Quote:
Originally Posted by Matt
hypothetically, the consignor could have bought the card for $5k, 'won' his own card at $10k thereby setting the market and making an $8k sale look like a deal. As I recall, Lew Lipsett wrote an article about how prevalent that was, back in the LATE 1970s!
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only problem here is that he would have had to pay the buyers premium of $2K. Then when he sells on ebay he's looking at fees on that end. Net profit of a couple hundred not a couple thousand.