Almost all of my collection is ungraded for a couple reasons.
1 - I got caught in the "Graded is better" frenzy and joined PSA 5-6 yrs ago, to get the best Lou Brock set on the registry. After paying a few hundred bucks to get cards graded, I got an epiphany - Why try to impress people I don't know by overpaying for graded cards or paying someone else to tell me what condition they are in?
2 - Low to middle graded cards are a lot more expensive than low to mid grade raw cards.
3 - If I sold a lot of cards on ebay, I would get some of them graded, especially the key HOF'ers. Probably not all the minor stars unless they were 6-7 or better. I doubt very many people are putting a PSA 4-5 62 Topps set together. Those folks will just do a set raw.
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