Posted By:
Frank WakefieldI never said investors are inferior.
Didn't say collectors are superior.
But you guys can post taking the position that I did, then jump on me for it.
And I still think anyone bidding at all for that card is nuts. Even you, Leon, if you were 3rd underbidder. When this all settles out, if whoever ends up with it mails it to me as a gift, I'd not keep it. I'd trash it... or destroy it publicly, or maybe sell it to Mr. Mint with hopes that he could never resell it. Just maybe the card is authentic... I'm incapable of ever believing that, nothwithstanding testing and grading. It is an 18k bookmark.
I do wish the card prices weren't going up... I've sold a few cards. Sold them because the monetary value had gotten so exponentially beyond what I paid for them that I couldn't justify keeping them. And I wish the prices had stayed low so I'd have kept the cards. Seller's remorse, not because the cards are worth even more, but because I no longer have the cards.
For all I know the investors out there may well be superior to my naive way of thinking... They're making money in my hobby. Good for them. Bad for me.
And I didn't say that the auctioneer wasn't liable to the buyer... I just don't think that's a problem for collectors to fool with IF the two are in it just for the money.
And I perceive Leon to be a top rate collector. Even if he occasionally sells a piece of cardboard or two.