Posted By:
JimCrandellBarry,
The number is probably well above 50%. I know a couple of graded card collectors that In think spent $3-$5mm last year on cards. Take the midpt and thats $8mm. Some 800 lower grade collectors would have to spend $10,000 apiece to match this. But what you may be missing is that I think there hundreds of collectors who spend $25,000 or more on high grade cards--and I think I am being conservative by setting the bar low--thus my point is that there is a large mass of collectors who collect high grade only, perhaps not as many as low-to-mid grade but a lot in numbers.
Jim