Posted By:
davidcycleWhat does a 17 day flip variation in sell price have to due with the card being in high grade? Why couldn't this variation have happened if the card or card(s) were in lower grade?
The Mastro consignor likely lost money on his consignment, which could be used as equally valid evidence that high grade cards are a poor investment. 2 sales: 1 lost his shirt, one made lots of money. Explain how a 50% occurrence of losing money when selling high grade is an example of stellar investment potential.
Lastly, is this an example a self fulfilling argument, in that the example was use only because it proved the argument? If it did not sell for so much, would it have been presented as the defining example and would the thread have even been started? There are a plethora of examples of buying high grade cards from Mastro and selling them for a big loss on eBay.
Just seems to be a lot of loose strings to the initial argument. The initial conclusion may be correct, but the evidence quoted doesn't prove it or really much of anything.