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Old 09-20-2007, 03:29 PM
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Default Irrational Exuberance Low Number High Grade 1933 Goudeys

Posted By: bruce Dorskind



Whilst, we are aware that from time to time, there are cards found in PSA/SGC Holders that
have been altered , it would not be an efficient use of time and resources for an auction
house and/or agent of one to alter every card.

While our general operating philosophy is trust no one and double check everyone,
we think that our friends at the Auction Houses are wise enough not to alter $500
cards.

We also believe that the sense of paronia with regard to shill bidding affirms our
believe that those who choose not to acquire ultra high grade cards defend their
position by implying that all ultra high grades are bad.

We have countless cards that achieved grades of 8 or 9 which we obtained from
Sir Edward Wharton Tigar, Charles Bray, Cliff Lambert,and others...long before
there ever was a grading system.

As for the coming collapse in the graded card market, if it were going to happen
anywhere it would have happend in the coin market. The coin market's trading
activity is valued at least 50x the card market. Slabs are broken day in and day out...
yet the market marches on...and has been extremely healthy.

Whilst you may not agree, this hobby is now a big businees...every big business
has its regularlory issues...but the rare card market is basically solid...and while
the poor (and we do mean_poor) cry babies sit on the sidelines and complain,
the astute, educated saavy collector investors will continue to thrive.


Bruce Dorskind
America's Toughest Want List

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