Posted By:
JimCrandellThe SMR is virtually useless. There was a day when Joe Orlando's job was to update the SMR and he would proactively call dealers and major collectors.
Now it is noone's job and Joe simply tells people to call in or e-mail him any changes.
There is no evidence that he pays any attention to the major auctions and no evidence that he monitors ebay transactions.
I collect over 100 graded sets across all sports over almost a 100-year span and there are none where the SMR can even be used as a guide anymore---they are that far out of touch.
I know of no knowledgeable graded card collectors who use the SMR anymore as a benchmark to price transactions.
They need to hire someone full time to do the job if they want to be serious about it--now its a joke.
Dav