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12-20-2009, 06:02 PM #1Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
$3k+ for a Cutler and $20k for a Sanchez. You will NEVER, EVER see your money back for those. I just hope that the folks that were dumb enough to jump the gun and pay those prices bought them because they are related to those guys or something. Sure wasn't because either of those players a good and worth that kind of bread.
Its actually funny to me. That's one hell of a costly lesson. I can hear it now....."yeah, I paid for a $3000 Cutler jersey because he led the league in interceptions that year. That alone makes it a one of a kind"......dumbasses.
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12-20-2009, 11:00 PM #2Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
Class envy anyone? What people dont realize is that many of the people who drop that kind of coin do so for a reason. Anyone got any ideas what those reasons are? I think it is because they can.
Baseball do what it do
-Ron Washington
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12-20-2009, 11:59 PM #3Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
Just proves that money can't buy you common sense.
Originally Posted by Fnazxc0114
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12-21-2009, 12:43 AM #4Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
You know Troy Aikman for instance had a really rough first year in the league. What would you pay now for the first legit jersey that he ever wore as a pro? You question my common sense thats fine, but i bet the person who dropped 20 grand on a jersey probably has plenty of common sense. Perhaps the idea of spending 20 grand didnt require much thought for the owner.
Baseball do what it do
-Ron Washington
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12-21-2009, 12:30 AM #5Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
Originally Posted by Fnazxc0114
And the abillity to indiscriminately "drop that kind of coin" can result in some hard and very expensive lessons.
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12-21-2009, 12:47 AM #6Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
If you had a million in the market and lost 20 grand in one day would you really be worried? For all we know the person who bought the jersey is a regular working stiff and bought it at 24 percent on a credit card. I really think that scenario is highly unlikely.
Originally Posted by 34swtns
Baseball do what it do
-Ron Washington
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12-21-2009, 12:58 AM #7Banned
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Re: If you paid BIG $ for JO's Cutler or Sanchez
The prices paid for these items was insane to begin with and these purchasers should have realized from the start that anything short of an Elway, Montana type career (which was 99.9999% not likely to happen) would result in them taking steep losses on these items. However, they are unlikely to learn from it as noone wastes money better than wealthy people, especially on luxury items. These purchases were not investments they were an attempt to get bragging rights with their wealthy friends.
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12-21-2009, 01:55 AM #8Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
I agree with legaleagle. Some hot draft picks are initially priced so high that if they turn out to be the next Steve Young, instead of Joe Montana, the prices will drop. In fact, even if the player turns out the next Joe Montana, the prices can still drop.
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12-21-2009, 08:02 AM #9Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
I'm not sure there is any one person on this board that can look in the mirror and admit to themselves that every GU piece they've ever purchased will (at least) return the money that they spent on it. Originally Posted by TriplexXxSports
If you can, you're a better person that me.
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12-21-2009, 09:03 AM #10Senior Member
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Re: If you paid BIG $ for JO's Cutler or Sanchez
I don't consider myself a better person, because I am far from. But the first thing I ask myself is... "if I purchase this, does it have the potential to make a profit?" If the answer is NO, then I will pass on it. Even stuff for my personal collection. Originally Posted by ironmanfan
I think that is in the back of every collectors head at some point. Its just more of a priority for me. Everything has a price and if you can make even $50 or $100 above what you paid then it makes that piece worth the purchase price, IMO.
Why buy something knowing that if you ever need to sell it you are going to take a loss, or not get (at least) your money back? I know most collectors do not plan on selling certain pieces in their collection, but we all know that is not realistic. Stuff happens and stuff will need to go to make room for that next "gotta have it" item, or a baby, or mortgage payments, etc.
The only downfall to places such as JO Sports is that their prices are set high enough that it minimizes, if not eliminates, any potential for resale profit. You cannot blame them because it is marketing genius, but to us average joe's that cannot afford a $3k Cutler, or a $20 Sanchez, we tend to shy away from them and wait for a better deal to come along.
We have all seen this recently with the items that JO has consigned to the auction houses. You saw that the items went for much less than their website asking prices.
I'd like to see them work a little more with us common collectors rather than cater to the rich guys with more dollars then sense. I know they used to......
