As said before, demand definitely outweights supply when it comes to the Babe. I think some are overestimating how many cards are out there. Only the Goudey 144 has over 1000 in the pop report. Throw in others graded by other TPG's and the number of raw still out there, I just don't think it's as many as some people think.
The other thing I think people sometimes forget when talking about the number of something in existence is the number that exist that are actually on the open market. Way more people that own them and have no intention of selling anytime soon than people who are willing to sell them.
For anyone that has tried winning a Babe Ruth card at auction in the last couple of years, it's not that easy.
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