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Huh? My post was the very next one and I referenced her comment almost verbatim. I don't see how that was unclear in any way. But OK, next time I'll quote her post for you.
There are a ton of threads here on why badge collectors collect badges. They appear weekly, sometimes daily. All your questions are answered there.
But as a quick summary, I'd say you appear to confusing collectors with dealers. You may also be basing your opinion of collectors on one guy (tyorgegon) who most actual collectors would tell you is not part of our little "community". And I'd say that ebay automatically sets market price. If the opening bid is too high, the item won't sell. So while YOU may consider the opening bid "astronomical" and prohibitive, if someone bids on it, then that's how much it's worth. And I'd say that what drives the price up to astronomical levels is generally not collectors but members. And I'd point out that one of your own beloved sisters is one of these "evil and nasty" pin collectors. All of these points are discussed on recent threads on the subject. Do a quick search on my username and you'll find them. I post almost exclusively on this topic.
EDIT: I went back and removed my "rollseyes" smiley from this post because I sense you really do want to understand this.
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