PSA fee schedule
jcdcubs
Posts: 341
Looking at PSA's fee schedule, the cheapest rate listed is $6/card if you get a minimum 100 cards graded. I notice a large number of sellers on ebay list graded cards that often sell for less than $7. Obviously these aren't rare cards, but apparently cards they deemed worthy of being graded. Are they getting these cards graded for next to nothing? Seems like they would be losing money on every auction. Maybe these are just liquidations. If the state of the card collecting business is that bad will any of these grading services be around in 5 years?
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I also received one card that paid for the entire submission and some.
I had a few cards that fetched 15x the sub fee.
Big bulk guys can (from what I have heard) get the fee down to 4.00 a card.
I'm sure that there are times that someone got so hammered on a sub that it was a total loss
but that is because they sent in cards not worthy of being graded maybe.
Steve
<< <i>Looking at PSA's fee schedule, the cheapest rate listed is $6/card if you get a minimum 100 cards graded. I notice a large number of sellers on ebay list graded cards that often sell for less than $7. Obviously these aren't rare cards, but apparently cards they deemed worthy of being graded. Are they getting these cards graded for next to nothing? Seems like they would be losing money on every auction. Maybe these are just liquidations. If the state of the card collecting business is that bad will any of these grading services be around in 5 years? >>
It depends, as in everything else.
Super submitters do definitively get discounts on submissions.
Also, it is a yield game. If you submit 100 cards at $6/card, and 75% of the cards come back as PSA 8 or PSA 9 that sell for less than the grading fee, you can still come out ahead if the rest are [modern] 10s that realize significant premiums. Consider it sort of like an educated lottery [unless you believe that there are absolutely, positively always huge qualitative differences between a PSA 9 and a PSA 10] -- the 10s can bring in big bucks, and the 9s can be net money even or money losers.
M