Why does PSA charge for membership just to have cards graded?
Knlsportsandmore
Posts: 38
To me this seems to be a bad marketing decision on their part since many like myself only send in about 10 cards a year to be graded. I have been doing research on GAI and Beckett on Ebay and both companies cards sell for close to what similar PSA cards sell for and neither force you to buy a membership. GAI in fact offers a pregrade service for only 5 bucks then you choose to pay an additional 5 to slab it. PSA's marketing just does not seem to be making any sense to me.
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Comments
As for a marketing decision, PSA knows there are DIEHARD submitters who live and breathe PSA. They will always come back no matter what they do. I would like the membership fee waived again and the Pop report free for everyone to view. Will it happen? Probably not since there are plenty of people willing to pay for it.
1976 no bgs or gai cards found when sorted by price
1978 no bgs or gai cards found when sorted by price
1983 found a couple bgs cards and they sold for 1/2 of the psa counterparts
you will need to login to ebay to use the links
so what auction listings are you looking at. must be modern like I said since that is the only place bgs has some credibility. even that is slipping recently with some of the suggested and proven card enhancements that have upgraded from bgs 9's to bgs 10's
Just guessing here, but the guys that can't come up with the membership fee
are probably the same guys who can't follow directions on how to submit their cards,
and are probably the same guys who want to bother customer service about every grade and turn around time.
PSA kills two birds with one stone with the membership fee :
they weed out the idiots and cheapskates, and they generate revenue for themselves at the same time.
"How about a little fire Scarecrow ?"
<< <i>PSA kills two birds with one stone with the membership fee :
they weed out the idiots and cheapskates, and they generate revenue for themselves at the same time. >>
I take offence to that. I'm not an idiot and I am not a cheapskate. I do what it takes to make money and BGS modern issues make more for me. Heck, even the BGS trimmed OPC cards pull in more money than the non trimmed PSA versions. As for being an idiot...why pay for something that I can get for free elsewhere? The pop report should be free plain and simple. The SMR is a guide and you should pay for it but why a pop report? Would that increase bidding and sales from non PSA members who are trying to get into the hobby? I know people love to know how many 10's or 9's exist but can you tell me why a PSA 10 OPC Patrick Roy RC with only 7 PSA 10's get's outsold by a BGS 9.5 OPC Patrick Roy RC that has 22 Gem Mints? Maybe if people could compair the pop reports they could realize that the PSA 10 has more value?
Either way, I don't buy much vintage and getting a membership or paying for a Pop Report (I don't care about SMR's) isn't worth it for me. So it doesn't make collectors like myself cheapskates...just makes them smart for not buying something that another company gives out for free.
Here are some 1985 Topps Clemens
1985 Clemens BGS
Clemens PSA
Clemens GAI
The GAI is not closed yet and there are none closed so we will have to see.
"Pretty much every card I looked at from 1975 to present graded by the 3 companies were within a reasonable amount of each other"
I gave you 3 years where every psa card outsold the others . none could be found for the most part, you provide 1 example of 1 card outselling by $10 and that accounts for "pretty much every card"
I think wolfbear is right. I am done with this thread since it is a waste of breath . reply whatever you would like . I am as open minded as anyone about "ALL" the grading companies but plain and simple , unless you are selling modern , psa far outsells the other companies. PSA, SGC and GAI are legit companies . BGS grades trimmed cards so there is always a concern. there is a BGS8.5 rookie on ebay right now and I am afraid of my 3300 bid becasue I don't want to get stuck with a trimmed card. if it was in a psa, gai or sgc holder i would bid 50% more.
$30. That's it. If you don't like it, send your vintage to BGS, and hope for the best. You won't have much company. It is worth repeating that asking this on the PSA board is going to get some strong responses.
Also, I heard some kids the other day talking in the local card shop about grading. A kid pulled an inexpensive Lebron card, and right away wanted to grade it. He was talking about sending this card (one card) to Beckett, so he could make more money selling it. I believe that the membership requirement keeps small submitters like this from clogging up the works, so that the company can better service serious collectors. Sounds harsh, but a lot of people here will agree.
After attention was brought to this auction, the seller ended the auction. All I am saying is that if any of you truly believe that PSA may not have graded a card/cards that have been trimmed/altered in any way, then you have another thing coming. I do agree that Beckett may be more notorious for this kind of thing, but PSA also has plenty of trimmed cards in their holders. I am sure of it. Some of these card doctors are pretty damn good from what I hear.
TheRoach
<< <i>PSA kills two birds with one stone >>
I swear, I had nothing to do with killing those birds! I still have all 193 stones - in fact, they are being graded by Gem as we speak.
Mike
Question: do the six free PSA submissions only apply for new memberships or renewals too?
<< <i>Just guessing here, but the guys that can't come up with the membership fee
are probably the same guys who can't follow directions on how to submit their cards,
and are probably the same guys who want to bother customer service about every grade and turn around time.
PSA kills two birds with one stone with the membership fee :
they weed out the idiots and cheapskates, and they generate revenue for themselves at the same time. >>
I think this is exactly right.
a dead on the money comment.
sadly though, as good as this is for
fixing some of the problems,
some people still whine and complain
about the service or grades they get...
(and always will)
<< <i>When did they raise it to 6 free submissions?? It used to be just 4. Well that makes it seem a bit different now. I still like the idea of the pregrade system GAI has set up where you pay only 5.00 to have the cards graded, then once graded you can decide to pay an additional 5 to get them slabbed. This would save alot of money for those borderline cards that you may send in. They send the unslabbed ones back with a sticker saying what they would have scored it. I think PSA would benefit from a system like this I know they would get my vote then. >>
It's very simple..the ultimate decision to patronize any business or not is yours.
Skip
ANGEL OF HOPE
Skip
TUSTIN CA
some of the PSA specials run about 5 to 6 bucks anyways ..and you actually get the card slabbed
Groucho Marx
<< <i>as for the $99 membership... you get 6 free grades which equates to $60 so it really isn't that big a deal >>
Actually you get
6 Submissions @ 7 Business Day Turnaround
which is a Guaranteed $105 Value
not to mention the
1-Year subscription to the PSA Population Report
and SMR Online which is a $39.50 Value
so, forget about the SMR Magazine...
you net $45.50 on the gradings and online data alone!!!
WHAT A DEAL!!
EVERYONE SHOULD BE SIGNING UP!!
(and Not bicthing and complaining!)
<< <i>Why does COSTCO..SAM'S CLUB and others charge for a membership so you can purchase groceries, Tvs, furniture, etc?? >>
To offset the costs of the lower profit margin they have on the items they sell due to their lower prices. That doesn't apply in the case of PSA.
Tabe
www.tabe.nu
<< <i>Question: do the six free PSA submissions only apply for new memberships or renewals too? >>
AS PACKCOLLECTOR stated, the answer is yes, and I believe that when you re-up you get $10 off the membership, as my last renwal was discounted to $89. Plus there are some specials for members throughout the year. I sent in today about 20 cards under the MAY CC SPECIAL, a 5 day turnaround for $10 each (normally $25) all in all its not a bad deal, the membership is the price of many packs these days...jay
Website: http://www.qualitycards.com
As far as the pre-grade service with GAI, I do not think that is a very solid business move for long-term success. First of all, if your pre-grading fee is $5 compared to a grading/slabbing fee of $10, and say half the cards that are pre-graded are not slabbed, that would effectively reduce revenue by half. Granted, the overhead for a pre-grade is lower than slabbing, but still, it does not seem like a wise move from a business perspective. Additionally, the pre-grade could also seem like a conflict of interest. If the overall condition of cards submitted for grading declines in the future, and theoretically it should as more and more cards are slabbed (excluding current issues), is there a possibility GAI will lower their grading standards if they see too many pre-grades not follow through with the slabbing for the additional $5? Heck yes there is, just like every other company out there, they are driven by a bottom line which says they need to make a profit to be successful.