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Posted By: David Smith

Maybe some of those "record prices" aren't record prices and some of the cards listed as "sold" are not really sold. Maybe auction houses are raising the Buyers Premium to cover for these losses.

I mean if a card is shilled to $10,000 then listed as "sold" but really wasn't, the auction house didn't make ANY Buyer's Premium and also had to pay the consignor for the card. These losses eat into the profit margin thus the increase in the Buyer's Premium to cover them.

Something to think about,

David