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Walter Johnson #120 (Baseball Cards 1940 Play Ball) — is it worth grading?

Is Walter Johnson #120 worth grading?

Baseball · Baseball Cards 1940 Play Ball · full price guide →

Worth grading — even a PSA 9 beats raw

A PSA 10 Walter Johnson #120 sells for $49,867 against $152 raw: a $49,714 spread, 327× the ungraded price. Even a PSA 9 ($7,434) clears the raw price after an economy-tier ~$25 fee, so a near-miss still comes out ahead. Centering is the usual reason a clean copy misses the 10 — measure it before you submit.

Raw (NM)
$152
PSA 10
$49,867
PSA 9
$7,434
Gem premium
327×
As of
Jul 11, 2026

Break-even by outcome and fee

Walter Johnson #120: 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$49,867+$49,689+$49,664+$49,564
PSA 9$7,434+$7,256+$7,231+$7,131
PSA 8$2,792+$2,615+$2,590+$2,490

Net = sale price − $152 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?

Walter Johnson #120: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$18,042+$17,840
50%$28,650+$28,448
75%$39,258+$39,056

Even a miss (a 9) beats selling raw after the standard fee — the gem rate only decides how much you win by.

Which grader pays the most — and what a 10 takes

All centering standards
Walter Johnson #120: top-grade value by grading company with centering tolerance
Grader10 sells forvs bestFront centering for a 10Back
BGS 10$64,827best55/4570/30
PSA 10$49,867−$14,96055/4575/25
CGC 10$29,920−$34,90755/4575/25
SGC 10$29,920−$34,90755/4575/25

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.

Walter Johnson #120 graded prices by company and grade
GradePSACGCBGSSGCGraded
10$49,867$29,920$64,827$29,920
9.5$13,735
9$7,434
8$2,792
7$1,182

Run your own numbers

Should I pay this?

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

Other 1940 Play Ball cards worth checking

Full set checklist

Grading Walter Johnson #120 — FAQ

Is Walter Johnson #120 worth grading?

A PSA 10 Walter Johnson #120 sells for $49,867 against $152 raw: a $49,714 spread, 327× the ungraded price. Even a PSA 9 ($7,434) clears the raw price after an economy-tier ~$25 fee, so a near-miss still comes out ahead. Centering is the usual reason a clean copy misses the 10 — measure it before you submit.

How much is a PSA 10 Walter Johnson #120 worth compared with raw?

A PSA 10 Walter Johnson #120 (Baseball Cards 1940 Play Ball) sells for about $49,867 versus $152 for a raw near-mint copy — a 327× premium as of Jul 11, 2026.

Which grading company is best for Walter Johnson #120?

By resale value, BGS 10 leads at $64,827, ahead of PSA 10 at $49,867. Fees and turnaround differ, so the best-paying label is not always the best net.

What centering does Walter Johnson #120 need for a BGS 10?

BGS publishes 55/45 front and 70/30 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.

Is your baseball card centered well enough to grade?

Centering makes or breaks a PSA 10. Scan any card with Midpoint to measure its exact centering, get a grade estimate, and see what your copy is actually worth.

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