I'd have to disagree with that notion, I think scarcity does play a role in determining value/pricing... just ask anyone looking to buy a K-32 Masterpiece.
There's nothing remarkable about the K-32 feature wise, they are basically just a .32 caliber in K-38 clothing. But the limited production numbers serve to keep their prices high, because they are desired due to the scarcity of them.
The Lew Horton (and RSR) specials are non cataloged versions and that is what makes them unique and desirable. They were produced in limited numbers... making them harder to find which adds to price due to the law of supply and demand.
One of the things unique to the early Lew Horton N-frames was that they were round butt frames, long before S&W standardized the N-Frames to that configuration, so it's not just the 3" barrel that set them apart from the regular production.
It's like the chicken or the egg question when it come to scarcity versus desirabilty... it can be either or both that affects pricing.
Last edited by Gunhacker; 11-19-2009 at 05:35 PM.
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