Let's discuss conspiracies and a billion dollar fraud

[steve B]

Originally Posted by Mark17

I don't follow the logic. Assets follow the basic principle of supply and demand. Now, for example, let's say there is a specific high demand card where only 5 legitimate PSA 8s exist. That isn't many, and for high-rollers who really want one, the price, naturally, will be pretty high.

But then the Asset Doctors come along, and, using lower-graded or ungraded cards, produce another 5 PSA 8s. Now there are 10 in the market, which makes them half as scarce.

Doesn't it make sense that the price of an asset, all things being equal (same asset, same grade, same TPG) will be lower if 10 are in circulation, rather than 5?

I think PSA, their numeric grading, and their registry create demand that inflates prices. But what the Doctors are doing, creating more of those higher grade cards, must have a somewhat mitigating impact, assuming the age-old concept of supply-demand is valid (and it is.)

If only it worked like that.

How many cards are harder to find that the T206 Wagner? Hundreds? How many are worth as much?

The most valuable card in the 52 Topps High number set is a double print.

The demand matters more than the supply, in most cases far more.
Even for cards that are truly rare in high grades, that shouldn't necessarily translate into higher prices for lower grades, which are simply commons.
But that's not reality.