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Old 01-12-2005, 01:48 PM
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Default How Rare is Rare?

Posted By: davidcycleback

I notice that there are sometimes different and legitimate price levels with some rare non-card memorabilia. Sometimes there are 2 or 3 people willing to buy an item in a certain high price range as they have a specific desire for the item (Not talking the "It pictures my uncle" interest). Once these 2-3 have bought their item, the price drops as all the others may want it but not as avidly as the first three. So folks 1-3 buy an item at $500, and people 4-20 buy it under $150 .... In other words, there can be great and legitimate collector interest for an item, but the interest is held by 3 collectors not 300 ... The fact that a rich guy enters the market and pays richly for a T206 Ty Cobb may have no effect on the value of the T206 Cobb you hold in your hand.

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