Sports & Recreation
Show #193 UDs NBA Bid + COMC's About To Dominate + BreakerCulture.com
Breaker Culture Website provides reviews & rankings of group breakers.
Upper Deck makes a bid on the NBA license. I discuss how the landscape could change with 2 licensees ... or possibly Upper Deck getting a small piece of an NBA license.
SportsCardRadio.com gets daily hits on its website for people looking for 2016 Topps Football. Obviously the news that Panini has the exclusive NFL trading card license for the next (presumably) 10 years hasn't trickled down to all collectors yet. My guess is very few people who casually buy cards know about this yet.
Listener shows 1 day flip on COMC/ebay. Bought the card for $1 on COMC - then sold it later in the day on eBay (via COMC) for $8. And now has to do nothing else but figure out how to spend the money. Let other collectors complain/worry about COMC's customer service while you scoop the money bags that are laying on the ground.
Money Flowing to COMC from eBay sales will have a big impact on the hobby - as long as 20% cashout fee stays in place. In order to get top dollar in the future - you will need to sell into COMC's ecosystem. Almost all eBay sales money flows into PayPal accounts - which can easily be transferred, spent & withdrawn to use for many other things than cards. COMC account balances are different because the money can only be spent on cards, blowout or cash with a 20% penalty. This will leave COMC sellers in a very lucrative position when all this eBay money (that used to go to PayPal) is now sitting in COMC accounts where the #1 cashout option is to buy more cards. Anyone not selling into this ecosystem won't get top dollar unless it's a premium/hot card - which are rare these days.
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