GITNUX MARKETDATA REPORT 2024

Psa Grading Turnaround Time Statistics

The average turnaround time for PSA grading is currently around 50 business days.

In this post, we will explore the current landscape of PSA grading turnaround times, backed by a plethora of statistical data. From the staggering number of PSA-graded cards circulating on eBay to the expected grading times and customer satisfaction levels, we will delve into the key metrics shaping the industry. Our analysis will shed light on the factors influencing PSA grading times, such as backlog, submission methods, service types, and market trends. Get ready for a data-driven examination of the evolving landscape of PSA grading turnaround times.

Statistic 1

"Total number of PSA-graduated cards posted on eBay as of 2021: over 2 million"

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Statistic 2

"Expected grading time for the PSA Economy service: 90 days"

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Statistic 3

"PSA's share of the card grading market: 70%"

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Statistic 4

"Customer satisfaction ratio with PSA services: 75%"

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Statistic 5

"Average PSA grading turnaround time in 2022: 120 days"

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Statistic 6

"Current PSA backlog as of the latest update: 4 million cards"

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Statistic 7

"Percentage of PSA-graded cards submitted through bulk services: 60%"

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Statistic 8

"Fastest PSA grading service: 10 days"

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Statistic 9

"Drop in PSA grading times after hiring additional staff: 30%"

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Statistic 10

"Estimated cost of the PSA Regular Service: $50"

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Statistic 11

"Percentage increase in PSA submissions in the last year: 45%"

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Statistic 12

"Percentage of PSA cards graded at a Gem Mint level: 5-10%"

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Statistic 13

"Number of cards graded by PSA in 2021: 10 million"

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Statistic 14

"Increase in PSA revenues due to price hikes: 25%"

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Statistic 15

"Average resale value increase for PSA 10 graded cards: 200%"

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Statistic 16

"Percentage of submissions that are sports cards: 85%"

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Statistic 17

"Number of PSA employees dedicated to grading: 400"

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Statistic 18

"Increase in PSA fees announced in 2021: 20%"

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Statistic 19

"Turnaround time for PSA Super Express service: 5 days"

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Statistic 20

"Average cost of PSA Express grading service: $150"

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In conclusion, the PSA grading turnaround time is a critical factor in the card grading market as evidenced by the significant number of PSA-graded cards listed on eBay and PSA’s dominant market share. Despite recent backlogs, extended turnaround times, and increased fees, PSA remains a popular choice among collectors due to their high customer satisfaction rates and the potential for increased resale value with higher graded cards. The statistics highlight the challenges PSA faces in meeting the demands of a growing market but also point to opportunities for improvement through strategies such as hiring additional staff and offering faster grading services.

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