Quote:
Originally Posted by edhans
Not saying that the auction result is "invalid" or that it isn't a valid comp. Point is that market value is not determined by an underbidder or lack thereof.
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That is true for every single card ever auctioned. It is worth on that day and time what the person who was willing to pay the most for it ended up paying for it. 762K, like it or not, is a valid comp and the market value.
So do we start tossing out hammer prices arbitrarily or questioning them based on speculation?