[Seven]

Originally Posted by raulus

It's been a year, but this one comes to mind:

https://bid.robertedwardauctions.com...?itemid=112451

Just to poke the bear a little, what's your best guess on what it would fetch today? Has it just stagnated or gone down?

I realize this is probably the high water mark, but I suspect it also proves the point that it's possible for even the mighty Mantle, including the mythical 311 to lose value. Particularly if you get into a major bidding war when you buy.

Now, if this owner holds for long enough, he'll probably come out ahead, or hopefully at least break even. Probably.

I am far from an expert, that issue is nicely centered though, which I believe, still commands a premium. I don't understand the circumstances that elevated that one particular auction to such a high, as if you're comparing the prices of PSA 5's, they don't come close to it. Perhaps you are right, the person got into a major bidding war and had to have that card.

I will say though, I think if you're spending 300K on a card, you don't necessarily have to worry about breaking even. Chances are you have more than enough money. But that is a different discussion, for a different time.