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SWSH11: Lost Origin Thorton #195: PSA 9 vs PSA 10

The PSA 10 to PSA 9 spread on SWSH11: Lost Origin Thorton #195 is a meaningful PSA 10 premium: $24, with PSA 10 copies trading at 2.5x a PSA 9. Based on the most recent PSA 10 sale of $40.00 on Apr 27, 2026, the math leans toward holding the 9: expected value turns negative at conservative upgrade probabilities once the resub fee is in.

SWSH11: Lost Origin Thorton #195
PSA 10
$40.00
Last sale $40.00 on
PSA 9
$15.96
Last sale $15.96 on
PSA 8
$5.25
Last sale $5.25 on

The Spread

The PSA 9 to PSA 10 spread on Thorton #195 SWSH11: Lost Origin.

$24
Dollar gap, PSA 9 to PSA 10
2.5x
PSA 10 sells for 2.5x 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 SWSH11: Lost Origin picture: a non-holo with a $24 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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