Milford, MI
Quoted from irobot:Prices will continue to climb as long as more buyers exist than games for sale.
Price is the AGREEMENT POINT between SUPPLY and DEMAND.
Suppose a movie comes out that features a neato car. In few weeks, the prices will go up 50%. Sometimes 500%. Because the DEMAND went up 500%.
Before the Tucker movie came out, you could buy a Tucker Torpedo for $50k or less.
Now it's a $2 million car. Because the movie made 230 million people aware of the car. Instead of a tiny handful of collectors.
If the economy tanks, you'll see the prices of pins come down as the number of buyers drops and the number of sellers increase.[quoted image]
The movie came out in 1988 at that time cars were about 50K, but in the last 10-15 years with televised auctions has prompted those with serious money to bid on the 51 cars produced. so 34 years later Boom price explosion.
