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#11
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Posted By: Jay Miller
That arguement makes sense for items that are not rare. For rare cards it is unlikely that a collector or two selling off a collection will depress prices (and if they are depressed I believe it will be for a very short term). For common material yes; for rare material no. Unless there is a significant change in the collecting world I see prices for rare cards continuing to escalate. What you are saying does not only pertain to the collecting world. With housing prices spikeing in many areas of the country people who work for some towns(police, teachers, etc) can no longer afford to live in those towns. Isn't this all just a function of the percentage differential in wages between the upper class and the lower class being wider today than at any point in history? Look at the ratio of CEO compensation to that of the average worker. |
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