SMR price increases meaningless again...

goudeygold

While I believe (my main set) the 38 Goudeys are undervalued in the SMR for virtually all the HOFs except DiMaggio, SMR just raised all the values for PSA 9s on 45/48 cards in the set. What is really weird, is there are only 16 9s in existance and that only covers 11 different cards. So due to their research the prices are rising for 34 "non-existant" cards. All this, and I still haven't seen a single PSA 9 come up for sale on ebay or any auction house, or in person at shows in over 2 years. (The POP report for 8s and 9s hasn't increased in the past 2 years either.)

So bizarre...

GG

Mac53

GG-have you ever asked them on what they base that increase? I can only guess that they base it on prices for lower grades, and higher grades of some similar cards. It would be interesting to know how they come up with it, though.

mikeschmidt

GG:

I somewhat disagree with your assessment. My specialist is 1955 Bowman - and I have collected and studied the set for over 8 years now. Nearly half of the cards have never received a PSA 9 or better grade - but I nonetheless could predict with a strong degree of accuracy the final prices on any new 1/1 PSA 9 common or star cards from the set that were graded. In any specific example, there might be variances - but in the aggregate, I would be pretty much dead on, and I would be able to predict, too, to a high degree of accuracy who would win what, when and for how much. If you know all of the main players in a particular set, you know the pricing structure of the set and have a good amount of historic data - you can predict with a pretty good degree of accuracy where certain cards would end up when they do get graded 9, if ever.

That being said -- in general, SMR does not seem to be a very good guide in general for most vintage prices.

~ms

sagard

Asking SMR to be accurate on such small sample sizes as PSA 9 pre-war cards is a stretch.

The guide would be well served to try to make the PSA 6-8 grades accurate for the 50s-60s. Maybe PSA 7-9 for late 60s-70s.

Boopotts

SMR is off more often then it's on-- that's no secret. However, I think it's unfair to load too much grief on PSA. For one thing, Ebay is not the end all be all for card prices (Goudey, I know this doesn't apply to your intial post. I'm just making a general statement about the SMR). You've got dealers selling cards at shows, private transactions taking place, etc. etc. Second, it just wouldn't be cost-effective to make a decent price guide. When you consider the man hours that would go into something like that it's clear that it just can't be done by a for-profit enterprise.

These disclaimers out of the way, they could stand to keep their ear to the rail a little more often. And I agree with Goudey in that these phantom price increases can be irritating.

Glynparson

Almost all of the prewar prices in smr are way off i will pay a minimum of 135% of SMR for T3s and some times 2-3x the guide.

Golfcollector

I agree the SMR is just a guide. It is on the money within 10-15% on vintage golf cards about half of the time.

The sport kings golfers, however could basically double the SMR values and you still would be high enough