“We do need your approval in order to proceed with the adjustments, but if you do not agree to them then we will have to return them raw and with the original grading fee applied” 😂😂😂 Collectors Universe continues to absolutely laugh in the face of their customers and will continue to come up with new gimmicks to continue the screw…. I haven’t sent a card to PSA in 10 years and on my word, never will again unless it’s an absolutely vital reholder

the up charging is part of why I don't grade. My budget is already so low and to add in the fee plus the up charging seems ridiculous to me.

Hi Theo. So far, I am just sending cards to SGC. I'll just stay away from PSA. Thanks for the video.

Awesome video my friend. Deep Thoughts. PSA is brutal. Enjoyed

Nice thumbnail! The up-charge trap is real! I think one thing this does is further cement PSA as the premium brand in relation to SGC, which is something Graig was predicting three months ago. It’s just not good for collectors.

Hi Theo, I appreciate your enlightening me on the up charges from PSA. I buy the occasional graded card but I have never sent a submission to any grading company. It has got to be so expensive that it takes a lot of the joy out of collecting for me. I’ll stick with raw cards for the most part. As usual you provide entertainment and knowledge and I thank you! Best Wishes, Peter

Dude just watched the bench clear media you did with Mike I couldn’t agree with you more great job and way to not back down I pay 8.80 for CGC and love it I love the slabs so like Mike said them don’t use PSA so that’s what I do I use CGC and SGC and do MAG PRO for stuff I want slabbed with not a ton of value ….i hate PSA

Thanks for sharing Theo, I’ll stick to SGC.

I could not let this out of my eyesight I know a guy got his cards.back raw he was very blessed to have them. Ack in his hands he said I guess I got educated not payed after all these years

Great topic, my friend. I have a lot of ungraded cards because I often view the tradeoff of grading fees vs new cards as being an easy choice for new cards. Great discussion!

Finkle and Einhorn...nuff said. I no longer need any grading company to jerk me around. My collection. My grading. My displays. As soon as Zion or another company gets a vintage slab for the early 50s Topps there really isn't a need to bow to these damn companies. When we quit spending, they'll adjust. Take your collection back.

My comments on a live right after the acquisition was that, PSA buying SGC was a bad thing. You never want a monopoly. Competition lowers the prices and motivates companies to do better. That could be through technology, customer service, product services, etc. For those that grade, I think we are in trouble.

Theo, I am grateful we were not up-charged for watching your most excellent rant! 😆👊 On the one hand, some of the PSA charges seem ridiculous to me. On the other hand, having a $500 raw card graded by PSA can make it worth quite a bit more and make it so much more liquid, plus pretty much negate returns from buyers, that I can understand PSA wanting to capture some of that added value, and not give most all of it to the collector. I think SGC's fees are quite reasonable, given the quality of their service and their quick turn-around times. Great video, my collecting brother! 😊👊

Great points Theo! I worry that SGC may be forced to change too.

Thanks for the information, Theo. Some of these collectors will continue to defend and support PSA no matter what. I've seen people say that up charging for their cards, is a good thing. Because it makes the card more valuable. I don't know. Seems crazy to me too, but what do I know.

This is a prime example of what happens when a business gets too big to fail. My problem is that I mostly collect photos and PSA is the only grading company who authenticates them.

Yeah I’ve been hearing rumblings about this. Agree with the comments people have been making

Good video Theo, I've had good luck with SGC.

This is why I have no PSA Slabs in my collection I will never use them they don’t give a crap so screw them

Gave a video like. Thanks for sharing, Theo.

Im going to link thos in the next video i do talking about collecting raw cards

How bout people stop submitting? Any rocket scientist ever consider that?

I refuse to use PSA and repeatedly say it on every video I see that people talk about them and their tactics. They have major issues and instead of fixing them, they buy their biggest competitor that has been gaining on them in a hurry. They also thought that using a new slab would make all of their issues disappear, but their new slab has a flaw that makes it look cracked. I will not cry for their demise, which I think is coming faster than they think.

You people with your fancy PSA addictions 😂

I think I'll put that money in to cards and just buy some one-touch holders.

Good insights

What difference does it make? PSA doesn’t care. They are inconsistent & slow when it comes grading. Now they are ruining SGC. They don’t care about us. I’m rooting for CGS / CGC especially after buying JSA

Just enjoy the beauty of the card. Why hand your money over to any of those grading companies.

I never have sent anything in myself. Honestly, I'll just buy a few graded slabs ever so often anyhow. The masses of card collecting is lockstep this direction without a doubt.. That is exactly why I'm not following.. Like I was with the mindless herd in the 90s.. I'd rather have more cards, which could be graded anytime anyhow.

Not sure what’s hard to understand. Your paying for a service they can charge what they want. It’s always been a scam. Keep your cards raw. And while we’re at it can someone explain to me what BBCE actually does that adds value?

the whole grading scheme is a joke right now, so much so that I'm starting to collect raw again. I'll still use PSA if I'm selling stuff, but if it's PC and I want to grade I'll only use SGC or CGC these days

This is another example of why monopolistic Capitalism is a problem. Inflation is more caused by the few companies that control the grocery stores, or the Chicken nugget factories… SGC may be re-branded, within the umbrella company, or they may try to make it seem independent, for a fee years… Who knows? All I know is, huge corporations “legally” gaining control over 70% of the supply of (insert products here), is an aspect of our economic system that has been solved before…😊

What happens if the market crashes and that $500 card loses 50% of the value? Do they give you money back?

Theo, PSA will keep pushing the envelope because we collectors keep handing them our money willingly. SGC will eventually get absorbed into PSA because that's what big companies do when they swallow up smaller ones. I have been through multiple corporate acquisitions in my career, and it's always ended up the same way. By the way, I have a hunch that most of their submissions now are modern cards. If that's true, look for PSA & SGC to start upcharging vintage cards. It's got to be easier to train an employee to grade a modern card than a vintage card. Consequently, the vintage grader will be a more highly paid employee. Just some random thoughts by me. I hope all is going well for you Theo. Nice video.

Quite simply, do not use PSA.... problem solved. Send a message with your wallet, that you do not support monopolies. Especially those that are tone-deaf, inefficient, inconsistent, corrupt and overpriced.

PSA is King, it's great to be King. I see Fanatics just changed the name of PWCC, is SGC next?

But i do know what my grades will be. 10s crossovers...Chaching!!!

This sounds terrible!!! Why the hell did you guys talk me into graded cards?!? 😂haha

PSA has been a scam for years,yet people still trust them,don't get it. PSA stands for Please Send Again!!!!!!

Psa sucks to get grades, I’ll buy cards already slabbed, I’ll send raw to sgc! Period

I paid for a 5 day service and I’m on day 7 of waiting with PSA. So breach of contract on their end. Will they refund my money no.

To play devil’s advocate here, the higher value cards are a bigger risk for PSA’s guarantee. This is the true reason for the up-charge - not because it’s any additional work for them. Let’s play a little thought exercise here - Imagine BGS had this same guarantee. If they did, they would be out $23000 for the fake Jordan PMG that was recently authenticated through them and sold. That’s a lot of up-charges to make up for that $23k “whoopsie”.

I don’t understand the upcharge. Why does a cards “value” determine how much it costs to get graded when the level of work doesn’t change?

I got uncharged $290 on my last bulk submission. In all it was over $600 to get 10/11 cards graded.. They didn't charge me for on card stating it had to go to psa/dna

They are the experts? You drank the koolaid.

Just admit it. PSA is a scam. People wont stop using them. Gotta have their card graded. SHEEP

What happens if you got 150 000 card

I got a jordan it's maybe a 3 I'm scared to death...what do I do?

Like this comment, if you’ve never sent a card in to PSA for grading. 😅👍😎

i keep saying you people need yo get that psa tramp stamp off youre backs tomany probs with thesse guys coup de tah time