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#551 |
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Join Date: Feb 2012
Posts: 21,209
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#552 |
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Join Date: Apr 2019
Location: New Mexico
Posts: 2,712
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#553 |
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People actually bought this product?
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#554 |
Member
Join Date: Feb 2012
Posts: 21,209
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#555 |
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Join Date: Jun 2017
Posts: 17,553
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By next week the huge wave of singles will hit eBay once all orders have been received.
I mean it sold out so a giant deluge is coming. Right? Sent from my iPhone using Tapatalk
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So we cheated and we lied and we tested. And we never failed to fail; it was the easiest thing to do. |
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#556 | |
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Join Date: Feb 2012
Posts: 21,209
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This product is not going to crash in price like many are hoping. I think most people who bought boxes are keeping them sealed for the long term. You will never see a flood of singles for this product. |
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#557 |
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Join Date: Sep 2018
Posts: 26,641
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#558 | |
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Join Date: Sep 2018
Posts: 26,641
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I keep waiting… I’ve been seeing maybe ~20 listed for players I follow Sent from my iPhone using Tapatalk |
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#559 | |
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Join Date: Jun 2017
Posts: 17,553
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It only takes the 2 companies to prop up prices and set the floor. I’m not arguing it will crash. It has very little to do with demand. Sent from my iPhone using Tapatalk
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So we cheated and we lied and we tested. And we never failed to fail; it was the easiest thing to do. |
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#560 |
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Join Date: Feb 2012
Posts: 21,209
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Haha, the only dudes who are taking a loss are flippers who overspent and realized they have holiday season bills to pay, and are forced to sell.
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#561 | |
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Join Date: Sep 2018
Posts: 26,641
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Isn’t an immediate ~30% loss kind of a bad result for those who bought day 1??? Sent from my iPhone using Tapatalk |
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#562 | |
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Join Date: Feb 2012
Posts: 21,209
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It doesn't matter if the demand is coming for 2 parties or 10,000 parties, demand is demand. If the supply cannot saturate the demand of even just 2 parties, then is there really little demand? If those two companies need 1000 boxes each and they don't have it, they need to go into the market to get it - it's still demand. |
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#563 | |
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Join Date: Jun 2017
Posts: 17,553
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Your first sentence is accurate. Sent from my iPhone using Tapatalk
__________________
So we cheated and we lied and we tested. And we never failed to fail; it was the easiest thing to do. |
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#564 | |
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Join Date: Feb 2012
Posts: 21,209
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Blame our degenerate gambling, flipping and pumping colleagues - they are the ones who will crack first and buy at their ransom prices. |
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#565 | |
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Join Date: Sep 2018
Posts: 26,641
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Well… it sounded like you said demand is coming from middle men… I don’t think sustainable demand is driven by supply chain. They need to have some liquidity plan? Now they could assume in 10 years the content in the product will be worth enough more to make it worth holding. Or maybe they have demand from breakers who couldn’t get volume on day one? Has anyone checked to see what revenue breakers seem to be able to get on a per box basis? If they are getting $300, maybe they’d be willing to pay $250, and the middle men would be willing to buy at $200 to get to the breakers? Sent from my iPhone using Tapatalk |
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#566 | |
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Join Date: Jun 2017
Posts: 17,553
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See how what works? No one is entitled to anything. No one to blame for anything. I’m struggling to see what point you’re attempting to make. Sent from my iPhone using Tapatalk
__________________
So we cheated and we lied and we tested. And we never failed to fail; it was the easiest thing to do. |
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#567 | |
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Join Date: Feb 2012
Posts: 21,209
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5%-10% was purchased for personal consumption (ripping for self/collectors) 20%-30% was purchased for breakers to rip for customers 60%-70% was purchased by individuals/companies to put away for a long term investment/sell out of retail store for a higher price not caring if it moves or not. |
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#568 | |
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Join Date: Feb 2012
Posts: 21,209
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None of the big guys carry the product, yet. |
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#569 | |
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Join Date: Sep 2018
Posts: 26,641
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So you figure: hoard singles now, as availability will be poor going forward? Sent from my iPhone using Tapatalk |
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#570 | |
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Join Date: Feb 2012
Posts: 21,209
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Unfortunately, we aren't going to see a flood of singles come up, it will be like a slow trickle, like in men with large prostates, of people/breakers who gradually open this up. Box prices won't drop like most people were hoping earlier in the thread. They thought that by not buying from topps, they would be able to find it cheaper later. Unfortunately, they will miss out. Maybe the disappointed ones were the ones who wanted to sell their boxes immediately for profit. It came out so high in price, the profit margin wasn't there. So they pout about it. |
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#571 | |
Member
Join Date: Feb 2012
Posts: 21,209
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It's too expensive to rip. It's too hard to pull really good stuff. Sealed box prices will stay high. So no one will ever open this product, except for breakers, albeit at a slow pace. It's like many of the national treasures cases that people got from the "money tree." You won't see a whole lot of singles because it will be traded around as a sealed product for eternity, as an investment vehicle, so as long as any single player stays hot in the product. Last edited by hermanotarjeta; 12-18-2022 at 05:49 PM. |
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#572 |
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Join Date: Jun 2017
Posts: 17,553
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We just disagree is all. I don’t think many people thought that by declining to buy this $100 product for $250 that they’d be able to buy cheaper later. I think most just flipped a bird to the product overall.
This is a ridiculous price point. Period. Games will be played to try and entice and some will sell to mostly breakers. With no autos to procure we know how little this costs to produce. They can back door 80% of the PR at “heavily discounted” prices and still make a mint. Weather the distys make any $ or just spin their wheels with this one remains to be seen. As long as Julio mashes it’s all good. The manufacture/ disty relationship is symbiotic in this business to an extreme degree.
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So we cheated and we lied and we tested. And we never failed to fail; it was the easiest thing to do. |
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#573 | |
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Join Date: Feb 2012
Posts: 21,209
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Would the few lucky ones who got boxes for $100 be pumping it up as "product of the year?" and singing it's praises constantly? Because this is one the first products where Topps is the one profiting directly, rather than the big box retailers, but it changes everyone's perception. Let me correct myself - it changes the box flipper's perception. As a collector, it doesn't really matter to me if I paid $250 for the box to a dude at a show, bought in on ebay, bought in on Topps, or bought it on blowout - it's a great looking product regardless. But as a flipper, their entitled profitz were wiped away immediately by Topps - which I respect Topps for doing even though I, like everyone else, would prefer to pay a cheaper price for the box. The main ones complaining about this product's price and trying to discredit it are the MIDDLEMEN, ie flippers and profiteers. Last edited by hermanotarjeta; 12-18-2022 at 06:08 PM. |
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#574 |
Member
Join Date: Sep 2018
Posts: 26,641
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So… what are folks thinking the fair multiples vs. base sapphire are in 2022?
Is gold x5? Sent from my iPhone using Tapatalk |
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#575 |
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Join Date: Feb 2012
Posts: 21,209
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