Quote:
Originally Posted by ls7plus
A collecting friend of mine had a discussion similar to this back in the early to mid-nineties. One problem with Trout cards is that there are so many of them, which unavoidably fragments demand. You can't look at a gold refractor rookie and say, "well, there's only 50 of them" and have that fact be meaningful, when he may have 89 other "rookies," which will satisfy the demand for many collectors. Our conclusion was that it essentially does not matter if you produce a million of the same card for the player's rookie, or a million different cards, one of each. The value will be the same.
Sincerely,
Larry
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Well put. The manufacturers seem to have done a good job of creating artificial demand for cards artificially limited in supply, but I have my doubts whether those values will really persist. For example, there's nothing particularly valuable about a Mike Trout autograph, I am sure by the time he's done he will have signed countless times, if he has not already. And there's nothing inherently meaningful about a gold versus silver versus blue card; one could create the same artificial scarcity by putting out a regular version of a card and a few with a red dot. So what?