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How Will Current Economic Slide Affect PSA Submissions?

HighChopperHighChopper Posts: 1,091
in Trading Cards & Memorabilia Forum
Thoughts?
There's a hole in my head where the rain comes in.

Comments

  • storm888storm888 Posts: 11,701 ✭✭✭
    Could be a substantial impact.

    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • DboneesqDboneesq Posts: 18,219 ✭✭
    I think you may start seeing a lot more $5.00/$6.00 grading specials at PSA.

    Stay Healthy!

    Doug
    STAY HEALTHY!

    Doug

    Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
  • jimradjimrad Posts: 2,777 ✭✭✭
    I don't plan on sending in anymore if I can't get back the last one I sent( took directly to public Friday submission) in over 2 months ago.

    Positive transactions with: Bkritz,Bosox1976,Brick,captainthreeputt,cpettimd,craigger,cwazzy,DES1984,Dboneesq,daddymc,Downtown1974,EAsports,EagleEyeKid,fattymacs,gameusedhoop,godblessUSA,goose3,KatsCards,mike22y2k,
    MULLINS5,1966CUDA,nam812,nightcrawler,OAKESY25,PowderedH2O,relaxed,RonBurgundy,samsgirl214,shagrotn77,swartz1,slantycouch,Statman,Wabittwax
  • neenishneenish Posts: 559 ✭


    << <i>I don't plan on sending in anymore if I can't get back the last one I sent( took directly to public Friday submission) in over 2 months ago. >>



    Wow. That's a long time. My last 103 card sub received 10/17, shipped 10/29, received by me 10/31. I was tempted to bring down my latest sub since they are 30min away from me, but I decided to ship it off today.

    Brian
  • CDsNutsCDsNuts Posts: 10,092 ✭
    Maybe.
  • lawnmowermanlawnmowerman Posts: 19,477 ✭✭✭✭
    The economy really has no influence on whether or not I send cards in.

    However, the rough handling chimp working in the slabbing dept, ruining my cards does.

    1994 Pro Line Live

    TheDallasCowboyBackfieldProject

  • jimradjimrad Posts: 2,777 ✭✭✭


    << <i>The economy really has no influence on whether or not I send cards in.

    However, the rough handling chimp working in the slabbing dept, ruining my cards does. >>



    ouch
    Positive transactions with: Bkritz,Bosox1976,Brick,captainthreeputt,cpettimd,craigger,cwazzy,DES1984,Dboneesq,daddymc,Downtown1974,EAsports,EagleEyeKid,fattymacs,gameusedhoop,godblessUSA,goose3,KatsCards,mike22y2k,
    MULLINS5,1966CUDA,nam812,nightcrawler,OAKESY25,PowderedH2O,relaxed,RonBurgundy,samsgirl214,shagrotn77,swartz1,slantycouch,Statman,Wabittwax
  • leadoff4leadoff4 Posts: 2,392 ✭
    My last one was rec'd on 11/3, nothing yet.
  • Alfonz24Alfonz24 Posts: 3,123 ✭✭✭✭✭
    For collectors it should have little impact. For the people who buy raw, grade and flip it may have an impact.
    #LetsGoSwitzerlandThe Man Who Does Not Read Has No Advantage Over the Man Who Cannot Read. The biggest obstacle to progress is a habit of “buying what we want and begging for what we need.”You get the Freedom you fight for and get the Oppression you deserve.
  • slantycouchslantycouch Posts: 1,704 ✭✭✭
    Hasn't stopped me - though it probably should have
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    However, the rough handling chimp working in the slabbing dept, ruining my cards does.




    I hear ya, I had some 1954 Bowmans ruined by said person. Joe said to send them to him but what will that do?

    The cards are ruined and I don't need to hear a BS excuse on why they are not responcible.


    If I get some more 50's cards I'd send them in knowing it is a crapshoot though.


    Steve
    Good for you.
  • GoDodgersFanGoDodgersFan Posts: 1,392 ✭✭✭
    I will submit less even though I am a collector. My 2 cents - the impact will grow as the
    unemployment rate rises.

    I am very lucky to have a good paying job that allows to do this for fun.

  • storm888storm888 Posts: 11,701 ✭✭✭
    "For collectors it should have little impact. For the people who buy raw, grade and flip it may have an impact. "

    ///////////////////////////////////////

    Last week's SEC filings and the CLCT conference call indicate that may be the case.

    Prices on expensive stuff can slip a good bit more and have little effect on submissions.

    Prices on the cheap stuff are already in the toilet, and this is already having an impact.
    Large submitters may have to modify their business models, if these prices continue
    to decline.


    Good Information About Submission Traffic

    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    "5%, decrease in sports cards grading and authentication revenues."


    Not too shabby considering the economy.


    Steve
    Good for you.
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