Hi Numbers
I hear you. I have never completely understood this as well. I am working through these issues with a '72 Topps set. Most seem to think the semi-high numbers and high numbered cards were probably produced in equal numbers - yet often there is a noticeable price difference (even in the high numbered series). I am still trying to figure this set out and don't understand all of the nuances yet.
In modern cards, a number of dealers price higher graded Desert Shield cards based upon population reports and hence perceived scarcity. This is a different issue but the principal appears to be the same. Every card was produced in equal numbers, so logic would seem to dictate that the short term scarcity of a highly graded card should not necessarily dictate a higher price. Population scarcity of higher-graded cards should even out as more cards are graded. I guess in this case pricing is based upon demand, as it should, as demand is affected by perceived scarcity...but still....
Zach Wheat
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