Today I learned that card grading companies are drowning in Pokémon cards
BRENDAN SMIALOWSKI/AFP via Getty Images A report from Vice has opened my eyes to just how big the Pokemon trading card collecting market is getting - apparently to the point where card rating companies have waitlists that range from six to ten months, with one company claiming it's receiving over 500,000 cards to grade per week. The card graders, who rate trading cards' conditions to determine how collectable (and therefore valuable) they are, are so swamped that people who want to get their Magic, Yu-Gi-Oh, or sports cards graded are also having to wait in line (or pay out the nose to skip it).
One card rating company apparently needed employees so bad it offered $1,000 starting bonuses - and then bumped them up to $2,500. Another company had to buy two warehouses to store...