Bidding currently at $30K on a fractional share of a video clip at Heritage Auctions

[swarmee]

Interesting thing is that these items are only supposed to be sold through the NBATopShot website and transactions off site can get your account locked. We'll see if that ends up screwing the seller and buyer of these items.

[CJinPA]

These things are similar (almost identical, really) to NFT's (non-fungible tokens). It's very interesting the hobby is moving in this direction but for anyone who is involved with cryptocurrency and the decentralized nature of value and finance, they're not surprised.

When you or your spouse purchases something on Amazon, your transactions are part of their blockchain - it's all around us. Bitcoin is not a once in a lifetime occurrence, it's once in a species occurrence. I'm not trying to be too grandiose here, it's just the fact of where value is going.

Your digital art, purchased through sites like https://opensea.io/ are more secured and authentic than many of the $10 million+ Piccaso's in the market.

It's new, it's different, but it's not very surprising... Good for the NBA Top Shots for creating a market, I applaud them!

The US Fed added 40% more $$ into circulation over the past 14 months - so dollars are worth less than 14 months ago - Gold? Nobody know the supply of gold and China, Elon Musk, etc are looking to mine asteroids that are full or gold, platinum and other so-called precious metals. Not this year or even in this decade but it will happen, ongoing projects have detailed these things.

Bitcoin? 21,000,000 coins is all there will ever be - period. Tesla, MicroStrategy and major investement firms have already added Bitcoin to their balance sheet. Rumors of Amazon and Apple in very short order.

Sorry for the long post, but besides collecting Pre War baseball cards, cryptocurrency is my other passion!!

[D. Bergin]

Beyond the supreme significance of Williamson as the most-watched rookie of the 2019-20 season, and the compelling footage that perfectly showcases the size and power he brings to the game, this particular offering's status as number 1 in a limited edition of 192 elevates it to the pinnacle of desirability. Let's also recall that Williamson wears the number 1 on his Pelicans jersey, another cherry on top.

Not to Sh*t on all the cryptocurrency economists and free-thinkers here.........but this all seems very sketchy to me. Sure, you could get dirty stinking rich if you guess right, or have an "in", but 99% of the people will get left holding the bag, as usual.

It seems like a more dangerous and alluring form of casino and lottery games to me.

Take that quote above, I lifted directly from the auction listing.

From an economic standpoint, does any of that actually mean anything? I'm open to learn. Teach me. Somebody is supposed to pay over $35,000+ with the vig (auction estimate $100,000+).

Why on earth is serial #'d clip #1, worth so much more then Clip #192? Is it really because Zion wears #1, "elevating it to the pinnacle of desirability"?

I've gotten e-mails from the Chief Treasurer of the King of Nigeria that are more convincing then that.

I assume there's a lot I'm supposed to know, outside of this auction listing, that goes unsaid, of what 1/192 ownership of this clip actually entails, and why the first share is worth more then the 192nd share (outside of it being Zions uniform number).



Sorry for the convoluted post. I feel like I'M part of the problem now.

[chalupacollects]

Why on earth is serial #'d clip #1, worth so much more then Clip #192? Is it really because Zion wears #1, "elevating it to the pinnacle of desirability"?

And what if he changes numbers down the road? Then what is number 1 worth???

[swarmee]

Originally Posted by chalupacollects

And what if he changes numbers down the road? Then what is number 1 worth???

For modern serial numbered cards, the 1/xx and the jersey numbered cards normally sell for a premium. As long as he's wearing that jersey in the clip, it will still have more value than #34 or something.
But this is the first time I've seen cards going for multipliers because they were in the first hundred or so. I'll be getting my first pack in about 45 minutes so I'll report back just how exciting it is to get one and who I pulled from the ether pack.

[Eric72]

Originally Posted by swarmee

... ether pack.

That may be the best name yet for these.