Is it time to ask AGAIN if T206 prices are falling?

[Yoda]

I was the happy and surprised winner of the Hart card. Just to underscore your point I figured it had to be at least a $1,000 card plus juice. Might get it switched over to SGC. If T206's are indeed trending lower, it might be a cold winter for a lot of dealers holding large inventories of them as well as the auction houses.

[CMIZ5290]

Originally Posted by Yoda

I was the happy and surprised winner of the Hart card. Just to underscore your point I figured it had to be at least a $1,000 card plus juice. Might get it switched over to SGC. If T206's are indeed trending lower, it might be a cold winter for a lot of dealers holding large inventories of them as well as the auction houses.

Was your card a PSA 9oc? If so, that's not a fair analysis on T206s. Qualified cards are always suspect to very low prices...

[Sean1125]

There are a few "player" exceptions to this rule, but the set, commons, variations, etc that aren't heavily controlled by the parties that be are dropping.

[CMIZ5290]

Originally Posted by Sean1125

There are a few "player" exceptions to this rule, but the set, commons, variations, etc that aren't heavily controlled by the parties that be are dropping.

Sean- Then why do PSA SMR prices keep going up?? Not SGC, but PSA graded....

[Sean1125]

Originally Posted by CMIZ5290

Sean- Then why do PSA SMR prices keep going up?? Not SGC, but PSA graded....

Can you give me some specific examples?

[CMIZ5290]

Originally Posted by Sean1125

Can you give me some specific examples?

If you look at PSA SMR on a weekly basis like I do, you very seldom see any red ink (indicates a reduction in value). When you do, it's normally an isolated card that sold for less than published value in a major auction like Goodwin, REA, etc... T206s values are much more in the green than red, much more (indicating a raise in value). I vividly remember SMR prices not that long ago for a PSA 8 being $850 for a common, now they are at $1600 for a common...

[Sean1125]

Originally Posted by CMIZ5290

If you look at PSA SMR on a weekly basis like I do, you very seldom see any red ink (indicates a reduction in value). When you do, it's normally an isolated card that sold for less than published value in a major auction like Goodwin, REA, etc... T206s values are much more in the green than red, much more (indicates a raise in value). I vividly remember SMR prices not that long ago for a PSA 8 being $850 for a common, now they are at $1600 for a common...

You need to quantify "not that long ago" for me. I can't refute or agree with an opinion when I can't quantify the time period it is being made over.

[mechanicalman]

Originally Posted by CMIZ5290

Sean- Then why do PSA SMR prices keep going up?? Not SGC, but PSA graded....

My bet is that SMR prices are going up because they were inexplicably low to begin with. They are going up because they are actually closing the gap to true market value. For T206, the SMR prices on key HOF's finally appear to be within a standard deviation of VCP prices. However, compare prices of SMR Cracker Jacks, for example, to actual realized prices and it's easy to dismiss SMR as a good barometer of card values.

As an aside, it blows my mind that SMR values would ever lag true values as PSA has a vested interest in higher market prices at each grading level.

[1952boyntoncollector]

Originally Posted by CMIZ5290

Was your card a PSA 9oc? If so, that's not a fair analysis on T206s. Qualified cards are always suspect to very low prices...

why do you compare your OC cards than to cards without qualifiers? Like you say a PSA 9 sold for $47,000! and you would be selling a PSA 9 OC..why quote the straight psa 9 when you know that qualified cards are always suspect to very low prices....i was just surprised of this recent comment..

[1952boyntoncollector]

duplicate by mistake

[CMIZ5290]

Originally Posted by 1952boyntoncollector

why do you compare your OC cards than to cards without qualifiers? Like you say a PSA 9 sold for $47,000! and you would be selling a PSA 9 OC..why quote the straight psa 9 when you know that qualified cards are always suspect to very low prices....i was just surprised of this recent comment..

btw you do have some nice OC cards though.....

When I advertise qualified cards, sometime I give the SMR for unqualified cards. This is to emphasize how good of a value they are if you don't really care about flawless centering on a straight grade. It's not meant to be deceiving in anyway, it is what it is. The point I was making previously to the other poster, you can't compare qualified PSA cards with the current market on non qualified cards.