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. 

You are here: Home / Archives for PSA grading

PSA grading

PSA Parent Company Closes $125 Million Line of Credit

By

Collectors Holdings, Inc., parent company of PSA, has closed a $125 million revolving line of credit with a syndicate co-led by J.P. Morgan and KeyBanc Capital Markets Inc., with participation by California Bank & Trust. The company says that while it has plenty of money, the move offers “greater flexibility to pursue growth opportunities and execute its strategic … [Read more...] about PSA Parent Company Closes $125 Million Line of Credit

Notes: PSA Still Processing Marx Cards Submissions; New Beckett Pricing; Hat Trick Puck Auction

By

Eleven months after a group submitter filed for bankruptcy, leaving thousands of cards in its possession and no payment, PSA says it's getting closer to cleaning up the mess and getting all of the cards back to the collectors who own them. The company says it has graded and returned all but about 4,800 of the cards that were submitted by Marx Cards, a California-based … [Read more...] about Notes: PSA Still Processing Marx Cards Submissions; New Beckett Pricing; Hat Trick Puck Auction

9.5 Million Sports Cards Were Authenticated and Graded in 2022

By

The four major sports card grading companies were busy in 2022.  After ramping up operations for a full 12-month period with no significant shutdowns, PSA, SGC, CSG and Beckett graded nearly 15 million items combined last year, including 9.5 million million sports cards. Overall, PSA still holds about a 75% market share. The company graded about 7.4 million cards … [Read more...] about 9.5 Million Sports Cards Were Authenticated and Graded in 2022

PSA Opens Year with New Card Grading Prices, Submission Tiers

By

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

Sports Collecting Year in Review: Corporate Moves and Crime

By

It didn't have the dark cloud of 2020 or the wild ride that followed as we moved into 2021 but the sports collecting hobby was still a pretty vibrant place in 2022 with some significant happenings on the business side. In Part 1 of our annual hobby year in review, we look back at some of that news along with some notable events on the legal side. Business Briefs The year … [Read more...] about Sports Collecting Year in Review: Corporate Moves and Crime

PSA Parent Company Expanding Office Space Again

By

For the third time in as many years, Collectors Holdings, the parent company of Professional Sports Authenticator (PSA), is expanding the operational footprint at its headquarters in Santa Ana, CA.  Collectors has signed a new, 15-year lease at its current location and is taking hold of another 102,000 square feet of office space. The Collectors organization, including … [Read more...] about PSA Parent Company Expanding Office Space Again

Got Patience? PSA Opens $22 Bulk Service Level for Club Members

By

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: Garage Sale Score; Grading Numbers; Tier One 1/1 Pulled; NetPro Returns; Huge New Shop

By

Collector Sam Dodero went to a garage sale last month.  A conversation with the home owner led to a find he never expected.   While there were no baseball cards among the items at the Midwestern house, he asked about cards and the homeowner went inside and came back out with something that had been in the family for about 40 years. It's a 1914 Cracker … [Read more...] about Notes: Garage Sale Score; Grading Numbers; Tier One 1/1 Pulled; NetPro Returns; Huge New Shop