Collectors Holdings, the parent company of Professional Sports Authenticator, who are better known in the sports card hobby as PSA, are set to acquire SGC grading.
PSA have established themselves as the market leader for trading card grading, and SGC, who recently launched a mobile app for their services, are one of the fastest growing competitors.
According to GemRate, who are a third-party card grading tracker, PSA owned 78% of the market share in 2023, and SGC finished behind just them and CGC (10%), with 7% of the market share.
2023 Grading Year in Review
— GemRate (@gemrate) January 3, 2024
Over 17 million items were graded across the four major graders in 2023 - which is up 19% compared to 2022.
Roughly 9 million sports cards (-6% YoY) and 8 million TCG (+ non sport) cards (+71% YoY) were graded.
— PSA graded 13.5m cards - up 21% YoY… pic.twitter.com/re60w7lHDV
Collectors will now have two of the top card grading companies under their ownership, but it’s believed that the two companies will continue to operate as separate brands, as first reported by Darren Rovell on X.
This is major news for sports card collectors, who await an official announcement from Collectors Holdings, which is expected shortly.
In addition to PSA, Collectors already own Goldin Auctions, WATA Games, and Professional Coin Grading Services.
