Just want to comment on a few different things I have read in this thread.
Yes, the hobby needs more collectors. More collectors = higher prices. Like it was mentioned, all it takes is one other bidder to drive up the price of a given auction.
True, there was a large influx of people that came into the hobby from 1980-2005. However, the majority of those weren’t true collectors - they were people looking for a quick buck or thinking their baseball cards was going to fund their kid’s college tuition, their retirement, etc.
I don’t think people’s discretionary income is lower than it used to be. My discretionary income is still the same. Nowadays I just choose to save more money than I used to and spend less. It’s a personal choice, not a matter of having less to spend. That will change as the economy changes.
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