2020 topps project

[Rich Klein]

Originally Posted by JustinD

As these start exceeding 100k runs they have no long term value of exceeding demand once the excitement dies down. Now the cards that had runs of 1000ish with 100k amateur collectors thinking of building the set right now? Different story.

It will die down when these prospectors are stuck with 100's of these they cant sell for cost because the news hyped these to the ceiling. I suggest buying the overproduced ones being made now in 2021 and wading back into to the 20 bucks on Topps.com later. This is Etopps squared at this moment.

And at an original cost of $20 -- $1 (or 99 cents) is 5 percent of the original asking price. Even for Junk Wax boxes -- you would pay 5 percent of original cost even for the worst boxes. 1988 Topps lets say you paid the $18 retail (50 cents per pack) in 1988, today 5 percent if about 90 cents and I guarantee you everyone would happily pay $1 each because the purest wholesale is $3-5 per box. I'd happily take a triple on every card item I buy any day of the week.

[JustinD]

Originally Posted by Rich Klein

And at an original cost of $20 -- $1 (or 99 cents) is 5 percent of the original asking price. Even for Junk Wax boxes -- you would pay 5 percent of original cost even for the worst boxes. 1988 Topps lets say you paid the $18 retail (50 cents per pack) in 1988, today 5 percent if about 90 cents and I guarantee you everyone would happily pay $1 each because the purest wholesale is $3-5 per box. I'd happily take a triple on every card item I buy any day of the week.

I feel like we are on different wavelengths here.

I am advocating buying at 1-5 bucks if you like them. I am not advocating taking a 95% loss and making the 99 cents guy happy purposefully.

I can guarantee that every buyer of 88' wax boxes during that boom was not planning on taking a 95% loss. They were just as blinded as the prospectors seeing those early cards sell at four figures and thinking they could do the same with a card 100x higher produced.

I'll be a buyer at a buck too, but honestly bummed to be taking a loss before they even ship. I knew it was coming logically, but this was fast.

[Farm_kid]

Justin D,

I am so on the same wavelength as you on these. One of my top 3 favorite players of all time is in this set and I would love to be buying his cards right now, but not with the crazy print runs we are seeing.

Speculators are buying 10, 20, 100 of these at a time. Crazy! A collector only needs 1.

These products are not Stocks, they are collectibles.

I agree with you, as long as print runs are 20-30K, I am waiting. When they drop below that I may pick up my favorite player next year. And I bet I can buy them for $10 a pop (of course if you let me make the first offer, I will offer 5). If the secondary market remains firm on Cards #100-#300, I might buy direct from Topps just to hedge my bet while watching the print run quantities ebb and flow.

If Topps Project 2021 comes out, the P-2020s will only lose more of thier "new hotness".

I will caveat everything I said when it comes to the truly shorter printed runs, i.e. sub-5000, those have a chance of staying solid and sought after.