Curious

[egbeachley]

Originally Posted by biohazard

Why do you refrain from looking at the SMR? I have been working on the 1954 Red Heart set for quite some time. I would expect to pay a premium on the Mantle, Musial and perhaps Snider but the rest I would expect to get at or below book.

Book value is book value. It should attempt to reflect going prices. You should not expect stars to be higher than book value nor commons to be less than book value. The relative value of stars and commons should already be considered.

Fact is, SMR is often completely out of touch with realized prices, even ignoring recent trends. Sometimes it's high, sometimes it's low. Using it, even as a guide, can get you burned.

[Mark17]

Originally Posted by egbeachley

Fact is, SMR is often completely out of touch with realized prices, even ignoring recent trends. Sometimes it's high, sometimes it's low. Using it, even as a guide, can get you burned.

I'm looking at the online SMR report now, for T3s. Imagine my surprise to learn that Bob Rhoads is a common - there is not one card in the set valued less, in any grade!

The rarest card in the set, and not even a slight premium assigned... that is displaying serious ignorance about that set.

[1952boyntoncollector]

Originally Posted by Mark17

I'm looking at the online SMR report now, for T3s. Imagine my surprise to learn that Bob Rhoads is a common - there is not one card in the set valued less, in any grade!

The rarest card in the set, and not even a slight premium assigned... that is displaying serious ignorance about that set.

I also think the POP report for the higher grade cards is a measuring tool.

if i see past sales for Smoky Burgess for example at a psa 8 for $100 with a POP 40 for same grade and above and some lesser common guy is going for 30$ with a POP 20...id rather have the lesser common guy because eventually the more known 'common' will continue to fall to what the POP is..

now i may of used a bad example in Smoky, im just saying there are some players that current card collectors still know but to people who not watch them play are still commons. as time goes on and if there is still significant card collecting....i do beleive all the non willie mays or big names and known rare variatins etc. will just be commons and POP will rule....for high end cards POP is more significant because less resubmissions when you have an 8 etc.