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Posted By: PASJD

We are all just speculating unless we know the buyer, but I tend to agree with Richard, I think whoever plunked down a quarter million dollars for the card is not viewing it as an investment, i.e. that person did not make a rational decision to invest a quarter of a million in that card as opposed to other cards, or stocks, or antiques, or whatever. Now it may well turn out that even at that "insane" price the item will only appreciate, as the PSA 8 Wagner did. And the maxim that the rich get richer will once again be proven true. But I still think the subjective motivation was to own a unique card, not to invest.