Posted By:
bruce Dorskind
Whilst one can apply a variety of measures for determining whether
or not a given item is over-hyped or over-priced, we would suggest
that the most appropriate metric to consider is market price.
In theory, (at least for graded examples) one should consider the
PSA and SGC population reports and then review (not yet available)
three years of data from VintageCardPricescom. One could then analyze
price trends as well as the number of times the item has been available
on the open market.
Ultimately price is determined by the intersection of supply and demand,
and it is difficult to argue that an item is over-hyped or over-priced
if an unbiased analysis of the "facts" proves otherwise.
Of course, there are external factors that impact price which include
(1)Seller's presentation-(catalog description,marketing efforts etc)
(2)Overall economic conditions
(3)Condition- which in the case of this hobby segments the market rather quickly
(4) Who Needs the item- If the card is "obscure" there can be wild price fluctuations-
especially after a major national auction
Our hope is that sometime in the not too distant future a site like Vintage Card
Price.com will be able to provide everyone with population data as well as auction
performance data for a three year period.
We believe that if and when this occurs, it will be far more difficult to over-hype
a rare piece of cardboard.
We appreciate your consideration in this matter
Bruce Dorskind
America's Toughest Want List