Quote:
Originally Posted by 1952boyntoncollector
plus if bidding is legit....whatever the winning bid was...the underbidder may of just been a few hundred below them and another bidder a few hundred more.
so when talking thousands and thousands of dollars...maybe the winning buyer was willing to 'overpay' by 1-3 percent to win the card....to me thats just market price ...we expect to lose 5-10% on any card we buy at a huge auction and sell the next week in an auction.
Now on private sales i can see someone 'overpaying' when no one else would pay within 50% of what a guy paid to pry a card out of someone's hands...but still time will tell.
but again in a fair auction...noone is going to be paying 50% more than the market due to all the under bidders.....in a private deal , all you have is the seller saying 'i already have someone offering X for the card' thats not as legit as seeing a real bid in an auction..
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Two people or even three can get caught up in hype and hysteria just as easily as one. So to me a "legit" auction price is not at all inconsistent with the winner overpaying.
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