While I am not nearly as old as you are Frank I feel the same!!! If this sale is legitimate it is definitely a testament to the craziness of the modern card market! And apparently these companies creating these rarities...albeit artificially apparently know what they are doing and are striking a cord with some very rich folks.
While Jeter was a great ballplayer he will rank nowhere near the all-time greats just like a lot of these other insane rookie refractor cards selling for five and six figures.
Quote:
Originally Posted by frankbmd
If you were a company going public in need of $50,000,000, would you sell
A) 10,000,000 shares of stock for $5 a share in an IPO or
B) would you short print 25 pristine stock certificates in plastic cases impregnated with Joe Orlando’s saliva and verified by Spence and sell them for $2,000,000 each?
The players (in the market and in the Vault) may be the same, but how a short-printed modern, shiny piece of in cardboard is analogous to equity in a potentially very profitable start-up or in a Fortune 500 company for that matter eludes me,
but then again I will never be vault-worthy and my lack of understanding doesn’t bother me one iota.
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