There has been a location there for awhile. It will be interesting to see if this increases the amount of PSA cards from japan. There has already been an increase since its subtle presence.
They have a big baseball fan base as well as non sports. Hopefully PSA will get some play there.
Also, as Scott said, they’ve had an office there for awhile. I’ve read two letters from that office.
There has been an older post about this. I met with the acting ceo of psa and some of the managers as they wanted my advice on coming to Japan last year.
It was really nice, and fun, we had sushi together. I remember at the meeting I showed them questions from e4 members here, we did a small thread. They laughed hardest when swolepoke’s question / comment was, “get better”.
Its been in the works a while, but it’s going to be a tough road ahead for them. Very difficult to change the mentality of the Japanese. Some places are already selling psa graded Pokemon cards locally, but they are more expensive than ebay prices sometimes. It’s a little hard to fathom the premium against the time, wait, import charges Japanese have to deal with. And the fact most Pokemon card stores run off the tcg aspect of the game.
The baseball market and some other non sports has some potential. But it’s going to take a long time to get the ball rolling.
Currently their local grading cost is very high, I think it was close to $22 USD per card here, but it includes all translation, and inbound / outbound mail charges.
I heard that some stores in Japan rejected them, and didn’t want to deal or listen to them at all when they visited. And other stores are already selling via a grading scale, so those were a little more open.
At the moment retailers and collectors are testing it out.
It will probably grow slowly later on, if they play their cards right.
This type of insider information is awesome! Thanks for the clarification on the PSA market in Japan. At 22$ USD per card though, that’s going to be a tough entry barrier to start off with
I’m a little more optimistic. After many years the Japanese finally caught on to the value side of grading their cards. It really was inevitable though it took longer than it should have. Just like us, they like money and PSA is where the moneys at. It’s no secret now. I expect it to catch on en masse sooner than you think and having been a stockholder since it’s initial offering…I hope it will;)
Yeah, it will be interesting to see how things pan out.
I think psa is really needed in Europe as well, but will be difficult to place it there as well, and I guess many Europeans already know and use psa more than Japanese.
$8.80 isn’t much more than my cost actually. If they do translation and it takes on board all import charges, back and forth postage. Then it’s pretty good actually.