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Record

A rough size for card-grading fee revenue

$15 to $30 Year to June 2016-year to June 2020 (A); 2025 (C)

EstimateA bound built on assumed fees; useful for order of magnitude only.

What this is

A rough size for card-grading fee revenue: PSA’s 2025 fees about $290–580m, of which Pokémon about $170–330m; all grading companies about $320–665m.

How it’s built

  1. PSA graded 19.26m cards in 2025 (GemRate data via the press); multiplied by an assumed average fee of $15–30 per card.
  2. Pokémon portion: 57.7% of PSA’s volume. Other graders priced at $12–25 per card.
  3. History: PSA’s former parent reported average fees rising from $7.41 to $10.27 per card, years to June 2016–2020, about 8.5% a year.

What we assumed

  • PSA’s blended 2025 fee is $15–30 per card.Its 2024 minimum was $15 and bulk tiers were $21.99–27.99 after September 2025; the true mix of tiers is unknown.
  • Pokémon is 57.7% of PSA’s 2025 volume.This rests on an estimate of PSA’s Pokémon count that the research itself flags as at or above a stated ceiling, so it may be high.
  • Other grading companies charge $12–25 per card.The research gives no direct evidence for this range.

Sanity check

Collectors, PSA’s owner, last reported more than $300m of revenue in 2021, a press figure; the low end of the 2025 range sits close to that.

Where it comes from

Our calculation from other figures in the trainer’s notes:

Show the working
  • Fee CAGR FY16-20 %: 8.5
  • CU trading-card revenue proxy FY18 $ million (units times avg fee): 15.4
  • CU cards+autographs revenue FY20 $ million (43% times 78.9): 33.9
  • PSA 2025 fee pool $ million at $15-30/card: 289 to 578
  • Of which Pokémon at 57.7%: 167 to 333
  • All graders 2025 at $12-25: 319 to 665
  1. (10.27/7.41)^(1/4) − 1 = 8.5%
  2. 1.7637m x $8.74 = $15.4m
  3. 0.43 x 78.9 = $33.9m
  4. 224.4/1.4579 = $154
  5. 193.1/1.7637 = $109
  6. 19.26m x $15 = $289m, x $30 = $578m
  7. ASSUMPTION: the blended 2025 fee is $15-30 …

Where it’s used