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Is Nico Hulkenberg [Red Refractor] #AM-NH worth grading?

Racing · Racing Cards 2023 Topps Chrome Formula 1 Armour · full price guide →

Grading rarely pays for this card

Grade 9.5 copies of Nico Hulkenberg [Red Refractor] #AM-NH sell for $185, only $0.00 above the $750 raw price — less than an economy-tier grading fee. A PSA 9 ($169) sells for less than raw, so anything short of a 10 loses money. Keep it raw unless you are grading for the slab itself.

Raw (NM)
$750
Grade 9.5
$185
PSA 9
$169
Gem premium
0.2×
As of
Sep 4, 2026

Break-even by outcome and fee

Nico Hulkenberg [Red Refractor] #AM-NH: 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$185−$590−$615−$715
PSA 9$169−$607−$632−$732

Net = sale price − $750 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?

Nico Hulkenberg [Red Refractor] #AM-NH: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$173−$627
50%$177−$623
75%$181−$619

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

Nico Hulkenberg [Red Refractor] #AM-NH graded prices by company and grade
GradeGraded
9.5$185
9$169

Run your own numbers

Should I pay this?

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Grading Nico Hulkenberg [Red Refractor] #AM-NH — FAQ

Is Nico Hulkenberg [Red Refractor] #AM-NH worth grading?

Grade 9.5 copies of Nico Hulkenberg [Red Refractor] #AM-NH sell for $185, only $0.00 above the $750 raw price — less than an economy-tier grading fee. A PSA 9 ($169) sells for less than raw, so anything short of a 10 loses money. Keep it raw unless you are grading for the slab itself.

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