Topps Series 2 NFT - Page 4

discodanman45 · 10-07-2021, 11:04 AM

Quote:

Originally Posted by brothertona

At $60 I would have taken a gamble, I thought the $150 was way too high on Series 2 packs. The Inception packs at least had 30 cards.

The majority of the 30 cards from the inception packs can't be sold for $2. Even at $150 you can still make a few dollars right now and that will continue to go up when the amount of packs continue to decrease. When people rip the supply will continue to decrease. In about a week we will see packs hit $250 IMO. If they add challenges with Series 2, the packs will go up even higher.

In the Series 2 premium pack you get guaranteed 3 epics and on average over 2 super rare cards. If you are just looking for lower mint cards, the premium packs can't be beat. The checklist is garbage, but the 10 cards you get from Season 2 are going to beat the 30 cards you get from Inception.

brothertona · 10-07-2021, 11:09 AM

Seeing the price of singles why in the world would you rip? I see no benefit if you have packs to open them up when Super Rares are going for $2 to $10.

Quote:

Originally Posted by discodanman45

The majority of the 30 cards from the inception packs can't be sold for $2. Even at $150 you can still make a few dollars right now and that will continue to go up when the amount of packs continue to decrease. When people rip the supply will continue to decrease. In about a week we will see packs hit $250 IMO. If they add challenges with Series 2, the packs will go up even higher.

In the Series 2 premium pack you get guaranteed 3 epics and on average over 2 super rare cards. If you are just looking for lower mint cards, the premium packs can't be beat. The checklist is garbage, but the 10 cards you get from Season 2 are going to beat the 30 cards you get from Inception.

discodanman45 · 10-07-2021, 11:13 AM

Quote:

Originally Posted by brothertona

Seeing the price of singles why in the world would you rip? I see no benefit if you have packs to open them up when Super Rares are going for $2 to $10.

People think they can get the Mike Trout. People are gamblers by nature. Why do people rip $500 boxes of modern garbage with 7 cards? 90% of the time they end up with $50 of cards. People are idiots with money.

IntergalacticSp · 10-12-2021, 12:25 PM

Premium packs are on the marketplace at the original price of $150

Archimedes · 10-12-2021, 12:29 PM

Quote:

Originally Posted by IntergalacticSp

Premium packs are on the marketplace at the original price of $150

Yeah, these have really tanked. I shouldn't be surprised, but I am.

jduds · 10-12-2021, 12:32 PM

Quote:

Originally Posted by Archimedes

Yeah, these have really tanked. I shouldn't be surprised, but I am.

Topps screwed their NFT rollout by playing with multiple platforms and a massive delay between their fairly popular first series. The move away from crypto and overall growing skepticism of the market made this one fairly predictable.

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Archimedes · 10-12-2021, 12:40 PM

Quote:

Originally Posted by jduds

Topps screwed their NFT rollout by playing with multiple platforms and a massive delay between their fairly popular first series. The move away from crypto and overall growing skepticism of the market made this one fairly predictable.

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I don't know - Inception has done extremely well.

Bob Ross · 10-12-2021, 12:40 PM

Inception Premium packs are spiking, $445 floor as of today. The $150 floor does not make sense for Series 2 being that there is the same amount of packs made as Inception. Inception cards look great and may have a couple bigger names, but Series 2 has some massive cards to be pulled. $445 compared to $150 for products with 6000 packs total is too big of a gap.

jduds · 10-12-2021, 12:46 PM

Quote:

Originally Posted by Bob Ross

Inception Premium packs are spiking, $445 floor as of today. The $150 floor does not make sense for Series 2 being that there is the same amount of packs made as Inception. Inception cards look great and may have a couple bigger names, but Series 2 has some massive cards to be pulled. $445 compared to $150 for products with 6000 packs total is too big of a gap.

One conclusion is that series 2 is undervalued. Another is that something maybe up with Inception. It’s probably not that hard to manipulate this market for a few well heeled folks and they might’ve focused on Inception. Maybe people just hate series 2 like the physical product. I know ownership can be tracked easily enough, but is there a way to figure out how many distinct users bought Inception packs? I’m betting it is way down from Series 1 after controlling for differences in number of packs made.

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tcdyess · 10-12-2021, 01:01 PM

Quote:

Originally Posted by Bob Ross

Inception Premium packs are spiking, $445 floor as of today. The $150 floor does not make sense for Series 2 being that there is the same amount of packs made as Inception. Inception cards look great and may have a couple bigger names, but Series 2 has some massive cards to be pulled. $445 compared to $150 for products with 6000 packs total is too big of a gap.

Yes, I believe over half the premium packs have been ripped and there are massive cards still not pulled. The pack prices should be moving up at this point as they have on all previous releases. Inception had some huge hits early and stalled a bit, but has now risen quickly. This makes absolutely no sense... to me the S2 premiums should be much higher.... I just don't get these markets anymore...

js0000001 · 10-12-2021, 04:06 PM

I wanted a premium pack when these released so after seeing this thread I bought one and opened it. Pulled my first legendary a 83 chrome jazz rc 2/16. This sucker me into a 2nd premium pack which after fees came to $175 each. 2nd pack had a Corbin burnes all star card that has a lot of spinning animation.

BBases31 · 10-12-2021, 04:13 PM

Quote:

Originally Posted by IntergalacticSp

Premium packs are on the marketplace at the original price of $150

Shocker. And will eventually go below the original. Called this thing tanking far earlier in the thread. I'm amazed anyone jumped at these after the Series 1 disaster and abandonment, regardless how of bad of an idea NFT cards that are exact copies of physical cards are.

Quote:

Originally Posted by Bob Ross

Inception Premium packs are spiking, $445 floor as of today. The $150 floor does not make sense for Series 2 being that there is the same amount of packs made as Inception.

You've got it backwards. $445 is the wrong price and $150 is the correct price. Inception packs are coming way down, guaranteed. It blows my mind that anyone would think Inception NFT cards have any staying power

discodanman45 · 10-12-2021, 05:18 PM

Quote:

Originally Posted by BBases31

You've got it backwards. $445 is the wrong price and $150 is the correct price. Inception packs are coming way down, guaranteed. It blows my mind that anyone would think Inception NFT cards have any staying power

The Inception packs won't come down any time soon. I will guarantee that. I think 80% of the packs are already ripped, which means there are not a lot of packs left. People pay insane money for sealed NFT product. Supply and demand at its finest. Even though the demand may not be high, sealed premium inception packs are rare at this point.

jduds · 10-12-2021, 05:40 PM

Quote:

Originally Posted by discodanman45

The Inception packs won't come down any time soon. I will guarantee that. I think 80% of the packs are already ripped, which means there are not a lot of packs left. People pay insane money for sealed NFT product. Supply and demand at its finest. Even though the demand may not be high, sealed premium inception packs are rare at this point.

Key phrase there is the "even though demand might not be high." Have to have the demand part too to make things work. These should be on fire and fueling a ton of conversation, but have quickly been relegated to the fringes of card collecting. I think the idea still has potential, but I am convinced Topps is not the company to do it right now. Panini stuff does seem to be gaining steam and seems to have a small, but growing base of collectors.

TruBlueBrewCrew · 10-12-2021, 06:33 PM

Something that may be overlooked with inception vs series 2 NFT’s is the fact that the average NFT baseball card investor is likely younger than the average cardboard collector and could prefer different styles/releases of cards. It might not be the biggest factor, but tastes and preferences change over time and across generations of people.

IntergalacticSp · 10-12-2021, 10:28 PM

Quote:

Originally Posted by jduds

Key phrase there is the "even though demand might not be high." Have to have the demand part too to make things work. These should be on fire and fueling a ton of conversation, but have quickly been relegated to the fringes of card collecting. I think the idea still has potential, but I am convinced Topps is not the company to do it right now. Panini stuff does seem to be gaining steam and seems to have a small, but growing base of collectors.

I'm not a believer in NFTs, but Topps has made the supply of Series 2 NFTs very scarce. Total print runs for Series 2 physical cards are ~700x the print runs for the NFTs (only ~260K total S2 NFTs).

pewe · 10-12-2021, 10:55 PM

Amazing how much less volume of commentary this thread has than the original NFT thread. Not sure if that is a signal of waning interest or what. But 91 posts before me in two weeks is modest vs. the thousands in the earlier rendition…

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BBases31 · 10-12-2021, 11:41 PM

Quote:

Originally Posted by pewe

Amazing how much less volume of commentary this thread has than the original NFT thread. Not sure if that is a signal of waning interest or what. But 91 posts before me in two weeks is modest vs. the thousands in the earlier rendition…

NFTs that are exact copies of physical cards were a terrible idea to begin with. Most people lost their shirt on Series 1. Topps pulled the rug from that one and people still want to throw their money at Topps again at a terrible idea that will be completely dead in the water in the near future. It boggles the mind.

js0000001 · 10-13-2021, 07:58 AM

What’s this worth? By looking at comps I’m guessing it’s over $1k?

What’s an NFT?

monkeymcgee · 10-13-2021, 08:21 AM

Quote:

Originally Posted by BBases31

NFTs that are exact copies of physical cards were a terrible idea to begin with. Most people lost their shirt on Series 1. Topps pulled the rug from that one and people still want to throw their money at Topps again at a terrible idea that will be completely dead in the water in the near future. It boggles the mind.

Really? I think most people would have done well with S1 unless they held everything. It was my most profitable product this year.

As stated earlier, I have no interest in these newer releases. However, I think these drops based on physical cards was a pretty smart way to get people familiar with this concept.

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t6p · 10-13-2021, 08:57 AM

Quote:

Originally Posted by monkeymcgee

Really? I think most people would have done well with S1 unless they held everything. It was my most profitable product this year.

As stated earlier, I have no interest in these newer releases. However, I think these drops based on physical cards was a pretty smart way to get people familiar with this concept.

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Agreed. I just sold the last of my unopened S1 packs last week. I got about $30 each for the standard packs and $400 for the premium. I could have gotten much more if I sold them earlier, but still got back about 4x my initial investment.

If anything, I regret not buying more.

Eckstein197 · 10-13-2021, 09:06 AM

Quote:

Originally Posted by monkeymcgee

Really? I think most people would have done well with S1 unless they held everything. It was my most profitable product this year.

As stated earlier, I have no interest in these newer releases. However, I think these drops based on physical cards was a pretty smart way to get people familiar with this concept.

Sent from my iPhone using Tapatalk

Yeah S1 was very profitable. I see this a lot in the crypto space, the want to HODL everything. Too many never want to take the safe profit. Feel like it's just constant "crypto is the future HODL" speaking but in reality you need to take profit in some instances. Like the S1 packs 5-6X'd in value overnight at the start, why would you not take that profit and then move it somewhere else

js0000001 · 10-13-2021, 09:10 AM

Anyone doing Godzilla today?

IntergalacticSp · 10-13-2021, 11:36 AM

Quote:

Originally Posted by js0000001

Anyone doing Godzilla today?

Seems like a bad idea to price a Standard Pack at $20 and Premium Pack at $100. I can't imagine these selling at that price point considering it's Godzilla.

js0000001 · 10-13-2021, 12:19 PM

It won’t let me buy Godzilla. Says I need to provide country first.

10-12-2021, 12:25 PM	#79
IntergalacticSp Member Join Date: Feb 2019 Location: Las Vegas Posts: 184 intergalacticspace	Premium packs are on the marketplace at the original price of $150

10-12-2021, 12:40 PM	#83
Bob Ross Member Join Date: Oct 2019 Posts: 5,299	Inception Premium packs are spiking, $445 floor as of today. The $150 floor does not make sense for Series 2 being that there is the same amount of packs made as Inception. Inception cards look great and may have a couple bigger names, but Series 2 has some massive cards to be pulled. $445 compared to $150 for products with 6000 packs total is too big of a gap.

10-12-2021, 04:06 PM	#86
js0000001 Member Join Date: Apr 2010 Location: 11205 Posts: 1,524 rcnetopps js0000001	I wanted a premium pack when these released so after seeing this thread I bought one and opened it. Pulled my first legendary a 83 chrome jazz rc 2/16. This sucker me into a 2nd premium pack which after fees came to $175 each. 2nd pack had a Corbin burnes all star card that has a lot of spinning animation.

10-12-2021, 06:33 PM	#90
TruBlueBrewCrew Member Join Date: May 2021 Posts: 343	Something that may be overlooked with inception vs series 2 NFT’s is the fact that the average NFT baseball card investor is likely younger than the average cardboard collector and could prefer different styles/releases of cards. It might not be the biggest factor, but tastes and preferences change over time and across generations of people.

10-12-2021, 10:55 PM	#92
pewe Member Join Date: Sep 2018 Posts: 26,641	Amazing how much less volume of commentary this thread has than the original NFT thread. Not sure if that is a signal of waning interest or what. But 91 posts before me in two weeks is modest vs. the thousands in the earlier rendition… Sent from my iPhone using Tapatalk

10-13-2021, 07:58 AM	#94
js0000001 Member Join Date: Apr 2010 Location: 11205 Posts: 1,524 rcnetopps js0000001	What’s this worth? By looking at comps I’m guessing it’s over $1k? What’s an NFT?

10-13-2021, 09:10 AM	#98
js0000001 Member Join Date: Apr 2010 Location: 11205 Posts: 1,524 rcnetopps js0000001	Anyone doing Godzilla today?

10-13-2021, 12:19 PM	#100
js0000001 Member Join Date: Apr 2010 Location: 11205 Posts: 1,524 rcnetopps js0000001	It won’t let me buy Godzilla. Says I need to provide country first.