How many people keep unopened modern packs?
Luke1989
Posts: 136 ✭✭
I was thinking how many people are really buying hobby boxes, individual packs etc and never open them?
Thinking of long long long term that in 60 years these unopened packs will be similar in value to unopened from the 60’s/70’s
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I'm stashing a little bit of 2005 hockey.
Lol, you must be young. A lot of us here on the boards will be nothing but dust in 60 years!!
60 years?
Not sure about 20 Luke.
I'll probably never open anything I've purchased. I think cpamike is in my camp?
So you buy modern packs like this years tops heritage and sit on it?
Do you all think that enough people are keeping unopened to where they won’t be all that valuable 20, 30, 40 years from now.
I keep at least one unopened pack with each Topps set, 1951 to 2017 so far
Bowman Baseball -1948-1955
Fleer Baseball-1923, 1959-2007
Al
Ok so that’s not a big deal. I’m talking about people who keep boxes of them.
I am an unopened football collector. Mostly 80's football. But I also dabble in 80's unopened baseball.
As far as what I think you are referring to as modern, I am working on the run of Bowman Football. Sadly, that ended in 2015
I am saving 4 boxes of each year to hopefully pass on to each of my 4 children. If you are asking about stashing cases and train cars like Fritsch did, no, that's not me.
I'm mostly convinced that anybody that keeps the glossy finished cards from 1991 to the present unopened for the length of time you're talking about, whether in boxes of packs or even factory sets, will be left with a worthless brick of cards welded together (maybe worthless is too strong of a description, but let's just say that there won't be many, if any, 10s in there). Most of the value will be tied into the collectibility of the decorative boxes and wrappers that the cards come in.
You'll get the usual disclaimers about storing in a controlled environment, etc..., and perhaps that placing them in the freezer for several months before opening may reduce the chances that there is damage when you pull them apart, but make no mistake, there will still be at least some damage to some of the cards, whether it's a transfer of some print from one card to the other, or some flakes of foil from one card adhering to another. Any serious collectors still around 60 years from now will know this, and likely just go buy what they're looking for already contained in a 50th generation PSA holder vs ripping packs and submitting. That's my take on it, anyway. I'm sure there will be some disagreement, in which case, I preemptively say, good luck to you then.
Those who stashed 2011 Update Baseball are doing pretty well on a $35 purchase back then. I bought some boxes of 2015 S1, S2, Update Baseball. S2 and Update have more than doubled in 2 years. They have Bryant, Correa, Lindor RC's among others in them.
Doug brings up a good point. However, I've found it's very contingent on the specific issue. Some brick easy, others don't brick at all.
Arthur
If you are keeping them for the long term for the $$ appreciation I think you'll be mostly disappointed. A good mutual fund ETF will probably outperform over the long term. If you get enjoyment out of having them in the closet or display shelf then it's worth it. I've found as I've gotten older the kids and grandkids have no interest in my stuff so what I have kept I'll be getting rid of before I get too old and feeble. I'd rather it go to an interested collector than hastily hauled off to a donation center after I'm gone.
Little but off topic but didn't want to start a new thread for it. Why do hobby boxes cost more per pack than buying a retail blaster box or even individual packs?
Better odds of pulling better hits in hobby.
I have a stash of packs that I've been building since 2013, but I plan to open most of them. When I feel the need to get new cards, but I've spent all my money on medicine or can't physically get to the store, I pull from the stash.
There is a blogger who collects a single unopened pack from each set.
I have a few from sets I've completed that I doubt I will ever open, in theory they will get traded for something that I need, but that hasn't actually happened yet.
Completely agree with this. I have the luxury of experience in selling off a large number of "modern" boxes in the 15-20 year range. That's enough time to flush out who will be hall of fame material and such. Even the best years don't really offset the mediocre and bad. A box from 2001 (Ichiro, Pujols) might be 2 or 3 times original selling price, while the majority from other years end up selling right around original retail, usually 80-150%.
My dad's inventory mainly from 1997-2004 included big hits like late 90's basketball, a couple Tom Brady rookie boxes, and several 2003-04 basketball boxes (LeBron). In the end, an investment of around 70,000 will likely get him around 120,000. 70,000 dropped into the Dow on Jan 14th, 2000, which was the absolute high between 1997 and 2004 (you couldn't pick a worse day to invest during this period), would be around 147,000 today.
Remeber that the Dow investment accepted your social security number when purchased.
I just found a few "food" issue packs that I never opened - why?
Have no idea.
Griffey on top of one and bottom of other: Pepsi
Babe Ruth on top - Post cereal
For me I think redemption's kill the modern packs\boxes.
Oh yes I forgot about those. They have an expiration don't they?
Which if a redemption has expired what does topps do with it?
Define "modern". I have tons of 1989 bowman, a bunch of 1986 Topps, a box of 1990 leaf series 2, box of 1990 upper deck, etc. I bought them mainly for nostalgia. I've ripped some of the bowman and like 10 packs of 1986 Topps, but I get bored and then just let them sit.
Topps and Upper Deck do not honor expired redemptions. Panini does.