2023 PSA New Pricing and Declared Values

[inaka]

Originally Posted by ottobord

After submitting a PSA grading form can you add or delete cards from the order before the time expires on the submission?

No.

I mean, you can, but it will generate a new submission number and it will then reflect the current pricing. So if that's after a pricing special, you will lose the special pricing you have locked in.

If you anticipate possibly deleting some cards from the order. Submit a few separate orders under the special that ends tonight, and then actually submit the one that works for you.

You don't get charged for submissions that never arrive, even if you enter your CC info, etc.

[jtclockwork]

New special saves me some $ as I have no interest in it. Also, don't like the $1 bump up in "special" price. Is what it is.

I may finally submit my 1954 Aaron under the express special though.

[jplarson]

Ahh, too bad the NFL Special is from 2000 on. I know they had to start somewhere but I got stuff from 1999 I'd like to submit. Next time!

[Spacemanspif]

new monthly specials are gross.

50's vintage
Value Plus (wtf is this even for?)

I hope the website hasn't fully updated yet and there's more coming, because the volume on those is going to be nonexistent

[Jolten Joe]

Originally Posted by Spacemanspif

new monthly specials are gross.

50's vintage
Value Plus (wtf is this even for?)

I hope the website hasn't fully updated yet and there's more coming, because the volume on those is going to be nonexistent

Which is probably the whole point. It's no secret that PSA has a log jam right now and times have been extended drastically from what they were even 6 months ago. They don't need and probably don't want any more ultra modern garbage at this point.

[anusinha]

the $15 subs are mostly done and they seem to be moving pretty quick through the $19 stuff

[anusinha]

Originally Posted by Jolten Joe

Which is probably the whole point. It's no secret that PSA has a log jam right now and times have been extended drastically from what they were even 6 months ago. They don't need and probably don't want any more ultra modern garbage at this point.

Except for pokemon crap, keep sending 600k a month of those in.

[discodanman45]

I probably have more 1950's cards than most people and this is not even tempting to me. I am sure some set collectors are happy about this, but with how long non-special vintage orders take, I would stay clear from this with SGC at the same price and most likely 4 months quicker turnaround.

[Hellcat]

Originally Posted by discodanman45

I probably have more 1950's cards than most people and this is not even tempting to me. I am sure some set collectors are happy about this, but with how long non-special vintage orders take, I would stay clear from this with SGC at the same price and most likely 4 months quicker turnaround.

...and 1/4 the value. They're faster because nobody submits to them.

[discodanman45]

Originally Posted by Hellcat

...and 1/4 the value. They're faster because nobody submits to them.

1/4 the value for 50's vintage? I would check up on comps before making a statement like that.

[EldoEsq]

Originally Posted by Hellcat

...and 1/4 the value. They're faster because nobody submits to them.

I am a big PSA guy...but this is absolutely not the case with 50s and 60s cards.

Sent from my SM-S906U using Tapatalk

[discodanman45]

Originally Posted by EldoEsq

I am a big PSA guy...but this is absolutely not the case with 50s and 60s cards.

With PSA's turnaround time with vintage, there are a lot of people switching over to SGC right now. The vintage price gap is closing and BIN's on eBay are doing extremely well with SGC. I think you could make more money with SGC right now for mid-grade vintage cards. The only time submitting to PSA for vintage right now is if the card has a chance to get an 8 or higher. The registry for these higher graded cards is still a big deal. However, a PSA 4/SGC 4 1957 Frank Robinson RC will go for about the same with PSA/SGC.

[Hellcat]

Bottom line I want the most for my cards when I sell them the answer is PSA. If you don't care about ROI submit to the other guys.

[discodanman45]

Originally Posted by Hellcat

Bottom line I want the most for my cards when I sell them the answer is PSA. If you don't care about ROI submit to the other guys.

For vintage, ROI is the same for many cards right now with SGC and TAT could be 3 to 5 months less. It might be silly to send vintage cards to PSA right now with how they only care to grade Pokemon. Bottom line is you said vintage at SGC returns. 1/4 of the price, which is not true

[CheapThief]

Originally Posted by anusinha

Except for pokemon crap, keep sending 600k a month of those in.

I think the TCG mine is about played out, FWIW.

[anusinha]

Originally Posted by CheapThief

I think the TCG mine is about played out, FWIW.

Pokemon is done just as Lorcana releases, lol.

[KhalDrogo]

Originally Posted by CheapThief

I think the TCG mine is about played out, FWIW.

September was the most graded TCG month of all-time. So that doesn’t even include but a handful of 151 cards.

Pokémon will continue trucking along. Imagine if every Panini and Topps US release had a Japanese counterpart that was equally, if not even more popular. That’s modern Pokémon.

[CheapThief]

Originally Posted by KhalDrogo

September was the most graded TCG month of all-time. So that doesn’t even include but a handful of 151 cards.

Pokémon will continue trucking along. Imagine if every Panini and Topps US release had a Japanese counterpart that was equally, if not even more popular. That’s modern Pokémon.

A few things to consider:

1) Pokemon sets don't have parallels (or inserts, really, unless you're including TGs).

2) There are about 25 sets a year (English and Japanese included). I don't know how many Topps/Panini sets get printed every year in all four major NA sports +soccer, but it's probably a couple hundred.

3) Compared to sports, there are very few cards that sell for more than $20 raw right out of the pack.

4) The premium assigned to PSA 10s (or CGC 10s, whatever) for TCG is much lower than the premium assigned to sports cards.

5) Prices continue to plunge. If there was a 'graded pokemon index' I bet it's dropped 20% since July, with all kinds of (relatively) high dollar UM examples having dropped 50%+ since the summer. And it wasn't like the spread between raw and a 10 was all that great even this summer.

Opinions can and do obviously vary, but I don't think there's any way PSA is going to keep doing 25-30k a day at $15/per for much longer. There just are not enough cards being printed that are worth the grading fee.

In any case, we'll see. Interesting 3-4 months coming up.

One caveat: A buddy of mine emailed me recently about this, and suggested that the current demand may be being propped up largely by submissions to the Tokyo office. If that's the case, and you have all these collectors in Japan who are suddenly going gaga for graded Pokemon, then the importance of the N American market obviously begins to wane. That could mean we stay at $15 simply because the Japanese office is doing sufficient volume at that level.

But at least on this side of the Pacific I would be very surprised if demand for grading services didn't drop dramatically over the last quarter of '23.

[KhalDrogo]

Originally Posted by CheapThief

A few things to consider:

1) Pokemon sets don't have parallels (or inserts, really, unless you're including TGs).

2) There are about 25 sets a year (English and Japanese included). I don't know how many Topps/Panini sets get printed every year in all four major NA sports +soccer, but it's probably a couple hundred.

3) Compared to sports, there are very few cards that sell for more than $20 raw right out of the pack.

4) The premium assigned to PSA 10s (or CGC 10s, whatever) for TCG is much lower than the premium assigned to sports cards.

Opinions can and do obviously vary, but I don't think there's any way PSA is going to keep doing 25-30k a day at $15/per for much longer. There just are not enough cards being printed that are worth the grading fee.

In any case, we'll see. Interesting 3-4 months coming up.

We’ve been saying the same thing for years now. Two years ago when they were doing 200k TCG a month, did you think that could be sustained? I certainly didn’t.

[CheapThief]

Originally Posted by KhalDrogo

We’ve been saying the same thing for years now. Two years ago when they were doing 200k TCG a month, did you think that could be sustained? I certainly didn’t.

Two years ago they were still working through the backlog (at $8 per, more or less) and demand was far stronger than it is now.

Again-- we'll see. I have a buddy who works at PSA and he's adamant that they're never going to go below $15, so it's not like your opinion is ridiculous or completely out of bounds. I just don't think the economics are doing to support $10m in TCG grading fees every month for PSA much longer.

[oddstuff]

Not exactly like it...but there are signs of artificial scarcity for the newly printed Pokemon stuff much like the beanie baby days...early releases being valued highly which lead new investors to think all future releases going up in value until the bubble pops. What is really driving prices for certain key cards in each new release upward? The card characters aren't performing on a playing field...it's all based on perceived scarcity with the new cards. PSA don't care though...they'll just keep milking that cow.

[JoefromMO]

Originally Posted by oddstuff

Not exactly like it...but there are signs of artificial scarcity for the newly printed Pokemon stuff much like the beanie baby days...early releases being valued highly which lead new investors to think all future releases going up in value until the bubble pops. What is really driving prices for certain key cards in each new release upward? The card characters aren't performing on a playing field...it's all based on perceived scarcity with the new cards. PSA don't care though...they'll just keep milking that cow.

Kinda like 3 parallels all numbered the same?

[discodanman45]

I am still confused about how many cards are being submitted to PSA/SGC/CGC and even BGS who seems they want to go out of business. The majority of these orders have to have a negative ROI from the raw value of the cards.

Instead of putting new tiles in my bathroom, I may use PSA 10 slabs of failed prospects.

[Tails01]

Originally Posted by anusinha

Pokemon is done just as Lorcana releases, lol.

Lorcana is launching HARD. There hasn't been a pack for sale in my city for months. Two resupply printings are being rushed and pushed forward in time. By Christmas Lorcana will start flowing to the graders in real numbers.

[tyrith]

I'm not sure there's a single card in the last year of Pokemon releases that's actually gradable for profit. It'd have to be a card that consistently does $50+ raw, because the PSA 10 premium is down to less than 2x raw. I think you might be able to make more money sending 10 level cards to CGC at this point, just because you can get the grading done dirt cheap.