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1955 Harry Agganis PSA 8

I own a 1955 Topps Harry Agganis PSA 8 card (1/28 I believe) and see tht the SMR is $250. I have been watching prices for this card over the last year on EBAY and other major auctions and see that the card usually sells over $600, and I even saw one major PSA dealer listing it around $900. My question is how does SMR review its values particularly when a card has a history of selling at 2-3 times SMR?

Comments

  • VirtualizardVirtualizard Posts: 1,936 ✭✭


    << <i>I own a 1955 Topps Harry Agganis PSA 8 card (1/28 I believe) and see tht the SMR is $250. I have been watching prices for this card over the last year on EBAY and other major auctions and see that the card usually sells over $600, and I even saw one major PSA dealer listing it around $900. My question is how does SMR review its values particularly when a card has a history of selling at 2-3 times SMR? >>




    They don't! That's why SMR is continuously out of touch on a lot of issues. Others have berated PSA for this, but I don't see it as that big of a deal. As with Beckett, SCD, etc., I take the SMR for what it is - a guide. You can tell what some cards are worth relative to other cards in the set, but none of these publications account for low pops and I'm not sure that they should. Maybe in 5 years if things haven't changed, I would be for this, but right now, it's still too early in the game.

    JEB.
  • VirtualizardVirtualizard Posts: 1,936 ✭✭
    Oh, BTW, welcome to the message boards, Nicky! image

    JEB.
  • Thanks JEB for the welcome! Also, thanks JEB for your purchases from me on EBAY! (Ballpark Investments)!

    Nick
  • pcpc Posts: 743
    [qThey don't! That's why SMR is continuously out of touch on a lot of issues. JEB. >>


    actually it is all of you who are out of touch with the smr.
    the editor,joe orlando welcomes and encourages bid histories be reported via
    email and THEN the smr will more accurately update the values realized.
    once again,the smr is a tool and it is what we put into it.
    Money is your ticket to freedom.
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭


    << <i>[qThey don't! That's why SMR is continuously out of touch on a lot of issues. JEB. >>


    actually it is all of you who are out of touch with the smr.
    the editor,joe orlando welcomes and encourages bid histories be reported via
    email and THEN the smr will more accurately update the values realized.
    once again,the smr is a tool and it is what we put into it. >>



    Paul -

    I will take some exception to that. I have been reporting 1955 Bowman baseball PSA 9 MINT prices realized to Joe Orlando for the better part of three years - encompassing analysis of approximately 1/3 of all the PSA 9s ever graded, from both public and private transactions - and Ebay prices realized on 9s today are still 2 - 3x SMR. I'm not saying he doesn't listen - because some prices do change. But so much has changed that is not reflected - and may never be reflected, as all those 9s now seem to be in 2-4 major private collections.

    ~ms
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • VarghaVargha Posts: 2,392 ✭✭
    actually it is all of you who are out of touch with the smr.
    the editor,joe orlando welcomes and encourages bid histories be reported via
    email and THEN the smr will more accurately update the values realized.
    once again,the smr is a tool and it is what we put into it.


    image
  • pcpc Posts: 743
    Mark
    keep reporting and he'll keep updating.
    i promise!
    Money is your ticket to freedom.
  • I realize that SMR is only a guide and a tool used by us to establish values, set prices, and budgeting our purchases. I just feel that sometimes buyers and sellers rely too much on SMR values when in reality they do not truly reflect the marketplace.
  • I think you are all missing a very big point. Of the 28 (?) that are graded PSA 8, how many are:

    1) Resubmissions for a multiple number of times?

    2) perfectly centered?

    Last year I sold my Agganis for $400 to a fellow collector doing a 55 set. It was centered 55-45 all ways. If it had been centered better, price would have reflected that.

    3) have a clean back?

    I think an auction is the perfect price guide and the SMR is only for shipping and insurance purposes when you get cards graded. If the SMR reflected the true value of cards, then you would stop having cards graded through the mail.
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