Quote:
Originally Posted by edhans
Your statement may be true for some cards, including perhaps the OP's Cobb. But if a buyer and seller agree to a price on a particular card, they've established a market value for it. If it's sent to an auction house, it takes a third buyer to establish that value. In the case of equally rare and desirable, yet more thinly traded issues, high grade type cards for instance, if that third buyer doesn't materialize, the seller can take a beating.
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disagree that a market value is based on a direct sale....a market value for how much the buyer wants the card...however the seller can always say to the buyer 'if cant sell ill send it to a consignor' so the buyer may try to make an offer to avoid that from happening which is sort of market price as well..so maybe not disagree..!
in addition, when the seller quotes a price and says 'if not sell will send it to an auction' and still receives no takers...its probably an indication that hes asking more than market price if the potential buyers would rather bid at an auction of the card with competition then a direct sale.