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  #1  
Old 01-28-2012, 10:30 PM
vintagetoppsguy vintagetoppsguy is offline
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Ok, now I am really confused. Nearly everyone claims that SMR has no relevance on their purchasing decision. At the same time, nearly everyone claims that SMR pricing is flawed.

One would have to surmise that if you’re not using SMR as a point of reference in your purchasing decision, then there is no reason to look at the pricing data. If no one is looking at the pricing data, how does everyone know it’s flawed?

I think some people aren’t telling the truth.
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Old 01-28-2012, 10:33 PM
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Quote:
Originally Posted by vintagetoppsguy View Post
Ok, now I am really confused. Nearly everyone claims that SMR has no relevance on their purchasing decision. At the same time, nearly everyone claims that SMR pricing is flawed.

One would have to surmise that if you’re not using SMR as a point of reference in your purchasing decision, then there is no reason to look at the pricing data. If no one is looking at the pricing data, how does everyone know it’s flawed?

I think some people aren’t telling the truth.
You know it's flawed because the people that quote SMR when selling a card are always WAYYYYYYY off base. So, if they are indeed quoting the price from SMR, then even if you haven't read SMR, you know it is CACA.
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  #3  
Old 01-28-2012, 10:57 PM
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I truly have never seen SMR and only vaguely know what it is about...ignorance can be bliss, especially as a low condition collector!

Brian
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Old 01-28-2012, 11:32 PM
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David,

The SMR has been around for years. Many of the people who said "nada" bearing out somewhat what I mentioned in the other thread probably did at some point take a look at the SMR's pricing data, realized it was laughable and have since moved on. Couple that with the fact that they used to (and may still) list prices for cards in grades that had a "zero pop" (to use the vernacular) and that the whole thing was published by a company with a very real interest in the stated values - why would anyone give it a second thought as a buyer.
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Last edited by HRBAKER; 01-28-2012 at 11:33 PM.
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Old 01-28-2012, 11:37 PM
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Default Smr ?

What's SMR ? No, seriously.
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  #6  
Old 01-28-2012, 11:39 PM
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What's SMR ? No, seriously.
Sportscard Market Report - a price guide/periodical published by PSA
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Last edited by HRBAKER; 01-29-2012 at 09:01 AM.
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  #7  
Old 01-29-2012, 12:09 AM
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Quote:
Originally Posted by vintagetoppsguy View Post
Ok, now I am really confused. Nearly everyone claims that SMR has no relevance on their purchasing decision. At the same time, nearly everyone claims that SMR pricing is flawed.

One would have to surmise that if you’re not using SMR as a point of reference in your purchasing decision, then there is no reason to look at the pricing data. If no one is looking at the pricing data, how does everyone know it’s flawed?

I think some people aren’t telling the truth.
Honestly this thread is pretty pointless...we are relying on people telling the truth about following a guide that some/most people have bashed quite a bit before this thread was created. I believe most people wouldn't admit it if they actually did, but if you count the people in this thread that said no, it's under 1% of the people that participate in discussions.

There's no doubt I use the SMR, but I know where it stands when it comes to realized prices. It seems like most of the people here use the VCP for their reference, so why would they use SMR?

Make a poll about this question and then you will probably see a more realistic number.
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  #8  
Old 01-29-2012, 06:24 AM
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Do the fine folks at PSA read this board? What might their reaction be when they see these responses from a cross section of vintage collectors?
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  #9  
Old 01-29-2012, 06:44 AM
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Default Different point

It can actually be useful In determining where a seller may have placed a reserve...many big time Psa sellers use this as a guide,they think their cards should not sell below the SMr. Therefore I have successfully navigated best offers and reserve auctions by using this "secret" number that's usually not a secret.

I think all tools should be used, however useless they may seem at face value
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