The end results of hoarding

[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.

[tulsaboy]

This happens in the world of unopened fairly regularly. Lots of times when someone is working on a "project." For example, there was a guy working on putting together a box of 1984 Topps rack packs, with all 24 having Nolan Ryan's base card on top. During his project, the average price of those on ebay and the Facebook groups jumped significantly. He finished, and the prices have subsided a bit. But not completely, because the spectre of "ebay comps" haunts us still. He's no longer in the mix buying them like he was previously, but his move did impact the market price and still is having some echoes. There have also been some folks who focused on particular years, like 1983 or 1975, and their aggressive purchasing has definitely affected the marketplace. Of course, more product always emerges, but I think in the unopened world you can definitely see the outsized impact just one or two collectors can have on the perceived "value" of a particular product.
kevin

[butchie_t]

What level of player, company, and year card collected constitute a hoard?

5
50
500
5000

Where does one draw the line?

I think that is a very subjective number to say the least. Someone shows me a 5K count box of a single player company, and year. They may get a side eye from me and maybe I would consider that hoarding, but is it really?

With the amount of cards printed of a player it may not be considered hoarding to someone else. Where is the line drawn that it will have an effect on the price of the card or a perceived scarcity?

And better yet, how can anyone else know that a particular card is being hoarded if the perceived hoarder never lets on that they are doing this?


B. T.

[G1911]

Originally Posted by butchie_t

And better yet, how can anyone else know that a particular card is being hoarded if the perceived hoarder never lets on that they are doing this?
.

This is kind of what I was getting at. I hoard a few cards for fun because they are some of my favorites. I have never talked about them publicly, and nobody seems to be aware someone is hoarding them. I have over 50% of the POP reports cracked out and in my boxes and what is probably a similar percentage of the raw extant examples for these cards. But by shutting up, I haven't escalated the price on myself and these cards have really only risen with inflation. Actual supply and demand doesn't seem to be as important a factor as is often assumed, but perception of it. Obak Miller's cost an arm and a leg, but I don't think they would if people didn't realize most were being won by a hoarder. People run up the price when they perceive a shortage or realize they can sell for more than it 'should' be worth to a hoarder; and these sales then make others pay more. It seems to me the practical way to hoard is to keep quiet and be patient; you'll end up with most of what you want for much less, it will just not produce a lot of the card at once early on when you announce it.

[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.