PSA temporarily paused all four Value service tiers, Value Bulk, Value, Value Plus and Value Max, effective June 2, 2026, after a spike in submissions pushed the active backlog to a peak of roughly 14 million cards in early June. As of the most recent public update, July 28, 2026, that backlog is down to 12.4 million and PSA says output is accelerating, clearing around a million cards every two weeks, with staff working overtime and weekends to bring the number down.

Peak, early Jun 14.0M Jul 28 update 12.4M
PSA active grading backlog, cards awaiting processing. Source: PSA service level update.

The number that decides when Value tiers come back

PSA's stated target is 5 million cards in the backlog before Value submissions reopen, with outside projections pointing to mid October 2026 at the current clearing pace, though PSA's own guidance has ranged as late as November 2026 to January 2027 depending on how submission volume moves. PSA also launched a public Backlog Tracker, updated every two weeks, so the same numbers PSA management sees are visible to anyone deciding whether to submit right now.

What this means if you're deciding whether to submit

With Value tiers paused, anything submitted today goes through a faster, more expensive tier by default, which changes the math on whether grading a specific card still clears break even. Before sending anything in, running the numbers against current fees and the tier that's actually open right now is worth more than assuming last year's pricing still applies.

PSA chart showing a backlog near ten million cards in May 2026
PSA tied the Value pause to a five million card target, not a calendar date. Official chart © PSA.

The backlog grew before it began to fall

PSA said a twenty percent submission spike added 1.6 million cards after its May service update. The active queue was already approaching ten million, even though daily grading capacity was five times its 2021 level. Pausing Value Bulk, Value, Value Plus and Value Max was meant to stop the least expensive tiers from adding pressure while existing orders moved through receiving, grading and shipping.

Regular, Express, Super Express and Walk Through remained open. Regular estimates moved to fifty through sixty days, while dual service authentication moved to sixty through seventy. Those were estimates rather than guarantees, and the queue number covers the whole operating pipeline, not a stack of cards waiting at one grader's desk.

PSA backlog chart dated June 30, 2026
The public tracker made it possible to compare progress instead of relying on forum anecdotes. Official chart © PSA.

The Collectors Club detail matters to anyone who joined mainly for Value Bulk. Memberships active on May 14, and kept active during the pause, receive an extension equal to the time Value Bulk remains unavailable. Cancelling first and asking later is not the same arrangement, so members should check the status shown in their PSA account.

PSA backlog chart dated July 28, 2026 showing 12.4 million cards
The July 28 update put the active backlog at 12.4 million cards. Official chart © PSA.

The grading decision changed with the service menu

A card that made sense at Value Bulk can lose its margin at Regular. We calculate the expected graded sale, subtract the raw value, grading fee, insured shipping, selling fees and a realistic allowance for a lower grade. If the remaining spread cannot absorb a PSA 9 instead of a PSA 10, the card waits. A paused tier is not a reason to force borderline inventory into a more expensive service.

Existing submissions continue under the estimates attached when they were entered. Sending duplicate messages does not move an order, and a dealer submission can have its own communication path. The useful records are the submission number, the date PSA received the package, the service level and each status change. Those four facts make a real delay easier to separate from the normal time spent before the order enters research and identification.

PSA also described a two hundred million dollar investment in facilities, logistics technology and staffing. That spending may improve throughput, but it does not replace the only reopening condition the company published: the backlog must fall to five million cards. Any precise reopening day quoted before PSA announces one is a forecast.

Check the official PSA tracker →

Frequently asked questions

Which PSA tiers were paused?

Value Bulk, Value, Value Plus and Value Max stopped accepting new submissions on June 2, 2026.

When will Value grading reopen?

PSA tied reopening to an active backlog of five million cards. It has not guaranteed a calendar date.

What happens to an active Collectors Club membership?

A membership active on May 14, 2026, and kept active receives an extension for the duration of the Value Bulk pause.