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SV: Scarlet & Violet 151 Horsea 116/165: PSA 9 vs PSA 10

On SV: Scarlet & Violet 151 Horsea 116/165, PSA 10 sells for 14.2x a PSA 9, a $190 delta, which is an unusually wide gem-mint premium. Based on the last tracked PSA 10 sale of $204.49 on Mar 16, 2026, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.

SV: Scarlet & Violet 151 Horsea 116/165
PSA 10
$204.49
Last sale $204.49 on
PSA 9
$14.40
Last sale $14.40 on
PSA 8
$10.25
Last sale $10.50 on

The Spread

The PSA 9 to PSA 10 spread on Horsea 116/165 (SV: Scarlet & Violet 151).

$190
Dollar gap, PSA 9 to PSA 10
14.2x
PSA 10 sells for 14.2x 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

SV: Scarlet & Violet 151 116/165 Horsea is a modern-era release from 2023. The gap between its PSA 9 and PSA 10 prices is $190.

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