Seems to be two possible questions here. If you're talking about which grade holds the most eye appeal, I'd say 6 or 7 -- there's too many 5s out there with scuff marks, scratches, or significant corner wear. 6s, by and large, are when the cards turn really nice. 7s are where you need to make some effort to find flaws, but they carry a major price premium.
But if you're talking about trying to complete the set, I'd say 4s. Little price increase over 3s (for commons that is), and by and large you're talking about an intact card without major creases or major corner defects. It's a whole card, so to speak. You could probably find some real nice 3s with a good degree of selection and effort though.
By and large, I'm aiming for 4s for building my set, but if there's a card that I'm particularly fond of (eg a particular team, player, or picture's aesthetic), then I'd go for that one in a 6.
--S
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collecting T206, 1940 Play Ball, 1947-66 Exhibits, and 1952 Bowman. e-mails preferred over PM.
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