As a collector we are always on the look for a deal when looking to add to our collections and from time to time we will end up with a great bargain. Sadly there is a down side to making a deal, we spend more than expected. We get caught up in a young athletes hype or a favorite player retires so we hunt down the perfect trifecta even at a premium.
Over the years I have had some cards lose value, nothing major though and no cards that I really intended to sell. Some cards like my 89 UD Griffey and 90 Leaf Thomas I paid significantly more than what they are selling for now ($35-40 range) but I have been rather reserved when it comes to hot players and young rookies. I find it hard to pay more than $50 or so for a modern card.
I just cannot imagine what is going through the minds of the people who dropped the price of a car on Strasburg’s early autographs and refractors. The same thing with players caught up in Bryce Harper and Yasiel Puig hype. Jose Abreu is leading the charge of overpriced cards this year.