Rarity is an absolute number.
Scarcity is supply versus demand.
Something can be rare (low in number) but not scarce (little to no demand for it). And something can be scarce but not rare.
Whether or not it's rare, the T206 Wagner is scarce, as shown by its price tag.
The catch is different collectors will come up with a different number for what counts as rare. Some will say 100, so the Wagner would count as rare. Some might say 5.
Last edited by drc; 03-28-2013 at 11:35 AM.
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