Interesting tidbit about Fanatics Plans.

[smalltown]

"Fanatics’ plan for the physical trading card space is to expand it by opening the market to leverage it more via direct-to-consumer offerings, according to people familiar with the matter. For example, should collectors purchase a trading card, they’ll be able to insure the asset, grade, store and even put them on a marketplace to sell or trade — all through Fanatics. The company would likely collect transaction fees, and leagues will also get valued data they crave."

Here's the link to the full CNBC Article

[Nomad]

Packs are half the fun of cards.... but who knows, maybe I will be flying on a spaceship to Mars by then, could make a lot of sense.

[jcardstore]

Originally Posted by smalltown

"Fanatics’ plan for the physical trading card space is to expand it by opening the market to leverage it more via direct-to-consumer offerings, according to people familiar with the matter. For example, should collectors purchase a trading card, they’ll be able to insure the asset, grade, store and even put them on a marketplace to sell or trade — all through Fanatics. The company would likely collect transaction fees, and leagues will also get valued data they crave."

Here's the link to the full CNBC Article

They're beating PSA to the market.

I've talked with Geech quite a bit about this and he was the first one to say the next move is an all-in-one marketplace. He was 100% right on this one

Ebay is dying and someone needs to step in and it looks like it's gonna be Fanatics. Love the move

[SupermanBrandon]

Buy your packs or singles from Fanatics. Then have Fanatics also insure, grade, and re-sell your cards. They will also sell you your supplies too. They will get your money 3-4-5 times thru a cards process. I’m sure everything will be perfectly fine and legit.


Sent from my iPhone using Tapatalk

[smalltown]

Originally Posted by jcardstore

Ebay is dying and someone needs to step in and it looks like it's gonna be Fanatics. Love the move

I think "Ebay is dying" is hyperbole - they're by far the biggest collectibles marketplace in the world and that's not likely to change anytime soon, so they'll always have the most eyes. Love it or hate it.

[Brobocop]

Call me a dinosaur but I kind of hate everything being all under one umbrella. I look at what's going on with Heritage and WATA grading and it's just ripe to scam people.

[jayjones82]

In 10 years, eBay will hold all of the licensing agreements. Calling it now.

[jcardstore]

Originally Posted by smalltown

I think "Ebay is dying" is hyperbole - they're by far the biggest collectibles marketplace in the world and that's not likely to change anytime soon, so they'll always have the most eyes. Love it or hate it.

For now. The next move in collectibles is the all-in-one marketplace and ebay won't be able to do it quickly enough.

Fanatics saw the void and they're moving on it. This is most definitely going to take business away from ebay.

[sethc1020]

Originally Posted by SupermanBrandon

Buy your packs or singles from Fanatics. Then have Fanatics also insure, grade, and re-sell your cards. They will also sell you your supplies too. They will get your money 3-4-5 times thru a cards process. I’m sure everything will be perfectly fine and legit.


Sent from my iPhone using Tapatalk

I feel like this also takes a lot of fun out of the hobby as well. As any collector will tell you 90% of the fun is in the chase. Being able to just buy the singles straight from the manufacturer takes away from that in my opinion. But im still a bit old school. Man thats hard to say! lol

[smalltown]

Originally Posted by jcardstore

For now. The next move in collectibles is the all-in-one marketplace and ebay won't be able to do it quickly enough.

Fanatics saw the void and they're moving on it. This is most definitely going to take business away from ebay.

Sure it'll take business away from ebay. No doubt. But that doesn't mean they'll kill ebay. Ebay will always have more eyes on their site by not being niche. By being a marketplace for everything.

[smalltown]

Originally Posted by sethc1020

I feel like this also takes a lot of fun out of the hobby as well. As any collector will tell you 90% of the fun is in the chase. Being able to just buy the singles straight from the manufacturer takes away from that in my opinion. But im still a bit old school. Man thats hard to say! lol

100%. Ripping packs, hunting for deals, the chase.

[k13]

Direct to consumer means direct to bots.

[FinSoonerGMG]

Fanatics will buy BGS

[njsportscardguy]

Originally Posted by FinSoonerGMG

Fanatics will buy BGS

Fanatics will BUY THE WORLD!!!!!

[rogueriver]

Originally Posted by jayjones82

In 10 years, eBay will hold all of the licensing agreements. Calling it now.

I am actually shocked they dont, I think they might be worried about what it would look like and anti trust type issues.

[rogueriver]

Originally Posted by sethc1020

I feel like this also takes a lot of fun out of the hobby as well. As any collector will tell you 90% of the fun is in the chase. Being able to just buy the singles straight from the manufacturer takes away from that in my opinion. But im still a bit old school. Man thats hard to say! lol

This will kill the card market, at least on the modern type stuff. Personally as a collector the way to go would be the way it was in late 1990's With several companies licensing this way it creates competition....Otherwise hey will get lazy like Panini and every card will be the same picture with one being labelled 1/1 one being /25 another /100 /199 and so on and they there are 25 different color variations, all the exact same card, then we will use the exact same image on the next brand we release and repeat.

[KhalDrogo]

Few in the hobby have wax opened for them and cards sent for grading without ever physically possessing the cards themselves. How many group breakers exist right now that offer that service for any customer who wants it?

I’ll never, ever buy a single or rip wax and allow the card to be graded without me assessing it first.

[brothertona]

I assume they'll acquire multiple card companies which I'd assume Topps/Panini or Topps/UD and have normal product lines but also have a breakers network for rip and ship/rip and ship and grade. Too much money in breaking right now to not have that set up. I wouldn't be surprised to see a partnership with Loupe.

[Kobefan]

RIP collectors.

[JeremyNick]

Originally Posted by smalltown

"Fanatics’ plan for the physical trading card space is to expand it by opening the market to leverage it more via direct-to-consumer offerings, according to people familiar with the matter. For example, should collectors purchase a trading card, they’ll be able to insure the asset, grade, store and even put them on a marketplace to sell or trade — all through Fanatics. The company would likely collect transaction fees, and leagues will also get valued data they crave."

Here's the link to the full CNBC Article

18 posts in and no one mentioned what I think is the most critical part.

The data.

Facebook thrives on data. The more they get you to interact on their platform, the more data they get, the more money they can derive from that data.

Keep it all in house allows them to use and control the data around a ~billion dollar industry.

Produce, sell direct, collate, collect, re-sell, house, grade, track - all of it. That data is as valuable as the cards themselves, if not more.

To Khals post, with the market pushing cards as commodities the “I want to touch, hold” aspect of it becomes less and less part of it. This is the evolution of turning a collectible into a trade-able commodity. You get the good winter the bad.

[kyle121592]

Terrible

[discodanman45]

Originally Posted by JeremyNick

To Khals post, with the market pushing cards as commodities the “I want to touch, hold” aspect of it becomes less and less part of it. This is the evolution of turning a collectible into a trade-able commodity. You get the good winter the bad.

I will never own a card in an online vault for my PC. Everything will be in my collection for me to touch and eventually bring to card shows when Covid restrictions are gone. The landscape is changing slowly and many people don't see a card as a collectable anymore, but as something that just has monetarily value. For prices to remain as high as they are now, cards have to be wanted by the pure investors and collectors.

[eastbayak]

Originally Posted by JeremyNick

18 posts in and no one mentioned what I think is the most critical part.

The data.

Facebook thrives on data. The more they get you to interact on their platform, the more data they get, the more money they can derive from that data.

Keep it all in house allows them to use and control the data around a ~billion dollar industry.

Produce, sell direct, collate, collect, re-sell, house, grade, track - all of it. That data is as valuable as the cards themselves, if not more.

To Khals post, with the market pushing cards as commodities the “I want to touch, hold” aspect of it becomes less and less part of it. This is the evolution of turning a collectible into a trade-able commodity. You get the good winter the bad.

I just hope this data-driven effort doesn’t result in redundant designs of highly sought players (e.g., trimming down inserts to the ones that sell for lots of money and of the most valuable players).

Hopefully the data increases efficiency AND creativity.

[JeremyNick]

Originally Posted by discodanman45

I will never own a card in an online vault for my PC. Everything will be in my collection for me to touch and eventually bring to card shows when Covid restrictions are gone. The landscape is changing slowly and many people don't see a card as a collectable anymore, but as something that just has monetarily value. For prices to remain as high as they are now, cards have to be wanted by the pure investors and collectors.

I am the same as you.

But I’m also not out there touting the market and “hobby strong”. If that is your outlook, then you are pushing towards the commodity, like stockx.

If prices go down, my collection will still be valuable to me and my kids. That’s the part of the hobby I’m all for.

[JeremyNick]

Originally Posted by eastbayak

I just hope this data-driven effort doesn’t result in redundant designs of highly sought players (e.g., trimming down inserts to the ones that sell for lots of money and of the most valuable players).

Hopefully the data increases efficiency AND creativity.

I’m not sure what it will be used for but at its core data is money.