People should ask each other questions like this:
Which is more likely to appear in the hobby in the next 10 years: ten more PSA 6 1952 Topps Mickey Mantles or 10 more PSA 8.5 1965 Topps Joe Namath's? With this Namath sale, they will be roughly at the same value.
The problem with population-based scarcity is that the value only holds up (relative to other similar cards) if the population stays low. My bet is that in general, the older the card, the more likely the population stays lower. As card prices for newer cards blast off, more and more people will be digging through their possessions looking for these cards.
jeff
P.S. Still agree that high grade Namath's will do very well in the future for all of the reasons mentioned by others. It is an iconic card as is the Mantle.
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