Sports card grader CSG is launching a new sports card centric podcast this week. Hosted and produced by veteran podcaster and writer Alan Goldsher, “Collect This!” will be a weekly show airing on a variety of platforms. It’s the company’s first foray into podcasting. The topics will vary from show to show, with an approach geared to both hardcore collectors and … [Read more...] about CSG to Launch Sports Collecting Podcast
Joe Orlando
Joe Orlando Joins Heritage Auctions
Former Collectors Universe CEO and PSA president Joe Orlando has a new job. He’s now the executive vice president in the Sports division at Heritage Auctions. Orlando left Collectors Universe last year and then in early March, took a position with fractional shares platform Collectable. Now, he’ll be working for Texas-based Heritage. “As the … [Read more...] about Joe Orlando Joins Heritage Auctions
Joe Orlando Joins Collectable
Joe Orlando, who stepped down from his post as CEO of Collectors Universe last summer, will become an executive with the fractional shares platform Collectable. Orlando spent 22 years with CU, the parent company of grading and authentication firm PSA. He was named President of PSA in 2002 and took on a larger role as CEO of the Santa Ana, CA-based company in 2017. … [Read more...] about Joe Orlando Joins Collectable
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
PSA Parent Company Agrees to $700 Million Buyout Offer
Collectors Universe, parent company of PSA, is being sold to an investor group led by entrepreneur and sports card collector Nat Turner for approximately $700 million. D1 Capital Partners L.P., and Cohen Private Ventures, LLC will acquire all of the Company’s outstanding shares of common stock for $75.25 per share in cash. Cohen Private Ventures is oversees … [Read more...] about PSA Parent Company Agrees to $700 Million Buyout Offer
Collectors Universe Adds New Blood to Board; Reaches Deal with Alta Fox
Collectors Universe, parent company of PSA, has added two new independent members to its board of directors after discussions with a major shareholder that had earlier expressed a desire to unseat the company’s entire board. Lorraine Bardeen, a Microsoft executive who specializes in technological innovation, is one of two new additions. She will head a newly formed … [Read more...] about Collectors Universe Adds New Blood to Board; Reaches Deal with Alta Fox
PSA Reports Record Quarter Despite Temporary Shutdown; Hoping Robotics Can Increase Efficiency
You're all grading a lot of cards. Collectors Universe, the parent company of PSA, reported record revenue for the final fiscal quarter and fiscal year of 2020 on Wednesday and it was the card and autograph authentication business driving most of it. Collectors Universe, which is also known for its coin grading division, reported fourth quarter revenues of … [Read more...] about PSA Reports Record Quarter Despite Temporary Shutdown; Hoping Robotics Can Increase Efficiency
PSA Submission Backlog Due Mostly to Pack Rippers
PSA says its ongoing and ever-growing backlog of orders is primarily due to the number of current era trading cards that are being submitted. During its quarterly earnings report teleconference this week, company officials again addressed the issue of why customers are waiting months for the return of orders that used to be delivered in weeks. In short, it’s because … [Read more...] about PSA Submission Backlog Due Mostly to Pack Rippers
Another Record Quarter for PSA as Submission Backlog Continues
The grading and authentication business continues to boom. PSA and PSA/DNA say they shipped over 620,000 collectibles in the third quarter of the 2019 fiscal year. “The PSA and PSA/DNA business set another all-time revenue quarterly record for the division and eclipsed last year’s Q3 revenue by roughly $1.3 million, a 24% increase year-over-year,” Joe Orlando, … [Read more...] about Another Record Quarter for PSA as Submission Backlog Continues
PSA Continues Record Growth
The grading of trading cards and autographs continues to be a booming business for PSA and PSA/DNA. PSA’s parent company, Collectors Universe, has released its financial report for the fourth quarter and fiscal year 2018. Service revenues for cards and autographs both set new records with an increase of $900,000 in revenue in the fourth quarter and $3.1 million in … [Read more...] about PSA Continues Record Growth