Lemme see if I understand this . . .

Zixx

If you have a PSA 7 or 8 you can submit the card for a hope it could get a bump to either 7.5 or 8.5, which I understand. And yes, I'm sure there could be a need for a place for a card that is better than an 8 but just not good enough to hit the 9 grade.

Then again, you have to submit the SAME card and pay a grading fee for the second time, not knowing if the card will get the bump or not. To quote PSA: "cards submitted under this program will never be in jeopardy of going down in grade".

Well, that's nice, aint it? Think about that . . . hrmm, here's a defect we didn't notice before, so no bump. Thanks for the sub fee though! Or hey, send in those card, cuz you have nothing to worry about! Nice strategy there

Also, to quote: "For example, if you submit a 1955 Topps Sandy Koufax in PSA NM-MT 8, we would require that the card be submitted at the $60 Super Express level (cards with a declared value of $1,000-$2,499) even though the card will most certainly be worth significantly more (placing the card at the $100 Walk-Thru service level) if the card receives the half-point bump. PSA is charging the customer based on the current state of the card, not what the outcome might be."

Wow. The IF in that is pretty expensive if you ask me. Trying to eliminate crackouts for people who worry about losing a grade? Trying to cut down on low declared value/cheaper sub fees? Way to increase revenue, PSA. Although, I can't imagine too many people throwing out $60 per grade in the hopes of a bump. I'm sure some will, and maybe it will just be better business for PSA, to grade fewer cards at higher fees.

Overall, I feel for you vintage collectors and registry set guys. Then again, it won't change the guys with deep pockets who are after the 9-10 graded sets, and if you are on a smaller budget, then maybe it wont matter as much either. A PSA 8 set will likely stay a PSA 8 set. As for the modern collector, it won't change a thing fortunately, because there won't be a 9.5 grade(yet?).

Interesting, but let's call a spade a spade. It's purely a business decision. It's just a shame that those who made PSA(those who paid the fees) what it is over the last 17 years won't even get a discount for RE-submitting their own PSA graded cards! That's a shame.

Just my thoughts, hope no one got bored with the word count

Zixx

True, but I added two smileys


and paragraph breaks are your friend!

lawnmowerman

Uhhuhhuh.... that's like alot of words and stuff.

ArnyVee

You had me at hello

mtcards

Re-subs should not have an "out" that cannot lower the grade. If you re-submit a card that should have been lower originally, then you get what you should have gotten originally.

BobaFett72

how can a resub be lowered?

if it wasnt a "7" to begin with, why was it rewarded with a 7.
if they didnt get it right the first time, who's to say they got it right the 2nd time etc.

rube26105

if i cant get a 9.5 from my 9 50 bowman fbs , ,why is there not a 9.5? thats stupid, but theres a .5 for everything else?

MeteoriteGuy

<< <i>If you have a PSA 7 or 8 you can submit the card for a hope it could get a bump to either 7.5 or 8.5, which I understand. And yes, I'm sure there could be a need for a place for a card that is better than an 8 but just not good enough to hit the 9 grade.

Then again, you have to submit the SAME card and pay a grading fee for the second time, not knowing if the card will get the bump or not. To quote PSA: "cards submitted under this program will never be in jeopardy of going down in grade".

Well, that's nice, aint it? Think about that . . . hrmm, here's a defect we didn't notice before, so no bump. Thanks for the sub fee though! Or hey, send in those card, cuz you have nothing to worry about! Nice strategy there

Also, to quote: "For example, if you submit a 1955 Topps Sandy Koufax in PSA NM-MT 8, we would require that the card be submitted at the $60 Super Express level (cards with a declared value of $1,000-$2,499) even though the card will most certainly be worth significantly more (placing the card at the $100 Walk-Thru service level) if the card receives the half-point bump. PSA is charging the customer based on the current state of the card, not what the outcome might be."

Wow. The IF in that is pretty expensive if you ask me. Trying to eliminate crackouts for people who worry about losing a grade? Trying to cut down on low declared value/cheaper sub fees? Way to increase revenue, PSA. Although, I can't imagine too many people throwing out $60 per grade in the hopes of a bump. I'm sure some will, and maybe it will just be better business for PSA, to grade fewer cards at higher fees.

Overall, I feel for you vintage collectors and registry set guys. Then again, it won't change the guys with deep pockets who are after the 9-10 graded sets, and if you are on a smaller budget, then maybe it wont matter as much either. A PSA 8 set will likely stay a PSA 8 set. As for the modern collector, it won't change a thing fortunately, because there won't be a 9.5 grade(yet?).

Interesting, but let's call a spade a spade. It's purely a business decision. It's just a shame that those who made PSA(those who paid the fees) what it is over the last 17 years won't even get a discount for RE-submitting their own PSA graded cards! That's a shame.

Just my thoughts, hope no one got bored with the word count >>




You could always resubmit a card in its grading case and try for an upgrade. This has been true with all companies.

Zixx

<< <i>how can a resub be lowered?

if it wasnt a "7" to begin with, why was it rewarded with a 7.
if they didnt get it right the first time, who's to say they got it right the 2nd time etc. >>



For examples, see 4SC's auctions. You'll find cards that are 10's that should be 9's, if not 9.5's(if there was a PSA 9.5)

You think they catch every surface wrinkle or some other minor defect every single time?

Zixx

<< <i>You could always resubmit a card in its grading case and try for an upgrade. This has been true with all companies. >>



Right, but now you'll likely get hit with higher required grading fees, right? Example, you could submit a 1955 Topps Koufax for a cost of $15 if you declare its value at $495. But if it came back an 8 and you now want to see if it can be a 8.5, it will cost you $60 since it must be declared as having a value of $1000-$2499. Or you could crack it out and have it cost $15 again.

I'm sure the SMR will get updated very soon, eh?