Is grading with anyone who aren't PSA stupid?

This meme from a few days ago sums up the situation quite nicely.

To find the answer to your question you will first need to answer another question: why are you grading in the first place?

If you’re grading for profit you’ll want to go with an established company. The general rule of thumb right now is:

  • If you’re grading for a quick flip: go with CGC;
  • If your card has a shot at a BGS Black Label: go with BGS;
  • If you’re grading for a slower flip with a higher price tag: go with PSA.

If you have no intention of ever selling the card, go with whatever grading company you like.

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