Demand and supply aren't a number. You can't devide them. Quanity demanded and quantity supplied or QD and QS you can. If you are going to attempt to speak in high level economic terms at least know them.
What everyone is missing is when collectors purchase more than one card and in some cases many more it can distort outcomes significantly. There are buyers taking positions and assuming they are soon to be sellers is an unknown. You can't determine what their motives are hence you will never know what future supply actually looks like.
If any of these high end pieces make their way into strong hands they aren't going down much if at all. More common or available cards such as a Koufax 7 can easily come back down but they won't do 100 retracement.
Collectors will move up their bids that feel like longshot prices and support the market.
A Nolan Ryan PSA 8 went for over 14k. It isn't going back to $800. Probably not going back to $3,500 and sides with the OP.
Last edited by Dpeck100; 06-16-2016 at 07:52 PM.
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