Quote:
Originally Posted by Peter_Spaeth
My sense is that at the very high end, for cards like these, it's the internet/social media equivalent of a pissing context among guys with huge amounts of disposable income. And it only takes two guys who want to win the pissing contest to drive the price to numbers that look nuts to the rest of us. I'm not sure these guys see these purchases as investments per se. I think a lot of it is ego gratification. Just speculating.
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I think this same thing about most collectibles when the money reaches a certain amount. When someone posts a group of cards in the monthly pick-up thread that cost thousands of dollars each and the reply's are "Wow", "Amazing", "Unbelievable" blah blah...I usually just think "Expensive". But isn't the fact that they cost a lot of money what makes certain collectibles "better" than others to most of us?