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Is Erasmus James [Refractor] #228 worth grading?

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Grading rarely pays for this card

Grade 9.5 copies of Erasmus James [Refractor] #228 sell for $2.00, only $0.51 above the $1.49 raw price — less than an economy-tier grading fee. A PSA 9 ($1.80) only about breaks even after fees, so the case rests on gemming. Keep it raw unless you are grading for the slab itself.

Raw (NM)
$1.49
Grade 9.5
$2.00
PSA 9
$1.80
Gem premium
1.3×
As of
Sep 4, 2026

Break-even by outcome and fee

Erasmus James [Refractor] #228: 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$2.00−$24.49−$49.49−$149
PSA 9$1.80−$24.69−$49.69−$150

Net = sale price − $1.49 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?

Erasmus James [Refractor] #228: expected value of submitting by gem probability
Chance it gemsExpected saleExpected net (standard fee)
25%$1.85−$49.64
50%$1.90−$49.59
75%$1.95−$49.54

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

Erasmus James [Refractor] #228 graded prices by company and grade
GradeGraded
9.5$2.00
9$1.80

Run your own numbers

Should I pay this?

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Grading Erasmus James [Refractor] #228 — FAQ

Is Erasmus James [Refractor] #228 worth grading?

Grade 9.5 copies of Erasmus James [Refractor] #228 sell for $2.00, only $0.51 above the $1.49 raw price — less than an economy-tier grading fee. A PSA 9 ($1.80) only about breaks even after fees, so the case rests on gemming. Keep it raw unless you are grading for the slab itself.

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