Is the Hobby Being Scammed? Plus, Baseball Hall of Fame Ballot Review and NFL Check-In.
Nov 27, 2023
auto_awesome
The hosts discuss the impact of repacking in the trading card hobby and the influence of big investors. They also touch on tax reporting for online payment platforms, card branding, and the value of rookie cards. In addition, they talk about nostalgic TV shows, observations on local card shops, and speculating Ohtani's card value.
01:20:34
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Repacking in the hobby may be a scam with potential negative impacts on the overall market.
Potential future value of cards should not solely rely on current player performance, as other factors play a significant role.
Sellers of high-value cards should consider selling rather than holding onto them, as the market for such cards is expected to decline in 2024.
Deep dives
Adrian Beltre, a lock for the Hall of Fame
Adrian Beltre's impressive career stats, including over 3,000 hits and 400 home runs, along with his defensive prowess, make him a clear choice for the Hall of Fame.
Mixed outlook for other candidates
While there are several other candidates on the Hall of Fame ballot, such as Todd Helton, Torii Hunter, and Gary Sheffield, their chances of getting in are not as certain due to various factors such as their overall impact or off-field controversies.
Advice to sellers in the current market
In the current market, Nate Burns advises sellers with five-figure cards to sell them rather than holding onto them, as the market for such high-value cards is expected to continue declining in 2024.
Caution against being results-oriented in card investments
Burns also advises collectors and investors not to solely focus on players' current performances when determining the potential future value of their cards, as there are many other factors involved in card values.
Evaluating the Impact of NFL Trading Cards
The podcast discusses the impact of NFL trading cards on the hobby and the potential value of different sets. They mention the recent release of a Panini DonRuss football hobby box and express mixed opinions on its pricing and value. They also mention the rising popularity of college cards and its potential long-term effect on players' pro debut rookie cards. The hosts also touch upon the significance of sealed products from pop culture sets like Lord of the Rings and Doctor Who.
Speculating on Jalen Hurts' MVP Chances
The podcast delves into the performance of Jalen Hurts and the Philadelphia Eagles, questioning whether they can maintain their momentum and become a dominant team. They discuss the possibility of Hurts winning the MVP award and how it would affect his card value. The hosts also discuss the competition they may face from teams like the San Francisco 49ers and the Dallas Cowboys.
Mike and Jesse start by discussing repacking. They talk about if it is a scam and the impact it could be having on the hobby (2:10). Later, they check in on some quarterback pricing in the NFL market (31:11) then talk about the 2024 Baseball Hall of Fame ballot (38:24). Finally, they answer some of your mailbag questions (59:25).