As usual, Leon, you and I are on the same wavelength. I think on a very basic level that if multiple cards are being sold for six digits and up, that shows that the hobby is healthy. Does that mean that 70s and 80s cards or a low pop 1960's common will shatter historical prices when next offered? Of course not.
Ultimately though, a card can sell for X amount of dollars...
"Collector A" can say to himself, "What a steal! Wish I bid higher!"
"Collector B" can say, "I can't believe someone paid that much for that!"
"Collector C" of stamps, can say, "I wouldn't pay a penny for any card; they're all worthless to me."
Everybody has their own expectations and valuations. One man's trash is another man's treasure. I've never called girls back who are wives today.
Bottom line, all it ever takes is two who agree, to make something worth a great amount.
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