I'm not sure about now, but I've gotten some nice grades from SGC on prewar stuff I bought raw.
Once you start looking at the cards more critically the grades make some sense.
For what it's worth, I'm also not one to get hung up on grade. I've graded very few cards, and bought fewer already graded. I have pretty much the entire range of conditions from "ought to be in the recycling" to "that's almost perfect"
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