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T206Collector...of collecting cards with the unbelievably rich, is that money is no object for them and they will beat you at auction just because they want that card at that time.
I repeat again a story that one of the underbidders on one of these auctions told me and a dealer at a card show a few months back. He said if he really wants a card, he sometimes will put a bid of $4,000 on it, just to ensure that he'll win it -- no matter the cost. If you got just two bidders to do something that stupid, you'd wind up with PSA 4 Doc Adkins cards going for four digits.