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Old 12-14-2005, 07:18 AM
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Default Coins vs. Cards -- Anyone here know the facts??

Posted By: Hal Lewis

But Barry...

wouldn't the rich investor have to buy up all of those cards WITHOUT the public knowing about it??

I just can't see this happening.


In other words, I could theoretically buy up every 1951 Toleteros Gibson that appears on the market...

but if everyone keeps seeing these cards coming up for sale, then nobody will consider them rare when I try to start selling my hoard.


Also, if everyone KNOWS that I am buying up all of these cards, then they will know what kind of stunt I am trying to pull when I eventually start trying to sell them for big bucks. They will know that I am trying to set a price and NOT the free market.


Am I right? Or am I missing something from the coin example.

Isn't the "key" to pulling this "cornering of the market" an ability to HOARD up a bunch of the cards without anyone knowing it??

I guess this could happen with a "Factory Find"... but probably not any other way.

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