May 09, 2008
Dump on the Chumps?The question on everyone's mind is "just how many are there?" Helen Keller's "Dump on the Chumps" 45 is rare as hell, at least as found in the wild. But just as with The Meaty Buys 45, years of rarity in the wild could have meant someone out there was sitting on a big stack or box of them all these years. Which seems to be the case with this one. The seller of these was savvy enough not to sell them as a lot but initially to sell them one at a time, and just out of earshot of one another, meaning as the previous listing expired from the database, the next one got put up. This meant the casual shopper couldn't easily search through ebay for the last sold copy.
However, prices plummeted anyways as conjecture pointed to supply, with current prices just hovering north of $300, down significantly from its $1600 peak barely over a year ago. As these records were dumped on the chumps, unwitting buyers who have bought all way way down, a classic case of catching a fallen dagger. An economy case study of supply and demand indeed.

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