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Michael Jordan #240 (Basketball Cards 1994 Collector's Choice) — is it worth grading?

Is Michael Jordan #240 worth grading?

Basketball · Basketball Cards 1994 Collector's Choice · full price guide →

Worth grading — even a PSA 9 beats raw

A PSA 10 Michael Jordan #240 sells for $285 against $2.25 raw: a $283 spread, 127× the ungraded price. Even a PSA 9 ($31.63) 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)
$2.25
PSA 10
$285
PSA 9
$31.63
Gem premium
127×
As of
Jul 11, 2026

Break-even by outcome and fee

Michael Jordan #240: 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 — PSA 10$285+$258+$233+$133
PSA 9$31.63+$4.38−$20.62−$121
PSA 8$14.84−$12.41−$37.41−$137

Net = sale price − $2.25 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?

Michael Jordan #240: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$94.97+$42.72
50%$158+$106
75%$222+$169

Break-even gem rate at the standard fee: about 8%. Centering is the usual reason a clean copy misses — measure it before you decide.

Which grader pays the most — and what a 10 takes

All centering standards
Michael Jordan #240: top-grade value by grading company with centering tolerance
Grader10 sells forvs bestFront centering for a 10Back
BGS 10$371best55/4570/30
PSA 10$285−$86.0055/4575/25
CGC 10$171−$20055/4575/25
SGC 10$75.01−$29655/4575/25

Tolerances are each company's published centering standard for its top grade; surface, corners and edges must also be clean. Centering is the one you can measure yourself before you pay.

Michael Jordan #240 graded prices by company and grade
GradePSACGCBGSSGCGraded
10$285$171$371$75.01
9.5$35.00
9$31.63
8$14.84
7$6.50

Run your own numbers

Should I pay this?

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

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Grading Michael Jordan #240 — FAQ

Is Michael Jordan #240 worth grading?

A PSA 10 Michael Jordan #240 sells for $285 against $2.25 raw: a $283 spread, 127× the ungraded price. Even a PSA 9 ($31.63) 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.

How much is a PSA 10 Michael Jordan #240 worth compared with raw?

A PSA 10 Michael Jordan #240 (Basketball Cards 1994 Collector's Choice) sells for about $285 versus $2.25 for a raw near-mint copy — a 127× premium as of Jul 11, 2026.

Which grading company is best for Michael Jordan #240?

By resale value, BGS 10 leads at $371, ahead of PSA 10 at $285. Fees and turnaround differ, so the best-paying label is not always the best net.

What centering does Michael Jordan #240 need for a BGS 10?

BGS publishes 55/45 front and 70/30 back centering as the tolerance for a 10 (Gem Mint). Off-center copies are capped below the top grade regardless of surface — measure yours before paying the fee.

What gem rate makes grading Michael Jordan #240 break even?

At a standard ~$50 fee, submitting Michael Jordan #240 breaks even when it gems about 8% of the time (a miss assumed to sell at the PSA 9 price of $31.63).

Is your basketball card centered well enough to grade?

Centering makes or breaks a PSA 10. Scan any card with Midpoint to measure its exact centering, get a grade estimate, and see what your copy is actually worth.

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