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#1
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Standard Catalog pricing question
Posted By: Mike
I'm not sure how the pricing works in this guide. For example, the 1914 Cracker Jack Christy Mathewson hasn't changed prices in like 5 years, yet there have been 3 sold over the past year. One on Ebay(ungraded) sold for $1500.00, another in Mastro's Aug. auction(SGC 3) sold for over $10,000 and now the one in Mastro's current auction (SGC 2) is over $7000.00. I just don't understand why a rare card like this doesn't change price when it's clear the price HAS changed. Any thoughts? |
#2
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Standard Catalog pricing question
Posted By: Julie
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#3
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Standard Catalog pricing question
Posted By: Brian C Daniels
It's sales average consensus related and these grading clowns that put the price guide together for the plastic boss do not track the reality of market trends.............Example~ |
#4
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Standard Catalog pricing question
Posted By: warshawlaw
One thing I've learned in doing my book is that there is a great deal of difference between a guide and a report of results. I've offered for years to buy 1928 PCL Exhibits and Zeenuts HOFers for full book adjusted for condition--so far, no takers. The cards are valuable and rare enough that "book" is irrelevant. Just last week I had some jackass write me telling me that I was nuts to ask $1500 for an N162 card because it was a $200 common in the book. OF COURSE, THE CARD WAS IN SGC 86. I got my $1500 on the card because it is rare. |
#5
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Standard Catalog pricing question
Posted By: Julie Vognar
The best thing about guides is how wonderful they are as checklists the following year! Just tear out a page and check away! |
#6
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Standard Catalog pricing question
Posted By: Bob Lemke
Any sales of 1914 CJ Mathewsons which occurred in the past 12 months canot possibly have been reflected in the 2004 book. Those prices "closed" almost exactly a year ago. We are in the process of assigning final pricing to the vintage section for the 2005 edition as we speak. It will be finished May 1 and while we might be able to sneak in a six-figure change in the weeks up to press date, virtually every price in the book is cast in stone as of May 1. The Lipset, Mastro and Lifson auctions will be reflected in the new book, but anything which happens in the market after May 1 will have to age a year before it's reflected in our pages. |
#7
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Standard Catalog pricing question
Posted By: BcD
were directed at the "SMR". They reflect in no manner what you do. |
#8
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Standard Catalog pricing question
Posted By: Richard
The book is really just a guideline for pricing. Throw it away when you are pricing the rare vintage cards. |
#9
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Standard Catalog pricing question
Posted By: andy
on any rare item, regardless of when it was issued. i have a list longer than my arm of items 1982 and before that i would buy at twice book....anytime any quantity. i'm sure i'm not the only one. |
#10
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Standard Catalog pricing question
Posted By: Halleygator
The SMR could be a lot more accurate since it comes out every so often. |
#11
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Standard Catalog pricing question
Posted By: Davalillo
The SMR has become increasingly irrelevant as far as card prices are concerned which is too bad. When Joe Orlando focused on it, it was actually quite good, but it is clear that with his other responsibilities he spends no time on it now. He tells people to e-mail him with the changes, so the only time you have changes is when an enterprising collector sends them in. Having your customers do pricing is no mway to run a publication. Obviously, he needs to hire a full-time person to run this but apparently due financial issues he does not do this. |
#12
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Standard Catalog pricing question
Posted By: Albie O'Hanian
It will be interesting to see what happens with the price in SMR of the Ruth. A "9" currently books at $110,000, and since this 8 is selling at that price I wonder if the prices will rise or if there will be a hand blurb at the bottom of the set stating that a PSA 8 Ruth sold for X amount of dollars. |
#13
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Standard Catalog pricing question
Posted By: warshawlaw
The SMR has never been an accurate pricing tool. It started as a pure promotional scam by claiming to price based on actual sales while at the same time issuing fake prices on cards that did not exist and compounding the fraud by jacking them up every month to show the supposedly great returns from those non-existent PSA graded cards. See some of the early VCBC issues for details. In recent years, the SMR has gotten better at reporting auction results THAT FAVOR PSA PRODUCTS, but it still persists in (1) publishing prices for cards that do not exist or have not transacted in the grades designated and (2) publishing prices that are out of line with reality on "basic" cards. Sure, we see a lot of touting of $2,000 PSA 10 commons from tough sets and we are going to see a $100,000 Ruth rookie, but no reporting of myriad PSA 6-7-8 cards selling at a fraction of SMR prices. When was the last time that you actually paid SMR prices for a PSA graded card that was not a "monster" rarity? |
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