SMR book value and price realized

1mouzon

I'm new to collecting PSA graded cards. I am currently working on Reggie Jackson Basic#5/Master#2, 1979 Topps (only 1 card) and Jose Canseco Basic sets.

SMR lists the 1970 Topps Jackson @ $1300, yet the last one on EBay sold for about $975, and I was able to pick one up offline for $915. So then, today I was planning on bidding on this 1973 Topps Jackson PSA 9, which books for $275 and sold for $402.33...once bidding reach full book I didn't bid.

Can anyone help explain why this happens, is the 1973 Topps very popular right now or something?

Thanks

perkdog

The SMR is a joke. Plain and simple.

WinPitcher

Ever hear of the old saying "buy it from the book"?

As of late cards that "book" for 90.00 (in the set I collect) are selling for 3 and 4 times that amount on ebay.

Some sell for less then SMR, some sell above it. Like in the old days price guides were and are just that guides.




Steve

ArnyVee

That's the 'ol supply and demand thing....gotta love it if you own it!

TripleCrown

I've kind of wondered this myself as I've seen cards selling for much more than their book values.
Since I don't really do "sets" I was kind of curious if it was one of those "I'll pay anything for this card to add to, or complete my set" things?
Then I wondered if it was more of a "low population" kind of thing, where sharks (or those with lots of disposable income) just throw tons at it just to have it for high priced re-sale?

julen23

endless wants & needs and limited, scarce resources.



Julen

Golfcollector

and unfortunately for the whole world, beckett started the term "what does that card book at"

Too many get caught up in "book value"

just my $.02

liffeystynx

SMR? Nice pictures, interesting articles (sometimes).

But as far as bidding on cards? Take a bit of time, log what the card is actually selling for on eBay and base your bids on that.

Then when you come across a card that doesn't appear very often, you can splash out on that.

That's my $0.02 (book value $0.10)

Jonathan

WC

I'm a little more than skeptical when High Grade (8+) cards from the 70s and 80s sell for such a huge premium. I am suspicious that the volume of cards produced by the manufacturers in the 70s and 80s will result in a lot more high grades than you might expect. Card collecting really took off in the late 70s and 80s.

Has anyone ever seen production numbers from Topps - that would be awesome information - how many total cards were produced each year in the 1950s vs the 1970s (and 80s)? I would have to guess that the 50s had much fewer total cards brought to market!

as always - buyer beware!

MorrellMan

The high price of the '73 Jax was as a result of two collectors (goody and geronimo) battling it out. 11th hour bidding, didn't look like snipes, that's an emotional variable that price guides can't and shouldn't factor into the values. That's actually why Dr. Beckett (PhD in statistical analysis) threw out the lows and highs of recent sales when trying to suss out values.