Topps “Dutch” Auction

[oldgoldy97]

Originally Posted by PuddleMonkey

One of the many ways they manipulate the market.

[hermanotarjeta]

Originally Posted by ScooterD

I don’t understand all of the business side of the hobby or pretend to, but let’s assume the 2 of you are right.

Would either of you buy boxes/cases of the new products from Fanatics, anyway - if they were priced more cheaply? I don’t see may positive comments from either of you about new products - whether it’s the price, content, distribution, etc…

Most of the current products from fanatics currently are really not appealing or worthy of praise , especially at their distribution price points. However, if they are done right, I’ve given positive comments about specific products.

Cosmic chrome, for example, I think is a great product, even at the price point. Heritage high is usually a great release at current prices.

I think when it comes to high demand limited products, the release methods usually attract criticism, just as with anything that is in very high demand and expensive.

My commentary is specifically aimed at Fanatics business cunning and the investor boi sheep, with the associating price manipulation that takes advantage of the compulsive degenerates that come with the culture.

Have a nice day!

[hermanotarjeta]

It is a sad state of the hobby when it feels like 90% of the people who win the dutch auctions are doing so to resell their sealed boxes, either to breakers or to actually break for someone else.

What ever happened to being happy with the honor of purchasing a box to enjoy opening it and collecting the cards?

[Bob Ross]

Well that was fun. Still accurate:

Originally Posted by Bob Ross

Worst to best (loose term) methods for releases:

99) Dutch oven
98) EQL
.
.
.
.
1) FCFS

[Archimedes]

It seems Topps allowed cancellations. So, on a modified Dutch auction — which decreases in price over time — buyers simply canceled their purchase when prices dropped and rebought at the now lower price. That’s one of the crazier things Topps has allowed. Do we think they’ll fix that moving forward?


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[finfangfan]

Originally Posted by Archimedes

It seems Topps allowed cancellations. So, on a modified Dutch auction — which decreases in price over time — buyers simply canceled their purchase when prices dropped and rebought at the now lower price. That’s one of the crazier things Topps has allowed. Do we think they’ll fix that moving forward?


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That’s odd. I can’t imagine anyone not cancelling and buying lower if that was allowed and not a glitch.

[Archimedes]

Originally Posted by finfangfan

That’s odd. I can’t imagine anyone not cancelling and buying lower if that was allowed and not a glitch.

Exactly. It’s insane. Probably just a miss on Topps’ part.


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[Bob Ross]

Originally Posted by Archimedes

It seems Topps allowed cancellations. So, on a modified Dutch auction — which decreases in price over time — buyers simply canceled their purchase when prices dropped and rebought at the now lower price. That’s one of the crazier things Topps has allowed. Do we think they’ll fix that moving forward?


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Topps for a while has allowed all orders to be cancelled in the first 15 minutes after purchase.

[Archimedes]

Originally Posted by Bob Ross

Topps for a while has allowed all orders to be cancelled in the first 15 minutes after purchase.

Yeah, but they can’t maintain this feature for an auction with declining prices.


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[MiamiMarlinsFan]

Originally Posted by hermanotarjeta

It is a sad state of the hobby when it feels like 90% of the people who win the dutch auctions are doing so to resell their sealed boxes, either to breakers or to actually break for someone else.

A good chunk of the remaining 10% are just ripping to the sell the singles.

Originally Posted by hermanotarjeta

What ever happened to being happy with the honor of purchasing a box to enjoy opening it and collecting the cards?

When was this magical time you speak of? A time when no one cared about making a profit, or even having a net-zero cost hobby?! Was it during the reign of King Arthur in Camelot?

Sounds like you’re asking “Where have all the cowboys gone?”

*queue the Paula Cole song*

[ScooterD]

Originally Posted by MiamiMarlinsFan

Sounds like you’re asking “Where have all the cowboys gone?”

*queue the Paula Cole song*

Doo doo…. Da doo doo… da doo doo… da doo doo

[Bob Ross]

Originally Posted by Archimedes

Yeah, but they can’t maintain this feature for an auction with declining prices.


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This is Fanatics we’re talking about here. Why would we expect them to do anything correctly? They’re talentless.

[MiamiMarlinsFan]

Originally Posted by ScooterD

Doo doo…. Da doo doo… da doo doo… da doo doo

That’s the one. A song about bygone era that maybe never existed outside of fiction.

[hermanotarjeta]

Originally Posted by ScooterD

Doo doo…. Da doo doo… da doo doo… da doo doo

Originally Posted by MiamiMarlinsFan

That’s the one. A song about bygone era that maybe never existed outside of fiction.

I will split the packs
If you open the box

Where is my Mark Grace
Where is my bubble gum
Where is my happy ending
Where have all the wax packs gone?

[MiamiMarlinsFan]

Originally Posted by hermanotarjeta

I will split the packs
If you open the box

Where is my Mark Grace
Where is my bubble gum
Where is my happy ending
Where have all the wax packs gone?

Solid work here

[weatherwarrior]

If you were a company and could maximize what your product sells with little to no effort, while realizing all the profit before dumping it to consumers and eliminating middle men along the way....... Wouldn't you?

Thats what Dutch auctions does. Remember this is somewhat a hobby and the rest is all business.

The sneaker head storage unit flipboi world has taken over. Why has that happened? Breakers is why. When you can sell spots at any number it doesn't matter what its bought for. Social media pumping the next bounty and tracking the craze fuels the FOMO.

Gambling endorphin addicts will continue to pony up for the next chase and bounty.

The reasonable acquisition of products at reasonable prices is gone. Unless you own or know someone who owns a hobby shop you will be SOL when it comes to buying. They 10x'd the hobby alright. Just on the price side....

Flippers have always existed. Nothing wrong with what they do. The gambling is the problem... without the police going into debt to chase the next big bounty box flipping wouldnt exist. This goes back to the covid window.

Everything was attainable prior to covid.. you could 17' 18' and 19' product at will. Then everything shutdown. And people were at home with no place to gamble and that is when breaking exploded.

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[hermanotarjeta]

Originally Posted by weatherwarrior

If you were a company and could maximize what your product sells with little to no effort, while realizing all the profit before dumping it to consumers and eliminating middle men along the way....... Wouldn't you?

Thats what Dutch auctions does. Remember this is somewhat a hobby and the rest is all business.

The sneaker head storage unit flipboi world has taken over. Why has that happened? Breakers is why. When you can sell spots at any number it doesn't matter what its bought for. Social media pumping the next bounty and tracking the craze fuels the FOMO.

Gambling endorphin addicts will continue to pony up for the next chase and bounty.

The reasonable acquisition of products at reasonable prices is gone. Unless you own or know someone who owns a hobby shop you will be SOL when it comes to buying. They 10x'd the hobby alright. Just on the price side....

Flippers have always existed. Nothing wrong with what they do. The gambling is the problem... without the police going into debt to chase the next big bounty box flipping wouldnt exist. This goes back to the covid window.

Everything was attainable prior to covid.. you could 17' 18' and 19' product at will. Then everything shutdown. And people were at home with no place to gamble and that is when breaking exploded.

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Box flippa bois do plenty of wrong - they increase prices for everyone else in the hobby by passing on cost without being the actual end user of the product.

Everything is still available- at 10x the cost - and yes, the degenerate gambler culture AND the box flippa bois are to blame.

I know this isn’t a popular response, but the appearance is that the vast majority of current hobbyists participating in the Dutch auctions fall in either one of these categories.

[weatherwarrior]

Originally Posted by hermanotarjeta

Box flippa bois do plenty of wrong - they increase prices for everyone else in the hobby by passing on cost without being the actual end user of the product.

Everything is still available- at 10x the cost - and yes, the degenerate gambler culture AND the box flippa bois are to blame.

I know this isn’t a popular response, but the appearance is that the vast majority of current hobbyists participating in the Dutch auctions fall in either one of these categories.

Oh I agree with you. I remember opening prizm football for 140 a box. Select 135 a box.

Breakers and flippers continue to push prices higher for the average consumers. Its getting worse every year. When the resell market pops its gonna be a bad day fro alot of folks.

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[MiamiMarlinsFan]

Originally Posted by weatherwarrior

Oh I agree with you. I remember opening prizm football for 140 a box. Select 135 a box.

Breakers and flippers continue to push prices higher for the average consumers. Its getting worse every year. When the resell market pops its gonna be a bad day fro alot of folks.

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You won’t believe this, but back when it was $135-$140 a box, people were still complaining and reminiscing about the days when it was $60 a box…

[weatherwarrior]

Originally Posted by MiamiMarlinsFan

You won’t believe this, but back when it was $135-$140 a box, people were still complaining and reminiscing about the days when it was $60 a box…

Oh I believe it. People will complain regardless of prices. But what people could do when it was 130 a box is find it. The same is said in the bourbon world, or with watches or anything. Demand currently exceeds pricing. When that switches is going to be a downhill rush.

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[MiamiMarlinsFan]

Originally Posted by weatherwarrior

Oh I believe it. People will complain regardless of prices. But what people could do when it was 130 a box is find it. The same is said in the bourbon world, or with watches or anything. Demand currently exceeds pricing. When that switches is going to be a downhill rush.

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True. Some of those other markets are starting to see a more drastic drop than anything we’ve seen in sports cards. I don’t think we’ll have quite the drop in sports cards like we’re seeing with sneakers right now.

[nrm1977]

Originally Posted by hermanotarjeta

It is a sad state of the hobby when it feels like 90% of the people who win the dutch auctions are doing so to resell their sealed boxes, either to breakers or to actually break for someone else.

What ever happened to being happy with the honor of purchasing a box to enjoy opening it and collecting the cards?

That went away during the covid boom. The covid boom got a massive wave of backyard breakers (no point intended) and new money into the gambling arena. Until people stop buying into breaks this is where we're at.

[nrm1977]

Originally Posted by MiamiMarlinsFan

A good chunk of the remaining 10% are just ripping to the sell the singles.



When was this magical time you speak of? A time when no one cared about making a profit, or even having a net-zero cost hobby?! Was it during the reign of King Arthur in Camelot?

Sounds like you’re asking “Where have all the cowboys gone?”

*queue the Paula Cole song*

Before you covid boyz stepped into the arena.