Collectors Universe, Inc., the parent company of PSA and PSA/DNA has obtained a $3.5 million five-year loan to help fund a new corporate headquarters in southern California. CU says it’s entered into an agreement with California Bank & Trust, for the loan, part of which will also be used for general corporate purposes. CEO Robert Deuster says the company expects to move … [Read more...]
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1933 George C. Miller Set: Beautiful, But Challenging
As far as collectors of vintage baseball cards are concerned, not many sets are as challenging and rewarding as the 1933 George C. Miller set. The issue not only has a high artistic quality but is packed full of key players despite its small size and a Babe Ruth omission. A regional issue which was distributed in the Greater Boston area alone, this Depression era set is … [Read more...]
PSA Unveils New Label Security Package
Trading cards authenticated by PSA are getting a new label and some new security features. The company unveiled the changes on Wednesday. The front of the label still features a red border, outlining the collectible’s details. Now, however, instead of mere white behind the label copy, the wave-like brush strokes of what the company calls “fugitive ink” … [Read more...]
Card, Autograph Submissions Help Push CU to Record Revenue
Collectors Universe, the parent company of PSA and PSA/DNA announced record financial results for its third quarter and nine months on Wednesday. The company’s third quarter revenues were up 7% to a quarterly record of $18.6 million. That’s a $1.3 million increase from the same period last year. Revenues for PSA’s trading card and autograph division were up by … [Read more...]
Notes: PSA Fee Changes; Shop Owner Charged; Abandoned Cards Update
PSA will implement some changes to its fee structure and a couple of added service levels beginning January 4. In an email to customers Thursday, the company included a preview of what to expect when those new rates and service levels come into play. Few major changes are planned but those who want fast turnaround times will notice some higher rates. You can … [Read more...]
PSA, NSCC to Launch Internet Radio Show
PSA and the National Sports Collectors Convention are launching a new weekly national broadcast on the PSA website starting November 2. The Great American Collectibles Show will air every Wednesday evening from 9:00 p.m. to 10:00 p.m. EST. Hosted by Red Sox Hall of Famer Rico Petrocelli, New England talk show host and author Tom Zappala, and produced by XM Sirius Sports … [Read more...]
PSA Card, Autograph Business Continues Upward Push
PSA’s revenue for card and autograph authentication increased 15% in the last quarter of fiscal 2016. In its quarterly SEC filing, Collectors Universe—the parent company of PSA and PSA/DNA—said that amount represented record quarterly revenues of $4.3 million. “We generated record second half service revenues in fiscal 2016, which increased by $2.4 million, or 8%, as … [Read more...]
1910-1912 Sweet Caporal Pins Won’t Break Your Piggy Bank
If you've never collected the 1910-1912 Sweet Caporal Pins set because they were, well, pins rather than cards, it's time to get over it. You're missing out on the opportunity to collect a century-old set that's among of the coolest, most affordable, most attainable issues in the hobby. Sweet Caporal Pins: The Basics Sweet Caporal, of course, was a brand of cigarettes and … [Read more...]
Update: Police Help California Dealer Reclaim Stolen Items
His ordeal is not over yet, but longtime California dealer/collector Don DelMazzio has a little bit more peace of mind this week. A three-month investigation into a burglary at DelMazzio’s residence in Anaheim Hills, California, resulted in an arr est Tuesday of a 33-year old man and the recovery of stolen property, including graded cards, memorabilia and a painting … [Read more...]
Cobb Backs Get New Values as 3rd Card Sells
Of the seven cards in the “Lucky 7” find of T206 Ty Cobb backs announced last week, four remain. The cards, discovered last month while family members were cleaning up the contents of an old house in the southeastern part of the country, became a national story. Sent to PSA for grading and authentication, they were assigned grades ranging from 1.5 to 4.5 with four of the … [Read more...]
