Posted By:
davidcyclebackI don't know the financial relevance of the high losing bid on a reserve auction and I don't know where the owner purchased the card. However, this price is about 2x the highest previous auction price. I've always thought the piece was undervalued, so am of the opinion that this high bid and reserve are fair valuations.
If Ted is correct, I don't think that ruins the value. After all, what would the single proofs sell for after being slabbed by SGC and PSA? What would a Cy Young proof alone sell for? I bet the PSA graded Wagner alone would sell for significantly more than the strip ever has.
There can be complications if things are stuck together, but a strip or sheet or group of cards shouldn't be valued less than the most expensive single card.