Recent Huggins and Scott auction, psa 1 '52 mantle.

So I couldnt help but notice the latest Huggins and Scott auction offered a PSA 1 1952 Mickey Mantle which ultimately sold for a whopping $3,500.
I've been religiously scouring the market for a fine PSA 1 or 2 example and must say this $3,500 price tag was a mighty fine buy for a PSA graded '52 mantle.
In hindsight i'm kicking myself for not bidding on it myself, however it makes me wonder what does this mean? Was it a fluke, did the buyer get lucky? Or is this a classic example of wait long enough and the price will be right? Or has the economic impact truly created a price drop?
Granted the card is a PSA 1 and just a "decent" 1"" for that matter, no paper loss or major creases and certainly not like some of the 707 ones being offered at double the price where you can barely make out the image of mantle.
I've been religiously scouring the market for a fine PSA 1 or 2 example and must say this $3,500 price tag was a mighty fine buy for a PSA graded '52 mantle.
In hindsight i'm kicking myself for not bidding on it myself, however it makes me wonder what does this mean? Was it a fluke, did the buyer get lucky? Or is this a classic example of wait long enough and the price will be right? Or has the economic impact truly created a price drop?
Granted the card is a PSA 1 and just a "decent" 1"" for that matter, no paper loss or major creases and certainly not like some of the 707 ones being offered at double the price where you can barely make out the image of mantle.
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If I could afford $4 000 toys I would put that Mantle in a mostly raw mostly g-vg set and then see if it could sell for $12k