In supply & demand theory, the quantity supplied refers to the amount of a certain good that people are willing to supply when receiving a certain price. Yes, there may be quite a few (relatively) out there - but that does not mean they are out there willing to be supplied - aka "available". These cards are tucked away and stashed in collections and can be considered not even available. I have several, but I am not going to sell them, or even try to sell them. So basically, may cards are not in the supply quantity, I am not willing to supply them to the market. Probably same goes for a lot of collectors holding nice T206's - happy to just keep them and won't be seeing the market anytime soon. Therefore, the true market supply is lower than we may think.
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