Ego is absolutely part of the equation. Maybe the winning bidder believes this is the best Clemente rookie known. Maybe if he was told it was the fourth best he wouldn't even have placed a bid. Who knows. But one thing I believe is he really does think the card is worth that much money. I don't think just because people have a lot of money they are willing to make stupid purchases. Bill Gates can afford to pay $1000 for a hamburger but he never will because he knows no burger is worth that. So I bet the winning bidder will not only tell you he got a good deal but that it was undervalued. And maybe next time around someone will pay him 600K and he'll turn out to be right.
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