Site icon TechNewsBoy.com

eBay’s Authenticity Guarantee now includes graded trading cards over $2,000

eBay is expanding its authentication services to include single graded trading cards over $2,000, the company announced today. The company is partnering with third-party trading card authentication and grading service Professional Sports Authenticator (PSA) for the expanded service.

eBay’s Authenticity Guarantee already includes sneakers sold for over $100, watches sold for over $2,000, and handbags sold for over $500. In January, eBay announced it was launching authentication services for ungraded trading cards purchased on the platform for over $750.

Grading a trading card involves sending it off to a third-party service that inspects the card’s condition and assigns it a rating. Graded cards often fetch more money because they’ve been inspected and rated using a standardized system.

PSA, the third-party authentication company that will handle the cards from eBay, will “verify that the card matches the listing description and that the sealed plastic holder and label are authentic and have not been tampered with or counterfeited,” according to the press release. Fake trading cards are a niche but real problem for some — Logan Paul famously bought $3.5 million worth of Pokémon cards that turned out to be fake. eBay’s authentication service will eventually expand to include graded cards sold for over $250.

Collecting and reselling trading cards experienced an enormous boost during the pandemic as many people were stuck at home. At one point, wait times to get a Pokémon card graded stretched into months as companies like PSA dealt were inundated with cards. Perhaps that’s why eBay specified that the team at PSA handling its cards is separate from the people working through the backlog, which, according to an April 28th podcast, stood at “under four million” cards.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@technewsboy.com. The content will be deleted within 24 hours.
Exit mobile version