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How Exactly is VCP Average Calculated?

BRDSRBRDSR Posts: 94
in Trading Cards & Memorabilia Forum
Couldn't find the answer to this anywhere in the forums or elsewhere. I'm sure I could figure it out with a little trial and error, but thought someone here might be able to enlighten me so I don't have to go through the trouble.

Thanks much.

Brad

Comments

  • jimradjimrad Posts: 2,777 ✭✭✭
    You take the price the card sold for on ebay multiply it by the amount of times the card has been listed subtract the card # then divide that number by the year the player was born. Then add the number of different treams the player played for and multiply by 3.
    Then if this is greater than 100 divide by how many years the player was active and multiply by .4675.

    This should get you the VCP average. ( very crazy price )
    Positive transactions with: Bkritz,Bosox1976,Brick,captainthreeputt,cpettimd,craigger,cwazzy,DES1984,Dboneesq,daddymc,Downtown1974,EAsports,EagleEyeKid,fattymacs,gameusedhoop,godblessUSA,goose3,KatsCards,mike22y2k,
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  • JHS5120JHS5120 Posts: 1,968 ✭✭✭


    << <i>You take the price the card sold for on ebay multiply it by the amount of times the card has been listed subtract the card # then divide that number by the year the player was born. Then add the number of different treams the player played for and multiply by 3.
    Then if this is greater than 100 divide by how many years the player was active and multiply by .4675.

    This should get you the VCP average. ( very crazy price ) >>




    ACTUALLY it is .46748

    You must've rounded up image
    My eBay Store =)

    "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." Dr. Seuss
  • otwcardsotwcards Posts: 5,291 ✭✭✭
    It is the average sales price of the card in the given grade over the past year. Sales are taken from eBay auctions and some fixed price eBay sales. A few other non-eBay auction house results are also used. The values are not entirely accurate as they do not account for private sales, some fixed eBay sales and many of the major auction houses that no longer allow VCP to access their data.
  • BRDSRBRDSR Posts: 94


    << <i>It is the average sales price of the card in the given grade over the past year. Sales are taken from eBay auctions and some fixed price eBay sales. A few other non-eBay auction house results are also used. The values are not entirely accurate as they do not account for private sales, some fixed eBay sales and many of the major auction houses that no longer allow VCP to access their data. >>



    Thank you. It was primarily the past year part that I wasn't entirely sure of.

    To the previous posters: image and image
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    What Scott said and IIRC they in some cases disallow the highest sale and the lowest sale.


    Steve
    Good for you.
  • otwcardsotwcards Posts: 5,291 ✭✭✭


    << <i>they disallow the highest sale and the lowest sale.


    Steve >>



    Sorry Steve, that's Olympic Skating...
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Scott

    Are you being serious?

    Bobby VCP has always stated that in some cases they don't use the highest sale and the lowest sale.

    Maybe I dreamed it I suppose.


    Steve
    Good for you.
  • DboneesqDboneesq Posts: 18,219 ✭✭


    << <i>Scott
    Are you being serious?
    Bobby VCP has always stated that in some cases they don't use the highest sale and the lowest sale.
    Maybe I dreamed it I suppose.
    Steve >>



    I believe you are right Steve ... hay, you can't believe a guy from New Joisey, can ya? (That being said from a New Yawka!)
    STAY HEALTHY!

    Doug

    Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
  • BobbyVCPBobbyVCP Posts: 755 ✭
    The average pricing is simple it is based of sales for the past year. If there are 5 records then the high and low are tossed and the middle 3 are averaged out. As you get into larger amounts of sales of say more then 10 in a year then the high 3 and low 3 of the last 10 are tossed and the middle 4 are averaged. Now if there are no sales in the past year then the last one sold is the value.
  • jeff8877jeff8877 Posts: 1,164 ✭✭✭
    Bobby,

    Thanks for the info on average pricing. I have always had the same question and wondered why it is not part of your faq's on the website? From your example of 10 or more cards selling in a year, I think it is very interesting that you throw out 60% of the sales and only use 40% to come up with the average price...what led you guys to this approach?

    Thanks Much

    Jeff
  • BobbyVCPBobbyVCP Posts: 755 ✭
    We don't throw it away all the high and low prices are still there for you to see and compare.
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