Quote:
Originally Posted by oldjudge
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.
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Thank you, Jay. You nailed it. But I fear my contrarian view is the one held by many who play in auctions for high ticket cards.