| The Glory of the Seas shell rarity would continue to enjoy spirited demand and lofty prices for nearly two centuries. However, with the advent of scuba diving gear and the subsequent 1969 find of the seashell's habitat in the Philippines, the market was flooded with hundreds of impressive examples. The price collapsed, as anyone who wanted one had a large selection from which to choose. Now, one can be added to any collection for $100.
Shell collecting or the desire for a single representative example is still a popular pastime. It is also, in this particular case an excellent illustration of the economic power of supply and demand. |