Some of the biggest trading card live sellers and breakers are believed to be generating $100 million-plus in revenue each year. Whatnot, Fanatics Live and eBay Live are now all battling for that business. My latest for @TheAthletic (free to read): nytimes.com/athletic/7346447…

I don’t think people realize just how massive the repack industry has become. I dug into the numbers. Repack volume is on track to exceed the combined GMV of the major card auction houses this year (ex-eBay).

Messi, Cristiano Ronaldo, Pele or Maradona? Who has the most valuable collectibles (Free to read) nytimes.com/athletic/7354316…

PSA Europe will begin accepting card submissions from select partners in July with grading planned to start in August. Roughly 30% of PSA’s submissions in May were international. Details on @TheAthletic (free to read); nytimes.com/athletic/7350077…

This suit is now over. The plaintiffs aren't moving forward. From a Fanatics spokesperson: “We said from the start that this was a baseless and fundamentally flawed copycat lawsuit, since Fanatics was being accused of raising prices on cards we didn’t even produce. The Court agreed and ruled that this case was legally deficient. We are happy that the case has now been fully dismissed with prejudice.”

Another card show is cracking down on vendors flipping sealed wax. Kentucky Card Show announces vendors must offer a mix of singles, slabs, and/or sealed product. Show says customers are "often better served" buying wax from local card shops, game stores or retailers.

New Episode The Billion-Dollar Sports Card Boom Explained: Why Sports Cards Are Bigger Than Ever with @BenMBurrows YouTube: youtu.be/lPaJZaCopeI Presented By @Ballislife

A 'forecast turned lethal': Panini denies using AI to write text on sports cards (Free to read) nytimes.com/athletic/7332568…

For those curious, this exact copy last sold publicly for $56,204 at PWCC in November 2020.

Topps reveals the 1952 Topps Mickey Mantle redemption from Series 1 is graded a PSA 5.5. Bidding on Goldin has reached $146,400, including buyer's premium, with 25 days remaining. Last PSA 5.5 to sell, according to Card Ladder, went for $138,000 at REA in December 2024.

This game is legit so fun. 82-0.com/share?id=JXliI9jZXN…

Cards and collectibles might officially be GameStop's most important business following Tuesday's Q1 results. Collectibles ($348.9M) topped Hardware/accessories ($333.7M) and Software ($152.7M) as the company's largest driver of net sales. Category has significantly expanded through the partnership with PSA. GameStop and PSA officially announced a collaboration on Oct. 15, 2024. Nat Turner, Chairman and CEO of PSA parent company Collectors, was named to GameStop's board on Nov. 18. Since then, we've seen collectibles make up more and more of GameStop's overall business. Here's a snapshot of the net sales for collectibles and where it ranked among the three categories: Q1 2025: $211.5M (2) Q2 2025: $227.6M (2) Q3 2025: $256.1M (2) Q4 2025: $365.0M (2) Q1 2026: $348.9M (1)

GameStop reports $835.3 million in net sales for Q1. Net income of $389.6 million is highest quarter in company history. Net sales grew 14% year-over-year, driven by collectibles. Net sales by category: Hardware/accessories: $333.7M Software: $152.7M Collectibles: $348.9M

Beckett saw a major jump to ~145,000 graded cards in May, according to @gemrate. I'm told the surge was caused by a growing grading team and operational upgrades. Beckett hopes to grow its grading team by more than 20% this year with a goal to reach 200k cards per month.

From @TheAthleticFC: Pelé made World Cup history at 17 years old. Now the shirt he wore that day could challenge the record for the most expensive soccer jersey sold, which is held by Diego Maradona’s “Hand of God” shirt. nyti.ms/49Uu8qz

PSA source confirms ~2.5 million cards have been submitted since Wednesday when news of a possible service pause began to leak. Surge is expected to increase the value service pauses by a month or two. That 2.5M card figure is more than SGC and BGS graded combined in 2025.