Quote:
Originally Posted by Exhibitman
Add to that:
Undiscovered items: We know precisely how many shares were issued for a given publicly traded stock. There are undiscovered troves of cards out there, including old hoards that have never seen the inside of a grading room. As Boomers age out or die off I expect more goodies will come to light.
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Or stuff that has been cracked out. Or resubmitted. Or crossed over. Or the pop database is a worthless unintelligible jumble. Or stuff was just plain labeled wrong.
But the bigger issue for me is really that it’s not meaningful. If one card has a market cap of $1M and another card has a market cap of $100M, does it really mean anything? Does it mean that one card is overvalued or undervalued? I just don’t see how it helps to really provide any meaningful insights, other than just the sheer craziness of how big some of the numbers are for some cards like the 311 Mantle.
Yesterday, 12:53 PM
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