1455 - Defending PSA

Dr. Beckett explores the controversial topic of PSA's upcharges for card grading. Offering a unique perspective as a former competitor with foundational experience in grading, he breaks down why these additional fees might actually strengthen PSA's brand by contributing to higher secondary market values. By comparing PSA with BGS and sharing insights from his time in the industry, Dr. Beckett provides a comprehensive analysis of the grading market, including issues of consistency, market value, and the psychological justification behind higher prices for PSA-graded cards. 00:53 Historical Context of Grading 01:42 PSA's Competitive Edge 02:53 Psychological Justification for Higher Prices 03:34 Grading Charges and Market Value 05:59 Consistency and Mistakes in Grading 07:13 PSA's Business Strategy and Criticisms