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Posted By: warshawlaw

The card had acquired the most valuable thing in the world for non-essential items: fame. The card isn't as rare as many others and it may even be cut down from a sheet. Guess what: no one who could buy it cares! The card is the best known card in the world and that alone will drive its price. Perhaps some day the rich men who buy cards like this will collectively tire of puffing out their...chests and saying they own the #1 card in the world, but I don't see that happening. If rich men with toys were rationally analyzing their purchases, they wouldn't buy T206 Wagners, Picasso paintings, Ferraris, or Anna Nicole Smiths, now would they? The motives for owning a rare and expensive toy are non-financial; the cash is secondary. Hell, the seller could have tripled his money in the last five years in any of a dozen hot real estate markets, but he wouldn't make the news and be known as the man who owned the best toy ever.