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#1
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Not the equivalent, but people who have a print or photo expensively framed often want people to pay for the frame, but collectors will only pay for the value of the photo.
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#2
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Some junk era cards won't be worth the cost of grading unless they get a 10. Others perhaps not at all. I would guess most cards from the 88 Topps set would fall into the second category.
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