Quote:
Originally Posted by mechanicalman
But wouldn’t more collectors mean more demand, and therefore, higher prices?
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Overall, yes, I agree. But the market for certain items will narrow as prices go up.
Everything is relative, so take this example FWIW. Five years ago, card X sold for $1000. Today that card sells for $5000. Person Y can deal with dropping $1000 for a card, but not $5000. That person is now out of that market.
Full disclosure... my salary has not quintupled in the last five years.