is ebay killing high grade 50's-60's market?

[ebrehm]

Here is what PSA states regarding valuation of cards that have not yet been graded; I assume the same logic would carry over to cards that do not exist in particular grades:

Cards Not Yet Graded or Few Known

In cases where a card has not yet been graded or in cases where a card is extremely scarce and rarely comes up for sale, we do our best to give conservative estimates for those cards. We try to compare that card to other comparable rarities in order to come up with a price but our stance at SMR is that a card is worth what someone is willing to pay so we try to avoid speculating too much and focus on actual sales. If you know of a rarity that has sold privately and it can be verified, let us know. We can’t make changes if we don’t have the pertinent information.

[Rich Klein]

Focus on SALES and not on dealer's retail prices (although knowing them does help in terms of high end retail)

Also; since the SMR says they are based on sales; you can't price a card, however conservatively if it does not exist in that grade.

Remember; I have the experience to say this

This is NOT a PSA Bash; rather something that would help the qualilty of their work. And, like I pointed about my subscription renewal issues; just another indication of corporate sloppiness. I understand how hard it is to do price guides accurately; and frankly; Joe SHOULD pass off any of this work except to be a final arbiter on certain cards. Any time Joe spends doing PG work is time he can't spend attempting to make money for CU.

Regards
Rich

[Exhibitman]

This fake SMR pricing nonsense has been an issue since it was a plain paper mailer sent every month to the PSA users. I wrote an article on this very subject in VCBC 11 back in the mid-1990s.