Posted By:
DJJim,
I don't want to attack your theory that: low-mid grade collector is becoming less important to the hobby in general, but that is truly absurd to me.
There are more of "us" then "you" and don't you think there are hundreds who have the funds to drive the price up, while ten's and ten's of thousands who bring attention to the lower condition items? I wouldn't be surprised if the big dollar collectors represent 5% of the overall purchases.
I agree that by pulling up the 8's, it also pulls up the 5's. It's all about collecting tiers (stairs) to what you can afford to collect and enjoy.
You take for instance the T206 Mike Donlin Fielding. There are three PSA8's in existence according to the PSA registry. None higher. So that's at least a $4,000+ card because of the Registry, right? After all, how many Donlin's exist? Fifty thousand (?), but PSA has only graded 54 of them (from PSA4-8)? How many 8's exist in binders? How many 7's are graded 8's? How many 7's should be 8's?
Jim, notice my civil pattern? Far from what you accuse of me adding to tiresome threads, right? Outside of one thread toward you (which I apologized), I have been civil with you and basically disagreed with you... which is my right. 
DJ