Fanatics Creating Their Own Shows, How Does This Effect The Future of The Hobby?

[packs]

I think they will learn an old lesson: there isn't a lot of money in card shows and that's why there aren't a lot of them.

[jingram058]

For a majority of folks on net54, it will be great. It will be all about newer stuff, but the old school will go along for the ride. All about grading and money.

For the minority raw collectors, buyers, sellers, traders, it won't matter.

[parkplace33]

Originally Posted by packs

I think they will learn an old lesson: there isn't a lot of money in card shows and that's why there aren't a lot of them.

Concur on that. Everything has moved online (even older dealers are now selling online).

[glynparson]

Originally Posted by parkplace33

Concur on that. Everything has moved online (even older dealers are now selling online).

Horror conventions are huge money. There are plenty of people out there looking to meet their idols. Also shows like shops are having a resurgence look at the new Burbank show, Dallas is an event now every time they have it, rosemont still is a good spot and Philly has been gang busters the last few years. While a lot has moved online shows still have their appeal. They aren’t close to as dead as they were a decade ago.

[packs]

Originally Posted by glynparson

Horror conventions are huge money. There are plenty of people out there looking to meet their idols. Also shows like shops are having a resurgence look at the new Burbank show, Dallas is an event now every time they have it, rosemont still is a good spot and Philly has been gang busters the last few years. While a lot has mixed online shows still have their appeal. They aren’t close to as dead as they were a decade ago.

Yeah but these are one off events. I get the impression this announcement is about volume and regularity.

[glynparson]

Originally Posted by packs

Yeah but these are one off events. I get the impression this announcement is about volume and regularity.

They are not one off events. Maybe once a year but they have them every year in the same cities usually same locations. I have friends that attend these things regularly. They mostly are not one time events. Of course the ones that fail miserably may only be held once. And none of the card shows mentioned are one off events either so not sure why you are calling one off events.

[Keith H. Thompson]

the new shows, both new and old. For example, I'm 92, my sons are 59 and 61 years old, and we have never had a single item graded. We grew up buying boxes at the local stationery store and local card shops and kept buying until we had completed two sets each. We bought them because we loved baseball. My wife and I had to monitor their sleep time because they would sort through their cards after they had presumably gone to bed and read the backs of the cards with flashlights.

fast forward to last week's All Star Game.

My oldest son has three children. Twin girls 4th grade. Boy aged 6. Last week the family bought a strip of two tickets for all the events at the All-Star game in Seattle. The Convention activities include many promotions by Card producers, and they give out plenty of shiny pack stuff. Poppy and Sami love this, apparently for all the right reasons, meaning that they are fascinated by the cards themselves and spent a lot of time trading and comparing with other kids doing the same thing. Thaddeus can tell you the names of every San Diego Padres player and his batting average (six years old) It remains to be seen how they will react when they learn you have to buy cards, but I have hopes.

[sb1]

Originally Posted by packs

Yeah but these are one off events. I get the impression this announcement is about volume and regularity.

They have the Dallas Card show every 7-8 weeks, thousands of people from every corner of the country and hundreds upon hundreds of new people every show.

[Hankphenom]

Originally Posted by glynparson

Horror conventions are huge money. There are plenty of people out there looking to meet their idols. Also shows like shops are having a resurgence look at the new Burbank show, Dallas is an event now every time they have it, rosemont still is a good spot and Philly has been gang busters the last few years. While a lot has moved online shows still have their appeal. They aren’t close to as dead as they were a decade ago.

Yes, the resurgence of the Philly show after Hunt's almost killed it with their table pricing and other demands after they bought it from Bob Schmierer has been something to watch. Now it will be interesting to see if the younger generations flocking to shows are actual collectors or just the latest iteration of the "Becketteers" of decades past looking for treasures to flip and make quick bucks.

[JustinD]

The more I hear and see the actions of Fanatics, the more I feel they will be a great stock short investment for the near future.

Talk about stupid recycled Hunt brother level ideas...

[Exhibitman]

Originally Posted by packs

I think they will learn an old lesson: there isn't a lot of money in card shows and that's why there aren't a lot of them.

That's not really accurate.

Card shows died because of online venues and have resurged in part because of online venues. Costs and restrictions online creep up and a table fee starts looking pretty good by comparison. I'm in the eBay punishment zone right now because I accidentally double-listed several cards and had to cancel the sales. I am now paying 19.5% of the sum of the closing price and shipping and sales tax, plus $0.30 per sale, as my eBay fees. Destroyed the market niche I was carving out for myself. Actually, cheaper to consign to an AH if I can get a zero-commission deal.

I ran some shows a decade ago. It takes a few shows to get your business model ironed out but once you do, the potential is there for a profitable endeavor, especially with the fevered market today. Our first two shows lost money, the last one was a break-even event. With some cost-cutting, I think we could have gotten it profitable. With the atmosphere today, I definitely think there is a profitable model out there. If I had the time, I would absolutely try it again. Heck, the National is a for-profit event; it is how the show owners make a living.

[packs]

When I was growing up there was a monthly card show in my hometown. There hasn't been one there for 20 years and it's not because of table fees. It's because the interested population dried up.

Originally Posted by glynparson

They are not one off events. Maybe once a year but they have them every year in the same cities usually same locations. I have friends that attend these things regularly. They mostly are not one time events. Of course the ones that fail miserably may only be held once. And none of the card shows mentioned are one off events either so not sure why you are calling one off events.

A once a year event is a one off event.

[glynparson]

Originally Posted by packs

When I was growing up there was a monthly card show in my hometown. There hasn't been one there for 20 years and it's not because of table fees. It's because the interested population dried up.



A once a year event is a one off event.

One off to me is one and done. So what’s wrong with a once a year event per location? That’s plenty for many locales. And the bigger cities will have more than one. I don’t get what your trying to say is a negative to this?

[packs]

Originally Posted by glynparson

One off to me is one and done. So what’s wrong with a once a year event per location? That’s plenty for many locales. And the bigger cities will have more than one. I don’t get what your trying to say is a negative to this?

I didn't say it was negative I said I didn't think that was the model Fanatics was going for. Y

[Eric72]

Originally Posted by glynparson

One off to me is one and done...

I agree. "One off" implies a happening that occurs only once and is not repeated.

A once a year event is called an "annual" event.

[glynparson]

Originally Posted by Eric72

I agree. "One off" implies a happening that occurs only once and is not repeated.

A once a year event is called an "annual" event.

That’s because we are correct Eric and he is wrong . Just google the definition of one off it clearly says one and done. That means one and done it doesn’t mean once a year.

[midmo]

Where in the heck do you live? I go to at least 2 shows a month. They are everywhere these days.

Originally Posted by packs

When I was growing up there was a monthly card show in my hometown. There hasn't been one there for 20 years and it's not because of table fees. It's because the interested population dried up.



A once a year event is a one off event.

[Rich Klein]

In simple terms, those Fanatics shows will not affect the people on this board very much

Rich