Quote:
Originally Posted by Vintagedeputy
I can agree with that. Again, it comes down to if you like the card someone says is worth $50 more than the $50 bill in your pocket. Only the buyer can make that decision.
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I’m with you there.
I think the point that I’m trying to make is that we’re often a lot less cold and calculating. Instead, we often get emotional and irrational, particularly in an auction format. We start out with a max price of $1,000, and the next thing you know, the price is at $3,000, there’s 30 seconds left on the clock in extended bidding, and we’re trying to decide if we can justify going up one more bid increment.