IMO, I think both parties have made a mistake in this situation and sadly it is all over money and from my vantage point neither of them looks great.
My guess is that the card in question is really not worth 12,700. It sat here at 3,200 for more than 2 months. The card did not go up in value 3x in 60 days with no other sales and the seller was clearly more than ok with selling said card for 3,200.
I could be wrong. Seen stranger pricing trends but either way, a friend would let a friend know about the sale at 12,700, if they cared about the relationship. At the same time if Jeffrey really did not care about the money then he might have told his friend he was fine at 3,200 and to knock himself out trying to make some money.
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