Posted By:
Rickpre war cards are not endless ..they are quite finite.
The price paid for these high end cards has to do also with the percieved scarcity.
lets say there are 10 possible PSA 8+ quality-206 cards for a particular player. ( lets assume that not " new" ones can be made by doctoring etc)
...some people believe that we have reached a point where at least half of those cards are already graded.
some people believe we are either at 25% or 75%
Sooner or later grading will mature to a point when a noticeable majority of these 10 high end cards will be graded.
lets say 3 are graded right now and 5 more will find their way into a holder in the next 10 years..somewhere in the world there is 2 raw ones.
at this point an atrition becomes pretty significant ...a fire , a flooding etc could cause as much upset in the market as to balance out any new discoveries.
the real question is wether the market will or will not absorb the 5 cards that were introduced in the last 10 years.
I think it could...But then again ...i dont have 155 T-206 psa 8's cards
I would be hard for me to speculate on the future when you have an easy half a mill sitting around