I’ll answer your questions in order. Keeping in mind I’m strategic about how I submit to PSA so a few of these have never been a concern to me;
Packages are returned marked specifically as “Sports card appraisal return”
Value of the package is the cost of the trading component as @shizzlemetimbers has explained. If that cost is $450 for grading, that’s the cost it’ll be marked at.
Your implication for tax importation is about to change. As of July 1, the threshold for any importation is $0. How this applies to PSA returns is unknown as you technically have paid for a service and how customs treats that is still unknown. For my own planning, I’m treating it like I will be charged and will wait to see how it comes back.
There is no real insurance that I can decipher. What I have been told is that if something goes missing, it’ll be compensated at the declared value plus grading fees, not the value of the graded card.
I can only speak for my experience. I always keep submissions low so that none will ever return with a declared value higher than $1,000AU. I do this by breaking up my subs into orders of 61-85 cards each. At 61 cards, the return shipping cost is at its most efficient anyway.
I’ve also never lost a package so can’t claim to have experience with how they would compensate anything lost. You would have to physically ask them yourself for a definitive answer.
Excellent information, thanks so much, gotta love this community.
Hmm wow.. July 1 may eff us over.
This submission is on the cusp of July 1. I wonder if the assessment date is the date the package is shipped from the sending country or the date it is received by customs in Australia.
for example, if my submission is posted back by PSA on June 25 but received in Australia at July 1, wll i be assessed under old or new rules. So many Variables!
When you factor in how long it takes for your package to get back, you need to factor in public holidays, the random wait times between being delivered at PSA and when they enter it into the system and if they will grade in the “estimated” timeframe.
The “days” are business days. I count 39/40 business days between now and July 1.
A reasonable estimate using the full time (noting they can be quicker or longer) is July 31st. That factors in sending today, postage times both ways, delay in handling etc.
As for the charges, imports incur 10% plus handling fees.
I’m not sure if you will be charged in accordance with the current model, but if you are it’s around $150 in processing fees too. A separate company is involved because as citizens we can’t directly deal with customs. That means we have to pay a third party for their time. It’s disgusting.
You can read about on any Aussie page that discusses imports.
Submission costs approximately $900 so 10% fee = $90 charge is how i calculated the *estimate based on not knowing the particulars* lol
The potential of receiving my cards before July 1 2017 is optimism.
Last two submissions (55 days) my friend did one was completed in 7 days and another 15 days.
Shit… $150 processing fee + $90 10% fee. it’s basically going to non-viable to grade anymore… let’s see how this plays out. Disgusted.
Lol complete fail above
So UK PSA submitters will be hit aswell or?..its too late to digest anything, except Piplup Ice cream. I received a lovely card through the post today. We WONT deliver your parcel you filthy peasant…pay us monies and we will let you have it.
BASTARDSSSSSS…Its either my AMIAMI delivery or a pair of FA Japanese Pikaboooo’s…I wants it rather pointless posting the card…should have posted the package while he was at my door!
Not long until the dreaded 1 July. I’m salty that our PSA grading costs are very likely to cop GST going forward but if this $150 processing fee is also applicable then im going to literally cry. Imagine only wanting to send a few cards, it just wont be viable financially.
Hey oz.@ozenigma
Do u have any idea as to whether you are legally obliged to accept your goods?
For example if i bought a heap of shit and started getting multiple bills of $150 processing fees, could i just tell them to get f’d and refuse to pay/accept my items?
Also public service announcement to all Australians. If you are purchasing directly from an overseas seller so for example off an efour member or an online card store and their revenue for goods sold to AUSTRALIANS is less than 75,000 for the financial year then no gst is applicable. So a company that has revenue of 500,000 but only 50, 000 of that is from selling to Australians means no GST applicable and it is business as usual.
Unfortunately the Oz government is treating ebay/amazon as an electronic distribution platform and you will have to pay gst even iif your buying from someone who sells 1 item for the whole year and makes $1.