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SMR STATEMENT: The price is very volatile since this is a low population item.

tarheelsnipetarheelsnipe Posts: 93
in Trading Cards & Memorabilia Forum
I just finished my 4th 88-89 Fleer Basketball set. In the process I've looked up SMR values on some of the cards. I noticed at the bottom of the set, there is a statement:

The price is very volatile since this is a low population item.

Can some of you senior board member clue me in on this? I'm guessing it means that PSA hasn't recieved a lot of these cards to get what they consider a fair market value for the card, but the pop report lists over 36,000 submissions. By comparison, the 1987 set lists only 21,000 submissions. Am I off base here?

Comments

  • lsutigers1973lsutigers1973 Posts: 11,093 ✭
    I think that is the SMR's way of saying we have no clue what the card is really worth.
  • hockeyguyhockeyguy Posts: 312
    it means, be prepared to grab your ankles
  • VitoCo1972VitoCo1972 Posts: 6,135 ✭✭✭
    Yes, I can see how 60,717 cards graded in a set of 132 would be considered low pop image
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  • CDsNutsCDsNuts Posts: 10,092 ✭
    SMR STATEMENT: "We have not updated our pricing for 80s basketball in 8 years."
  • VitoCo1972VitoCo1972 Posts: 6,135 ✭✭✭


    << <i>Yes, I can see how 60,717 cards graded in a set of 132 would be considered low pop image >>



    Just to add - that would be (if every copy had equal amount graded) 459 complete sets - yes, really low pop.

    And compare that to 80-81 Topps where there are 17,536 graded and it DOESN'T say anything about random low-pops in SMR
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  • itzagoneritzagoner Posts: 8,753 ✭✭
    i think they are refering to the Jordan sticker.
  • GoDodgersFanGoDodgersFan Posts: 1,392 ✭✭✭
    PSA has no incentive to update prices in the SMR. They really should just put it out once every 2 or
    3 months and have better hobby news and articles when they are out.
  • aro13aro13 Posts: 1,961 ✭✭✭
    That statement is referring to the 88-89 Fleer Jordan sticker as itzagoner said.
  • tarheelsnipetarheelsnipe Posts: 93


    << <i>That statement is referring to the 88-89 Fleer Jordan sticker as itzagoner said. >>



    Still doesn't make sense to me. The comment is listed under both the regular set and the sticker set. I don't think they'd put the comment under the regular set if they're talking about the MJ sticker. SMR separates the base and sticker set on different pages.

    I do agree about not updating prices. The #17 MJ is listed at $45 for a PSA 9. I can buy them on Ebay for $30. Don't know what VCP lists it at, but the completed listings page shows a large disparity in pricing for cards in this set compared to SMR. I've seen other threads where this is the case also. Needless to say, I don't put much stock in their "price guide", but the articles make great bathroom reading.
  • slantycouchslantycouch Posts: 1,704 ✭✭✭


    << <i>PSA has no incentive to update prices in the SMR. They really should just put it out once every 2 or
    3 months and have better hobby news and articles when they are out. >>



    I agree 100%.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I'm sorry this happened to you.


    Steve
    Good for you.
  • dizzledizzle Posts: 1,051 ✭✭
    There's a few of the regular issue cards that are tough and low pop as well.. One that comes to mind is Clyde Drexler #92 in PSA 10 I have never seen this card for sale... Has anybody ever seen one pop up? and if so does anyone recall what it went for?
  • BobbyVCPBobbyVCP Posts: 755 ✭
    No 10's for Drex have sold according to VCP, plenty of 9's with an average of $3.83
  • dizzledizzle Posts: 1,051 ✭✭


    << <i>No 10's for Drex have sold according to VCP, plenty of 9's with an average of $3.83 >>



    Yeah, I've been tracking sales for this set in PSA 10 and BGS 9.5 for 3 years now and I've never seen a clyde drexler in PSA 10 pop up.. There has only been 5 graded gem mint by PSA if this cards popped up on ebay It would fetch some good coin as many need it for there sets.. What makes it such a tough one is severe printing flaws.
  • tarheelsnipetarheelsnipe Posts: 93
    I guess without defining "low population" using objective data, their statement means nothing. I've never heard that this set had a short print run or anything. Weird. Are there any moderators here that work for PSA that can get some clarification?

    Bobby,
    Thanks for the VCP info. I thought the goal of the SMR was to show average selling prices, but they seem to be more in line with premium prices. Anybody know their resources for pricing? It makes me wonder about the editor's note a couple months ago when the writer talked about the strength of the hobby not being affected by the world market. They can't get SMR prices right, so how can they evaluate its performance against Wall Street?

    Thanks again to replies.
  • CDsNutsCDsNuts Posts: 10,092 ✭
    SMR is awful.
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