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Old 11-25-2019, 07:11 PM   #1
Lee42
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Default Prizm FOTL Announced

https://blog.paniniamerica.net/panin...uction-format/



For all of us at Panini America and for basketball collectors across the globe, Cyber Monday 2019 promises to be a legitimate history-maker. That’s the day Panini America’s highly anticipated 2019-20 Prizm Basketball 1st Off The Line Premium Edition launches direct-to-consumer exclusively on iCollectPanini.com. That fact alone is worthy of industry-wide headlines. But, wait . . . there’s more.

For the first time in company history, Panini America officials are utilizing a “Dutch Auction” format for 2019-20 Prizm Basketball FOTL Premium Edition. The auction begins at 10 a.m. CST on Cyber Monday at the maximum box price; that price will then drop every two minutes as customers set the market price for the product in real-time. Customers will be limited to 12 boxes per transaction.

On average, each FOTL Premium Edition box of 2019-20 Prizm Basketball will deliver three FOTL-exclusive Shimmer Autographs, three FOTL-exclusive Shimmer Prizms and four Silver Prizms. Stay tuned for additional coverage and be ready Cyber Monday morning to experience our first-ever Dutch Auction.
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Old 11-25-2019, 07:11 PM   #2
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Bot time! sorry...couldn't resist! lol
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Old 11-25-2019, 07:13 PM   #3
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Hmmm. Dutch auction. Is that like a Dutch oven?
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Old 11-25-2019, 07:13 PM   #4
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Oh lord. A Dutch Auction? This is a joke right?
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Old 11-25-2019, 07:13 PM   #5
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What do they settle at? $500? $300? Not a good shot at saving money on this compared to regular hobby, which sucks as a little guy.
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Old 11-25-2019, 07:14 PM   #6
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Welp. So much for 1st Off the Line being about MSRP
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Old 11-25-2019, 07:14 PM   #7
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Terrible idea from Panini, so average Joe Buyer is about to get screwed. It's gonna be expensive already, but now it'll be untouchable by regular people
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Old 11-25-2019, 07:14 PM   #8
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Shimmers!

LUL
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Old 11-25-2019, 07:14 PM   #9
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Bet they are stupidly high.
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Old 11-25-2019, 07:14 PM   #10
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Quote:
Originally Posted by bustsomewax View Post
Hmmm. Dutch auction. Is that like a Dutch oven?
I’d rather pay for a Dutch oven than have to deal with this.
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Old 11-25-2019, 07:15 PM   #11
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Looks like I won’t be wasting my time on this. Bet they’re all scooped at the starting price which will not be where I’d want to be. Retail or death for me!
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Old 11-25-2019, 07:15 PM   #12
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Is this going to go on all day?
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Old 11-25-2019, 07:15 PM   #13
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Further cements my desire for retail
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Old 11-25-2019, 07:16 PM   #14
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NFL format as well
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Old 11-25-2019, 07:17 PM   #15
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Guess the guy who posted the Dutch Auction rumor here like a month ago knew what he was talking about (unfortunately).
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Old 11-25-2019, 07:17 PM   #16
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StockX 2.0 1,000 per box.
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Old 11-25-2019, 07:18 PM   #17
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Panini will probably start the price at $1000 lol Isn’t the appeal of FOTL is to get the box at MSRP? One day this hobby will be exclusive to people with deep pockets and group breakers. Anyway retail for me.
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Old 11-25-2019, 07:18 PM   #18
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wow they ruined it
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Old 11-25-2019, 07:18 PM   #19
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Quote:
Originally Posted by oldgoldy97 View Post
What do they settle at? $500? $300? Not a good shot at saving money on this compared to regular hobby, which sucks as a little guy.
what do they start at
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Old 11-25-2019, 07:21 PM   #20
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Maybe i'll have a shot this time...probably not though. They'll still sell out in minutes.
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Old 11-25-2019, 07:21 PM   #21
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should start at 1K
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Old 11-25-2019, 07:22 PM   #22
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Quote:
Originally Posted by glen87 View Post
what do they start at
If the pic in the blog is accurate....$1K
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Old 11-25-2019, 07:22 PM   #23
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So let's say they start at $1000 and go down. Someone commits at $800. Do they have the option then to buy 12 boxes?

Everyone has to wait for the next auction to start? How long is this going to take?
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Old 11-25-2019, 07:22 PM   #24
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unnumbered blue shimmers. can't estimate production.
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Old 11-25-2019, 07:23 PM   #25
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they will sell out at 1K
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