The consumer is paying at least $16 to have high resolution scans of their card and a virtual grade, no slab, no protection.
No value in my opinion. No one is paying more for a raw card after this process completes.
Just grade the cards yourself at this point. Fun and free.
Looks like they are targeting that. A virtual grade and a virtual scan for $16. I don’t understand the business case as a collector or investor to do this.
Also, I just went onto their website and this is the first thing I see. It seems like a straight up parody of an actual company. This is what 14 year olds sell to their friends to try and make money to buy an xbox. “Hey my dad has a cool scanner, if you give me $5 I’ll scan anything for you”
I came across a video of a stall set up in an actual brick and mortar store, thought it had potential for maybe pre grading. Clearly it needs work though…
I like the attempted innovation. I just dont see the value though. $16 and you have to do most of the work for a “community” of graders to assign a grade that becomes irrelevant the second you take the card out of the scanner and handle it again
Might be useful for someone that has never seen a graded card before. But anyone with actual experience can pregrade faster than the scanner takes to scan and probably more accurately
One of the biggest issues with scan based grading is it can mask/hide dents, so the fact that they’re eyeballing a scan and assigning a grade is silly.
$16?? Can you imagine a year ago when psa was like $8 a card that there would be a company that charged twice as much for a community assigned grade? Wild. The PSA backlog has caused so many ripples.