SMR ridiculous

jayrich

does anyone else find the SMR price guide to be GROSSLY incorrect? Today im writing specifically about the 1935 national chicle high number cards.
The SMR says that #27 Bull Tosi is worth $135 when its graded a 4. heres a link to an auction that ended this weekend, where #27 bull tosi gaded PSA 4 sold for $1400.

http://www.milehighcardco.com/LotDetail.aspx?lotid=21359&searchby=0&searchvalue=None&page=0&sortby=0&displayby=0&lotsperpage=ALL&category=1&seo=1935-National-Chicle-#27-Bull-Tosi-PSA-4-VG/EX

another Tosi graded 4 sold on ebay earlier this year for $1200.

in this case, were talking about being well over 1000 dollars off for the price guide. if you do a quick search on ebay all of the high number chicles are selling for hundreds of dollars more then they are listing for in the SMR, especially in low to mid grade.

does anyone know why this is?

Southsider

Maybe because SMR is a guide, not an aggregation of actual market data.

Personally, I've been tracking auction results on the cards I'm interested in for the past 8-10 years. I know the ranges that cards I collect go for and can see the trends up or down. I wouldn't even know SMR prices on 95% of my collection.

That said, if I suddenly found myself looking to buy a card I've never tracked, then I'd probably see what SMR says the value is, then check past ebay sales and auction results. One of those sources alone wouldn't be enough for me to determine an accurate price.

mikeschmidt

SMR was rendered useless many years ago as a pricing guide. VCP has real-time data of actual transactions. Not perfect by any means -- it does not include certain auction houses...not all PSA 8s are alike, etc. -- but I would never ever use SMR as the basis for any buying or selling decision.

ThoseBackPages

Is this fair to say?

SMR is to PSA

as

Beckett is to BGS

MCMLVTopps

I echo mikeschmidt Big Time !!

dfr52

<< <i>Is this fair to say?

SMR is to PSA

as

Beckett is to BGS >>



Yes.