oversaturated
I like having a fluid market and look forward to the many auctions. It shows the "real" prices because of the true match of supply and demand. Only havng them once a year can create distortions which may artificially raise prices. In terms of quality material we only have about 6 houses and while it is true we have an auction going on almost continually, the real gems are still rare. I only see a Kalamazoo Bat or Yum Yum two or three times a year. Yes we see the 52 Mantle alll the time and that may keep prices down. I am sure the frequency has affected prices for 1950's Topps and Goudey Ruths for example.
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