April '25 Grading Recap
Published May 2, 2025
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Overall grading activity was ⬆ 8% in April compared to March and ⬆ 31% YoY.
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April results set a new high for the third consecutive month.
Grading activity crossed 2 million cards in April, up ~160k compared to March.
- PSA graded 1.56m cards - ⬆ 6% vs March, ⬆ 29% YoY.
- CGC graded 341k cards - ⬆ 37% vs March, ⬆ 89% YoY.
- SGC graded 167k cards - ⬇ 4% vs March, ⬆ 2% YoY.
- Beckett graded 57k cards - ⬇ 17% vs March, ⬇ 9% YoY.
- Overall grading activity was ⬆ 8% in April compared to March and ⬆ 31% YoY.
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April results set a new high for the third consecutive month.
Grading activity crossed 2 million cards in April, up ~160k compared to March.
- PSA graded 1.56m cards - ⬆ 6% vs March, ⬆ 29% YoY.
- CGC graded 341k cards - ⬆ 37% vs March, ⬆ 89% YoY.
- SGC graded 167k cards - ⬇ 4% vs March, ⬆ 2% YoY.
- Beckett graded 57k cards - ⬇ 17% vs March, ⬇ 9% YoY.
April Grading Summary
April Grading Summary - Sports
April Grading Summary - TCG+
Items Graded - by Month
Items Graded - by Month - Excluding PSA
Category Comparison
TCG Cards Graded at PSA
Items Graded by Era
Gem Rate Breakdown by Era
April 2025 PSA Grading Recap
- PSA graded 1,560,654 items during April; total output increased by 6% vs March and was up 29% year-over-year.
- PSA graded 1,560,654 items during April; total output increased by 6% vs March and was up 29% year-over-year.
Category Summary
TCG dominated April grading activity
- TCG was 61% of cards graded in April (vs 51% in March and 50% in February).
Set Summary - Sports & Other
2024 Prizm football maintains its lead
Set Summary - TCG+
Japanese Terastal Fest grading accelerates
Player Summary - Sports & Other
Jayden Daniels increases his lead
Subject Summary - TCG
Pikachu hangs on to the top spot
Card Summary - Sports & Other
Jayden Daniels takes the top two spots
Card Summary - TCG
The new Japaneses Battle Partners places card at the top
What's Next for PSA?
- April results reinforced the key trends we’ve seen so far in 2025. PSA continues to hit new highs in overall grading activity, driven largely by growth in TCG submissions. That growth more than offset ongoing declines in baseball and basketball activity, which have now fallen to levels last seen in 2023.
- Operationally, PSA appears to be in a bit of a steady state. TCG and GameStop continue to drive activity, while promotions have remained intentionally limited. Capacity constraints have also capped near-term upside. As it stands, we expect these trends to continue throughout May and June.
April 2025 SGC Grading Recap
- SGC graded 167,464 items during April; total output decreased by 4% vs March and was up 2% year-over-year.
- SGC graded 167,464 items during April; total output decreased by 4% vs March and was up 2% year-over-year.
Category Summary
Football activity declined following the pricing promotion
Set Summary
2024 Prizm football held onto the top spot
Player (& Subject) Summary
Jayden Daniels maintains a healthy lead
Card Summary
An iconic vintage card takes the top spot
What's Next for SGC?
- SGC results dipped slightly in April as the company wound down a multi-month promotion. With no new promotion currently in place, we expect similar results in May - though a further dip is possible.
Other Graders - CGC
Category Summary
What's Next for CGC?
- CGC set a new high for grading activity in April, driven almost entirely by TCG submissions. With hobby-wide momentum in TCG still running strong, we would not be surprised to see similar results in May.
Other Charts - Beckett
Category Summary
Card Summary - Sports
Card Summary - TCG
What's Next for Beckett?
- Beckett’s grading activity dipped in April, reflecting declines across sports categories. Adjusting for the March boost (due to January and February pop report delays), the April change was relatively modest.
- While Beckett has regained some momentum in 2025, the changes appear to be mostly marginal rather than anything that could yield meaningful incremental growth. Without a strong promotion or notable announcement, we expect similar results in May and June.