Auctions would bring out the same irrational behavior at 2AM whether the premium was explicitly calculated in or not. Heritage does the math for you, but I don't see their prices hurting. According to Paul's Wikipedia psychology they should be doing worse than AH's that allegedly "hide" the premium.
And Bob you can try to personalize this to me but it isn't me at all, it's the overwhelming majority of people who understand this very simple concept.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/
He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt.
Last edited by Peter_Spaeth; 08-20-2015 at 06:26 AM.
|