Name something about this hobby you'll never understand

[BBCgalaxee]

There's no shortage of crazy things in this hobby.

One of mine is what the psa registry does to collectors.

I totally understand the legendary cards bringing incredible prices, but commons and low population cards??

Hey congratulations on paying $5k for your 81 Kirk Gibson even though a psa 9 is $40 and un graded is a buck. Now you're the only one who has a gem mint version!....until word gets out and next thing you know, there's ten and it's worth no where near $5k

 

[magicpapa]

What we see depends mainly on what we look for

 

[Enfuego79]

What I won't and refuse to understand is how collectors heavily rely on "eBay" as the primary reference for the value of a card...whatever happened to the price guides? I got it, they are not always 100%, but they are being produced for a reason right?

 

[Brewer Andy]

What I won't and refuse to understand is how collectors heavily rely on "eBay" as the primary reference for the value of a card...whatever happened to the price guides? I got it, they are not always 100%, but they are being produced for a reason right?

No. Unless you count "making up arbitrary values by pulling them out of our rears and selling them to the uninformed who are somehow still willing to pay us cash based on a reputation we carefully constructed 30 years ago" a reason

 

[Enfuego79]

I guess I'm just simple minded. IMO, a cards value is solely based on what someone is willing to pay...

 

[gracecollector]

What I won't and refuse to understand is how collectors heavily rely on "eBay" as the primary reference for the value of a card...whatever happened to the price guides? I got it, they are not always 100%, but they are being produced for a reason right?

What I don't understand is how some people still refer to book value or pull out their Beckett to determine value of a card, when said magazines are at least a month out of date before hitting newsstands, and books are 6 months or more behind the times. eBay completed auctions offer a more current valuation, and reflect real-world sales. Much of Beckett value is just determined by a multiplier based on print run, and not at all in tune with reality.

 

[gracecollector]

I guess I'm just simple minded. IMO, a cards value is solely based on what someone is willing to pay...

Well, that and guide value are to very different things. Doesn't eBay completed auctions do a much better job of showing what someone is willing to pay?

 

[Enfuego79]

What I don't understand is how some people still refer to book value or pull out their Beckett to determine value of a card, when said magazines are at least a month out of date before hitting newsstands, and books are 6 months or more behind the times. eBay completed auctions offer a more current valuation, and reflect real-world sales. Much of Beckett value is just determined by a multiplier based on print run, and not at all in tune with reality.

eBay is too inconsistent for me. Again, if there were 2 Jeter SP RC on eBay, 1 is a PSA 9 for $500 (example) and a PSA 7 for $250, yet you find a Raw card just as good as the PSA 7 for $450, it just mind boggles me

 

[Enfuego79]

Well, that and guide value are to very different things. Doesn't eBay completed auctions do a much better job of showing what someone is willing to pay?

I agree with your point, but I do not have a warm fuzzy as to what the sellers on eBay "advertise"

 

[Nate Colbert 17]

The "guides" from Beckett and PSA can be useful tools, but you need to do so n e math afterwards.

"Guide" price x .3 = a better price and a more reasonable reflection of value.

 

[RStadlerASU22]

I guess I'm just simple minded. IMO, a cards value is solely based on what someone is willing to pay...

Then why would you refer to a printed guide vs actual sales?


Anyway , yes to BBC , if your paying 25-50-100 multiples on a card compared to the grade below it, that's very risky. And when it's not vintage, iconic, or very low print run(25 or less) then even more so.

Ryan

 

[Enfuego79]

I refer to a book due to the fact that the "value" is not all over the place as an auction on eBay would be...

 

[predatorkj]

I refer to a book due to the fact that the "value" is not all over the place as an auction on eBay would be...

eBay is not always good due to the fact that player collectors can really skew the price of an item. And it'll go for nowhere near what the rest of the world is willing to pay. Just what a handful of people are willing to pay. So if two or three people pay xxxx amount for a card, is the card worth that amount. The answer is no...

 

[Enfuego79]

eBay is not always good due to the fact that player collectors can really skew the price of an item. And it'll go for nowhere near what the rest of the world is willing to pay. Just what a handful of people are willing to pay. So if two or three people pay xxxx amount for a card, is the card worth that amount. The answer is no...

 

[predatorkj]

Crap! Forgot to answer the question...


I will never understand prospect card prices. Ever.

 

[Brewer Andy]

eBay is not always good due to the fact that player collectors can really skew the price of an item. And it'll go for nowhere near what the rest of the world is willing to pay. Just what a handful of people are willing to pay. So if two or three people pay xxxx amount for a card, is the card worth that amount. The answer is no...

True, but that also demonstrates that values are too volatile for an archaic print magazine to determine either. Especially one that can't be accurate on the less volatile cards. There are just too many cards produced that it can't be monitored or tracked a better way

 

[Enfuego79]

Crap! Forgot to answer the question...


I will never understand prospect card prices. Ever.

+1

 

[Kennesawsportscards]

I guess I'm just simple minded. IMO, a cards value is solely based on what someone is willing to pay...

Exactly... And some people are only willing to pay according to Ebay, some according to a published price in price guide, and others according to their particular need. I use many different variables in regard to buying and selling. What gets me is when a person uses a particular selling source as their only source for buying and selling.

Example: " Beckett Says"
'' It goes for on Ebay"
" The last one sold on ebay for"
" I pay no more than X percent of Beckett"

It is good to know a variety of sources, however one is not an end all be all.

 

[Hawk8]

eBay is not always good due to the fact that player collectors can really skew the price of an item. And it'll go for nowhere near what the rest of the world is willing to pay. Just what a handful of people are willing to pay. So if two or three people pay xxxx amount for a card, is the card worth that amount. The answer is no...

So you are saying that my Andre Dawson cards are not worth what I am willing to pay for them lol

 

[Enfuego79]

Exactly... And some people are only willing to pay according to Ebay, some according to a published price in price guide, and others according to their particular need. I use many different variables in regard to buying and selling. What gets me is when a person uses a particular selling source as their only source for buying and selling.

Example: " Beckett Says"
'' It goes for on Ebay"
" The last one sold on ebay for"
" I pay no more than X percent of Beckett"

It is good to know a variety of sources, however one is not an end all be all.

I Try and find an "even" ground between all as well