Half Grade: Potential $5 Special Nightmare
HITKING
Posts: 46
I wonder if you will be able to submit cards during the $5 Specials for this Half Grade review process. Can you imagine the wait to get your cards graded & returned if 500,000 to 1,000,000 lower valued PSA 8's are submitted during a $5 Special month by those trying to get that "Credit For Their Efforts" Half Grade bump?
Just remember the PSA 9's may not be effected today by this revenue generation move but tomorrow is not off limits. I am sure as time goes on the PSA Holder will need a fresher look so this future change will become another revenue generator. Will there then be different values listed in futre SMR's for the various label or holder models? Another revenue generator could be to include the grader's name on the reverse of the case. Then there could be another column in the SMR for the value of the card by each card grader. Tough graders would command premium prices. The slappy graders would be listed at between 50-75% of SMR.
I am sure some of you have removed superb mint cards from previously unsearched cases and submitted them to PSA only to vomit when they came back PSA 6's. After the quick crack out and resubmittal of the cards all come back PSA 8's & PSA 9's. True story! Are those PSA 6's from the tough grader worth the same as those PSA 9's from the slappy grader? They should be because they are exactly the same card.
My point is that I do not believe PSA has the skill level to consistently grade within one grade level but now someone thinks they are going to be able to grade half way between these grade levels next month. I do not think so! What about the mis-labeled cards that show up on eBay? Will they just be brushed under the rug as "mechanical errors." PSA Management needs to focus on improving their team's grading and execution skills before trying to dial in the bandwidth of grade differentiation.
I trust Joe Orlando will want to rethink this one! He may be destroying a good thing by trying to satisfy Wall Street's need for increased revenue recognition. Collectors Universe is a publicly traded company right! So was Enron!
Just remember the PSA 9's may not be effected today by this revenue generation move but tomorrow is not off limits. I am sure as time goes on the PSA Holder will need a fresher look so this future change will become another revenue generator. Will there then be different values listed in futre SMR's for the various label or holder models? Another revenue generator could be to include the grader's name on the reverse of the case. Then there could be another column in the SMR for the value of the card by each card grader. Tough graders would command premium prices. The slappy graders would be listed at between 50-75% of SMR.
I am sure some of you have removed superb mint cards from previously unsearched cases and submitted them to PSA only to vomit when they came back PSA 6's. After the quick crack out and resubmittal of the cards all come back PSA 8's & PSA 9's. True story! Are those PSA 6's from the tough grader worth the same as those PSA 9's from the slappy grader? They should be because they are exactly the same card.
My point is that I do not believe PSA has the skill level to consistently grade within one grade level but now someone thinks they are going to be able to grade half way between these grade levels next month. I do not think so! What about the mis-labeled cards that show up on eBay? Will they just be brushed under the rug as "mechanical errors." PSA Management needs to focus on improving their team's grading and execution skills before trying to dial in the bandwidth of grade differentiation.
I trust Joe Orlando will want to rethink this one! He may be destroying a good thing by trying to satisfy Wall Street's need for increased revenue recognition. Collectors Universe is a publicly traded company right! So was Enron!
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Comments
Raw: Tony Gonzalez (low #'d cards, and especially 1/1's) and Steve Young.
BINGO!
Someone else gets it.
I have had 5's.........come back 9's...before 1/2 grades!
Loves me some shiny!