The gap between gems and 9s is similar percentage-wise still, but what is changing is that both are getting lower premiums than they once did for ultramoderns. At one point, PSA 10s were getting 5x to 6x raw value, and 9s were getting close to 2.7 raw. Now, 10s are getting between 2x to 3x (sometimes lower) and raws about 1x-1.5x. The gap is getting smaller in terms of total dollars, but it's not because 9s are getting popular. I think grading premiums will continue to drop and 9s will stay around raw pricing, if not lower. 9s make sense when a gen costs 5x raw, but people will just buy gems if they aren't even getting 2x raw pricing. There is no room for 9s to get premiums with gem premiums declining.
Last edited by jduds; 04-11-2025 at 02:23 PM.
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