As a price guide, I think SMR is crap, at least for pre-war. But my personal opinion is irrelevant inasmuch as others use it as a resource, which gives it "validity." What Cy wrote is reflective of my experiences as a dealer at shows. Many dealers and customers cite SMR prices. So whether they are based in any market reality or not, they can definitely have an effect on the price for which you may be able to buy or sell a given card.
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