PSA's Backlog Breaks Below 10 Million Items, Value Tier Reopening Expected in September

PSA's grading backlog dropped below 10 million items in early September 2026, down from approximately 10.9 million as of late August. The Value service tier, which PSA closed in response to a prior demand spike, is anticipated to reopen in September. PSA has been tracking its backlog publicly throughout the closure period and extended Collectors Club memberships as part of its response to the extended wait times.

Value is PSA's most accessible price point for bulk submissions, and its closure effectively priced out a large portion of everyday collectors who grade modern cards, commons, and mid-tier vintage. A reopening means the pipeline for affordable grading comes back — and with the backlog now under 10 million, turnaround times should be meaningfully better than they were when the queue peaked. If you have been sitting on a stack of cards waiting for Value to return, this is the window to start planning your submission.