Breaking: Online Price Guide Plus released
Beckett Media is pleased to announce its most significant Price Guide development in a decade – Beckett Online Price Guide Plus.
Subscribers to Beckett Online Price Guide Plus will gain full access to our extensive raw market sales information database through their standard Online Price Guide interface. But what does this do, exactly, for the collector or dealer?
Thousands of bits of raw card sales data are accumulated every day inside the Beckett database. This raw information forms the basis for the data analyzed by pricing staff to produce and publish Beckett Price Guides. For nearly three decades, the pricing information released in our print and Online Price Guides was enough to satisfy the majority of collector and dealer demand for market pricing. While Beckett pricing data is still the best source of information for buyers and sellers, there have been an increasing number of cards released into the market that fall outside the scope of our traditional coverage — hence the need for Beckett Online Price Guide Plus.
With OPG Plus, buyers and sellers can now fill-in gaps in pricing covered by the standard Beckett Guides for the four major sports and racing. The most common “gaps” in current coverage occur with low print-run modern cards and high-end vintage graded cards. Generally speaking, most modern-era cards with a print run less than 15 are not priced in our traditional pricing products and there is good reason for this. Once you drop below a certain threshold in print run, actual market data on your specific card becomes scarce or even nonexistent. The same situation occurs with low-population high-grade vintage cards. However, Beckett stills accumulates large amounts of actual sales information for these cards from a variety of sources: Internet auctions, Beckett Marketplace sales, dealer-submitted sales data, catalog auction houses and the like. Making this raw data available to our customers will provide historical sales information useful in making informed buying and selling decisions, right now, on cards we typically do not otherwise price. Even if we do not yet have a captured sale on your particular 1/1 card, you’ll be able to access sales on other 1/1 cards featuring your player with like attributes, for example. In fact, this database of historical sales information includes more than 25 million reported card transactions.
Current Online Price Guide subscribers are being provided free access to OPG Plus (beta version) today through Sunday (Nov. 30).
Combined with the standard Online Price Guide, a subscription to OPG Plus will provide the industry with the most comprehensive pricing data resource available today.
I like it. But as a long time OPG owner. How much EXTRA is THIS going to cost is the Question !!!!
I also love it and a definite step in the right direction for showing true value of you collection but also as a OPG owner I’m also curious about the extra price ?
I like the extra information, but it brings up a question as to how accurate and up to date that many of the cards priced in the OPG are. For example, I have a certain card that is $50-$100 in the OPG but when you look at market data, hasn’t sold for more than $25 in 4 years with 5 sales. There were a few others that I looked at where the raw data showed a significantly different price than the OPG showed. That brings up a question, which is what is the OPG prices based on besides actual market data that you collect?, or is it just that hard to keep up with the pricing in the OPG so some are out of date and inaccurate.
It’s cool but for me it is a lot cheaper to see a specific card that recently sold on eBay or another source rather than pay $10 more a month for this price data that, from what I see isn’t to up to date. This however is just my opinion though. I also think it makes collectors somewhat lazy & now won’t bother looking at recent sold items but rather pay money just to click a button. Again just my opinion.
The example shown clearly illustrates the known fact that OPG value does not reflect actual value, but rather than update the OPG value to the correct amount on a service you’re already paying for Beckett now offers a ‘true value’ price guide for just a little bit more. This is how the service -should- be rather than an upgrade.