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SMR $850.00; Bid $1025.00 and Still Lost

JackWESQJackWESQ Posts: 2,133 ✭✭✭
in Trading Cards & Memorabilia Forum
I realize SMR is only a guide, but I really thought I would win the auction. SMR was $850.00. I bid $1025.00 and still lost. Argh!

/s/ JackWESQ

P.S. It would probably only add to my frustration, but I wish I could find out what the winning bidder's proxy bid was. But I guess it is similar to the Bar Exam (where you get a nice letter simply stating that you passed or failed), e.g. Do you really want to know that you just barely passed? Or in this case, do I really want to know that his proxy bid was $1.00 higher than mine?
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Comments

  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    Don't listen to SMR.

    There are many times it is off by a factor of 100%, 200%, 300% or more.

    If you want more relevant pricing data, I would suggest subscribing to one of the online pricing services. I am very happy with VCP
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • ElectricPruneElectricPrune Posts: 376 ✭
    Don't feel too bad. I lost a bid last night bidding 586% over SMR. Vintage low pops have this happen every once in a while. I've seen one on EBay go for over 14 times SMR.
    #10 PSA Set for Topps Baseball currently on eBay under seller deeppurple1.
  • MorgothMorgoth Posts: 3,950 ✭✭✭
    If it is a low pop you might be better off letting more become graded effectively bringing prices down. If it was something undervalued just rising in price (prewar stuff, Aaron RCs) then you might have to bid more aggressively.
    Currently completing the following registry sets: Cardinal HOF's, 1961 Pittsburgh Pirates Team, 1972 Pittsburgh Pirates Team, 1980 Pittsburgh Pirates Team, Bill Mazeroski Master & Basic Sets, Roberto Clemente Master & Basic Sets, Willie Stargell Master & Basic Sets and Terry Bradshaw Basic Set
  • rube26105rube26105 Posts: 10,225 ✭✭
    i know the feeling 50 bowman fbjim white #140 smr psa8 is 80$ lol, they always go for 900.00 up, last i saw went for 911., psa 7 went for 350 something, theyare so far off its not even worth looking at except for a good laugh
    randy
  • 41GoudeyGuy41GoudeyGuy Posts: 565 ✭
    I assume you are talking about the 1933 Goudey Hack Wilson PSA 7 that closed last night. I am fairly certain that your high bid was dominated by the winning bidder. If you check this bidder's history he has bought over $60k worth of 1933 Goudey's THIS MONTH alone. You never had a chance. He buys everything from $13,500 PSA 9 Carl Hubbel cards to $5 Nap Lajoie reprints. Once this buying spree gets finished you will have a better chance.

    Learn some history of the game. Join a vintage base ball team in your area and get out there.
    Simsbury Taverneers
    My PSA Sets
  • MorgothMorgoth Posts: 3,950 ✭✭✭
    On the issue of SMR, If I buy a card I know I might flip later I try and stay in the SMR range due to dealers using it for all of their pricing.
    Currently completing the following registry sets: Cardinal HOF's, 1961 Pittsburgh Pirates Team, 1972 Pittsburgh Pirates Team, 1980 Pittsburgh Pirates Team, Bill Mazeroski Master & Basic Sets, Roberto Clemente Master & Basic Sets, Willie Stargell Master & Basic Sets and Terry Bradshaw Basic Set
  • JackWESQJackWESQ Posts: 2,133 ✭✭✭
    Yup. It was the Hack Wilson. My "records" showed that the last PSA 7 sold for $1052.00. So I figured $1025.00 was a respectable bid. But yes, $1100? $1200? $1500. All probably no good he probably said, "hey a Hack Wilson PSA 7. What's? SMR. Oh? $850.00. I'll toss in a proxy of ... hmmm ... $2000. Who in their right mind would top that?"

    /s/ JackWESQ
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