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Posted By: barrysloate

But it's difficult to determine the intent of the group.

Since Peter Thomas had a strong opinion on this matter, let me pose a direct question to him:

Suppose you decided it was finally time to sell your T204 set, and you had the option either of going to auction or selling it privately. Since you do have the #1 set on the registry, you decide that the potential upside is so great that the only way to go is auction. You give it to one of the major players and then sit back and wait for the fireworks.

Then halfway through you find out that the collectors with the #2, #3, and #4 sets on the registry have spoken with each other and decided that it would be just crazy for them to all go head to head. So they decide to pool their resources, pick a designated bidder, and then split the cards three ways.

And at the end of the auction you look at the final bid and frankly, you're a little disappointed. You thought it would go higher.

What is your reaction?