PSA is starting to roll out their comic book and magazine grading options, and one of the things unique is that PSA 10’s will receive a gold label, instead of the standard red:
Honestly at this point I wouldn’t be surprised if PSA adds a Gold Label for trading cards. The super 10 game is really the only remaining draw for Beckett. It would also cause chaos for all the psa 10 collections.
Are you thinking that they would start making all future 10’s gold labels? Or adding something similar to CGC’s Pristine 10, while keeping the standard Gem Mint 10?
Okay, yeah that would clearly cause significant issues with collections and the market.
It feels more like a marketing gimmick than anything else, and I’d hope PSA (and their large market share) don’t feel the need to stoop down to that at this time.
I feel this is more an attempt to try and win over some of the comic book grading market share. Unlike Pokemon, PSA is not top dog here, so they need something to separate themselves from the likes of CGC.
In many ways it’s similar with what CGC did to distinguish themselves from PSA with Pokemon grading by introducing the “pristine label”.
idk about this, mainly because psa’s gem mint grade is already vastly superior to cgc/beckett “gem mint” and already pretty comparable to their pristine grades. psa 10 sells for multiple times as much as cgc “10” (old 9.5) and bgs 9.5, and only slightly less their pristine counterparts (and depending on the card can be pretty much the same) and i’m sure psa already knows this.
so then the only point of psa adding a superior 10 grade would be to compete directly with bgs black labels, which are already an extremely niche case. and psa prolly doesn’t even care about beckett in general and their interaction will go something like this
As a primarily comic collector, these labels are really ugly and their grading standards are basically identical to cbcs with nothing new brought to the table They are going for the jugular on Beckett in comics and I can imagine they can take some share from them. I think they have a chance to make a mark in magazines though since it’s more niche and TATs at cgc are shitty for mags
There’s no specific numbers out there that I’ve seen like we get from Gemrate for cards but I wouldn’t be surprised if CGC has 90% of the graded market with CBCS/Beckett at 9% and all other basement companies like PGX with the final 1