[mintacular]

Yes, it is overrated and I too think the "1" and "Last Card" premium is more of an old wives tale than reality....I can't tell you how many people also don't understand the "NM" drop-off if the #1 card is not "NM", i.e. they want 10% on a low grade Pafko and when I try to tell them that high point is only relevant if the card is NM they get a glazed look on their eyeballs...Kinda like a dealer who sells low grade $20 t's for $60 cause that is 10% of book...

As for Pafko, it is a popular set, the first card in that set, and a recognizable card in that set so I think it deserves some premium over the other low # commons...