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Old 05-12-2023, 09:37 AM   #26
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If you love cards it isn't really a task. At least not for me. It becomes one down the road after you have looked at the same things over and over, but I try to get most of my new release work done within a couple of weeks. Maybe a month depending on the release and the quantity I am opening. There are also faster ways to dump bulk to cut that down even more, but obviously you lose a lot of your revenue doing that.
Are we talking pre-ordering cases and breaking them down into sets, selling parallels immediately, and grading a choice few to sell later?
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Old 05-12-2023, 09:40 AM   #27
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I said 99%. I was referring to these boards, not necessarily the hourly rate of the country. Maybe I should have clarified that, but I didn't think anyone would be naive enough to think it was referring to the CEOs and the Elon Musk's of the world. But here we are. You never disappoint.
The board income curve skews right far more than you think. And the income of Musk doesn’t influence wage percentiles since they are percentiles and not means.

I’ve given you plenty of opportunity over the years to prove your claims, so here it is again.

How many series 1 cases did you purchase? How many hours did you put into ripping and flipping? And what was your pre-tax net?
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Old 05-12-2023, 09:57 AM   #28
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The board income curve skews right far more than you think. And the income of Musk doesn’t influence wage percentiles since they are percentiles and not means.

I’ve given you plenty of opportunity over the years to prove your claims, so here it is again.

How many series 1 cases did you purchase? How many hours did you put into ripping and flipping? And what was your pre-tax net?
I look forward to him dodging this question, yet again
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Old 05-12-2023, 10:00 AM   #29
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For some people, the pre-tax net is hard to show because we're still selling cards from it. I sold a base card TODAY for $.84 profit. While I'm definitely not making $120 per hour it is staggering how much people overpay the first few hours/days.
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Old 05-12-2023, 10:00 AM   #30
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Yeah, no.

Top 1% income in WV (lowest in the country) is $374,312. Assuming a 60 hour work week, that’s $120/h. You’re bringing in $120/h ripping and listing Flagship?
He’s really fast.
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Old 05-12-2023, 10:02 AM   #31
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For some people, the pre-tax net is hard to show because we're still selling cards from it. I sold a base card TODAY for $.84 profit. While I'm definitely not making $120 per hour it is staggering how much people overpay the first few hours/days.
I’ll take the number you give me and add a very generous 50% extra for the value of residual inventory.
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Old 05-12-2023, 10:11 AM   #32
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Being first to market and pre-selling seems to be the best way to make the most money off of this product. Just like grading key rookies, be one of the first to get a 10 and list it on eBay
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Old 05-12-2023, 10:20 AM   #33
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Originally Posted by KhalDrogo View Post
The board income curve skews right far more than you think. And the income of Musk doesn’t influence wage percentiles since they are percentiles and not means.

I’ve given you plenty of opportunity over the years to prove your claims, so here it is again.

How many series 1 cases did you purchase? How many hours did you put into ripping and flipping? And what was your pre-tax net?
I don't have to "prove" anything. I'm not that arrogant and don't need my ego to be stroked just to prove myself right. I opened 40 cases of Series 1 this year. I actually know what I am talking about. I am not a random poster shouting nonsense that doesn't even open the products I am talking about. Kind of like what you are doing. I could post my pre-tax net revenue and you wouldn't believe me. I could attach my spreadsheets for the last 10 years and you wouldn't believe me, so what is the point? You are just doing your normal routine. Pooping on everything, then pooping on anyone who has a different opinion than yours. Even when your opinion is an actual opinion, and my "opinion" is factual because I have actually opened the product and have the sales to back it up.
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Old 05-12-2023, 10:23 AM   #34
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I’ll take the number you give me and add a very generous 50% extra for the value of residual inventory.
I don't track on a product by product basis, I really should get better about this but I'm terrible at separating.

I bought a single case for rip and flip and I have 286 individual sales for just 2023 Topps Series 1 since release. A portion of this 'sales' include multiple items from 2023 Topps Series 1 or other items in my store. I wasn't claiming any specific dollar amount (again, even if you said I have to disclose this number or I lose a pinky I wouldn't be able to track it)

I know factually I have made a profit but my hourly is probably miniscule. I have inefficiencies in the way I rip and list that would likely speed up my process that I assure Premium does.

Premium makes money on his case rips I promise. I don't know how much and he really has no reason to lie but I am sure it is more than the common person would realize.

There is another member who had 10 Blasters of 2023 Bowman, had them a little early and had net sales over $1,500 from just singles with the highest card being a $50 card.
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Old 05-12-2023, 10:24 AM   #35
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I look forward to him dodging this question, yet again
I have never dodged any direct question. I just don't post specific numbers for more reasons than one. Just like you wouldn't post your tax returns if I asked for them. Its a stupid thing to ask for and as I mentioned in my last post you would say my numbers are fake anyhow. So what's the point? I don't see one other than to win an argument. That doesn't seem like a good enough reason to me.
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Old 05-12-2023, 10:27 AM   #36
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Any signs of there being HOFer SSP's?

Really like those from previous years....
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Old 05-12-2023, 10:29 AM   #37
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I don't track on a product by product basis, I really should get better about this but I'm terrible at separating.

I bought a single case for rip and flip and I have 286 individual sales for just 2023 Topps Series 1 since release. A portion of this 'sales' include multiple items from 2023 Topps Series 1 or other items in my store. I wasn't claiming any specific dollar amount (again, even if you said I have to disclose this number or I lose a pinky I wouldn't be able to track it)

I know factually I have made a profit but my hourly is probably miniscule. I have inefficiencies in the way I rip and list that would likely speed up my process that I assure Premium does.

Premium makes money on his case rips I promise. I don't know how much and he really has no reason to lie but I am sure it is more than the common person would realize.

There is another member who had 10 Blasters of 2023 Bowman, had them a little early and had net sales over $1,500 from just singles with the highest card being a $50 card.
I simply make some posts, like my original one in this thread to help people realize you can open a few things in this hobby and not actually lose money. That is the goal right? People complain about losing and no value and bla bla bla. This is something you can actually win at. And even if you aren't a business, or aren't as efficient as I am you can still get your money back and keep some cards for the PC. I don't know why some people push so hard against this. I have no angle at all. I don't care if people lose money or make money. It doesn't change a thing in my life. But its irritating to hear the same people spread their garbage over and over. This is not a losing product at release unless you just do not put any effort into it at all. Minimal effort will get you back to even. All it does is show the level of ignorance that some people have.
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Old 05-12-2023, 10:32 AM   #38
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I don't have to "prove" anything
That’s what I thought.

Make an outlandish claim that the return on flagship is greater than the hourly wage for 99% of us, and then get triggered and refuse to back it up when challenged. Typical Blowout loudmouth.
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Old 05-12-2023, 10:35 AM   #39
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Premium makes money on his case rips I promise. I don't know how much and he really has no reason to lie but I am sure it is more than the common person would realize.
Do you believe him when he says the hourly return on Flagship is greater than what 99% of us make?

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Old 05-12-2023, 10:38 AM   #40
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Do you believe him when he says the hourly return on Flagship is greater than what 99% of us make?

Considering a lot of us are on message boards throughout the day, it is possible. 99% is probably high and obviously immeasurable but I would guess, again, that it is a lot more than you'd expect.
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Old 05-12-2023, 10:47 AM   #41
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Premium:
I mean couldn't you just say how long 1 case takes to open, sort, and list. Then just multiply by number of cases to get the hours worked.

Khal:
Sales you can then just use eBay sold prices (average several players/cards).

Then use pack odds for SP, color, auto/relic, etc. and estimate # of sets made in a case since no case is the same as in value.


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Old 05-12-2023, 10:48 AM   #42
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Considering a lot of us are on message boards throughout the day, it is possible. 99% is probably high and obviously immeasurable but I would guess, again, that it is a lot more than you'd expect.
What do you think I expect though? See how I haven’t thrown out numbers or made any claims other than refute the outrageous 99th percentile that he threw out there? I know there is money to be made ripping Flagship in bulk. I’ve never refuted that. I’ve asked repeatedly for someone to show how much can be made ripping in bulk (talking dozens of cases). But nobody ever wants to, even though the discussion could be ended by taking a couple minutes to do so.
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Old 05-12-2023, 10:54 AM   #43
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I mean, someone has to buy boxes so I can buy singles. Right?
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Old 05-12-2023, 10:55 AM   #44
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Im guessing that most of the rookies in heritage that didnt have a s1 rc will be in s2. The grind to make money off of flagship is not for me, it feels like collecting cans for recycling. and you have to be super fast and do it all in the first week.
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Old 05-12-2023, 10:55 AM   #45
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Any signs of there being HOFer SSP's?

Really like those from previous years....
I did too, but looks like they're committed to the golden SSP's for every card on the CL.
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Old 05-12-2023, 11:02 AM   #46
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What do you think I expect though? See how I haven’t thrown out numbers or made any claims other than refute the outrageous 99th percentile that he threw out there? I know there is money to be made ripping Flagship in bulk. I’ve never refuted that. I’ve asked repeatedly for someone to show how much can be made ripping in bulk (talking dozens of cases). But nobody ever wants to, even though the discussion could be ended by taking a couple minutes to do so.
Fair enough, I have no idea what you expect.

Let's say someone had an average case and listed every single card in a timely matter - I would guess they made $100-$400 per case (I would guess I made a little more than this, I have nothing to back it up)

Premium opened 40 cases and while we say $100-$400 on average case I would guess even the worst case possible he still makes money. Over 40 cases he probably has singles that sold for over $300+ maybe even $500+

His hours are not equal to someone doing one case vs just multiplying by 40 cases because a lot of things he only has to make a listing once and use sell similar or do quantity listings and list items in seconds. He would not buy 40 cases if he was not uber efficient at listings + getting them lower than most people have access to so I'll bump him another $100 per case just for buy in price.

I would estimate it took me 16 hours to rip, list and ship. I know I could be faster and I know he and I have different listing techniques as well as selling techniques. If it took me 16 - I'll give him 8 hours with listing going down at a rate of 1% per case.

40 Cases estimated time to rip and list every single card = 256 hours

40 Cases Profit - $20,000 (ABSOLUTE MINIMUM in my opinion - if I was on price is right I would guess $45,000)

@ $20,000 he makes $78 an hour
@ $45,000 he makes $175 an hour

Yeah, those are numbers are probably higher than 90% of board members.
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Old 05-12-2023, 11:09 AM   #47
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I applaud you for making an effort.

$20k for 40 cases implies an average of $500 profit per case. That's your worst case scenario? Seems quite high, but I don't know. But if you're making $500 profit a case, why stop at 40?

$45k for 40 cases is an average profit of $1125 per case. Come on now...
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Old 05-12-2023, 11:43 AM   #48
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If the 99% figure is true, I feel very grateful
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Old 05-12-2023, 11:45 AM   #49
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I applaud you for making an effort.

$20k for 40 cases implies an average of $500 profit per case. That's your worst case scenario? Seems quite high, but I don't know. But if you're making $500 profit a case, why stop at 40?

$45k for 40 cases is an average profit of $1125 per case. Come on now...
You're right, it could be even more. I know I paid $950 for my case but I was the fourth person to touch it, direct cost was $685 for hobby and $661 for Jumbo. Adley base rookies would bring back 7% of the initial cost if sold opening week. This release had a ton of hype with a lot of notable rookies. The first listings of Golder Mirror SSPs were pretty nuts, too. Those probably brought back another 7% - again. Imagine if he pulled ANY card over $300 which he did, what about a $500 card? What about $1,000?

$45,000 might be low. I did some rough math - what do you think he made? How many hours do you think he spent? And stopping at 40 may be an arbitrary number that he chose. I can make money on a case, why not do two? Why not three?

I go through flavor fatigue when I do too much of one product. There are other ways to make money in this hobby that he may be spending his time on. I could probably scroll through Blowout offered products right now and find 5+ that I could rip right now and make money on, I don't care what's inside. The floor of these products, if listed properly, is higher than current market price. I have 100,000 unlisted cards that I need to get through first or I would do that all day long.
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Old 05-12-2023, 11:48 AM   #50
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I’m dead. This is some of the funniest stuff I’ve ever seen on Blowout.


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