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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 ]
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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 ...