Quote:
Originally Posted by Republicaninmass
A really Nice 1954 aaron psa 8 sold in a major auction for 27k last week. Recent sales are between 40 and 75k. Less than a decade ago, it was a 7k card. Aside from his passing, what constitutes the price increase? Plenty of MOMO and FOMO investors that are going to be hurt if they need to sell. Even at 27k people are thinking twice as the only upside is if someone someday pays 50k for it!
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It was $37k, not $27k (huge difference in terms of standard deviations away from the mean), and it was not a "really nice" copy. It was horribly off center for the grade. I remember seeing it and thinking, "How the hell did that get an 8?" and then thinking, "this card is going to bomb for sure".