Posted By:
hankronAs I said earlier, it is fine with me if collectors bid as much as they want on American Memorablia's or any other proofs (Hip Hip Hooray! and all that stuff). But, unless suffering from abnormally low i.q., the collector's level of knowledge is his choice and his responsibility.
If the bidder chooses to not learn how to make sound judgements about authenticity before bidding thousands of dollars, that is entirely his choice.