| name | declared-value-strategy |
| description | Use when filling out a submission form's declared value field. The choice affects insurance, service tier, and grader pricing-audit risk.
|
Declared Value Strategy
Declare fair market — not 'hope'. Under-declared = no insurance. Over-declared = higher fee. Audit catches egregious cases.
The declared-value matrix
| Card hope-grade scenario | Declare |
|---|
| Likely PSA 10 ($500+) | $400-500 (PSA 10 comp mid) |
| Likely PSA 9 ($150) | $150 (PSA 9 comp) |
| Range PSA 8-10 | PSA 9 comp (mid-range) |
| Long-tail high upside | PSA 9 comp, NOT 10 (avoid Express tier surprise) |
Insurance math
Lost in transit at $500 declared → $500 reimbursed. At $50 declared → $50. Always declare enough for full replacement. Shipping insurance riders cap at declared value.
Audit risk
Graders sample-audit declared values. If your declared is wildly low (e.g., $100 declared and card grades PSA 10 selling at $5,000), they may:
- Hold the card for value review
- Adjust to higher tier and charge difference
- Restrict account for repeat offenses
Keep declared within 20-30% of likely grade-out value.
Where this fits in the X3 empire
Concierge tool computes declared value automatically using PSA 9 comp mid as default.
