November '23 Grading Recap
Published December 2nd, 2023
- Overall grading activity was down 12% in November vs October (and up 19% YoY).
- PSA graded 1.13m cards - down 5% vs October and up 14% YoY
- CGC graded 165k cards - down 39% vs October and up 25% YoY
- SGC graded 121k cards - down 6% vs October and up 72% YoY
- Beckett graded 60k cards - down 19% vs October and up 20% YoY
November Grading Summary
November Grading Summary - Sports
November Grading Summary - TCG+
Items Graded - by Month
Items Graded - by Month - Excluding PSA
TCG Cards Graded at PSA
Items Graded by Era
Gem Rate Breakdown by Era
November 2023 PSA Grading Recap
- PSA graded 1,134,542 items during November; total output declined 5% vs October, but was up 14% year-over-year.
TCG sets the pace in November
- TCG was 47% of cards graded (vs 44% in October)
- Hockey activity increased in November (+13%) - and can potentially be attributed to PSA grading on-site at the Toronto Expo
Set Summary - Sports & Other
2023 Topps Chrome claims the top spot
Set Summary - TCG+
Disney Lorcana cracks the top 10
Player Summary - Sports & Other
All the top players declined with the exception of Jordan and Kobe
Subject Summary - TCG
Pikachu increased its leads by a small margin
Card Summary - Sports & Other
The tops cards have more diversity this month and includes recent hockey release
Card Summary - TCG
The viral Van Gogh Pokemon hits the top of the list
What's Next for PSA?
November looked fairly similar to October for PSA.
In November, PSA launched a series of pricing specials; however, it seems unlikely that these promotions will significantly impact December's results.
Given that, we would expect PSA output in December to be just above the 1.2 million mark to close out the year.
November 2023 SGC Grading Recap
- SGC graded 121,429 cards during November - a 6% decrease vs October and a 72% increase year-over-year.
TCG and basketball were the key categories in November
TCG (+7%) and basketball (+28%) helped offset a slowdown in baseball (-11%) grading in November.
2023 Topps Chrome remains on top
Player (& Subject) Summary
Michael Jordan hold the top spot for a second straight month
Topps momentum slows without any active promotion
What's Next for SGC?
In November, SGC's grading activity remained fairly consistent with October's performance, which is positive for SGC as October was a record-setting month.
SGC has surpassed 100k cards graded in each of the past four months and is establishing a solid baseline of activity.
We'll see if SGC has one more gear left to close out the year and potentially set a new monthly record.
Other Graders - CGC
What's Next for CGC?
CGC posted a second consecutive month of 150k+ cards graded in November.
As we touched on last month, a significant portion of CGC's increased grading activity appears to be attributable to a commercial repack partnership.
CGC has been very active on the partnership front throughout 2023, and we anticipate this trend will continue into 2024.
Breaking through in grading is a long-term game and CGC has taken a number of steps to get its brand in front of collectors.
Other Charts - Beckett
Card Summary - Sports
Card Summary - TCG
What's Next for Beckett?
Beckett results dipped in November yet were still within the typical range observed throughout most of the year.
The company has remained extremely quiet since rocking the boat earlier in the year and we'd expect December to follow suit.