[bk400]

Hypothetical question: would you pay significantly more for a PSA 8 in a super old slab that looks to the naked eye worse than a PSA 7 slab with a 7XXXXXXX certification number?

I've been seeing a lot of cards (especially from the 1970s) where the price point for the old PSA 8 far outstrips the price point for the new PSA 7, even though the new PSA 7 is a superior card. This suggests what the "market" thinks makes sense.

But how does this make sense? I've read threads about "buying the flip", but this phenomenon suggests that people are buying the flip while covering their eyes. Thoughts?