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Joe D.A 4 (SGC 50) just went for $15,350 on eBay
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160162088733
but not too long ago, a 5 went for $11,750 in REA's auction.
http://www.robertedwardauctions.com/auction/2007/212.html
One grade lower - but 30% higher in about 6-months time.
Is this price appreciation?
The great 'two big snipes' on eBay?
A little of both?
something else?