You're both comparing the intial market offering to the secondary market, which is a whole different ball game. By this logic Walking Dead #1 should be sold at cover price. As Lazyboy pointed out, there is nothing "limited" about an electronic that can be duplicated over and over as the same. With collectibles the initial offering is made once offered to the public and that's it. To be fair, Spreads did state that this model only applies to collectibles. But....how do you think all of those Tickle me Elmo's and Playstation's end up on Craigslist for inflated prices every Christmas? Secondary Market, the initial market supply did not meet the demand.
With the comparison to an Apple product, can you image if they only made 1,000,000 iphones? That's it, done. They would be well over $1k each on the secondary market.
This only applies to collectibles thought, right? Well, not exactly. Think about when a professional service is offered, say an attorney. When they start out, learning the profession, they charge a nominal fee. In 20 years once they have the experience are they still charging the same fee? I really hope not.
That concludes Microeconomics 101 for the day. Test next Thursday.
If you could buy yourself for what you're worth, and sell yourself for what you think you're worth, you'd be very wealthy. Finghanomics 101 for the day.