Quote:
Originally Posted by glynparson
Only an indicator of the market for those that saw the auction. This idea that every auction ends for market price is laughable. I guess the brown old mill that sold in auction for around 20 or so is now only worth $20. The result of an auction would only be true market if the entire market for the card was engaged in the auction for it. Every auction even REA has some lots go for less then full value.
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how can you say an REA lot that caters to the group that buys the cards and understands the nuances of card collecting sells some lots 'for less than full value'
thats like the people who say 'couldnt sell my house' they mean to say 'couldnt sell my house at market value'
i not sure what 'full value' is when you cant sell it a huge auction house with months of people viewing it....
the other issue with cards is we all know there are inherit problems with value down the line....gold is likely to keep its value 30 years from now more than cards..... so cards is the one thing that i wouldnt use the analogy like works of art to say 'everything sells eventually'...sells yes..but sells at prices that go over market value as determined by multiple auctions...we shall see