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SV03: Obsidian Flames Poppy 227/197: PSA 9 vs PSA 10

On SV03: Obsidian Flames Poppy 227/197, PSA 10 sells for 3.4x a PSA 9, a $38 delta, which is a wide gem-mint premium. Based on the most recent PSA 10 sale of $44.90 on May 20, 2026, the math leans toward holding the 9: expected value turns negative at conservative upgrade probabilities once the resub fee is in.

SV03: Obsidian Flames Poppy 227/197
PSA 10
$53.30
Last sale $44.90 on
PSA 9
$15.50
Last sale $15.50 on
PSA 8
$13.09
Last sale $12.78 on

The Spread

The PSA 9 to PSA 10 spread on Poppy 227/197 (SV03: Obsidian Flames).

$38
Dollar gap, PSA 9 to PSA 10
3.4x
PSA 10 sells for 3.4x 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 $38 gap between PSA 9 and PSA 10, a 3.4x multiple on the PSA 9 price.

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