The caveat that you may hold it and examine in person means there is no reason not too. I am certainly fallible and may make a mistake, but I see no evidence PSA and SGC make less mistakes than I do. I will trust my detailed examination over some guy at PSA looking at it for 30 seconds.
I have paid $10K for a batch of 5 raw cards without getting to exam them in person. Worked out just fine. Would do it again. The amount of cards I would pay $10K for is very, very small. There's only 1 or 2. Being raw wouldn't be an obstacle.
More generally, I think a lot of it would depend on the item. A nice condition card of a very common commodity item raises more red flags raw than an obscure/extremely rare card for which the condition is not of much concern. Getting to exam in hand though would waive this doubt for me.
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