Posted By:
PaulI like Steve's approach, but I think it is becoming more difficult to find low-grade bargains. In the lower grades, most people do buy the card, not the holder, so the current system doesn't create an inordinate number of bargains, at least in my experience in recent years.
I do still think that the point remains true that the lower grade numbers provide you very little information about the card. At the higher grades, if the grading is done properly, you know exactly what you are getting. You know how severe the corner wear can be, how bad the centering can be, etc. With the low grades, you know nothing. It is, like I said, a dumping ground.