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WHY ARE CARDS SELLING WAY BELOW SMR?

judgebuckjudgebuck Posts: 1,007 ✭✭✭
in Trading Cards & Memorabilia Forum
I'm seeing: 1) a lot of sports cards selling way below their SMR estimated value, and 2) fewer auction listings for the more expensive cards like PSA 4s, 5s, or 6s of Ruth, Gehrig, Cobb, DiMaggio, etc. Why? The economy?

Always looking for Mantle cards such as Stahl Meyer, 1954 Dan Dee, 1959 Bazooka, 1960 Post, 1952 Star Cal Decal, 1952 Tip Top Bread Labels, 1953-54 Briggs Meat, and other Topps, Bowman, and oddball Mantles.

Comments

  • lsutigers1973lsutigers1973 Posts: 11,093 ✭
    Die dead horse! Die!
  • TheVonTheVon Posts: 2,725 ✭
    image
  • StopYurWhiningStopYurWhining Posts: 719
    i blew all money money on hookers and booze. no $$ for cards these days.
  • judgebuckjudgebuck Posts: 1,007 ✭✭✭
    Sorry, guys, for bringing this up. Guess you can tell that I don't stay on the board often.

    Always looking for Mantle cards such as Stahl Meyer, 1954 Dan Dee, 1959 Bazooka, 1960 Post, 1952 Star Cal Decal, 1952 Tip Top Bread Labels, 1953-54 Briggs Meat, and other Topps, Bowman, and oddball Mantles.

  • storm888storm888 Posts: 11,701 ✭✭✭
    Economy bad.

    CASH good.

    Bad time to sell cards.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • swartz1swartz1 Posts: 4,911 ✭✭✭
    no need to apologize...


    Looking for 1970 MLB Photostamps
    - uncut


    Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
  • rube26105rube26105 Posts: 10,225 ✭✭



    <i blew all money money on hookers and booze >

    you too????????????????image
  • MBMiller25MBMiller25 Posts: 6,057 ✭✭
    I would disagree making a blanket statement that cards are selling well below SMR. High Grade cards are selling WELL above SMR and VCP averages and in some cases, setting VCP high's for the grade. Off the top of my head over the last ten days:

    1. 1969 Reggie Jackson PSA 8 sold for $888
    2. 1959 Bob Gibson PSA 8 sold for $902.53
    3. 1967 Tom Seaver PSA 8.5 sold for $1550.00
    4. 1954 Ernie Banks PSA 8 sold for $2411.56

    I would say that the high end vintage market is in very good shape or maybe its just the cards I am trying to acquire are going for a premium.
  • judgebuckjudgebuck Posts: 1,007 ✭✭✭
    You know, I do agree with you that my blanket statement that all cards are selling below their SMR estimated value is not 100% accurate. I do see many nice cards go for over their book value. But, I see many more, especially less than $100 vintage cards go below book. For example, I've been looking at 1961 Topps baseball minor HOFers like Gibson, Drysdale, Mathews, Musial, Banks, etc., in PSA 7, and they have been selling for less, and considerably less in some instances, than book value. As for the higher dollar vintage cards, it just seems like I don't see as many quality cards, such as 1933 Goudey Ruth #53 or #149 or T206 Cobb green listed for auction in PSA 4, 5, or 6, as I did several months ago. Many nice cards like these are now listed, it seems, with Buy It Now and not straight out auction.

    Always looking for Mantle cards such as Stahl Meyer, 1954 Dan Dee, 1959 Bazooka, 1960 Post, 1952 Star Cal Decal, 1952 Tip Top Bread Labels, 1953-54 Briggs Meat, and other Topps, Bowman, and oddball Mantles.

  • judgebuckjudgebuck Posts: 1,007 ✭✭✭
    I might add that the cards you mentioned as going above book were PSA 8. The PSA 7's and 6's and 5's seem to go below book many times. Thanks for your thoughts.

    Always looking for Mantle cards such as Stahl Meyer, 1954 Dan Dee, 1959 Bazooka, 1960 Post, 1952 Star Cal Decal, 1952 Tip Top Bread Labels, 1953-54 Briggs Meat, and other Topps, Bowman, and oddball Mantles.

  • lsutigers1973lsutigers1973 Posts: 11,093 ✭
    I would have to assume that the MSLive cashback has had a significant impact on the realized prices of some higher end graded cards.
  • MBMiller25MBMiller25 Posts: 6,057 ✭✭
    I would agree with you Bill, but the 4 auctions I stated were all straight up auctions, with NO BIN.
  • SidePocketSidePocket Posts: 2,901 ✭✭✭
    I WISH they were going for way below SMR

    "Molon Labe"

  • lsutigers1973lsutigers1973 Posts: 11,093 ✭
    It's either Boopotts or Obamas fault.
  • GriffinsGriffins Posts: 6,076 ✭✭✭
    SMR is antiquated and not based on any reality. VCP value is the product of realized sales.
    Suggest you throw out SMR and stop letting it mislead you.

    Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's

  • SidePocketSidePocket Posts: 2,901 ✭✭✭
    "It's either Boopotts or Obamas fault. "


    LSU you are too funny -

    hey, you're probably right!

    "Molon Labe"

  • rube26105rube26105 Posts: 10,225 ✭✭
    i like it image
  • fur72fur72 Posts: 2,348 ✭✭
    Its is a buyers market. I am slowly but surely putting together a set I though I would never be able to go after. Of course when I lose my job ill have plenty of time to look at them.....
    Cory @iamfur72 https://twitter.com/iamfur72

    My Sandberg topps basic set
    My Sandberg Topps Master set
    image
  • alnavmanalnavman Posts: 4,129 ✭✭✭


    << <i>Its is a buyers market. I am slowly but surely putting together a set I though I would never be able to go after. Of course when I lose my job ill have plenty of time to look at them..... >>



    I agree...in fact I'm retired and have been admiring my cards...however I had to find a part time job so I could list some items on ebay...couldn't afford the listing fees and buyer premiums anymore
  • TheHunTheHun Posts: 1,690


    << <i>

    << <i>Its is a buyers market. I am slowly but surely putting together a set I though I would never be able to go after. Of course when I lose my job ill have plenty of time to look at them..... >>



    I agree...in fact I'm retired and have been admiring my cards...however I had to find a part time job so I could list some items on ebay...couldn't afford the listing fees and buyer premiums anymore >>



    now THAT'S funny .... oh wait ... you aren't kidding ... its not so funny .... oh well - I'm off to job number 3. (handing out flyers for ebay at 10 cents a flyer)
  • RedHeart54RedHeart54 Posts: 2,282 ✭✭✭
    On the other hand these 1969 Lou Brock PSA 8s sold well below the $700-$1000 they usually bring (the higher figure for well centered copies.)

    This one was really nicely centered.
    Brock 1


    This isn't bad but it's a little toward the top and there might be a slight tilt.
    Brock 2
  • SDavidSDavid Posts: 1,584 ✭✭
    High grade 69 Brock's are like low pop commons - their value is expected to drop steadily as the pops increase. This is why people shouldn't pay huge premiums for low pop post-war cards unless they can afford to lose most of what they spend.


  • diamondmandiamondman Posts: 2,020
    I think the economy is part of the reason, I think a small part is due to VCP prices realized. because everyone wants the card cheaper than what the last person got it for, not taking into consideration the centering color, ect ect. PSA is part of the problem too because of the new grading system of 1/2 point grades. Ebay is also part of the problem with higher fees, where your item is listed based upon your DSR, ect ect. SO in Ending I blame everyone except myself, the booze and the Hookers.
  • rube26105rube26105 Posts: 10,225 ✭✭
    <SO in Ending I blame everyone except myself, the booze and the Hookers. >


    image
  • DeutscherGeistDeutscherGeist Posts: 2,990 ✭✭✭✭
    What is VCP?
    "So many of our DREAMS at first seem impossible, then they seem improbable, and then, when we SUMMON THE WILL they soon become INEVITABLE "- Christopher Reeve

    BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
  • judgebuckjudgebuck Posts: 1,007 ✭✭✭
    Yeah, what is VCP? I'm not familiar with it either.

    judgebuck

    Always looking for Mantle cards such as Stahl Meyer, 1954 Dan Dee, 1959 Bazooka, 1960 Post, 1952 Star Cal Decal, 1952 Tip Top Bread Labels, 1953-54 Briggs Meat, and other Topps, Bowman, and oddball Mantles.

  • PoppaJPoppaJ Posts: 2,818 ✭
    VCP
  • rube26105rube26105 Posts: 10,225 ✭✭
    <WHY ARE CARDS SELLING WAY BELOW SMR>
    no gumimage
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