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Mulan (The First Chapter 118/204) — is it worth grading?

Is Mulan worth grading?

Disney Lorcana · The First Chapter · 118/204 · full price guide →

Worth grading only if it gems

A PSA 10 Mulan brings $31.90 versus $0.28 raw — a $31.62 spread that covers an economy-tier ~$25 grading fee. A PSA 9 ($18.95) only about breaks even after fees, so the case rests on gemming.

Raw (NM)
$0.28
PSA 10
$31.90
PSA 9
$18.95
Gem premium
114×
As of
Aug 9, 2026

Break-even by outcome and fee

Mulan: net result of grading versus selling raw, by outcome and fee tier
If it comes back…Sells forEconomy / bulk (~$25.00)Standard (~$50.00)Express (~$150)
Gem — PSA 10$31.90+$6.62−$18.38−$118
PSA 9$18.95−$6.33−$31.33−$131
PSA 8$16.11−$9.17−$34.17−$134

Net = sale price − $0.28 raw value − fee. Fee tiers are illustrative; plug your grader's current price into the calculator below.

Expected value — how often does it need to gem?

Mulan: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$22.19−$28.09
50%$25.42−$24.86
75%$28.66−$21.62

At the standard fee this submission does not break even at any realistic gem rate unless the miss lands above the 9 price.

Which grader pays the most — and what a 10 takes

All centering standards →
Mulan: top-grade value by grading company with centering tolerance
Grader10 sells forvs bestFront centering for a 10Back
PSA 10$109best55/4575/25
CGC 10$12.49−$96.5855/4575/25

Tolerances are each company's published centering standard for its top grade; surface, corners and edges must also be clean. Centering is the one you can measure yourself before you pay.

Mulan graded prices by company and grade
GradePSACGCBGS
10$109$12.49—
9.5—$12.99$5.50
9$18.50$8.00$9.00
8$16.11——
7$5.76——

Swipe the table for the other grading companies →

Run your own numbers

Should I pay this?

Enter the seller’s asking price to see your net outcome per grade.

Other The First Chapter cards worth checking

Full set checklist →

Grading Mulan — FAQ

Is Mulan worth grading?

A PSA 10 Mulan brings $31.90 versus $0.28 raw — a $31.62 spread that covers an economy-tier ~$25 grading fee. A PSA 9 ($18.95) only about breaks even after fees, so the case rests on gemming.

How much is a PSA 10 Mulan worth compared with raw?

A PSA 10 Mulan (The First Chapter 118/204) sells for about $31.90 versus $0.28 for a raw near-mint copy — a 114× premium as of Aug 9, 2026.

Which grading company is best for Mulan?

By resale value, PSA 10 leads at $109, ahead of CGC 10 at $12.49. Fees and turnaround differ, so the best-paying label is not always the best net.

What centering does Mulan need for a PSA 10?

PSA publishes 55/45 front and 75/25 back centering as the tolerance for a 10 (Gem Mint). Off-center copies are capped below the top grade regardless of surface — measure yours before paying the fee.

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