Collectors Universe, the parent company of PSA and PSA/DNA, reported record revenues for fiscal year 2019 on Wednesday. The company took in $72.5 million in fiscal 2019, which ended June 30. That figure includes a record $5.4 million, or 25% increase in trading card and autograph authentication revenues. Revenue from trading card and autograph submissions in … [Read more...]
Another Record Quarter for PSA as Submission Backlog Continues
The grading and authentication business continues to boom. PSA and PSA/DNA say they shipped over 620,000 collectibles in the third quarter of the 2019 fiscal year. “The PSA and PSA/DNA business set another all-time revenue quarterly record for the division and eclipsed last year’s Q3 revenue by roughly $1.3 million, a 24% increase year-over-year,” Joe Orlando, … [Read more...]
Super Bowl 53 Footballs, Coin Get PSA/DNA Treatment
With two offenses capable of putting up a lot of points, the footballs will be flying Sunday night in Super Bowl LIII…and all 104 special Wilson balls created for use in the game will carry PSA/DNA authentication. As it has for over 15 years, a company representative will tag each ball with a special synthetic DNA prior to the game. A total of 12 “kicking balls” will … [Read more...]
Super Bowl Footballs, Pylons, Toss Coin to Get PSA/DNA Treatment
The NFL is once again enlisting the services of PSA/DNA to authenticate game-used Super Bowl LII footballs, end zone pylons and even the coin used in the pre-game toss at midfield. Prior to the game, a PSA/DNA representative will use synthetic DNA ink to mark about 100 footballs to be available for use in Sunday’s game between the Eagles and Patriots. The same treatment will … [Read more...]
Collector’s 17-Year Search for “Moonlight” Graham’s Autograph
A rare and coveted autograph from Archibald “Moonlight” Graham found its way to PSA/DNA during a recent collectibles show in Pennsylvania. The yearbook containing Graham’s signature was brought to the company's booth by collector Jon Algard, who had been searching for the fabled scribble for 17 years. Graham famously played just two innings in the Major Leagues in 1905 for … [Read more...]
Collectors Universe Gets Loan to Help Build New Corporate Office
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. The building will be located at 1610 East St. … [Read more...]
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...]