Thoughts on T206 Hoarding/Creating scarcities

[ullmandds]

So it seems that a trend has formed over the years where some people are "hoarding" certain T206's so as to create the perception/reality that they are tough to obtain...thereby driving prices up.

Such cards are:

-Titus
-Pelty
- Shag schaughnessy
-Doyle hands above head

This "tactic" seems to be working based on the "scrambling" to obtain these such cards by members of this site.

Is this justified? Is this a legitimate/effective tactic? Thoughts?

[Mikehealer]

I don't think it's as effective as that guy that's hoarding all the Miller "big glove" cards. Now that guy knows what he's doing.

[4815162342]

Originally Posted by Mikehealer

I don't think it's as effective as that guy that's hoarding all the Miller "big glove" cards. Now that guy knows what he's doing.

I agree with you Mike.

[ullmandds]

you guys are funny...I only want 1 of each...that's not hoarding!!!

now I agree regarding the doyle...different kind of hoarding...I suppose you can add the magie/ee to that list as well.

I'm referring to the Shaughnessees...the peltys...the titusii!

If noone wants to discuss this we can discuss mello mint/t213 type 2 hof hoarding instead!!!!!

[I Only Smoke 4 the Cards]

Not my thing but to each his own. I wouldn't fault someone for having a different collecting interest.

Some people will always do this type of thing. When I was in college I was collecting the entire universe of comic books (Valiant Universe) that I read with my dad when I was a kid. Most of the collectors were helpful because the comics are not that valuable but some guys hoarded like crazy. There were some guy who bought every copy of a particular issue that was up for sale they had literally hundreds of copies.

[markf31]

I've often thought about this phenomenon but isn't one of the problems with trying to create a perceived notion of rarity/scarcity the population reports? I know the pop reports can be quite inaccurate and misleading at times given crossovers and popping to resubmit, but that only artificially inflates the populations. Its not like someone can deflate the population numbers when they hoard.

[Leon]

Originally Posted by ullmandds

you guys are funny...I only want 1 of each...that's not hoarding!!!

now I agree regarding the doyle...different kind of hoarding...I suppose you can add the magie/ee to that list as well.

I'm referring to the Shaughnessees...the peltys...the titusii!

If noone wants to discuss this we can discuss mello mint/t213 type 2 hof hoarding instead!!!!!

It's only been 27 minutes since you started the thread Pete. Give it a few minutes, there will be more responses.

The hoarding of the players you mentioned is a good subject. The only one I see that way is the Shag card......and maybe the Titus, a little bit. But mainly I think they are just poses that are collected more....like your Big Glove dude and this Oakes pose...

[Jayworld]

Last year I thought I would start getting all the different backs of the Wiltse portrait with cap (not sure why I like that card, but I always have), but after acquiring a Sweet Caporal, Piedmont, and Old Mill example, I changed gears and decided to sell all but the SC and focus on getting one of each T206 that I like. So, was I a hoarder for a brief time? No, I don't think so; I think different back collecting of the same card is different than trying to buy up all examples of a certain card in the set….

Regarding the topic, are we talking about getting all cards, for example, Titus, available, or buying all the cards of a particular back, or ???

[Pat R]

Pete, I don't know how effective it really is, in the end the hoarder is the one
who is overpaying for most of these cards. The people who are benefitting
from this are those that are selling them for 5x+ what they payed for them.

I for one will never buy a Titus for what they are selling for now. Two recent
sales: Titus PSA 3 $290 Dahlen (Brooklyn) PSA 3 $305. I know you don't collect t206's anymore but if you did which one would you choose?

[bn2cardz]

Originally Posted by ullmandds

So it seems that a trend has formed over the years where some people are "hoarding" certain T206's so as to create the perception/reality that they are tough to obtain...thereby driving prices up.

Such cards are:

-Titus
-Pelty
- Shag schaughnessy
-Doyle hands above head

This "tactic" seems to be working based on the "scrambling" to obtain these such cards by members of this site.

Is this justified? Is this a legitimate/effective tactic? Thoughts?

I was under the belief that the Doyle wasn't being hoarded as much as some people were literally trying to create a scarcity by adding some extra text.

[MVSNYC]

"...so as to create the perception/reality that they are tough to obtain."

I could be wrong, but i doubt these collectors are intentionally doing this to create scarcity and drive up prices. collectors (myself included) can be very "OCD", and collecting multiples of a player (i don't do this, for the record), can be part of their collecting habits/goals.

I really don't care if someone buys 40 (or more) of the same player, to each his own. seems like the people that get pist are the ones having to pay high prices for these cards. me, i could care less.

[barrysloate]

It's nearly impossible to corner the market on any T206 when there is so many of each player available. Buying thirty or forty Tituses won't make a dent when there are several thousand out there. Eventually a collector doing that will burn out...hopefully.

[DeadBallEraCubs]

Before I had to sell my collection off in 2008-09, I collected strictly Cubs T206's with the "CUBS" across the chest. These were the cards I liked to collect the most, many of which had Hindu backs. I of course went after the Hindu's but then started focusing on the Lundgren EPDG back and of course my favorite card from the set back then, Reulbach (Glove Showing).

I ended up hoarding these cards but it wasn't to drive prices up. I tend to find myself appreciating "weathered" cards more then higher grades. I think each individual card exhibits character this way and has a story. Where has it been, who owned it, how did it survive 100+ years?? For that reason, I collected as many of my favorite cards as I could. When it was all said and done, I had 38 Reulbach (Glove Showing) and 17 Lundgren (Chicago). Those were the ones I collected the most but still had a whole slew of the other "CUBS" cards that I collected multiple backs for.

I think there may be a few out there that have an idea that they can drive the market up by hoarding but I think everyone else that does it, does it because they appreciate each and every card. Just my .02

[frankbmd]

Pete, would my harem be considered hoarding by your definition?

[Paul S]

I think that's considered nirvana.

[ullmandds]

As long as you share with me, Frank...I'm cool with that!

[MVSNYC]

Barry- not so sure there's "several thousands" of each player out there. maybe for some, but i'd guess most players are less than that.

[ctownboy]

A little off topic.....I don't know if they are still doing it but years ago there was a person or family in Madison, Indiana who was buying all the 1933 Goudey Tommy Thevenow cards they could find. Thevenow was from Madison and he was their relative.

The last I heard, they had many (a hundred or more?) of his cards and were paying what ever it took to get them. I heard they were, at first, buying them to be able to give one card to each relative in the family.

David

[Exhibitman]

There are certain cards I will bid on whenever I see them because I feel they are undervalued and would not mind owning them at my price point. I consider that smart trade fodder stockpiling. There is one card that I hoard, 1928 Exhibit Ray Miller:



No variation will get past me if I see it and I will usually win any duplicate of cousin Ray's card as well.

I can understand the frustration of people who can't work whatever project they are on because of the hoarding, but that just means you have to out bid the hoarders. I got outbid late last year on what would have been card #10 for me.

On the 1969 Jackson, I read that RJ was collecting a copy for each of his home runs, which he intended to autograph and market. As I recall, he got a few hundred and then the Oakland Hills wildfire destroyed his home with the cache of cards in it. Doesn't seem to have affected the supply...

Last note, on Shag Shaughnessy, I always thought that hairdo on the card was a prank but now I see the picture of him and holy crap, he really does have that 'do! I guess if I had a head of hair like that I'd wear it like bird plumage too. Won't have to worry about that unfortunately...