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Turning a Profit on Junk Wax

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  • SidePocketSidePocket Posts: 2,901 ✭✭✭
    Didn't most of us throw away a ton of 87-90 Topps? Why would we want to start buying it again?

    "Molon Labe"



  • << <i>Didn't most of us throw away a ton of 87-90 Topps? Why would we want to start buying it again? >>



    I know I did. But the thread title should reveal the answer to your question.
  • bigdcardsbigdcards Posts: 1,188 ✭✭✭


    << <i>

    << <i>$90 dlvd 1987 6-box rack >>



    Two problems:

    1.) Seller not double boxing the case for shipping

    2.) It's in Chatsworth, CA >>



    That's literally the neighborhood over from mine. I asked if he'll let me pick one up.
    To bigdcards: "you are right" - cpamike "That is correct" -grote15
  • bigdcardsbigdcards Posts: 1,188 ✭✭✭


    << <i>Didn't most of us throw away a ton of 87-90 Topps? Why would we want to start buying it again? >>



    I want to pull a perfect Bo Jackson. I totally get that the case is more than the card and I've pulled at least a dozen high end 9s. But I want to find a great one in a pack and see it pop out from behind another card. $65 isn't that much money and if I can grab a Bonds 10s, I'll get some of it back. It's also more than likely that I will get a bonds on the front of a pack. So breaking even shouldn't be too hard. Not sure I can pull a big proffit and if my Jackson pops out early, I'm done ripping.

    I suspect my father in law will end up with most of the cards for his furnace. The seller still needs to say yes, but I don't know why someone would insist on shipping it himself instead of meeting with me for 2 minutes and getting cash.
    To bigdcards: "you are right" - cpamike "That is correct" -grote15
  • ReggieClevelandReggieCleveland Posts: 3,818 ✭✭✭✭✭


    << <i>It's also more than likely that I will get a bonds on the front of a pack. >>



    You've got a 54% chance of getting a Bonds on top. But if you're in the market for a 6-box rack case and he agree to local pickup you can't beat that price. I'm in LA so I thought about asking him about it too but I've already got two 3-box cases and that's more than enough for me. If you get it and open it and happen to pull a rack with Greenwell on top I'd be interested in helping you make a little money back.
  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>

    << <i>It's also more than likely that I will get a bonds on the front of a pack. >>



    You've got a 54% chance of getting a Bonds on top. But if you're in the market for a 6-box rack case and he agree to local pickup you can't beat that price. I'm in LA so I thought about asking him about it too but I've already got two 3-box cases and that's more than enough for me. If you get it and open it and happen to pull a rack with Greenwell on top I'd be interested in helping you make a little money back. >>



    That Greenwell card is classic Arthur.

    Darren, since you are taking orders I still need one with Seaver on top of a 1987 rack pack. image
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.
  • ReggieClevelandReggieCleveland Posts: 3,818 ✭✭✭✭✭
    Mike, do you have a 1987 OPC pack with Seaver showing?
  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>Mike, do you have a 1987 OPC pack with Seaver showing? >>



    I have no OPC packs other than that one 1984 box let alone one with Seaver showing. I'm sure Tim has some OPC Seaver packs although probably not from the 80's.
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.
  • cincyredlegscincyredlegs Posts: 2,032 ✭✭✭
    Guys, I am getting an eerie feeling that I am back in 1991. Stashing cases of 87-91 product as an investment for the future. That didn't work out very well for a ton of people. Seems like we are starting to see the same dynamics again. I am sure some people will make a few $'s but I have a feeling a lot of people will experience the same fate as others did 20 years ago.

    Not trying to be a Debby Downer, just offering a another perspective.

    Mark
    Project:

    T206 Set - 300/524
  • RookieWaxRookieWax Posts: 1,066 ✭✭✭


    << <i>Guys, I am getting an eerie feeling that I am back in 1991. Stashing cases of 87-91 product as an investment for the future. That didn't work out very well for a ton of people. Seems like we are starting to see the same dynamics again. I am sure some people will make a few $'s but I have a feeling a lot of people will experience the same fate as others did 20 years ago.

    Not trying to be a Debby Downer, just offering a another perspective.

    Mark >>



    If people paid candy or dealer wholesale prices for those cases of cards back in the day, they certainly haven't lost any money. And neither will anyone who buys them at today's prices. And please don't start with the "well they could have instead invested that money in ........" I think most would agree that it is much more enjoyable to put the money into cards.
  • cincyredlegscincyredlegs Posts: 2,032 ✭✭✭


    << <i>

    << <i>Guys, I am getting an eerie feeling that I am back in 1991. Stashing cases of 87-91 product as an investment for the future. That didn't work out very well for a ton of people. Seems like we are starting to see the same dynamics again. I am sure some people will make a few $'s but I have a feeling a lot of people will experience the same fate as others did 20 years ago.

    Not trying to be a Debby Downer, just offering a another perspective.

    Mark >>



    If people paid candy or dealer wholesale prices for those cases of cards back in the day, they certainly haven't lost any money. And neither will anyone who buys them at today's prices. And please don't start with the "well they could have instead invested that money in ........" I think most would agree that it is much more enjoyable to put the money into cards. >>




    I was just offering my opinion that it feels like we have been down the road before (20 years ago) with "investment opportunity" in 87-92 cases/wax. No way that stuff is worth more today than 20 years ago. It is a fraction of the price compared to when it was released. Short term there may be an opportunity to make a few $'s but long term I don't believe there is. Way to much of it was made. I sat on the sidelines in the early 90's and will today as well.

    As far as investing, hey it's a crap shoot. I say good luck in whatever you choose. It's a hobby, right?

    Mark
    Project:

    T206 Set - 300/524
  • ReggieClevelandReggieCleveland Posts: 3,818 ✭✭✭✭✭


    << <i>

    << <i>Mike, do you have a 1987 OPC pack with Seaver showing? >>



    I have no OPC packs other than that one 1984 box let alone one with Seaver showing. I'm sure Tim has some OPC Seaver packs although probably not from the 80's. >>



    I've got an extra 87 OPC pack with Seaver showing, it's all yours. Just a matter of finding it as I didn't start bagging and labeling packs until toward the end of my rippage. At some point I'll have to do that and when I do I'll put a Seaver pack aside for you.
  • ReggieClevelandReggieCleveland Posts: 3,818 ✭✭✭✭✭


    << <i>Guys, I am getting an eerie feeling that I am back in 1991. Stashing cases of 87-91 product as an investment for the future. That didn't work out very well for a ton of people. Seems like we are starting to see the same dynamics again. I am sure some people will make a few $'s but I have a feeling a lot of people will experience the same fate as others did 20 years ago.

    Not trying to be a Debby Downer, just offering a another perspective.

    Mark >>



    I agree. If you're buying big 4 brand 87 and up for investment you're going to be sorely disappointed. Buy it because it's cheap and fun. Buy it because it reminds you of your youth. But dear lord, don't buy it because you think you're going to make a decent profit on it.
  • cpamikecpamike Posts: 5,566 ✭✭✭


    << <i>

    << <i>

    << <i>Mike, do you have a 1987 OPC pack with Seaver showing? >>



    I have no OPC packs other than that one 1984 box let alone one with Seaver showing. I'm sure Tim has some OPC Seaver packs although probably not from the 80's. >>



    I've got an extra 87 OPC pack with Seaver showing, it's all yours. Just a matter of finding it as I didn't start bagging and labeling packs until toward the end of my rippage. At some point I'll have to do that and when I do I'll put a Seaver pack aside for you. >>



    Thanks Arthur, it's greatly appreciated. Btw, have you had much luck being able to tell what cards are showing on 1984 OPC wax packs. I've got a box, but have never examined the packs closely. Maybe Donnie Baseball is showing on one of the packs, but probably more likely to have Alan Ashby.
    "The woods are lovely, dark and deep.
    But I have promises to keep,
    And miles to go before I sleep,
    And miles to go before I sleep."

    "Life is what happens to you while you're busy making other plans."

    Collecting:
    Any unopened Baseball cello and rack packs and boxes from the 1970's and early 1980s.


  • << <i>Guys, I am getting an eerie feeling that I am back in 1991. Stashing cases of 87-91 product as an investment for the future. That didn't work out very well for a ton of people. Seems like we are starting to see the same dynamics again. I am sure some people will make a few $'s but I have a feeling a lot of people will experience the same fate as others did 20 years ago.

    Not trying to be a Debby Downer, just offering a another perspective.

    Mark >>



    It might feel the same, but the extra step of a PSA grade adds a different element in the game, which was not available in those years of 87-91. I don't think "turning a profit" was about getting the same results as a Ryan rookie. But spending $10 to make $20 is a viable business venture if you know it can be done. There is no doubt that there will be lots of PSA 10's as the 80's climate gets more and more attention. But personally, I find it a lot of fun.
  • ReggieClevelandReggieCleveland Posts: 3,818 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Mike, do you have a 1987 OPC pack with Seaver showing? >>



    I have no OPC packs other than that one 1984 box let alone one with Seaver showing. I'm sure Tim has some OPC Seaver packs although probably not from the 80's. >>



    I've got an extra 87 OPC pack with Seaver showing, it's all yours. Just a matter of finding it as I didn't start bagging and labeling packs until toward the end of my rippage. At some point I'll have to do that and when I do I'll put a Seaver pack aside for you. >>



    Thanks Arthur, it's greatly appreciated. Btw, have you had much luck being able to tell what cards are showing on 1984 OPC wax packs. I've got a box, but have never examined the packs closely. Maybe Donnie Baseball is showing on one of the packs, but probably more likely to have Alan Ashby. >>



    84 is one of the easiest years. The top cards can't be seen but the cards on the back are face up and the wrapper is very thin with a lot of white.
  • cincyredlegscincyredlegs Posts: 2,032 ✭✭✭


    << <i>

    << <i>Guys, I am getting an eerie feeling that I am back in 1991. Stashing cases of 87-91 product as an investment for the future. That didn't work out very well for a ton of people. Seems like we are starting to see the same dynamics again. I am sure some people will make a few $'s but I have a feeling a lot of people will experience the same fate as others did 20 years ago.

    Not trying to be a Debby Downer, just offering a another perspective.

    Mark >>



    It might feel the same, but the extra step of a PSA grade adds a different element in the game, which was not available in those years of 87-91. I don't think "turning a profit" was about getting the same results as a Ryan rookie. But spending $10 to make $20 is a viable business venture if you know it can be done. There is no doubt that there will be lots of PSA 10's as the 80's climate gets more and more attention. But personally, I find it a lot of fun. >>




    I see your point. I find myself sometimes buying 92 fleer ultra and leaf just because it brings back some very fond memories. I think it is ton more fun now mainly because you can get for $8-$10/box vs $60/box in 92. Always loved pulling the Gwynn inserts, gold glove award winners, gold leaf rookies.

    I agree that you can make some money with the grading route. It is a lot of work though but if you get enjoyment out of it then that is all that matters. Most of us do this for the love of the hobby.

    Mark
    Project:

    T206 Set - 300/524
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