseys on eBay
  • Most Watched Unopened Sports Card Boxes, Packs on eBay
  • Most Watched Vintage Sports Memorabilia on eBay
  • Hottest Panini National Treasures Cards on eBay
  • Hottest PSA 10 Cards for Sale on eBay
  • What’s Hot on eBay
Sports Memorabilia
  • Sports Card Bargain Bin
  • Sports Memorabilia Auctions Ending Soon on eBay
About Sports Collectors Daily
  • Advertise with SC Daily
  • Contact Us
  • Get Sports Collectors Daily via EMail
  • Privacy Policy
  • Terms and Conditions
Sell Your Cards
  • What’s It Worth
  • Where Can I Sell My Baseball Cards?

Copyright © 2023 SportsCollectorsDaily.com | Web Design by Wickam Groupopens in a new window