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Very interesting read. One thing that stuck out to me is that they consider his 4,000 cards about 25% of all of them. That would mean only 16,000 copies exist. I find this estimate really low. Any thoughts?
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I think the author did not explain it clearly. Was the ratio for only higher grade cards? If he only buys high grades that would explain why all grades of Flood cards from 1964 don't have the monetary jump seen with the higher grades.