A family in Michigan recently found an 1894 football card for "Anonymous"—the Harvard player's name was left off. Dealers estimated the card's value at $10,000 to $18,000. Which of the following is most likely a significant driver for the price?
A) quality
B) respect for Harvard
C) historical value
D) scarcity
E) nostalgia
Answer: D
Explanation: D) Assuming some level of demand, the more scarce a product is, the higher the selling price. This football card is extremely rare.
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