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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Beckett Hires 2; Opens Autograph Authentication Division
Beckett is now in the autograph authentication business. The company said Wednesday that it had hired former PSA/DNA authenticators Steve Grad and Brian Sobrero and would begin accepting submissions immediately. Grad left PSA/DNA at the end of September after 15 years with the company, including the last several as principal authenticator. He will continue in his role … [Read more...]
PSA/DNA Lead Authenticator Steve Grad No Longer with Company
Steve Grad, lead authenticator at PSA/DNA for the last several years, has left the company. His announcement comes in the wake of PSA hiring two long-time hobby autograph experts to full-time roles last week. Kevin Keating and Bill Corcoran have signed on as full time authenticators. Grad says his departure was effective October 1. He had been with PSA for 15 years, … [Read more...]
PSA Adds 2 to Autograph Authentication Staff
PSA/DNA has hired two veteran autograph dealers to join its staff . Kevin Keating and Bill Corcoran are joining the company as full-time authenticators. Keating has owned Quality Autographs since 1992. “PSA/DNA is the goalie, and the forgers are constantly out there trying to get a slap shot past us into the net. Our job is to stop them,” he stated in a Q&A … [Read more...]
Cards, Autographs Push Record Revenues for Collectors Universe
PSA set an all-time revenue record for the third fiscal quarter ending in March. In a conference call with shareholders last week, Robert G. Deuster, Chief Executive Officer of Collectors Universe, the parent company of PSA and PSA/DNA, said card and autograph grading and authentication revenues were up 9.1%. Deuster says trading card activity has been “very robust” over … [Read more...]
Super Bowl 50 Game Balls Tagged to Stop Counterfeits
PSA/DNA is playing a role in the authentication of the Super Bowl 50 game balls. Each of the more than 100 footballs that will be used in Sunday’s game will be "tagged" with a specially-prepared synthetic DNA ink that leaves an invisible-to-the-naked-eye security mark to protect against possible counterfeiting. The sideline pylons and even the coin used for the game-opening … [Read more...]
Notes: Progress Shuts Oklahoma Shop
Scoreboard Sports Cards has been a fixture in the suburbs of Tulsa, OK since the baseball card boom of the 1990s. It survived the rocky road that decade became and the consolidation that has followed but now the end is near. The owner of the building plans to tear it down as the city moves to revitalize its main drag and hopefully attract more people to town. Paul … [Read more...]
Brady, Crosby, Curry Among PSA/DNA “Most Dangerous Autographs”
Quarterback Tom Brady, NHL star Sidney Crosby and NBA MVP Stephen Curry have been added to PSA/DNA’s annual list of frequently forged sports stars’ autographs. They join other familiar athletes’ names, including Muhammad Ali, Derek Jeter and Babe Ruth, on the “buyer beware” list. “There's probably less than a 50/50 chance that autographs of many sports stars being … [Read more...]
PSA to Give Away Mint Jordan Rookie Card at NSCC
PSA will give away a 1986-87 Fleer Michael Jordan rookie card and signed items from two other local sports icons at this year’s National Sports Collectors Convention in Chicago. PSA will also have high-grade master card collections focusing on Jordan, Walter Payton and Ernie Banks on display and offer special rates for items submitted at the show for authentication and … [Read more...]
Revenues Up at PSA Parent Company
Collectors Universe, parent company of PSA and PSA/DNA, reported record revenues in the first fiscal quarter of 2015. The company says service revenues increased by $2.0 million or 14% to a first quarter record of $16.2 million in this year's first quarter as compared to $14.2 million in the same quarter of fiscal 2014. The increase was driven by a $1.7 million or 19% … [Read more...]
