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Predict the future of Prizm Basketball products...
It's no secret that Panini produces a lot of prizm-related (opti-chrome) products... with the standard prizm product being the most popular & highly printed. So what does Prizm and the hobby look like in a few years??? Think our answers will be vary wildy; so i didn't want to create a poll.
To me; each product kind of serves a purpose: Prizm - Key iconic rookies & Paralells.. highly sought after...highly produced; BUT still no where near demand. Optic - Kind of like the brother/sister to Prizm. Nice, clean, simple set design; with some on card auto's. more limited; but still highly produced. Probably the second best product next to prizm imo. Select - Hobby only; has on card auto's... 3 tiers.... which is good and bad imo. Saying Select will take over is a bold statement imo... but certainly value to the limited nature of these cards. I think the biggest thing holding select back; is there is not 1 "key / must have" rookie for these sets. Other than 2013-14 Giannis rookie year. Mosaic - Kind of more of a good thing in the prizm line. I know some people are turning on it; but these might be the "sleeper" set for 2019-20 as it's first year. Silver Mosaic's are the best parallel by far this year; and semi-affordable! Spectra - This one to me; never found it's mark. I had to double check if it even released this year. Good idea in theory but the hobby just never got on board. Probably one of the rarest sets; and hobby only. This should be an all on card auto product imo. Obsidian - Could be another sleep product. Different look/feel. Although with it being hobby only / limited; the key cards just get so expensive so quick. Premium Hoops / Clearly Donruss - Who knows if these sets will continue past this year. Clearly just meeting the huge demand for 2019-20 products. Then you got your High End Sets Flawless, National Treasure, Immaculate, etc etc..... Then you got your Court Kings; Revolution So with all that said, what do you think the future will hold? Does Panini keep Producing prizm below demand? Does it remain the "Key/Iconic" rookie card?? Does another product steal the spotlight? While i see other products doing well in the future : Mosaic's (in a few years) select (more near term) then can see increase in value for like Obsidian/Spectra as well at some point. But i really don't see any of these products replacing prizm as the "iconic" set. If any; i think it would be Optic.. but Prizm needs to screw up before that happens. The other set that is probably flying way under the radar is Crusade. Great look to these cards; at a fraction of the price. I'm glad Panini hasn't discontinued these. I don't see if taking over anything; but certainly a under valued set... and that might be because some years/sets it's a true rookie and other years not. Curious to see what the others think about this and future of basketball. What do you like/don't like? What's the future look like. |
I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.
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[QUOTE=jfan2024;16829163]I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.[/QUOTE]
lolol, never going to happen |
The card market has always been driven by "key" or Iconic rookie cards. Look at the MJ Fleer, Chrome Kobe, Lebron Chrome etc; griffey upper deck...etc.
Not saying Prizm would ever lose some value; but i think a set would need to replace it... to lose a lot of value. It's always dependent on the player too. If Zion breaks his leg bad; his cards are going to be a race for the bottom. |
[QUOTE=jfan2024;16829163]I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.[/QUOTE]
[IMG]https://media4.giphy.com/media/SqfTz0T9bWFlmrzxqz/giphy.gif?cid=ecf05e4767e34yb7wx8x1qjwkt0529e9xtd7q3clei3e97n7&rid=giphy.gif[/IMG] |
[QUOTE=jfan2024;16829163]I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.[/QUOTE]
Could be right but the number of people collecting right now is max 5%. I would say probably 2-3%. Pretty hilarious considering just 2 years ago it was 95% collector 5% investor. |
I personally like Select Courtsides over Optic or Prizm.
Just my opinion but they're also a lot more SP'd |
I think all the products just become muddled together and pull from each other. I’ve personally transitioned away from chromium stock cards because they just run together at this point. I suspect more will eventually as well.
They do serve their purpose though as the commoditization of the hobby continues. I don’t know anybody who collects chromium stuff anymore at this point. |
[QUOTE=mossoholic;16829793]Could be right but the number of people collecting right now is max 5%. I would say probably 2-3%. Pretty hilarious considering just 2 years ago it was 95% collector 5% investor.[/QUOTE]
Without collectors the current market will fall apart. I would agree with you that 95% of people in the hobby right now are doing it to make money. Very few people build sets, collect players or collect teams. I've got tons of Zion cards, I don't collect Zion but I'm hoping to sell them for more down the road. I don't want any of the cards I have for the prices I paid. |
[QUOTE=jfan2024;16829163]I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.[/QUOTE]
That's my whole thing with the Luka Prizm. In 2020, the hobby exploded - heck, even I got back into it in November 2019 - but I get crazy looks when I tell people printed rectangles of cardboard are selling 4, 5, and 6 figures on the daily. Obv the hobby has grown but it's still a relatively small market. I just don't see 15,000 people on earth willing to pay $1,500 (btw that's A LOT of money) for a glossy piece of paper. I'm not hating on the hobby. I love it, and I have spent what I consider to be a large chunk of change on cards this year, but I just don't think there are 15,000 people out there who view pieces of paper the same way I do or other people on the forum do. |
Prizm is Prizm it's still gonna be top dog this year, next year, etc. until something better comes along which i don't see on the horizon.
Basically the others are gonna be about the same tier as they've been over the last couple years also imo. Optic, Select...then take your pick. That's obviously mid high end. There really is no low end anymore. NT, Flawless, Immaculate will still hold their respective spots as well in the upper tier. That's my personal rankings. Everyone has their own opinions though. I don't see anything flaming out anytime soon but i could be wrong. It's going exactly how people predicted last year. Zion mania then a down year and next year will be another big boom with a better draft class. Then we got Bronny coming down the pipeline in a couple more years. I don't see anything slowing down. Especially with all the influencers and social media. That type of thing is only growing. Youtube and influencers are growing like crazy. Had this same conversation in the MJ thread. People love collectibles and alternative investments. Neither of those things are slowing down they're growing. Especially with tv shows like American Pickers, TMZ promoting sports cards, influencers like Gary V, Vegas Dave, Giannis collecting his own cards, Luka saying im gonna need some of those when a reporter told him how much some of his cards are selling for. Card question at 2:10 into the video [youtube]/JkvQQpZek4Q?t=131[/youtube] |
[QUOTE=JoeAdam;16829878]Without collectors the current market will fall apart. I would agree with you that 95% of people in the hobby right now are doing it to make money. Very few people build sets, collect players or collect teams. I've got tons of Zion cards, I don't collect Zion but I'm hoping to sell them for more down the road. I don't want any of the cards I have for the prices I paid.[/QUOTE]
I don't think the market will fall apart as long as someone is always willing to pay more. You can't tell me anyone is buying a 19-20 Prizm blaster at $450 to collect. It's an investment. As long as someone else is willing to pay more it doesn't matter that it makes no sense. It's the same thing with the stock market right now. Collectibles in general. Bitcoin. As long as everyone doesn't all panic and try to sell everything will continue to go up. |
Buy crypto.
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bright
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[QUOTE=mossoholic;16830156]I don't think the market will fall apart as long as someone is always willing to pay more. You can't tell me anyone is buying a 19-20 Prizm blaster at $450 to collect. It's an investment. As long as someone else is willing to pay more it doesn't matter that it makes no sense. It's the same thing with the stock market right now. Collectibles in general. Bitcoin. As long as everyone doesn't all panic and try to sell everything will continue to go up.[/QUOTE]
Isn’t that basically the definition of a bubble? Like you said, no one wants to own most of these items at the prices they paid - they just want to sell them to a “greater fool”. All investments are tied to some intrinsic value, and for cards it’s what a collector is willing to pay to own and enjoy it. It seems like for a lot of cards the “market value” has become absurdly detached from the intrinsic value. |
[QUOTE=jfan2024;16829163]I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.[/QUOTE]
sorry sir, but cards only go UP |
[QUOTE=jfan2024;16829163]I think the entire hobby flames out spectacularly eventually. When it does and only collectors are left, which I swear feels like only maybe 5-10% of the people actually buying cards nowadays, cards that actually look good will be the ones holding the most residual value. I can't imagine how on earth that could possibly be prizm.[/QUOTE]
This is... something. Super wrong But something |
[QUOTE=mossoholic;16829793]Could be right but the number of people collecting right now is max 5%. I would say probably 2-3%. Pretty hilarious considering just 2 years ago it was 95% collector 5% investor.[/QUOTE]
Are you talking about volume of cards or people? I consider myself a collector but I also invest in cards. I'll be here even if the card market crashes. If I fall under collector, it's way higher than 2-3%. |
[QUOTE=tracymcgravy;16829887]That's my whole thing with the Luka Prizm. In 2020, the hobby exploded - heck, even I got back into it in November 2019 - but I get crazy looks when I tell people printed rectangles of cardboard are selling 4, 5, and 6 figures on the daily. Obv the hobby has grown but it's still a relatively small market. I just don't see 15,000 people on earth willing to pay $1,500 (btw that's A LOT of money) for a glossy piece of paper. I'm not hating on the hobby. I love it, and I have spent what I consider to be a large chunk of change on cards this year, but I just don't think there are 15,000 people out there who view pieces of paper the same way I do or other people on the forum do.[/QUOTE]
This is such a rookie take As the forum is like 2% of the market You’ll be shocked to learn like a billion collectors/investors don’t post on Blowout like us weirdos They just buy and stash |
I don’t understand where people come up with these made-up percentages of collectors vs. investors in the hobby. I see people all the time that say there’s only 5% collectors and the rest are investors. Where are you getting these estimates from? Do you just feel that way because you can’t find retail and prices are increasing, so that means that it’s all because of investors and there are no collectors? There are still plenty of collectors out there, not everyone is an investor dork.
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All I know is I want Panini to dump 80% of the trash products and release a premium / Prizm Luminance set.
Would be one of the releases of the year. |
[QUOTE=bigjbasketball;16830505]I don’t understand where people come up with these made-up percentages of collectors vs. investors in the hobby. I see people all the time that say there’s only 5% collectors and the rest are investors. Where are you getting these estimates from? Do you just feel that way because you can’t find retail and prices are increasing, so that means that it’s all because of investors and there are no collectors? There are still plenty of collectors out there, not everyone is an investor dork.[/QUOTE]
Are you quoting me without quoting me? Because it’s quite easy to judge market vs. the small percentage of Blowout members If you aren’t talking to me than ignore me |
[QUOTE=asujbl;16830642]Are you quoting me without quoting me?
Because it’s quite easy to judge market vs. the small percentage of Blowout members If you aren’t talking to me than ignore me[/QUOTE] No I wasn’t specifically referencing your post, but I wanted to respond anyway because I agree that Blowout is a very small percentage of the overall collecting base that’s out there. I was just saying that I don’t see how anyone can accurately calculate any sort of collector vs. investor percentage. And when they do, it’s always so heavily weighted to investors rather than collectors. I still see a lot of collectors out there, especially on Instagram. Tons of real collectors with all kinds of unique collections, not just investors. I could be wrong as well though, I’m definitely not an authority on this issue. |
[QUOTE=mossoholic;16830156]I don't think the market will fall apart as long as someone is always willing to pay more. You can't tell me anyone is buying a 19-20 Prizm blaster at $450 to collect. It's an investment. As long as someone else is willing to pay more it doesn't matter that it makes no sense. It's the same thing with the stock market right now. Collectibles in general. Bitcoin. As long as everyone doesn't all panic and try to sell everything will continue to go up.[/QUOTE]
Investing? Some folks still buy to break. Even at these prices. Thats called gambling i reckon. |
Prefer Select over Prizm
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