Posted By:
jay behrensThis easy, the price of any first or last card that isn't in NM conidition. The 33 Goudey Benough is probably the single best, or worst, example. There is nothing rare about this card and there is nothign special about the player, yet this card carries a huge premium, even in the worst of conditions.
The biggest culprit is the price guides. They tend to be formulaic when they do their prices. If the NM is this, then EX is 50%, VG 25% G 15%, etc. I'd be willing to bet that if they started listing normal common prices for anything below NM, you'd see prices of #1 cards in lower grades drop. You don't beucase people are baiscally sheep and if the price guide says so, then it must be. And dealers justify inflated prices by waving around the inflated price guide value.
Jay
I like to sit outside drink beer and yell at people. If I did this at home I would be arrested, so I go to baseball games and fit right in.