Great stuff...I love to analyze by the numbers and have a couple of excel sheets myself.
Definitely cheaper to buy the sets (even the 50s & 60s) to Al's point, and for me it's not about value but the hunt for the set. I see people/dealers buying sets all the time to break them up on Ebay. The only set I have sold was a high grade 57 set that I first offered here whole and got a whole bunch of low ball "offers" and others telling me it was basically worthless as a couple of the stars were VGEX (95% of the set was EXMT). I was SHOCKED at how much I was able to get breaking it up card by card online. I actually more than tripled my investment and got over twice as much as I offered it here for whole.
Your study validates why so many dealers buy sets and break them up. Nice margins. I think your value numbers from Beckett are certainly too high based on ebay reality, but I would argue the percentages are right on. Now add that the dealers who buy the sets to break most likely were successful in a low ball offer as well...increasing their profit on the set break.
Don't get me wrong...I love set breaks...one of the best ways to build a set with singles needed off ebay after the lots are done...lol.
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John Otto
1963 Fleer - 1981-90 Fleer/Donruss/Score/Leaf Complete
1953 - 1990 Topps/Bowman Complete
1953-55 Dormand SGC COMPLETE SGC AVG Score - 4.03
1953 Bowman Color - 110/160 69%
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