Disappointing April Basketball Beckett
I was very disappointed when I received my April Basketball Beckett in the mail this week. It reflected so little from the actual market movement. Beckett says that they track real auction sales in their BV pricing, but I feel like they miss the boat on a lot of the action. Michael Redd's RC year Auto's remained flat, even though in reality his E-X Rookie Memorabilia Auto has been selling for well over book price (BV $25) for the past 3 months ($33.11 incl s&h for Mar, thru 3/20). His Fleer Autographics, which has booked for $12 forever has been selling at an average price of $12.85 in Mar so far, still hasn't moved either.
Gilbert Arenas' SP Authentic Auto RC is shown to be increasing in value, but actual sales show that it's dropped (Feb Avg - $112.88, Mar Avg so far - $106.00). So why did it jump to $130 in the April Beckett? The only 2 sales that I've seen in '07 that went for that much were on 1/15 for $139.89 (the same day he scored 51 pts & hit a buzzer beater 3 to win the game) and on 2/25 for $133.73. His average sales price from Jan thru today have been $114.06.
Paul Millsap's Fleer Autographics Auto debuted in the April Beckett at $15. How do you explain that when actual sales have averaged $38.91 so far this month?
This Beckett also reports that Dwight Howard's RC's have been red hot, when in actuality his SPx Auto/Jsy RC, which is one of his best, has dropped in average sales price from $143.17 in Feb to $124.44 in Mar thus far (13.1% drop).
If Beckett is going to spend the money to put out issues each month, I wish they would take the time to thoroughly research market data and reflect what buyers & sellers can expect cards to really go for. Collectors & investors are better off tracking actual sales on their own to gauge market timing for buying/selling.