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Posted By: Matt

Paul - "the true value which in all probability and barring a catastrophe of biblical proportions, will be reached in the auction format."

I agree with everything yous said except the piece quoted; I think it's fairly common to see listings end at less then "true value" on ebay; I have had several instances where the seller left money on the table by not accepting an offer of mine, and I won the card anyway.

(my presumption is that the "true value" which Paul speaks of is a pre-determined market value based on multiple prior sales. Saying "true value" is determined by whatever the current auction ends at is not what we're discussing, since then Paul's assertion that the auction format brings "true value" is nothing more then a definition)