PANINI FOTL BKB 10am CST

[auctionjmm]

IN REGARDS TO PAYPAL AUTHORIZATIONS...

My Prizm FB FOTL boxes were under authorization for over two weeks. They didn't become purchases until I received tracking from Panini. So I wouldn't get too frantic about that. If you think your order is legit and you have e-mail confirmation, let those authorizations stay. Asking Paypal to remove them would effectively cancel your order.

[PrizmCollector]

i think they will use this as an excuse to overprint in the future... idk... anyone else agree?

[auctionjmm]

Originally Posted by Giannis

The whole "ordeal" was caused by extremely massive demand.

Seems like Panini is doing something right or you guys wouldn't be wasting 3 hours to buy their products right?

No, no, no. This whole thing started when Panini decided to limit their customers on hobby boxes in the first place. $250 is insane when the cost from distributors was only $96.00. Everyone I talked to was cut bigtime on Prizm basketball. This is a flagship product and should not have been so severely limited in the first place. And now these Prizm Fast Break boxes are out there to make it look like Panini cares, but I'm sure those retail prices are just as insane.

Also, FOTL has always been a surprise release time. This is the first time they announced it in advance, which caused the site crash.

And finally, I know people at Panini. I was told about the on sale time long before the general public was and I was told "we don't expect Prizm basketball to sell out in less than 24 hours so no need to upgrade our servers". They were warned. That's all I'll say...

[phil]

Originally Posted by PrizmCollector

i think they will use this as an excuse to overprint in the future... idk... anyone else agree?

Fast Break = the future is now

[auctionjmm]

Originally Posted by arod305

Man, I think retail is going to be a rat race. I could see nice profits being had there too.

I have 60 blaster boxes on pre-order so I'm definitely excited about that.

[Giannis]

Originally Posted by auctionjmm

No, no, no. This whole thing started when Panini decided to limit their customers on hobby boxes in the first place. $250 is insane when the cost from distributors was only $96.00. Everyone I talked to was cut bigtime on Prizm basketball. This is a flagship product and should not have been so severely limited in the first place. And now these Prizm Fast Break boxes are out there to make it look like Panini cares, but I'm sure those retail prices are just as insane.

Also, FOTL has always been a surprise release time. This is the first time they announced it in advance, which caused the site crash.

And finally, I know people at Panini. I was told about the on sale time long before the general public was and I was told "we don't expect Prizm basketball to sell out in less than 24 hours so no need to upgrade our servers". They were warned. That's all I'll say...

Then Panini should just cut out all the hobby distributors once their contracts run out. If they can sell all this product like hot cakes, improved their servers, why do they need distributors to add 100% to the price?

Retail stuff can stay the same but its obvious their Hobby stuff doesn't need much help to sell based on yesterday.

[dengbang]

Originally Posted by Giannis

There are far better products than Prizm (I love NT, Impeccable, and Immaculate) I think for Prizm, most of it is hype and curiosity.

Not so sure this statement has any validity. So you love the higher end brands, but it doesn't mean that they are better than the lower end Prizm esp. if you are looking for a roi. Prizm has been hot for a while, that first year dual rookie class had so many big names and you could make money with just a few packs. Sure they diluted the whole color scheme, but as long as the rookies were hot, Prizm boxes increased in price. Bottom line though is they are a fun break, and you don't break the bank doing so.

Now Panini knows that and is banking on it, which may or may not make collectors/resellers think that the product is being over hyped.

[Braswell10]

Originally Posted by auctionjmm

IN REGARDS TO PAYPAL AUTHORIZATIONS...

My Prizm FB FOTL boxes were under authorization for over two weeks. They didn't become purchases until I received tracking from Panini. So I wouldn't get too frantic about that. If you think your order is legit and you have e-mail confirmation, let those authorizations stay. Asking Paypal to remove them would effectively cancel your order.

Awesome thank you for this info.

[joem1cha3l]

I'm still wondering why Panini left so much money on the table selling these at $120 a box.

[GeechQuest]

Originally Posted by Giannis

Then Panini should just cut out all the hobby distributors once their contracts run out. If they can sell all this product like hot cakes, improved their servers, why do they need distributors to add 100% to the price?

Retail stuff can stay the same but its obvious their Hobby stuff doesn't need much help to sell based on yesterday.

Because the logistics and costs associated with shipping to individual customers is infinitely greater than shipping to a handful of distributors and letting them handle that end.

[auctionjmm]

Originally Posted by joem1cha3l

I'm still wondering why Panini left so much money on the table selling these at $120 a box.

Because that's the MSRP. Just like Target, Walmart, etc. sell at MSRP even though a Nintendo Mini might go for 2x on eBay. Panini did the right thing here, but should have made more available. 1 red prizm per box would have been perfect and allowed for double the production.

[rambel]

Originally Posted by joem1cha3l

I'm still wondering why Panini left so much money on the table selling these at $120 a box.

Because that is the suggested retail price of a box. They've always sold all their boxes online at this price and never swayed away ...

if you look at their store stuff now, they have boxes from last year that are selling lower then MSRP

[gorillaz]

$310 offer... pass or take?

[joem1cha3l]

Originally Posted by auctionjmm

Because that's the MSRP. Just like Target, Walmart, etc. sell at MSRP even though a Nintendo Mini might go for 2x on eBay. Panini did the right thing here, but should have made more available. 1 red prizm per box would have been perfect and allowed for double the production.

But they set the MSRP. Walmart doesn't set the MSRP on a product. So it's not exactly the same.

[Luni]

I'd wait to sell until you actually get a shipping notice. Good chance a lot of people expecting a box won't get them.

[Giannis]

Originally Posted by dengbang

Not so sure this statement has any validity. So you love the higher end brands, but it doesn't mean that they are better than the lower end Prizm esp. if you are looking for a roi. Prizm has been hot for a while, that first year dual rookie class had so many big names and you could make money with just a few packs. Sure they diluted the whole color scheme, but as long as the rookies were hot, Prizm boxes increased in price. Bottom line though is they are a fun break, and you don't break the bank doing so.

Now Panini knows that and is banking on it, which may or may not make collectors/resellers think that the product is being over hyped.

Sure it does. Does Prizm have RPAs? Does it have beautiful on card autos?

"Better" is a relative term, but true multi-color memorabilia and clear beautiful on card autos are not. Those are actual tangible things.

Prizm is just shiny metallic cards that are loud. They're nice, but I think it would be hard to say a "red shimmer" is tangibly better than a NT RPA.

[puck419]

Originally Posted by auctionjmm

IN REGARDS TO PAYPAL AUTHORIZATIONS...

My Prizm FB FOTL boxes were under authorization for over two weeks. They didn't become purchases until I received tracking from Panini. So I wouldn't get too frantic about that. If you think your order is legit and you have e-mail confirmation, let those authorizations stay. Asking Paypal to remove them would effectively cancel your order.

were your authorizations for full box price? or for 0.01?

[messier2]

Originally Posted by gorillaz

$310 offer... pass or take?

Are you a gambler?

I am, and that's an easy pass.

[dengbang]

Originally Posted by gorillaz

$310 offer... pass or take?

You think it'll get any higher than that? Most people are waiting to get their product in hand before they sell so the price will fluctuate once that happens imo

[Giannis]

Originally Posted by GeechQuest

Because the logistics and costs associated with shipping to individual customers is infinitely greater than shipping to a handful of distributors and letting them handle that end.

Okay so the $250-$300 price is what they're actually worth then. I don't know why people call the price "insane".

[auctionjmm]

Originally Posted by puck419

were your authorizations for full box price? or for 0.01?

Full price.

[Giannis]

Originally Posted by gorillaz

$310 offer... pass or take?

Selling without product in hand is risky as heck.

[GeechQuest]

Originally Posted by gorillaz

$310 offer... pass or take?

Depends on so many factors:

1) On or off eBay
2) How many boxes you purchased
3) How many people plan on selling these (which we don't know)
4) If your order gets cut
5) Your personal financial situation

If off eBay, with multiple boxes purchased, and you have order confirmation, I'd sell at that price.

You may be able to get more later on, but these will be flooded on eBay over the next month as many will be looking to cash in and that will drive the price down a bit.

The supply is greater than the buyers at $310 a box. If Panini sold these yesterday for $310 instead of $120 I suspect that they'd still be available for those who wanted them.

[GeechQuest]

Originally Posted by Giannis

Okay so the $250-$300 price is what they're actually worth then. I don't know why people call the price "insane".

I don't understand this response.....

[SacGWYNN19]

Originally Posted by GeechQuest

Depends on so many factors:

1) On or off eBay
2) How many boxes you purchased
3) How many people plan on selling these (which we don't know)
4) If your order gets cut
5) Your personal financial situation

If off eBay, with multiple boxes purchased, and you have order confirmation, I'd sell at that price.

You may be able to get more later on, but these will be flooded on eBay over the next month as many will be looking to cash in and that will drive the price down a bit.

The supply is greater than the buyers at $310 a box. If Panini sold these yesterday for $310 instead of $120 I suspect that they'd still be available for those who wanted them.

And, how many boxes will be sold but never delivered, there will be a lot.