T.R | Title | User | Personal Name | Date | Lines |
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594.1 | Surveys | PENUTS::JST_ONGE | John St.Onge USDSL DTN 275-2715 | Wed Oct 13 1993 08:36 | 35 |
| I believe Beckett's prices are based on surveys. This is why you get the high
and low prices. The high prices probably come in from dealers and investors
the low prices probably come in from the collectors ;-) It's like one guy who
sent in a letter said - "Why would anyone send in lower prices since it's
going to bring down their investment or cause them to lower their prices".
Probably most dealers and collectors feel the 1963 set price has remained the
same while some of the cards in it have fluctuated in price. I'm sure if Pete
Rose makes the Hall of Fame it will go up even more than an annual increase
due to aging one more year. As far as Stargell goes, the interest probably
isn't there anymore.
I think most of the older sets, pre-1970 anyway have probably peaked and will
not see the massive value increases that were experienced in the mid-80's. I
think this is due to players in these sets have cycled out of baseball and no
longer may make the Hall of Fame. If any sets get big increases it will be
late 60's and early 70's sets now because they include many players who are
still around and many players who may make the Hall of Fame.
Another reason they've probably peaked is that who can really afford them
any longer. Not your average collector anyway and most kids have no interest
in the older cards and probably less and less in the game of baseball itself.
I think the investors are no longer there either because the growth has flat-
tened out.
Occasionally you hear about someone getting back into collecting, but not as
much before when baseball cards received big press on their values and in-
vestment potential. People probably pulled old cards out of the closet, rea-
lized they were close to completing some set and went off trying to complete
it when prices weren't too bad. Now you may be looking at spending a 1000$
trying to complete something if you're missing the wrong cards. Common sense
says who wants to spend 1000$ on a piece of cardboard.
John
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594.2 | yes, I agree, but my real question was... | RIPPLE::KOPEC_ST | Squash:Racketball::Chess:Checkers | Wed Oct 13 1993 12:06 | 22 |
| thanks for the note John. I agree with your reasoning on peaking
values, but my question was not concerned so much with that.
It just amazed me, being an old mathematician, that 25-40 different
cards within a set can bounce up or down $.25-$20.00, sometimes
affecting ONLY the high end price or ONLY the low end price; sometime
affecting as many as 100 cards (e.g. when Common Players 1-109
increase by a quarter to 50 cts); Stargell dropping $25; Freehan RC up
$5; etc... etc...
...but yet, over the last 3 months the Complete Set price hasn't budged
a penny, up or down!
Clearly, I am making an assumption here, that if I took out my trusty
calculator or spreadsheet and added up each individual card's worth,
that the totals would be the same as the overall $3600/$5400. Maybe
that's a bad assumption - perhaps the sum of the parts is not equal to the
whole?
When I have a free 1/2 hour, I'll have to check that out.
Stan
|
594.3 | | SEND::TANCILL | Sponsered by nobody | Wed Oct 13 1993 12:51 | 14 |
|
You'll find the individual cards in a set will almost always
add up to more than the complete set price, sometimes alot
more (at least using Beckett as your guide). When selling
a set as a whole there is usually a hefty discount to the
price of the individual cards. Beckett may not change the
set price for 3 months because it knows of none that sold,
nobody reported a set moving so the price don't change.
Just guessing, but remember to keep repeating "It's only a guide,
it's only a guide..."
Jeff
|
594.4 | | PENUTS::JST_ONGE | John St.Onge USDSL DTN 275-2715 | Wed Oct 13 1993 13:15 | 6 |
| Jeff's right - the single card totals will always add up to a lot
more and like I said, since Beckett's is based on surveys no one
felt the complete set price has changed, only some of the regular
cards.
John
|
594.5 | | DRAGN::BOURQUARD | This is not here | Wed Oct 13 1993 13:22 | 9 |
| I think John had it right when he said that the input for Becketts comes
from people reporting transactions. The volume of single card sales should
be higher that the number of sets that are exchanged over a period of time.
I'm sure that Becketts determines the full set price from sales of full sets,
not from the summ of all the cards. During the past 3 months I wouldn't expect
there to be many sets of '63 Topps to have exchanged hands. That's why the
price has stayed the same.
Dan
|
594.6 | This is intresstinThis is intrestin stuff, eh | AKOCOA::MKELLY | | Wed Oct 13 1993 14:21 | 31 |
| All correct so far----Have any of you actually taken the time time to
fill in the survey. It also asks for transaction information ( how
many sets have you sold and for what price). Plus if you look at
other market data ( other BB rags and the larger shows you will
discover the "street price"
Let's keep this discussion going
The variables that we have are:
Beckett
Other baseball guides
Adds in for sale magazines like Sports Collectors Digest
Prices at shows
Dealer prices
Cumulative prices for all cards in the set
If we were to spreadsheet information for one set from each sport
for each 5 year period beginning with 1950 we might learn some
of the market dynamics.
Volunteers?
I'll research some of the sets-
Who else wats to volunteer to do other sets?
Spreadsheet?
Another thing to consider-Why will prices in Becketts baseball change over
the winter? Hockey in the summer?
Does Jim Beckett own any 92 Bowman Baseball?
Mike
|
594.7 | | ISLNDS::YANNEKIS | | Wed Oct 13 1993 14:26 | 11 |
|
> Does Jim Beckett own any 92 Bowman Baseball?
At this point I'm sure he owns whatever he wants .. and price probably
is not much of a consideration 8^).
Greg
PS - actually that's an interesting quesition ... I wonder what kind of
collector/incestor he is?
|
594.8 | | WMOIS::ZELENT_J | | Wed Oct 13 1993 14:41 | 7 |
|
RE: last note
How many different types of INCESTERS are there?
Joe
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594.9 | Price Fixing | PENUTS::JST_ONGE | John St.Onge USDSL DTN 275-2715 | Wed Oct 13 1993 20:57 | 28 |
| Mike, I take it your comment regarding Dr. Beckett owning 1992 Bowman
is in reference to the skyrocketing Bowman prices over the last few
months. In other words, he can "fix" prices if he wants on certain
products that he has interest or investment in. I'm sure that's pos-
sible, but I think it's unlikely. If that's true, he must own lots of
Topps Finest, 1993 OPC Baseball, 1992 Fleer Update Sets and anything
else that's got a hefty price on it. He must not own any UD SP be-
cause that came out pretty low.
Look at the SCD price guide and see who helps sets the prices. Other
dealers of course and who's not to say they don't inflate prices for
their own purposes. I'm sure dealers get together before shows and
discuss what should sell for what, check out each other's prices etc.
Sure Beckett's is a "guide", but there are many dealers who won't
even sell single cards until they're listed in Beckett's. Go to shows
and you'll always hear dealers quote Beckett's. Even in here people
will list Beckett's prices when they sell something. Beckett's has a
strong reputation. There would be a tremendous backlash if it turned
out that price fixing was involved.
As far as why do prices change for baseball in winter etc. it seems
like prices change every month and while I don't watch prices like a
hawk it seems usually prices go down for newer issues in the winter
and then pick up again as spring and summer roll around during the
season. More interest in baseball at that time.
John
|
594.10 | Take that Jim. | AKOCOA::MKELLY | | Thu Oct 14 1993 13:35 | 12 |
| Thanks John.
There has been a lot of rumor regarding 92 Bowman and Jim B. Last
month Bowman decided to get rid of the rest of it's stock and sold the
remaining boxes to it's employees for 5.00/box. Great move --- I
wonder how much was sold.
As far as prices changing in the winter for baseball - It seems
rediculous to me unless a guy is put in HOF or retires or gets
injured-He didn't get any more hits or pitch a shutout etc.
Why should I have to check prices on baseball from Oct-May?
Perhaps someone wants me to keep buying his magazine ---
Mike
|
594.11 | | ISLNDS::YANNEKIS | | Thu Oct 14 1993 13:52 | 18 |
|
> As far as prices changing in the winter for baseball - It seems
> rediculous to me unless a guy is put in HOF or retires or gets
> injured-He didn't get any more hits or pitch a shutout etc.
> Why should I have to check prices on baseball from Oct-May?
I'm a collector of old stuff ... I don't worry in the least about new
releases. My purchasing has little to do with what season it is. I
have my monthly budget and every month I decide what I want to spend
my money on. There probably is some correlation to "seasons" but I'm
creating demand for baseball, football, hockey, and basketball cards
throughtout the year. For example, the only thing I bought from May
through August was basketball cards from the 70s ... so maybe each
price went up $0.000001 because of the demand pull I created this
basketball "off-season".
Greg
|
594.12 | | PENUTS::JST_ONGE | John St.Onge USDSL DTN 275-2715 | Fri Oct 15 1993 07:17 | 12 |
| Well if Beckett's had a bunch of Bowman's maybe they sold it to Home
Shopping Club. Last night they had the 45 card gold foil set from
last year's Bowman for 140$ + S&H. Such a deal.
> Why should I have to check prices on baseball from Oct-May?
Because that's usually when prices seem to go down a little ;-) Af-
ter the season is over the stuff doesn't move as well so dealers
will lower prices to move some of their stuff. Let's face it, price
guides are out there mostly for the newer stuff.
John
|
594.13 | Sell baby sell | AKOCOA::MKELLY | | Fri Oct 15 1993 09:53 | 5 |
| re 11
Are Becketts sampling techniques that sensitive?
It seems to me that he has a real incentive to change prices in the off
season----so people will buy his guides.
|
594.14 | Here's a way to get a Mantle rookie! | DRAGN::BOURQUARD | This is not here | Fri Oct 15 1993 10:56 | 5 |
| Hey, let's try an experiment! Let's pick one card and each of us submit a
Becketts survey sheet on that card with a significantly lower price than
what's there today. Then we'll watch the book and see what happens! :-)
db
|
594.15 | No Way Guys! | WITNES::GASPARONI | | Fri Oct 15 1993 14:19 | 19 |
| Do you guys honestly believe that the survey you send in really gets
read?? Be realistic. They probably get thousands in every month. You
would need a full time staff to do an analysis of these. This is only
done for promotional purposes, the free subscription. What probably
really happens is that Dr. B. has selected knowledgable sports card
experts throughout the country, (ie. Mr. Mint) to evaluate HOT cards for this
particular month. Let face it, by the time they get your sheet in,
they have already printed the next months issue, so there is quite a
time lag on his pricing scheme. His editors are probably reading
newspapers, statistics of players, etc. and evaluating current prices
based on these stats, and input from the so-called experts. An example
of this was brought to my attention by an avid Roger Clemens Collector,
who has been tracking Roger's Fleer Rookie card, which took a NOSE-Dive
when he started having troubles at the end of the season. It dropped
about $20 to $50 off its all-time high price. Don't believe me, check
that card out. Follow the pattern, as Roger started to loose games,
and went below 500 on his win/losses for the year, the card dropped.
This is a good example. Also watch Johnny Bench cards. I bet they
drop based on his so-called "unrealistic" pricing of baseballs.
|
594.16 | | ZENDIA::SCHOTT | | Fri Oct 15 1993 15:24 | 7 |
| I still like Dan's idea about "stuffing" the ballot box and
seeing if we can affect the pricing of a particular card.
Perhaps if we pick some obscure card, they will pick up on
it if/when they scan through the surveys they get back.
Let's see, how many of us are there and how many surveys can
be send in.... :^)
|
594.17 | | DRAGN::BOURQUARD | This is not here | Fri Oct 15 1993 18:03 | 3 |
| Plus, I did include my disclaimer -> :-)
Dan
|
594.18 | Non Sports | AKOCOA::MKELLY | | Mon Oct 18 1993 11:33 | 9 |
| Agree with Mr. G. However if you insist suggest that you pick
a football or hockey card to experiment with. Why ? Well,
football and hockey arn't sports first of all, second the sample size
doesn't have to be as large. Pick a retired HOF'er and try to drive
his price up--Say John Hannah - try it with his last card or his
second card and I think that any movement will be a reflection of your
efforts. Jim B. will probably get suspicious if you try his rook.
Mike
|
594.19 | | PENUTS::JST_ONGE | John St.Onge USDSL DTN 275-2715 | Mon Oct 18 1993 12:58 | 4 |
| I sent a letter to Beckett's about price fixing and also whether he
owned lots of 1992 Bowman baseball as was rumored in here.
John
|