I agree with Adam's points. I'd also add that if that person puts it up for sale on N54 B/S/T, and gets 5 offers, that isn't the "market". C'mon, 5 people send low ball offers for a card and he should accept one of them because that's the market for a card?
If the card sold 3-4 times in the last 2 years in well publicized auctions, I might accept that as close to market price.
Without details into your particular scenario, it's very hard to give a yes or no answer, but I'm going to say NO.
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