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Old 01-05-2024, 05:42 PM
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brunswickreeves brunswickreeves is offline
Seabr.en Re.eves
 
Join Date: Jan 2018
Posts: 610
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Quote:
Originally Posted by Rhotchkiss View Post
The BN Ruth, which sold for $7.2mm, was purchased two years prior for $5mm (it was all over the news), fractional shares were offered on Collectible at a $6mm valuation, and for a year the card was available on Collectible for outright purchase for $8mm - nobody bought it. I don’t know why/how people thought it would go for $10mm+, let alone $8mm+. That said, I agree Corey that $7.2mm is a ton of money, and further, an amazing price under those circumstances, representing a $2.2mm increase (almost 50%) in only two years. Phenomenal result.
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