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PSA was launched in July 1991 by David Hall, owner of the coin grading company Professional Coin Grading Service (PCGS), to serve collectors as a third-party card grader. [1] At the outset, the business faced difficulties owing to a limited demand from collectors who sought card grading services. [ 2 ]
Collectors Universe Inc. is an American company formed in 1986, now based in Santa Ana, California, which provides third-party authentication and grading services to collectors, retail buyers and sellers of collectibles. Its authentication services focus on coins, trading cards, sports memorabilia, and autographs.
Cards are evaluated by third-party services, most often Professional Sports Authenticator (PSA), Beckett Grading Services (BGS) and Sportscard Guaranty (SGC), and given a grade on a ten-point scale based on condition. [5] The images below do not necessarily represent the individual specimen sold but are representative of the given cards.
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The Professional Sports Authenticator (PSA) company graded this card a PSA 8 Near Mint-Mint (NM-MT) on their 10-point scale, [31] [32] the highest grade given to a T206 Honus Wagner card. Bill Hughes [33] was the official grader of the card, working for PSA at the time. Hughes admitted to knowing that the card had been altered when he graded it ...
Many Griffey cards were returned and the result was that Upper Deck printed many uncut sheets (sheets consisting of 100 cards) of just Ken Griffey, Jr. [14] According to Professional Sports Authenticator, the Ken Griffey, Jr. would become the most graded card of all time with the company. PSA graded over 50,000 of the cards.
One of the most famous price guides is the Beckett price guide series. The Beckett price guide is a graded card price guide, which means it is graded by a 1–10 scale, one being the lowest possible score and ten the highest. In addition, Professional Sports Authenticator (PSA) grades cards 1–10, and can authenticate autographs as well.
Cards are considered poor to pristine based on their condition, or in some cases rated 1 through 10. [35] A card in pristine condition, for example, will generally be valued higher than a card in poor condition. Major card grading companies which provide these ratings on a scale of 1-10 include PSA, Beckett, and SGC.