Should You Grade Pikachu (1st Edition)?
Neo Genesis · #70
Expected-value figures are estimates based on historical grade distributions and market prices. Not a recommendation. Grading outcomes and market prices are not guaranteed.
Methodology
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Estimated grading EV negative
Current grading costs exceed model estimate of PSA 10 premium
Expected Value
Raw price$23.47
Grading cost~$22.00
Blended EV$24.93
Estimated profit$1.46
Estimated return3%
Break-even sell price$53.98
Profit by Grade
PSA 6
$27.22
$-18.25 (-40%)
PSA 8
$27.22
$-18.25 (-40%)
PSA 9
$94.80
+$49.33 (108%)
PSA 10
$792.13
+$746.66 (1642%)
Undervalued
This card is undervalued by 6% — grading EV is $24.93 vs $23.47 raw.
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