Hosmer and killing collectors budgets

[CatdaddysCards]

what is Hosmer's Topps RC?

 

[uniquebaseballcards]

what is Hosmer's Topps RC?

 

[ThoseBackPages]

whats the card #?

 

[CatdaddysCards]

whats the card #?

US155

 

[jbmm161]

The title of your post is "Hosmer and killing collectors budgets" so I approached it from the angle of a real collector. If you were investing in Hosmer it is completely different. Reading your sig closer gives me the impression you are an investor more than a collector.

From a true collecting standpoint, the question you have to ask yourself is "Okay this guy is super hyped right now, the odds if I wait to buy are that I'll be able to pick it up much cheaper, there's very little chance it won't eventually drop below this price level." For example I picked up a Cespedes Topps Chrome auto for $30 and a Russell Bowman Chrome Draft auto for $30. The odds are that those prices will eventually drop after the rookie/prospect hype wears off even if they become/remain good players. If that's the case though the most they will drop is maybe $10, or like $25 if they bomb out. I paid the premium of $10-25 to get that warm fuzzy feeling of having a card I wanted NOW. Unless you have a ton of money to waste or are an amazingly impatient person, it's probably not worth the triple digit premium it would take to get a color or SP auto.

From an investing standpoint, others in the thread have already said that buying during hype is the exact opposite of what you are supposed to do. The odds that works out for you are probably around 1%. It's actually way easier than if it's a hot player for a team you really collect and you are planning on keeping the cards.

The title should have read completely different. It should have read something like" Buying high and watching values tank. " wanted to see what others thought and share the horror stories.
I just used Hosmer since he was mentioned in another thread I had just read and I was buzzing watching football when the thread idea came to me.

I did buy a finest and topps chrome auto because I wanted them. I invest a little but would consider myself more of a collector. I PC several different things Texas Prospects star prospects autos(Harper, Strasburg) Kevin Durant autos and PSA BC autos. The investing comes in that I need to sell cards to buy cards, don't use my salary money anymore because my wife put a stop to it. So if I can sell something and make money I do it. Unfortunately dumping my Josh Hamilton cards has been a hit or miss some I get good money and some I have sold for WAY under what I had in them.