Quote:
Originally Posted by gregndodgers
So high prices are here to stay. Get used to it. Bubble will not burst. It never has.
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…Except when it goes awesomely, disastrously, epically wrong, as it did for the 1914 Baltimore News Babe Ruth. Sold at auction with REA in 2023 for $7.2 million and resold by Heritage this year for $4.02 million.
On the one hand, I have nothing but schadenfreude for the rich guy who lost over $3 million on the sale,
on the other hand,
My take on this debacle is that when you get into really rarified territory with any card, there are only a few buyers with the bank and the interest to chase it, and if they aren’t in the auction, watch out below. I guess he should’ve bought invidia stock.