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
Nat Turner
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 Buys Software Company to Bring AI to Grading Process
When collector Nat Turner and a group of other investors acquired PSA and the other Collectors Universe properties earlier this year in an $853 million, he promised artificial intelligence would soon become part of the grading process. On Wednesday, PSA’s grading operation acquired Genamint, Inc., a Long Island, NY-based software company that does just that. It also made … [Read more...] about PSA Buys Software Company to Bring AI to Grading Process
Breaking App Loupe Expands to Android
Live e-commerce sports card streaming platform Loupe expanded its platform to Android devices Thursday. Designed to streamline the experience of participating in box breaks, Loupe offers breakers the chance to live stream and sell cards to collectors on a nightly basis. Collectors can enable push notifications to know when breaks are happening and what products are being … [Read more...] about Breaking App Loupe Expands to Android
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
1986-87 Fleer Basketball and “Rightful” Rookie Cards
In terms of the sheer depth and quality of their rookie cards, three basketball card sets forever stand alone. Why “forever”? Because, these days, it's unlikely that all major card manufacturers will simply bail on basketball for several years. The gorgeous 1961-62 Fleer set, for instance, is hilariously stacked, featuring rookie cards of inner-most circle legends Wilt … [Read more...] about 1986-87 Fleer Basketball and “Rightful” Rookie Cards
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
Proposed Sale of PSA Parent Company Moves Ahead as Shareholders Accept $92 Offer
It appears the parent company of grading and authentication giant PSA will soon be privately owned. A majority of shareholders of Collectors Universe have agreed to tender their shares for $92 each, marking the acceptance of an $853 million bid by an investor group that includes entrepreneur/collector Nat Turner, New York Mets owner Steve Cohen and Charlotte Hornets minority … [Read more...] about Proposed Sale of PSA Parent Company Moves Ahead as Shareholders Accept $92 Offer