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-   -   The Great Flood Drought of '64 (http://www.net54baseball.com/showthread.php?t=193087)

4815162342 08-28-2014 01:02 PM

The Great Flood Drought of '64
 
http://www.sportscollectorsdaily.com...-flood-market/

http://a.espncdn.com/photo/2014/0826...ww_576x324.jpg
Quote:

Today he owns some 4,000 copies, likely close to a quarter of the population.
Now that's hoarding.

ALR-bishop 08-28-2014 03:19 PM

Avid collector
 
"I think in collecting there should be something called 'the reindeer effect'. I don't know exactly what it would be, but it would be neat to say, 'this is a terrifying example of the reindeer effect' ".... Jack Handey

brewing 08-28-2014 05:02 PM

So all it takes is to remove 4000 cards to make the price quintuple.

campyfan39 08-28-2014 05:57 PM

4k cannot be 25% of the cards out there can it?
Also it seems a little weird and selfish to me to try to buy all of the cards I mean what enjoyment can that really bring?

granite75 08-28-2014 06:30 PM

When he dies, the market will be Flooded.

almostdone 08-28-2014 07:37 PM

Quote:

Originally Posted by granite75 (Post 1315666)
When he dies, the market will be Flooded.

Boooo

vintagecpa 08-28-2014 08:15 PM

I don't know how his relatives will ever rewind this collection. Can you imagine 4,000+ of these cards hitting the market without him bidding them up?! Even if you try and slowly sell it off, selling one card a day will take 11 years at the current inventory.

BearBailey 08-28-2014 10:22 PM

Now I understand why it was so hard to find that card when I completed my set around 5 years ago. How long has he been collecting them?
And Why?

glynparson 08-29-2014 04:36 AM

Why Selfish?
 
If it brings him joy. It is rather judgmental to criticize the man for the way he enjoys collecting cardboard. It is rather selfish of the individuals that claim this will cost them more to buy a flood 1964. why do they have a right to own a card, or at least feel or express that they do?

savedfrommyspokes 08-29-2014 06:10 AM

IMO, no matter how many copies of this card he has accumulated to this point, the price for ungraded, less than high grade copies will subside once he "retires" from his current and ongoing endeavor of acquiring as many copies of this card as he can, as the market will become "saturated"(not flooded).

Leon 08-29-2014 09:23 AM

Quote:

Originally Posted by glynparson (Post 1315826)
If it brings him joy. It is rather judgmental to criticize the man for the way he enjoys collecting cardboard. It is rather selfish of the individuals that claim this will cost them more to buy a flood 1964. why do they have a right to own a card, or at least feel or express that they do?

I am with you on this one Glyn. I think the guy should buy 4000 more if it makes him happy.

HRBAKER 08-29-2014 12:21 PM


why do they have a right to own a card, or at least feel or express that they do?



Glyn,
It's referred to as the "John Titus" syndrome.

barrysloate 08-29-2014 01:15 PM

My question is what makes him happy about buying the same card every day? I know there is no right or wrong way to collect, but in this case I just don't get it.

whiteymet 08-29-2014 08:36 PM

64 Flood..... 58 Hemus.....
 
I recall a guy back in the day at the old Willow Grove, PA shows outside of Philly doing the same thing with the 58T Hemus card.

Any Philly guys recall this?? Ted Z?????

mrmopar 08-29-2014 08:57 PM

makes me want one

ALR-bishop 08-30-2014 07:04 AM

Wanting One
 
Quote:

Originally Posted by mrmopar (Post 1316219)
makes me want one

That's the reindeer effect

SmokyBurgess 08-30-2014 07:15 AM

Quote:

Originally Posted by whiteymet (Post 1316211)
I recall a guy back in the day at the old Willow Grove, PA shows outside of Philly doing the same thing with the 58T Hemus card.

Any Philly guys recall this?? Ted Z?????


Was the this same guy featured in SCD who then complained about the high prices on this card and refused to buy them at that price at card shows?

brett 75 08-30-2014 05:38 PM

Quote:

Originally Posted by vintagecpa (Post 1315728)
I don't know how his relatives will ever rewind this collection. Can you imagine 4,000+ of these cards hitting the market without him bidding them up?! Even if you try and slowly sell it off, selling one card a day will take 11 years at the current inventory.

Would there be enough people actually interested to sell all of them ? How many collectors want or still need this card ? Could take even longer to sell off. Looks to me like a lot of $ invested in cards and grading . I myself prefer a little more diversified collection but to each his own. Brett


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