Blowout Cards Forums - View Single Post - Topps Project 2020 is the worst product since 1991 Fleer

mchenrycards · 05-25-2020, 01:09 PM

Serious question......

How does the project 2020 sustain it's incredibly high returns on cards sold with print runs increasing with every issue. Sure, demand is currently outpacing supply but at some point, with these higher and higher print runs demand and supply are going to meet. Once we see that we will see the tailing off of prices.

It also appears so many people are investing in these cards by buying ten, twenty and even a hundred of these cards and holding them for a larger return down the road. At some point these investors will be cashing in and flooding the market which will reduce the overall secondary market prices for these cards (Let's just throw out the early cards with low print runs because we all know those will likely hold their value). Are the ones who are buying in large quantity worried about the devaluation of their investment when supply meets demand or are you slowly trickling out your stash of cards to the market place in hopes to take your profits when you can, even if they are not the huge profits you had hoped t make by holding onto these cards longer?

And it seems Topps has shipping issues as I know the only cards I purchased have still not shipped and it has been nearly four weeks. Are these shipping issues factoring into your buying in terms of not being able to trike while the iron is hot and losing out on sales because Topps cannot supply your cards in a reasonable amount of time?

I am just trying to wrap my mind around the resale market for these cards. I fully understand the demand for these works by the artists go way beyond the normal demand for sports cards but even then, the laws of supply and demand have to kick in somewhere and temper these sales. Are you guys who are buying these cards buying into the hype and HOPING for huge returns or do you have a real plan for buying low and selling at a comfortable high price.

I am serious about these questions as I would really like to know your thoughts. I am skeptical but not above testing the waters myself.

05-25-2020, 01:09 PM	#11426
mchenrycards Member Join Date: May 2012 Location: Southern Wisconsin Posts: 382	Serious question...... How does the project 2020 sustain it's incredibly high returns on cards sold with print runs increasing with every issue. Sure, demand is currently outpacing supply but at some point, with these higher and higher print runs demand and supply are going to meet. Once we see that we will see the tailing off of prices. It also appears so many people are investing in these cards by buying ten, twenty and even a hundred of these cards and holding them for a larger return down the road. At some point these investors will be cashing in and flooding the market which will reduce the overall secondary market prices for these cards (Let's just throw out the early cards with low print runs because we all know those will likely hold their value). Are the ones who are buying in large quantity worried about the devaluation of their investment when supply meets demand or are you slowly trickling out your stash of cards to the market place in hopes to take your profits when you can, even if they are not the huge profits you had hoped t make by holding onto these cards longer? And it seems Topps has shipping issues as I know the only cards I purchased have still not shipped and it has been nearly four weeks. Are these shipping issues factoring into your buying in terms of not being able to trike while the iron is hot and losing out on sales because Topps cannot supply your cards in a reasonable amount of time? I am just trying to wrap my mind around the resale market for these cards. I fully understand the demand for these works by the artists go way beyond the normal demand for sports cards but even then, the laws of supply and demand have to kick in somewhere and temper these sales. Are you guys who are buying these cards buying into the hype and HOPING for huge returns or do you have a real plan for buying low and selling at a comfortable high price. I am serious about these questions as I would really like to know your thoughts. I am skeptical but not above testing the waters myself.