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Bottom of the NinthIf you have the money to spend you will never lose in buying the best. Whether you believe the card is altered or not, the T206 Wagner PSA 8 is a perfect example.
While 800K is a lot to spend on cards, let alone one set, it would seem to me this set has far more value if it were to be broken up, as Scott mentioned. Too few collectors can actually afford to pay that for a set although there are many collectors who can afford 1 or 2 pieces of this set.
I think the set being comprised of the highest graded examples for each of the cards, most of which are MINT or better, on an issue that rarely is seen in anything better VGEX, makes this purchase a one of kind. Generally I do not see as much value in such high grade sets but this issue is different.
Were I able, I would pay 800K for this set well before I would pay 360K for the Sport Kings set or 275K for the 52 Topps set.
With all that said I would love to hear what Michael Wentz has to say on the subject.