[QUOTE=csmtampa;19785872]A lot of Kids aren’t poor these days. My 12 year old made over $1200 this month from his Whatnot shows. And then there is eBay….[/QUOTE]

How does your 12 year old pay his taxes?

[QUOTE=jlzinck;19786314]How does your 12 year old pay his taxes?[/QUOTE]

I was thinking the same thing. Surely, his Dad has asked advice from the BO tax accountants regarding this. :cry:

[QUOTE=jlzinck;19786313]HAHAHAHAHAHAHA....it will make him a future degenerate gambler[/QUOTE]

It'S nOt GaMbLiNg!!! :)!

[QUOTE=csmtampa;19785872]A lot of Kids aren’t poor these days. My 12 year old made over $1200 this month from his Whatnot shows. And then there is eBay….[/QUOTE]

A 12 year old is allowed to stream on Whatnot? No disrespect to the kids hustle, I appreciate it. I'm just surprised Whatnot allows kids that young to stream and collect revenue.

Does an 11 year old kid even know what a Livvy Dunne is?
Is that part going to sway his decision?

I will be interested to see what he does with it, cause the 30 years of tickets really don't do anything for him, living in LA and all.

Not sure who the closest team is to the kid, but maybe the Pirates can buy 30 years of tickets for that team???

Maybe someone from Steel City Collectibles will buy it, they are local and they could trade it in for the tickets and misc...

The “11 year old kid” has got to be a PR play by fanatics as the box was likely actually purchased by someone who fanatics doesn’t want to be associated with the pull.

[QUOTE=hermanotarjeta;19786424]The “11 year old kid” has got to be a PR play by fanatics as the box was likely actually purchased by someone who fanatics doesn’t want to be associated with the pull.[/QUOTE]

Either way, whether the Dad or someone, the kid will not be allowed to make his own decision on the card. He would probably trade it for some Pokemon packs.

I also doubt the kid bought the hobby box, or was opening it by himself. I’m sure the Dad pulled it and it letting his kid get the glory and attention. Good for him. I hope the kid has fun with all of this. I doubt it will make a [I]collector[/I] out of him.

Is there anything stopping them from selling the tickets? The average ticket price for the Pirates last year was $69. I assume the season tickets behind home plate are above the average price. But assuming two tickets at $69 each that would be $340k over 30 years. The price of tickets will surely increase over 30 years so the total value would probably be much greater like $500k. So taking that deal and just selling tickets on StubHub or something for the next 30 years would be a nice source of recurring income.

[QUOTE=rms13;19786455]Is there anything stopping them from selling the tickets? The average ticket price for the Pirates last year was $69. I assume the season tickets behind home plate are above the average price. But assuming two tickets at $69 each that would be $340k over 30 years. The price of tickets will surely increase over 30 years so the total value would probably be much greater like $500k. So taking that deal and just selling tickets on StubHub or something for the next 30 years would be a nice source of recurring income.[/QUOTE]

Not a terrible idea, but you would have to factor in the yearly taxes and general hassle. I really do think that card could bring in $200k+ right now. Pay taxes once, invest the rest, and with interest, you could have more than $500k 30 years from now.

If it’s me, I’m sending that card off to Goldin ASAP.

[QUOTE=jlzinck;19786314]How does your 12 year old pay his taxes?[/QUOTE]

[QUOTE=fulltritty;19786350]I was thinking the same thing. Surely, his Dad has asked advice from the BO tax accountants regarding this. :cry:[/QUOTE]

Quick Google search answered this. Children do not pay taxes on earnings up to the standard deduction of $14,600. That's a pretty good cushion for the 12 year old.

[QUOTE=fabiani12333;19785854]I like that it's a kid who pulled it -- better than an adult ripper.

A box of TCU isn't cheap for a kid, though. I doubt they had $100 of chore money to spend on cards.[/QUOTE]


Or his parents bought it for him? Either way, what’s the difference?


Sent from my iPhone using Tapatalk

Dad must have used the CT scanner at the local hospital to get this card.

[QUOTE=MiamiMarlinsFan;19786459]Not a terrible idea, but you would have to factor in the yearly taxes and general hassle. I really do think that card could bring in $200k+ right now. Pay taxes once, invest the rest, and with interest, you could have more than $500k 30 years from now.

If it’s me, I’m sending that card off to Goldin ASAP.[/QUOTE]Yes taking the money up front and investing is probably the best option. But he'll probably lose a big chunk in taxes. I'm still unclear how it works with a minor. But I assume the sale would have to be in the parents name because I doubt a 12 year old can sell it in their own name on Goldin. So it probably gets rolled into their parents income who are probably in a higher tax bracket living in LA. But I'm glad to see it's pulled.

[QUOTE=jmarascojr;19786413]Does an 11 year old kid even know what a Livvy Dunne is?
Is that part going to sway his decision?

I will be interested to see what he does with it, cause the 30 years of tickets really don't do anything for him, living in LA and all.

Not sure who the closest team is to the kid, but maybe the Pirates can buy 30 years of tickets for that team???

Maybe someone from Steel City Collectibles will buy it, they are local and they could trade it in for the tickets and misc...[/QUOTE]All the 11 years old I know are on Tik Tok so I would guess this kid definitely knows who Livvy Dunne is.

[QUOTE=rms13;19786505]Yes taking the money up front and investing is probably the best option. But he'll probably lose a big chunk in taxes. I'm still unclear how it works with a minor. But I assume the sale would have to be in the parents name because I doubt a 12 year old can sell it in their own name on Goldin. So it probably gets rolled into their parents income who are probably in a higher tax bracket living in LA. [B]But I'm glad to see it's pulled[/B].[/QUOTE]

I’m not a conspiracy theorist, and I’m not trying to imply anything here, but I also can’t imagine Fanatics wanted this card to get lost due to someone not realizing what they had (unlikely) or in cardsin47’s wax collection (who knows how many supers and 1/1’s he has locked away in there!).

[QUOTE=bub838;19786395]A 12 year old is allowed to stream on Whatnot? No disrespect to the kids hustle, I appreciate it. I'm just surprised Whatnot allows kids that young to stream and collect revenue.[/QUOTE]

According to WhatNot you can't.

[QUOTE]Teens and people under 13
You must be over the age of 18 to have an account on Whatnot.

Teens between the ages of 13-17 may use Whatnot if they follow the requirements that they must only operate an account owned by a parent or legal guardian aged 18 years or older, and with permission and supervision. Learn more about Whatnot’s requirements for teens.

Individuals under 13 cannot use Whatnot. This policy applies even if a parent is present. Individuals under 13 may assist in the selling process, for example, handing an item to a parent to run in an auction, but cannot operate the app or be the focal point of a stream. [/QUOTE]

[QUOTE=whitmm;19786198]If it came from a hobby or mega box, it would have been a redemption. If it was a collector who opens at home, it would make complete sense that Topps was the first to know, when the redemption was entered.

Topps used a stock photo in their posts about it, most of their other big card posts have the video or screenshot.[/QUOTE]

Yeah, as soon as they enter the redemption code, Topps knows who pulled it and where they live, along with contact info and what format the card came out of. Only thing they wouldn't know is the fact an 11 year old pulled it (since likely 11 year olds can't register for accounts on Topps?).

Maybe they called the number on file to congratulate the lucky guy and that's when they found out the additional details (11 year old was the one that pulled it, only bought 1 box, etc).

Of course there is no proof, but I have no doubt in my mind Fanatics held this box back from being released until the middle of the off season to simply continue selling wax, the dream of finding this and pushing baseball as a whole in the slow season.

Congrats to the kid, guessing most likely scenario is parents sit him down explaining how much selling it could improve his future and they pass on the Pirates offer. I'd actually think being young works against the offer as unless parents are absolutely loaded, it seems more like it would be someone older who 1) has money 2) deems the attention behind taking the offer better than the one-time attention of whatever it sells for (pretty good promo if say music artist is behind home plate), an 11 year old cant even get to games on their own.

At the current hobby box price, no current 11 year old, or even 99 year old, can afford a box.

Gotta be a “breaker’s son” who pulled it.

[QUOTE=Bob Ross;19786592]Of course there is no proof, but I have no doubt in my mind Fanatics held this box back from being released until the middle of the off season to simply continue selling wax, the dream of finding this and pushing baseball as a whole in the slow season.[/QUOTE]

Yeah, unless they documented exactly when the redemption was packed and shipped off to the retailer/customer, it is always possible they held it back.

Even if they did hold it back intentionally to create buzz and goose sales, would there be any real consequences they could face? Outside of temporary outrage from wax rippers until the next hot release goes on sale and everyone forgets about it.

[QUOTE=Bob Ross;19786592]Of course there is no proof, but I have no doubt in my mind Fanatics held this box back from being released until the middle of the off season to simply continue selling wax, the dream of finding this and pushing baseball as a whole in the slow season.[/QUOTE]

It’s close to a no-win for Fanatics. Imagine is if the kid would have pulled it right after a big outing from Skenes? Or after Skenes win the 2025 CY? People would be saying there was no doubt in their mind they held it until [I]that[/I] moment.

[QUOTE=Bob Ross;19786592]Of course there is no proof, but I have no doubt in my mind Fanatics held this box back from being released until the middle of the off season to simply continue selling wax, the dream of finding this and pushing baseball as a whole in the slow season.[/QUOTE]

I don't know about the promoting baseball part, but someone in the TCU thread estimated around 90% of the product has been ripped, based on the number of Debut Patches pulled.

The big product chase card allegedly taking 90% of the product to hit is more than a bit suspicious.

Since we're all just throwing out the conspiracies, let's throw this one out there too.

They definitely scanned the box and knew it was in there and kept it for themselves.

Or this: If it's pulled on release day, people accuse Fanatics of sending to their favorite breaker. If it's pulled late, people accuse Fanatics of withholding the card. It doesn't matter at what point in the percentage opened, people will have a conspiracy about Fanatics.

[QUOTE=Funkster;19786469]Or his parents bought it for him? Either way, what’s the difference?


Sent from my iPhone using Tapatalk[/QUOTE]

Just my opinion, but a kid earning money and choosing to spend it on baseball cards is different than a parent taking a kid to a card shop and buying a box of cards for them.