Is Reed Sheppard [Gold] #21 worth grading?

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Worth grading — even a PSA 9 beats raw

A Grade 9.5 Reed Sheppard [Gold] #21 sells for $248 against $104 raw: a $144 spread, 2.4× the ungraded price. Even a PSA 9 ($225) 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): $104
Grade 9.5: $248
PSA 9: $225
Gem premium: 2.4×
As of: Sep 3, 2026

Break-even by outcome and fee

Reed Sheppard [Gold] #21: 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	$248	+$119	+$94.25	−$5.75
PSA 9	$225	+$96.25	+$71.25	−$28.75

Net = sale price − $104 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?

Reed Sheppard [Gold] #21: expected value of submitting by gem probability
Chance it gems	Expected sale	Expected net (standard fee)
25%	$231	+$77.00
50%	$237	+$82.75
75%	$242	+$88.50

Even a miss (a 9) beats selling raw after the standard fee — the gem rate only decides how much you win by.

Full grade ladder

Raw conditions & history →

Reed Sheppard [Gold] #21 graded prices by company and grade
Grade	Graded
9.5	$248
9	$225

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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