Once upon a time, there were three very small companies supplying buggy whips to the hundred or so people still driving buggies. The owners of the three companies were just scratching by... until one of them decided to start a buggy whip forum on the web.
Two years later... the forum had attracted all of the buggy drivers, as well as thousands of others who thought it would be cool to drive a buggy. Millions of buggy whips were now being manufactured in several countries. People who found old buggy whips rotting away in the old family barn listed them for hundreds of dollars on eBay. This fueled a frenzy of buggy whip collectors who just had to have a buggy whip made in the year they were born. Other websites listed dates of manufacture and identifying features.
The three original small buggy whip manufacturers all had public stock offerings and it was reported in the Wall Street Journal that they actually got rid of their buggies and bought shiny new Jaguars.
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Yes this sounds a bit absurd, but here's the thing: over the past few years, I've been on at least a half dozen forums in which members competed with each other for a limited supply of various old items --- with everyone believing that the more they paid for these "antiques" the more valuable their "collection" became.
Two years later... the forum had attracted all of the buggy drivers, as well as thousands of others who thought it would be cool to drive a buggy. Millions of buggy whips were now being manufactured in several countries. People who found old buggy whips rotting away in the old family barn listed them for hundreds of dollars on eBay. This fueled a frenzy of buggy whip collectors who just had to have a buggy whip made in the year they were born. Other websites listed dates of manufacture and identifying features.
The three original small buggy whip manufacturers all had public stock offerings and it was reported in the Wall Street Journal that they actually got rid of their buggies and bought shiny new Jaguars.
------------
Yes this sounds a bit absurd, but here's the thing: over the past few years, I've been on at least a half dozen forums in which members competed with each other for a limited supply of various old items --- with everyone believing that the more they paid for these "antiques" the more valuable their "collection" became.