View Single Post
  #26  
Old 05-16-2020, 02:00 AM
Stampsfan's Avatar
Stampsfan Stampsfan is offline
Bob Davies
Member
 
Join Date: Jul 2015
Location: Calgary, Alberta, Canada
Posts: 1,122
Default

Quote:
Originally Posted by doug.goodman View Post
Exactly, well said Adam.

As for the article, the author lost me when he said :

"As we know, in a neighborhood of 100 homes currently valued at $1 million each, when a desperate seller accepts $500,000, the value of the other 99 homes immediately drops to $500,000."

Not true.
Exactly. If I sell my PSA 5 Green Cobb for $200, does that mean every other PSA 5 Green Cobb is now worth $200?
__________________
Successful transactions on Net54 with balltrash, greenmonster66; Peter_Spaeth; robw1959; Stetson_1883; boxcar18; Blackie
Reply With Quote