I wonder if Puerto Rico defaulting on their due bond's interest payment today is a possible factor driving the highly inflated bidding on high grade Clemente RC's. CNBC has reported an unfounded rumor the their treasury has been funding the Clemente card's wild run-up in a quiet attempt to repatriate as many of them as possible back to his birthplace in an effort to calm roiling financial markets. It is apparently felt that the infusion of such high grade assets will somehow support the integrity of their gov't bonds.
Sandy Koufax could not be reached for comment.
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