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Originally Posted by Snowman
I just looked into this further since I'm basically being called an idiot for my statement regarding these not looking fishy at all from a data perspective.
You state that these sales are "all far above actual sales contemporaneous to them". This is not true. These sales are all very much in line with the other sales for this card. I looked up all sales of this card in any grade going back to November 2020 on both Terapeak and PWCC's Market Research Tool. The list below is comprehensive. Every sale in this dataset lines up with market expectations. Also worth noting is that the middle sale of the 3 in your post above is absent in both eBay's Terapeak research tool and PWCC's research tool, which generally implies that it was not paid for. Perhaps that listing was shill bid by the person who previously bought it for 11k? Who knows. But it makes perfect sense for it to be listed again if whoever bought it did not pay for it.
Note the sale of another PSA 9 by some random ebay seller on June 5th, just 3 weeks before the most recent sale of the 3 you posted. It sold for $5911 at auction, but there were at least FOUR unique bidders all of whom placed a bid north of $5k in that auction. The one you say was "far above actual sales contemporarenous" to this one sold just 3 weeks later in the same PSA 9 grade (but with an older style slab) for $4861.90 at auction with PWCC.
Here are the sales of this card. All of these line up perfectly with expectations given the market trends we've seen throughout 2021.
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From the data perspective I’m not arguing with you However it’s not the goal of somebody who owns this card to continue to lose money of this magnitude in a such short period of time that’s what doesn’t make sense to me it just doesn’t.
I’m sorry you can run the current market date numbers for that time however you want it just doesn’t make sense for someone to buy that card selling it so quickly just to lose and lose and lose month after month. I’m sorry they got greedy plain and simple. They pushed the issues doubled down trying to get more more and more, it backfired and bit them in the ass, That’s how I see it.
Yeah that’s my take I’m not calling you an idiot I think you’re actually very intelligent. However I don’t buy this in any way shape or form for this particular card by this particular Seller in this particular time frame I’m being very specific.