PSA numbers just out: 21,055,829
451,116 for the qtr. Now remember there are delays, etc. So it looks easy like a new record number of card certs at PSA for the qtr. Figure 420K at $8/each. 144K last month alone so good momentum for PSA going into the "slow" months.
This qtr could even be higher. Last qtr they reported 390K in the 10Q but if you look at the monthly totals as reported by PSA it should have been 438K. So almost 50K cards got pushed into this qtr. Maybe we see that surge this qtr.
used the internet wayback machine and found an archived psacard web site from January
January started at 20,166,187 so the qtr total was 438,476 cards. Gain over last year: 72,276 cards
January total was 135,368
At $4/card after margin and taxes, I get $289K more in profits this year for card division (3.5c/sh)
nice Motley Fool article on Baseball Cards. 2nd in the series
The Investment Profile of the Modern Baseball Card
By Jeff Hwang | More Articles | Save For Later
April 5, 2013 | Comments (0)
In my first column on baseball cards in February, we noted that the baseball card industry has fallen from $1.5 billion in 1992 down to its present level around $200 million, due to a combination of three things:
Declining values for cards on the secondary market due to vast oversupply.
Rising pack prices for the few new issues with non-zero values.
The 1994 baseball strike from which the industry has never fully recovered.
But we also established that, despite the widespread devaluation on the secondary market of baseball cards from the 1980s and early 1990s, the values of the key rookie cards (RCs) of baseball's biggest stars have, in fact, increased in value over the past 20 years -- and sometimes, considerably so -- once you factor professionally graded, Gem Mint condition cards graded by Beckett Grading Services (BGS) and Professional Sports Authenticator (PSA), a division of Collectors Universe (NASDAQ: CLCT ) .....