Anybody listen to the “Sports Cards Nonsense” pod on the Ringer? From the second I first heard it, I felt like collecting had passed me by.
The host, Mike Gioseffi, has all of Bill Simmons ego and thin skin, but none of Simmons’ talent and intelligence. (I believe the two of them are related.). He prattles on and on about high value cards, toadies Michael Rubin and Fanatics, and basically tells small timers who aren’t comfortable with the high price of the hobby or local card shops getting overwhelmed by digital distribution to quit whining and work harder. It’s just a bummer. (And the portions are so small.). Never any storytelling relating to the sport the people on the cards might inspire, nor the nostalgia value of the cards the,selves.)
I buy a few boxes of Topps Flagship every year, maybe some Stadium Club, and a Heritage box if I
like the design (and I usually do). Twice a year I go on a COMC shopping spree to scoop up vintage singles I want — yesterday I grabbed the 1966 AL league leaders for the triple crown categories, and the couple of Luis Tiant cards I was missing… all in somewhere between fair and very good condition. I can’t wait to get them, and show them to my sons.
In many ways that's the vibe of so much of the hobby right now and it really isn't fun. Another video series I watch is Spitballin Cards where they get four more notable online collectors in the online realm to discuss baseball card goings on. I tend to like it a bit more because even though they are clearly well off and financially focuses there's still a bit of an edge of, you know, liking sports cards for what they are. They have one of the Sports Card Investors guys on there and I've found his journey particularly interesting because he was definitely a big "Color Blast and Kaboom" type guy coming in, and over time, he's really grown to like baseball and the collectors and that they actually you know...like the sport or the teams. And even their conversations, as four people who seem to genuinely like baseball cards and not the Fanatics hype train of it all, usually come back to "Bowman 1st Value" with little regard to, you know, just the fun and vibes of collecting.
There is a comedian Dan Soder who is actually doing a little of this as part of a bit. He has other comedians on his show and as a bonus segment they open a pack of early 90s basketball, football, or baseball and just walk through the players and what Dan or the guests remember about them, it's a ton of fun.
Watched a youtuber rip $200 worth of retail boxes and got a return of like 25 bucks, but that is adding .25 cent card after card, that would not even be worth the time loading up on ebay to sell. His user base screamed he needed to buy hobby boxes to really get something good in his comment section. So his next video was spending a grand on hobby boxes. He broke those out, think it ended up being like 4-5 boxes of different stuff and that returned maybe 150 bucks of that grand back with once again cards that mainly no one would want, so literally once again except this time over a grand with not much at all to show for it. I think the highest valued card he pulled from those 2 videos was like 15-20 bucks.
Yes, ripping is gambling without the possibility of real return like 99.9999999999999999% of the time.
You are almost certainly better off buying scratch tickets.
To sort of echo this, I mentioned the hit draft above - five cases of product which probably would cost $7500 or so to acquire. So we take that as our baseline. Since it was a hit draft they had to list out everything that was hit that wasn't base cards. These were the Top 10 cards in my opinion in terms of value (not in terms of order chosen) - prices are around what I think they'd sell for right now - so depreciate a lot of these 25-50% if you did this in March.
Tim Robinson Base Auto (~$200)
Yoshinobu Yamamoto Red Auto /10 (~750 - no sold versions yet, so it's a guess)
Usain Bolt Auto (~600)
Hank Aaron Jumbo Rip Card (~200)
Mattingly/Teixeira Booklet (~400)
Gunnar Henderson Wood Mini (~400)
Roberto Clemente Glossy 1/1 (~200)
Yoshinobu Yamamoto Blue Frame Auto (~400)
Jackson Merrill Mini Orange /25 (~150)
Jackie Robinson Rip Card (~125)
So your Top 10 cards - before eBay fees, if you get them all sold around these prices, etc. take you to about 40% of your investment - probably closer to 30-35% with fees and variance.
Your next 25 or so cards are all probably in the $30-$100 range. It was a mix of rip cards, parallels of desirable names, solid autos, etc. If we average out to $50, that's probably about $1000-$1200 more after fees. From there your remaining 160 "hits" (singles) or so range from $1-$25 mostly - low end autos, relics of all different kinds, numbered cards of lesser hunted players, etc. Let's say it works out to $5 a card after fees, that's another $800. You then have twelve full size insert sets (Each one about $5-$10), a metric ton of minis of all different variances (most of them are 99 cent cards), a lot of chrome, etc. - so this is where it gets messy. How much work can you put in, how much can you sell that work for, and how many buyers can you find? So, to bigdog's point, that's SO much work to get there, and this was with two cases that produced some incredible cards (I think the Top 7 cards listed all came from two cases). So like, I think generally if a seller wants to put in ALL the elbow grease, you can scrape a lot of out these products...but at what cost, to be left with less money than you came in with and no cards? Like the Bolt and Yamamoto Red Autos represent so much of the value and are two cards that have a chance at genuinely holding long term value, so even if you just decided to keep those, making up that money would be real tough.
For instance, one "lot" is the 60-65ish "50 States" mini cards. The eBay sale value of that, if I listed them all individually at the $3 shipped value after fees probably eventually works out to a dollar a card after they're shipped, fees taken out, supplies taken out. So yeah, a $60 lot is a GREAT pickup where I got it in this draft, but that could be up to sixty envelopes packed, a ton of trips to the post office, and weeks or months or years to move it nevermind keeping it all organized. If I run it as lots it's less of that but probably works out to $.75 a card now as set builders are getting their bulk in. I'm set building but if I were to sell, that's another thing.
All of this to say like...this was a lot more fun when it didn't have to be about the money, but at the cost it's at it, it is now. And it feels silly that every card I listed up there but two of them could probably be gotten for the price of 2-3 boxes if someone really wanted it. I bought a Ledecky auto as a single for under $200. I think every auto in this set except the QBs and Bolt will probably end up below $200 by the endo f this. And to Traut's point...at least the scratchies can just be redeemed for cash immediately.
In totally unrelated news, Stadium Club is out today, so have fun y'all!