Has (most) everything good been graded

[markf31]

I think 80-90 percent is a high number over all. I do think that when a lot of people think about putting a card up on the market, they're more apt to have it graded first as opposed to selling it raw especially if they're not comfortable with their own ability to grade a card. But there is a very large segment of the hobby that do not like graded cards, will not deal in graded cards or will crack the graded cards out and keep them raw.

After attending the sports card show in Pittsburgh just last month, I can tell you that the raw and ungraded market is very much alive and well in the hobby and I think it's a great thing. From the Pittsburgh show I would venture a guess that perhaps the split is closer to 50-50 for prewar issues. The sets I'm currently collecting T205, 1934 Goudey and 1948 Leaf, raw cards dominated and outnumbered graded examples.