Outed cards, now including a 130K gain on an Aaron rookie

[benjulmag]

Originally Posted by Peter_Spaeth

I don't follow Corey. If the great majority of sophisticated buyers and sellers already know the truth, then by definition the truth is already out and should already be reflected in the market value. No?

Fair. I should be clearer. To me, the set registry people who buy the slab and are in it for the ego are not what I would characterize as sophisticated collectors. People I regard as sophisticated collectors wouldn't touch a lot of this stuff.

Second, the new buyers I refer to are collectors who have not yet entered the market. Call it the next generation. They would be entering the market at a different point than when current collectors did. Their perspective about what they are buying and the associated risks might be a lot different.