PSA’s parent company is planning to offer a vault service for trading cards. Collectors, the newly rebranded, shortened moniker for what used to be Collectors Universe, announced Wednesday that it plans to create a secure 11,000-square-foot facility in Delaware that will allow customers to grade cards and have them immediately transferred to its vault. PWCC, … [Read more...] about PSA Parent Company to Open Vault, Gets $100 Million Investment as 100+ Graders Tackle Card Backlog
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PSA Parent Company Opens Seattle Office Geared Toward Tech
A high tech push and expanding geographic presence of PSA’s parent company are continuing with word of a new company office opening in the Pacific Northwest. Collectors, the new name for what used to be known as Collectors Universe, now has a ten-person team on location at the facility in downtown Seattle, with plans to hire 20 additional software engineers, designers and … [Read more...] about PSA Parent Company Opens Seattle Office Geared Toward Tech
PSA Parent Company Acquires Card Ladder
Card Ladder, an online price guide and analytics platform for popular graded sports cards, launched just 18 months ago, but the young startup has already been acquired by one of the hobby’s largest companies. Collectors Universe, the parent firm of PSA, announced Thursday that it had acquired Card Ladder and will integrate its data. “We’re deeply committed to investing in … [Read more...] about PSA Parent Company Acquires Card Ladder
Joe Orlando Resigns; Nat Turner Now CEO of Collectors Universe
Collectors Universe, parent company of PSA, announced Friday morning that Joe Orlando has resigned as CEO. Executive Chairman Nat Turner, who led a group to purchase the grading and authentication company early this year, will take over that role. Orlando first joined Collectors Universe in 1999. He was named President of PSA in 2002 and took on a larger … [Read more...] about Joe Orlando Resigns; Nat Turner Now CEO of Collectors Universe
Collectors Universe Expands to Video Game Grading with Acquisition of Wata
Collectors Universe, parent company of PSA, is expanding into the collectible video game industry with the acquisition of Wata Games. Wata is considered a pioneer in the video game grading realm. The acquisition of Wata marks the first major categorical expansion beyond trading cards, sports memorabilia and coins for Collectors Universe. Other Collectors Universe … [Read more...] about Collectors Universe Expands to Video Game Grading with Acquisition of Wata
Collectors Holdings Acquires Goldin Auctions
The newly formed company that owns Collectors Universe, parent firm of PSA, is buying Goldin Auctions. Collectors Holdings, LP announced Thursday morning that is was acquiring the New Jersey-based auction company just a few months after it had received a $40 million investment from The Chernin Group and others. Collectors Holdings is owned by a group that includes … [Read more...] about Collectors Holdings Acquires Goldin Auctions
PSA Grinds Away; Adds New Execs
The hobby’s largest grading company still isn’t ready to accept new orders but says progress on its massive backlog of submissions is continuing. PSA President Steve Sloan told customers Wednesday that its current suspension of most service levels “continues to be the right thing to do.” In late March, PSA shut down all but its highest levels of service after receiving … [Read more...] about PSA Grinds Away; Adds New Execs
PSA Again Expands Space to Increase Capacity
Collectors Universe, parent company of PSA, will be expanding its headquarters and operations facility by an additional 58,814 square feet to bring the total available space in Santa Ana, California to 184,439 square feet. CU is leasing the previously vacant office space. About half of it is adjacent to CU's existing facility and will be used for … [Read more...] about PSA Again Expands Space to Increase Capacity
More People, More Tech, More Space: Nat Turner Outlines Plans for PSA
Spending time at his parents’ house in North Carolina last year as COVID-19 put the clamps on normalcy, Nat Turner was pondering his next move. The co-founder and CEO of Flatiron Health kept coming back to the hobby that occupied his newly expanded down time. “I was kind of thinking about what’s next and thought ‘how cool would it be to do something with cards?’” A few … [Read more...] about More People, More Tech, More Space: Nat Turner Outlines Plans for PSA
Collectors Universe Deal Complete; New Investors Include Collectors, Athletes
An investor group that includes not only wealthy businessmen but current and former professional athletes has completed its purchase of PSA’s parent company and installed one of its own as Executive Chairman of the company’s board of directors. Collectors Universe announced Monday that it had completed the $853 million deal that turns the company from public to … [Read more...] about Collectors Universe Deal Complete; New Investors Include Collectors, Athletes