This episode has three parts. First, a registry of the 72 first MJ 1/1s is introduced—identifying the 37 cards that are publicly owned, the 21 that are privately owned, and the 14 that have yet to surface. Second is an exercise in 1/1 valuation methods, specifically towards estimating a price for the two Ultra 1/1 masterpieces coming to auction soon. Third, the concept of a "hobby Rorschach test" is floated, considering how the same card can appear quite differently to us at various points along our collecting evolutions.