First Buzz: 2020-21 Panini National Treasures NBA cards

[yiguiri2002]

FWIW I would buy that Salmons for my collection

[90skid]

LOL they used the same image for the Zion base card as the Father's Day card. I like the Father's Day cards better!!

[Cardboard Dawg]

Originally Posted by k13

I don't think you know what true RPA means here.

No one cares where the patch comes from. They are never game used anyway.
It is what the card represents.

If another set had a rpa with game used material the NT would still sell for higher.

True RPA, are you meaning a Random Patch Auto?

These have zero affiliation with the player. They've always been event-worn, game-worn, etc. etc. It's a jersey they bought, slapped in the card and called it a "Rookie Patch Auto." What's stopping me from buying one of these cards, cutting out the NBA logo and slapping it in one of them? It would be about as real as the cards are now.

More power to you if you want to purchase this product or any Panini basketball product but this has turned into modern-day gambling. How any real collector could buy into any of these products is beyond me.

[PSA2Pac]

I know what they mean by “true RPA” but Random Patch Auto is definitely the new definition

[sportsfanatic]

Originally Posted by Steve88

hahahahahaha you can't make this stuff up. Is this the year collectors finally take a stand against panini?

Originally Posted by bigjbasketball

Unfortunately as long as Panini has a monopoly, nobody is doing anything. People who want basketball cards only have one choice to go to.

People can take a stand and it's already started. Post comments on social media about how exorbitantly high prices are for a trash product. Flood YT/FB chats of prominent breakers with comments regarding how Panini/distributors/breakers are robbing people of their hard-earned money. Word will get back to Panini from distributors/breakers that people are upset about the high-end prices they're paying for low-end trash. We just might start to see wax prices come down closer to MSRP

[Steve88]

Originally Posted by sportsfanatic

People can take a stand and it's already started. Post comments on social media about how exorbitantly high prices are for a trash product. Flood YT/FB chats of prominent breakers with comments regarding how Panini/distributors/breakers are robbing people of their hard-earned money. Word will get back to Panini from distributors/breakers that people are upset about the high-end prices they're paying for low-end trash. We just might start to see wax prices come down closer to MSRP

Tried. Almost got kicked out of a FB group for doing it. Lots of people knees deep with money in the hobby that would suffer if there's a crash. Guarantee they'll do anything in their power to try to keep this train running

[ExpFacilitators]

Originally Posted by Steve88

Tried. Almost got kicked out of a FB group for doing it. Lots of people knees deep with money in the hobby that would suffer if there's a crash. Guarantee they'll do anything in their power to try to keep this train running

I’ve gotten kicked out of group breaks for light-heartedly joking about my own personal negative ROI. Literally made a joke about how I lost my own money (not scolding or berating or even mentioning anyone else), so yeah....the powers that be really really don’t like even a small flashlight being pointed in the direction of how excessive the losses are.

The only healthy solution is to have an informed customer base but a lot of big spenders don’t care and smaller spenders are willfully ignorant.

[Cardboard Dawg]

Originally Posted by Steve88

Tried. Almost got kicked out of a FB group for doing it. Lots of people knees deep with money in the hobby that would suffer if there's a crash. Guarantee they'll do anything in their power to try to keep this train running

It's going to hurt a lot of people when these cards come back down. The only high-end that my LCS will get into are Topps. The Panini hobby boxes they have of football and basketball just sit on their shelves. They move Topps baseball, I mean really move Topps. People are already speaking with their wallets, at least around here.

[Steve88]

Originally Posted by Cardboard Dawg

It's going to hurt a lot of people when these cards come back down. The only high-end that my LCS will get into are Topps. The Panini hobby boxes they have of football and basketball just sit on their shelves. They move Topps baseball, I mean really move Topps. People are already speaking with their wallets, at least around here.

Can't even imagine all the hobby/card shops that opened up during this spike. Buying overpriced/inflated wax. Lots of hurt coming our way if the hobby takes a bigger downturn

[Brobocop]

Originally Posted by Steve88

Can't even imagine all the hobby/card shops that opened up during this spike. Buying overpriced/inflated wax. Lots of hurt coming our way if the hobby takes a bigger downturn

A few opened up in my area and I can already tell things are going to be rough for them. Almost all they are offering is base Topps products or a ton of retail Football/Basketball. Going to be a lot of hurt coming their way.

A guy I watch on YouTube that covers Magic the Gathering always, always, always advises against opening up your own store. People do not realize all the overhead costs and time you have to spend just to make a few bucks. He says 99/100 times, it's not worth it. I tend to believe him.

[Chris P]

Originally Posted by Brobocop

A few opened up in my area and I can already tell things are going to be rough for them. Almost all they are offering is base Topps products or a ton of retail Football/Basketball. Going to be a lot of hurt coming their way.

A guy I watch on YouTube that covers Magic the Gathering always, always, always advises against opening up your own store. People do not realize all the overhead costs and time you have to spend just to make a few bucks. He says 99/100 times, it's not worth it. I tend to believe him.

Reminds of a relatively new shop that opened in our city. Overpriced retail that flippers left behind ($35 for a 2021 Topps Heritage Blaster LOL and most of the Barnes and Nobles stuff like 2020 Chronicles Football Hangers/Fat Packs, Bowman Cellos all outrageusly priced) and the hobby stuff is laughable ($230 for Hobby Hybrid Prizm Collegiate Football..the stuff that's still sitting on Panini's website for $130) they even are trying to sell their old junk wax like 92 Donruss Triple Play for $50 lmao..no way this shop lasts long

[Karnage]

Originally Posted by Brobocop

A few opened up in my area and I can already tell things are going to be rough for them. Almost all they are offering is base Topps products or a ton of retail Football/Basketball. Going to be a lot of hurt coming their way.

A guy I watch on YouTube that covers Magic the Gathering always, always, always advises against opening up your own store. People do not realize all the overhead costs and time you have to spend just to make a few bucks. He says 99/100 times, it's not worth it. I tend to believe him.

He's absolutely right. It's hard enough to run a normal retail store with overhead let alone a retail store where your inventory value fluctuates like a stock market every day.

[sportsfanatic]

Originally Posted by Steve88

Tried. Almost got kicked out of a FB group for doing it. Lots of people knees deep with money in the hobby that would suffer if there's a crash. Guarantee they'll do anything in their power to try to keep this train running

These breakers can't delete every comment that points out how much they're ripping people off. There are tons of comments all over IG now about how trash NT is, especially when you consider the over-inflated prices.

More importantly, a lot of breakers are struggling to fill their breaks, especially the mid-tier to small time breakers. They've had to either slash prices or have just canceled breaks altogether. People need to continue to make a stand

[pejc300]

And the fact that this thread is only eight pages long pretty much says everything about this product.

[Cardboard Dawg]

Originally Posted by Chris P

Reminds of a relatively new shop that opened in our city. Overpriced retail that flippers left behind ($35 for a 2021 Topps Heritage Blaster LOL and most of the Barnes and Nobles stuff like 2020 Chronicles Football Hangers/Fat Packs, Bowman Cellos all outrageusly priced) and the hobby stuff is laughable ($230 for Hobby Hybrid Prizm Collegiate Football..the stuff that's still sitting on Panini's website for $130) they even are trying to sell their old junk wax like 92 Donruss Triple Play for $50 lmao..no way this shop lasts long

I saw some new shop open back in March in the NJ area on TikTok. These guys started their YouTube channel and "collecting" back in October of last year I think. They were charging $50 for Heritage blasters. Bought at least $60K worth of sealed, high-dollar hobby boxes at the National that no one will be able to afford and believe they only got them to show off on social media(?). Either way there is no chance in hell they have enough business to have $100K cash laying around and I imagine most, if not all of their inventory, is being floated right now. No hobby boxes that you could get from distributors, all retail product marked up and they are incredibly rude and lazy people.

What are these shops going to do when collections knock on their door? Offer some overpriced box of cardboard as collateral?

Oh, and to top it all off, one of the owners pronounced Shohei as Sho-HI on one of his videos during a rip and wears gloves when ripping anything. To be that stupid with "money..."

[Tallguy1991]

Originally Posted by tommyboiazn23

That's a whole lot of yuck right there



Here's hoping Topps and Upper Deck put a bid in to come back forcing competition with quality and prices... maybe lol

Michael Eisner didn’t put together a SPAC to buy topps and take the company public just to stand pat with their current licenses. I seriously believe that topps will either figure out a way to get the league to cough up a second license or (less likely) they’ll just try and make a godfather offer Panini can’t compete with to snatch the license if the league insists on keeping it at 1 (which would make no financial sense for the league, especially given the lost revenue from COVID, which fully replacing will take years to do). Eisner has to be familiar with the lucrative potential locked up in an NBA license, especially so after running the entity that controls ESPN for so long. Taking topps public will result in a firehose of capital investment but for Eisner and the others in the SPAC group to really profit there has to be tangible growth going forward, and the easiest and most logical pathway to get there is getting an NBA license. I’d be shocked if we’re sitting here in 3 or 4 years and it’s still only Panini with a license.

Edit: added the sentence in parentheses for clarity
Sent from my iPhone using Tapatalk

[WalterAZ31]

Blez might be out

but meanwhile Platinum douches still going strong at PYT #35

fools and their money, must be nice

[Ross]

Boys vote with your money and don’t buy into this crap


Sent from my iPhone using Tapatalk

[Cavaliercards]

Originally Posted by Cardboard Dawg

It's going to hurt a lot of people when these cards come back down. The only high-end that my LCS will get into are Topps. The Panini hobby boxes they have of football and basketball just sit on their shelves. They move Topps baseball, I mean really move Topps. People are already speaking with their wallets, at least around here.

Topps and Panini equally fly off the shop here and at other shops we have visited.

[Cavaliercards]

Originally Posted by Cardboard Dawg

I saw some new shop open back in March in the NJ area on TikTok. These guys started their YouTube channel and "collecting" back in October of last year I think. They were charging $50 for Heritage blasters. Bought at least $60K worth of sealed, high-dollar hobby boxes at the National that no one will be able to afford and believe they only got them to show off on social media(?). Either way there is no chance in hell they have enough business to have $100K cash laying around and I imagine most, if not all of their inventory, is being floated right now. No hobby boxes that you could get from distributors, all retail product marked up and they are incredibly rude and lazy people.

What are these shops going to do when collections knock on their door? Offer some overpriced box of cardboard as collateral?

Oh, and to top it all off, one of the owners pronounced Shohei as Sho-HI on one of his videos during a rip and wears gloves when ripping anything. To be that stupid with "money..."

Nah, they just used their PPP loans to buy the wax.

Lot of breakers have been looking like Michael Jackson when breaking.

[Cavaliercards]

Originally Posted by Tallguy1991

Michael Eisner didn’t put together a SPAC to buy topps and take the company public just to stand pat with their current licenses. I seriously believe that topps will either figure out a way to get the league to cough up a second license or (less likely) they’ll just try and make a godfather offer Panini can’t compete with to snatch the license if the league insists on keeping it at 1 (which would make no financial sense for the league, especially given the lost revenue from COVID, which fully replacing will take years to do). Eisner has to be familiar with the lucrative potential locked up in an NBA license, especially so after running the entity that controls ESPN for so long. Taking topps public will result in a firehose of capital investment but for Eisner and the others in the SPAC group to really profit there has to be tangible growth going forward, and the easiest and most logical pathway to get there is getting an NBA license. I’d be shocked if we’re sitting here in 3 or 4 years and it’s still only Panini with a license.

Edit: added the sentence in parentheses for clarity
Sent from my iPhone using Tapatalk

The leagues want 1 License is the issue. Eisner went public to help himself and other executives financially.

NBA has said they love working with Panini, now that could change, but Panini could also use their MLBPA Support and go after Topp's baseball license too. Topps has been open they see more profit margin in non-sports and other sports than other US Leagues. There is less control in other avenues from the licensee and more profitability.

[Cavaliercards]

Originally Posted by brothertona

I only buy singles now, I got into breaks in 2018, product is way too expensive for the return. It just isn't worth it for me anymore.

The wax prices being so high is what is hurting these breaks. It is a $450-600 box that is driven up to $4000. The value inside did not go up on the lower and upper tier. Watched a breaker do a personal break of a case of NT and then Museum Baseball, guy got destroyed in both. He complained that because of the higher cost it should have more value. Companies arent seeing it that way and that is not going to change sadly.

[Spacemanspif]

Originally Posted by Cavaliercards

The wax prices being so high is what is hurting these breaks. It is a $450-600 box that is driven up to $4000. The value inside did not go up on the lower and upper tier. Watched a breaker do a personal break of a case of NT and then Museum Baseball, guy got destroyed in both. He complained that because of the higher cost it should have more value. Companies arent seeing it that way and that is not going to change sadly.

The value of the top 1% of cards is driving 100% of the wax prices. I see listings for commons all the time that are not based in reality but on how much it cost them to get into the break. It sucks so many people don’t understand how to look at checklists and calculate their expected value going into breaks, I think they just pay whatever the asking price is and wonder how they got destroyed later

[Brobocop]

Originally Posted by Spacemanspif

The value of the top 1% of cards is driving 100% of the wax prices. I see listings for commons all the time that are not based in reality but on how much it cost them to get into the break. It sucks so many people don’t understand how to look at checklists and calculate their expected value going into breaks, I think they just pay whatever the asking price is and wonder how they got destroyed later

Seeing the asking price for Allen and Ginter non-baseball autos is HILARIOUS.


Sent from my iPad using Tapatalk

[Cavaliercards]

Originally Posted by Brobocop

Seeing the asking price for Allen and Ginter non-baseball autos is HILARIOUS.


Sent from my iPad using Tapatalk

People think they have Kate Upton or George Bush Autographs this year.