Re: JO Sports adding teams in 2010?
This comparison is not so good. When you buy a car, its value drops as soon as you drive it off of the lot. Over time, it only continues to depreciate in value. If you're smart about your jersey purchases, it's not that difficult to at least break even, if not make a profit down the line. I respect JO's business model and it is Jarrod's right to price all of his items as he sees fit. But, like 34swtns, I always try to make smart purchases. In this context, a smart purchase is one that is unlikely to cause me to incur a loss when I go to trade or sell it.
JO Sports adding teams in 2010?
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Re: JO Sports adding teams in 2010?
Jerseys are like buying a car. Just because you paid $40,000 for a car 4 years ago doesn't mean it's still worth $40,000 if you went to sell it 4 years later.
When you buy a jersey from a dealer, it seams like the "value" drops 20-30 percent or basically ends up where it should of been priced to begin with, when it's purchased from them. Although some jerseys are the exception.....but not many.Leave a comment:
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Re: JO Sports adding teams in 2010?
At the very least, this thread has established the fact that JO's pricing is an issue that is being discussed among collectors quite often and among collectors/resellers........constantly.
I won't disagree with those of you who have chimed in with the "I've bought things from them and was happy with the price 'cuz I got paperwork and I really wanted that jersey" point of view. That's fine, you're primarily collectors. You are JO's target audience. You buy things because you want them without regard to their resale value and that's fine. You're the tentpoles that prop up this industry.I, on the other hand, buy these same items but I'm always looking to get the best deal I can possibly get because while I do tend to buy with the intention of keeping some items, invariably, everything is eventually going to be sold or traded. This fact makes it necessary to buy things that are priced "realistically". I truly like a lot of the items I've purchased in the past and some of them I still own as "cornerstones" of my personal collection but the bottom line is I don't intend to be buried with any of this stuff. Eventually, somebody else will end up with all of it and I'd like to not take a financial "bath" when the transfers are made.
This is an argument that I frequently have with another collector whom I've dealt with in the past. I always seem to have some "whale" item he wants and he's always trying to work some sort of trade deal with me to get it. These deals usually include varying degreees of "JO-type" items and he can't seem to understand that I couldn't possibly give his "JO items" anywhere near the trade value that he originally paid for them. He'll say, "but I paid $1000 for that Briggs jersey" to which I reply "fine, but it's really only worth $500-700, tops, so that's the trade value I can give you for it".
It frustrates him to no end and I sympathize with him but things are only worth what they are worth in the real world. I've said it a million times and collectors will continue to try to come up with an argument for this statement but it is unfortunately iron-clad:
An item's value is determined by what someone is realistically able to resell it for and not what you originally paid for it.
Basic business 101, since the dawn of time.
The bottom line here is I can't afford to patronize JO's inventory as much as I'd like to because I simply can't afford to. It's not that I don't have the money, I just have to shop for items wisely. I just can't make myself buy something that I know is really only worth about half to two-thirds what I'm paying for it, at best. (The cars we buy are the exception to this thinking but they're a matter of necessity, so it's a little different).
If you simply collect to own and don't mind paying whatever price is necessary to acquire an item, that's great. You are JO's ideal client. They're not catering to me and they're not obligated to. However, I represent a large portion of the potential audience for the items which they sell. If their pricing were more in line with what we collector/resellers require then it would open up a much larger client base for them and maybe items wouldn't sit in their inventory for months on end.
As I said before, price 'em to move and they'll move.Leave a comment:
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Re: JO Sports adding teams in 2010?
I'd like to know where that info came from. JO has some real nice pieces and responded to my emails so I would consider using them if they had a jersey I really liked. Please provide some sort of proof rather than just innuendo as the only negative I have heard about them is pricing.
I'm not really a collector who is willing to pay $1000 or more on a jersey unless it's something I would truly love and enjoy owning for many many years to come. At this time, NO player in today's NFL on the Dolphins is worth paying $750 or more for. However, that is just my opinion. Maybe if my wife and I had thousands of dollars to spend freely every month, my opinion might change.
I think JO has brought some truly nice pieces to the hobby and provides some measure of authenticity and service to the hobby. NFL jersey should be easily photomatchable and JO tells you which game it was worn so all of their stuff should be verifiable if a collector invests just a little time. I think if they owned the rights to every team 2 things would happen:
1) All we would ever talk about was how easy getting your player's authentic game worn shirt has become
2) We will all complain how damn expensive these shirts have become.
If I can be so bold as to offer some expert advice from someone who taught me a lot about this hobby: If you make one little known player's jersey with average use available (let's say a 4th string lineman) for $150 for every superstar's photomatched jersey (let's say a Pro Bowl QB) at $15K, then everyone will be able to own their teams jersey in their own price range and good vibes and chatter spreads about your company and profits go up. Either way, JO at least offers some integrity and backs up their items for their prices. Otherwise they'd be the Football Steiner
Well to answer question: First off you are right about the equipment manager handling the jersey so I should know what I am talking bout when I say that the Raiders Equipment manager is Danny Molina. Second JO Sports has a Thomas Howard Jersey for sale $2000 on there website and ebay. NFL Auctions one of the 2009 season game worn jersey listed currently on auction. Now I been watching game worn jersey on there website for the last two years and have purchase a few. As a consumer you are telling me cause JO Sports has team rights that they are not over priced when we all know that the Howard jersey might not sell for no more than 400.00. That is 1600.00 dollar difference. And he is a active 2nd hand (LB) player!!!!Leave a comment:
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Re: JO Sports adding teams in 2010?
Not to mention the $4500 price tag for a kid that hasn't even been drafted yet.
Are you telling me, that based on Suh's price tag, that that kat is better the Urlacher, or Jarred Allen, I mean come on.Leave a comment:
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Re: JO Sports adding teams in 2010?
Well mon Forte 2008 was his rookie year so maybe that is why it is more than a 2009. And the cheaper Briggs is not matched to a specfic game from the season it was used so maybe that is why. They seem to charge more based on little disparities. They are charging 500 more for a photomatched jersey of that nebraska DT then one that is not.
The Suh jersey you refer to is a perfect example of my point. The photomatched jersey is $500 cheaper than the one from the 2009 season - the season the Huskers went to the Championship down in Texas.
Where are they getting their price schemes from? I'm sure that both of those Suh jerseys were bought for the same amount, so what constititues the $500 difference in price?Leave a comment:
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Re: JO Sports adding teams in 2010?
We have all seen that JO has recently been tapping into the auction market (GUU, GFC, eBay, etc.) so they have to see that their realized prices are considerably less than their original asking price. Listening to the customer, and watching what your items sell for in the open market gives you a perfect idea of what the items are actually worth.Leave a comment:
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Re: JO Sports adding teams in 2010?
Well mon Forte 2008 was his rookie year so maybe that is why it is more than a 2009. And the cheaper Briggs is not matched to a specfic game from the season it was used so maybe that is why. They seem to charge more based on little disparities. They are charging 500 more for a photomatched jersey of that nebraska DT then one that is not.Leave a comment:
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Re: JO Sports adding teams in 2010?
Very well said. You and I have discussed this on numerous occasions and some of what you said will fall on deaf ears, but in all you are exactly right.
On a side note, back to the issue of JO's prices, I have to admit that (in my Bears market at least) the prices are just whacked. Not so much for the value they feel that the individual jerseys are worth, but in the sense that their price scheme seems tilted.
This may not be the same for other teams inventory, but mind you, I am only speaking in terms of their Bears items.
What I cannot grasp is the pricing between the same players jerseys. They have a Matt Forte jersey from the 2009 season listed at $3500. Right next to it they have another Matt Forte, (2008) listed for $500 MORE. Other examples include a Briggs listed at $1125, and one at $1500 - a $375 difference. Alex Brown for $1100, one at $750, etc.
To me that makes absolutely no sense. Why is the same players jersey more, or less. Why not price them all the same? This tells me that there is alot of room for mark-up and when 1 jersey is priced $350+ more than a jersey of the same player, that points me into believing it is greed.
Now, before I appear to be knocking JO, let me say that I have worked with Jarrod personally on many occasions. I own 3 pieces from JO. Like everyone pointed out their customer service, response time, etc. is above all the best I have come across. Perfect example - on Monday (12/29/2008) I e-mailed JO and said that I wanted Urlacher's uniform from that Sunday's game. Jarrod made that all possible. Couple of month's later, the full uniform arrived at my door step. I do not know of any other place out there that would do that, or even CAN do that, for that matter. I will always commend these guys for what they do in this hobby.
It's just the prices...! As someone said earlier (Skins maybe), they seem to cater to the higher end collectors. I have made that same point in another thread about JO. All I would ever ask of them is to help out the little folk a bit more. We have all seen that JO has recently been tapping into the auction market (GUU, GFC, eBay, etc.) so they have to see that their realized prices are considerably less than their original asking price. Listening to the customer, and watching what your items sell for in the open market gives you a perfect idea of what the items are actually worth.Leave a comment:
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Re: JO Sports adding teams in 2010?
Can't speak to the other teams, but I have bought a ton of much cheaper Skins stuff with great game wear from Mark Hayne. I spoke to him live last night, and he is planning a Skins sale next week. His email is gixc@verizon.net. Highest recommendation!Leave a comment:
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Re: JO Sports adding teams in 2010?
Not true. There are boatloads of game used NFL jerseys that hit the market that aren't even worth $100. The players just don't pull decent prices. They just don't.
And you can't use the comparison that any gamer should be worth a couple hundred bucks because retail authentics cost even more. It's apples to oranges, two different products, two different target buyers.
Let me preface this by saying I've had dealings with and made satisfactory purchases from JO Sports. While I've never gotten what I would consider to be "a bargain" from them I will say that they were at least willing to negotiate with me in order to make an item's price more realistic.
I collect Bears gamers and Buccaneers gamers. There are tons of Bucs gamers that become available every year from players past and present that barely break the $200 mark. That's accepted among those of us who are knowledgeable regarding Bucs equipment. You pay more than a couple bills for a Bucs jersey and you'd better really like it because you may not get your money back out of it. At the same time, we see Bears jerseys belonging to B-listers and guys who are no longer with the team for sale for twice what a similar Bucs jersey would sell for. Other than the fact that it's from a more desirable team, a typical example of these Bears jerseys are still realistically worth around $200-250....tops. The resale market proves it every time.
I've bought and sold more examples of these than I could possibly count.
Unless it's a star player, these lesser players' jerseys just don't maintain their value.......at all. If you're able to control the market to the point where you can get $400-500 for one-year players and traded/cut players then you, sir, have hit the lottery. Regardless of all the team paperwork, COA's, wearmarks, photomatching and whatever bells and whistles you can attach to a jersey, in the real world some of these are not now nor will they ever be worth more than $200. Period.
If you're able to command more than that amount for them, God bless you, you're clearly an example of the American dream at it's finest.
There will be cheerleaders and others who will attempt to present an argument to the contrary, but those of us who are truly knowledgeable in the buying and re-selling of these items with the intention of not losing money know that there is none.
While I commend JO Sports for organizing a successful and badly-needed venue in which to market an item which has not previously been marketed on such a scale, I would like to see some issues in regards to the pricing of these less desirable jerseys. We all watch them sit in their inventory for months for a reason. Price them to move and they'll move, I promise you that, and I certainly hope that with their new plan to work with the members of this forum they will be working towards that end.
On a side note, back to the issue of JO's prices, I have to admit that (in my Bears market at least) the prices are just whacked. Not so much for the value they feel that the individual jerseys are worth, but in the sense that their price scheme seems tilted.
This may not be the same for other teams inventory, but mind you, I am only speaking in terms of their Bears items.
What I cannot grasp is the pricing between the same players jerseys. They have a Matt Forte jersey from the 2009 season listed at $3500. Right next to it they have another Matt Forte, (2008) listed for $500 MORE. Other examples include a Briggs listed at $1125, and one at $1500 - a $375 difference. Alex Brown for $1100, one at $750, etc.
To me that makes absolutely no sense. Why is the same players jersey more, or less. Why not price them all the same? This tells me that there is alot of room for mark-up and when 1 jersey is priced $350+ more than a jersey of the same player, that points me into believing it is greed.
Now, before I appear to be knocking JO, let me say that I have worked with Jarrod personally on many occasions. I own 3 pieces from JO. Like everyone pointed out their customer service, response time, etc. is above all the best I have come across. Perfect example - on Monday (12/29/2008) I e-mailed JO and said that I wanted Urlacher's uniform from that Sunday's game. Jarrod made that all possible. Couple of month's later, the full uniform arrived at my door step. I do not know of any other place out there that would do that, or even CAN do that, for that matter. I will always commend these guys for what they do in this hobby.
It's just the prices...! As someone said earlier (Skins maybe), they seem to cater to the higher end collectors. I have made that same point in another thread about JO. All I would ever ask of them is to help out the little folk a bit more. We have all seen that JO has recently been tapping into the auction market (GUU, GFC, eBay, etc.) so they have to see that their realized prices are considerably less than their original asking price. Listening to the customer, and watching what your items sell for in the open market gives you a perfect idea of what the items are actually worth.Leave a comment:
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Re: JO Sports adding teams in 2010?
Bigben7 -- Welcome to the forum! I hope you don't mind me asking, but after reading your first two GUU posts in this thread, I am curious ... Do you have some sort of affiliation with JO Sports?Leave a comment:
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Re: JO Sports adding teams in 2010?
Not true. There are boatloads of game used NFL jerseys that hit the market that aren't even worth $100. The players just don't pull decent prices. They just don't.
And you can't use the comparison that any gamer should be worth a couple hundred bucks because retail authentics cost even more. It's apples to oranges, two different products, two different target buyers.
Let me preface this by saying I've had dealings with and made satisfactory purchases from JO Sports. While I've never gotten what I would consider to be "a bargain" from them I will say that they were at least willing to negotiate with me in order to make an item's price more realistic.
I collect Bears gamers and Buccaneers gamers. There are tons of Bucs gamers that become available every year from players past and present that barely break the $200 mark. That's accepted among those of us who are knowledgeable regarding Bucs equipment. You pay more than a couple bills for a Bucs jersey and you'd better really like it because you may not get your money back out of it. At the same time, we see Bears jerseys belonging to B-listers and guys who are no longer with the team for sale for twice what a similar Bucs jersey would sell for. Other than the fact that it's from a more desirable team, a typical example of these Bears jerseys are still realistically worth around $200-250....tops. The resale market proves it every time.
I've bought and sold more examples of these than I could possibly count.
Unless it's a star player, these lesser players' jerseys just don't maintain their value.......at all. If you're able to control the market to the point where you can get $400-500 for one-year players and traded/cut players then you, sir, have hit the lottery. Regardless of all the team paperwork, COA's, wearmarks, photomatching and whatever bells and whistles you can attach to a jersey, in the real world some of these are not now nor will they ever be worth more than $200. Period.
If you're able to command more than that amount for them, God bless you, you're clearly an example of the American dream at it's finest.
There will be cheerleaders and others who will attempt to present an argument to the contrary, but those of us who are truly knowledgeable in the buying and re-selling of these items with the intention of not losing money know that there is none.
While I commend JO Sports for organizing a successful and badly-needed venue in which to market an item which has not previously been marketed on such a scale, I would like to see some issues in regards to the pricing of these less desirable jerseys. We all watch them sit in their inventory for months for a reason. Price them to move and they'll move, I promise you that, and I certainly hope that with their new plan to work with the members of this forum they will be working towards that end.Leave a comment:
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Re: JO Sports adding teams in 2010?
Not true. There are boatloads of game used NFL jerseys that hit the market that aren't even worth $100. The players just don't pull decent prices. They just don't.
And you can't use the comparison that any gamer should be worth a couple hundred bucks because retail authentics cost even more. It's apples to oranges, two different products, two different target buyers.
Let me preface this by saying I've had dealings with and made satisfactory purchases from JO Sports. While I've never gotten what I would consider to be "a bargain" from them I will say that they were at least willing to negotiate with me in order to make an item's price more realistic.
I collect Bears gamers and Buccaneers gamers. There are tons of Bucs gamers that become available every year from players past and present that barely break the $200 mark. That's accepted among those of us who are knowledgeable regarding Bucs equipment. You pay more than a couple bills for a Bucs jersey and you'd better really like it because you may not get your money back out of it. At the same time, we see Bears jerseys belonging to B-listers and guys who are no longer with the team for sale for twice what a similar Bucs jersey would sell for. Other than the fact that it's from a more desirable team, a typical example of these Bears jerseys are still realistically worth around $200-250....tops. The resale market proves it every time.
I've bought and sold more examples of these than I could possibly count.
Unless it's a star player, these lesser players' jerseys just don't maintain their value.......at all. If you're able to control the market to the point where you can get $400-500 for one-year players and traded/cut players then you, sir, have hit the lottery. Regardless of all the team paperwork, COA's, wearmarks, photomatching and whatever bells and whistles you can attach to a jersey, in the real world some of these are not now nor will they ever be worth more than $200. Period.
If you're able to command more than that amount for them, God bless you, you're clearly an example of the American dream at it's finest.
There will be cheerleaders and others who will attempt to present an argument to the contrary, but those of us who are truly knowledgeable in the buying and re-selling of these items with the intention of not losing money know that there is none.
While I commend JO Sports for organizing a successful and badly-needed venue in which to market an item which has not previously been marketed on such a scale, I would like to see some issues in regards to the pricing of these less desirable jerseys. We all watch them sit in their inventory for months for a reason. Price them to move and they'll move, I promise you that, and I certainly hope that with their new plan to work with the members of this forum they will be working towards that end.
Just cuz somebody will buy the scrub jerseys for $400, doesn't mean that they'll ever sell for that again. I can almost guarantee you that if you put any of those jerseys on eBay, they'd get 1/2 the price at best.
I completely agree with your statements about JO Sports as well... I also commend them for their business and the success of it, I just don't think that it helps out the "average" collector. It certainly caters to the high end, star jerseys, but it doesn't help to make game used equipment to the "average joe" for a reasonable price. I don't understand either how it helps them out when they just sit on inventory. The #1 rule of business is to turnover inventory... and that doesn't happen quickly with JO.
I also agree that with this newly announced plan to work with GUU members, I hope that they give us reasonable prices. Since I don't go for the superstar jerseys, I don't care if they offer a discount on them, I'm just hoping for them to bring their prices down to reasonable levels for the jerseys of semi-stars that have been sitting on the shelves for a couple years.Leave a comment:
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