I think "outside" money is pushing the prices to influence rising prices. A few million bucks spread here and there is nothing. Probably like shooting fish in a barrel, where many of us (not me) view the last record price as actual value. Bottom line is we are adults paying big money for cardboard produced for children. It use to be you were embarrassed to tell adult friends you collected baseball cards. Now we can say we invest in cards which makes us feel grown up.
I collect and still have fun doing it. Sooner or later most collectors will be gone leaving "money" guys passing cards back and forth.
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