Open letter to STAT and Christopher Morales

[Archive]

Posted By: <b>Corey R. Shanus</b><p>I haven't read all the posts in this thread so it's possible the following point has already been made.<br /><br />In the examples DJ cites, what surprises me is not that those items didn't sell for anywhere near $140k but that they sold for as much as $9k (assuming they in fact sold). If the signatures are genuine then $140k (or some correspondingly high number) is fair market value. If the signatures are not genuine, then the items are worth the value of the baseballs, perhaps discounted somewhat because they have been further degraded by bogus signatures. This value is probably a few dollars per ball, or less than $100 collectively. So why then would people bid even as much as $9k? Do they really think there is ANY chance the signatures are genuine and maybe it's worth rolling the dice and spending a few thousand dollars? Talk about a leap of faith?!