When you look back at the February and March GemRate reports , it's clear that any fears around the hobby being in a bubble are unsubstantiated. The latest data from the April report continues to tell a story of sustained strength after a record-breaking 2025.

According to the latest GemRate data, over 3.10 million cards were graded across the major grading companies in April, setting a new record. That's up about 4% from March, or roughly 120,000 additional graded cards. PSA and CGC continue to reach new record highs for grading card volumes, while Beckett saw a slight dip, but they are still up 70% year-over-year.

GemRate | April ’26 Grading Recap

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-- Overall grading activity crossed the 3 million card mark and was ⬆4% in April compared to March and ⬆43% YoY.

-- Grading activity set another record in April, with 3.10 million cards graded, ⬆~120k compared to March.… pic.twitter.com/MZyEHDMyc4

— GemRate (@gemrate) May 2, 2026

The year-over-year trends are even more impressive.…