Quote:
Originally Posted by bbsports
It may be hoarding because there are so many Titus cards in general. However, 13 T206 ungraded Titus cards, I wouldn't consider hoarding. In the T206 set, there are many individual players that collectors have 40-50 of that particular player. It may be because there's a relative in the family of that particular player or it may be that person's favorite player. In the hobby today this is getting to be pretty common.
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I totally agree, 13 cards of a single t206 seems rather minimal to me. Think about all those collectors making back runs. Many runs will consist of more than 13 cards.
If I make the assumption that 1,000,000 T206's are held either in private collections and say 25% of those are for sale in one way or another, thats approximately 500 cards of each player. Holding 13 of a potential 500 that could be sold is only 2.6%, and I think many of us would agree my estimates for the population of cards is low.
The fact that one individual is currently purchasing virtually every Titus card at whatever price is required to be the top bidder obviously does impact the market greatly.
In my opinion hoarding a certain player(s) is a relative smart practice if you are looking to push up values and have the patience to mete out the cards later on at a slow pace. The practicality of hoarding a single player(s) from a financial standpoint makes sense only if available cards come to market slowly or in a single lot.