I do think that outliers can be a factor, particularly on the high side.
You get a couple of guys bidding against each other. They both get emotionally invested. They both start clearing a spot on their wall to display it. They both start thinking, “Who does this other guy think he is? I crap bigger than him! I make $X million every year!!! I’m not going to let this blackguard win!!!” Next thing you know, it’s been bid up by 4x the real price.
But maybe I’m just projecting…
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Trying to wrap up my master mays set, with just a few left:
1968 American Oil left side
1971 Bazooka numbered complete panel
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