Is Peter Lee #278 worth grading?

Hockey · Hockey Cards 1980 O-Pee-Chee · full price guide →

Grading rarely pays for this card

Grade 9.5 copies of Peter Lee #278 sell for $9.00, only $8.00 above the $1.00 raw price — less than an economy-tier grading fee. A PSA 9 ($8.00) only about breaks even after fees, so the case rests on gemming. Keep it raw unless you are grading for the slab itself.

Raw (NM): $1.00
Grade 9.5: $9.00
PSA 9: $8.00
Gem premium: 9.0×
As of: Sep 3, 2026

Break-even by outcome and fee

Peter Lee #278: 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	$9.00	−$17.00	−$42.00	−$142
PSA 9	$8.00	−$18.00	−$43.00	−$143
PSA 8	$7.44	−$18.56	−$43.56	−$144

Net = sale price − $1.00 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?

Peter Lee #278: expected value of submitting by gem probability
Chance it gems	Expected sale	Expected net (standard fee)
25%	$8.25	−$42.75
50%	$8.50	−$42.50
75%	$8.75	−$42.25

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

Full grade ladder

Raw conditions & history →

Peter Lee #278 graded prices by company and grade
Grade	Graded
9.5	$9.00
9	$8.00
8	$7.44

Run your own numbers

Should I pay this?

Asking priceGrading fee

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

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