Maximum Insured Value (Previously Declared Value)
PSA now uses the term Maximum Insured Value (MIV) to determine grading service level and coverage while your cards are in their possession.
What is Maximum Insured Value?
PSA previously used the term “Declared Value”. This has been replaced with Maximum Insured Value (MIV).
The MIV is tied to the grading service level you select and represents the maximum coverage amount if a card is lost or damaged during grading or transit while in PSA’s possession.
If PSA determines your card’s market value exceeds the MIV for the chosen service level, they may require an upgrade to a higher tier before the card can be completed.
Slabd still requires a customs Declared Value for international shipping to ensure door-to-door insurance coverage.
You will therefore provide two separate values:
- Shipping Declared Value — for customs and transport insurance.
- Maximum Insured Value — determined by the PSA service level you choose.
You can read PSA’s official explanation here: PSA Maximum Insured Value.
Learn more about PSA grading services and turnaround times.
How do I assess my card’s value?
Although PSA determines the MIV limits, choosing the correct service level depends on estimating your card’s market value.
Two primary factors determine value: condition and demand.
Condition
PSA grading uses a 1–10 scale from Poor to Gem Mint. Factors include surface marks, centering, edges, corners, stains, bends, and print quality.
PSA’s Grading Standards and PhotoGrade provide visual examples.
Market Value
Market value is influenced by rarity, popularity, historical importance, and collector demand.
Price research resources
If you are unsure, use our Value My Cards service and we will estimate this for you.
Important information
If PSA determines the card value has been understated, they may adjust the service level and associated fees
(commonly referred to as an upcharge). The card will not be released until these charges are settled.
Learn more about PSA upcharges.
Slabd
Slabd does not determine Maximum Insured Value or shipping Declared Value on your behalf and cannot be responsible for underestimated values.
Please review our Terms and Conditions.
PSA
If PSA determines a submission value is understated relative to the card’s market value, PSA may change the service level and corresponding fee.
If the upgrade is declined or unpaid, PSA will return the item unprocessed at your cost. The insurance coverage limit remains tied to the selected service tier.