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ddIn 1981, as an 11 year old I vividly remember buying 50's and 60's Topps cards. I'd buy them in Ex to Ex-mt to save about 50% off the NM and Mint examples. In particular I remember settling for a 1964 Pete Rose for $15 in ex-mt instead of paying the $35 for the Mint example.....a card that would grade 8 or 9 today.
My point being, the really high grade stuff sold for high book...little or no premium for exceptional examples.
High grade commons from 1900 to 1971 were the biggest steal prior to the grading era.