Quote:
Originally Posted by bobbyw8469
Look at completed listings for 1961 Juan Marichal PSA 6's. This would be a fun project because APPARENTLY not everyone here is a seasoned collector. Don't even bother looking at VCP. Look at the completed history one's currently on Ebay. The ones that are selling for $66 and under - what do they have in common?? Shoot, there was even a couple of $80's that fit that same criteria, but those were BIN's by some patient sellers (maybe even 707, who knows). Now look at the ones that sold for $90 and up. What common theme do they have????
I'm speaking tongue in cheek of course, but with some half truth thrown in. Get off the Juan Marichal. Look at Bob Gibson's rookie if that will help. Anytime you see a lower graded card sell for more than a higher graded card, or hell, even cards within the same grade, CENTERING is what makes the price difference!
It is not even my favorite quality of a card, but to the MAJORITY of collectors, CENTERING is boss! I'm sorry you felt like you got cheated according to VCP average. I am just explaining why you can throw VCP average out for certain cards. Carry on.....
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Again... I completely agree... You keep missing my point because you are infatuated with 'throwing VCP out the door'.
Let's go ahead and throw VCP out the door!!!!!!!! Now we are the same side! Yay! Here's the scenerio then:
Your card doesn't sell for $90 as BIN. Would it then not make sense that card would then sell for less than $90?? Let's make that strong
assumption. So any price under $90 seems that it
could win.
$89 could win and seems more likely than $91.
$88 could win and seems more likely than $92.
$87 could win and seems more likely than $93.
.
continue doing this....
.
$66 could win and seems more likely than $114.
Wow!!! I love when math works out... PERFECTLY!!!!!!!!
There are other assumptions in play like sale prices being normally distributed and the residual of errors assumptions, but no need to dive into that.