Quote:
Originally Posted by Snowman
I don't see anything fishy at all about these sales. The selling prices are in line with what I would expect to see given the dates. In Feb, the market was twice as high as it is now. That 11k price lines up perfectly with the peak of the market. Someone bought in at the wrong time, then panicked and sold when the market crashed. And the sale dates line up perfectly with PWCC's monthly auctions. These look like normal sales to me.
|
Twice, in four months? Do you really believe that two separate sellers aware of the pricing trends each panicked? Do you know anyone who behaves like that? Or maybe it is because after the $11K+ 'sale' someone bought one for $7700+ from PWCC Vault, followed two weeks later by the second 'sale' of this one at $5100 and the 'sale' two months later of the same card at $4861.90. I see an effort to pump up the card in order to sell other ones.
But why speculate on why there is such a strange trend PSA reports when we can go to PWCC directly for their archive of sales of the Mayweather card?
So I did:
Guess what? Our friend #18931022 shows as sold by PWCC on February 24 and June 26. Whatever happened to the April sale through eBay that PSA lists? Maybe, and this is just a hypothetical, maybe it never actually sold in April?