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Is Mike Morgan #57 worth grading?

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Worth grading — even a PSA 9 beats raw

A Grade 9.5 Mike Morgan #57 sells for $67.50 against $1.42 raw: a $66.08 spread, 48× the ungraded price. Even a PSA 9 ($36.67) 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)
$1.42
Grade 9.5
$67.50
PSA 9
$36.67
Gem premium
48×
As of
Sep 3, 2026

Break-even by outcome and fee

Mike Morgan #57: 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$67.50+$41.08+$16.08−$83.92
PSA 9$36.67+$10.25−$14.75−$115
PSA 8$28.57+$2.15−$22.85−$123

Net = sale price − $1.42 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 #57: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$44.38−$7.04
50%$52.09+$0.66
75%$59.79+$8.37

Break-even gem rate at the standard fee: about 48%. Centering is the usual reason a clean copy misses — measure it before you decide.

Mike Morgan #57 graded prices by company and grade
GradeGraded
9.5$67.50
9$36.67
8$28.57
7$17.33

Run your own numbers

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Grading Mike Morgan #57 — FAQ

Is Mike Morgan #57 worth grading?

A Grade 9.5 Mike Morgan #57 sells for $67.50 against $1.42 raw: a $66.08 spread, 48× the ungraded price. Even a PSA 9 ($36.67) 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.

What gem rate makes grading Mike Morgan #57 break even?

At a standard ~$50 fee, submitting Mike Morgan #57 breaks even when it gems about 48% of the time (a miss assumed to sell at the PSA 9 price of $36.67).

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