SV01: Scarlet & Violet Base Set Armarouge 203/198: PSA 9 vs PSA 10
On SV01: Scarlet & Violet Base Set Armarouge 203/198, PSA 10 sells for 21.7x a PSA 9, a $444 delta, which is an unusually wide gem-mint premium. Based on the most recent PSA 10 sale of $525.00 on May 25, 2026, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.
PSA 10
$465.47
Last sale $525.00 on
PSA 9
$21.41
Last sale $21.50 on
PSA 8
$12.80
Last sale $9.50 on
The Spread
The PSA 9 to PSA 10 spread on Armarouge 203/198 (SV01: Scarlet & Violet Base Set).
$444
Dollar gap, PSA 9 to PSA 10
21.7x
PSA 10 sells for 21.7x 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 SV01: Scarlet & Violet Base Set picture: a modern-era card carrying a $444 gap between PSA 9 and PSA 10, a 21.7x multiple on the PSA 9 price.
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