Quote:
Originally Posted by Scott Garner
scarcity dictates value and desirabilty.
|
Scarcity = supply
Desirability = demand
While supply can impact demand, value is dictated by where the two intersect. As has been pointed out, the T206 Wagner is not the scarcest baseball card.
The reason Steiner can sell a minty fresh autographed ball of Derek Jeter for hundreds of dollars, even though there are literally tens of thousands of them, is because they are desirable to tens of thousands of people. Demand will surely only go down from this time forward, but it is certainly there right now.
Collect what you love.