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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 ]
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.
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.
PSA, the industry leader in the important task of grading cards, is slowly resuming its operations. Until then, a booming billion dollar sports card market must sit and wait.
HobbyListings pointed to Professional Sports Authenticator (PSA), Beckett Grading Services (BGS), and Sportscard Guaranty Corporation (SGC) as some of the more esteemed grading services.
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A 1952 Topps Mickey Mantle card, graded as PSA 9 on a scale of 1 (worst) to 10 (best), sold for $2,880,000 in 2018. [54] Another Topps 1952 Mickey Mantle card, graded 9.5 by SGC, sold for $12,600,000 in August 2022, becoming the most valuable sports card and item of sports memorabilia of any sort of all time.
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