PSA and CGC are the two most recognized names a buyer sees on a graded card's label, and both are dealing with real backlogs this year. The choice between them is less about grading standards and more about price and how long capital sits tied up in a submission.
Where PSA wins
Resale premium. A PSA 10 still commands a real premium over an equivalent grade from any other company, because more buyers trust the label without looking anything up. That recognition costs more: PSA's cheapest current tier runs close to $80 a card with a turnaround measured in weeks to months depending on volume.
Where CGC wins
Price. CGC's standard service runs in the neighborhood of $15 to $18 a card, a fraction of PSA's cheapest tier, with its Standard tier typically faster than PSA's comparable service even during a backlog. For mid-value inventory that needs to turn over rather than sit for a resale premium, CGC's lower cost per card usually wins on margin.
What decides it
A high-dollar card headed for a collector market that specifically pays for the PSA label is usually worth the wait and the price. Mid-value inventory that needs to list and sell on a predictable schedule does better at CGC's lower price and shorter standard-tier wait. See the PSA submission checklist before sending anything either way.