On this week's episode I give my hot take and feelings on the MASSIVE Hobby news of Fanatics purchasing the Topps Sports and Entertainment division! Overall this is exceptionally good news for the Hobby, regardless of what disipline you subscribe to. There will be benefits to the Collector, Investor, Dealer and Business Owners in the space no matter how you look at it. I was surprised that this news came so soon, as I expected this purchase to not happen for 12 or 18 months out. It addresses the concerns that Topps would overproduce as they rode out their remaining days of production. I think all will be well from a production and allocation standpoint.
It will be interesting to follow how Fanatics will handle price points, distribution, and even the ecosystem at large. Will Fanatics enter the breaking space? How will a direct to consumer model will impact how we acquire cards? Can we see a return to price points that we saw years ago? All really interesting talking points that are worth digging into. Whatever the outcome, it is clear that Fanatics is concerned with how things roll out.
We change gears to close things out with the news that our current office building in Somerset, NJ has been sold! This means that we will be moving our operation in the next few months which will allow us to improve just about every area of the Just Collect and Vintage Breaks business. If you know any Commercial Real Estate Agents in NJ, drop us a line!
Host - Leighton Sheldon - https://www.instagram.com/leighton_sheldon/
Email - Leighton@JustCollect.com
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