Quote:
Originally Posted by MattyC
Also, there's a big issue in discussions like this that involve expectations. Each collector has his own expectations based on his own knowledge, experience, taste, desire, etc. It's impossible to define a hobby wide standard expectation. Many different collectors will value the same card very differently. So to one a card might over perform, to another that same card might be a disappointment.
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Absolutely. I paid around 5600 for the Tattoo Orbit 5 poster lot. Four of those exact same ones realized over $20k, 4 yrs ago. With super rare items it is difficult to say, on a per item basis, how healthy the hobby is from one auction result. But I think what can be said, when taken in it's totality, the REA auction did show the hobby is very healthy. I think it has to do with the stock market being up also. If we had lost 25% like we did a few years back, I am not sure so many people would have been as free-wheeling with their bids.