Fanatics Collect (Facebook Page) has officially jumped the shark
 

They posted this "story" yesterday

In 2017, Andrew Park [B][SIZE="7"]was just 12 years old[/SIZE][/B] when he walked into the National Sports Collectors Convention in Chicago and made the biggest purchase of his young collecting career.
[B][SIZE="7"][COLOR="Red"]He bought a Giannis Antetokounmpo rookie card for $40,000, [/COLOR][/SIZE][/B]his 1/1 Logoman from National Treasures. Some collectors passed on it. Others thought he overpaid. But Andrew trusted his instincts.
“Honestly, I had a feeling about Giannis,” he said. “And I’m so grateful I trusted my instincts.” Three years later, he sold the card for $1.81 million. At the time, it was the most expensive basketball card ever sold. That flip alone earned him a $1.77 million profit. But it was not luck.

Can't wait to find out the background on how a 12 yr old affords a 40k card and then at 15 sells it for 1.81 million

What a feel good rags-to-riches story.

Did he write a journal entry?

Stop being jealous. Andrew Park worked really hard cleaning his room and taking out the trash to earn his allowance of $40,000 that month. Someone interviewed his birthing doctor recently and he said the first words out of this baby's mouth when he exited the womb tunnel was "Go big or Go home". He was only living up to his destiny by making this purchase.

Interesting fact about the seller? This National Treasures Logoman was pulled out of a Topps Flagship blaster box he purchased from a local Burger King.

Can you stop? I am trying to get junior high kids addicted to gambling so I have steady income over the next few decades.

Fanatics is playing a game called "reeling in the guppies"

It works, go look on eBay at the Jay Cuttler that just sold for $12k lol

This is a five-year-old story originally published by Business Insider, authored by a female business journalist who doesn't seem to be connected to Fanatics. It is behind a paywall. Fanatics just re-posted the excerpt.

There's a lot of 16 year-olds in Orange County driving around luxury cars, so the provenance of the money isn't a question. If your argument is that Business Insider shouldn't advertise how the 1% is living, I'm not sure suppressing stories like this is the answer. On a forum where half the threads are discussing how this hobby has become too expensive, this is a good example of why. Although, it does put a small dent in the "breakers ruined everything" narrative. For every thousand gamblers maxing out $500 credit cards on break spots, there is 1 Andrew Park dealing millions in cards.

More importantly, does the 12-year-old pay his taxes?

The amount of 12 year olds at the National (or even the Chantilly show) with lunch boxes full of four figure cards is just baffling to me. Going to a show with five bucks in my pocket was a gift in the 90s.

Fanatics Collect (Facebook Page) has officially jumped the shark
 

I think it’s a good story in terms of picking the right card and following your gut feeling on a player.


Sent from my iPhone using Tapatalk

[QUOTE=Jeter1020;19988160]I think it’s a good story in terms of picking the right card and following your gut feeling on a player.


Sent from my iPhone using Tapatalk[/QUOTE]

I mean, Giannis had already started racking up the accolades the season prior, winning the Most Improved Player Award and averaging 22.9 points and 10 rebounds in his age-22 season.

Regardless, if it hadn't been for the pandemic boom, this card probably would have resold for a much lower price.

Now that amount gets you into a Topps Chrome mega box random team group break.

Went to the national in 1994 at age 13 with $110 in my pocket. I remember my dad telling me not to spend it all in one place :cool:

[QUOTE=Crosby 87;19988071]Can't wait to find out the background on how a 12 yr old affords a 40k card and then at 15 sells it for 1.81 million[/QUOTE]

According to some comments, the 12 year old kid owned his own business that he started when he was just 2 years old. He produced custom Nike shoes apparently. Who would have thought, when 99.9% of us were just learning to wipe our butts, this 2 year old was like, Yo, I wannna make custom Nike's with fingerpaints and sell them for a lot of money. Bahaha :flex:

Dear diary,

I wanted a Giannis card so my daddy took me to the card show and bought me the best one I could find. He treats me so nice, just like how he treats mommy so nice and he treats my other mommy so nice,

Sincerely,

Timmy

Everyone get in the hobby and you can become a millionaire

It’s that easy

[QUOTE=hermanotarjeta;19988498]Dear diary,

I wanted a Giannis card so my daddy took me to the card show and bought me the best one I could find. He treats me so nice, just like how he treats mommy so nice and he treats my other mommy so nice,

Sincerely,

Timmy[/QUOTE]

Andy.

[QUOTE=Boredlawyer;19988102]Can you stop? I am trying to get junior high kids addicted to gambling so I have steady income over the next few decades.[/QUOTE]

Quote of my year.

[QUOTE=WillBBC;19988141]The amount of 12 year olds at the National (or even the Chantilly show) with lunch boxes full of four figure cards is just baffling to me. Going to a show with five bucks in my pocket was a gift in the 90s.[/QUOTE]

I sweated out whether or not I should pay $75 for a Sandy Koufax signing in 1995 or 1996. Like I was seriously distressed paying that much for an auto (fortunately I did it).

I don't know why a manufacturer thinks they should be able to cast judgement on marketplace transactions

absolutely crosses a line

[QUOTE=Triple B;19988810]Andy.[/QUOTE]

Good catch.

I can’t wait for the “kid bought a Wander Franco superfractor auto for $80,000 and turned it into a meeelllion dollars” post.

Oh, wait.

[QUOTE=rudan007;19988453]Went to the national in 1994 at age 13 with $110 in my pocket. I remember my dad telling me not to spend it all in one place :cool:[/QUOTE]

What did that get you in 94 at the National?

[QUOTE=Bosoxfan5990;19988073]Did he write a journal entry?[/QUOTE]

Underrated.

:D:D:D