WOW! E98 Sale Price in Legendary Auction

[Tim Kindler]

This thread is meant as no disrespect towards the top bidder of this item, but I can't believe the final sale price of the E98 Mordecai "Miner" Brown, Lot #183 in the latest Legendary auction. It went for $5,036.25! It is a green background, a PSA 4, yes I said 4... it is 1 of 5 at it's grade, with 8 graded higher, and there are 26 others E98 Browns on the PSA population sight; all of this info. coming from the item's description in the auction's caption.

Please educate me here if I have missed something. I strained to see if there was an OLD PUT stamp on the back, but I don't see one. I looked to see if his name was misspelled, or if something was misprinted on the back, and I don't notice anything out of the ordinary.???? Maybe I have missed something, because 2 people had to really want this card to make the bid price continue to go up... correct? All I see is a really nice looking E98 Brown with stains on the top which maybe could be regraded a little higher, but $5,000 worth higher???

Please let me know if I'm crazy and missed something, or this a classic case of how price guides are meaningless in the relm of Vintage cards and they are only worth as much as someone (or at least 2 people) are willing to pay for it.

Thanks for any input,
Tim Kindler