Quote:
Originally Posted by BeanTown
Who determines the value? I remember when dealers were using two price guides. The SCD and SMR. They buy using one guide and sell using the other guide. Isn’t a lot of the value speculation where on any given day a card could sell for 7500 or 17500.
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There is not the kind of pricing disparity that you suggest above. VCP which stands for Vintage Card Prices is the primary tool most dealers/collectors use for comparable pricing.
It has most recorded actual sale prices of graded cards by PSA, Beckett, or SGC whether sold on Ebay or through auction houses. Most recent sales are generally used for pricing when buying/selling although some cards may not have any recorded sales in many years. You have to pay a membership fee annually to have access to the site.
The PSA SMR is not accurate as it is not updated on a regular basis. PSA does have some actual pricing of sold PSA cards only.
Ebay has a tool to find actual sales on Ebay but a lot of times best offers are accepted and the recorded sales are the BIN prices.
Bottom line is vintage graded cards are not usually discounted to any great extent over whatever the market value is at any point in time.