Sometimes a graded 6 will sell for less than a card listed as nm-mt.
Personally, I look for grade 3-4 in cards that are typically out if my price range. For others, I scout the 5-6's for undergraded gems.
If I like the card, I get it, regardless of grade.
I recently passed on a SGC 4 1951 Mantle for an over graded BVG 3 (which came back from SGC as a 2). The price difference wasn't much, but the lower grade looked better to me, the 4 was off centered both ways.
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