Scarcity and Price

[HTatML at aol.com]

Scarcity means availability of an item. that something is scarce does not 
mean it is expensive. Nor does the fact that something is scarce mean it is 
cheap. the other side of the equation is demand and demand is probably the more 
important part of the equation. Napoleon's signature is not scarce. However, it 
is expensive, which illustrates what I mean. Over the years the situation has 
changed with ML. I refer to ML with at least VG dust jackets. Shaw, Corneille, 
Shakespeare etc were easily available. Now they are not, particularly for 
Shakespeare. Though the demand for them has probably dropped the price for pretty 
copies has probably gone up, at least for the Shakepeare. 



Henry at Books etc
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