SV03: Obsidian Flames Larvitar 203/197: PSA 9 vs PSA 10
On SV03: Obsidian Flames Larvitar 203/197, PSA 10 sells for 12.2x a PSA 9, a $234 delta, which is an unusually wide gem-mint premium. Based on the most recent PSA 10 sale of $340.00 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
$254.37
Last sale $340.00 on
PSA 9
$20.83
Last sale $21.21 on
PSA 8
$10.17
Last sale $14.00 on
The Spread
The PSA 9 to PSA 10 spread on Larvitar 203/197 (SV03: Obsidian Flames).
$234
Dollar gap, PSA 9 to PSA 10
12.2x
PSA 10 sells for 12.2x 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 SV03: Obsidian Flames picture: a modern-era card carrying a $234 gap between PSA 9 and PSA 10, a 12.2x multiple on the PSA 9 price.
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