Has (most) everything good been graded

[Touch'EmAll]

I am thinking that 80-90+ percent of all good cards have already been graded by either PSA or SGC. Sure there is the old grandad collection that the relatives just discovered. Or a tiny minority of real collectors refuse to get into grading and keep raw. But that is the exception rather than the rule.

How many PSA 5 or higher T206 Cobb's still sit ungraded, or how many 1933 Ruth's or Gehrig's have yet to make their way into an SGC holder. Or even 1950-60's Hank Aaron cards in PSA 8 or equivalent not yet graded?

You really think one can attend the National or any other large show and pick up rock solid untampered with major vintage HOF'ers ungraded? Really? Or spot that diamond in the rough on ebay that hasn't been trimmed or other?

I just got back from PCGS (coin folks) a submission of early Buffalo nickels - same thing goes for coins. You really think you can steal a deal of a grade suitable key date 1926-S or 1921-S Buffalo nickel? Most coin forums/blogs think fat chance. I did get back a 1915-S Buff in XF40 that is awesome coin, got lucky, but i have to admit several other key dates I submitted came back body bagged with various flaws.

Lesson learned: This day in age, don't even think about it (card/coin) unless it is already graded by reputable third party grader. The odds that you spotted something special raw are worse than any odds in Las Vegas.

Bummer, but true, yes?