John Titus-Itus

[freakhappy]

Originally Posted by teetwoohsix

This card used to be as easy to get as most other commons. Now, as you can see in this thread- it seems that someone bought up as many as possible- creating a manufactured scarcity.



I will never pay an inflated price for a card that someone does this with, and in my opinion it's a pretty crappy thing to do (create a manufactured scarcity) to collectors.



Sincerely, Clayton

I agree with Clayton here. I remember when I first started collecting T206's and Titus was definitely as easy as any other and over the course of a year or so, he exploded! I highly doubt I will be paying a few hundred dollars for a PSA 2...especially for a card that simply isn't worth it.



As far as Pelty goes, I don't remember him bringing too much of a premium besides the normal slight premium for being a horizontal card. Lately Pelty has soared and I'm not sure why. I'm not sure how any card that is a common and not designated as a tough common necessarily, becomes tough...unless like Clayton mentioned above...manufactured scarcity.

[teetwoohsix]

Originally Posted by freakhappy

I agree with Clayton here. I remember when I first started collecting T206's and Titus was definitely as easy as any other and over the course of a year or so, he exploded! I highly doubt I will be paying a few hundred dollars for a PSA 2...especially for a card that simply isn't worth it.

As far as Pelty goes, I don't remember him bringing too much of a premium besides the normal slight premium for being a vertical card. Lately Pelty has soared and I'm not sure why. I'm not sure how any card that is a common and not designated as a tough common necessarily, becomes tough...unless like Clayton mentioned above...manufactured scarcity.

Thanks Mike!!

I'm glad you see what is going on. I'm not sure about the Pelty, but I think we have enough on the Titus to understand what's going on with that. I've always seen the horizontal cards being slightly higher- but not like some of the ridiculous prices the Titus cards seem to be fetching.

I want to say I'm not trying to make anyone feel bad for paying too much for a Titus-I am more pissed that I feel some people have been taken advantage of by someone who knows exactly what they are doing by creating the manufactured scarcity of a common card.

Sincerely, Clayton

[glynparson]

This and I fail to see how this is a low road or morally ambiguous. How is it taking advantage of anyone? A baseball card is never a necessity regardless of how we feel about them. I'd be much more concerned with people polluting water then buying up the rights to clean water. We need that to survive we don't need a baseball card. If the same individual purchased 55+ on eBay they were available for others to purchase they just had to pop in one cent higher then the hoarder, who I believe we all know why is he above mention?

[teetwoohsix]

Originally Posted by glynparson

This and I fail to see how this is a low road or morally ambiguous. How is it taking advantage of anyone? A baseball card is never a necessity regardless of how we feel about them. I'd be much more concerned with people polluting water then buying up the rights to clean water. We need that to survive we don't need a baseball card. If the same individual purchased 55+ on eBay they were available for others to purchase they just had to pop in one cent higher then the hoarder, who I believe we all know why is he above mention?

Well, in my mind you have to take a look at the domino effect. If someone creates a manufactured scarcity by buying up all of one particular card- the next thing to follow, is the scenario of other dealers upping the price of their Titus cards-because of course, who wants to leave money on the table? If they sell their PSA 2 for $35.00, when they know one just sold for $200.00 (due to the manufactured scarcity that one dealer created)- they know they are losing money. What dealer wants to lose money? None.

So,,, now, in effect- the hoarder has not only raised the prices for the cards he/she hoarded to create the manufactured scarcity-but the domino effect is other dealers pricing their cards to match what people are paying to the original hoarder. Make sense?

I don't know who it is, or why the person/s are above mention- I'm referring to the obvious scenario. And, I know you have been collecting for a long time, you know this isn't a truly scarce card.

Yes, we can certainly live without any card And, we can't live without water. And, as I said-it's a free country and it's not illegal- I guess it's a matter of principal. And, I may have a biased perspective, because I just collect cards and I don't deal them. So, this practice- purely from a collectors POV, pretty much sucks.

Sincerely, Clayton

[glynparson]

Still fail to see the immorality. So what if you want a Titus for less you can find one it just takes some looking at shows, antique markets, or paper shows as you said the Titus is not a short print there are many out there priced low it's just a little harder then looking on eBay. I've bought a couple over the past year I do not pay more than a common price for either one. If nobody pays more for Titus he would lose his ass. It's capitalism and unless your argument is that is inherently immoral, that would be a much larger debate, I fail to see immorality. I see where you feel entitled to be able to buy something at what you view a reasonable price but I do not see what Bill is doing as immoral.

[teetwoohsix]

Originally Posted by glynparson

Still fail to see the immorality. So what if you want a Titus for less you can find one it just takes some looking at shows, antique markets, or paper shows as you said the Titus is not a short print there are many out there priced low it's just a little harder then looking on eBay. I've bought a couple over the past year I do not pay more than a common price for either one. If nobody pays more for Titus he would lose his ass. It's capitalism and unless your argument is that is inherently immoral, that would be a much larger debate, I fail to see immorality. I see where you feel entitled to be able to buy something at what you view a reasonable price but I do not see what Bill is doing as immoral.

Well, you apparently know the person and I don't so you may have a biased opinion of this due to that aspect?

Yes, it is capitalism and Carnegie and Rockefeller would be proud. But, I cannot convince you now if I didn't in my prior posts that from a collectors POV, this practice sucks. It will have a negative effect for some people at some point. You can buy a HOF'er in similar grades for less.......

At the end of the day, I will still feel the same way about this. I also agree that I'm pretty sure if one looked hard enough, they could find a Titus at a reasonably normal price- I know many collectors and dealers on this board who have always given me nice deals and very fair pricing.

I just hope this doesn't set a precedent for the future.

Sincerely, Clayton

[teetwoohsix]

Originally Posted by glynparson

I see where you feel entitled to be able to buy something at what you view a reasonable price but I do not see what Bill is doing as immoral.

I don't feel entitled to anything. You've missed my points. Anything I say beyond this will just be repetitive, so all I can do now is refer you to my prior posts.

Sincerely, Clayton

[4815162342]

Clayton, how many T206s do you have? I'm pretty sure I've seen you post more than one T206 pickup. Are you not contributing to manufactured scarcity of T206s by buying more than one? Of course! That's because all scarcity is manufactured.

From Thomas Sowell's Basic Economics: "The classic definition of economics is that it is the study of the allocation of scarce resources which have alternative uses. If resources-the ingredients of production-were not scarce, there would be no economics. We would be in an Eden or a utopia."

[teetwoohsix]

Originally Posted by 4815162342

Clayton, how many T206s do you have? I'm pretty sure I've seen you post more than one T206 pickup. Are you not contributing to manufactured scarcity of T206s by buying more than one? Of course! That's because all scarcity is manufactured.

From Thomas Sowell's Basic Economics: "The classic definition of economics is that it is the study of the allocation of scarce resources which have alternative uses. If resources-the ingredients of production-were not scarce, there would be no economics. We would be in an Eden or a utopia."

C'mon Daryl, you know this isn't the same thing. 102- with only one duplicate (Frank Owen). And, I don't agree that all scarcity is manufactured-even though I do agree that Thomas Sowell is a genius. (assuming that's why you quoted him ).

"When the levee breaks".......

Sincerely, Clayton

[I Only Smoke 4 the Cards]

Originally Posted by freakhappy

As far as Pelty goes, I don't remember him bringing too much of a premium besides the normal slight premium for being a horizontal card. Lately Pelty has soared and I'm not sure why.

Pelty is the one horizontal card that I am missing.

[freakhappy]

Originally Posted by I Only Smoke 4 the Cards

Pelty is the one horizontal card that I am missing.

I feel ya, Alex. Pelty doesn't come up too often and when he does, he usually goes for $100+ in poor-fair condition. Sooner or later you will get one.


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[I Only Smoke 4 the Cards]

Originally Posted by freakhappy

I feel ya, Alex. Pelty doesn't come up too often and when he does, he usually goes for $100+ in poor-fair condition. Sooner or later you will get one.


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On my budget that is too high. I will get him one of these days.