I don't doubt that Cornerstone is on the "up and up".
But is the appraisal by the seller?
There is a certain word that often but not always appears before a valid appraisal...that is the word independent. Generally speaking a seller's appraisal is just a marketing tool.
Since it is selling at open auction it seems to me the actual value will be determined by the selling price more than such an appraised value.
If one wants a rider on their insurance for it then surely such an appraisal would be useful. But you will pay an inflated rate for that insurance rider, essentially paying for the "claimed" value.
The thing is, no picture of an appraisal document is provided anyway.
The document pictured is a COA with exclamation points and grammatical errors. Hard to take a document seriously when it is written that way. A certificate, letter, COA, or otherwise from Meucci, Billy Burge, or his daughter would probably carry substantially more weight.
But I do hope they do well with their sale. Obviously the right buyer will pay well for such a cue, but they will only have to beat the next higher bidder. So it is actually the second higher bidder who determines that value in an open Ebay auction. Not the seller, the COA, the appraiser, nor the ultimate auction winner.
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