Is Mike Morgan [Refractor] #188 worth grading?

Baseball · Baseball Cards 1993 Finest · full price guide →

Worth grading — even a PSA 9 beats raw

A Grade 9.5 Mike Morgan [Refractor] #188 sells for $76.00 against $22.72 raw: a $53.28 spread, 3.3× the ungraded price. Even a PSA 9 ($68.97) 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): $22.72
Grade 9.5: $76.00
PSA 9: $68.97
Gem premium: 3.3×
As of: Sep 3, 2026

Break-even by outcome and fee

Mike Morgan [Refractor] #188: net result of grading versus selling raw, by outcome and fee tier
If it comes back…	Sells for	Economy / bulk (~$25.00)	Standard (~$50.00)	Express (~$150)
Gem — Grade 9.5	$76.00	+$28.28	+$3.28	−$96.72
PSA 9	$68.97	+$21.25	−$3.75	−$104
PSA 8	$41.40	−$6.32	−$31.32	−$131

Net = sale price − $22.72 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?

Mike Morgan [Refractor] #188: expected value of submitting by gem probability
Chance it gems	Expected sale	Expected net (standard fee)
25%	$70.73	−$1.99
50%	$72.48	−$0.23
75%	$74.24	+$1.52

Break-even gem rate at the standard fee: about 53%. Centering is the usual reason a clean copy misses — measure it before you decide.

Full grade ladder

Raw conditions & history →

Mike Morgan [Refractor] #188 graded prices by company and grade
Grade	Graded
9.5	$76.00
9	$68.97
8	$41.40
7	$30.00

Run your own numbers

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Grading Mike Morgan [Refractor] #188 — FAQ

Is Mike Morgan [Refractor] #188 worth grading?

What gem rate makes grading Mike Morgan [Refractor] #188 break even?

At a standard ~$50 fee, submitting Mike Morgan [Refractor] #188 breaks even when it gems about 53% of the time (a miss assumed to sell at the PSA 9 price of $68.97).

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