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BBCE is cleaned out of the 5 or 6 1986 fleer basketball boxes they brought. Also 1987 Fleer case
lseecon
Posts: 318 ✭✭
1987 Fleer hoops ax case sold. Cant believe they all sold so fast.
1
lseecon
Posts: 318 ✭✭
lseecon
Posts: 318 ✭✭
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I thought we were in a correction.
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.
+1
Dave
They sold 7 1986 Fleer basketball boxes and the 1987 case yesterday, (Wednesday)
Tread lightly
Yep, upward correction!..Everybody has finally realized that they need more Sam Bowie Rookie cards!
Work in progress - Unopened Racks/Cello/Wax with star power for Baseball, Football and Basketball
Collecting unopened 80's boxes and graded packs
I may be hoarding too much 80's junk wax but I like it!
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
Looks like a bad market call for CrissCriss.
aconte
Looks like the only person not selling out of quality unopened is Jenny.
2015 World Series Champions
2018 Worst Minor League System In Baseball
#FIREDAYTONMOORE
How can this be? The chances of hitting a Jordan in gem 10 is so rare, I don't understand how its worth the 75k gamble....someone explain?
People who buy these boxes are not trying to crack for Jordan 10s. If they want Jordan 10s, they'll just buy the Jordan 10 straight up. The rarity of the box itself, what it represents in the realm of basketball lore and the provenance behind it is the draw in this case.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
My understanding is the they bought one of the boxes to do a "live rip" - if so - and it hasn't happened yet - I'll find out tomorrow and get some pics of the rip.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
Info on the box break: http://www.sportscollectorsdaily.com/big-money-fleer-basketball-case-finds-nscc/
I believe someone is also ripping a 1961 Fleer Basketball Pack with Chamberlain showing today at PSA. Cards will then be graded. JUICY!!
I also wonder if the national being in Chicago has any impact with the Fleer boxes selling well. It is the city that Jordan built. This is just speculation and not a Crisser proclamation.
i love the idea of doing a box rip with those, but at $2K/pack and a 1:12 chance at the jordan packs, it's tough to make it work in my head especially with psa 8 jordans still at 2K
Well this SUCKS.
Professional Sports Authenticator - PSA shared their photo — at The National Sports Collectors Convention Inc..
3 mins · Chicago, IL · ..
UPDATE: The 1961 Fleer Basketball pack arrived at our booth this morning. After being reviewed by our experts, the pack was determined to not be authentic. This underscores the importance of third party grading for unopened packs. Collectors - be sure not to let the anticipation of an acquisition override the necessity for authentication.
Was it ungraded or a GAI or what??
What was the price tag on this? Bought at national or brought from home (bought in past)?
I hope the owner of that 61 Fleer pack didn't just buy it at the National. If they had,makes you wonder why the original owner didn't have it authenticated knowing how valuable it was.
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
Because the people who bought these didn't buy them to open them; they bought them because they were convinced its something rare and an "investment" and to sell to the next gullible fool with more money than sense. These things are like a game of "hot potato", its just that the people buying them don't realize that until its too late.
I actively collect Kirby Puckett. I have collections of Michael Jordan, Emmitt Smith, Roberto Clemente, Dwight Gooden, Tom Seaver, Errict Rhett and Evan Longoria.
When someone spends quite a bit of money on a card or unopened box, do they go carrying it around in a bag for the next few hours while walking thru that huge show or do they immediately go back to their hotel room with it? I'd be worried about all the damage that could be done by a card or box bouncing around in a bag while being carried. Is this just my paranoia or are there other buyers that think of this as well?
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
Interesting questions. I had a custom case made about 16 months ago to carry my cards around in to protect them. Case is usually used for gun storage, and I had some custom inserts made to hold PSA cards - mine holds 16 cards plus two in the tray. Attached a couple of photos.
That is a great idea,I like it. Those are some great looking cards too.
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
Kendall - looks like you're packin' some HEAT !! The one thing about cards and guns --- you can never have too many!!
I saw the case and cards in person. Keith, awesome to meet you and your son. I probably won't be back so until next time, have fun opening the 87d..lol.
87 case sold for $79k. i think that was a great buy, personally.
Not with the carry laws in Chicago and reciprocity issues... If I have any leftover funds I might buy an M&P shield for myself for Christmas
KC
Can't go wrong with an M&P!! Merry Christmas!
This is the worst idea I have ever heard of. I cringed when I read it.
Join the Rookie stars on top PSA registry today:
1980-1989 Cello Packs - Rookies
Feel the same way. But it seems that PSA deemed the pack was resealed!!!! So no big RIP with that pack.
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.
Case sold for +- $4k per box. Is that a good break price?
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
It is a 12 box case so it sold for about $6600 per box.
James
Just Collect bought one of the 86/87 fleer boxes for $70k. Trying to do case break but as of 4:00 pm only about 12 takers at $2k each.
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
Sorry. Assumed the 87/88 had 20 boxes in case but not sure. Sold for +- $79k
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
Steve has loose boxes priced at $5000. According to Steve this is the only known sealed case of 1987 Fleer basketball
James
We broke an 86/87 fleer BKB box on the board a few years ago. Packs were only $450 or so in those days. $2k/pack might get enough interest at National if enough people hear about it.
Dave
Yeah - we did it twice since I joined. There was at least one box before that. I have to look, but I think the breaks were $350 to $375 per pack. Still have the five packs I got between the two breaks locked away safe and sound, CPAMike style. A $2K per pack break is ludicrous, IMO.
At $70k per box or roughly $2k per pack, it appears that unopened 1986 Fleer basketball is now being priced closer to a piece of art than as to the what the contents may be inside. But don't get me wrong; the untouched boxes BBCE just sold for $70k will probably be worth $100k and more in the future as people chase the scarcity of unopened boxes themselves. (I didn't buy one nor do I own one; I don't have the money! But that's my opinion.)
That said, my issue is with ripping packs at $2k. These boxes (and thus the packs, too) have doubled in price over the past two years. Sure, it may be fun to rip a pack, but the only realistic way you'll even break even is if you get the #57 Jordan. I mean, even if you get a Jordan sticker that grades a 9, plus an Olajuwon or Wilkins (or you pick 'em) that grades a 9, you still lose. You have to get 10s (which, obviously, is not very likely), and even then with an Olajuwon 10 or Barkley 10 or Ewing 10 or Malone 10, you still lose.
The 1986 Jordan and Jordan sticker will continue to rise in value over time, and the scarcity and hallowed status of the unopened boxes will keep them strong over time, too. But given how much 1986 Fleer basketball was produced and saved, if you're ripping packs at $2k per pack, unless you get a Jordan (or at least a Jordan sticker), you're almost certainly looking at a financial loss which may take 20 years or forever to overcome. But if that's entertainment to you instead of going to the casino, then I understand and hope you get a Jordan!
People paying $2,000 to rip packs are not running a financial analysis engine to determine the risk of the investment. They are having fun participating in a possible once in a lifetime box rip. Whether it is $2, $200 or $2,000, ripping a box is fun and people just enjoy fun at different financial levels.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
I can play the local muni in summer for $10 with cart. Or I can play Pebble Beach at $525. I'll have fun no matter where I play. Sometimes it's just nice to enjoy something cool!
Kevin
Kevin
Amen Kevin.
2k a pack, I almost fell over in my chair. It was a crap shoot at 350!
Did this happen? They want $2200 a slot on the bay
Seems like a total gamble at 2k for a pack...better odds ar 2k on a single hand of black jack
They would have had better luck with this on the 75k box for 2100 each. Having the chance at the Jordan front pack would have made this a much better break. The price per pack is still crazy but they should have also negotiated for Steve to authenticate and wrap any pack for $10-20 which would have opened the door up to pack holders like a graded pack with a from a full box label.
I just came across this ebay auction for twelve 86 Fleer packs graded by Atlas Grading Service,which I've never heard of. Kinda makes you wonder why they weren't sent to PSA to grade the packs especially with two MJ stickers showing on back of 2 packs.
.http://www.ebay.com/itm/1986-FLEER-BASKETBALL-PACK-BOX-12-PKS-GRADED-2-MICHAEL-JORDAN-STICKERS-ON-BACK-/263107783004?hash=item3d4272295c:g:pt4AAOSwPG1ZeB5C
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
Worldwide "atlas" basement grading probably. Lady found her husband's collection...should immediately be a scam email you avoid like "The prince of Nigera wants to send you 100 bazillion dollars"...
Ending tonight, Goldin Auctions has a box of 1986-87 Fleer BBCE, not sure if from the NY find, that is at $79,200 in extended bidding. This box may hit $100k in 3 years.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
IMO - this really wasn't the way to do this "break", and not really sure I'd even call it a break. It's really just selling packs from a full box.
I think the better way to do it was to do it by card number/slots in the set. Obviously 143 spots takes a little longer to fill, but by the pack leaves virtually no way to make out as there are so few 10s that would return the price of the packs at $2200 each or whatever it is. A raw Jordan isn't going to pay for the pack, so the only chance of making out on a "rip" actually requires grading. That doesn't feel like a very good "lottery ticket" to me if I have to do something else besides just get lucky.
If they've had done it by card/slot, cost would have been a little over $500. Obviously no idea what sort of centering is in there, but by slot the big RCs yield at least some possibility of paying out. Obviously the 57 slot would be a winner for sure in raw cards, and maybe even the Jordan sticker slot if they were nicely centered. The Barkley, Olajuwon, Ewings if they could yield even a couple PSA 9s would cover the $500, and a 10 on any of those singles would basically pay for the slot - break even isn't necessarily a bad outcome on something like this. Even Barkley in 8s at around $90-100 each gets pretty close to the slot price.
I think there are around 12-15 slots that have a potential to pay out assuming the cards were 9 quality, so you've got not quite 10% of the slots with some chance to break even and/or make out, and the rest took a $500 shot at 3-4 Jordan RCs.
I feel pretty confident that anyone who would have spent $2000+ on a pack would have also strongly considered buying 4 slots. I know I would have bought at least a couple slots if it had been done that way, but there's no way I was going to pay $2000 for one of the packs.
Yes it's more hassle, I get it, but I think it also makes a lot more sense as a real "break" as there's a chance for more winners.