Should You Grade Ethan's Ho-Oh ex?

Destined Rivals · #209

Ethan's Ho-Oh ex
Estimated grading EV negative

Current grading costs exceed model estimate of PSA 10 premium

Raw price$6.39
Grading cost~$22.00
Blended EV$7.23
Estimated profit$0.84
Estimated return3%
Break-even sell price$-11.33
PSA 7 $13.87 $-14.52 (-51%)
PSA 9 $22.73 $-5.66 (-20%)
PSA 10 $54.39 +$26.00 (92%)
This card is undervalued by 13% — grading EV is $7.23 vs $6.39 raw.
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