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Is Butch Reed #48 worth grading?

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Worth grading — even a PSA 9 beats raw

A Grade 9.5 Butch Reed #48 sells for $40.00 against $1.54 raw: a $38.46 spread, 26× the ungraded price. Even a PSA 9 ($36.00) 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)
$1.54
Grade 9.5
$40.00
PSA 9
$36.00
Gem premium
26×
As of
Sep 4, 2026

Break-even by outcome and fee

Butch Reed #48: 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 — Grade 9.5$40.00+$13.46−$11.54−$112
PSA 9$36.00+$9.46−$15.54−$116
PSA 8$22.00−$4.54−$29.54−$130

Net = sale price − $1.54 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?

Butch Reed #48: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$37.00−$14.54
50%$38.00−$13.54
75%$39.00−$12.54

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

Butch Reed #48 graded prices by company and grade
GradeGraded
9.5$40.00
9$36.00
8$22.00

Run your own numbers

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Grading Butch Reed #48 — FAQ

Is Butch Reed #48 worth grading?

A Grade 9.5 Butch Reed #48 sells for $40.00 against $1.54 raw: a $38.46 spread, 26× the ungraded price. Even a PSA 9 ($36.00) 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.

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