I don't know the original intent, although i suppose the Wagner might be a clue.
But I would guess that fairly quickly it became clear there just were not enough high grade completely unaltered vintage cards to sustain the type of growth they had in mind, and they began making certain compromises with certain people. Pure speculation of course.
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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