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OT - Example of why card collecting is dying re: Topps
Saw this article today on Daily News. Kid bought a signed Daniel Murphy bat from Topps for $175 (already absurd) with guarantee that it would arrive for his birthday.
Daniel Murphy hits 6 homers in a row to set a postseason record. Topps then tells the kid, sorry, but you paid too little for your Daniel Murphy bat. We aren't going to sell it to you now so we can make more money selling it to someone else. How about 25% off instead on a nice $500 Mike Trout bat? Good move. http://www.nydailynews.com/new-york/...icle-1.2410947 |
Crap move by Topps. Makes me glad I collect vintage, so none of my money goes to them.
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Pretty pathetic move by Topps.
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Anyone else want to throw down on a Murphy auto for the little dude?
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I need to defend Topps here
I was called at my home by the reporter at 9pm at night last night. After getting the call and doing an interview, I contacted a vp of Topps at home. I was informed that their e commerce site processes sales for the MBPAA. The item was sold out after his home runs. It is not even a "Topps item". I am confident they are going to find a Murphy bat and fulfill the order. |
Ken beat me to it, but my guess was that Topps wasn't even fulfilling the orders themselves and that the item could just have sold out due to his recent popularity.
This isn't to say that the kid doesn't have a right to feel cheated since they took the order at the time. But I can't believe that a Murphy bat elsewhere can't be had for $175.00. If I were Topps, I'd find a way to fulfill the order. As an aside, Topps is actually a really great company in my book. For my first job out of college, I worked at a very small charity for an extremely rare disorder that was a regional branch of a larger 'parent'. We had like three full-time employees, annual revenues of like $100,000, and were complete nobodies. We had a sports auction every year and without fail, Topps would send us hundreds of unopened packs (newer, but premium stuff like Chrome, etc.). We didn't have any connections or anything - just sent a random letter to them every year. I'm sure other people may have horror stories about them, but I always thought that was a really stand up thing to do. |
From Topps to me in an email just now
The bat will be delivered and MLBPAA and Topps plan to jointly release the following statement: “Topps and the Major League Baseball Players Alumni Association are confirming that the sale of the Daniel Murphy bat will be honored. Topps and MLBPAA apologize for any inconvenience it may have caused and are fully committed to giving baseball fans and its collectors nothing but the best customer experience possible.” |
Good to see all is well.. after it gets publicized
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Yeah I'm happy the kid gets what he wanted in the end, but like was mentioned only after this became a story.
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Thanks Ken for the good news octavio
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Not being sarcastic at all (I really don't read him unless it's linked here or else where), but does O'Keeffe ever write a positive story about the hobby? Not that it would push papers, but as the only sports reporter in the nation (sans the occasional KO piece) that regularly covers the hobby I'd assume he is a hobbyist. Some good pub might help said hobby that everyone swears is dying due to Call of Duty kids.
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If I remmeber from his Net 54 speech -- he is not an hobbyist but a reporter.
And let's face it --- to pull a previously ordered item is not right --- and the father got some pub and when a child is involved -- great story which sells papers and eyes to web site. And while not we want to see, on a buisness level -- I understand why that is written about in the papers Rich |
Glad the issue was resolved.
That aside, I do think that card collecting will go the way of stamp collecting. What that means is, it will become pretty much exclusively an adult hobby (it almost already is), and it will be focused almost exclusively on vintage (not there yet by a long shot). The good news is, stuff like T206, Goudey and CJ's will probably hold their value. I'd expect post war stuff, like 52 Topps and Mantle mania to crash though, especially when the baby boomers start kicking the bucket. |
It's not just baby boomers buying the postwar stuff.
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The last time the card hobby was a "kids thing" was around 1990. Eventually, you're going to run out of nostalgic baby boomers and gen x-ers who are looking to put together post war sets they remembered as kids. I think the post war market is eventually going to crash, maybe with exceptions like rookie HOF'ers who will probably always be in demand for HOF sets. I doubt in 10-15 years you're going to see as many people chasing 1959 Topps sets, etc. |
I also highly doubt 20 years from now you'll find a lot of people looking to spend more than a hundred bucks for RCs of most HOFers. I can't see a person 30 years from now paying up for a high end Al Kaline or the like.
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Not that I want to derail the thread more than I already have, but I don't subscribe the "hobby is dying" sentiment. The modern market is thriving and and large percentage of that market is 18-35. Many of those collectors invariably step into vintage after a period of time. Additionally, the current market is drastically different from the market of the boom years. Yes the current products are heavily printed, but enough niche sub markets with limited commodities have opened that products should retain vastly more value than the 80-90's have. The Pujols chrome auto will be the litmus test of the Chrome era as he should be the first player with Chrome RC auto to enter Hall. If his value sustains it will bode well for everyone else down the line. Yeah, the hobby is not widespread as it was during the boom, and no kids aren't lining up for gum packs at the general store, but the hobby (much like baseball) is firmly entrenched in specific areas of American culture.
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I tend to agree with Steve. Collectors have a mentality, a sickness, really, that causes them to collect in the first place. As they get more involved they branch out chasing the high. The modern market does skew younger and those collectors are likely to turn to older cards. I started with the current Topps issues and made my way back to prewar over the years. That said, I also agree that as specific populaces age and either quit or pass away, certain segments of collecting will lose some of their market. The boomers are starting to age out of collecting while the Gen Xers are starting their peak earning years. I'd not be surprised to see average 1950s stuff lose some of its appeal relative other things as its audience ages out. Not the truly iconic sets like 1952 Topps or iconic cards--those have lives of their own apart from narrow niche collectors. I'd not be surprised if the 1970s does better as guys like me rebuild their childhood collections, which started with busting the annual Topps wax packs in the 1970s.
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I think 70s cards will explode too. You might even see people paying decent prices for Mattingly rookies and the like too. I think 30 years from now someone will gladly pay equal money for something like a Mattingly rookie as they will for lower tier HOFers like say Goose Gossage.
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Collecting
I have been collecting since 1957 and do not have the slightest idea of what is going to happen in regard to baseball card collecting in the future.
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well the trick is what are the 'iconic' cards..are there just 5 of them? nobody knows for sure.....also for middle age guys..it doesn't matter about whether kids collect now...in terms of resale value....kids don't have 1000s to spend...30 years from now, yeah they are the new customers but for me I don't care about 30 years from now..... the people with the collecting sickness will always look at the main issues and the 'Uncommon Commons'...yeah there are the big HOF guys..but when you see $3,000 being paid for a 1954 topps Ben Wade because POP is 20..thats more than a PSA 8 Jackie robinson or willie mays gets for example.. |
Personally I don't think uncommon commons or scraps have much a future in collecting. The window is closing if you ask me, same thing with the pop fanatics. I think we'll see a pretty steady decline in the next few decades.
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heck not sure why I studied hard for my job..since can only work for a few decades.......a few decades means to me 20-30 years.... lots of things change in that amount of time....baseball cards is the least of my worries.. |
My limited, purely anecdotal data would suggest that there's at least another 30 years of a healthy vintage market. I use myself as evidence. I am 38. I grew up in the hey day of over-produced cards, 84-89. There were millions of kids like me, and now some of us (who knows what percentage?) are coming back to the hobby with disposal income and spending on the cards that we only dreamt about as kids. I see many collectors on this board around the same age with the same story. Barring any of life's circumstances that might cause a sell-off, many of us should be collecting into our 60s/70s (like another large segment on this board.) Therefore, I conclude we should be good for a while, and the current shiny market (healthy or not) should not have any bearing on that.
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Well I said next few decades because of life expectancy of the boomers. Most will die out in the next 20 years, and the rest in the next 30.
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modern card buyers are not collectors, they are amateur day-traders. everything they have is for sale at a moment's notice, they don't focus on anything besides the hottest prospect of the week or base their whole buying/selling around the release of the top 100 list, awards ceremony...and which teams are still in it.
baseball is an old man's audience...i'm tired of all the heart pain, acid reflux, and penis problem ads aimed at middle-aged white men. baseball is doing nothing to bring in the younger viewers. with the slow death of football i'm hoping that'd bring more athletes to start playing baseball again. the "card hobby is dying" cry has been around forever true, but let's see in 20-30 years when today's teens grow older if they even know what "baseball" and "card collecting" is... |
As long as they keep producing new baseball cards every year, I think the hobby will survive. If the 90s card bust and the cancelling of a World Series didn't destroy the hobby, I don't think anything will. I know people become worried by constantly seeing mostly old white people at the conventions, but the hobby's changed from the past. Kids have a lot more options for their money these days, and they're not buying packs from the corner drug store for the gum anymore. So I understand for the hobby that it's important to continue to get kids and young people involved. However, I think the hobby offers a lot of things other collectibles (like coins and stamps) don't have. Basically, there are different ways to collect for practically any budget. There are so many varieties, eras, etc of cards out there, you can just make up you own way to collect. You don't have to be limited by what stamps are in an album. If you want to collect a super rare card for which less than 10 are currently known, you can probably get one for less than $50. (e.g., a common from a set not widely collected) If you want a modern card of your favorite player with his auto, you can probably buy that also. I'd be more concerned about collecting sets like "Magic the Gathering" as who knows how long that game will be popular in the future.
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Baseball is still popular. Football has supplanted it as most popular sport in America, but the sport still carries weight across the nation especially in the local markets. On top of that the sport has had the greatest influx of young and marketable talent since the early 1950's. Trout, Harper, Bryant, Stanton, Posey, Kershaw, Bumgarner, DeGrom, the list goes on and on. Yankees/Red Sox still gets the Duke/UNC treatment on ESPN. The Cubs will be relevant for the next decade. Talented foreign stars enter the league on a yearly basis. The sport is fine IMO. |
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All of it. Tom C |
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I agree that people collecting as kids in the 1980s-90s should still keep the hobby going especially with internet and the sport of auctions....
30 years is a long time from now ...thought its not like on the 29th year everyone than tries to sell...what happens when a market crashes is it happens all at once ..like the housing market...people were saying the housing market was going to crash eventually...but than BAAAM....hello shortsale and robosignatures.. |
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Rich |
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What do you base these statements on? Every time I go into the local card shop, there are a good group of kids there. |
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Early 1970's high numbers and tough cards may have another run in them. The mid-late 1970's will have a bump but the supply is sufficient that they will never explode. Stars will be somewhere in the middle. I will tell you that someone bought out all my 1970's commons and stars (except for the few cards I had over $10) and there is demand for more. Rich |
Agreed. With the demand for the 70's. It sells like hot cakes.
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I'm part of our Founder's Legacy program at work and one of the things we do is to partner with a local middle school to mentor to kids in various ways. This year, they've paired me up with a 12 year old boy (never know who you're going to get) that plays little league and his dad coaches the team...and he collects baseball cards. Also, I have a 8 year old nephew that just recently came into my life (long story, but my brother didn't know about him). He also collects baseball cards. To anyone that thinks card collecting is just for adults, go hang out in a card shop (a real card shop) for a couple hours this weekend and then see if you still believe that. |
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Not sure why you think the kids today are any different from the kids 30 years ago (like myself)? Tom C |
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However, the only kids I ever see in the card sections of Target, Walmart, etc. are looking at Magic or Pokemon, or whatever is on the "kids" end of the card isle. I have never seen kids buying sports cards, only adults. Add to that the fact that half the sports cards in stock are from last year, would give you the impression the hobby is on the decline. |
It's no longer a mainstream hobby and hasn't been for over 20 years. It has a niche and within that niche there are many additional niches. As long as those niches are at least maintaining their base it seems unlikely that the hobby will just one day collapse.
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This hobby will not die for hundreds of years. As long as there is one person collecting the hobby is still alive. It's true that you don't see too many kids collection, but I have seen an awful lot of kids at the National this year. There is still hope.
~Owen |
Leon and Matt can verify this since they were at my show last Saturday but we had a nice grouping of kids (in part because every outdoor event they could have been involved with was rained out) and I would say we had perhaps 25-30 kids who attended our show last Saturday.
Now same came with mom and or dad but others were with mom and dad but they were the collectors In either case, we were all encouraged to see so many kids Rich |
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8 year old kid asks if I have any vintage Miami Dolphins cards. I point him to the boxes that have 60's and 70's singles. Kid is decked out in Dolphins gear he probably knew more about the Dolphins than the rest of this board combined. He spends about 10 minutes going through the boxes. All the time rattling off what he knows about the team. He bought about $5 or $6 dollars worth of stuff. With his money. Not the biggest sale, but that is not what matters. I ended up giving him a Mercury Morris Rookie. I told him he earned it with his knowledge. It made me smile to see someone his age actually interested in sports history. I think that is why most of us are in the hobby. I know it's the reason I still collect pictures of guys I never saw play. I think if we take the time, when the opportunity presents, to talk to the younger collectors and get them excited about not just the monetary value of these cards but the about the people and events that these pieces of cardboard depict then we will have a good hobby in the future filled witty people that are there for the right reason. He reminded me of myself. In the heyday of the shows I was the little imp running around wanting to look through your vintage stuff slowly building my little collection that meant the world to me. |
Max nice story if I told you the stuff I've given to kids 😀😀😀it brings me great joy
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I received about 25 pounds worth of auction catalogs in the mail last week. My kids (ages 5 and 3) had built themselves a "garbage truck" out of pillows, chairs, and storage bins, and they kept using the auction catalogs as the garbage for their truck. That's it, folks. The hobby is sunk.
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