tag:blogger.com,1999:blog-4238534532864885518.post2234788132171747420..comments2023-11-03T04:36:59.267-04:00Comments on Drew's Hot Corner: What is Book Value anyway?Drewhttp://www.blogger.com/profile/17224880509770382577noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4238534532864885518.post-79361994207012041902009-11-12T01:10:38.113-05:002009-11-12T01:10:38.113-05:00Hey Drew, I'm being really dense I guess becau...Hey Drew, I'm being really dense I guess because I can't find your email. Those Mize cards from my UH blaster break are yours if you want them. Just send me an email and we'll work something out.Play at the Platehttps://www.blogger.com/profile/14231140141558021698noreply@blogger.comtag:blogger.com,1999:blog-4238534532864885518.post-16229266088291151842009-11-12T01:08:54.186-05:002009-11-12T01:08:54.186-05:00My dad always said stuff is only worth what someon...My dad always said stuff is only worth what someone will pay for it. That goes for houses, cars, cattle and cards. You can put a dollar value on anything, but until you sell it, you don't really know what it's worth.Play at the Platehttps://www.blogger.com/profile/14231140141558021698noreply@blogger.comtag:blogger.com,1999:blog-4238534532864885518.post-32467240423203065292009-11-11T20:44:06.941-05:002009-11-11T20:44:06.941-05:00Book Value is like MSRP of a car. It's rarely...Book Value is like MSRP of a car. It's rarely the selling price. Actual value can be expressed as a percentage of book value. A high demand card might sell for 75% of BV while a low demand card might sell for 10% of BV. But actual value should be determined from past sales (like eBay) rather than an uninformed opinion of value (like Beckett)The Goochhttps://www.blogger.com/profile/11077014371495213010noreply@blogger.comtag:blogger.com,1999:blog-4238534532864885518.post-89363187657065185662009-11-11T18:56:16.728-05:002009-11-11T18:56:16.728-05:00I agree, that there are way too many cards that su...I agree, that there are way too many cards that suck yet have a high book value. What really annoys me is how a bunch of rookie cards of shitty players can have higher value than one of a star player that isn't quite super star status. <br /><br />Ultimately, book value seems to be a price ceiling for the most part. People only seem to sell cards for less than book value rather than working their way up from the book value. This is the case unless it is a card with a lot of speculative value, like many of the legendary cards that everyone has heard of and knows will always increase in value if held for a long enough time. <br /><br />What I tend to use book value for is to determine relative pricing. It's like looking through an online store, you can easily compare the seller's prices on each individual card to determine which are his most valuable. Some books (like sellers) tend to price at the higher end, and others will price lower, but either way you can compare player to player, set to set to develop a hierarchy of pricing.<br /><br />I find that pricing on the most recent sets is very inaccurate because in the year that the set has been released, prices will go through trends and fluctuate based on who's having a good year, and who's getting all the talk. So usually I like to wait a few years to let the pricing settle at a more permanent scale before looking in the book for it.NMCLax24https://www.blogger.com/profile/10956580307670784813noreply@blogger.comtag:blogger.com,1999:blog-4238534532864885518.post-88165926315367597452009-11-11T18:49:46.149-05:002009-11-11T18:49:46.149-05:00Yeah, thanks you twoYeah, thanks you twoDrewhttps://www.blogger.com/profile/17224880509770382577noreply@blogger.comtag:blogger.com,1999:blog-4238534532864885518.post-76649671081799360912009-11-11T18:46:07.448-05:002009-11-11T18:46:07.448-05:00I haven't bought or read a beckett in 15 years...I haven't bought or read a beckett in 15 years. It no longer has a place in the hobby. Instead of "book value", we now have "real value". Online sites, whether ebay, sportslots, ginagaincards, whatever, have replaced beckett with realtime, actualized prices of what cards sell for.<br />Now, like you, I rarely, if ever, sell my cards. But I do use this new "real value" for when I'm out hunting singles for my PC. If I feel a Don Meredith RC is worth $150, but I see it sell time and time again for $300, I re-evaluate my mindset. I also don't buy the card ;)<br />With a static book, with misguided, and often biased information, you can never be sure of the accuracy.<br /><br />Did I answer your question????Captain Canuckhttps://www.blogger.com/profile/02189853561737282234noreply@blogger.comtag:blogger.com,1999:blog-4238534532864885518.post-40389230545468549402009-11-11T18:20:08.295-05:002009-11-11T18:20:08.295-05:00As a fellow collector/non seller, book value doesn...As a fellow collector/non seller, book value doesn't do a ton for me. I've found that a lot of cards I find lame have high book value, and a lot of cards that I find awesome have low book value. Therefore screw book value haha.<br /><br />That said, it is nice to have cards with high book value, just as kind of a whoa factor when I go through my cards. To know that I have a card or two worth over $100 is just...crazy. But very cool at the same time.SpastikMoosshttps://www.blogger.com/profile/13374559066158419166noreply@blogger.com