I don't think anyone here believes the SGC *ought* to grade higher, I just think the opinions posted reflect the general, and well-deserved, lack of confidence the vintage community now has in PSA's ability to accurately grade vintage these days.
The SGC looks overgraded to me. I think that card should be a 2.5 or a 3. The PSA card being in a 4 holder is a bit surprising, but the cert beginning with 45xx means that it was graded right in the early stages of the pandemic, and likely by an experienced grader, before the avalanche came that overwhelmed PSA and before they hired all these noobie graders who haven't got a clue. If that cert began with 5xxx or 6xxx though, it would almost certainly be in a 2 or 3 holder. They're just all over the place these days.
If I were subbing today, I'd expect a 2.5 on the SGC card and a 3 on the PSA.
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