3rd Party Selling Game Used

[jbean023]

Hi,


Just wanted to get a few collectors thoughts and didn't want to hijack Russell's thread. He's a good guy, I'm happy for him getting his position and have exchanged a few emails in past years so this is in no way directed at him. I think 3rd party sellers are going to have tough time with game used in the upcoming years(economic predictions of inflation starting to increase and 35% unemployment by the end of 2016) and I'm not sure if the owners are trying to make a quick fortune or if the teams get aggressive in contact negotiations. For instance the Orioles were a team that didn't sell much game used and when they did it was super cheap, now with 3rd party prices were through the roof at the beginning of last season and you now you see the dropping in prices. Mlb auctions was showing that so when another 50 machado or markakis jerseys hit mlb auctions I wonder if they will all be saying reserve not met at auction end. After seeing the Padres and Rangers list I'm hoping this company doesn't go heels up like the 3rd party that tried with the Dallas Cowboys did before the season even started realizing that you weren't going to get 1,000 minimum for each jersey.

Just wondering collectors thoughts?

[Phil316]

Re: 3rd Party Selling Game Used

As someone stated in another thread this game used collecting if it keeps going the way it is it could very well end up like the sports card market.

I hope collectors realize that their Harper gamers, Macho gamers ect will be so plentiful that it will severely alter the prices/value. If you are in it to invest you will most likely be taking a loss. Especially if the teams and mlb keep up this crazy pace of pumping out gamer after gamer.

It stinks in my opinion but that's the reality. I hope that we see these reserves not being met as it will be a rude awakening for some of these clubs.

[Chess2899]

Re: 3rd Party Selling Game Used

I am just happy that I started collecting game used stuff 30 plus years ago.
It was so much easier to make a deal with a clubhouse attendant in the 80s or 90s or beg one off a player. Players had 2 road and 2 home uniforms per year while they now appear to have an endless supply of game used jerseys. Yes, one of the teams is giving players 3 jerseys to wear each day on a 3 day weekend just to raise enough money for game worn status. Then, on Monday, the player goes back to his comfortable jersey that he may wear for a few months and keep.

MLB will destroy the game used market just as card companies destroyed the card market by overproducing what was deemed "rare" at the time. When I called Topps on it in my Maddux Refractor lawsuit, they had overproduced the "rare card" times 6 which made it not so rare. Card companies then scrambled to number the cards. Is MLB going to number jerseys in the future? Gee, I have jersey #42 of 1,345 from M. Cabrera. That doesn't sound like an investment at $5000/jersey. But perhaps, you are just happy having a one day used jersey from your favorite player.

As far as the economy is concerned, the government can always print more money, continuing to devalue the dollar and jersey prices will incremently increase until they crash. I am talking about the game used jerseys from recent years.

Now if you want to play a waiting game, you will see cheap sell-offs over the next few years. Those $5000 jerseys may sell for $2000 on ebay because of financial woes causes by today's and tomorrows economy and unemployment which will cause providers for their families to forego collecting pleasure. You can't feed kids with a jersey.

I will still collect, but they will be vintage and maybe up to 2010 or 2011 of my favorite players. My Maddux collection ended in 2008 and Griffey in 2010 so I am pretty satisfied. I collect for my pleasure, not investment, but if the value does rise, I won't complain. I don't see investments rising for the new young players because MLB is looking for fast cash just like those card companies. I had a $million dollars worth of cards in 1998 that bottomed out to pennies on the dollar. I am not falling for that scam again.

Joe
sentefjoemd@aol.com
Maddux/Griffey/Brett/Schmidt/Carlton/Rose game used collector

[Masimen]

Re: 3rd Party Selling Game Used

Hi,


Just wanted to get a few collectors thoughts and didn't want to hijack Russell's thread. He's a good guy, I'm happy for him getting his position and have exchanged a few emails in past years so this is in no way directed at him. I think 3rd party sellers are going to have tough time with game used in the upcoming years(economic predictions of inflation starting to increase and 35% unemployment by the end of 2016) and I'm not sure if the owners are trying to make a quick fortune or if the teams get aggressive in contact negotiations. For instance the Orioles were a team that didn't sell much game used and when they did it was super cheap, now with 3rd party prices were through the roof at the beginning of last season and you now you see the dropping in prices. Mlb auctions was showing that so when another 50 machado or markakis jerseys hit mlb auctions I wonder if they will all be saying reserve not met at auction end. After seeing the Padres and Rangers list I'm hoping this company doesn't go heels up like the 3rd party that tried with the Dallas Cowboys did before the season even started realizing that you weren't going to get 1,000 minimum for each jersey.

Just wondering collectors thoughts?

If unemployment in this country ever gets to 35% the last thing we will be worrying about is game used prices!!!!!!

You make a good point though. With some modern players stuff going for such crazy premiums, I just don't see it lasting aside from a very very few select players.

[kellsox]

Re: 3rd Party Selling Game Used

The biggest question should be when do the tigers sell the "used " sewing machine that stitches all of the 100s of the 1 game -used Miguel Cabrera jerseys that will soon flood the market

[bravesfanjd]

Re: 3rd Party Selling Game Used

I am more curious in the next list because even though the prices were high I take into account it is opening day items as the season goes on and it isn't a special series will the prices be adjusted to show that.

[Steeleraddict]

Re: 3rd Party Selling Game Used

Hi Phil, that was me with some thoughts on the current state of the market.

It's a little tricky or disingenuous of the 3rd party on MLB, NBA etc auction sites. More so when they set their minimum bid at or usually above market price. It has turned me off from bidding and for a fact have passed on jerseys that I may have paid that amount in a real auction.

But I have my harpers and they continue to pump them out about every 3 wks for $5k minimum. During his rookie year there were bidding wars for GU jerseys. One nondescript jersey going for 10 k I believe. Then 8, then 7k. Now no bidders at $5000 minimum worn for a handful of games. That's one who I follow. Also, they do it for their phenom pitcher. But I've noticed the same going for different clubs. Amd Harper, trout etc you still have 15+ years of jerseys. The market, our community isn't big enough to sustain those prices.

The Texas rangers also being one of them. ESP when they had Josh Hamilton.

It's almost literally killing the goose. And as Phil316 mentioned very similar to what happened to the card market. Here Steiner, MLB are pushing jerseys worn for 3-5 games, maybe. Mariano...used in 1 game each jersey...so 1 inning?

Thats why new York jets gear is cheap and I believe the dolphins.
Oh, I got a game issued , tailored NYJ jerseys, highest quality, sewn
patches etc for somewhere near or less than 100 bucks. Waaaay less than retail, better and big enough to wear around, yard work, fishing etc. And this was a quarterback's.

35% unemployment? Ugh. We'll be using these jerseys for TP.

[Cubsfan4life]

Re: 3rd Party Selling Game Used

Ya teams have essentially killed the modern game used jersey market by flooding it. At least there are still some rare game used items out there to collect.

[frikativ54]

Re: 3rd Party Selling Game Used

The biggest question should be when do the tigers sell the "used " sewing machine that stitches all of the 100s of the 1 game -used Miguel Cabrera jerseys that will soon flood the market

Best thing I've read all day.

LMAO!

In all seriousness, I really do see game-used going in the direction of cards. Especially game-used baseballs. It seems as if everybody's got them, that everybody's selling them. Yet, is any third party collector/investor making money on such balls?

The good news is that if you want to collect baseballs from a certain game you were at, or if you have a certain favorite play, you may be able to pick up the very baseball(s). I've had those experiences, and they are delightful. However, if you are looking at collecting as an investment, I don't see how you can do it with the balls.

Now, when I purchase game-used baseballs, I don't do it with any expectation of a profit. I buy from players I like, and from games I am at. That way, they mean something to me. I wouldn't sell the majority of them, and they are fun for me. This is what collecting is about, IMHO.

[BamaHater]

Re: 3rd Party Selling Game Used

My take on Game Used is that many 3rd party dealers have priced many people out of the market with the help of the teams. If you look at what a lot of teams do, they award a company like Steiner the exclusive contact for the team for game used. Companies then know that you have to go through them to get what you want since it's available no where else. They can go charging $$$ for item you know is not worth the price. Just look at this team issued Shawn Kelly Yankees jersey they are selling for $350. No way in hell this is worth $350 for a TI jersey of a career 14-11 pitcher http://www.steinersports.com/shawn-k...-ek810912.html

[xsentrixsupra]

Re: 3rd Party Selling Game Used

I think the baseball model is the best in the business as far as making sure stuff is authentic and the approach the league itself has taken to the hobby. I do think though with that awareness though, comes what you guys are talking about as far as over saturation. Probably a double edged sword.

[rufusandherschel]

Re: 3rd Party Selling Game Used

MLB will destroy the game used market just as card companies destroyed the card market by overproducing what was deemed "rare" at the time.

Now if you want to play a waiting game, you will see cheap sell-offs over the next few years.

I don't see investments rising for the new young players because MLB is looking for fast cash just like those card companies.

Joe
sentefjoemd@aol.com
Maddux/Griffey/Brett/Schmidt/Carlton/Rose game used collector

Right on the mark!

[bravesfanjd]

Re: 3rd Party Selling Game Used

Now if you want to play a waiting game, you will see cheap sell-offs over the next few years. Those $5000 jerseys may sell for $2000 on ebay because of financial woes causes by today's and tomorrows economy and unemployment which will cause providers for their families to forego collecting pleasure. You can't feed kids with a jersey.

I agree that you will always find items cheaper as time goes on as long as a new supply continues to show up in the market which I think mlb will continue to do but that is with any item in terms of initial excitement high prices and then as it becomes more normal the price will drop and then prices will go back up as milestones and hof consideration are met.

When I got involved in buying gu items I realized from the start that only people with money to spend on these types of items got involved so I had to realize that I would be outspent on certain items and that I wouldn't be able to buy everything I wanted because somebody would probably have more purchasing power then I would. So saying that I also feel that what drives up initial prices is that fact that you have wealthy people who both want the item and that once all of that demand is met you are going to get lower price points because now you are so to speak selling to a different group of people with lower financial power then the initial group who pushed prices to a point that were never accurate for that specific item to begin with it was more desire based on lots of financial power to fill that desire then actual worth and investment opportunity so I think when we see prices drop they are probably dropping to the price they should have always been valued at not the price they were selling for

[paul457]

Re: 3rd Party Selling Game Used

As someone stated in another thread this game used collecting if it keeps going the way it is it could very well end up like the sports card market.

I've been saying this for a few years now, which is why my collection is getting smaller, and focusing on key pieces (quality vs quantity). If you need a true indicator look at Peyton Manning and the fact that he wears like 3 jerseys per quarter

These are fantastic collectibles, but you can see how the hobby is trending up, which means prices will spike, level off, the drop like a rock.

[Roady]

Re: 3rd Party Selling Game Used

Maybe it will effect those who are buying from the sale list that are sent out from the teams and then re-selling on Ebay for triple price.
You know the flippers who gobble up the good deals before the true collectors get a chance to buy them.
You know who you are.