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Wax softening

It seems the higher prices 70's wax is definitely soft now... I have put a few up here and one on eBay...... Looking for buyers on these is apparently tougher than it once was

Comments

  • travis ttravis t Posts: 1,185 ✭✭✭
    It must be a turvy day. Wait for topsy.
  • Gemyanks10Gemyanks10 Posts: 1,164 ✭✭✭
    Not another one....
    Always looking for OPC "tape intact" baseball wax boxes, and 1984 OPC baseball PSA 10's for my set. Please PM or email me if you have any available.
  • Originally posted by: travis t

    It must be a turvy day. Wait for topsy.




    +1 for the advice

    +1 for style
    Current T206 Needs: (Updated 9/11/17)

    LaJoie Portrait 3+, Cy Young Bare Hand 3+

    Ty Cobb Bat Off 4+, ANY Red & Green Portrait

  • vintagefunvintagefun Posts: 1,974 ✭✭✭
    I think it's one of those things where the price grew a lot in a short period of time. Combine that with 1 of 3 posts talking about either shilling for untrue prices or the bubble is about to pop, and then we're shocked when we don't get strong prices. Plus, the board has been slow, so the amount of buyers on site seems to be slowing too. High BIN with BO or auction seems to be the best way these days.

    I've got a lot of boxes I'd like to sell, but I got them at "good"prices and would rather hold than give them away or make a few bucks. It may mean I'm holding for another 10 years, if the bubble does burst, but I'm ok with that since I only buy what I like, and I only part with items I'm doubled up on or are realizing prices that I have to take advantage of for other needs/wants.
    52-90 All Sports, Mostly Topps, Mostly HOF, and some assorted wax.
  • 70ToppsFanatic70ToppsFanatic Posts: 2,106 ✭✭✭✭
    Prices for scarce 1970s boxes are still pretty strong. You have to consider what you have listed:

    1973 BB Series 4 Wax - The Fritsch stash on these is still deep and bring bled-off a box at a time through collect auctions. Although your asking price is basically the last winning bid without BP.l, contents of series 4 is really what hurts these boxes (mccovey, perry and the ATGs if I recall correctly)

    1975 BB Mini - still many of these in the market and notorious for awful centering (unless you know the case codes to look for from the case it came from....215351 has been a dog for those who have opened them). Asking price is fair but supply on these remains high enough that unless you list with PWCC or sell back to BBCE you are probably not going to sell it quickly.

    1976 BB - 15 cent variety. Most desirable of what you listed but priced a little strong based on recent and historical public sales data.

    1981 BB - anything post 1977 is a lot less rare than what people perceive.


    Not trying to say that these are to be shunned, but the heavyweights already have plenty of these. Plus no
    big HOF RCs in these that would set off a chase for high grade singles.

    The excitement in the market is with things like 1970 wax, 1971 wax, 1973 wax (series 1,2,3,5 and all series),
    1975 wax (regular) which remain elusive to many and contain some RCs that people dream if pulling from pack
    (Schmidt, Blyleven, Munson, Fisk, Baker/Baylor)

    Patience will ultimately serve you the best. Good luck with the effort.





    Dave
  • grote15grote15 Posts: 29,728 ✭✭✭✭✭
    A PSA 7 1971 Topps wax pack just sold for over $1,500.



    Agree with Dave's assessment. The boxes you have listed for sale are rather plentiful in recent years, with the exception of the 76 box, but don't forget that many of these boxes have tripled or even quadrupled in value over the past few years and that the 4th series from 73 is also the least desirable series from that year. You've also only listed these boxes a few days ago. People are not clamoring to spend thousands of dollars at a pop, especially with the board slower than it once was.



    I would say leveling out is a more accurate term than softening for the boxes you have listed. I also think the irrational speculation for some of these boxes has subsided a bit, which is a positive thing IMO for the longer term.



    But +1 for getting your FS thread on the main forum.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • rcmb3220rcmb3220 Posts: 1,108 ✭✭✭✭
    The smart money is in 89 and 90 fleer basketball. Only so much money to throw around.
  • DanBessetteDanBessette Posts: 6,421 ✭✭✭
    Originally posted by: Gemyanks10

    Not another one....




    +1 to this and like Tim said, kudos for spamming your BST thread in the main forum



    On a completely unrelated note, I wonder why CU is dying.
  • ndleondleo Posts: 4,144 ✭✭✭✭✭
    Personally I would stay away from baseball wax for now. The upside for most of these boxes is limited. It seem like all of the recent action is with mid-80's football and late 80's-early 90's BKB.
    Mike
  • ndleondleo Posts: 4,144 ✭✭✭✭✭
    Originally posted by: DanBessette
    Originally posted by: Gemyanks10
    Not another one....


    +1 to this and like Tim said, kudos for spamming your BST thread in the main forum

    On a completely unrelated note, I wonder why CU is dying.


    The board usually gets slower in the summer. This is still a hobby for most of us, people walk away and come back later.

    Mike
  • StingrayStingray Posts: 8,843 ✭✭✭
    Originally posted by: travis t
    It must be a turvy day. Wait for topsy.


    Thanks for that fine forensic analysis!!
  • handymanhandyman Posts: 5,381 ✭✭✭✭✭
    I kind of agree.
    Not soft but flat I guess.
    An example I remember is 1979 Trays going for 150.00 and now they are like 90.00-100 now
    But again there is still not much for sale to judge for the rest of the 70's.
    But they all seem flat unless not from a scarce year like 1971 in my opinion.
  • grote15grote15 Posts: 29,728 ✭✭✭✭✭
    Tougher issues are stronger than ever, particularly racks from 1977 and earlier. Regarding 79 trays-those ran up very sharply in a very short period of time. Too high, IMO. I can still recall buying them for $30 each back in mid 2000s, so even at $90-$100 a tray, that's triple what it was 10 years ago.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • handymanhandyman Posts: 5,381 ✭✭✭✭✭
    " Regarding 79 trays-those ran up very sharply in a very short period of time. Too high, IMO. I can still recall buying them for $30 each back in mid 2000s, so even at $90-$100 a tray, that's triple what it was 10 years ago"

    I agree at 30.00 a pack 10 years ago it was a steal. But not to long ago people bought them at 150.00 . And at 90.00 at todays price that is'nt a steal.

    It is a hobby and we all love unopened lets just agree on that.
  • LuvOldPacksLuvOldPacks Posts: 263 ✭✭
    OKAY, I agree!!! image
  • grote15grote15 Posts: 29,728 ✭✭✭✭✭
    I agree, as well~I also think sometimes too much focus is spent on the items we collect like there should be a stock ticker symbol affixed to them, too, lol..



    I know the BBCE list price for 79 trays was $150 at one point, but that was for a relatively brief period of time. I believe the current list price for a 79 tray is $125 on the BBCE site. It's also important to note that the BBCE list price has typically always been a bit higher than ebay/retail pricing because you are buying from a trusted source.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • DboneesqDboneesq Posts: 18,219 ✭✭
    As has already been said, harder to get packs/boxes are still selling at high prices. However, I believe the prices for the more common unopened items have slowed down, are cheaper now than a year ago and will ease up a bit more.
    STAY HEALTHY!

    Doug

    Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
  • flatfoot816flatfoot816 Posts: 2,194 ✭✭✭
    Originally posted by: VintagemanEd

    It seems the higher prices 70's wax is definitely soft now... I have put a few up here and one on eBay...... Looking for buyers on these is apparently tougher than it once was




    the rapid increase in 76 boxes has forced a few out of closets in the last year or so. I sold one privately after having listed it for $6350 on the bay. After fees and PP--I was hoping to snag $5700. I sold it for just less -- it was the .15 variety. So rather than wait for top dollar I was happy to get a very good profit and move on. not sure what you have into your box--but maybe a very good profit is better than a record setting price



    did the same with a 75 mini box. bought that for $750 at the end of the REA sell off and sold it privately to a board member for $2550. we were both happy at the end of the day
  • craig44craig44 Posts: 11,452 ✭✭✭✭✭
    I think it may have just slowed down for a bit. The thing is, they are not making any more of this stuff, and as each pack is opened, supply is slowly dying. I definitely don't see the bottom dropping out of this stuff, just a slowdown.

    George Brett, Roger Clemens and Tommy Brady.

  • VintagemanEdVintagemanEd Posts: 932 ✭✭✭
    Good info Flatfoot..... I am really thinking about sending all of my 70's wax to PWCC and just let the chips fall where they may!
  • Originally posted by: VintagemanEd

    Good info Flatfoot..... I am really thinking about sending all of my 70's wax to PWCC and just let the chips fall where they may!




    If you do that, you will need to change your name to ModernmanEd!
  • travis ttravis t Posts: 1,185 ✭✭✭
    Don't settle for chips 'n' dip. The National is just around the corner. Why not get maximum exposure for your stuff? Just a thought. Good luck.
  • 19541954 Posts: 2,905 ✭✭✭
    A very good point was made about boxes with HOF RC cards are extremely hot. While the 1976 Topps baseball box is extremely hard to find, the value of $7000 for this box is pretty hard to explain. I realize the Brett and Eckersley is a very hot item, but with 660 cards in the set and only 300 cards roughly from a .15 box - the odds are against you. 1970's boxes are extremely hot for those boxes which you just don't see pop up. 1979, 1978 1975 mini and 1973 Topps 4th series do not fit into the category of hard to find. The 1971 Topps box which just sold in HA for $77,000 is a very strong price considering that the last one sold for $40,000 four years ago.

    I think many minds start to shift from a collection to an investment once you see prices take off the way it has happened. It is very hard to separate the two in my opinion.
    Looking for high grade rookie cards and unopened boxes/cases
  • KendallCatKendallCat Posts: 3,009 ✭✭✭✭✭
    Excellent points 1954. I grew up collecting in the 1973-1977 years and loved 1976 as a kid - first year of LL, Reds won the WS... While I would love to grab a box for nostalgic reasons it is hard to justify the price tag of $6-7k for a box that won't yield many high $$ cards. As far as 70's wax anything from 1971, 1972, or 1974 has to be hot due to scarcity.
  • grote15grote15 Posts: 29,728 ✭✭✭✭✭
    Another thing to note is that the years you are seeing prices pull back on are also the years that saw the greatest increases, percentage wise. Wasn't too long ago that a 78 wax box was $500.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • jsanzjsanz Posts: 250 ✭✭
    I really enjoy these discussions no matter which way the unopened "market" goes. It's just fun to see people so into vintage unopened product.
    Love those 70's - early 80's packs and boxes...send me a message if you are selling because I am buying
  • handymanhandyman Posts: 5,381 ✭✭✭✭✭
    Great points.


    Off topic
    With the huge jump in prices with the 70s stuff I still do not see how the 60s product never followed. Is it because they have half the cards in each pack? I mean the population of unopened from the 60s is probably less than a 1/10 of what lasted from the 70s era. To me the 60s unopened has a better value but never took off in my opinion. I think people just want to be able to own a full box run with no breaks in it which is easier in 70s era and not that easy to go back into the 60s. Seems people are box collecting and not focusing on pack runs as much. But that is another discussion.
  • Stone193Stone193 Posts: 24,439 ✭✭✭✭✭
    The nice thing about "unopened" boxes?



    They don't need to be fed or bathed.



    I would just sit on them for now if one is not happy with buy prices?



    On the boards...



    I'm waiting for Scumbi to return. image



    image
    Mike
  • 70ToppsFanatic70ToppsFanatic Posts: 2,106 ✭✭✭✭
    Originally posted by: handyman
    Great points.


    Off topic
    With the huge jump in prices with the 70s stuff I still do not see how the 60s product never followed. Is it because they have half the cards in each pack? I mean the population of unopened from the 60s is probably less than a 1/10 of what lasted from the 70s era. To me the 60s unopened has a better value but never took off in my opinion. I think people just want to be able to own a full box run with no breaks in it which is easier in 70s era and not that easy to go back into the 60s. Seems people are box collecting and not focusing on pack runs as much. But that is another discussion.



    Significantly less availability of complete box 60s product gets offered in the market. It had already ramped up in price well before the 70s started moving. Plus the run up in HOFer star and RCs had not really started until just recently


    Dave
  • handymanhandyman Posts: 5,381 ✭✭✭✭✭
    Sounds about right.
    I guess Im a buyer in 1960s and not 70s.
  • grote15grote15 Posts: 29,728 ✭✭✭✭✭
    I think part of it is also due to demographics~there are a lot of guys who are now in their 40s who grew up during the 1970s buying packs from that decade, who now have some disposable income and are looking to recapture that experience. I know that is a primary reason that I gravitated towards 1970s unopened product, as it was what I remembered collecting as a kid.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • The main reason why realized prices have "softened" (if they have) is because of the Frankenstein packs and boxes that are now plaguing this hobby. These "holiday racks" and BBCE sealed hand made boxes where the packs have all probably been searched are very troublesome.

    I'd pay double for a "FASC" box than I would from the opposite.
  • KendallCatKendallCat Posts: 3,009 ✭✭✭✭✭
    Originally posted by: grote15
    I think part of it is also due to demographics~there are a lot of guys who are now in their 40s who grew up during the 1970s buying packs from that decade, who now have some disposable income and are looking to recapture that experience. I know that is a primary reason that I gravitated towards 1970s unopened product, as it was what I remembered collecting as a kid.


    +1

    My problem is the packs from 1974-76 are my favorites but scarce, not a ton of $$ to be made except some 1975's, but they bring back great memories.
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