Quote:
Originally Posted by obcmac
I think that's technically incorrect. Price impacts quantity demanded, not demand. If you change the condition of the card, you're technically shifting the demand curve out, not moving along the demand curve. Where you draw the demand curve depends on many things, but one of those things is condition. If you're thinking of the intersection of supply and demand determining price, a higher grade card has a demand curve to the right of a lower grade card (greater quantity demanded at all prices).
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sorry, yes. you are right. quantity demanded was the right wording. many moons have passed since those days.
its a more dynamic problem than that. if you have a card in prestine condition and no one wants to buy it, then its worthless. if you have the exact same card in terrible condition and no one wants to buy it then the its worthless.
if the card is so desirable, people will buy it in any condition that they can get it in, then condition means absolutely nothing also.
in both of those scenarios things break down.
i think most would say that the price of the nicest card is really the single biggest determining factor in why they are purchasing the cards they purchase. i didn't set out to collect the monster in 8+ condition because i will never be able to afford it. i picked the nicest grade that i think i can reasonably afford. if i could buy a 10 in my price range i would buy it instantly. if i had to buy a 1 because its the only thing i could find, i would do that also.
i believe the people that collect beaters are right there with me or they would much rather spend some of that money on other things as condition is not a factor for them, so long as they have an example of the card that they want.
kevin