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Base Set 2 Defender 109/130: PSA 9 vs PSA 10

Base Set 2 Defender 109/130 shows an unusually wide gem-mint premium between PSA 9 and PSA 10: a $33 dollar gap, with the gem mint multiplier at 6.2x. Based on the last tracked PSA 10 sale of $39.99 on Mar 27, 2025, the math leans toward holding the 9: expected value turns negative at conservative upgrade probabilities once the resub fee is in.

Base Set 2 Defender 109/130
PSA 10
$39.99
Last sale $39.99 on
PSA 9
$6.50
Last sale $6.50 on
PSA 8
$11.60
Last sale $11.60 on

The Spread

The PSA 9 to PSA 10 spread on Defender 109/130 (Base Set 2).

$33
Dollar gap, PSA 9 to PSA 10
6.2x
PSA 10 sells for 6.2x a PSA 9

Three-Outcome EV Calculator

15%
70%
15%
Defaults are conservative starting points. Adjust based on the specific slab. A borderline 9 with strong centering plays differently than a 9 with edge wear.
PSA 10 outcome (sale price minus resub minus acquisition) $0
PSA 9 outcome (regrade, no upgrade) $0
PSA 8 outcome (downgrade, slower sell, tied capital) $0
Expected Value
$0
Math favors holding the 9

Where this card lands in the broader Base Set 2 picture: a WOTC-era card carrying a $33 gap between PSA 9 and PSA 10, a 6.2x multiple on the PSA 9 price.

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