In terms of analysis, there are a lot of untrue assumptions, I agree. Same type of thing for the 131-190 gray backs. Much higher percentage of those are graded for the same reasons. Each one is worth about 40x the value of the white backs. Graded commons in mid-grade sell for $500. So there is more incentive to grade them and verify that they are gray backs (because sometimes it's not so easy to determine on the internet based on a scan/photo).
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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