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Big Increase Reported For Nr. Of Stamps PSE Has Graded.

I picked this up on the U.S. Coin Forum. It's about Collectors Universe. Scroll down for the numbers on PSE. Stamps are moving Daddy-0's!

News Story A 71% increase from a year ago!

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  • Wow, I'm glad everyone (including dealers)are starting to catch on now. I knew the submissions had increased but 71% is incredible. There is so much potential for graded collecting right now it's hard to grasp.
  • In July 2005, our population report showed that we had graded 31,742 stamps. Our latest report, run last week, indicates our graded population now stands at 57,209 units, an increase of 80%. We graded 25,467 stamps in fiscal 2006 out of a total of roughly 38,000 submitted. That's about two thirds that leave here with a grade.

    In actuality, when you include the stamps sent for grading that fail to meet the minimum grade, I'd estimate that closer to 85% of the stamps we are sent request grading. When we started out six years ago, barely 5% of the stamps we were sent requested grading.

    Michael Sherman
    Director of Numismatics
  • Ahhh the good old days, wish you'd drop back by sometime Mike we miss you!
  • KentuckyJKentuckyJ Posts: 1,871 ✭✭✭

    These ARE the good old days! We'll know it for sure tomorrow image

    Any idea what the PSE numbers are up to now?
  • I don't know numbers this year (probably down some with less commons being submitted, although after Sc 704 they are only $8 each anyway) but I'm sure the last few months have been up with the 10 and 20 percent off submissions promotion they have been having. For example on a 20 item submission at $32 each the total is $640 -20% = $512 + shipping. NTB (not too bad)
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