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#1
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Scarcity, Real, Artificial, and Imagined
Posted By: peter chao
Guys and Gals, |
#2
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Scarcity, Real, Artificial, and Imagined
Posted By: peter chao
For those that didn't notice. Graded cards is part of the discussion. On the above spectrum, I see graded cards as being part of the real scarcity and also partly artificial. The artificial part comes from the registries. |
#3
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Scarcity, Real, Artificial, and Imagined
Posted By: Marc S.
Given those three choices, who wouldn't want to focus on real scarcity? |
#4
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Scarcity, Real, Artificial, and Imagined
Posted By: Jeff Lichtman
I prefer to focus my collection on imagined scarcity. I also suspect the moon is made of green cheese so don't give me a hard time here. |
#5
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Scarcity, Real, Artificial, and Imagined
Posted By: Marc S.
How is graded scarcity artificial? You surely are not suggesting that Randy Stucklemeyer's 1914 Cracker Jack set, replete with SGC 96 and 98 examples, is likely to deflate in the future because a myriad of MINT and GEM MINT 1914 CJ's come out of the woodwork. Right? |
#6
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Scarcity, Real, Artificial, and Imagined
Posted By: peter chao
Marc, |
#7
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Scarcity, Real, Artificial, and Imagined
Posted By: Marc S.
that "chaos" is part of your username? I think it is an accurate assessment... |
#8
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Scarcity, Real, Artificial, and Imagined
Posted By: Rhys
I think the percieved scarcity issue is big with both popular E cards and Old Judge cards. People talk about E94-E98 cards as if they are extremely difficult to find relative to other issues. While they are tough, I think the hoarders of these issues tend to make them appear scarcer than they actually are. All it takes is 5-10 hoarders to scew anythings appearant scarcity. The same is true with Old Judge cards. 5-10 collectors each with multiple thousands of cards means that there are 20,000+ Old Judge cards out there that someday will probably hit the market again but have been secured away creating the appearance of a more scarce product than actually exists. I am not saying these issues are overvalued or that they are not scarce to begin with (IE E94's etc). I am only saying that they appear to be more scarce than they actually are because of the hoarders and intense collectors of these issues who stockpile hundreds of them away and essentially take them out of circulation. |
#9
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Scarcity, Real, Artificial, and Imagined
Posted By: davidcycleback
I think investing in minor league prospects is an example of #3. You hope the player becomes a star in a couple of years and everyone wants his card. In a way, it might be an interesting game. |
#10
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Scarcity, Real, Artificial, and Imagined
Posted By: peter chao
Percieved scarcity, I would put that under imagined scarcity. It could be that the hoarder is getting doubles and triples because they think that in the future a lot more people will want the card. Alternatively, it could be imagined by the individual. They see a dozen card #3s in the '33 Goudeys and they imagine there should also be a dozen #4s in the '33 Goudeys. |
#11
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Scarcity, Real, Artificial, and Imagined
Posted By: davidcycleback
I think your example for #2 (52 Hi Numbers dumped in ocean) might be imagined. |
#12
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Scarcity, Real, Artificial, and Imagined
Posted By: David Smith
I will take REAL scarcity over any other type. By REAL scarcity I mean things like T231 Fans cigarette cards and Cap Anson in uniform Old Judges. It appears there weren't many of those made to begin with so there probably wont be many more coming out of the woodwork. |
#13
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Scarcity, Real, Artificial, and Imagined
Posted By: Paul S
David, don't be so sure. Don't you know about the time I ordered flounder at a seafood restaurant and when I went to cut the first piece....... |
#14
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Scarcity, Real, Artificial, and Imagined
Posted By: peter chao
I like to think that most of us will pursue real scarcity or imagined (percieved) scarcity. What I detest is artificial scarcity. That seems to be what the card manufacturers' do today to sell cards. They want you to blow your money to find 1/1 scarce bat chip cards and stuff like that. |
#15
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Scarcity, Real, Artificial, and Imagined
Posted By: davidcycleback
Peter, I think most people in general agree with you, except most people think the 52 Topps high numbers are good cards to collect. |
#16
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Scarcity, Real, Artificial, and Imagined
Posted By: Cobby33
Technically, all cards are 1/1. Each and every single card is unique. |
#17
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Scarcity, Real, Artificial, and Imagined
Posted By: Frank Evanov
I recognize perceived rarity as a truer anomaly than implied scarcity, especially if the issue in question is quantity challenged as opposed to quality challenged. Then again condition sensitivity may lead to a plethora of uniqueness which could have serious repercussions on the paucity of an item. |
#18
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Scarcity, Real, Artificial, and Imagined
Posted By: Jeff Lichtman
Frank, thanks for clearing that up for us. |
#19
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Scarcity, Real, Artificial, and Imagined
Posted By: davidcycleback
Is a bag of potato chips one thing? Two? Many? Other? It all depends on how the counter looks at it. |
#20
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Scarcity, Real, Artificial, and Imagined
Posted By: Marc S.
Is the shortage of applesauce at the local supermarket evidence of real scarcity, perceived scarcity, imagined scarcity, or apple scarcity? |
#21
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Scarcity, Real, Artificial, and Imagined
Posted By: Jeff Lichtman
These potato chips are making me thirsty. |
#22
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Scarcity, Real, Artificial, and Imagined
Posted By: peter chao
David C., |
#23
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Scarcity, Real, Artificial, and Imagined
Posted By: Ed Ivey
I thought scarcity was just rarity plugged into supply/demand. Real or imagined, it seems forever changing. |
#24
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Scarcity, Real, Artificial, and Imagined
Posted By: barrysloate
Looks like Jeff gave up his pretzels habit. |
#25
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Scarcity, Real, Artificial, and Imagined
Posted By: Marc S.
Are modern cards in poor condition considered scarce? If so, what type of scarcity? Since people today generally protect their cards, I imagine it must be significantly rarer to find a Ken Griffey Jr. rookie in poor condition than in mint condition. |
#26
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Scarcity, Real, Artificial, and Imagined
Posted By: Paul
Topps didn't dump the 52 high numbers in the ocean to create scarcity. The cards are scarce because no retailers wanted to buy them in 1952. They sat in a Topps warehouse until about 1960 when Topps officials dumped them into the ocean to save storage space. |
#27
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Scarcity, Real, Artificial, and Imagined
Posted By: Brian Weisner
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#28
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Scarcity, Real, Artificial, and Imagined
Posted By: barrysloate
With today's technology many shipwrecks that were presumed lost forever have now been found, and fabulous jewels, silver and gold coins, and other artifacts have been brought to the surface. |
#29
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Scarcity, Real, Artificial, and Imagined
Posted By: Jeff Lichtman
Barry, your math is still wrong and these pretzels (and potato chips) are still making me thirsty. |
#30
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Scarcity, Real, Artificial, and Imagined
Posted By: barrysloate
A previous poster mentioned they were dumped in 1960, and I used that date. That's nearly fifty years ago. |
#31
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Scarcity, Real, Artificial, and Imagined
Posted By: Jeff Lichtman
Barry, one of the topics at the NY Dinner Thread II Dinner IV (?) will be the recent sighting of the Loch Ness Monster with a crate of 52 Topps under her arm. |
#32
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Scarcity, Real, Artificial, and Imagined
Posted By: David Smith
But Barry, if you ate the pretzels while in the ocean looking for those 1952 Topps cards, wouldn't they then be salted?? |
#33
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Scarcity, Real, Artificial, and Imagined
Posted By: barrysloate
Salt water is very corrosive. I'll say those high numbers were destroyed in a day or two. |
#34
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Scarcity, Real, Artificial, and Imagined
Posted By: davidcycleback
Scarcity is defined by supply versus demand (supply less than demand). Rarity is a measurement of amount only. How popular or unpopular a card has no effect on it's rarity, but would on its scarcity. A standard if imperfect measurement of scarcity is sales price. |
#35
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Scarcity, Real, Artificial, and Imagined
Posted By: leon
I will always take real (quantity of cards know in total in set) scarcity over "grade" scarcity....but that's just me. I tend to like things others don't, so much..... |
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