Quote:
Originally Posted by Peter_Spaeth
I guess the question you have to ask is, why are people willing to pay those price differentials for an arbitrary half grade difference? In some cases I think the answer is almost circular -- because the market says they're worth more. Sort of like in the old days, cards were worth what Beckett said they were worth, despite its claim that it was merely reflecting prices not determining them. Purely from a collecting standpoint, I'm not sure.
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I agree to some extent (regarding the guide 'setting' prices as much as, or more so than, 'reflecting' prices). But if you consider it more in terms of 'cycle time', the Beckett may well have reflected changes, but over a longer cycle than today's shorter cycle 'guides' like a VCP. At some point those cards would not 'move' at Beckett 'guide' prices and in theory the Beckett prices would be adjusted. Personally, I always marveled (suspiciously so) at how many monthly price changes had an up indicator and so few had a down one.
Now consider even further the shorter cycle times. The shorter the cycle, the more the 'card' becomes a 'commodity', which may be even worse than considering it an 'asset'.
And as an aside, does PWCC attempt to
see the future or
create the future?
