Posted By:
Marc S.Will-
There are millions of dollars of vintage [pre-war] cards that come up for sale every year. Rob Lifson and Mastro seem to handle a few million a piece in pre-war cards.
I think your analysis about E107s is slightly incorrect. If any set had all the owners sell, of course supply would be saturated. That being said - I think there is sufficient demand out there for E107s relative to supply to not worry about relative price decreases. The same cannot be said for other vintage pre-war sets. There are frankly less E107s out there than there are any of the T-206 "toughies".
There is sufficient liquidity in the market. As prices rise, and some collectors age - some decide to sell. Where else can such vintage treasures be unearthed every 3 months in Mastro and annually by Lifson and others?
If you believe in the free market - and generally believe that there are few out there hoarding any specific card or set - they you would have to believe that prices as they are today are "in line" with where they should be. In that context, a VG E107 card is often worth more than a NM T-206 counterpart. The same can be said for numerous vintage sets that are not named T-206 or Cracker Jack.
~ms