I think you're right Peter. But I don't get #1 (you should always know what you're buying - especially if you spend that kind of money) and #3 (there are other things you can buy for your ego - and to my mind, many of those are WAY more impressive than owning a psa 10 Brett rc versus owning a PSA 7 Brett rc).
I think #4 (the investment point) is a self-fulling myth.
Everyone on this board is telling everyone they meet - buy the nicest conditioned card you can find because you'll make money when you resell it. I get it. The dealers have sold this line for a long time - because they have to make a profit so they can eat. And it has worked for them because they have always found the greater fool. But why deep-pocketed people fall for this line is strange to me. Essentially they are selling a ponzi scheme. Yes, you make money up until the point comes that the greater fool/new "investor" cannot be found. And it will only take the departure of a few deep-pockets to bring it crashing down on the last card holder.
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