Posted By:
Gilbert MainesBased on the data you presented, Bruce, a pop 1 PSA8 t206 purchase puts less than half of the purchase price at risk.
To evaluate this risk vs. a potential reward, we would have to be able to estimate the potential reward. Although this can not be forcasted accurately, Id estimate that reward (if the cards remain 1 of 1s) as 2x the purchase price.
As Jay points out, based on your option to not bid, you clearly are seeking a better situation, or you disagree with my analysis.
Please explain your assessment.
Edited to add:
Useful information which I do not have includes - % t206 population currently graded above PSA8.