Posted By:
Bill CornellPete -
Agreed that it's just one sale, but this was a group of 25 cards that sold to mostly unique buyers, which to me indicates representative pricing that happens to be far below the last SCD prices (true for most issues). So few of these cards change hand in the public eye that I think it would be wrong to not pay attention to the prices achieved.
A larger point, I think, is that current price guide values are detrimental to collecting, since those stated values are almost always too low. This had led to a tendency by sellers to inflate the grades of cards so that they hit the upper price guide boundary (NM). No one will rationally quote "book value" unless that value is an accurate indication of the card's true worth, so cards get slotted above their real grades. My feeling is that SCD should be giving price ranges for scarce cards.