Taking My Hacks

A Major Milestone - CU/PSA Reaches 50,000,000 Items Certified

  Joe Orlando

This year marks my 15th year at the Collectors Universe, Inc. For those of you who may not be aware, Collectors Universe is the parent company of PSA. The two biggest divisions under the parent company are, of course, PSA and Professional Coin Grading Service (PCGS). Like PSA, PCGS is the leader in their respective field. PCGS was the first division to emerge, in 1986, while PSA opened its doors several years later in 1991.

It's hard to imagine today but, at one time, the concept of third-party grading was a radical one. When PCGS first started, according to Founder and President David Hall, they expected a few thousand coins during the first month. Instead, they received about 18,000 coins. The next month, they received approximately 35,000 coins. The rest is history. In fact, PCGS has certified over 28,000,000 coins during its 28-year history, and they continue to expand on a global scale.

At PSA, the division didn't certify its 1,000,000th item until 1998, about seven years after opening its doors. That milestone was reached about one year before the parent and publicly-traded company Collectors Universe, Inc. was formed. Since that time, PSA has certified over 1,000,000 items each and every year. Last year, PSA was closer to certifying 2,000,000 items than 1,000,000. Currently, PSA has certified more than 22,000,000 total items since 1991.

Together, the services have combined for over 50,000,000 items certified during the company's long history. It's something that we are all very proud of and none of this would be possible without the overwhelming support of our customers, which include collectors and dealers all over the world. As a small token of our appreciation, we decided to send a special encapsulated coin to the first 500 customers after the milestone was reached. The coin is a 1986-S Statue of Liberty Commemorative Proof Half Dollar, which is encapsulated with a special label and signed by David Hall on the reverse.

coin coin

In closing, all we would like to say is - thank you.

Thank you for making Collectors Universe what it is today and, on a personal level, thank you for the opportunity to work in a hobby and for a company that I am so passionate about.

Never get cheated,

Joe Orlando

Joe Orlando
Editor In Chief

Joe Orlando has been an advanced collector of sportscards and memorabilia for over 25 years. Orlando attended Westmont College in Santa Barbara, California where he studied communications and was the starting catcher for the baseball team. After a brief stint in the minor leagues, Orlando obtained a Juris Doctor from Whittier Law School in Southern California in the spring of 1999. During the last fourteen years, Orlando has authored several collecting guides and dozens of articles for Collectors Universe, Inc. Orlando has also authored two books for Collectors Universe. Orlando's first book, The Top 200 Sportscards in the Hobby, was released in the summer of 2002. His second book, Collecting Sports Legends, was released in the summer of 2008. Orlando has appeared on several radio and television programs as a hobby expert including ESPN's award-winning program Outside the Lines and HBO's Real Sports, as the featured guest. Currently, Orlando is the President of PSA and PSA/DNA, the largest trading card and sports memorabilia authentication services in the hobby. He is also Editor of the company's nationally distributed Sports Market Report, which under Orlando's direction has developed into a leading resource in the market. Orlando also contributed the foreword and last chapter to The T206 Collection: The Players and Their Stories, a 2010 release, and to The Cracker Jack Collection: Baseball's Prized Players, a 2013 release.