What is the price of the average pre-war baseball card sold in 2007?

[Archive]

Posted By: Gilbert Maines

So far?

[Archive]

Posted By: dennis

gil,have you got the answer to this one?

[Archive]

Posted By: Gilbert Maines

Not yet Dennis, but Im looking for guesses.
I'd guess $67.

[Archive]

Posted By: jay behrens

You probably want the median price rather than average. That $2.8m sale would really skew the average. Doing like they do with home prices and taking the middle price of all sales would be more accurate.

Jay

The richest person is not the one who has the most, but the one who needs the least.

[Archive]

Posted By: ItsOnlyGil

You are probably right Jay, I never did pay attention that day when they explained the difference between average and mean. Nor was I much good after the five times table (until 10 + 11 !!! ..... but then they hit us with the twelve ) Hard to believe I'm involved with (non-choo choo train) engineering.

[Archive]

Posted By: leon

$55.87

[Archive]

Posted By: peter chao

Impossible to calculate. In general, we only know about the price of cards that are exchanged on the internet. But how about the price of cards that are being exchanged at card shows and stores. Then there are cards that are exchanged between friends.

Any estimate as to the percentage of cards that are sold over the internet?

Peter C.

[Archive]

Posted By: davidcycleback

You can average items, but that does not mean an average item exists.

If one item sells for $1 and another for $999, the average sales price is $500. I'm not aware that the $500 represents anything meaningful, and it certainly doesn't represent any sale.

[Archive]

Posted By: Joann

Don't know what the average is, but the standard deviation has to be huge.

J

[Archive]

Posted By: Bobby Binder

I could dig in and tell you the average price of graded cards only...but it would take to much time. We have some great stats on VCP that is interesting to see in our AMR section.Few interesting numbers so far this year in auctions for graded cards total $59,535.306, this week $1.004.784, this month $8,154,847 and there is a lot more to check out.

[Archive]

Posted By: Gilbert Maines

It is not how huge your Std.D is, it is how well your coefficient is correlated.

[Archive]

Posted By: Gilbert Maines

Yes Bobby, the thread had no real point. It was solely intended as a meaningless diversion.

But you are right, your site would be a fun playground to determine all sorts of information. And conduct a variety of analysis.

[Archive]

Posted By: peter chao

Bobby,

I have a serious question for you what do you think is the percentage of vintage cards that is sold over the internet?

Just an estimate, I'll take a wild guess and say 25%. I believe that most sales are still done at card shows and shops. Meeting the seller and personally inspecting the card is still important to most buyers.

Peter C.

[Archive]

Posted By: Russ Bright

I disagree - I think closer to 60% of all vintage card sales happen on the internet - maybe more - most of the card shops in my area (and surrounding 100 miles) haven't even SEEN some of these cards- and when i mention what i have they're ALL amazed that i could even FIND cards like these - or if you find the shop owner that has 1 or 2 T206's they're 100 dollars for a PSA2 common - as far as average price? I would say 40 dollars - you can get a lot of common cards for most sets for 20 or less - but with the high prices of some of the higher profile cards bumped it up a little bit -

[Archive]

Posted By: peter chao

Russ,

I would think that your figure of 60% might apply to the shiny new stuff because people think that new cards have fewer problems on them.

But for the vintage stuff you are talking about higher dollar amounts and more problematic cards, the 25% figure is probably pretty close to the actual percentage.

Peter C.