Posted By:
Gilbert MainesGee, I think that this transaction can be a deal for the buyer and the correct business choice for the seller.
The reasons why it is a good purchase are discussed adequately above. The reasons why it is a good sale could include the fact that the seller freed up $800K to allow them to do what they do best. Sometimes liquidity matters a lot. And at this level, they made a choice on the money they could generate if they had immediate buying power vs. the profit they would generate if they took the time to maximize their sale price.
As unlikely as it was for this set to walk into the National this year, it would be no more unlikely for the same thing to happen at next years National. This would yield two pristine 1914 CJs. It is no more unlikely to happen again than for it to have happened this time.
But still it is very unlikely.