What are the Odds PSA's Slow Processing Time Kills the Bull Market?
I'm curious people's thoughts on this (to be clear, this thread is asking about the relationship between the PSA disaster and the bull market; I'm aware there is another thread documenting peoples authenticaiton issues). The authentication situation has gotten to the point where it is beyond embarrassing. How can PSA reps even show their face in public with a straight face and assure everyone return times are under control? They feel like they are turning into Beckett (yes, the ultimate insult). No responses, no customer service (how does ebay not have an out in their contract when it gets this ludicrous?). Can't 10x anything when if you bought something today, you'd be praying it arrives by Christmas. Especially when the reason for the delay is supposedly a company at the heart of the hobby ecosystem. Add to that the absurd wait times on non ebay auth submissions and it's just flat out shameful.This company has continually wet the bed on return times even after supposedly learning some type of lesson during COVID.
All that being considered, when do people be like "Yeah, f this, I'll come back in 6 months and see where we are at?" Waiting a month to get a card is just not enjoyable. If people aren't buying because they don't want to endure this, then when do we see a material impact on prices? Personally, unless the item is crazy rare, it's just not worth it to me to have something go to PSA for authentication.
Anyone else have thoughts as to when we see material market impact from this situation if at at all?
Last edited by asymmetricalbet; 10-04-2025 at 09:15 AM.
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