Morale for the high end investors has to be a bit off, even for those into vintage. Did anyone see the Clemente PSA 9 rookie that sold for $1.05m last September just sell for $792k last week in Goldin’s 100 auction? There was a lot of debate about how much the one at REA would have gone for and that went for a lot more just a few months ago at $960k. Pockets of strength still at the top, but we certainly aren’t seeing records anymore. It has to trickle down eventually but doesn’t happen overnight.
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