Ohtani Added 34 PSA 10s This Week. His Gem Rate Still Dropped.
Editorial

Ohtani Added 34 PSA 10s This Week. His Gem Rate Still Dropped.

The 2018 Topps Update Shohei Ohtani now has 17,283 PSA 10 copies in circulation. The Flagg Chrome sits at 146. Those two numbers tell completely different supply stories.

By Ryan Alford, FounderCollector Nation Editorial3 min read
Share
Link copied

The 2018 Topps Update Shohei Ohtani added 34 PSA 10 copies in seven days. Its gem rate still fell. That split is the most important data point in this week's population barometer, because it shows exactly how a card in an active submission cycle behaves differently from every vintage card on this watchlist: volume is high enough that even a strong gem rate cannot hold its percentage steady when new submissions keep arriving.

Ohtani: Fast-Growing Pop, Falling Gem Rate

The Ohtani PSA 10 population moved from 17,249 to 17,283 this week. The gem rate dropped from 55.53% to 55.45%. Both things happened at the same time because the denominator, total submissions, is growing faster than the numerator of top grades. That is the structural reality of a card still deep in its submission arc. Collectors pricing a PSA 10 Ohtani on scarcity assumptions need to reckon with a pop that added 34 copies in a single week, a pace the vintage cards on this list will never replicate.

Flagg: Watch the Gem Rate, Not the Pop Count

The 2025 Topps Chrome Cooper Flagg added only two PSA 10 copies this week, moving from 144 to 146. That modest pop gain is less interesting than the gem rate, which compressed from 18.85% to 18.74%. At 146 PSA 10s total, this card is early enough in its submission arc that the next few weeks will show whether that rate stabilizes or keeps compressing. Two possibilities explain the compression: graders are tightening on modern Chrome, or the easiest copies have already been submitted and the remaining pool skews harder to gem. Either reading matters for how the market prices the top grade, and one week of data cannot settle which it is.

Jordan and Griffey: Basis-Point Moves on Decades-Old Pops

The 1986 Fleer Michael Jordan gem rate moved from 1.09% to 1.08%. The 1989 Upper Deck Ken Griffey Jr. moved from 3.20% to 3.19%. The Jordan PSA 8 population grew from 9,413 to 9,423; the Griffey PSA 9 from 34,748 to 34,765. These are not signals. At submission paces typical of 40-year-old cards, a 0.01-point gem rate move is the expected noise of a distribution that has been accumulating for decades and is long since established. The value of tracking them week over week is not to find movement. It is to confirm there is none.

LeBron and Trout: Steady Drift

The 2003 Topps LeBron James gem rate slipped from 11.70% to 11.68% as the PSA 7 pool added nine copies, moving from 2,110 to 2,119. The 2011 Topps Update Mike Trout gem rate edged from 42.13% to 42.10%, with the PSA 10 population gaining two copies to reach 7,102. Neither card is generating the kind of weekly volume that would make its gem rate a live market variable right now. They sit between the vintage cards, where movement is noise, and the Ohtani, where movement is structural.

What to Track Next Week

The Flagg gem rate is the number with the most information content over the next few weeks. At 18.74% on a population of 146 PSA 10s, it is still early enough in its arc that a continued compression would be a meaningful read on how hard this card is to gem as the submission pool matures. On the Ohtani, the question is whether the PSA 10 pop growth rate is holding steady or beginning to slow: 34 copies in a week is a single observation, not a direction. This barometer has read 51 of its 768 tracked series more than once, so the comparisons being built now are the foundation the long-run data will rest on.

The Ohtani added 34 PSA 10s in seven days and its gem rate still fell. That is what an active submission cycle looks like from the outside.

CN

Follow the hobby in the app

Track the products and players you collect and get told the moment anything moves.

Get the Collector Nation App

More From The Newsroom