Quote:
Originally Posted by Gr8Beldini
My question: How do you assign a declared value to a card being submitted when you don't know the grade it'll be assigned? I have a high end card sitting in a Global GAI 7 holder. Should have gotten it converted years ago but didn't. Want to do it now. There is a very big difference in declared value between the card coming back a PSA 5 and it coming back a PSA 7, not to mention a very big difference in submission cost between a 5 and 7. Don't want to pay thousands of $$ for a declared 7 and have it come back a 6. How do you do this accurately?
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Declared value is simply them asking you what you value the card at when you submit it. Think of it as being used for insurance purposes while the card is in their possession. If the card were to be lost in the mail or somehow damaged while in their hands, what $ do you need for it to make you whole? If you have figured the value "wrong" for purposes of the fee to grade it, I know PSA has no problem upcharging people, and does this on the regular. I would assume SGC does the same. But I don't think the declared value should be used to guess what you think they are going to grade your card.