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How much do I pay, and what is a Declared Value?

Q:

A: Once you are prepared to fill out a submission form, you will need to select a Service Level, which is determined by your Declared Value. The Declared Value is your estimate of the value of the item after it has been assigned a grade by PSA. We understand you will not know the true value of the item until it has been graded, so we ask that you form a realistic, educated estimate based on your own research, keeping in mind that the Declared Value acts as a maximum value for shipping insurance purposes and in the event of a claim related to the item.

To determine your value, we recommend you start by referencing PSA’s Photograde Online to obtain a general, visual illustration of each card grade; this may help you gauge the quality of your card. Based on this assessment, we then advise you to reference various pricing sources to determine the estimated value of your item. We also recommend you refer to a wide variety of trade publications, auction prices realized and/or even contact a dealer in your area (Dealer Directory) for additional assistance.

It is important that you spend the time, utilize the available resources, and take the necessary steps to accurately estimate the Declared Value. The Declared Value you provide establishes:

the maximum item value in the event of a claim connected with that item while at PSA,
the maximum item value for shipping insurance purposes, and
the appropriate Service Level and Service Level price.
Once you arrive at a Declared Value, please refer to the submission form or Pricing for PSA Services to determine the Service Level for which your item is eligible, based on your Declared Value. The price listed will be what you will pay per item.

Note that if you desire a faster turnaround time on your order, you may select a Service Level above the Declared Value for your item.

Best Answer

  • RufussCkingstonRufussCkingston Posts: 1,643 ✭✭✭✭✭

    Without seeing the naked front, looks pretty good, even though I can't tell if there is something going on with the top right corner on the back... Really a matter of what you feel comfortable spending and how fast you want it back and how much insurance you want (if they break it or lose it on the return). A PSA 7 is going to sell for $2k-$3k, so that is the $150 price. A PSA 8 is $3k+, so technically it's a $300 cost, but you also get $4999 of declared value and a 2 week turnaround. If it was me personally and it was the only card i was submitting, I'd feel comfortable giving $300 for a $2k return min.

Answers

  • 1996 Skybox E-X2000 Star Date 2000 Kobe Bryant ROOKIE RC #3

  • Well took only 5 days They got it Monday and shipping back out today But the grade sucked gave me a NEAR MINT 7

  • RufussCkingstonRufussCkingston Posts: 1,643 ✭✭✭✭✭

    Well, it could always have been worse! You didn't really post good photos, so can't tell you why it only got a 7. Take some good pics when it comes back and we can try and pinpoint it. Probably surface issues.

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