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JimBI think Jeff's buying patterns may be more typical than the handful of big name collectors putting together T206 sets in PSA 8s. Though there will also be more of those types of collectors on the way as well. It is not as though once Marshall Fogel, Scott Ireland, and Don Luchios all have their sets, the market will crash. For sets like T206 or 33 Goudey, the market is simply not that thin. SOme people want just a few samples. Some collect players or teams. Some collect HOFs. My T206 set ranges from PSA 1 (a Drum back example) to PSA8 (I sold a PSA 9 Johnson this year and replaced it with 5). OVerall my set averages EX and 90% of the set or more is in the vg/ex to ex/mt range, but I do have a handful of really nice HOFs in high grade that I love. Already having a mid-grade Lajoie with bat won't preclude me from buying a high-grade example some day because it has always been one of my favorites in the set. I was lucky enought to put together a high-grade E93 set before most of the prices got too crazy. But I am also happy with nice looking vg and vg/ex cards in other E sets and in 19th century material. My point is that there are a lot of collectors who purchase a wide range of conditions. It is tough to pin people down to one strict pattern.
JimB