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
- PSA graded 19.26m cards in 2025 (GemRate data via the press); multiplied by an assumed average fee of $15–30 per card.
- Pokémon portion: 57.7% of PSA’s volume. Other graders priced at $12–25 per card.
- 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:
- ReportedPSA grading minimum fee, June 202415 $ per card
- ReportedPSA Value Bulk fee, effective 25 Sep 2025; Value 24.99→27.99; Value Plus 39.99→44.9922 $ per item (from 19.99)
- EstimateCollectors Inc. revenue (reported by OCBJ), 2021>300
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
- (10.27/7.41)^(1/4) − 1 = 8.5%
- 1.7637m x $8.74 = $15.4m
- 0.43 x 78.9 = $33.9m
- 224.4/1.4579 = $154
- 193.1/1.7637 = $109
- 19.26m x $15 = $289m, x $30 = $578m
- ASSUMPTION: the blended 2025 fee is $15-30 …