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Old 04-13-2007, 12:20 PM
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Default REA is beautiful, but browsing bids leaves me depressed

Posted By: peter chao

Jason L.,

Whether I pull the cards out of the closet, would depend first on whether I had these kinds of cards, I don't, so I'm just speculating here.

It makes a great deal of sense for investors to be selling here, although the Gretzky T206 Wagner sold at a record price, it did not appreciate as much as other Hall of Famers in the T-206 set did during the last 7 years. Also there are rumours that the Wagner was trimmed earlier on.

So the investor would want to take advantage of the splash made by the 2.35 sales price of the Wagner and sell now while selling is good.

On the other hand the well-heeled collector would be going the other direction. Their thinking I haven't seen such good stuff on the market for a while so they would probably be buying.

Peter




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