Contract from Below

Why this card

A top grade is worth €1382, about 5.3 times the €262 it costs to buy and send this card in. Of the 44 copies already graded, 6.8% came back that high. On average, one raw copy loses €10 after grading. The 10 pays, the average copy does not — pristine only.

Population

One grade up

Each row buys the lower slab at the guide price and sells it on the next priced PSA rung. The leftover is what remains if the copy actually comes back there, after the PSA fee and about 10% to sell the new slab. Dirt on the surface can sometimes earn that one rung. Centering, corners, edges, and a crease cannot. The prices do not say which of those held this copy down.

1. PSA 2 → 3€64 → €71−€42
2. PSA 3 → 4€71 → €83−€37
3. PSA 4 → 5€83 → €98−€37
4. PSA 5 → 6€98 → €129−€24
5. PSA 6 → 7€129 → €161−€26
6. PSA 7 → 8€161 → €210−€14
7. PSA 8 → 9€210 → €230−€44
8. PSA 9 → 9.5€230 → €1355+€914
9. PSA 9.5 → 10€1355 → €1382−€261

A positive leftover is only worth opening the slab when the card in hand is limited by surface.

Raw → 10

€187→€13827.4×

Raw is the Cardmarket trend. PSA 10 is the PriceCharting guide.

Gem

6.8%

CGC 10s seen

3

CGC graded seen

44

7 / 7.5

€161

8 / 8.5

€210

PSA 9

€230

BGS 10

€1797

CGC 10

€829

SGC 10

€829

9.5

€1355

Fee

€75

All-in

€262

Spread

€1121

EV / copy

−€10

Sales/yr

19/yr

Fee is the PSA tier for the declared value, shipped from Europe. EV is what an average raw copy returns after grading and selling costs, minus the all-in. Positive on the average copy is Submit; positive only on a clean copy is Cherry-pick.