Quote:
Originally Posted by Railroad Bill
Bought the guide to find out book value. It seems like everyone refers to book value on cards. There are 2 prices for each card. I assume that the lowest is what you can sell it for and the highest is what you would pay a dealer. Is that correct?
Also, it doesn't say anything in the book about the grade of the card that is priced. Anyone know what grade the priced cards are?
In my opinion, book isn't done very well.
Thanks,
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High book is supposed to be what you could expect to pay at most, low book is what you could expect to find it at it's cheapest. I do know alot of people that treat it how you mentioned though, as far as buying/selling with a dealer. It's all in each individuals perspective.
If you're talking about Beckett, it doesn't refer to any specific grade. There should be a chart at the beginning of the prices section that'll give you percentages based on grade for those prices. It's been a while but modern NM cards should be 100%, different eras will be different though. It really doesn't matter because actual value in most instances is somewhere in the middle.
For older stuff, I'd suggest picking up the SCD Standard Catalog. Their modern prices are hit and miss(that's to be expected with so much crap to price though). I looked up a modern card in it the other day. You'd have a hard time convincing me that the 1990 Donruss Best NL Larry Walker card is only worth 5 cents.
For modern stuff, you are better off with the Beckett, once you figure out how to decipher it.