The end results of hoarding

[tschock]

Originally Posted by G1911

I guess I'm a dick. Buying anything that has more than one potential bidder is at the expense of someone else. I'm an all-collect-no-invest type but I don't believe anyone is entitled to buying a card at X price they want. Whether it's this guy taking 300 Paul Smith's off the market or 300 different collectors driving up the price of Roberto Clemente, I don't see much of a difference. Investors stockpiling stars, player collectors, set builders, they don't seem to offend people but having many of a card for non-investment (I don't believe one of these hoards has ever really panned out financially, and besides bnorth's account above not a single divested hoard has been identified yet) seems to be upsetting. I'm not quite sure why that is beyond the fact it seems quaint.

The post you responded too also ignores the other side of the equation. The 'hoard buyer' is most likely actually pulling more of those cards INTO the market place as the price rises, which obviously weren't viable for sale at previous prices (otherwise, they would have sold). And those now pulled in to SELL their cards are actually reaping the benefits as well.

[butchie_t]

What about the accidental hoarder????

I truly believe Topps was following me to the store every time I bought baseball cards in 1974. It was unbelievable how many Winston LLenas cards I freaking pulled. I truly stopped counting after around 20 of them. Never EVER saw his cards increase in value, then or now. (And no I did not hold onto them. I made them even rarer with my bike spokes.)

Sort of off topic but, jeeze one would have thought I had cornered the Llenas market in my part of the neighborhood back then.

Cheers,

B. T.

[Ronnie73]

There's a few T206's that I hoard, but only with certain backs. So they have gone unnoticed. There's one modern card that I hoard, and because others can look at eBay sold listings and prices, every time another shows up, I have to pay a little more. I'm my own worst enemy. The first couple cards I paid around $17 each. Now I have to expect to pay about $80.

[Republicaninmass]

Quite a few hoarders of various 1952 topps.

You'd have to have your head examined if you decided to stop and sold them all at once.

I assume the bartirome kid is still buying as prices havent come down that much. I do see many selling only to be relisted higher a week or so later

[vintagetoppsguy]

Originally Posted by Republicaninmass

I assume the bartirome kid is still buying as prices havent come down that much. I do see many selling only to be relisted higher a week or so later

IIRC, I thought he went to jail for some reason? Maybe I'm thinking of someone else. But, if so, what happened to his hoard?

[ALBB]

True comment about attempting to hoard... then after a few years ..realizing you haven't made a dent in the overall scheme of things ...or lost interest- or started questioning - why " waste money on another whoever"... use that money for something " you need "

[parkplace33]

I know a few people who have hoarded certain cards. And then, they sold when they got tired of them. The cycle repeats over and over.

[egri]

Originally Posted by vintagetoppsguy

IIRC, I thought he went to jail for some reason? Maybe I'm thinking of someone else. But, if so, what happened to his hoard?

I seem to recall that his time in jail occurred before he started posting here. Though it is entirely possible that he did something to get himself sent back after he was banned.