I had a quick question about Heritage. I was looking at some of the 19th century cards and noticed the 1887 Old Judge John L. Sullivan. It was graded PSA 1 (much nicer looking but with some paper loss on the back). HA set the estimate at $2K+. That seemed high and I found that a similar card graded SGC 3/40 sold on PWCC last December for $620. Where does Heritage get their estimate? Some of the ones on my watch list sold for less than 60% of the estimate (68 Bench PSA 10). Are they just trying to increase the sale price or do these estimates come from somewhere?
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