Quote:
Originally Posted by Snowman
The average is what matters though, in terms of why a "rule" exists to begin with. There is always a distribution of over and under-graded cards in any given year. But yesteryear's under-graded cards are today's accurately graded cards, while yesteryear's over-graded cards are often 2 full grades high today. I've seen just as many old-label 8s that would be 6s today as I've seen old-label 7s that would still be 7s today. The average or median grades from a given era are what matter in terms of driving the narrative. Not the exceptions.
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This is an overstatement. There are plenty of “undergraded” cards in old holders. On average I would say the earliest PSA holders are one grade easier at most.