In terms of supply and demand, I think it's worth considering that many of the 1300-2000 known graded copies may never hit the market and will remain in private collections. So I can easily see this card appreciate in value over time given the number of actual available copies.
I do like the idea that a previous poster made about the supply possibly increasing as the older population starts to pass and the kids sell off their father's collection. But it's also possible the cards stay in the family and never hit the market.
Since you never know when the next time you'll see a PSA 1 Mantle hit the open market again, I can understand why collectors are willing to pay the prices they are paying.
|