REA Catalog Just Arrived

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Posted By: Jeff Lichtman

I guess time will tell once these auctions are completed. I too was surprised at the seeming high inventory of purportedly 'rare' cards. It will be interesting as the auctions will test the long-mentioned 'rule' that the market will determine the value of an item no matter how exorbitant the sales price is. I, for one, have always doubted that because the high end card market is very thin. Often two heavy hitters will drive up a price of a card that, without the existence of the other bidder, would have resulted in a much lower price. What happens when both of those bidders are selling those cards instead of bidding in an auction?