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01You keep at most 33%. At least 67% of the card goes on sale, which leaves buyers able to decide a sale among themselves. Whatever you keep behaves as an ordinary position. It trades in the order book once the card is vaulted, and it pays out when the card sells. You cannot pledge to your own listing. Once the card is vaulted, you may buy other members’ shares of it in the order book, though never from an order of your own.
02Three routes to the vault, one clock. Ship now, at 3%. Ship once the offer is fully pledged, at 5%. Transfer vault-to-vault from your own PSA Vault, at 2%, where any charge PSA makes for the transfer is yours and PSA’s own front image of the item is accepted as the front photo. Every route runs to the same deadline of 3 business days, counted in Toronto weekdays.
03Pledges pay you at vault intake. Pledges made before intake wait in escrow and are released to you, less the seller fee, once intake confirms the slab. After intake, every share bought from your ask pays you at once, less the same fee. Each buyer also pays a 1% fee on top of your price.
04Title transfers at intake. The slab belongs to you until the vault checks it in, and that includes the time it spends in the post. Ship it insured, with a signature required.
05Your first listing is reviewed. A person reads it, normally within a day. Later listings publish as soon as you submit them, although a strike returns your next listing to review.
06Strikes. New listings are paused for 90 days at 2 strikes, and closed permanently at 3. A counterfeit slab suspends the account at once.
What happens when
IfWhat happensYou bearStrike
You ship late, entering tracking after the deadlineThe listing fails at the deadline, and every pledge is refunded in full with its fee. Tracking entered inside the window is accepted. A failed listing cannot be revived, though the card may be listed again.Return shipping if the slab still arrives.1
You never shipAs above. The listing fails at the deadline and every pledge is refunded, since the money never left escrow.Nothing but the strike.1
The tracking number is falseA shipment with no carrier movement one business day past the deadline is flagged. An admin then fails the listing and the buyers are refunded.Return shipping if the slab arrives later.1
Lost or damaged in transitTitle transfers at vault intake, so the slab remains yours until then. The listing fails and buyers are refunded, and the claim against the carrier is yours to make. Ship insured, with a signature required.The slab and the claim.0
Wrong card, or not as photographed
A certificate that does not match, a different grade, or damage you did not disclose. Intake fails the listing, buyers are refunded and the slab is returned to you.
Return shipping.
1
A fake or tampered slabIntake fails the listing and buyers are refunded. The account is then suspended permanently, and since one person may hold one account, no second account is available.Everything.Permanent
You change your mind after someone has pledgedRefused. You are committed from the first pledge onwards. Withdrawing the listing costs nothing while nothing is pledged and the slab has not shipped.—0
You want to sell a different amountBefore vault intake you may raise it as far as the whole card, or lower it as far as the greater of what is already pledged and the floor set by the keep cap. After intake the amount is fixed, and the shares you kept trade in the order book like anyone else’s. The offer can be closed once you would keep a third or less.—0
You want a lower pricePermitted while the offer is open. Before vault intake the asking price itself comes down, though never below what is already pledged. Every pledge then buys a larger part of the card, and the difference comes out of your own stake. After intake the card’s share count is fixed, so a cut lowers only the price per share on your ask. A price is never raised again.Part of your stake before intake, the lower price after it.0
You want the physical card back after vaultingNot available. A vaulted card leaves by the same two routes open to every owner, the order book and the sale vote.—0
To dispute a decision, open a support request . The reason an admin gave and the custody log together form the record. Fees, deadlines and title are also covered in the Terms.
