I'm in the "don't believe the hype" camp. I've seen everything from Sid Smith and Juan Viola(t) selling at ten times book, to the next month selling at book, almost unprecented for rare SLer. Some of the recent asking prices of Shags have been ridiculous. A choice few will overpay and then the market will settle -- much like the housing market. It may be 10 years before another Shag PSA 5 sells for $800. I'd bank on $400 happening first.
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