Quote:
Originally Posted by Runscott
Michael, what sort of person do you think bids the big bucks on a ring like this, clearly lacking the knowledge that most of us require as collectors?
Given the price, there must be two such people out there. I don't use the term 'collector' to describe them, as it can't possibly be a collector…can it?
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Great question - I have often asked myself the same question! I think something like a "Platinum Night" is an event that gets more foot traffic from non collectors than say an auction at the National. Perhaps these novices don't realize how questionable some items can be in these auctions.
Seemed a lot was written about the Joe Jackson autograph and many speculated in the hobby that autograph did not look good either - yet it went for a lot of money (I believe both JSA and PSA had authenticated it).
Heritage is having a vintage guitar auction this weekend, and I would love to try to win a couple of items. Unfortunately having very little knowledge of vintage guitars, when I think back to some of the items I have seen and argued with Heritage about of the last few years, I realize I can't bid in that auction as I could get "eaten alive".
Anyone else have any thoughts on who bids on these items?