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I think my client smoked me in this trade.

I think my client smoked me in this trade.

My Hublot Big Bang Meca-10 for his Caitlin Clark PSA 10 rookie.

I'm an Indiana guy. Huge Clark fan. And I was sweating that card just as much as he was sweating my Hublot.

At the time, both were trading around $9k. So I proposed the trade straight up. He took it immediately.

Then I got soaked.

Months later the Clark rookie dropped from $9k to about $3k. The reason was simple: more and more copies kept getting graded PSA 10. As supply went up, the value inevitably went down.

Meanwhile his Hublot? Still a $9k asset.

I preach "buy the depreciation, not the hype." Turns out that applies to cards too. And I bought the hype.

Look, if Clark wins a couple MVPs and championships I could get my money back and then some.

But for now? I'm the loser in this trade.

At least I know where to find another Hublot if I need one.

Ever made a trade you regretted? Or one that looked bad but paid off later?