PSA parent company acquiring Beckett22120
Collector
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NoahSult private msg quote post Address this user | |
| I’m wondering if CBCS is part of the acquisition. I would assume so but you know what that does. | ||
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I hold the record for itchy trigger finger.
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sportshort private msg quote post Address this user | |
| do you have a link to the article? | ||
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Collector
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NoahSult private msg quote post Address this user | |
| @sportshort https://sports.yahoo.com/articles/psa-parent-company-collectors-acquires-214500407.html No mention of cbcs is why I posted here ,to see if Steve or someone else might know. |
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I'm waiting.... (tapping fingers).Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
| Uh boy. The only company I trust a smidgen with grading and final product. Methinks this is no bueno |
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
| Interesting. The article says everything will remain separate as PSA is not acquiring Beckett. The Parent company of PSA, Colletors, is acquiring Beckett and I assume CBCS. Collectors also purchased SGC in 2024. Didn't Beckett just have a huge scandal before being sold about a year ago? If so it's strange that it's been sold twice in 2 years. And PSA has some ongoing scandal with their direct/instant offers. |
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
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I've spent years perfecting my brand of assholery.
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DrWatson private msg quote post Address this user | |
| Get ready for price hikes in the card grading world as all of the grading companies are under one umbrella with the exception of the cgc. | ||
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GAC private msg quote post Address this user | |
| Interesting....really curious for confirmation if CBCS is part of the sale. | ||
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I've spent years perfecting my brand of assholery.
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DrWatson private msg quote post Address this user | |
| I wonder if PSA has a chat board? | ||
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I’m not sure they know they’re taking one for the team.
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Drogio private msg quote post Address this user | |
Quote:Originally Posted by GAC Doesn’t Beckett own CBCS. Thereby if you own Beckett, youn own CBCS. Someone explain to me, aside from selling off CBCS, how CBCS would not be part of the sale…? |
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GAC private msg quote post Address this user | |
Quote:Originally Posted by Drogio You are right...on face value of the news, CBCS should be part of sale. But anything can be written in or out of a sale. I'm most interested in CBCS out of this news so I'm just asking for 100% confirmation that CBCS was part of the sale...it likely is. |
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I’m not an ant. I’m a rootin tootin Hornet!
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Zombie_Head private msg quote post Address this user | |
| Following | ||
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CBCS Finalizer
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Wade_Story private msg quote post Address this user | |
| At this time, per my current understanding, CBCS is part of the acquisition and it’s business as usual. Obviously news is still fresh to us all, and I’m sure we will all be learning more in the coming days. | ||
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
| Does this mean Psa has the right to copy the cbcs slab and label design? Or even absorb all the cbcs operations and call everything psa comic grading from now on? I have a feeling that's what will happen eventually happen. We all know cbcs is never going to scale up under its own name. If so, it would've happened already. They've gone backwards in recent years with less signing opportunities and less of a presence at cons, in part due to cgc exclusivity deals. |
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I hold the record for itchy trigger finger.
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sportshort private msg quote post Address this user | |
Quote:Originally Posted by flanders If I were PSA I wouldn't do this. I would let the companies "appear" to be competing with each other and let the loyal customers continue as if nothing has happened. If they were merged, Collectibles might alienate some of the diehard fans that only want PSA or CBCS. At some point down the line they can be merged but I, for one, wouldn't do it right away. |
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Collector
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Chandler private msg quote post Address this user | |
| I hope that both CBCS and Beckett just isn't merged into PSA. People say that the CBCS slabs look bad, but my god the PSA labels and slabs for card and comics look horrendous. | ||
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past performance is no guarantee of future actions.
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KatKomics private msg quote post Address this user | |
Quote:Originally Posted by Wade_Story I've been on both ends of M&A actions (mergers and acquisitions)...yeah "business as usual" is always the mantra... They'll say a bunch of stuff but eventually sh!t hits the fan. 1st step is shared services disappear i.e. why have 2 payroll, 2 accounts payable etcetera. 2nd step similar to the first but harder to do on like day 1 and will be eliminating duplicate material purchasing and sales teams and the such...don't need two reps in the same territory...maybe not two purchasers if you are buying the same materials i.e. corrugate or slabs (resin based so off of commodity prices with other flow throughs - natural gas etc.) At some point senior management likewise gets paired down... Then the nitty gritty....which brands to keep, which to push i.e. we want to grow in Product "A" area...and we already have product B and C in that area but they have D and E....maybe...maybe B and D are kept but C and E disappear for either new product F or they roll into B and D..that type of thing.. Depending on the size of everything and any legal issues this could all be quick or a few years in the making One would hope that CBCS has enough of a name for itself in the comic realm to beat out PSA comic division..at least in name..who knows where the actual grading will be done in the future...I mean...I'm not a card person and never knew about PSA until my kid got into cards..would hate to that PSA believe themselves to be enough of a name to eliminate the CBCS "brand".... |
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Rafel private msg quote post Address this user | |
| I'm a CBCS fan and have been since 2016 and would hate to see them go away or be renamed. | ||
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Collector
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poka private msg quote post Address this user | |
| so time to save any important posts on this browser? |
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Collector
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poka private msg quote post Address this user | |
| per chatgpt Here are the main known / publicly stated details of PSA’s parent company (Collectors) acquiring Beckett: • Who’s buying whom: Collectors (owner of PSA, plus PCGS, SGC, Card Ladder) said it has entered into a definitive agreement to acquire Beckett.  • When it was announced: December 15, 2025 (press release dated Santa Ana, CA).  • How Beckett will operate: Collectors says Beckett will remain an independent brand within its portfolio, keeping its own operations, customer experience, and grading standards, and continuing its activities across grading, marketplace, magazines, and price guide.  • What changes immediately (per the announcement): • Orders at PSA and Beckett expected to be processed normally • No pricing changes as part of the acquisition  • Operational separation (reported): Sources cited by cllct say PSA and Beckett will not share grading staff, grading remains separate, and crossover grading won’t be impacted.  • Seller / prior ownership context: cllct reports Collēctīvus Holdings became Beckett’s parent in December 2024, and that Dragon Shield is not part of the acquisition (per sources).  • Financial terms / closing timing: The public announcement (Collectors release) does not disclose price/valuation, and it doesn’t provide much detail on timing to close beyond the fact it’s a signed agreement.  |
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I've spent years perfecting my brand of assholery.
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DrWatson private msg quote post Address this user | |
| I'm not too worried. You can't even find a PSA graded comic book on eBay without your search getting overblown with cards for sale. | ||
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If you want to bludgeon someone with a comic, PSA should be your first choice.
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James42 private msg quote post Address this user | |
| I have so many questions and concerns about this. But I don't think any of them will really be addressed until after the new year. I am definitely going to have to go through my "to be graded" box and get a submission together, just in case. | ||
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Collector
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Dalkiel private msg quote post Address this user | |
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Collector
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SpiderTim private msg quote post Address this user | |
| what happens if the CBCS brand disappears? This is what worries me the most. Ever since the company was originally sold this was my main concern and continues to this day. | ||
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I've spent years perfecting my brand of assholery.
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DrWatson private msg quote post Address this user | |
| I don't worry about that too much. Shit always changes. I figure there will always be someone grading books. If not, that's okay, too. There are probably enough graded books in the world already to where they will keeping recycling through the people who want to own them. In reality, the entire concept is rather absurd. Keeping something that is suppose to be read in a condition where it's impossible to read. I submit books mainly for the thrill of getting them graded; the waiting, the build up, and then the pay off when you open the box. Sometimes great. Sometimes good. Sometimes not so hot. Then you bide your time until you're ready for another go around. Come to think about it, it sounds a lot like sex, except you're the only one who really has to be satisfied, lol. |
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How do I know this? Because I've done it myself.
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lawguy1977 private msg quote post Address this user | |
| @SpiderTim Most likely, not much will happen even if CBCS disappears, theoretically. The question is why you have a slabbed book. If it's for the grade, CBCS shutting down doesn't suddenly mean the grade is no longer legit. Collectors will know that. If it's for preservation, well, you chose the best slab on the market. If you're looking for value when selling, well, that's always been up for debate from the start as to how to get the best value and, what "value" means to each person. Worst case scenario, you can always crack the book open and sell it raw or have it re-graded somewhere else, if that would maximize the value over it being slabbed by CBCS. I'm sure no one on this forum has ever re-slabbed a book with CBCS from a competitor or vice versa... I'm not thrilled by the acquisition news, but, IMO, it's not time to yell "abandon ship," either. All I care is that the CBCS slab (and its encapsulation process) doesn't go away. |
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
Quote:Originally Posted by SpiderTim Maybe they'll sell CBCS to the highest bidder. If a parent company can own multiple competing grading companies I don't see why Lonestar Comics, better known as Mycomicshop, can't own CBCS one day. I'd prefer them to some investment group full of assholes that don't care about the hobby. |
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I do what I can.
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TheShocker private msg quote post Address this user | |
Quote:Originally Posted by flanders But wouldn't that be a conflict of interest? I think PSA is in the hot seat right now in the trading card sector for buying 9s and re-grading em as 10s and reselling em.. |
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If you want to bludgeon someone with a comic, PSA should be your first choice.
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James42 private msg quote post Address this user | |
Quote:Originally Posted by lawguy1977 This is close to where I am at. I don't hate the PSA slab (the label sucks), and I own several. But for display and optical clarity, the CBCS slab is the best on the market. Since most of what I personally submit is either sketch covers or signatures, I really want the clearest slab on the market. And that's CBCS. Edited to add: I really don't want the CBCS team that has become such an integral part of my collecting to go away, or have to uproot their lives and move. |
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