Quote:
Originally Posted by notoriousrmb
Your concept is only true if a bulk of the product is available - if Topps goes to auctions but only has 5% allocated to the public it's not going to change a thing. Only the most wealthy will buy, they will pay $800 for the $400 box since that amount doesn't matter to them and there wont be enough product for the price to drop lower to the crowd that wants to pay $400 for the $400 box.
For the wealthiest buyers, there is no difference between a $400 box and an $800 box. For the 18 yr old wanting to partake in the hobby after saving up his summer job money, its a deal breaker.
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There is a big difference between 5% and the bulk. The auction they already ran for 1st Day Issue boxes was around 50% or closer to 85% depending on who you talk to. I would beg for them to do that going forward. Things didn't go the way they wanted so very few if any more auctions. Which means 99.99% of the general public has no chance now.
You're 100% wrong on everything you listed. We have the better part of a decade of evidence from Panini auctions that what you're saying is not true. Just because people want something doesn't mean they are willing to pay more than the market dictates for it. There have been countless great buys with Panini auctions the last 6+ years. There have been countless good products for less than $500 a box. That's even with all but the low numbered sets and some online exclusives being manipulated for 4+ years straight.
We now know for sure how things are going to go with Fanatics and the general public. Everything in demand you either won't get or a few boxes at best. You will never be able to buy a case of anything in demand ever again. You'll never be able to buy in bulk anything in demand from them ever again.