I've been looking at both the Red and Emerald Mike Schmidt sets on Ebay (georeps_42) for some time now. So, I decided to pull the trigger and purchase both sets (43 + S/H). They came in the other day and after looking at them, I do believe they are real cards. They are the correct thickness, pretty well cut and centered and the hologram is the same as the base beige version for that year. With that, I also believe they were "removed" from the production line before the stamping of the serial numbers occurred. Either Upper Deck was preforming a quality test and pull a few sets out of production, or they were stolen. Either way, they made it to the market. test
The seller of these cards can't have many of them available. So, in my opinion that makes them somewhat rare.
As a collector of Schmidt cards, I will add them to my personal collection. One day I hope to see a Blue non serial numbered set out there.