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#18
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Breaks refers to the process of breaking open unopened card product. The process is a person/number of persons buys all the cards of a certain team while the seller person "breaks" open a box or case of cards. So the buyer is gambling that there will be some expensive cards in whatever is being broken open.
A razz, razzle, waffle, and raffle are all slang for the same thing. A seller sells a raffle slot to win an item. I have seen cards, autos, and memorabilia items all sold this way. So a seller will list something like "10 spots @$30". Buyers put their name on the list by which specific number they want. Once all slots are full, everyone will pay and then an online random number raffle generator is used to choose a winner. Over the past couple years, people would run them before everyone paid, but recently there have been a lot of non payers, so now, if anyone doesn't not pay they raffle does not go forward. These 2 things seem to be mostly Facebook driven, with some breaks happening on Instagram as well. I think the new stuff is in trouble because a lot of the new people to the hobby were internet content creators who drummed up followings by creating excitement. Buying and holding vintage stuff is not exciting in an immediate sense for many. They want the immediate gratification of the flip. Buy it today, wait for the player to have a good game or two, and flip for a profit. It was all about the adrenaline rush at a time when boredom was an issue. Now that real life is starting to return, the rush is no longer as needed. Now that there are less buyers, the flipper/investor has far fewer people to flip to. Sent from my SM-G998U using Tapatalk
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My signed 1934 Goudey set(in progress). https://flic.kr/s/aHsjFuyogy Other interests/sets/collectibles. https://www.flickr.com/photos/96571220@N08/albums My for sale or trade photobucket album https://flic.kr/s/aHsk7c1SRL Last edited by Lordstan; 11-06-2022 at 05:00 AM. |
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