it was more than puffery, the cat was already out of the bag that the new stuff was way overproduced and collectors were leaving the market, and new collectors werent coming in and that the market was way oversaturated.
The people who didnt know this - the casual non-collector or weekend investor, got taken in.
The question that people need to ask is "did ken know it?", yes i believe he did, and did he sell it anyway pumping it up as the investment of the century.
"yes"
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