I would leave it in the GAI holder because there is a chance it is fine. I just don't think PSA or SGC would cross it over. However, it might be worth trying.
If you break it out and it is OK, you can submit it to PSA with no problem and they may well grade it an 8 if they have it in hand not in a holder.
GAI was legitimate in the early years as Mike Baker left PSA as the head grader to form GAI with Steve Rocchi who was the President of PSA at the time. He is one of the most respected card graders.
I was originally under the impression that the 1st graded designation referred only to the original 1st card graded by GAI of a specific card but others on this forum have other opinions of what 1st graded means.
Not sure what the crossover fee would be for a card of this value but I assume it would be based on the value of the card in that grade based on the PSA SMR. It would stay in the GAI holder if they failed to cross it but the fee would be the same. SGC fee for crossover may be more reasonable.
Bottom line is if you are a collector, you have a very nice card. If you are looking to sell it, the options are not great in the current holder. Certainly not 6 figure value IMO.
|