New PSA vault features: PSA offers to buy your cards?

https://www.psacard.com/info/psa-offers

PSA Offers serve to provide fast liquidity for collectors and needed inventory for hobby partners with PSA brokering the exchange.

Where sold cards go: dealers, breakers, and local card shops within the PSA Partner network.

It’s important to note that PSA will not sell your card on eBay or any other marketplace, nor regrade.

Looks like PSA has further embedded themselves in the secondary market and are willing to buy things from the vault at liquidation prices:






Pro: if you need to liquidate, the option is there

Con: being lowballed by PSA

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So there are PSA slab breakers now? Just stream people getting these slabs and breaking them?

Cheers!

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Breakers might mean mystery slab boxes

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I’ve always thought the PSA estimates were widely off. Have they updated them to be more accurate?

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Wonder what happens for niche cards without estimates. Seems interesting nonetheless.

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I wonder if they just assign an arbitrary value, or if they just refuse to buy that.

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I don’t keep any cards in their vault so not able to check but I did find they use “Card Ladder” (not even sure what that is lol).

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Does anyone know roughly what % of market price PSA is offering?

Is the percentage higher for more valuable cards and lower for junk slabs?

I’m guessing they will create buy/sell lists and then people in their partner program will place bid for those. I’m guessing it’ll be a lowball like GameStop would do maybe 50-70% of comps

These days they use sold listings so it’s accurate where there is a sufficient data

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Are you sure it’s PSA directly buying or are they acting as an intrrmediary? From the video I saw it sounded like it’s third parties that are actually purchasing.

A pretty cool system would be being able to search for everything actively in the vault. So I could search “Eevee Fan Club” and the results would only show PSA 9 and not cert numbers. You can make an offer, and that would show up in the PSA system to the owner with a % fee tied in already.

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nice just unloading one for higher than bin prices :rofl: might be gamestop arb at the beginning if u get lucky :thinking:

No fees either, good deal

I wonder if they’ll show you buy prices before you put a card into the vault, like when your grades are in. Would be nice to know what you’d get offered before you vault.

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If that’s the case I may look at dusting off my old to-grade pile. Depends what the offer prices look like. Imagine being able to cut out the return shipping fees to the UK along with the entire process of listing, packing, paying for postage, dispatching and dealing with crappy buyers.

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This is what it says, seems like its all low value stuff anyway (<$200 or so). which is actually might be a good thing if you dont really wanna deal with those :rofl: i found a couple more that would be ~bin price less ebay fees. there are ones like 1st ed base commons psa 10s for eg. where the offer seems decent but those are pretty easy to get “above comps” for

If I can just immediately liquidate grading misses, ultra modern 9s etc for even close to break even and not have to deal with them + save on shipping returns then I am all for that

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I was shocked to see some offers on my vaulted cards the other day, and was going to make a thread tonight, but pfm beat me to it. They offered me $327 for a PSA 9 Neo Revelation Shining Magikarp and $164.25 for a PSA 9 Neo Revelation Houndoom. Both of these are unlabeled double holo errors, so I wasn’t particularly enthused by the offers.


I would not be shocked if the largest buyer was GameStop.

Nat Turner (CEO and Chairman of Collectors, which owns and operates PSA) recently joined GameStop’s Board of Directors. GameStop also began buying/selling PSA graded cards this year, and now allows/encourages customers to submit their cards to PSA for grading through GameStop.

GameStop has wanted to align with the sports/trading card collectibles business for a while, and has finally taken pretty substantial steps toward that goal. I would expect even more to come from the PSA-GameStop relationship moving forward.

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Fine, I’ll give you $400 for the magikarp

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