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I've always wondered this. When you look at SV, Book value, value in general, the 1952 Topps Mantle is not twice as valuable as a 1933 Goudey Ruth, but approximately FIVE TIMES the value of a Ruth.
OK, it has got it be demand, and demand only cannot explain a 5x value of one card over the other when looking at these factors: Production numbers are unknown, but I am guessing the Mantle was printed 10x more than the Ruth, which makes the Ruth more scarce (we would assume, can anybody be more accurate with production numbers ?) The card is 20 years older (So if these cards were in the same condition, this is a huge factor) Mantle was a Yankee, so was Babe Ruth. and the big one, Babe Ruth is considered the greatest baseball player of all-time. For stats, it could be argued that Mantle is not in the top 10. Do you really think demand is the cause of this, because the Mantle is the post-war holy grail, must have card? Also, the T206 Ty Cobb, would be a whole other topic when comparing it to the 1952 topps Mantle. because of multiple Ruth and Cobb's in their respective sets, does that hurt their value when comparing to the 1952 Mick?
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