Book Value Vs Selling Value

[eferna]

Over the years there has been a difference in BV over SV. Do you think over time the SV and BV will ever be the same? I mean Beckett is pricing the BV based on previous items sold right? So lets say I have a card BV of $100 but I only sell it for $50 does that bring the BV down over the years or will it remain the same? Cause the way I look at it we control the market here.
This is one main reason I'm not really selling anything now ( unless I really have to) is because of the market. If everyone sells under the BV then the prices start to come down. I hope that prices will start to be what they were 6-8 years ago.

[eferna]

can a mod move it to Basketball talk sorry

[BravesFan4Life]

BV is supposed to be based on sales not only on ebay but from hobby shops, etc. Beckett takes into account everything or at least so they say. Often times BV is completely wrong in both directions. Some cards will book 40 and sell for a buck other times they book for a buck and sell for 40. There is perceived scarcity for several cards that can cause these differences. Other times BV is equal to SV although thats more uncommon. Also a lot of the time something will sell only a few times and they price it, if it does not come up often enough they are unable to adjust values until much later.

[gladdyontherise]

well beckett always has there values versus ebay sell value, the market isnt lowering bv's and most cards will never sell for bv, unless its a "hot" card or "hot" player (example, Josh Hamilton after last years home run derby)

i dont use either bv/sv, i'd rather go by what i like, theres not that many people though who are willing to trade like that, takes alot of the fun out of the hobby, because people are to worried about "oh no, its 1bv out of my favor!" who cares? beckett doesnt know what they're doing anyhow! lol

[eferna]

BV is supposed to be based on sales not only on ebay but from hobby shops, etc. Beckett takes into account everything or at least so they say. Often times BV is completely wrong in both directions. Some cards will book 40 and sell for a buck other times they book for a buck and sell for 40. There is perceived scarcity for several cards that can cause these differences. Other times BV is equal to SV although thats more uncommon. Also a lot of the time something will sell only a few times and they price it, if it does not come up often enough they are unable to adjust values until much later.

OK so BV is based on sales, how do you then really justify what the right price would be cause on ebay everything is dirt cheap, but then you come to a Hobby Shop its like almost double. Most of the people base their selling price on ebay, cause that according to them is the cheapest.
Yeah most of the cards numbered less than 10 dont even show up in Beckett. I'm sure that there is someone who has sold something under 10 in the past, so why isn;t there a BV on it?
Yeah I understand the player who is HOT right now or who won a MVP etc.. those are just spikes in the trading, but we need a new system in place in my opinion

[eferna]

well beckett always has there values versus ebay sell value, the market isnt lowering bv's and most cards will never sell for bv, unless its a "hot" card or "hot" player (example, Josh Hamilton after last years home run derby)

i dont use either bv/sv, i'd rather go by what i like, theres not that many people though who are willing to trade like that, takes alot of the fun out of the hobby, because people are to worried about "oh no, its 1bv out of my favor!" who cares? beckett doesnt know what they're doing anyhow! lol

I understand your point about collecting your favourite player, but at the same time you need to get your moneys worth I think. I mean look we spend good money to bust boxes and open packs, not like before where packs were dirt cheap for 0.99cents. and we should get our money worth from a trade or a BV in my opinion

[jsox]

i just think that the BV is what they price as what the card is worht overall if in great condition. most people will get a card and immeadiatly look into the Beckett, and say "Oh wow it's a $60 card!"

but honestly, are you gonna get $60 straight up in a trade/sale?
personally, i'd ask $30 or $35 MAX for it

so i think that over the years ebay, as well as collectors, and let the deals slide by, because they know they wont get that $200 for an old RC

that is, unless you're a desperate super-collector.
there's a bunch of lupols here, lol

[bballcardheaven]

It really depends on the card. I have seen people here buying BV $30 cards for $3. Some BV $90 cards go for $80, other times they go for $40. I really don't know how beckett gets their values but they make it so weird, and sometimes very different from the SV, but sometimes exactly the same as the SV. So BV does not accurately reflect a card's true value, so why do people use it?

[DAVE30]

I am moving this to Basketball Card Talk.

Dave

[tarheelsnipe]

I have ranted in the past that Beckett should cut back their price guide to quarterly and focus more on true market values. They need to either fire their current analysts or hire additional analysts to monitor online sales. Ebay is such a huge force in the card market. The local hobby shop, unfortunately, cannot compete with such a large customer base like ebay and naxcom. As they continue to die out, beckett will either have to conform to actual selling prices on the internet or continue to lose subscriptions. Another problem with Beckett is their lack of transparency on how they determine card values. The information given in the price guide is too vague.