Crazy BST Prices

[JollyElm]

Been gone for awhile, so it's nice to again be able to post relevant 'Collectorisms'...

279. Groan-Sharking
Posting a card for sale at such an egregiously high price (which doesn’t conform in any way shape or form to past sales), and causing everyone to gripe, “What is this guy thinking???!!”

See also: Trolesaler - a person who’s a member of this site for no other reason than to take advantage of the free access to the B/S/T and hawk their exorbitantly priced cards.

See also: Doing a Double-Brake (informal) - suddenly stopping when you see an eBay price that is so absolutely ridiculous that it makes you wonder if you’re missing something. Like, is the card a Venezuelan or something??

[Republicaninmass]

Premature extrapolation: the action of estimating or concluding a card price by assuming that existing trends will continue or a current method will remain applicable. Double what it sold for last week!

[cgjackson222]

Originally Posted by JollyElm

Been gone for awhile, so it's nice to again be able to post relevant 'Collectorisms'...

279. Groan-Sharking
Posting a card for sale at such an egregiously high price (which doesn’t conform in any way shape or form to past sales), and causing everyone to gripe, “What is this guy thinking???!!”

See also: Trolesaler - a person who’s a member of this site for no other reason than to take advantage of the free access to the B/S/T and hawk their exorbitantly priced cards.

See also: Doing a Double-Brake (informal) - suddenly stopping when you see an eBay price that is so absolutely ridiculous that it makes you wonder if you’re missing something. Like, is the card a Venezuelan or something??

Haha, glad to have you back Darren!!

[isiahfan]

I mean...interesting feedback from alll...

but again..the card I referred to ...and stated clearly ...isn'tt rare...at all

and I disagree with beckett not being used...most post-war...most...maybe not54's ise it as a guide...not the oly grail...but most also do not use auctuon house sales...as I would argue those are more for rare...iconinc...pre ar stuff. eBay and beckeett I would say are what most people use as a guide.

When I go to the National (15-20) trips and am buying post war Topps stuff.(mostly 50s-60s)..I never have had anyone quote me on auction prices...and rarely seen raw priced over beckett

my exact example is a 58 Aaron PSA 2 priced at 350...beckett (300-NM) and ebay (much much lower) do not jive at all...

I also see this with newer cards graded as 6s frequesntly here as well..(jordans...other high end rookies)...makes as much sense to me as buying unopened modern wax boxes for the price of 10 NrMt full sets of the same year would cost

[cgjackson222]

So I am pretty sure I was the one who sold one of the cards referenced by the OP. I sold an SGC 4 '58 Aaron for a little over half the cost that someone else is trying to sell a PSA 2 '58 Aaron.

I set my price based on recent Ebay sales.

When I saw the price for the PSA 2 '58 Aaron, I assumed that the seller had paid too much for a raw card and had assumed it would grade higher from PSA.

To be honest, until I read this thread, I didn't know that Beckett still made a price guide. I thought that with the ease that it takes to look up past ebay sales, and websites like 130point.com and VintageCardPrices.com, that a source like Beckett would be obsolete.

Do Beckett values generally run higher than ebay sales? If so, it would explain why dealers use it.

[isiahfan]

Originally Posted by cgjackson222

So I am pretty sure I was the one who sold one of the cards referenced by the OP. I sold an SGC 4 '58 Aaron for a little over half the cost that someone else is trying to sell a PSA 2 '58 Aaron.

I set my price based on recent Ebay sales.

When I saw the price for the PSA 2 '58 Aaron, I assumed that the seller had paid too much for a raw card and had assumed it would grade higher from PSA.

To be honest, until I read this thread, I didn't know that Beckett still made a price guide. I thought that with the ease that it takes to look up past ebay sales, and websites like 130point.com and VintageCardPrices.com, that a source like Beckett would be obsolete.

Do Beckett values generally run higher than ebay sales? If so, it would explain why dealers use it.

Yours and a couple others....on the flip saide...I have been collecting for 40+ years (about 2 years on 54 now) and have never heard of the websites 130point.com and VintageCardPrices.com. I use Beckett and eBay as guides...and Beckett is usually very close to eBay IMO. You may be right that other vintage sites are more current and accurate for a certain niche of HOF....but for the most part I feel commons and minor stars prices/sales/values are in line with eBay and Beckett....maybe the ones with less activity? I will check those out though...Thanks!

[Gorditadogg]

Originally Posted by cgjackson222

So I am pretty sure I was the one who sold one of the cards referenced by the OP. I sold an SGC 4 '58 Aaron for a little over half the cost that someone else is trying to sell a PSA 2 '58 Aaron.

I set my price based on recent Ebay sales.

When I saw the price for the PSA 2 '58 Aaron, I assumed that the seller had paid too much for a raw card and had assumed it would grade higher from PSA.

To be honest, until I read this thread, I didn't know that Beckett still made a price guide. I thought that with the ease that it takes to look up past ebay sales, and websites like 130point.com and VintageCardPrices.com, that a source like Beckett would be obsolete.

Do Beckett values generally run higher than ebay sales? If so, it would explain why dealers use it.

I use Beckett for commons. If I am looking to fill a set of $3-5 cards, I don't want to spend the time checking ebay sales, and further judging whether the described condition is valid. Beckett will tell me whether a card or a series is a short print, which is helpful.

Beckett values are far from perfect but it is useful guide.

[gonefishin]

I think it started with Tuff Stuff, morphed to Beckett, and is slowing transitioning to PSA Graded guide. I haven't referred to a price book in several years. I use to buy them to read the "Hot List" top moving cards every month. By the time you read the list, it had changed. When you ended up owning one on the "Hot List" you really thought you had something! 2 months later you're depressed because the card fell through the floor!

As a seller, I think one should sell, or buy, the card that they're comfortable with - maybe too much - maybe a steal - only the buyer/seller knows for themselves. Remember when a buyer, or seller - you choose, would say "Beckett says......". I don't hear that very often anymore now that cards are bought and sold quicker than stocks. Heck, now they can go into a vault and you can resale without even seeing the card.

I can still some use for a guide, especially if one is selling commons, etc. If I remember correctly, the higher dollar cards weren't priced, they were just noted as SP, SSP, not enough sales to determine value. If someone is spending 1K+ on a single card, you can bet they have researched everywhere to understand the current market for that card.

I don't want to condemn anyone for using a reference they are comfortable with. Just remember in today's instant search world, they're many reputable alternatives to just a singular "Blue Book".