You are a lot closer than he is!
With 21 graded 7's and only 15 higher, part of the argument becomes a "supply shortage". I suspect there are MANY people out there that would jump at that card at significantly higher than $38K (myself included). With the significantly small supply and high demand for that card, I think the $130K level is sustainable, market softness notwithstanding. IF there is any softness, as others have commented, I don't see it getting close to $38K again.
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