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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.
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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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A T206 Wagner given a two on the PSA's 1–10 grading scale sold for $75,000 in September 2000. Five years later, in 2005, another PSA 2 card sold for $237,000. Included in the above auction, a PSA 1 card sold for $110,000. [90] In 2004, a PSA PR-FR-1 Wagner sold for $109,638. [91] Another PSA PR-FR-1 brought $132,000 one year later in 2005. [91]
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