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James Beckett was a statistics professor before launching Beckett Media. [3] In the 1970s, Beckett introduced some of the initial price guides for the baseball card industry, providing more detailed information on specific card prices compared to the newsletters that collectors were accustomed to. [4] He founded Beckett Publications in 1984. [5]
Beckett Baseball Card Monthly grew in popularity and became the basis for the success of Beckett Media, now based in Dallas, Texas. Beckett Publications produces price guides for a variety of sports collectibles (Beckett's Football, Basketball, and Hockey guides would start in the early 1990s, with Beckett's monthly Racing Guide following in 1996).
Price guides are used mostly to list the prices of different baseball cards in many different conditions. One of the most famous price guides is the Beckett price guide series. The Beckett price guide is a graded card price guide, which means it is graded by a 1–10 scale, one being the lowest possible score and ten the highest.
This list of items as of August 20, 2021 is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2023. [note 1]This list includes only the highest price paid for a given card and does not include separate entries for individual copies of the same card or multiple sales prices for the same copy of a card.
Hobby publication Beckett gave the 2001 Upper Deck Golf card a rookie card designation despite its arrival five years after the SI Kids release, sparking controversy. The market, it appears, gives far greater credence and value to the 1996 Sports Illustrated for Kids release which sells for exponentially more.
In 1992, Pro Set forecasted sales of $165 million. A free magazine was published by Pro Set called the Pro Set Gazette. It was mailed to 1.2 million collectors twice a year. [5] Beckett Publications noted that in 1991, sports cards grossed about $1.9 billion in sales in North America, so Pro Set had a dramatic impact, albeit briefly.