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Old 06-19-2022, 07:54 AM
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Ed Hans
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Join Date: Apr 2009
Location: Buffalo, N.Y.
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Quote:
Originally Posted by oldjudge View Post
This is the biggest fallacy in the hobby. The value of an item is what a seller and a buyer can agree to. An auction values an item based on what the second highest bidder is willing to pay. There probably isn't much difference for generic items. For rare items with a limited collector base there is a huge difference.
+1. I've been trying to explain that to people for decades.
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