Neo Genesis Feraligatr #5: PSA 9 vs PSA 10

On Neo Genesis Feraligatr #5, the PSA 10 premium is one of the widest gaps in vintage WOTC: PSA 10 sells for 22.3x a PSA 9, a $7,705 delta. Based on the last tracked PSA 10 sale of $8,067.00 on Dec 7, 2025, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.

PSA 10

$8,067.00

Last sale $8,067.00 on Dec 7, 2025 UTC

PSA 9

$361.57

Last sale $414.70 on May 30, 2026 UTC

PSA 8

$158.43

Last sale $213.74 on May 29, 2026 UTC

The Spread

The PSA 9 to PSA 10 spread on Feraligatr #5 Neo Genesis.

$7,705

Dollar gap, PSA 9 to PSA 10

22.3x

PSA 10 sells for 22.3x a PSA 9

Three-Outcome EV Calculator

PSA 9 acquisition cost ($)

PSA resub cost ($)

Probability of each outcome (must total 100%)

PSA 10 (upgrade) 15%

PSA 9 (regrade) 70%

PSA 8 (downgrade) 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

Math favors holding the 9

Where this card lands in the broader Neo Genesis picture: a holo with a $7,705 gap between PSA 9 and PSA 10. The PSA 9 to PSA 10 jump on WOTC-era cards reflects population scarcity at the top grade, not raw print run.

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