Is Larry Hughes #118 worth grading?

Basketball · Basketball Cards 1998 Upper Deck Black Diamond · full price guide →

Grading rarely pays for this card

Grade 9 copies of Larry Hughes #118 sell for $3.00, only $1.77 above the $1.23 raw price — less than an economy-tier grading fee. A PSA 9 ($3.00) 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): $1.23
Grade 9: $3.00
PSA 9: $3.00
Gem premium: 2.4×
As of: Sep 3, 2026

Break-even by outcome and fee

Larry Hughes #118: 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	$3.00	−$23.23	−$48.23	−$148
PSA 9	$3.00	−$23.23	−$48.23	−$148
PSA 8	$2.74	−$23.49	−$48.49	−$148

Net = sale price − $1.23 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?

Larry Hughes #118: expected value of submitting by gem probability
Chance it gems	Expected sale	Expected net (standard fee)
25%	$3.00	−$48.23
50%	$3.00	−$48.23
75%	$3.00	−$48.23

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

Full grade ladder

Raw conditions & history →

Larry Hughes #118 graded prices by company and grade
Grade	Graded
9.5	$3.00
9	$3.00
8	$2.74

Run your own numbers

Should I pay this?

Asking priceGrading fee

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