I suppose it appeals to a specimen collector who simply wants an example of that particular clasp, a regimental collector, who requires multiple examples to recipients in his chosen regiment/corps and lastly, the campaign collector, who would also require a number of examples.
I suspect that is all that is needed to maintain a rather buoyant marketplace, even in these hard times.
djb wrote: The 14 Elandslaagte QSAs today ranged in hammer prices between £340 and £1,400 with a mean of £660.
Surprisingly, the re-impressed medal to Lieut: A. Brockie. Johan. M.R sold for a hammer price of £1,400. I didn't expect that.
I did expect the ILH QSA to 527 Serjt: H. C. Benson. Imp: Lt. Horse to sell well. Its hammer price was £950.
Sgt Adam Brockie, of the ILH and Lieut Johannesburg Mounted Rifles, was captured at Bulwana Kop on 15 Nov 1899 and imprisoned with Churchill in Pretoria.
According to Churchill,in London to Ladysmith, Brockie obtained news from a ZARP, this was considered somewhat unreliable, and was referred to as a "Brockie-gram".
He subsequently escaped with Le Mesurier and Haldane, after hiding with them in the floor of the State Model School for 18 days. On 16 March 1900, during the removal of prisoners to Waterval, they stayed hidden and were able to stroll out of the emptied prison.
He was separated shortly after the escape, but made it successfully to Lourenco Marques, arriving before Le Mesurier and Haldane.