I think about this every Saturday when I window shop Pipestud. Pre-McClelland, he was setting modest prices, and things sat for a while. A brother of mine, who started smoking a pipe at the same time I did, sent him some tobacco, and they were, as I said, modestly priced and sat for a while. That same tobacco was priced last week, two years later, at $100+ and didn't make it a few minutes on Pipestud's website. Maybe I'm delusional with this, but I feel McClelland closing up shop set the tin market on fire.
www.tobaccoreviews.com
I'm no economics guru, but if I was in a casual conversation about this, my uneducated commentary would be that at first, the market was setting the prices in a more pure sense. Now, like when coopersark was around, Pipestud has built a name for himself. People are one-stop shopping with him and paying whatever he likes. Yes, some tobaccos sit around until the next week and get slapped with a small percentage reduction, but for the most part, whatever price he sets, he gets. The Pipestud name is now worth something, like my coopersark example. Not only is he one of the only stops in town with that kind of inventory, but people are paying 10-100% more from him just for the name. They're sitting around all week, frothing for the next Saturday sale event. My point being: the market is still speaking loudly, but some of this is other than that.
And we can all see how his prices are dictating the market these days. Check just about any tin sales on the groups these days, and the prices are similar, if not higher, than Pipestud's. Not only is he setting prices, the fact that he practically sells out of everything in minutes is creating a frenzy, fear-of-missing-out phenomenon throughout the community. And I don't want anyone to think I'm talking negatively about him, because I absolutely am not. This is how boutique stores in collectible markets work. Nevertheless, I also do admittedly find it unfortunate.