Collectors and investors are not mutually exclusive categories, and there's always some hard feelings as fallout when a large find of what was formerly a scarce to downright rare item occurs. Reminds me of the Dormand Gil Hodges I bought in NMt in the early-mid '90's for $400 or so, when only about 3 dozen were thought to exist, mostly in much lower grades. Then the Dormand estate comes up with 1200+ in NMt/Mt which Gil apparently simply forgot to pick up! Instantly, my $400 item is worth $40-$50--maybe!!! Unfortunately, that's simply the risk the collector who is also concerned with value and potential appreciation takes.
As a fellow lawyer, I do agree it would have been a fraudulent representation to have marketed just a very few of these at a time, representing them as extreme condition rarities, while knowing that was not in fact the case. But like anyone elses,' lawyers' opinions vary from one to another. That's why the judiciary system is there for civil cases.
Best,
Larry
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