the value of cards

akafocus

Do you think that a cards value goes up and down on a daily basis based on that day's performance of the athlete?

Caricon

Sometimes. I remember when Fernando Tatis hit those Grand Slams during that one game.
The next few hours and next couple of days, you saw posts everywhere for people looking
for his cards. But now you don't. Just like if the player dies, the next thing you see are
people bidding hugh amounts on his cards. If the media makes noise about a player, then
usually there cards go up.

jbugs

i think a better question is why 99 cards #'d/50 are worht $100, and 00 and 01 cards #'d/25 are worth $50-$60. Beckett has some screwy prices and they control the card market as we know it. IF they keep lowering prices, pretty soon there wont be much of a hobby anymore.

LiveAndLearn

I look at it from this kind of angle: When a player has a good day his stock goes up with collectors and down with sellers in the sense of they aren't pursuing his cards so heavily due to the premium they'd have to pay for them and collectors just want the cards and when a player has a bad day the collectors are the ones not pursuing the cards so heavily and the sellers(buyers in this case) are the ones pursuing the cards so it keeps an even level and it takes a month or more of having the good days outweigh the bad before before it goes up and vice versa....Then again I see everything as comparable to the stock market only less volatile.

bjork73

Two things:

1) With innovations such as thePit.com, cards certainly can and do fluctuate in price due to daily events. It may also (subtly or drastically) affect going prices on auctions (eBay, Amazon, Yahoo, etc.).

2) jbugs - as far as I know, Beckett does not "set" prices. It takes in a wide sample of market information on what dealers can sell individual cards for in the retail market (as in a shop versus a card show or auction), finds a good "average" of sorts, and puts that info in the price guide. Beckett does not set the market; it merely reflects it. And with serial-numbered cards, finding a card numbered to 50 a few years ago meant more than finding a card numbered to 25 does now simply because there's a greater supply of serial-numbered cards on the market today.

akafocus

To me the question has two answers. To some, a bad day drops the value of a card. To others, with longer vision, it could mean nothing at all.

Even the drop in the Beckett can immediately get some collectors itchy to sell their cards. In that respect Beckett does not reflect but actually projects the market. Whether this is by intention or not is a matter of opinion...