Latest / Sports Card Clubhouse / Surface Issues - Episode 4

Transcript

Surface Issues - Episode 4 · Sports Card Clubhouse

0:00
In our massive country, there are card collectors throughout
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the land participating in the hobby.
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There's Mike of Junk Wax Hero and Greg of Midlife Cards.
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And while distance may separate them, here is where they come
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together to talk cards. Hey, Tony, how you doing buddy?
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Oh, don't call me Tony. Oh, Mike is back.
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Tony's gone and Mike is back. Well, welcome back, Mike.
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We're excited to have you, bud. Yeah, a big, big thanks to Tony
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for taking over for me last week.
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He did such a great. You did too, of course.
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But Tony, you know, I, I listened to that on my drive
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home from work on Monday. I think first time I've listened
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to a podcast in 5 1/2 years, ever since I stopped going into
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the office on a regular basis. Now I'm going into the office
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more and so I'm starting to do podcasts again.
0:56
And you and Tony, I, I texted you this, I think are two people
1:00
I could listen to for hours. You both have, there's no dead
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air, there's no filler talk. It's just consistently
1:09
interesting conversation. Well, I genuinely love Tony.
1:14
It's so weird because it was about 14 months ago that we met
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for the first time and he walked by me at the National and
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recognized me and actually his his buddy, his buddy recognized
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me and said, isn't that Greg? And and they stopped me and said
1:33
hello. And then I saw him the next day
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and then I saw him again the next day and I was like, dude,
1:38
let me just get he's all here. Why don't you get my Instagram?
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I'm like, how about I just give you my number?
1:44
And then fast friends ever since.
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So it was, it was, you know, you weren't feeling good, but it was
1:51
nice to have a loaded bullpen. It was like, I'm like, hey, we
1:55
got Mariano Rivera out there, let's bring him in.
1:59
Yeah. So.
2:00
Yeah, he's great. I'm a huge Tony fan, big
2:04
believer. And when you told me you had
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him, I was like, great, perfect. He's better than me.
2:09
You, Wally pipped me as you. Now, you've been teasing
2:13
something here for, I don't know, a week or two about an
2:18
announcement about another podcast where you're going to be
2:22
cheating on me. And I think people are anxious
2:26
to hear what this is. So do you would do you want to
2:29
share it? Yeah.
2:31
Yeah, so I'm starting a a dual like a rotating podcast series.
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One week I'm going to be doing a series called So You Want to Be
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a dealer. And it is all about dealing.
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And I'm I'm interviewing or I shouldn't say interviewing.
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It's more of a conversation with various dealers around the
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hobby. It's not all Youtubers, although
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the first one is going to be Chris Sewell, collector,
2:57
investor dealer, in that order. And then I have some others
3:02
lined up that I'm really excited about.
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People that I bet 90% of the YouTube audience have never
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heard of. But they are big dealers out
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there and like one of them is on is a popular dealer on Twitter
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who has a lot of followers there.
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And I think it'll be really interesting.
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And then the other portion of this rotation is so you want to
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be a content creator. So it's so you want a rotating
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series, You want to be a this one is me interviewing content
3:32
creators. And again, I'm going to, I will
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do some Youtubers, there's no doubt, but I'm trying to get
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other people out there that I've never talked to that are outside
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of my normal, normal sphere and get them talking about what it's
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like being a content creator. I believe my first one is Adam
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Gray. I keep on and call him Adam
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West, which I know is wrong, but every time it's four letter last
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name Adam, Adam Gray, who is mostly basketball cards.
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And I'm going to have him on to talk about basketball cards,
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some vintage, some modern, probably not much ultra modern
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with basketball. But so, you know, just talking
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about what it's like being a content creator.
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And those will roll out in the next probably 2 weeks or so. 1
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So you want to be a dealer 1st and then so you want to be a a
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content creator after that? I mean that sounds fun.
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I I I don't know if I fully knew about this.
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So you want to be a content creator part?
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I knew about the other one, but that'll be fun.
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That'll be that'll be good stuff.
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Now the channel here, the oh, hold on.
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I didn't even put our logo up. If you're watching, gosh, you
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should have. You should have told me that I
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was. Oh, look at that.
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There it is. I should wait.
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Hold on. Hold on.
5:00
Let me do you do a magic trick. Ready.
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Pow did it. Love it.
5:07
So so the sports card clubhouse it it now has I post my midlife
5:14
Q and as on there, if you want to get them the soonest, it
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would be on Wednesday on my channel.
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But then on Sundays, they're going on to the podcast.
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And then we've got us, which we are on the podcast on Saturdays
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and then well, Tuesday, Thursday ish for on YouTube.
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And then we have Adam and Dylan did their their duo that they do
5:43
which to turn back the clock, which I love and their first one
5:46
posted on the podcast and on the YouTube channel and that was.
5:50
Together. What's that?
5:52
They're so good together. Oh, it's.
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It's as fun as any listen for me is listening to those two guys
6:00
because there is a Ying and a Yang.
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You know, they are different, but they also they just have
6:07
this just just great chemistry. So all right, well, that's
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exciting and we have more things coming to be added to the to the
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channel as well. There's been some talk about
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some things that have been, but, but once everything kind of
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officially starts happening, we'll start continuing to share.
6:30
But I have gotten to the point where podcast listening long
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form content, 30 to 60 minutes is really my jam.
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I love listening during my work commute.
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It's a 30 minute commute door to door.
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And so I, I, I really enjoy listening to stuff.
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So this is, this is fun because I'm hoping that people out there
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are feeling that way about this, where we could just talk about
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cards, which I guess we should maybe 7 minutes in now start
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talking about cards in summer. So there were a few ideas of
7:08
what we could talk about and, and in my last live stream, my
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midlife live #9 which was about a week and a half ago now at the
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end of the the stream, we asked the people in the chat, hey,
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what do you guys want to talk about?
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And there were two things that pop that really caught my eye.
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One was Orlando of a collector's dream.
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One of my favorite topics, I could talk about it all day
7:39
every day is quality versus quantity.
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And so I thought that would be fun to kind of pick your brain
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on that because we're also always evolving.
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One of the reasons I bring this topic up, I don't know, a couple
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times a year is because for me, it's always changing.
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And, and I might be one way now and I might be different here in
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a few months, but all and, and because there's not a right
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answer that makes it interesting.
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And then our buddy Mookie Chilson, he also had a topic
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that, you know, is interesting. It was more topical or current
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eventi, which is if we started a syndicate, what would our first
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big purchase be for the syndicate?
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You know, taking a page out of Kevin O'leary's book.
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So which of those get you the most excited to start with?
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I'm really excited about both of them, but let's start with the
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syndicate. And I think it'll be important
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to define what we mean by a syndicate because I'm not sure
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that this is a term that everybody's familiar with.
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And you know, when I mentioned it on my channel, there were a
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bunch of people who are asking what even is a syndicate?
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So. I mean to me, I mean, are you
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asking to me? It would be like an investment
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group. It would be a group of people
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who pull money together to try to make a splash at some larger
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purchases that individually would be difficult to
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accomplish. And I think Kevin O'leary's plan
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long term and and that syndicate's group is to maybe
9:23
sell like fractional ownership of the portfolio, but but we'll
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see. Yeah, he claims that he's
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already spent. He and his syndicate, he and
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Shine have already spent 20 or $21 million.
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But we don't know. We only know the card that was
9:39
the 2007 upper deck, Jordan LeBron I think.
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I thought he showed. I thought I saw some more.
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There were some Kobe's, some like flawless Kobe autos in
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there. Yeah, I saw something.
9:54
I saw something. But but that said, so if if the
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two of us pooled you know both $100 bills together, but if we
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had a, a deep pocketed group and we were going to make a major
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acquisition, what acquisition would you make?
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I have a list. So first, first and foremost, it
10:18
is on the market right now for the first time in two years.
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It's a 1914 Baltimore News Babe Ruth.
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It's in an SGC 3 at last sold for $7.2 million two years ago.
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It's right now at $3.1 million with, I don't know, two or three
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weeks remaining on it. And that's for me the the
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perfect opportunity right now to start our syndicate of wealthy
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people like us. Yeah, I mean super wealthy.
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When when? Now let me let me back up
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because you caught me a little off guard.
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I I thought that you might go that route, but the type of
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collector I am as an individual is and we're recording this on
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Thursday, October 2nd. I have a video that posts
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Friday, October 3rd on my midlife channel and it's all
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about the main reason I collect and the thing that is the most
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exciting for me when I collect, which is the image itself, which
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is the visual of the item that I'm buying and what I do.
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And, and at this point it will have what I did in the video is
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I share my 10 favorite looking cards, not my 10 most expensive
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cards, but the 10 cards that when I see them, I just, I'm
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like, oh, that's like, it's like walking through Yosemite, you
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know, it's like just gorgeous 19. 91 tops.
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Rodger Clements. Which is actually AI have.
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I have it right behind me. Now I have to grab it.
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I know we're not supposed to show things.
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We're not supposed to show things because this is supposed
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to be a podcast, but hold on. I also have it on my wall on my
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new shelf behind me in a one touch.
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But it's one of the. Greatest cards of all time.
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A Desert Shield copy. Oh, it is definitely not the
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Desert Shield. Mine came up in a Mont
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collection. That's a beautiful It's the most
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amazing card in Red Sox history. Have you?
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Seen it? Oh, it's really not.
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It's really not the 49 Leaf, Ted Williams says.
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Have you seen my picture of that exact same spot?
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Me leaning up against the the green monster picture?
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Oh, I'll have to. Yeah.
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Now I'm going to have to put this.
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I don't want to overlay this. I will.
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I will share that soon somehow. Yeah.
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This was given to me from a viewer of the channel in A tag.
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A tag. Lab.
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Do you have any other tags labs? I have a couple.
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I was also gifted. I, I once gifted, I was gifted a
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card of I was talking about some of the most memorable looking
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cards and unique cards. And people were talking about
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the, you know, the bubble gum bakwava card and stuff.
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And there's a leaf card where Pascal Perez has super Jerry
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girl and somebody sent me A tag card of that card in A tag
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holder. So I think I have two.
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Yeah, I well, what year is that, Pascal Perez?
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I think it's 1991. I think it's the the kind of
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Gray silver bordered leaf. The second year of leaf.
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Isn't that 90? One.
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Yeah, leaf. That makes sense.
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I didn't hear the leaf part. So I don't have a single tag
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slab in my collection. I have two Beckett slabs.
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We're getting way off track here, but that's OK.
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I have two Beckett slabs out of I don't know how many slabs.
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I have 250, maybe 300. So, so back to where I was going
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after you picked the Babe Ruth Baltimore news card is I don't
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know, for me, that's an important card.
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Obviously once you've seen that card, it's kind of becomes
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memorable. But I don't know if that card
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would check enough of the beauty box for me to want to spend that
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kind of money on it. But is the syndicate just an
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investment group or is the syndicate also a collector
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investment group? That kind of changes how I might
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go with it because as an investor, I could see how that
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would be a really good buy. It's it's a highly graded Babe
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Ruth, super rare early card like, but there are a lot of
15:06
cards that I find to be more beautiful.
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So for instance, if if we wanted to pick one card per GOAT
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athlete, right, you would probably choose the 1933 Gowdy
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Ruth yellow background, would you go with full body?
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We're talking most beautiful. Yeah, well, I I love the M1 O1
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cards and. And so that thin Babe Ruth
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throwing on the M1 O1 Ruth I'm a big fan of.
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And I don't mind black and white.
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Actually I love black and white. I would probably go the full
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body of the Gaudis but I like the M1 O ones.
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But we'd have to get a high grade if.
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'Cause we're wealth, of course. Outrageously wealthy in the
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stream. Correct, Correct.
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So yeah, Baber Ruth would definitely be in the
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conversation on what to buy. There are some Gaudi roots that
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are signed. There are Jackie Robinson Leafs
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that are signed to something like that.
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Excite. You yes, this is that was were
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on my list the 49 leaf Jackie high grade signed yeah, and you
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know as high as we could get signed, which I know there are
16:23
very few that are actually autographed and then, you know,
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I start thinking about Mantle. I'd want to high grade 52
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signed. I obviously I'd want to find a
16:38
grade 51 as well signed, but I would I would try to diversify.
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If you're going to spend this kind of money, we want it to be
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a extremely rare card because when you have an extremely rare
16:53
card, then it potentially creates a bidding war if and
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when the syndicate we're going to liquidate.
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So again, I don't usually look through things through these
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eyes. I look through them of the what
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does my what is my eye attracted to?
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I don't look at it of what is the, the card that has the most
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upside. I actually think that and, and I
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don't remember who I was listening to.
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I was, oh, I was listening to Dustin Sports car Dad and John
17:30
Mangini and, and Dustin was talking about buying lots of the
17:37
high grade of a specific card so you could almost control the
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market. And he used the Jim Brown.
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He was like, say there are, you know, 100 Jim Brown rookies in
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an 8. That card's hard to get an high
17:50
grade. What if you bought like 60 of
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them and you kind of controlled the market?
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And so that's an angle we could take too, is try to buy up
18:02
something. And the card that I think might
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be the most ups and Tony and I have talked about this Southern
18:10
collector 14 is the bond bred Jackie Robinson with the Michael
18:17
Jordan star being now kind of it seems like the preferred card
18:24
over the 86 flare if people are really going with that as the
18:30
true rookie. The true rookie of the Jackie
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Robinson is the 47 bond bread, which is also a very cool image
18:38
of him. And and you can buy them for
18:41
about $3000 in low grade and like a one.
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And if every time one of those popped up, we bought them and we
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just like kept all other collectors from being able to
18:53
enjoy this awesome card for our syndicate, for our evil empire
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syndicate, that would have some upside potential, I think.
19:01
What if Jackie Robinson tears his ACL though?
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Did you think about that? That is true.
19:06
That is true and there are a lot of injuries going on in sports
19:11
right now. That's possible.
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I don't even think he can get through 5 innings on the mound
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these days. Not with these, not with the way
19:19
the players are nowadays, you know?
19:22
So you mentioned the Michael Jordan rookie cards and
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obviously my preference is the 86 player.
19:28
I would love to have an 86 player Jordan, But in this crazy
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syndicate dream that we're having here, and I am filthy
19:36
rich and you are filthy rich, I wouldn't.
19:38
Of course I'd want both of those, but if I'm only choosing
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1 Jordan, I'm picking the 97 PMG Precious Metal Gems red.
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There are only 90 of them that were created, 110 of Mcgrane.
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The red is beautiful with the Bulls jersey I want.
19:57
I want that and the last one here.
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I've got some notes here. The last one that I could find
20:03
that sold was in January PSA 5 for $378,000.
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That card right now, the same exact card is now on eBay for
20:13
$1,000,000. Another one sold BGS 7 in 2022
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for $450,000. I mean, do you think that that
20:27
is long term sustainable or do you think there's a correction
20:31
on that card? Because as our evil empire
20:33
syndicate has to consider if we're going to take over the
20:39
sports card hobby, don't we need to make sure that we have cards
20:45
that are are correction proof or, or is that card correction?
20:51
Proof. I think that card is not only
20:53
correction proof, I think it may be undervalued.
20:59
I I don't know enough about it. I know that Nat Turner bought a
21:04
green that was authentic not all that long ago.
21:07
That kind of came out of the woodwork.
21:09
The other thing about a lot of those inserts is like, OK, maybe
21:12
there were 99 that were made, but surely some of those are
21:17
gone forever. So it's not nearly 99 because
21:21
nobody knew what that was when it came out of a pack.
21:26
Right. I like the Jordan rookie, but I
21:30
agree that the Jordan rookie is probably not something that our
21:36
our syndicate, you know, our our is it is it Mr. Burn, Mr. Burns
21:41
syndicate should be investing in because there's just so many.
21:47
I really think, yeah, the 86 flare.
21:51
I don't think that that's it. Now my a buddy of mine, a dealer
21:56
friend, a local dealer friend and I showed his table in my
22:00
last card show video at that card show about 2 1/2 three
22:04
weeks ago he had a Bulls star baggie unopened and he sold it.
22:15
That even though you can get an idea on the condition, even
22:20
being in the baggie because the Jordan is the top card I believe
22:25
in the baggie is insane. Like that's insane.
22:30
Yeah. And I just saw one that sold
22:32
recently, I think it was for $30,000.
22:35
And I, I, I don't know if it's smarter to leave it in the
22:39
baggy, the team bag because it's more rare in those or if it's
22:45
smarter to grade it. I guess it would depend on the
22:47
appearance of potential grade the, the, the I appeal of the
22:51
card in the bag. Does it have the potential to
22:54
get a nine or even A10, which I know is highly, highly unlikely,
22:59
but it's a it's an intriguing thing to think about.
23:03
Well, he was, he was kind of piling them up and, and for the
23:08
last couple of years he's been buying them up the Jordan star
23:12
one O 1 and that that that show he sold the baggy 1 and he also
23:17
sold one in a, a Beckett 8 And I think the baggy 1.
23:22
I think I, I, I should have, I should text him and ask him, but
23:26
I'm pretty sure the baggy 1 he sold for more, which is
23:30
interesting. So the syndicate now.
23:34
OK, so, so we're talking about the PMG Jordan, you've got the
23:39
Baltimore news. Babe Ruth assigned Jackie 49
23:47
Leaf signed Ruth Gowdy M1 O1 Ruth signed Mantle tops 52 tops.
23:56
What other is on the list for you I mean?
23:59
Ty Cobb back T20 6TY Cobb. So for anybody not familiar it's
24:04
the Ty Cobb T2O6 and he had his own tobacco and it had the Ty
24:12
Cobb card. So it's the red portrait and on
24:16
the back it says Ty Cobb. What does it say?
24:19
Ty Cobb? Yeah.
24:21
I I mean and it has a glossier. Jamie yes, I've I've been
24:27
talking to Jamie and have something coming out soon from
24:30
Jamie with an update. He now has one of them, but the
24:34
tie cop back, The tie cop back card, the front of it has a
24:37
glossier finish than the normal red portraits and those are
24:41
extremely rare. There are dozens of them in
24:46
existence. I don't remember the number in
24:48
the global population, but it's very, very low.
24:51
And that I would want the highest one graded.
24:55
Now, of course, if we're a syndicate and we're investing,
24:58
we want high grade, but also we want high, high appeal too.
25:02
Yeah. And for me, I think the
25:04
Syndicate, the rare is really important.
25:09
And for that reason, the Ty Cobb back of the Ty Cobb is, is
25:13
checking lots of boxes for me. I think that's a really good
25:17
choice. I think that's a really good
25:20
choice. I mean, it's Ty Cobb.
25:23
I I, I always say though, that the, the player, the, the
25:27
people, the humans who were players as well are who is part
25:35
of the social fabric and who is part of in the history books,
25:40
not sports history, but American history books, who are the names
25:46
that you see and the Babe Ruth's and the Jackie Robinsons you
25:50
tend to see more than some, but Ty Cobb's name is Ty Cobb and
25:57
and Mickey Mantle's name is Mickey Mantle.
26:00
Like there's something Cy Young. Like how many people do you know
26:03
named Cy there? There's something about some of
26:08
these names, like, I mean Walter Johnson, that's not as like
26:15
exclusive of an it's not, it's not dated, it's not catchy.
26:19
But Babe Ruth, I mean, there's something about that that I
26:24
think is is more memorable, that there's something to that.
26:29
Yeah, absolutely. There's the nicknames in the
26:33
early 20th century were amazing and and they they would show up
26:38
on cards and in more modern cards.
26:41
The like tops didn't put a nickname on a tops card until
26:44
like 1989 with Rock Reigns, if I remember correctly.
26:48
I, I might be mistaken, Somebody I'm sure will correct me in
26:50
comments. But there back in the day in the
26:56
early 20th century, their nicknames went on cards and so
26:59
you got to know them as well. I was going to say Stuffy
27:02
McGuinness, but the card that Jacob Wax back Wisdom show
27:04
didn't have his first name or his nickname on it just says
27:07
McGuinness. So yeah, those those nicknames
27:11
stuck with these guys. Well, and a lot of those
27:14
nicknames were like, so unpolitically uncorrect,
27:18
incorrect. It's like dummy tailors like
27:22
like, I mean. I call my cats dummy, little
27:26
dummy and big dummy. But for different reasons that
27:28
they called this guy dummy. JJ Clark is a guy in the T2O6
27:33
set whose nickname is beyond out of bounds.
27:38
And and yeah, but but the nickname thing is something, the
27:42
memorable names are something. And I'm curious about in 50
27:48
years, in 100 years, Ty Cobb being as recognizable of a name.
27:54
The fact that it's Ty Cobb certainly helps, But it's it's I
28:00
think that they'll all know Jackie Robinson.
28:02
Like, and I asked my kids this, you know, I'll say, hey, Molly,
28:06
you know who do you do you know who Jackie Robinson is?
28:10
Well, yeah. And she'll tell me.
28:11
Do you know who Babe Ruth is? Yeah, she'll tell me.
28:14
Do you know who Ty Cobb is? No.
28:16
And I was like, OK, So there is sort of a line in the sand for
28:21
pop culture and, you know, the social fabric of the country,
28:24
which is is something that I think the syndicate has to keep
28:28
in mind, you know, for the long term upside of the investments
28:33
that we're making. Yeah, absolutely.
28:37
All right. Do you have anything else that
28:38
you want to add? I mean, I again, there's a lot
28:43
of cards that I think are super important.
28:46
But Clemente, rookie high grade. Really high grade.
28:50
Very high grade like the 9 sold for $1.1 million.
28:55
Hard to find that card centered, so a perfectly centered 9 that
29:00
would work. I don't know if there are any
29:02
autographed, but that would obviously be a a good choice.
29:06
But like there's a ton of the Hank Aaron's autographed
29:09
rookies, 54 tops, you know, so like you can't.
29:12
That card is not going to go to the moon.
29:15
Yeah, he lived forever. He.
29:16
Lived and I think there were two 10's and one of them Nat Turner
29:19
has so we know that he won't allow any more to be.
29:25
We're getting into conspiracy theories now so I also.
29:28
I also want AT2O6. Wagner got 1/2.
29:32
One. Yeah, have to.
29:35
Now can it have a major paper loss on the back and 20 creases
29:40
in it like the one that was in APSA 2 holder at memory lane at
29:45
the National or? Or APSA restored no the.
29:50
Restored one that I saw at Strongsville.
29:55
It was, it looked like something out of the, you know, cartoon
30:01
section on the, the in the weekend newspaper.
30:06
It was, it did not look even close to like a real Cardinal.
30:11
I held it. I picked it up.
30:12
It was still partially a Wagner and partially something else.
30:18
It looks like if you ask ChatGPT to create an image of the T2O6
30:23
Honest Wagner. That's that's about right, yeah,
30:27
yeah. No.
30:29
And, and so then you have to ask, would you want your
30:32
syndicate to own the Greski Mcnall, Mcnall.
30:37
Wagner I would, because. This Mcnall.
30:40
M. CNALLI would because it's the
30:44
first car graded by PSA. It's part of a massive federal
30:48
investigation. We know it was trimmed and PSA
30:50
let it through. The story behind it, it's all
30:54
it's owned by Ken Kendrick. Probably worth $50 million or
30:57
something crazy. Yeah, I mean, our our buddy Jeff
31:03
went and and interviewed him and went through, went through and
31:10
and and he shared the story about how PSA called him up and
31:15
said, hey, you know, because because it's now proven to be
31:19
trimmed, you know, our buyback guarantee we will pay you what
31:23
you paid for it. Even though I thought there was
31:26
like a lifetime Max on that, but I guess they were going to go
31:30
past that. And and he's like, no, no, I I
31:34
would not sell it for that because it's worth way more than
31:37
that. That is, I mean, that has to be
31:40
the single individual, most famous and I would think
31:45
expensive card ever, right? Yep, when I was a kid in the
31:50
80s, early 90s, it was always the Wagner and the 52 Tops
31:53
mantle. Yeah, those are the the two
31:55
cards plus the 86. Donruss can't say Co.
32:01
I, I believe I saw that card, believe it or not, but my memory
32:09
might be I, I definitely have seen multiple Wagners, but as a
32:14
kid could have sworn I saw that exact one, but don't.
32:19
Well, I guess quote me on it. But but that was like, you know,
32:23
when hockey was moving into the warmer areas and LA Kings and
32:29
Gretzky goes down to LA and is expanding hockey and that's when
32:32
he bought it. And there was like so much like
32:35
excitement around that and it was so newsworthy.
32:38
And then the, the legend just was getting started at that
32:42
point. All right, well, now let me just
32:48
kind of pivot a little bit. When we talk about doing a
32:54
syndicate, which we're obviously not going to do, this is just
32:57
like a, you know, a mental exercise.
33:03
It feels like we're cheating on the hobby to me.
33:06
Like I kind of feel like I need to take a shower after this
33:09
because we're talking about cards that we think have upside
33:13
and that we would invest in. And, and there's so much talk
33:18
about how, you know, that's not what the hobby's about.
33:22
And for some people it's part of it and for some people it's all
33:24
of it. And for some people it's none of
33:26
it. I mean, the thought of a channel
33:28
being called Sports Card investor is just so different
33:33
than how a lot of us grew up thinking about the hobby and,
33:37
and participate in it even now. But there is that element.
33:42
So when you talk about these syndicates, when you talk about
33:45
these investors coming in, does it kind of taint the hobby at
33:50
all or, or is it a good thing for the hobby or is it a bad
33:53
thing or it feels like the stock chart type thing.
33:59
Now with the hobby it it's it's almost like a what's that?
34:05
What's that movie where everyone's in black and white
34:07
and then as soon as you like hook up, you turn to color or
34:12
whatever. What was that that movie called?
34:14
No. Oh.
34:17
You know what I'm talking about. The Wizard of Oz.
34:25
Where it goes from black and white to color the.
34:30
Wizard of Oz. No, I know that one when they
34:32
opened it up Pleasantville, did you ever see Pleasantville?
34:36
No, came out in the late 90s and it was these two, like it was
34:40
like they were growing up in like the 50s during like Leave
34:44
it to Beaver type era. And then as soon as they like
34:49
grew up to the age where they then were having like encounters
34:53
and stuff, like they changed color.
34:56
It's like in The Polar Express when you can no longer hear the
34:59
bell ring kind of thing. It's like you've changed anyway.
35:05
I don't even know what we're talking about.
35:06
What were we talking about? We're talking about does the
35:12
syndicate ruin the hobby? Yeah, is, is this is, is even
35:16
looking at the hobby through this lens, is it tainting the
35:22
whole point of it or is it just where we are?
35:27
It's just a thought experiment for you and me having Kevin
35:31
O'Leary and I did a video on this the day after the day we
35:34
found out he had bought that $12.9 million car.
35:39
And I said this is going to cause iconic cards to go up, to
35:47
go up in value and to wait to price us out, the low value
35:51
collectors like us out of those iconic cards.
35:54
And I, I got, I'm not going to say I got torn apart in the
35:59
comments, but a lot of people disagree with, which is great.
36:03
And then a lot of people, a lot of other Youtubers did videos
36:07
and talked about it and said, this impacts me in no way
36:09
whatsoever. And I disagree with them because
36:11
I think that when you have somebody like Kevin O'Leary
36:14
going on CNBC frequently, we've seen him on several times since
36:17
then. And I don't know what other
36:20
channels he's on and talking about the hobby.
36:24
And it's all about money and it's all about the value of
36:27
cards and, and that encourages other people to invest in what
36:32
we do. And I'm throwing up quote air
36:36
quotes for anybody who's not watching.
36:39
And to me, that is going to impact us, even though we are
36:46
much smaller dollar collectors, it's going to drag up the prices
36:51
of cards like the mega cracks. Messy, right?
36:58
It's at the 2004. Yeah, it's going to bring up the
37:02
values of the 49 leaf Jackie Robinson, which when I started
37:06
my ACE 100 list two years ago, I've still got to finish it.
37:10
I could, you could fairly easily obtain a very low grade 49 leaf
37:16
Jackie for under $5000, which is the cut off of my list.
37:19
And now those I believe have gone over $5000 for the minimum
37:24
along with several of of these other iconic cards that are on
37:27
my list. So I think that when you get
37:30
more high dollar people influencers in it then brings up
37:36
all these, even the PSA ones or PSA authentics.
37:42
Now the next pivot I'm going to take with us, I think could
37:47
could potentially extend this another hour, which we won't do.
37:51
We'll go another 5 to 7 minutes or so trying to keep this under
37:55
45 minutes. But now that you're back on the
37:59
train of the podcasting and listening to podcasting, a great
38:06
podcast is The Shallow End with Iowa Dave.
38:10
And he did a great video the other day and he was talking or
38:14
a podcast the other day and he said, why are we the only hobby
38:19
that talks about values? He's like people who collect
38:22
spoons don't don't go, oh, what's that spoon worth?
38:26
Like how much did that go for Fine China or you know all, you
38:31
know, original lithographs And and we're so you do disagree.
38:38
I do disagree. I think are.
38:39
You curious on spoon values. No, I'm not, but I think the
38:42
people who are collecting spoons are talking about the values of
38:46
them, and I just think that the values are lower because there
38:50
aren't that many collectors. With baseball cards, the values
38:52
can be significant because there's millions of collectors
38:55
of baseball cards, whereas there may be dozens of spoon
38:58
collectors. My mom when I was a kid
39:00
collected Hummels because of the value, what she believed to be
39:05
future value of them and that people collected Beanie Babies
39:09
and a lot of people thought they were going to be massively
39:13
valuable later on in life. So one of his things that he
39:17
cited was he listens to a lot of podcasts and a lot of collector
39:23
podcasts. And he said that he listened to
39:29
a podcast about a watch collector and that they never
39:32
mentioned value. And then he was listening to
39:36
other podcasts and they never mentioned value.
39:39
But if you listen to a sports card podcast, you hear value a
39:44
lot. That was sort of his lead in of
39:49
of the whole thought. Yeah, I don't know any spoon
39:54
collectors. I don't.
39:56
Know my grandmother did. Yeah, I don't know Hummel
39:59
Collectors, although when I go to estate sales, I, I do see
40:02
quite a few of those and they're still there late in the day.
40:09
So I don't really know, but I, I thought it was an interesting
40:12
question as to why. And so I don't know, like, I
40:19
guess you don't think that that's the case, but I, I, I
40:24
hear what you're saying too. I mean, I don't have any
40:27
evidence to cite either way. So I don't know if that's what
40:31
other collectors do because I don't associate with people who
40:34
collect spoons, you know? So let's let's look at a a
40:38
cousin collecting world, which would be comic books.
40:42
They definitely talk about value.
40:44
I watch, I don't watch comic book collection videos, but I
40:46
watch a lot of video game collection videos on YouTube and
40:50
they talk about value. They talk about value.
40:54
Probably not as much as we do, because I don't think the values
40:56
are nearly as high as baseball cards can be, but it is
41:01
definitely more ingrained in the baseball card world than it is
41:04
in other collecting worlds. But it is.
41:06
It is still a part of those other worlds.
41:08
Why do you think it's more ingrained?
41:10
What's your thought as? What's your hypothesis as to
41:14
why? Probably because it varies so
41:18
much in the in the sports card world, we're seeing a lot of ups
41:22
and downs. We're seeing a lot of people.
41:23
There's a lot of movement of baseball cards.
41:26
There's far more sellers and people are buying and selling
41:30
cards at a much higher rate than they are of other collectibles.
41:34
Just my guess of why that is. You're constantly hearing
41:39
reading articles, hearing people talk about it, and that kind of
41:42
snowballs. As more and more influencers
41:44
talk about it, then more viewers are going to talk about it too.
41:51
OK, you just you. Here's a left field question
41:55
that that you just spurred in my feeble brain as the mouse was
42:01
running along the wheel. The more that influencers talk
42:08
about it, what percentage of card collectors do you think are
42:15
are consuming influencer card content?
42:20
10 to 20%. OK, SO8980 to 90% aren't hearing
42:27
what others are saying, they're just doing their thing.
42:31
Right. And I think those 8090% don't
42:33
think about value that much. Yeah, Yeah, I think you're
42:38
probably right. I thought about value a little
42:41
bit as a kid. Oh, I thought about it a lot.
42:46
Which is interesting that as kids opening packs of wax we
42:53
were thinking about values, but that's a whole different
42:55
conversation, so. Yeah, well, I was thinking about
42:57
it because I was reading Beckett Baseball Card monthly.
42:59
I read it several times every month and it was all about
43:02
values. Yeah, that's true.
43:06
That's true. So maybe it's Doctor Beckett's
43:08
fault. A. 100%.
43:13
All right, buddy, it's been 43 minutes.
43:16
The Syndicate. Anything you want to wrap a bow
43:20
around before we shut it down for Episode 4?
43:27
I don't think so, but I do want to recommend people go out and
43:29
buy the Reese's Peanut Buttercup, Oreo or Oreo Reese's
43:34
peanut butter cups. Oh man, they are so good.
43:37
Really not sponsored by peanut butter Cups or Oreos?
43:40
But yeah, you accept the sponsorship from them.
43:44
Absolutely. All right, so to our friends
43:49
over at whoever owns them. The Mars.
43:52
Mars or Hershey or something? Hershey.
43:54
Yeah, yeah, something like that. I would, I'd yes, come offer us
43:59
free candy, OK? Yeah, I'm like Framer Kramer in
44:05
Seinfeld when they were going to offer him like 1/4 of
44:07
$1,000,000. We're gonna offer him free
44:10
coffee for life and a quarter of $1,000,000 and they get to him
44:14
and they say we'd like to offer you 1/4 of $1,000,000 or no,
44:17
we'd like to offer you free coffee for life and and then he
44:20
just shakes their hand and takes up the free coffee for life.
44:23
Doesn't need the money. I will take free peanut butter
44:25
cups for life. OK, I mean, can't argue with
44:29
you. I love chocolate, and peanut
44:31
butter is the best combo above peanut butter and Jelly.
44:37
It's peanut butter and chocolate.
44:38
So. Yeah.
44:40
All right. Well, thank you, my friend, for
44:42
finding time in your week to go through this exercise together.
44:48
To everybody out there who hates card value talk, you're welcome,
44:53
even though you're still not listening.
44:54
But that's OK because we'll be back next week with something
44:58
else. Maybe we'll.
45:00
We'll see. Maybe.
45:02
All right. Thanks everybody.