The nine will follow the one up, though. It won't always be to the top, but it's that one consumer of the Kool-Aid that will drive that price up and won't get out until it reached the guide-price, and, as such, will take home the prize every time.
Then the 9 clearly think it's worth up to what they bid. This is a real stretch that you're trying to argue
Do you guys use the coin dealer gray sheet? I know things have changes but I thought their bid prices were pretty accurate.
I have to agree, that going to a Baltimore Coin Show and stopping at that booth for some conversation or maybe even advice on grading some Morgan CC's. What a bunch of characters and you're right they are a bunch of snobs