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Ultra-Modern Bulk Subs Price Increase

Kep13Kep13 Posts: 515 ✭✭✭

Just read it online in an article and have verified in PSA pricing chart...from $9 to $12 per card

Bulk.jpg 126.1K

Comments

  • orioles93orioles93 Posts: 3,463 ✭✭✭✭✭

    There was another thread about this. It poofed after just a few hours. But in my opinion the $12 per card isn’t that bad, but the $15 per card for 50 card minimum is what really hurts for people that don’t have hundreds of cards to send in.

    What I Collect:

    PSA HOF Baseball Postwar Rookies Set Registry- (Currently 77.97% Complete)


    PSA Pro Football HOF Rookie Players Set Registry- (Currently 19.26% Complete)


    PSA Basketball HOF Players Rookies Set Registry- (Currently 6.02% Complete)
  • Kep13Kep13 Posts: 515 ✭✭✭

    no reason this should go poof. I am just throwing the price change out there since I haven't seen a post or email about it..I am hoping this slows down the influx of modern cards that are being submitted...but, all of the Zions are going for mega-bucks, so people probably aren't going to hesitate to continue to submit them as $3 a card isn't much when the PSA 10 Zions are going for $300, $500, $1k, etc....

  • _EagleEyeKid__EagleEyeKid_ Posts: 273 ✭✭✭
    edited June 16, 2020 6:05PM

    @orioles93 said:
    There was another thread about this. It poofed after just a few hours. But in my opinion the $12 per card isn’t that bad, but the $15 per card for 50 card minimum is what really hurts for people that don’t have hundreds of cards to send in.

    Yes, there was no reason for it to go poof. I was simply venting and maybe it was my tone.
    $12-$15 is expensive if you're sending in cards between $1-$10
    I just had to ship to my 244 cards off to SGC and they gave me the $8 per card rate which was great.
    My plan now is to sell SGC cards and use the $ to purchase the PSA cards that I want/need.

  • firedawg45firedawg45 Posts: 1,251 ✭✭✭

    I wish they woulda told us about the increase instead of the sneak attack method, I would sent in a few orders like everyone else too.

    # 2 Pete Rose Master Set , also
    collecting 1977 topps baseball in psa 9 and psa 10
  • orioles93orioles93 Posts: 3,463 ✭✭✭✭✭

    @firedawg45 said:
    I wish they woulda told us about the increase instead of the sneak attack method, I would sent in a few orders like everyone else too.

    Probably why they didn't tell everyone lol. They would have gotten hammered for a few days more than normal.

    What I Collect:

    PSA HOF Baseball Postwar Rookies Set Registry- (Currently 77.97% Complete)


    PSA Pro Football HOF Rookie Players Set Registry- (Currently 19.26% Complete)


    PSA Basketball HOF Players Rookies Set Registry- (Currently 6.02% Complete)
  • HorseHorse Posts: 675 ✭✭✭✭

    Dear PSA,
    I would like my cards graded for 3 dollars a piece. I demand this. thank you.

    Does that work ?

    .

  • 80sOPC80sOPC Posts: 1,226 ✭✭✭✭✭

    As a Canadian these tiers make submitting a losing proposition. Our dollar is crap + shipping + cost per card means no subs for me for a while.

    That said I don’t blame PSA. Demand is there, this is good business.

    Unfortunately for the hobby this means subbing will only be for dealers, hard to justify the cost for a collector unless you have really interesting stuff.

  • rcmb3220rcmb3220 Posts: 1,108 ✭✭✭✭

    @PatriotsSB said:

    @Horse said:
    Dear PSA,
    I would like my cards graded for 3 dollars a piece. I demand this. thank you.

    Does that work ?

    .

    Not funny! Why make a joke? They just raised the price from $8 to $9 on a 100 card bulk order at the beginning of the year. $9 a card should be the price on a 100 card bulk! I have sent my message to PSA. I ask all of you to do the same. Thanks

    It’s only on 2017 and newer cards.

  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭

    @PatriotsSB said:
    Good news! I received an email back from PSA today. I was assured that this is only temporary do to overwhelming amounts of orders for this service. So i guess i overreacted slightly, and would like to take this opportunity to apologize to PSA.

    @PatriotsSB said:
    It's been 4 months since this "temporary price increase" was established without warning. How much longer until PSA ends this "temporary price increase"?

    you realize that not only did they not go back down, but they actually went up AGAIN and even eliminated a huge mid tier declared value level?

  • rexvosrexvos Posts: 3,274 ✭✭✭✭✭

    Yep the price was only temporary. Once again I do not blame PSA one bit.

    Looking for FB HOF Rookies
  • 76collector76collector Posts: 986 ✭✭✭✭✭

    Yeah, the ultra modern space is a mystery to me and I understand why PSA would raise prices and try to slow down the influx of cards. I've always felt the difference between a 9 and a 10 is either a slight centering difference or merely in the "eye of the grader". That was for 70's and 80's cards. Now, with ultra modern I can see almost no difference between a 9 or a 10 other than centering. Every single Zion card is coming out of the pack and going into a holder. The prizm and other expensive cards are on good card stock too and printing today is almost perfect compared to pre 1990 when MANY, MANY cards had printing defects. So, unless the card gets scratched, if it is centered it should be a 10 IMO. So why would anyone pay 7x-10x more for a 10 than a 9 ? I have no idea, but it is happening all over the board. I have always been a buy the card, not the holder guy, but I think that is changing with ultra modern.

    I cannot hit curveball. Straightball I hit it very much. Curveball, bats are afraid.
    Collecting:
    post world war II HOF rookie
    76 topps gem mint 10 commons 9 stars
    Arenado purple refractors(Rockies) Red (Cardinals)
    successful deals with Keevan, Grote15, 1954, mbogoman
  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 16, 2020 9:40AM

    @76collector said:
    The prizm and other expensive cards are on good card stock too and printing today is almost perfect compared to pre 1990 when MANY, MANY cards had printing defects. So, unless the card gets scratched, if it is centered it should be a 10 IMO. So why would anyone pay 7x-10x more for a 10 than a 9 ? I have no idea, but it is happening all over the board. I have always been a buy the card, not the holder guy, but I think that is changing with ultra modern.

    you may think that at first, but the zion 248 prizm is nowhere near a guaranteed 10 out the pack. and while stock is nice, the quality control isn't.

    first off, you have notorious centering issues. both t/b and ltr. most cards are either pushed to the right and/or favor heavy top centering. then you get to the "rc" logo shield. they are frequently mistamped. then the backs always have heavy scratching. throw in the normal prizm surface scratches outta the pack and occasional gloss pools here and there and it's no cake walk.

    but, when it comes to ultra modern, i am a buy the card, not the holder guy. of course i don't buy ANY modern holders. i sub them and let the guys fight for them.

    2019 prizm wax is a no brainer busting and subbing. there are so many cards that are over $250 that dropping $750 on a box is a no brainer. pull a ja or zi card that grades a 9 and you made half your money back already. hell, second year luka and lebron laker base cards (easy 10s) were fetching $500 mid season. think they are down to $225ish now, but still. throw in the rest of the rc class w guys like rui, rj, coby, herro and it's very easy to double your money. land a good silver and easy triple.

    best news is w covid and lack of college basketball season there is very little hype about this years draft class. 2020 prizm will obviously be hyped upon release but a ton of focus is gonna remain on this 2019 rookie class and this base card revolution that is happening. when the season starts back up and the flippers get back into basketball, the base zions, jas & now tyler herro will be at $750 a pop by themselves.

  • rexvosrexvos Posts: 3,274 ✭✭✭✭✭

    Still a ton of ultra modern cards that are 7s out of the pack in my opinion. For me to sub ultra modern now it has to have a value to me. (A card I want in a holder) or be a card with a high price tag either 9 or 10. If it is less than $50 in a 9 it is not worth subbing in my opinion.

    Looking for FB HOF Rookies
  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 16, 2020 10:02AM

    @rexvos said:
    Still a ton of ultra modern cards that are 7s out of the pack in my opinion. For me to sub ultra modern now it has to have a value to me. (A card I want in a holder) or be a card with a high price tag either 9 or 10. If it is less than $50 in a 9 it is not worth subbing in my opinion.

    see, i disagree. respectfully. if i am dropping $750 on a box, i'm gonna sub anything that's gonna be a $50 return, net $30 all day every day. those crumbs add up. and there are tons of easy $30 crumbs bc these guys these days want 30 of the same junk base card bc they are treating them more like day traded stocks. and they can have all of them from me. rather have a huge stack of thirty-dollar bills than a box of cards just collecting dust.

    collectors are still the only ones going after the silvers and color...which are the only ones i'll be keeping, if they 10.

    i've truly never seen anything like this. it's like buying a $5 cheeseburger meal and then someone offers you $3 for the leftover wrapper, $1.50 for the empty cup and $1 for the used napkin after you're done.

  • rexvosrexvos Posts: 3,274 ✭✭✭✭✭

    @blurryface said:

    @rexvos said:
    Still a ton of ultra modern cards that are 7s out of the pack in my opinion. For me to sub ultra modern now it has to have a value to me. (A card I want in a holder) or be a card with a high price tag either 9 or 10. If it is less than $50 in a 9 it is not worth subbing in my opinion.

    see, i disagree. respectfully. if i am dropping $750 on a box, i'm gonna sub anything that's gonna be a $50 return, net $30 all day every day. those crumbs add up. and there are tons of easy $30 crumbs bc these guys these days want 30 of the same junk base card bc they are treating them more like day traded stocks. and they can have all of them from me. rather have a huge stack of thirty-dollar bills than a box of cards just collecting dust.

    collectors are still the only ones going after the silvers and color...which are the only ones i'll be keeping, if they 10.

    i've truly never seen anything like this. it's like buying a $5 cheeseburger meal and then someone offers you $3 for the leftover wrapper, $1.50 for the empty cup and $1 for the used napkin after you're done.

    Oh I agree. The “investors” have paid for every pc card I have bought in the late 6-12 months. I enjoy their brand of stupidity but I do not buy new wax typically unless Heritage, but I have been through about 50 or so Acuna and Soto PSA 10s because I bought a ton of 2018 update when it came out. My point is from what I have seen on recent subs with my current gem rate the $15 price point does not have me wanting to send as many. I just plan on being more selective that is all.

    Looking for FB HOF Rookies
  • rexvosrexvos Posts: 3,274 ✭✭✭✭✭

    I don’t see the Herro Zion or Moran getting that high but I could be wrong. There are just sooo many 10s. Every show I go to every dealer has a case full of them it seems

    Looking for FB HOF Rookies
  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭

    @rexvos said:

    @blurryface said:

    @rexvos said:
    Still a ton of ultra modern cards that are 7s out of the pack in my opinion. For me to sub ultra modern now it has to have a value to me. (A card I want in a holder) or be a card with a high price tag either 9 or 10. If it is less than $50 in a 9 it is not worth subbing in my opinion.

    see, i disagree. respectfully. if i am dropping $750 on a box, i'm gonna sub anything that's gonna be a $50 return, net $30 all day every day. those crumbs add up. and there are tons of easy $30 crumbs bc these guys these days want 30 of the same junk base card bc they are treating them more like day traded stocks. and they can have all of them from me. rather have a huge stack of thirty-dollar bills than a box of cards just collecting dust.

    collectors are still the only ones going after the silvers and color...which are the only ones i'll be keeping, if they 10.

    i've truly never seen anything like this. it's like buying a $5 cheeseburger meal and then someone offers you $3 for the leftover wrapper, $1.50 for the empty cup and $1 for the used napkin after you're done.

    Oh I agree. The “investors” have paid for every pc card I have bought in the late 6-12 months. I enjoy their brand of stupidity but I do not buy new wax typically unless Heritage, but I have been through about 50 or so Acuna and Soto PSA 10s because I bought a ton of 2018 update when it came out. My point is from what I have seen on recent subs with my current gem rate the $15 price point does not have me wanting to send as many. I just plan on being more selective that is all.

    but psa 9 sotos are still at $60? $100 a month or so ago. in previous years, they woulda sat in my boxes too. of course no one woulda paid over the grading fee either. "sure. have at them fellas". 😉

  • rexvosrexvos Posts: 3,274 ✭✭✭✭✭

    @blurryface said:

    @rexvos said:

    @blurryface said:

    @rexvos said:
    Still a ton of ultra modern cards that are 7s out of the pack in my opinion. For me to sub ultra modern now it has to have a value to me. (A card I want in a holder) or be a card with a high price tag either 9 or 10. If it is less than $50 in a 9 it is not worth subbing in my opinion.

    see, i disagree. respectfully. if i am dropping $750 on a box, i'm gonna sub anything that's gonna be a $50 return, net $30 all day every day. those crumbs add up. and there are tons of easy $30 crumbs bc these guys these days want 30 of the same junk base card bc they are treating them more like day traded stocks. and they can have all of them f no I rom me. rather have a huge stack of thirty-dollar bills than a box of cards just collecting dust.

    collectors are still the only ones going after the silvers and color...which are the only ones i'll be keeping, if they 10.

    i've truly never seen anything like this. it's like buying a $5 cheeseburger meal and then someone offers you $3 for the leftover wrapper, $1.50 for the empty cup and $1 for the used napkin after you're done.

    Oh I agree. The “investors” have paid for every pc card I have bought in the late 6-12 months. I enjoy their brand of stupidity but I do not buy new wax typically unless Heritage, but I have been through about 50 or so Acuna and Soto PSA 10s because I bought a ton of 2018 update when it came out. My point is from what I have seen on recent subs with my current gem rate the $15 price point does not have me wanting to send as many. I just plan on being more selective that is all.

    but psa 9 sotos are still at $60? $100 a month or so ago. in previous years, they woulda sat in my boxes too. of course no one woulda paid over the grading fee either. "sure. have at them fellas". 😉

    I send those. Just not Austin Meadows

    Looking for FB HOF Rookies
  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 16, 2020 2:37PM

    @PatriotsSB said:
    You mean PSA lied to me?

    up to $15. good news is they lowered the minimum cards from 100 all the way down to 20.

    then the next sub tier is only $50. well $75 if you're not a member.

    but they sold out of platinum memberships though.

    so. they didn't lie to you. the increase to $12 was "technically" only temporary and only lasted a few months. 😉😂😉

    you could say they didn't give you ALL the information though. of course, they were never required to do so in the first place.

    confusious say "he who hesitates, masterba..."

    something tells me the riot gear is still being put on though?!?

    @PatriotsSB said:
    Good news! I received an email back from PSA today. I was assured that this is only temporary do to overwhelming amounts of orders for this service. So i guess i overreacted slightly, and would like to take this opportunity to apologize to PSA.

  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭

    @PatriotsSB said:
    Hold up! You mean to tell me. They went from $8 a card on a 100 card bulk last year, to $9 a card on a 100 card bulk this year, to inventing the term "ultra modern" and raise the price to $12 a card on a 100 card bulk, to now $15 a card even if you grade 100 cards??? How come i didn't get the memo? Where did they post this? Did they give any warning???

    whatever you do, don't read this thread:

    https://forums.collectors.com/discussion/1044743/welp-that-pricing-increase-happened-sorta-i-guess

    but yes, there was a precursor to the last $15/ price increase. there were threads on every board, i believe.

  • RoflesRofles Posts: 752 ✭✭✭✭✭

    @PatriotsSB said:
    Well i'm very disappointed to say the least. I got into the hobby 2 years ago, I really enjoyed the grading process. Even though i always thought the length of time it took to grade my cards was too long, i was always happy when i finally got my cards back. I got pretty good at grading myself. My last submission i was 49/50 Gem mint 10's. I will not grade with SGC, or BGS, because i believe PSA is the gold standard. Most likely i will be leaving the hobby, unless PSA accomodates me. It was a fun couple years i learned so much about cards. But Topps, and PSA have gotten greedy! Making money hand over fist is not good enough for them! Greed ruined the hobby in the late 80's early 90's and it looks like its heading that way again. So long.

    Patriots out

    Why are you disappointed?
    It’s people abusing renewing their platinum membership every week to get a deal on graded cards.
    They fall under economy, the most submitted category BY FAR. It makes complete sense to suspend them both temporarily to help get caught up! Think about it: do you really think PSA would suspend their most popular grading tier for submitting cards unless it were absolutely vital to get caught up on the backlog to get turnaround times back down? Come on.

    Inventing a category?
    You said PSA IS THE GOLD STANDARD. So why are you being surprised about establishing a new standard in grading?
    PSA has stated that an overwhelming amount of cards submitted are “ultra-modern” for most likely the very thing you pointed out: getting 10’s.

    Now people complain about the price of grading being too high so THEY can’t make a profit. PuhLEESE.

    Look at all the upgrades PSA has made the past few months too to keep up with demand and chip away at the backlog. Clearly their backlog won’t disappear over night.
    Don’t like the increase? Don’t submit the cards until the prices does go back to normal.

    Everyone complains about wait times and now a whopping 3$ price increase, and act like PSA is doing absolutely nothing about it, despite making SUBSTANTIAL improvements from the top to the bottom.

    I for one believe the changes they’ve made are fantastic, and certainly work a lot better with what I’m planning on submitting.

    There’s enough negativity in the hobby the way it is. Glad you’re taking yours elsewhere. 👋

  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 16, 2020 11:58PM

    @PatriotsSB said:
    Most likely i will be leaving the hobby, unless PSA accomodates me.

    Patriots out

    bye felecia.

    the funny thing is you weren't even taking advantage of the price break to begin w if you went 49/50. but good luck w that iron fist/must accommodate me thing.

    do you even hear yourself? you want faster but don't wanna pay for it. so what are you going to do instead...you're gonna exit the hobby you supposedly love, claim you got good at over $150 when you weren't even subbing 100 cards to get the best price in the first place?

    i pray the electric and water company doesn't raise their prices on your family. demanding, stinky, cold and unable to see your raw card collection at night would be a terrible way to go thru life.

  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 17, 2020 9:40AM

    ok, youve got to be trolling, william wallace. after this last battle cry, i dont know whether to take you seriously or not. but just in case, the “venom” you speak of has nothing to do w psa’s price increase. and youll be hard pressed to find one person, including myself that is throwing a celebratory party about it.

    conversely, what youve been called out on is your rally cry for arms, your demands or ultimatums and the apparent delusions that whatever talks you plan to have w psa over losing your business of a 50 card sub every year or so is just a little pretentious.

    again this isnt about psa, price increases or anything other than your unrealistic, how dare they or else, veruca salt expectations. and we all know what happened to her.

    “dont care how, i want it now”

  • AFLfanAFLfan Posts: 1,272 ✭✭✭✭✭

    Ten points to @blurryface for working historical and literary references into his reply. Nicely done.

    Todd Tobias - Grateful Collector - I focus on autographed American Football League sets, Fleer & Topps, 1960-1969, and lacrosse cards.
  • Dpeck100Dpeck100 Posts: 10,910 ✭✭✭✭✭

    Most likely I will be leaving the hobby unless PSA accommodates me.

    WOW

  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 17, 2020 7:52PM

    @PatriotsSB said:

    @blurryface said:
    ok, youve got to be trolling, william wallace. after this last battle cry, i dont know whether to take you seriously or not. but just in case, the “venom” you speak of has nothing to do w psa’s price increase. and youll be hard pressed to find one person, including myself that is throwing a celebratory party about it.

    conversely, what youve been called out on is your rally cry for arms, your demands or ultimatums and the apparent delusions that whatever talks you plan to have w psa over losing your business of a 50 card sub every year or so is just a little pretentious.

    again this isnt about psa, price increases or anything other than your unrealistic, how dare they or else, veruca salt expectations. and we all know what happened to her.

    “dont care how, i want it now”

    👎

    there's two types of friends in the world. the one that will sit there and act like you don't have a piece of lettuce stuck in your teeth and actually lets you walk around all night looking like an idiot and then there's the friend that will stop you mid sentence and say "hey, bud. go to the bathroom and check yourself. you got a head of lettuce stuck in between your teeth".

    i'd rather have the latter wingman each and every time.

    how about you?

    all i'm trying to tell you is maybe rethink your strategy and perhaps adapt instead of expecting an entire company to adapt to you. darwin was a pretty smart dude. and remember, tough love is still love.

  • RoflesRofles Posts: 752 ✭✭✭✭✭

    👎

    there's two types of friends in the world. the one that will sit there and act like you don't have a piece of lettuce stuck in your teeth and actually lets you walk around all night looking like an idiot and then there's the friend that will stop you mid sentence and say "hey, bud. go to the bathroom and check yourself. you got a head of lettuce stuck in between your teeth".

    i'd rather have the latter wingman each and every time.

    how about you?

    all i'm trying to tell you is maybe rethink your strategy and perhaps adapt instead of expecting an entire company to adapt to you. darwin was a pretty smart dude. and remember, tough love is still love.

    Well said!

  • jeffv96mastersjeffv96masters Posts: 594 ✭✭✭✭

    Most industry price increases are nothing more than passed on costs associated with growth, ongoing operations, and trying to provide the services to which people are asking to be provided.

    I could see the first 2020 price increases were designed to cope with the additional covid-19 related cost increases required. I saw this in my own work and saw they had to lay people off because of it as well.

    I could see the second cost increase was designed to cope with the hiring, training, and continued operational development costs. This one no issues again- happened in my own industry.

    I could also see the third cost increase ( ultra jacked way up) designed to deal with the additional business requirements associated with the growth of the ULTRA Modern card market and all these Breakers . This one I also again had no issues with. I could clearly see the explosion of the Ultra Modern 2017 plus stuff with Mahomes and the new NFL stars and all the new hoop Stars plus a next gen plethora of baseball and hockey stars emerging. Add in Industry related pimp groups of breakers of the "newest" stuff and voila- price increase to meet demand.

    The ONLY Price increase that bothers me that I'd like an understanding of is what changed in the modern card market that required a nearly $3 price increase in 2020 ? This particular price increase is the only one that bothers me and it bothers me the most because it's a nearly 150% increase in price from 24 months ago.

    Anyone want to make a guess- or Todd maybe you can provide some perspective to it ?

    Jeff

  • blurryfaceblurryface Posts: 5,136 ✭✭✭✭✭
    edited October 18, 2020 9:39PM

    good post, jeff! clearly you understand the explosions going on w/i the ultra modern market. not that i have any insight to answer your final question, but just from my personal experience of just ponying up $20 to grade a card w the hopes of getting it back w/i 3-4 months vs the bulk 6-7 months time frame coupled w the removal of the $20 economy level for single submitters all together, i'd venture to say that a lot of folks out there might have had the same mindset knowing how quickly things can move. perhaps, they thought the additional $8 per card was more important than having the cards tied up for 3 more months, too?

    with all that being said, my simple guess is that psa just realized there was money being left on the table. not scientific or anything but maybe the answer is simply "because we could"?

    after all, i think i read the last price increase resulted in MORE subs, not less? which is kinda mind blowing. or maybe it's as simple as they were just trying to slow the influx of subs last time and it back fired?

    eta: knowing the previous explosion on top of a significant preexisting backlog, my mindset w this last price increase is that $15/ is not worth a probable 8 month time frame to get a modern card back. and $50 to get it back in 3 months knowing how hard they seem to be grading these days had all but curbed my subs. i did reach out to a group subber for a few subs on cards i hadn't had time to review and prep, but from here on out, i'll just be sitting on the sidelines waiting on everything i have to pop and then see what happens from there.

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