Posted By:
scgaynor"I can't imagine any dealer not knowing current market values for cards...after all if they are dealers that is their career we are talking about..not a side hobby."
That is an interesting statement. The current market value for post-1948 cards is pretty easy to determine, just check out prices realized on ebay.
However, it is not that easy when it comes to pre-war cards or high grade cards that don't change hands often. I don't know that there has ever been a time in the hobby when trying to determine the current market value of items like that has ever been harder. That is one of the main reasons that people use the auction format when selling. Prices are all over the place (but typically higher that one might think and not lower). They same applies to all areas of Sports Memorabilia.
As a dealer I have always found that the best thing to do is just mark it up a bit, sell it, and move on to the next piece.
Scott