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T206Collector...consistently over pay for T206 cards while they're putting together their collections via ebay, it causes other collectors to have to raise their prices dramatically in order to compete with them. This causes a spiraling up of prices.
Yes, supply and demand are at work here and, yes, that is the American way. But I think that you see this sort of behavior right before a bubble bursts -- and I know, we can all cheer for that when it happens.