Card grading giant PSA nets $200 million investment for expansion
PSA is expected to add 1,000 jobs over the next 18 months.
A moment from the Collect IT fair, the first card show dedicated to card collecting with over 100 national and international exhibitors, at Superstudio Piu in Milan, Italy, on May 3, 2025. (Photo by Alessandro Bremec/NurPhoto via Getty Images) NurPhoto via Getty Images Professional Sports Authenticators (PSA) is set to receive a $200 million investment from its parent company, Collectors, according to an announcement on Thursday . The purpose of the investment is to help “grow the company’s physical footprint, develop and deploy new technology and hire for 1,000 open and planned positions through 2026,” per The Athletic.
Those in the collectibles or card-collecting game are very familiar with PSA. It is considered the top option when submitting a trading card or collectible to get “graded. ” A PSA-10 grade is the highest possible grade and tends to substantially increase the product's value.
Conversely, a low grade from PSA — like an 8. 0 or below — tanks the item’s worth. The lone stipulation is that if somehow your item is graded a PSA 1, the lowest possible grade, some collectors actually hunt for those grades, and it does have some merit.
PSA is the industry leader in grading collectibles. The main product is trading cards, and in 2025, PSA graded over 19 million cards. Their largest competitor reportedly graded only about 5 million cards.