Topps Project 2020 is the worst product since 1991 Fleer

[Bob Ross]

Will PSA grade the fanny pack

[RyanSwinger]

you guys are talking about the price of PRE ORDERS.

get real, this is where this thing will crumble.

[Portocuba]

Originally Posted by SupermanBrandon

anyone remember when the Trout Ermsy was "stalled or peaked" at $450-$500 last week?

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[thenightman]

Originally Posted by Bob Ross

Will PSA grade the fanny pack

I'll let you know. I told Blake to just mail it to PSA for me.

[Silas Barnaby]

Originally Posted by Bob Ross

Will PSA grade the fanny pack

If I'm wearing it at the time, 10!

[BOT]

Originally Posted by RyanSwinger

you guys are talking about the price of PRE ORDERS.

get real, this is where this thing will crumble.

[AlexHunter]

Originally Posted by Boredlawyer

A $4 billion dollar market cap would mean that a set of non-autographed, mass produced baseball cards released in 2020 holds a higher "market cap" than Harley Davidson or Under Armour.

No. Every single card within that mass produced baseball card set in 2020. The more mass produced the higher value


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[thenightman]

Originally Posted by RyanSwinger

you guys are talking about the price of PRE ORDERS.

get real, this is where this thing will crumble.

Crumble? Crumble, what? Cards not jumping to $1000?

What do you expect when print runs go from 1500 to 50,000?

If you're expecting 50K print runs to hit $1k or $2k you should stop buying now and go back to flipping Mosaic.

[SupermanBrandon]

Originally Posted by thenightman

I'll let you know. I told Blake to just mail it to PSA for me.

Im sending my Fanny Pack to SGC. Ive been told on Facebook that they can turn it around in 3 days for $10 (tipped and shipped) and will put in one of those cool new black slabs.

[Silas Barnaby]

Originally Posted by Bob Ross

QUAKE!

[RyanSwinger]

why are people paying anymore than $19 for a preorder?

[AlexHunter]

Originally Posted by metsandweezer

The $2K fanny pack has 50+ watchers...hopefully it’ll get hit soon.

Probably by me


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[thenightman]

Originally Posted by SupermanBrandon

Im sending my Fanny Pack to SGC. Ive been told on Facebook that they can turn it around in 3 days for $10 (tipped and shipped) and will put in one of those cool new black slabs.

Black slabs you say? Excuse me, I need to message Blake and change the order.

[thenightman]

You guys are getting really NSFW. Thankfully, I'm not at work, so carry on.

[AlexHunter]

Originally Posted by SupermanBrandon

Let's talk about the assumed Gary V endorsement pump...

What would he actually endorse to his followers? Typically he endorses the easier to get, smaller priced items. He pimps $50, $100, etc cards. Mass quantities that are more on the low end. So in theory he should be pimping the previously/more recently released Baller/Thiele Trouts, the Jeter Taylor/King, and so on. As well as high print runs that already in hand or a recent example of McGwire Blake thats not in hand. And I could see him endorsing buying from Topps on release day moving forward. But I wouldn't expect him to spend much time on the lower print run Gwynns, Koufax, JK5s, etc of the world (expect for the Ichiro Baller & Trout Ermsy). But thats not his thing. In the card market, he typically doesn't pimp expensive hard to find products. IE Acuna & Soto Update PSA 10s, Giannis & Luka PSA 10s around release, etc. But his endorsement (assuming he's going to give one) should raise all prices. I just don't see them effecting the higher end stuff, as much in the beginning.

Exactly. He doesn’t pump that kind of stuff and He doesn’t tell his minions to buy it. Because he IS buying it. Why would he buy all the stuff he’s telling millions of eyes to buy? I guarantee you he buys more stuff he doesn’t pump than the stuff he does.


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[Ozai75]

Originally Posted by AlexHunter

Probably by me


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It still boggles my mind that people don't understand about the fanny pack is that even if we leave out the slabbed card, each one of those cards are legit 1/1s None of them will be either the same card, or painted the same way.

[Boredlawyer]

Originally Posted by Skipscards

Not sure why people spending $20 on a card scares you. What happens on the secondary market really isn’t anything unprecedented. Frankly, this has been understood since Alfred Marshall created the first supply and demand graph over 100 years ago.

And forget all of economics, just in our Baseball Card collecting world this phenomenon has happened multiple times. It happened in the 1980s when card collecting exploded with the introduction of Beckett and the Baby Boomers lementing about their parents throwing out their cards. The Vintage card market exploded to unprecedented ROI. It occurred again in the late 1980s/early 1990s when card companies began overproducing. In 5 years a pack of wax went from a quarter to a dollar. Etc

Currently, with Project 2020 there is more demand than supply. That will eventually normalize. Eventually the secondary market will calm down on new releases. Eventually. Forget the % increases. Just look at the print runs. Sure, supply will eventually saturate the market. But the “when” is unknown. And frankly, if print runs do get to 50-100,000 that will only solidify the value of earlier relaeases as more people will be under the illusion they can complete their chosen set (in total, player, or artist).

If prices on those earlier releases get too high, then the secondary market will correct; just like they did post-strike. I think a lot of this is being triggered by somehing Topps didn’t expect...the extended networks of the 20 artists. Social Media has taken this thing and run with it.

It's not the $20 per card that scares me. It's the exponential, and to an unknown degree, artificial spike into the thousands of dollars per card that scares me.

Instability leads to a hobby that looks more like a pennystock boiler room, not a sustainable collection.

The secondary market spiking from $20 to $2000 in a month IS unprecedented. Big difference from $0.25 to $1.00 over five years.

To dismiss economics from this equation is tossing reason to the wind.

If these cards sustain their popularity--and that's a BIG if to me, it will be very interesting to see what the first few runs sell for, long term.

[thenightman]

Originally Posted by Ozai75

It still boggles my mind that people don't understand about the fanny pack is that even if we leave out the slabbed card, each one of those cards are legit 1/1s None of them will be either the same card, or painted the same way.

I'm telling people, I'll trade a fanny pack for a graded Hank Aaron RC, straight up. Some of you need to wake up and PM me.

[clap6]

I just found out about this set and I’m buying one of each from here on out. That’s roughly $4700 for 100+ cards. I actually like the cards and like the set and don’t care what happens to the prices or print runs. I also love the idea of a card only being available for 48 hours. Most people can’t afford to spend $44 on cards every 48 hours for an entire year without going into debt. It wouldn’t shock me if down the road card #80 and up end up being the modern day version of junk wax with al the high print runs and people looking solely to flip.

[AlexHunter]

Originally Posted by BOT

Willie Mays Saladeen touched 400 yesterday, they brought it down to 300 today

It’s the fear before the surge. Easy hold.


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[MMantle]

Originally Posted by RyanSwinger

why are people paying anymore than $19 for a preorder?

Because like many of the sales, people are uninformed. Most have no clue they can get these cards for 20.00 on topps website.. that is if they can get on it. I was doing fine at the beginning but after a while I could no longer order anything on there and switched exclusively to ebay. If you want a legit shot at the 1/1 buy off topps website.. again if you can get on it.. if you don't care about that then buy from ebayers, because they'll pack search to see if they got the 1/1 and send you a base but at least you paid less and got the card you wanted anyway.

[thenightman]

Originally Posted by AlexHunter

It’s the fear before the surge. Easy hold.


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Hell ya, I sold that Griffey and immediately pulled my Ripken. I ain't selling squat for awhile.

[Boredlawyer]

Originally Posted by AlexHunter

No. Every single card within that mass produced baseball card set in 2020. The more mass produced the higher value


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Sorry, shouldn't have used the term set--the run of Topps Project 2020 cards (which is what I meant).

This implies that the global run of 2020 Topps Project 2020 cards will exceed the market cap of Harley Davidson or Under Armour.

Does this not fit the exact definition of "irrational exuberance"?

[CardFarmer]

Originally Posted by mlc3423

I'm not sure how much i would trust those sellers undercutting to begin with.....A lot of those sellers who are posting low buy it nows are backing out of the transactions when they see the card jumping up each day....Look at the many people on here complaining about it


Still way too early in the game to be worrying about stuff like that....If you're going to worry about it i'd suggest cashing out now and moving on to something else

Maybe, but when I sell, I tend to price it a bit below the current crop of 'BIN' offers because when I decide to sell, I want the card gone NOW.

[Soxfanguy]

Do you guys think Taylor Thomas will be the last PR under 10k?