PSA has been flooded with submissions since late last year, causing a backup of shipments in the receiving process. The company says it’s delaying “the unboxing and system entry of delivered packages” but they are still trying to meet each order’s estimated turnaround time. “Bulk and Value service level orders are those primarily being impacted right now,” PSA stated … [Read more...] about Mountain of Orders Causing Intake Delays at PSA
psa backlog
PSA Opens Year with New Card Grading Prices, Submission Tiers
PSA has rolled out new grading prices and matching turnaround times as the new year begins. In the second half of 2022, the company finally worked its way through a backlog that grew from about one million cards in 2019 to more than 14 million cards two years later--an avalanche of mostly lower value modern cards that kept collectors waiting as much as a year or more to get … [Read more...] about PSA Opens Year with New Card Grading Prices, Submission Tiers
Got Patience? PSA Opens $22 Bulk Service Level for Club Members
For the first time in 18 months, PSA is once again offering its Bulk service...but it may not quite be the Bulk service you remember from the pre-pandemic period. The company announced Thursday that it would be offering a $22 rate to Collectors Club members who submit 25 cards or more with a declared value limit of $199 each. Cards must be submitted via two options: 1996 and … [Read more...] about Got Patience? PSA Opens $22 Bulk Service Level for Club Members
Notes: PSA Economy; Reward in Hobby Shop Burglary; $1.2 Million Bid for LeBron Card, More
PSA reopened its Value service on Thursday, one of the services that has been suspended since March of last year. Value service, which is specifically designed for modern cards issued since 1996, follows the company’s resumption of Express, Regular and Economy service levels. The cost is $30 per card with a 20-card minimum. In addition to the relaunch of Value service, … [Read more...] about Notes: PSA Economy; Reward in Hobby Shop Burglary; $1.2 Million Bid for LeBron Card, More
PSA Opens Unlimited Economy Submissions; Updates Backlog
PSA announced Tuesday that its backlog now stands at about 3.6 million cards. The company says the majority of cards have actually been through the grading process but are waiting to be packaged and shipped. PSA has been sending about 200,000 cards per week back to customers. Expectations are that the backlog, which once stood at over 12 million cards, will be … [Read more...] about PSA Opens Unlimited Economy Submissions; Updates Backlog
Notes: Ohio Shop Burglar Thwarted; TN Man Charged with Mail Theft, More
Three hobby shops in the Youngstown, OH area have been hit by burglars over the last couple of months. Early Monday, another one was targeted, but this time the thief was scared off. Surveillance video shows a person running up to the door about 3 AM and breaking the glass on two doors, triggering the store’s alarm. A 30-year-old Nashville man has been charged … [Read more...] about Notes: Ohio Shop Burglar Thwarted; TN Man Charged with Mail Theft, More
eBay Expands Authenticity Guarantee Service, Partners With PSA On High-End Graded Cards
Another layer of protection has been added for collectors who buy high-end, graded sports cards. Officials at eBay announced Monday that the third-party selling giant is expanding its Authenticity Guarantee for trading cards to include graded cards sold for $2,000 or more. This time, the company is partnering with PSA. When a graded card is sold for more than $2,000 in … [Read more...] about eBay Expands Authenticity Guarantee Service, Partners With PSA On High-End Graded Cards
Notes: PSA Backlog Update; Stolen Cards Returned 25 Years Later; Fanatics Auction
PSA has reduced the backlog of cards submitted for grading to under four million. A year ago, that number stood at over 12 million. Most of the cards still in its possession arrived a little more than a year ago, just after the company announced it would no longer accept submissions except for its highest tier services. At its current rate, PSA should be done with … [Read more...] about Notes: PSA Backlog Update; Stolen Cards Returned 25 Years Later; Fanatics Auction
Jordan, Tiger, Robert Among Top Subjects as PSA Grades 1 Million Cards in Single Month
PSA kept the postal service busy in March. For the first time in history, the company says it graded and shipped over one million trading cards in a single month as it continues to work through a submission backlog that measured around 13 million cards around this time last year. The total was up 25% from February when PSA reported grading and shipping 802,694 … [Read more...] about Jordan, Tiger, Robert Among Top Subjects as PSA Grades 1 Million Cards in Single Month
Report: Over 1.2 Million Cards Graded Last Month
Card grading activity was robust in March. A tally by Gem Rate indicates more than 1.2 million cards were graded and authenticated by the four major grading card companies last month alone. PSA entered about 987,000 cards into its population report over the 31-day period. That’s a new monthly output record for the company, which continues to work through … [Read more...] about Report: Over 1.2 Million Cards Graded Last Month