so PSA is closed...is BGS next? To submit or not submit

buckunteer · 03-20-2020, 11:13 AM

I can't wrap my head around this. My best guess is they'll be open at least another week or two unless things go suddenly sideways in Texas. Nothing on their website about closing temporarily. Are fewer cards going to be submitted due to budgetary issues? More cards submitted due to time/boredom? I really don't know.

In all honesty I have literally dozens of cards I need graded but obviously can't afford that. I have pulled the 10 I want graded most and probably wouldn't even send all 10 of those in, but I am tempted to send a handful. Thoughts and opinions welcomed

twooge74 · 03-20-2020, 11:24 AM

PSA is back open as of yesterday, I believe.

Justin7 · 03-20-2020, 11:25 AM

PSA is open

KhalDrogo · 03-20-2020, 11:27 AM

PSA is closed.

I would not risk sending off anything to BGS unless you are willing to potentially wait months to get it back.

Wings · 03-20-2020, 11:29 AM

PSA open for business

Comix Guy · 03-20-2020, 11:34 AM

So they are just defying the government order?

What jobs are considered “essential”?

Besides the staffing of the businesses allowed to remain open, the order specifies activities needed “to maintain continuity of operation of the federal critical infrastructure sectors, critical government services, schools, childcare, and construction, including housing construction.”

https://www.mercurynews.com/2020/03/...are-the-rules/

bmf · 03-20-2020, 11:36 AM

PSA opened back up yesterday. Talked to BGS today and they said they have no plan to close and it hasn’t even been a topic discussed.

KhalDrogo · 03-20-2020, 11:45 AM

Guys, PSA is closed again until 3/31. This was a change just a bit ago.

mc1 · 03-20-2020, 11:47 AM

Texas has only mandated closing of bars, restaurants (drive-thru or pick-up only), gyms and schools for two weeks. Until further notice I wouldnt worry about other state restrictions.

More details here.

https://www.google.com/amp/s/www.tex...eg-abbott/amp/

bloodwings19 · 03-20-2020, 11:49 AM

I know CGC (Comics Grading) has been slowed. I saw that a Gamestop store tried to stay opened because the manager said it was essential for living

22emmittfan · 03-20-2020, 12:11 PM

MARCH 20, 2020 UPDATE

Pursuant to Executive Order N-33-20, issued on March 19, 2020 by the Governor of California, Collectors Universe’s Orange County office has closed until further notice.

As a result, Professional Coin Grading Service (PCGS) and Professional Sports Authenticator (PSA) have temporarily ceased operations, effective immediately.

It is evident to all that we are in uncharted territory. For now, the larger public good mandates this closure. We will share our reopen date once it is established by the state of California.

Thank you for your patience and understanding, and please stay healthy.

Sincerely

ShaneFalco · 03-20-2020, 12:33 PM

PSA likely closed until April 19th.

Comix Guy · 03-20-2020, 12:35 PM

Quote:

Originally Posted by ShaneFalco

PSA likely closed until April 19th.

Based on?
There was no end date on the order. Restrictions will be in place “until further notice,” it said.

mwsteinb · 03-20-2020, 12:43 PM

Wondering if this impacts graded PSA card values right now? Meaning yes, most prices are slowly dropping on players across the board, but if nobody can reliably get new PSA cards even looked at for any service level, shouldn't current PSA slabbed cards hold steadier? Not sure what happens with Raw card values, but if I were a buyer, I would look to assemble as many PSA 9s and 10s as I could to skip hassle of sending in to them anything raw.

DajuanWagner · 03-20-2020, 12:44 PM

PSA is closed...….PSA is open...……..does it really matter? They ain't sending out cards...…..my submission has been with them since 1st week of December, so open/closed, doesn't matter...……….

ShaneFalco · 03-20-2020, 01:01 PM

Quote:

Originally Posted by Comix Guy

Based on?
There was no end date on the order. Restrictions will be in place “until further notice,” it said.

All non-essential business in California is halted until April 19th. Until further notice is because it'll likely go on longer than the 19th and they don't want to give a time yet. We're just getting into this thing, buckle up.

IndySportsCards · 03-20-2020, 01:03 PM

PSA is closed, but will we even notice?

superdan49 · 03-20-2020, 04:54 PM

Quote:

Originally Posted by mwsteinb

Wondering if this impacts graded PSA card values right now? Meaning yes, most prices are slowly dropping on players across the board, but if nobody can reliably get new PSA cards even looked at for any service level, shouldn't current PSA slabbed cards hold steadier? Not sure what happens with Raw card values, but if I were a buyer, I would look to assemble as many PSA 9s and 10s as I could to skip hassle of sending in to them anything raw.

This is a good series of questions. There is certainly a subset of high-end collectors who want only PSA-graded cards. There are not a lot of 2019-20 Optic and Select cards graded yet by PSA. I think the few that were graded—especially the PSA 10s and even more especially LeBrons and Zions—will get an increased premium over BGS cards in the same grade in the short term.

ThoseBackPages · 03-20-2020, 05:33 PM

yea, once baseball starts up, its going to be really interesting to see pricing

cking · 03-20-2020, 06:18 PM

Quote:

Originally Posted by twooge74

PSA is back open as of yesterday, I believe.

Quote:

Originally Posted by Justin7

PSA is open

Quote:

Originally Posted by KhalDrogo

PSA is closed.

Quote:

Originally Posted by Wings

PSA open for business

Quote:

Originally Posted by bmf

PSA opened back up yesterday.

Quote:

Originally Posted by KhalDrogo

Guys, PSA is closed again until 3/31.

Quote:

Originally Posted by ShaneFalco

PSA likely closed until April 19th.

LOL........Thats what I call a Blowout Special

mwsteinb · 03-20-2020, 06:36 PM

Quote:

Originally Posted by superdan49

This is a good series of questions. There is certainly a subset of high-end collectors who want only PSA-graded cards. There are not a lot of 2019-20 Optic and Select cards graded yet by PSA. I think the few that were graded—especially the PSA 10s and even more especially LeBrons and Zions—will get an increased premium over BGS cards in the same grade in the short term.

Right it's almost as if anyone who got PSA grades on recent cards got them in under a cut off date. Now, it will be impossible for anyone to get any new PSA grades for months. Ja and Zion Optic PSA 10 could carry a temporary premium, and he's not like there will be any further Trae and Luka for a while. Maybe that leads to a market correction and the prices go back up at some point on some of the latest product releases and young stars. But not sure if the general buyer will pick up that these PSA 9s and 10s are the last batch for months or if they should carry any implied extra value.

houstonrockets · 03-20-2020, 06:59 PM

Quote:

Originally Posted by DajuanWagner

PSA is closed...….PSA is open...……..does it really matter? They ain't sending out cards...…..my submission has been with them since 1st week of December, so open/closed, doesn't matter...……….

sent a 15 day in second week of Jan. Popped yesterday. Will only get worse from here.

Siberian13 · 03-20-2020, 07:03 PM

Make sure to use a pen and write on the back of your cards. Won't even lower the grade

rj.cataldo · 03-20-2020, 07:04 PM

I think you'd have to be crazy to send something to BGS right now. Sure they may be open today, but everything is so fluid it could change in a day. MAYBE an ultra quick turnaround you get your items back, but do you really want to risk that? In a market that's getting increasingly depressed, I'm not sure you will get maximum value for your item anyway. Question is, would you rather have the cards at home or sitting for an indefinite amount of time with BGS?

I sent cards in to PSA a few weeks back and the delivery was shown on USPS< but of course it takes PSA weeks to process just to keep the clock from running. I don't know where those cards sit at this point, and as far as I know, could be lost forever.

houstonrockets · 03-20-2020, 07:10 PM

Quote:

Originally Posted by rj.cataldo

I think you'd have to be crazy to send something to BGS right now. Sure they may be open today, but everything is so fluid it could change in a day. MAYBE an ultra quick turnaround you get your items back, but do you really want to risk that? In a market that's getting increasingly depressed, I'm not sure you will get maximum value for your item anyway. Question is, would you rather have the cards at home or sitting for an indefinite amount of time with BGS?

I sent cards in to PSA a few weeks back and the delivery was shown on USPS< but of course it takes PSA weeks to process just to keep the clock from running. I don't know where those cards sit at this point, and as far as I know, could be lost forever.

It's currently a month wait to start the process once PSA receives the cards.

03-20-2020, 11:13 AM	#1
buckunteer Member Join Date: Mar 2013 Posts: 5,575 scuba_34 buckunteer	so PSA is closed...is BGS next? To submit or not submit I can't wrap my head around this. My best guess is they'll be open at least another week or two unless things go suddenly sideways in Texas. Nothing on their website about closing temporarily. Are fewer cards going to be submitted due to budgetary issues? More cards submitted due to time/boredom? I really don't know. In all honesty I have literally dozens of cards I need graded but obviously can't afford that. I have pulled the 10 I want graded most and probably wouldn't even send all 10 of those in, but I am tempted to send a handful. Thoughts and opinions welcomed __________________ I collect Michael Jordan, Mitch Richmond, and Ohio State football and basketball cards in their OSU uniforms! I strongly prefer 90s era cards and use newer cards primarily as trade bait.

03-20-2020, 12:33 PM	#12
ShaneFalco Member Join Date: Jun 2019 Posts: 620	PSA likely closed until April 19th. __________________ The 96' Sugar Bowl game will haunt me forever.

03-20-2020, 01:03 PM	#17
IndySportsCards Member Join Date: Dec 2008 Location: EO 13848 Posts: 41,883 braco0 IndySportsCards	PSA is closed, but will we even notice? __________________ Most people would rather be in the majority, than be right.

03-20-2020, 05:33 PM	#19
ThoseBackPages Member Join Date: Feb 2010 Location: Long Island Posts: 88,654 ThoseBackPages	yea, once baseball starts up, its going to be really interesting to see pricing __________________ Pumpers Paradise #YouCryIBuy Four things that we cannot change each others minds about: Politics, Religion, Third Party Grading, and 2021 Bowman's Best Rookie Cards

03-20-2020, 07:03 PM	#23
Siberian13 Member Join Date: Feb 2015 Posts: 75,674 shiller13	Make sure to use a pen and write on the back of your cards. Won't even lower the grade __________________ O say, does that star-spangled banner yet wave O'er the land of the free and the home of the brave

03-20-2020, 11:24 AM	#2
twooge74 Member Join Date: Sep 2017 Posts: 204 jasojone_8384	PSA is back open as of yesterday, I believe.

03-20-2020, 11:25 AM	#3
Justin7 Member Join Date: Oct 2019 Location: OG Philly Posts: 2,788	PSA is open

03-20-2020, 11:27 AM	#4
KhalDrogo Member Join Date: Aug 2017 Posts: 41,076	PSA is closed. I would not risk sending off anything to BGS unless you are willing to potentially wait months to get it back.

03-20-2020, 11:29 AM	#5
Wings Member Join Date: Jul 2011 Location: Omaha Posts: 5,387	PSA open for business

03-20-2020, 11:34 AM	#6
Comix Guy Member Join Date: Dec 2015 Posts: 1,564	So they are just defying the government order? What jobs are considered “essential”? Besides the staffing of the businesses allowed to remain open, the order specifies activities needed “to maintain continuity of operation of the federal critical infrastructure sectors, critical government services, schools, childcare, and construction, including housing construction.” https://www.mercurynews.com/2020/03/...are-the-rules/

03-20-2020, 11:36 AM	#7
bmf Member Join Date: Jun 2012 Posts: 3,189	PSA opened back up yesterday. Talked to BGS today and they said they have no plan to close and it hasn’t even been a topic discussed.

03-20-2020, 11:45 AM	#8
KhalDrogo Member Join Date: Aug 2017 Posts: 41,076	Guys, PSA is closed again until 3/31. This was a change just a bit ago.

03-20-2020, 11:47 AM	#9
mc1 Member Join Date: Jun 2012 Posts: 11,176	Texas has only mandated closing of bars, restaurants (drive-thru or pick-up only), gyms and schools for two weeks. Until further notice I wouldnt worry about other state restrictions. More details here. https://www.google.com/amp/s/www.tex...eg-abbott/amp/

03-20-2020, 11:49 AM	#10
bloodwings19 Member Join Date: Mar 2008 Posts: 2,958	I know CGC (Comics Grading) has been slowed. I saw that a Gamestop store tried to stay opened because the manager said it was essential for living

03-20-2020, 12:11 PM	#11
22emmittfan Member Join Date: Nov 2018 Location: Florida Posts: 2,412 22emmittfan	MARCH 20, 2020 UPDATE Pursuant to Executive Order N-33-20, issued on March 19, 2020 by the Governor of California, Collectors Universe’s Orange County office has closed until further notice. As a result, Professional Coin Grading Service (PCGS) and Professional Sports Authenticator (PSA) have temporarily ceased operations, effective immediately. It is evident to all that we are in uncharted territory. For now, the larger public good mandates this closure. We will share our reopen date once it is established by the state of California. Thank you for your patience and understanding, and please stay healthy. Sincerely

03-20-2020, 12:43 PM	#14
mwsteinb Member Join Date: Jul 2010 Posts: 1,039	Wondering if this impacts graded PSA card values right now? Meaning yes, most prices are slowly dropping on players across the board, but if nobody can reliably get new PSA cards even looked at for any service level, shouldn't current PSA slabbed cards hold steadier? Not sure what happens with Raw card values, but if I were a buyer, I would look to assemble as many PSA 9s and 10s as I could to skip hassle of sending in to them anything raw.

03-20-2020, 12:44 PM	#15
DajuanWagner Member Join Date: Sep 2011 Posts: 7,425	PSA is closed...….PSA is open...……..does it really matter? They ain't sending out cards...…..my submission has been with them since 1st week of December, so open/closed, doesn't matter...……….

03-20-2020, 07:04 PM	#24
rj.cataldo Member Join Date: Jan 2013 Location: Chicago Posts: 2,136 fattyc02	I think you'd have to be crazy to send something to BGS right now. Sure they may be open today, but everything is so fluid it could change in a day. MAYBE an ultra quick turnaround you get your items back, but do you really want to risk that? In a market that's getting increasingly depressed, I'm not sure you will get maximum value for your item anyway. Question is, would you rather have the cards at home or sitting for an indefinite amount of time with BGS? I sent cards in to PSA a few weeks back and the delivery was shown on USPS< but of course it takes PSA weeks to process just to keep the clock from running. I don't know where those cards sit at this point, and as far as I know, could be lost forever.