Quote:
Originally Posted by Dpeck100
Both of the final bids also do not come from bidders with inflated statistics with one seller or a large number of bid retractions.
With a card this limited it is natural for only a few to push it to its highest point and I would agree with Frank if this was a more available card with an outlier sale due to only several bidders but on a card with such a limited number printed it says everything about the value of the card.
PWCC had close to 9,000 listings a few days ago when I looked. The party has not ended and isn't going to end.
People wan't to buy cards and will go to the source of those cards. After all they are closer to a stock exchange than a true card dealer.
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If you were a company going public in need of $50,000,000, would you sell
A) 10,000,000 shares of stock for $5 a share in an IPO or
B) would you short print 25 pristine stock certificates in plastic cases impregnated with Joe Orlando’s saliva and verified by Spence and sell them for $2,000,000 each?
The players (in the market and in the Vault) may be the same, but how a short-printed modern, shiny piece of in cardboard is analogous to equity in a potentially very profitable start-up or in a Fortune 500 company for that matter eludes me,
but then again I will never be vault-worthy and my lack of understanding doesn’t bother me one iota.
10-18-2019, 08:55 AM
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