Curious

[glynparson]

Sometimes SMR has some good articles. Its pricing like any price guide is completely useless and has nothing to do with market pricing. VCP is a much better tool but even that in a bull market can be off.

[Edwolf1963]

Originally Posted by glynparson

Sometimes SMR has some good articles. Its pricing like any price guide is completely useless and has nothing to do with market pricing. VCP is a much better tool but even that in a bull market can be off.

+1

[ls7plus]

Originally Posted by glynparson

Sometimes SMR has some good articles. Its pricing like any price guide is completely useless and has nothing to do with market pricing. VCP is a much better tool but even that in a bull market can be off.

+1 absolutely--although I would characterize the current market for '50's and '60's "9's" and "10's" as an investor market, rather than a bull market. All those cards are coming out now because the smart collector's know this is a very good time to sell.

Hi, Glyn, and best regards,

Larry

[Huck]

Originally Posted by ls7plus

+1 absolutely--although I would characterize the current market for '50's and '60's "9's" and "10's" as an investor market, rather than a bull market. All those cards are coming out now because the smart collector's know this is a very good time to sell.

Hi, Glyn, and best regards,

Larry

So does do buyers at these prices get left holding the bag, or is this price level the new normal? I guess, only time will tell.

[pokerplyr80]

As SMR is run by PSA it would not surprise me to find out that they intentionally list prices for big cards below market value to limit liability for cards damaged during the grading process. They may also inflate the prices of common cards to encourage more submissions.

Either way I would not make a purchase decision based on a price in relation to smr value. I use recent sales data from ebay, vcp, and auction results.

[ullmandds]

Originally Posted by pokerplyr80

As SMR is run by PSA it would not surprise me to find out that they intentionally list prices for big cards below market value to limit liability for cards damaged during the grading process. They may also inflate the prices of common cards to encourage more submissions.

Either way I would not make a purchase decision based on a price in relation to smr value. I use recent sales data from ebay, vcp, and auction results.

certainly seems to be a lot of conflicts of interest going on with psa?

[Leon]

Originally Posted by glynparson

Sometimes SMR has some good articles. Its pricing like any price guide is completely useless and has nothing to do with market pricing....

I agree. Almost any book price that is not quoting actual sales can be off by a lot. That being said I do use the Beckett guide for pricing 50s-60s Topps. But pre-war has never had good guide values from what I have seen *(again, unless using previous sales data)

[HRBAKER]

An advertising tool masquerading as a price guide IMO.

[rfurnish]

Originally Posted by HRBAKER

An advertising tool masquerading as a price guide IMO.

Exactly! I don't even read it anymore because of this.