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Posted By: Lee

Peters Idea would never work in the first place. There would always be someone out there that is not in on the scheme that bids the price up and keeps the market high. People are naturally competitive, so there will always be competition for the best cards, even if there is a pact of board members. Plus, some people would not adhere to a pact and get the cards at the cost of breaking the pact. There is also the fact of pooling money....this would not work because people may keep putting money into this "fund" and never get anything out of it. They have put money in and now have less to spend on cards, so they can afford less for the cards they want. If everyone just keeps the money they put into this "fund", then they could eventually afford some nice cards. Of course, most people want hobby icon cards such as the 1915 CJ Jackson and Cobb Green Portrait, so this is a "effort" to tip the scales so they might luck out and get one. Most likely, if someone joins a pact, there are going to be others in the pact that joined it to get the same cards too that can afford more than others. The person more flushed with cash can and probably will end up paying more, and probably a price around market value anyways.

Regards,
Lee