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SMR pricing

Why are the prices on the SMR price guide so much lower than the actual auction prices paid. For instance a 1959 PSA 8 Rueben Amaro is SMR 65. Last on on PWCC auction went for 600. 1959 Yogi Berra PSA 8 235 on the SMR but not even close to what you would have to pay at an auction.

Comments

  • MCMLVToppsMCMLVTopps Posts: 3,550 ✭✭✭✭

    Don't be naive, the SMR is USELESS.

    There is no way PSA could possibly monitor, adjust and post current market values for the literally hundreds of thousands of
    collectible items on eBay that reside in PSA slabs. And, don't put too much faith in the POP reports, especially for star cards. The half-point change caused untold thousands and thousands of crack outs leading to a complete deterioration of once valuable POP report data.

    Example...you have a very nice Clemente card that is in a PSA 5 holder...along comes the half-point change, well, surely you think your card has more value as a PSA 6.5 or PSA 7. You crack the card out and send it in...now we have a ghost PSA 5, because the flip wasn't sent in with the new raw card. The original card has now morphed into two cards in the POP report, regardless of whatever new grade it receives from PSA.

  • JRR300JRR300 Posts: 1,072 ✭✭✭

    @MCMLVTopps said:
    Don't be naive, the SMR is USELESS.

    There is no way PSA could possibly monitor, adjust and post current market values for the literally hundreds of thousands of
    collectible items on eBay that reside in PSA slabs. And, don't put too much faith in the POP reports, especially for star cards. The half-point change caused untold thousands and thousands of crack outs leading to a complete deterioration of once valuable POP report data.

    Example...you have a very nice Clemente card that is in a PSA 5 holder...along comes the half-point change, well, surely you think your card has more value as a PSA 6.5 or PSA 7. You crack the card out and send it in...now we have a ghost PSA 5, because the flip wasn't sent in with the new raw card. The original card has now morphed into two cards in the POP report, regardless of whatever new grade it receives from PSA.

    I had asked about this very thing before. On the vintage sets, I always allow that there may be fewer available than the number in the pop count report for that very reason. You can also get a better feel by how many of that card are available on various auction sites. I have talked to a guy through this site that has cracked and resubbed the Grote card from the 72 set multiple times in search of a 9, so the pop count of the PSA 8 in that card is way overstated. There is no way PSA could be aware of something like that.

  • MCMLVToppsMCMLVTopps Posts: 3,550 ✭✭✭✭

    There is NO question that the POP report, particularly in the star player category, no matter the sport, has been reduced to useless. This began in January 2008, just ponder how many "upgrade seekers" have totally ruined the POP report by cracking out cards over and over and over and over again, seeking the elusive half-point or better value to their lowly PSA 5 or 6. Just one person cracking out a star card say 5 times, seeking a higher grade because he/she is not pleased with results, but just knows their card has got to grade higher, (many have done much more!), has now unintentionally created 5 cards in the POP report that do not exist. That's 5 ghosts and 1 graded card. It is sad to think that PSA did not think this out more clearly and deduced the permanent destruction of one of their most viable assets to customers...the total number of PSA graded cards for a given player. This idea was sold under the premise of a "more precise" grading of cards.

    So, hold a PSA 7 and a PSA 7.5 at arms length, you cannot see the difference visually. Are we to use a loupe or magnifying glass to see the almost microscopic differences? I'd like to think this change was not made for financial reasons, but, no doubt there have been untold numbers of raw (previously PSA graded cards) that have found their way to Newport Beach, CA seeking the elusive half-point bump or higher. The issue is the flip of the original card is lost (almost nobody sends in the original flip) and gone forever, yet it will forever exist in the POP report, when in fact it doesn't exist at all.

    https://www.psacard.com/Articles/ArticleView/5212/introducing-psa-half-grades-more-precise-grading-your-cards

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