Podchaser Logo
Home
Darren Rovell on the Trading Card Explosion

Darren Rovell on the Trading Card Explosion

Released Wednesday, 17th February 2021
Good episode? Give it some love!
Darren Rovell on the Trading Card Explosion

Darren Rovell on the Trading Card Explosion

Darren Rovell on the Trading Card Explosion

Darren Rovell on the Trading Card Explosion

Wednesday, 17th February 2021
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:03

Welcome everyone to the SI Media podcast.

0:05

I'm your host, Jimmy Trainer, Thanks so much for

0:07

listening. We have Darren Revel

0:10

on the podcast this week to talk about the big,

0:12

big explosion in the trading card

0:15

world and the breaks

0:17

with the boxes and I'm a novice. He

0:19

explains it. If you're not familiar

0:22

with what's going on, why cards just valued

0:25

so highly, how you go about getting

0:27

the card sold. Darren

0:29

explains it all, does a really good job with it. Um.

0:32

We also got into a little bit about Twitter

0:34

possibly offering a pay

0:36

service, and we talked about the Super

0:39

Bowl streaker who claims he

0:41

met fifty thousand and one three seventy five, which

0:43

we know is not true. So we

0:45

had all that coming up with Darren Vel.

0:48

If you missed it last week, Kevin Clark from

0:50

The Ringer was on. I've gotten tremendous feedback on that podcast.

0:53

If you're someone who's into the process of writing how

0:55

he comes up with the ideas for NFL stories,

0:57

transitioning from writing to podcasting, you

1:00

should really give that a listen. And then two weeks

1:02

ago we had Aaron Andrews and Kyle

1:04

Brandon together for a round table

1:07

and three weeks ago, Roman Reigns from the w

1:09

w bson So give those a listen if you missed any

1:11

of those, and subscribe

1:13

to the podcast if you are not already

1:15

a subscriber. All right, a lot of baseball

1:18

card, basketball cards, baseball cards everything.

1:20

Trading card talk with Dani Rovel

1:23

here from the Action Network right now on the

1:25

SIME Media podcast. All

1:28

right, joining me now, senior executive

1:31

producer for the Action Network and

1:33

of course a superstar on Twitter, Darren

1:35

Rovel, Darren, how are you, Jimmy,

1:37

how are you? I'm good? Thank

1:39

you, thank you for doing this. I

1:41

know the the trading card crazes

1:44

out of control, and I noticed that it has

1:46

taken over your Twitter accounts. I wanted to ask you

1:48

some questions about it as someone who collected

1:50

cards in high school and knows nothing about it now,

1:53

by the way, taking over my Twitter account

1:55

because we at the

1:57

Action Network see it as coverage

1:59

of gamling, which is so interesting,

2:01

right, That's what That's what That's

2:04

the part I want to try to

2:06

be before Yeah, before we get to the card stuff,

2:09

just a couple of things non card related,

2:12

since you do work

2:14

for the Action Network and gambling is a big

2:16

big part of your life. The

2:18

Super Bowl streaker who

2:21

so I guess the story goes now that he had

2:24

his friends place various

2:27

bets to get up to that fifty thousand total,

2:29

which I still don't believe. I don't

2:31

either. So basically, when the

2:34

original story came out, it

2:36

was through an Instagram post that

2:38

the streaker had met with someone

2:41

previously or someone saw him at a restaurant

2:43

and he had told him he had bet, and

2:45

then the streak happened. It turned out

2:47

to be the guy, same guy as the photo,

2:50

and then that apparently he

2:52

would have made three hundred seventy

2:55

five thousand or whatever on a fifty tho

2:57

dollar bet. Uh,

2:59

So I immediately shot that down

3:01

without having to call anyone. I mean, usually

3:04

the max bets on these things are five

3:06

dollars. Anything that could be affected and is

3:09

not on the field of play, I

3:11

mean, they do not take a lot of money. So

3:13

first of all, high,

3:16

it's high would be high.

3:18

But because of the coin flip and some other

3:20

things, and because the legal

3:23

sports, the illegal sports books, the

3:25

off shore books have actually upped their limits

3:27

on these things because now

3:29

legal books have the coin flip and

3:31

others, So it gives you a reason to go

3:33

to them, So I think it's changed a

3:35

little bit. That being said, you

3:38

could not possibly get

3:40

down this money. Literally,

3:42

if it was a bunch of friends at

3:45

five, they'd have to place the bet

3:47

at the exact same time, because

3:50

if any sports book got

3:52

this type of action on a streaker,

3:55

they would just pull pull it off because

3:58

it just would be strange. You don't get

4:00

on something that's plus seven fifty, you

4:02

don't get a bet like that. So I don't

4:05

believe it. But but listen, Bovada

4:07

to their credit, right, they want to take credit,

4:10

so they so they are really vague

4:12

about how they worded right they

4:14

said. They say, oh, you know it's it's

4:17

this clearly we're not gonna pay him this, and that

4:19

they don't mention that the bet size

4:22

is wrong because they want to get

4:24

all the tmzs and everyone else

4:26

to say Bovada. So they

4:30

actually played it right. But for me, I don't believe

4:32

it for a second. I don't believe there was even a bet

4:34

that got down. Yeah, I mean I would like, first

4:37

of all, the only you only need to ask Bovada one

4:39

question, what's the max bet on

4:41

that wager of will there be a streaker,

4:44

and then let's even let's say okay, you said, let's

4:46

let's say it the thousand, and he needs

4:48

fifty thousands

4:50

at the same time, Jimmy,

4:52

right, Like, don't think that these guys

4:55

don't have sophisticated systems, and especially

4:57

on Super Bowl props, I mean in

5:00

they pull it off the board. And I know

5:02

in a grand scheme of things, it's not important in

5:04

any way, shape or form. I mean the

5:06

you know, real life going on. But man,

5:08

the coverage of this irritates the hell out of me.

5:12

It's not real. You can't bet fifty dollars

5:14

on a prop bet like that. Well,

5:17

that's also one of the reasons why, like

5:19

I went to the Action Network, Like I'm at ESPN

5:21

and I'm like, oh my god, you know, there's

5:24

there's so much coverage of gambling, and

5:26

I'd like to bring some journalism to it.

5:28

I mean, you know, uh,

5:30

although I think it's very funny how

5:33

even large bets or weird

5:35

parlays that certainly I overly cover

5:37

because it gets a lot of hits. Okay, um

5:40

uh, but people

5:43

are like the sports books

5:45

just telling you that, and I'm like, no, I actually

5:47

do ask for the tickets. Uh.

5:50

And by the way, these legal sports

5:52

books are making up that someone won,

5:55

like you think they would do that while

5:57

they're getting regulated by the states. Like,

6:00

so it's it's it's uh, you know, I do

6:02

my best. Um.

6:05

I apologize to everyone listening to

6:07

this who's not from New York because I know people get annoyed

6:09

when I get New York heavy. But I mean the fact

6:11

that New York State does not have sports gambling is

6:13

one of the biggest jokes

6:16

I've ever seen. It makes sense, right,

6:18

like when Jersey has it and Jersey

6:20

is printing money right

6:22

basically basically a billion

6:25

dollars in December, six billion in

6:27

two thousand and twenty. Uh.

6:29

At first it was like, well, Cuomo

6:32

doesn't want it because it actually

6:34

although these casinos got grandfathered

6:37

in, uh that you'd actually

6:40

be you have to write something into the

6:42

constitution and make it mobile. Then it comes

6:44

out, no, you don't. You just have to put the servers at the casino.

6:46

So it's like the technical thing went out the window

6:49

right away. And then you have like these

6:51

geo comply people, which they're

6:54

the ones who are monitoring kind of when

6:56

people are checking in there, like x

6:58

percent is at the five mile

7:00

radius border between New York and New Jersey.

7:03

So you're like, Okay, here's the

7:05

evidence that they are literally taking

7:08

money from us. There's a Korean supermarket

7:10

in Fort Lee where people just park

7:13

after they come off the George Washington Bridge

7:15

and then they drive back. I mean, the

7:17

evidence is more than anecdotal. Do

7:20

you think is there an e t

7:22

A on New York getting it? Is their hope

7:25

it happens in the

7:27

process. Yeah, so

7:29

Cuomo mentioned it right Like before,

7:31

he wasn't even mentioning it or having any talks.

7:34

Now you hear because they're getting

7:36

the stimulus money and because the

7:38

original I think they're now sixteen

7:41

seventeen billion in the hole. Um,

7:43

you know, now he's mentioned it, so

7:46

things can happen relatively quickly

7:48

here. Uh, there are a couple

7:50

of skins which you know you can award

7:52

to to mobile gaming

7:55

companies. It could certainly happen in

7:59

once to change some narratives

8:02

and get some good publicity. Just legalize

8:04

it today and well and then he and then he does the then

8:06

he goes to the lottery system, which

8:08

is like the reason New Jersey is thriving

8:10

is because I have twenty three choices on mobile,

8:13

not because I have one um

8:15

and so that's also an issue. Yeah.

8:18

And then the last thing before we get to the car that I mentioned

8:20

Twitter at the top I saw

8:23

I guess last week. Is it official

8:25

or they just throwing the idea out of having

8:27

a subscripture. They're

8:30

they're they're floating it. But as you know, I've

8:32

been a proponent of the freemium

8:34

model for a long time. You know, like

8:37

the fact that you know, I'm

8:39

spending so much time on like tweet deck

8:41

and then it doesn't work on mobile. And you

8:43

know, five years ago I offered, Hey, I'll

8:45

spend a hundred dollars a month just help me get

8:47

better here. A hundred a month

8:49

is a bit extreme. Not for me,

8:52

No, not for you, Definitely not for you. Do

8:55

you think I'm saying most people, most people,

8:57

for a couple of good tools, would spend a dollar a

8:59

month. Oh absolutely, and so and

9:01

in a dollar a month when you when

9:03

you and I did this on medium, I figured

9:05

it out. When you figure out what people

9:08

would spend and it was just based on a Twitter

9:10

poll. You know, it's about five billion a

9:12

year that they could that they could make in kind

9:14

of just great products. What about companies. Here's

9:16

what I would pay for on Twitter, I would pay

9:19

for a service

9:22

where if

9:24

you are an anonymous

9:26

person, I don't know, maybe

9:29

you don't have a photo, maybe your user name is

9:31

you know, you

9:33

know I love cheese. Yeah, yeah, God loves cheese.

9:37

That you don't see any of those tweets or

9:39

responses. But like that, that's not a bit,

9:41

that's not a bite. That's what I would pay for it.

9:44

Get rid of the riff raft. All right,

9:46

let me get into this trading card boom

9:48

that's going on. Um uh

9:51

now, I'm I'm gonna ask you some very dumb questions

9:53

here because I know what's going

9:56

on, but I'm not paying attention

9:58

to it. So I so so I'm getting all these

10:00

d m s from people being like, all these

10:02

questions that you're about to ask me, I've

10:05

heard them, they're valid. Just

10:07

because you're not. More and more people are coming

10:09

into it. So I'm not gonna shoot it down

10:12

because I'm I'm ready to go because we

10:14

now have this podcast on YouTube and this will be a

10:16

horrible audio experience, but we're

10:18

on YouTube, so if you're watching, I was gonna just say

10:20

like, how much can I get for this? Right

10:22

now? Holding up right? So so sant graffhy jr.

10:26

Ken your card number one. Arguably

10:29

it's the most printed card of all time, is

10:32

it? Okay? I didn't know that. Yeah, because

10:35

Upper Deck comes out with the holograms. Uh,

10:37

there's rumors that that that was

10:39

turning into cash. So the people that Upper Deck just printed

10:42

sheets of those things they used to so

10:44

why but why were then were they so valuable back in

10:46

the day when they came out Because

10:49

we didn't have eBay to show that everyone had one.

10:51

It was all limited addition, right,

10:54

And all we knew is when we went to card

10:56

shows, a lot of people had them, but we thought that's

10:58

because they you know, we didn't know. We

11:00

were in the black hole anyway. If you have

11:03

that in a p S. A ten, it's

11:06

you know, hundreds and hundreds

11:08

of dollars. Okay that That was

11:10

one of my questions because I know, yes, a one

11:12

it's worth nothing. So like people have been showing

11:15

me cards and saying how much is this card worth? And

11:17

I say, well, if it's battered,

11:20

you know, then it might not be worth something.

11:22

I will tell you something right now. I'm gonna go get something

11:25

because this is this is worth the conversation.

11:27

Alright, I have this

11:31

is a podcast, but it's fine, Darren

11:33

got up to a podcasts

11:36

a podcast. But wait, I just want to ask you a quick question before

11:38

you show me anything. I just want to I just want to get some baseline

11:40

stuff. Here did

11:42

something now I knew? Okay, So

11:45

and what is your as? Great? He's holding up the king. This is just

11:47

in a PS. This is a Krifi Jr in a p

11:49

S A eight. Okay, So here's my question.

11:51

This was one of my questions. What's the

11:53

difference in price on a PS

11:56

ten and a p S eight On

11:58

that one? I would have to look it up. So the way

12:00

you look things up is you go to eBay

12:03

consummated prices, go to eBay

12:05

completed sales. Back in the day we look in

12:07

Beckett and Beckett would detray. Now

12:10

now a Tiger Woods

12:13

s I for kids in an EID out

12:15

of ten A card was

12:18

nine in December.

12:20

Today it's sold for two dollars.

12:24

So like you're you

12:26

are actually getting dynamic sales. But you have

12:28

to look at eBay completed sales. Me

12:31

I want to I want to rewind though I want to rewind

12:33

to the very beginning. Is there something

12:36

was there, something specific that

12:38

caused this current boom to happen?

12:41

I know me personally, I

12:43

started to notice it was getting crazy.

12:46

I don't mean that in a bed way big from

12:49

following former MLB picture, former Yankee

12:51

Phil Hughes, who's big in this he is

12:54

for a long time. That's when I thought

12:56

he was doing like this one off thing, and I was like,

12:58

why is he someone to card to to get it? And

13:01

then more and more people started to do it even

13:04

happened, Tell me why. Now, it's

13:06

very COVID specific. So

13:09

when when we went into COVID,

13:12

Okay, it was associated with the

13:14

Michael Jordan documentary on ESPN. But

13:17

but but when we went into COVID,

13:19

people started cleaning their houses.

13:22

Parents started cleaning their houses. So

13:25

there were fines, people were finding

13:28

things. That's one. Two,

13:31

it's Groundhog Day every single day.

13:34

Every day. You have to get

13:36

the dopamine and the adrenaline going.

13:38

You want to go back to your

13:41

past. You want to go back to a time

13:43

when you were happy. So we

13:45

are being overly nostalgic,

13:48

right, That's why it's not only cards,

13:50

but people including me, have gone into collecting

13:53

graded video games because

13:55

I smile when I see Mike

13:57

Tyson's punch Out. Um

14:00

wait wait, wait wait, So when you say

14:02

no, I just want to be clear. So when you say collecting video

14:05

games, you mean like the actual Nintendo

14:07

cartridge. I'm collecting

14:10

the box, the cartridge, the

14:12

manual, and it goes into a

14:14

plexiglass case and it's graded just like

14:16

cards. So I have the number one

14:19

sealed NBA jam in the world. It

14:21

was never opened. Uh, it

14:23

has a it's a nine point eight out of ten

14:25

and it is an A plus plus seal, which

14:28

is the quality of the seal. I

14:31

thought I'd come away from this conversation like maybe

14:33

being inspired to go through my stuff, but this just

14:35

all sounds like a huge pain. And they asked to me, I don't

14:37

know, maybe it's just me, but who whoever

14:40

had a video game that they thought was going to be collectible?

14:42

We were blowing into the cartridges. Yeah,

14:45

now I regret throwing out so much crap. All

14:47

you'd rather you'd rather have played

14:49

Mike Tyson's Punch Out fifty times that Mike

14:52

Tyson's punch Out sealed, though, is when

14:55

you say even that that's what are they grading,

14:57

whether the cartridge is damaged or the

15:00

the like, what is great at on a video

15:02

game? So it's you

15:05

have a nice little package. The

15:08

company is called WATA Games. It

15:11

grades it, so Mike Tyson

15:13

is eight eight oh out of ten. And

15:15

on the back it then tells you what

15:18

it got for the cartridge, what it got

15:20

for the manual, what it got for

15:22

the box. Um.

15:24

And you know, it stands up on your desk and

15:27

people think it's pretty cool. Okay. So, because

15:29

I'm old, let me ask you this is the

15:32

old stuff worth anything or is it new

15:35

stuff that because I know now about the old stuff

15:37

is worth plenty. In fact, you know, even

15:39

in p s A one, that's

15:42

the night Ricky Henderson, I would

15:45

get that grated if I were you, so thank

15:47

you in a ten in a ten

15:50

Ricky Henderson tops rookie. So for

15:52

a hundred and eighty thousand this week.

15:55

Okay, So I want to see your card

15:57

again, Jimmy, let me see your card again. Go

15:59

up. Does it have any creases in it?

16:02

I can't see. I don't think so okay,

16:04

now it is typically off

16:06

centered. You see how the there's a on

16:08

the top there's more white than on

16:10

the bottom. I think you could get

16:13

that's a pet. That's probably a p s A six.

16:16

So then you go to eBay and you look

16:18

up. You can't give me a seven on that. If

16:22

you get a p s A six, Ricky Anderson,

16:25

I'll get it for you. But now here's the other problem.

16:28

You gotta get it to p s A and

16:30

it's gonna cost you a lot of

16:32

money. So that's so that's a p s

16:34

A six is two is

16:36

listed right now at around two. Okay,

16:39

but I want to go back. You're going way too fast.

16:42

You said I should get that graded. What would be

16:44

my process for getting that graded? You

16:46

go to p s A card dot com. You

16:49

know you can't go to a store and in person place

16:52

right now. P s A the number one greater

16:55

has a UM backlog

16:58

of about six and a half million cards.

17:02

If you do the rush service, which is

17:04

fifty dollars, you could probably

17:06

get it back in two to three weeks. Okay.

17:09

So I didn't have to post it on eBay.

17:11

And that's the process. Okay. So the so

17:14

go to the p s A website, send them

17:17

sign up, go for the rush process,

17:19

send them fifty bucks. I mailed them

17:21

the card. Yes, you

17:23

do, and then people are sending

17:26

fifty a hundred, five hundred a

17:28

million dollars worth of cards to them. And

17:30

then they

17:34

how do you get your grade? Do they email you? Do? They

17:36

tell you when you get the grade before they

17:38

send it back the day they grade it, they tell

17:40

you what it graded at, and then they send you

17:43

the card back. Yes. Then you put the

17:45

card on eBay, Yes, and you and

17:47

you can say it was verified

17:49

as a P so it tells

17:51

on on the case it don't you know what

17:54

it's graded. And and this is really

17:56

as eBay was coming up.

17:58

It was difficult because there was nothing that

18:01

went from the card show where it's like trust

18:03

me, this is a good card to the mass

18:05

selling and trust me, no one's trusting

18:07

anyone. So eBay kind of helped

18:09

along the grading, which then

18:11

standardized the whole business. Alright, couple

18:14

of questions on this, um,

18:17

wait, hold on, there's huge variance between

18:19

a one and a ten. Right, So like someone

18:21

says, I have a Michael Jordan Rookie, okay, in

18:23

a one right now, it's four thousand

18:26

dollars. In a ten right now, it's

18:28

six d fifty okay,

18:31

but let me okay. So if that

18:33

person has it as a ten, they

18:35

put it on eBay for six, and

18:38

someone like, right

18:40

now, they can put it on eBay for five

18:42

d it will get the market has said

18:44

it's worth about six. Okay,

18:46

but a couple of so a couple of more questions. Do

18:51

people buy cards that

18:54

are not graded? Um,

18:58

they like, would you like? Let like, would you

19:01

I showed you this rickey Henderson, would you would

19:04

whatever? Would a situation never cover you? Like? You know, Jimmy,

19:06

that looks like a PS six. You know, I'll buy it from

19:08

you for a hundred bucks. Dealers

19:10

do that. So dealers will off

19:12

and say, hey, I could get my card into

19:15

p S A faster because I have a bulk. But

19:17

here's what's this is what you have to consider.

19:20

If you put that on, if you do the whole process,

19:23

and a month later you get your two hundred fifty

19:25

bucks because you went through it, you went to

19:27

eBay, you did the holding dinner, two or

19:29

fifty bucks. I'll tell you right now, a

19:31

dealer would say, Jimmy, that's probably a p

19:33

S A six. I'll give you fifty now, So

19:37

you're gonna take for the you're gonna take it off

19:39

for the raw. You're gonna take a loss for the

19:41

speed of the sale and not getting it

19:43

would by the way, some people find six

19:46

Michael Jordan eight six leers and they're like, listen,

19:48

this is newfound money. I had no idea I

19:50

had this. I don't want to go through the hassle.

19:53

Uh Like, I don't want to

19:55

do the eBay thing. If you're gonna get me

19:57

thirty thousand dollars cash, fifty dollars

19:59

cash, just me the cash, I'm gonna forget

20:01

about it. I'm not gonna think about because

20:03

there is something to be said with what

20:06

what happened? What happens if you know things

20:08

fall quickly, right. So

20:11

so there's a lot of people who are taking money off the table,

20:13

but you can't really sell raw on eBay,

20:15

um any anything of real value.

20:18

Tell me a little bit about this p s a

20:21

company or like, is it is there a building?

20:23

Is there an office way they do this? Is it all over the

20:25

country? Is at one place that sounds like

20:27

it's in California? They just got sold

20:30

to METS owner Stevie

20:32

Cohen and a couple other

20:35

people, including Nat Turner, who's an

20:37

entrepreneur and a huge collector,

20:39

probably p s A's best customer for eight

20:41

hundred fifty million dollars company.

20:45

Uh. They grade coins, they

20:47

grade cards. Um.

20:50

When you send it to them, you're

20:52

sending it to a FedEx uh

20:55

warehouse and they have their

20:57

own area in this fed X warehouse

20:59

with their own security guards and

21:02

it just comes through writing out. The

21:04

customer service is horrendous. They

21:06

grade tickets too. And I'm a huge ticket

21:08

collector and I've been waiting for

21:10

four months on my tickets. So

21:12

you sent them concerts. What concerts

21:15

are? Ball games? Ball games? All right? So

21:17

you send them tickets from let's say a World

21:19

Series game, and you're waiting four months to get

21:21

it back from them, even though I paid for the rush

21:23

service. And now

21:27

so this is the problem. The backlog

21:29

is maybe one to two years on the economy.

21:32

So there's an economy service, right,

21:34

like ten bucks of card. And that's

21:36

like when you just don't care when you're getting it back

21:39

right now, I'm told that's that's

21:41

a year and a half to wait for your car. You

21:43

can't get any special treatment since you're down rebolt.

21:45

No, actually, I actually it's one of these things where I actually

21:47

can all right now. Tell me. At at at

21:49

the trade shows, they used to grade

21:52

on the spot and there were these huge

21:54

lines and people holding stack of cards

21:57

and that once that line started, Uh,

22:00

at these trade shows, it would just go around like

22:02

security guards because people would

22:04

get a p S A eight and would want a p

22:06

S A nine or ten. And people

22:09

would actually go ape in front

22:11

of you know them, trying trying

22:14

to convince that, oh my god, I just lost that thousand

22:16

dollars from your grading. Yeah. I mean, listen, I'm

22:18

not I'm not a business person in any way, shape

22:20

or form. But it seems like if you put like a store on the mall

22:22

where if someone could grade your cards, they would

22:25

be doing some big business. But so that's the only

22:27

thing they do on site grading at the big

22:29

shows, and obviously they're having't big been

22:31

big shows, but it but it for

22:34

for for me, you know, I can't have my

22:36

tickets out. Once they slab the

22:38

ticket and call it authentic,

22:40

it allows me to it. It's just

22:43

it's just the ticket becomes a card

22:45

essentially, So so I do it for just

22:47

the slabbing process. Let

22:49

me ask you a stupid question, are you are you paranoid at

22:51

all that maybe you're not going to get some of your stuff back that you

22:53

send out. No, I am

22:55

parent, I am parents. You know. So the

22:58

last group of tickets I sent was worth about

23:00

thirty to fifty and I am paranoid.

23:02

I need to make

23:04

sure that it gets there and they have it. Once

23:07

they have it, it's in. I'm fine with

23:09

the FedEx and all that. Yes, um,

23:12

FedEx only offers

23:15

insurance on collectibles, which must change.

23:18

All right, now, tell me about this whole business with the

23:20

brakes. So

23:23

there's very right. So so basically,

23:25

uh, boxes of cards have been

23:27

hard to get, and that's because that's

23:30

because of bots. Right, people have

23:32

bots that take them up and buy them. People

23:35

wait at Target in Walmart where that

23:38

used to be like an area where like kids

23:40

could get them. No longer. People

23:42

find out from a manager that they're coming in

23:44

at X time and the line of the Targets

23:47

and Walmarts and they just know. But is

23:49

this for like any kind of trading

23:51

cards or they're like mostly

23:53

NBA, mostly NBA, Panini

23:55

cards, Mosai a prism.

23:58

NBA is kind of taken over as the hot

24:00

card, which is hilarious because what's

24:02

So funny about the eighty six Flear card

24:05

is that you know, we

24:07

had a choice in six to buy eighty

24:10

six baseball or eighty six Flear basketball,

24:12

right, they were both fifty cents. I

24:15

did not, but I was a huge Jordan fan.

24:17

I was. I was a huge

24:20

NBA fan, but the

24:22

NBA cards were seen as illegitimate. It was all

24:24

baseball. We left those cards.

24:26

I didn't open one pack of eight c So

24:28

it's hilarious that those boxes

24:31

that people return for six dollars

24:34

are going for two five thousand.

24:36

Now is anything? Oh,

24:39

that card's going nuts right now, Jimmy,

24:43

that cards going nuts? What

24:45

should do that that card is

24:47

going nuts? Deck?

24:53

Jordan's taking batting practice in

24:55

the old Chicago Sea one just so

24:57

for thirty seven hundred p s A ten

25:01

But so you so, But

25:04

you have to make a lot of money on this for it to

25:06

be like if you're gonna keep something out cards for

25:08

fifty dollars of pop to get great jem

25:11

Minten, right now, yes,

25:14

you do. You do have to send out now.

25:16

The other thing is, uh, you

25:19

can buy so I bought

25:21

if if you identify some

25:23

sort of system or something that's interesting,

25:25

like a card. That's interesting, So I

25:28

I My my big find of COVID

25:30

was the Rock card Bumblebee

25:35

Tuna card? Did you know that was out? Like? Did

25:37

you go on a mission? Never knew

25:39

it existed? Started with a search

25:41

of does the Rock have any sports

25:43

cards? He was cut from the CFL.

25:46

They never made CFL cards, so it was

25:48

just this Miami card that came on

25:50

a sheet, twenty thousand of them, and I'm thinking

25:52

to myself how many could be left because it

25:54

was six years before he was anything and wrestling

25:57

as you know. So uh,

25:59

and I bought a nine for seven hundred

26:01

eighty bucks and uh I got rid

26:03

of it. How much did you spend for it? Seven

26:06

d eighty which is still like that's not

26:08

like a throwaway amount of money something

26:11

that's like, you know, for

26:13

for a p S A nine. And uh,

26:16

it's up on eBay right now. I put it up last

26:18

night and we're up to eleven

26:21

thousand right now. It's gonna be eight

26:23

and it's up to it will sell for about

26:26

thirty thousand. Really,

26:29

and you paid seven eighty for it? How did you acquire

26:31

it on eBay? Just brought it on eBay? Graded

26:34

I bought I've bought all that was So was

26:36

the person who sold that to you for seven dollars

26:38

a schmuck or no, that's what it

26:40

was worth at the time. So you mean from

26:42

the time when did you buy this card then NY

26:45

nine? Okay, So from June to

26:47

now February, the value of the card

26:49

went from seven eight to eleven thousand or

26:52

whatever you said. Would you say, no, no, no no, the value

26:55

went from so so a p s at

26:57

ten on June twenty nine I could

26:59

have bought for eleven hundred bucks and one

27:02

sold privately for seventy one

27:04

thousand last night. So

27:08

went from but you paid seven eight for yours,

27:10

correct, and now it's seventy No,

27:13

the nine will sell ford.

27:16

So it went from the car because there's only

27:18

a hundred of them, Jimmy, so if you want

27:20

them. So what

27:23

I'm saying is the person who sold it to you must want to

27:25

jump in front of a moving Sure, they've done some

27:27

other things. I mean, you know there's guys

27:29

who cashed out on this rock card at twelve

27:31

thousand at some point, Like for

27:34

me, it's like should I continue to ride

27:36

the wave? Is it going to continue to go up? Or do

27:38

I take my profits. Someone said to me last

27:40

night after I was putting in the Rock card, You're gonna

27:42

regret it when it hits a hundred, And I'm like, okay,

27:45

why don't you buy it then? Right? Like when

27:48

anyone, any time, anyone says it's

27:50

only gonna go up, that's a horrible phrase

27:52

to use. So what

27:56

was Mike? I had a question? Um,

27:59

so is the value? You gotta hear this p s

28:01

A as population reports. Okay, So,

28:03

so once they grade something, they tell they

28:06

put it into the system what they graded, so

28:08

that we know on the Rock card there's

28:11

only thirty ten or twenty

28:13

tens and thirty nine. People

28:16

base their judgment on how they

28:18

want to invest in a card based on what

28:20

the population is, right,

28:23

So like if there's ten thousand Luca

28:25

donte, you know a lot of these new

28:27

cards get tens all the time. Obviously

28:30

it's coming fresh out of a pack. That's

28:32

why I don't invest in modern right.

28:35

So, but the value of all this stuff is

28:37

really just determined by what people anybay will

28:39

pay for it. Yes, okay, so

28:42

I'm glad you mentioned the Luca don check and the

28:44

current stuff. I want to because I know you gotta

28:46

go, and I want to just wrap it up with the with the what's

28:49

it called unboxing, what it's called breaks?

28:53

Um, so

28:56

so fascinated not just by the break,

28:58

but now how this has become a media thing

29:00

that people have YouTube channels with the brakes

29:02

and all that. It's gambling.

29:04

It's gambling in front of your eyes. That's

29:06

what they're showing you. They're showing you. Like.

29:09

So, for example, there's a set

29:11

called National Treasures. I believe

29:13

a National Treasures box has twenty cards

29:15

in it. Um you can

29:18

buy a team based

29:20

on what player you want to get. Zion

29:23

is the most popular, so you could buy

29:25

the Pelicans for five thousand dollars.

29:28

If if in the twenty cards

29:31

there is not a Pelicans player, you

29:34

get zero. So

29:38

basically, someone will buy this box,

29:40

get on YouTube, whatever, Instagram, on a

29:42

lot, a lot whatever it is, and

29:44

start opening the box and people will watch this

29:47

person open the box rooting for

29:49

this guy or girl to get a

29:51

Zion Williamson card and

29:53

then they scream and go oh,

29:55

oh my god. And then he

29:57

gets the Zion Williamson card and then has to send

30:00

it to p s A, get it graded and

30:02

then put it on anyway, that's the well, well,

30:04

well he could either he could either

30:06

get it graded or he could send it to he'd

30:08

likely sending into the person who will then get

30:10

it graded. Now there are the person

30:13

who won, right like, because sometimes they

30:15

they're having you buy into the break. So

30:18

it's either this guy's breaking for himself

30:20

or you can buy into the break. That

30:23

well you again, you

30:26

buy the Pelicans or you But there's

30:28

a company called Vintage Breaks. Okay,

30:30

and uh, they'll allow you for a

30:32

hundred bucks, you could get into a six

30:36

or two h bucks you can get set

30:38

break. So they randomize

30:41

the order. You pay two hund bucks for one slot,

30:43

one card. They randomize the order seven

30:45

times, right one seven okay,

30:48

whoever gets card number fifty seven just got

30:50

the Jordans, and

30:52

the other people are all shut out completely. No there

30:55

you get the Elijah on the Barkley, no,

30:58

the Isaiah, but shut out on the Jordan. But

31:00

they're shut out in Jordan. But the guy who spent

31:02

two hundred dollars. And usually

31:04

what they do is they guarantee what the Jordan is,

31:06

so normally will grade the Jordan ahead of time.

31:08

So one time I saw a guy

31:11

spent two hundred dollars for a slot. He

31:13

got the Jordan's It was a P S A eight

31:15

Jordan's and on the spot they offered

31:17

him forty dollars. Who's they

31:20

vintage breaks? The company Breaking company

31:22

says, we will buy this card for you right

31:25

from you, right now, for forty which

31:27

is a you know, damn. And then and the other people who

31:29

spent the two hundreds to get in a slot, they

31:32

get their card and there's about eight

31:34

to ten people who still make their

31:36

money. Do you do this, Barkley? Huh?

31:38

Do you do this? Like? Do you buy into breaks?

31:41

No? But I've I've I've done some breaks

31:43

like I've I've I've opened for you.

31:46

See, I wouldn't want to do it with other people. Yeah,

31:49

I I it's it's exciting. But this

31:52

is why I'm tasked to cover

31:54

this and all the other things, because it is

31:56

so connected to gambling

31:59

and there's a lot of money involved. Do you

32:01

see this now? Do you see this getting bigger

32:03

and bigger or do you think you know, let's say,

32:05

maybe September rolls around and most of the country's

32:08

vaccinated and it doesn't die down a

32:10

little bit. What do you that so that that's the question

32:12

for any investor of any business.

32:14

Are we going to start to see these ghost kitchens

32:17

where people are just ordering from these ghosts

32:19

kitchens and wings and have our lives

32:22

been changed from a year and a half of doing

32:24

this, Or when we go back, are

32:26

we going to totally rebel and go to

32:28

bars and go out to dinner every night and

32:31

go the other way? Right, there's

32:33

definitely something to be said for the reason

32:35

why we're on eBay so much, just because we're sitting

32:38

in front of our computers and we don't have human

32:40

interaction, and this is our way to

32:42

have interaction. Now there's one

32:45

some people will say this is an alternative asset

32:47

class for the first time that as

32:50

money gets more inflationary due

32:53

to the third stimulus check and

32:55

we're just handing out money like we never have, never

32:58

have that. Putting money

33:00

into cards is like a side

33:02

or memorabilia is like a sideways

33:05

way to uh to to

33:07

to de risk uh your

33:10

cash because and anything can this can

33:12

it be chucked up at all? Just something as

33:14

basically as like the popularity

33:16

in cars is cyclical because like when I

33:18

know, never, it's never

33:20

it's never been that, it's never been this crazy

33:23

because the money has never been this crazy. The

33:25

percentage return has never been this crazy.

33:27

Yes, and and it's and and having

33:29

been with you at you

33:31

know, the holiday, I probably was

33:34

at the same holiday and in the

33:36

East Meadow that you you know, the

33:38

big show is the NASA Colisseum. That was

33:40

like that was the super Bowl, the

33:42

super Nasa. The NASA Colisseum had

33:45

one every weekend. I was

33:47

at a mid valley a hotel

33:49

lobby. I mean it was people were

33:51

trampling. There's a great

33:54

show. What what we what were those things

33:56

called the um

33:58

ship not the Elks lie? What does it call

34:01

the the uh the Knights

34:03

of Columbus. Knights of Columbus.

34:06

Yes, always got good

34:08

deals with them, because

34:10

so I, you know, so for my whole life. We

34:12

know, once I got out of high school in college and then I you

34:14

know, came in sort of an adult, I

34:16

would always think to myself, I can't believe I wasted

34:19

all that money, because there

34:21

was a point where I, like these cars, you wicked

34:23

all that time because I didn't stop collecting,

34:25

and now I'm really enjoying. So

34:29

based on a couple of things you saw here, I can

34:31

make a little bit of money. Probably you can't.

34:33

You should probably get going, okay,

34:36

but I gotta send this all out to get graded. Someone

34:39

needs to invent a graded store. I want to just

34:42

go to a store and get it, like the best buy man,

34:44

like do it, Like just let me walk into a store and

34:46

getting graded. I'll pay and after

34:48

Stevie Cohen, you know, bought some of this, imagine

34:51

get you know, I pay for Obviously I'm a Mits

34:53

Mets fan too, so I mean I

34:55

know you're a Yankee fan, but I would pay

34:57

for a Mets ticket, you know,

35:00

and uh, imagine

35:02

if you could grade it at the game, that would be something

35:04

else. I threw out all my tickets. I

35:07

mean I was at that. I was at that that that that

35:09

that that's the tragedy. That's the next tragedy

35:11

because the next thing coming as tickets. I mean

35:13

I was at the Mets Braves game, first

35:16

game back in after nine. A lot of

35:19

yeah, I have about I bought that

35:21

ticket for five Jimmy, I

35:24

threw it right in the garbage. Who

35:27

Yeah, I'm very anti hoarder. I try to keep

35:29

when you when when you when you when

35:31

you walked out of the game and people go Hey, can I

35:33

have your ticket? You're like laughing at that guy. Now

35:35

that guy is the guy who's doing

35:38

the snow Angels in cash pretty much

35:40

pretty much. Yeah, I don't have a good history

35:42

with the cards, although now I'm very excited about saying

35:45

maybe I'll send this out to get great at this Jordan thing.

35:48

Actually yeah,

35:51

there you go, just for ships and gles. We'll see

35:53

what happens. All right. Well, I appreciate this lesson

35:55

because if you're on Twitter, um,

35:57

and you're you know, if you have friends who are sports fans,

36:00

I mean I know friends who are into this big now, so

36:02

like my stuff is now this

36:04

it just is I mean, you know, yeah,

36:07

it's funny because I you know, I had you booked

36:09

yesterday. But this morning on how It's Sterns show,

36:11

they spent like a half an hour talking about this. They got a couple

36:13

of guys who are yeah god

36:16

j D, j D HARMEI are big into the Brakes

36:19

j D. So um,

36:22

so I was you know, I had booked you before then

36:24

because it happened this morning. I had asked

36:26

you to come on yesterday. So I do feel

36:28

like this is just gonna get bigger and bigger here for a while

36:30

at least. Yeah, Um,

36:33

what is there one card you don't have that you want?

36:35

Not from money, you know, not like the Jordan

36:37

Rookie, but is there something? I mean, my, my,

36:40

my, my investments. I'm only five percent

36:42

in cards lockily. Um,

36:44

I I collect tickets, checks,

36:47

Black History, and Tech.

36:50

Those are my end video games. So

36:54

I'm looking for I'm not I'm

36:56

really not looking for another card. I I want

36:58

to go to the next level. I

37:00

want to get, you know, something that that

37:02

people want tomorrow, not today,

37:05

you know. So the ticket types are valuable because

37:07

there's a limited amount, Like at that met game that was

37:09

probably forty tickets, So that's that's

37:11

what makes it valuable. Well there's forty five tickets

37:13

and then forty four thousand, eight

37:16

hundred through them out immediately or

37:18

lost them. So yes, there's a

37:20

unlike cards where it's like this card

37:22

is one out of fifty, there's a artificial

37:25

there. That's an artificial scarcity.

37:27

It's a real scarcity when

37:29

you think about tickets. So I have the

37:32

tickets to their Notre Dame Rudy game. There's

37:34

like fifteen of them.

37:37

So that's why because in my head I'm thinking, like what

37:39

else could become popular

37:41

as a collectible or like, you know, why aren't like,

37:43

you know, VCR tapes from the eighty You

37:46

know VCR. They are VCR tapes

37:48

from the eighties. You gotta make sure they're sealed.

37:50

I have. I have about twenty in my closet right now. So

37:52

like if you have, like a VCR tape of

37:54

Eddie Murphy Delirious, for instance, the

37:56

greatest, the single greatest stand up that's ever

37:59

taken place in the history of comedy. You

38:01

know, I didn't have these. I bought these. This is

38:03

whole Hogan's first highlight tape. It's sealed,

38:06

you know, instead of buying if it was open,

38:08

it wouldn't be worth anything, correct, Instead

38:11

of instead of buying his rookie card, I

38:13

decided I was going to buy the

38:16

seal. I think sealed stuff, an

38:18

original first of Ferrest, beautieble

38:22

go to be sealed. So so we're we'll

38:24

we'll get I I have I

38:26

have. You know, sealed is the next

38:28

thing, right So like a sealed iPhone,

38:30

A sealed iPhone one is now twenty dollars

38:32

if you could afford that right now, I would

38:35

afford that all I would buy that all day

38:37

long. Now, the problem

38:39

is they're ceiling fraud, right

38:42

Is it a fake seal? Is it not? And there's

38:44

not a grading company that's really good yet

38:47

on ceiling So I'm

38:50

not I'm not. I'm not saying this

38:52

in a judgmental a because I think if people

38:54

want to do this, that's great. It sounds

38:56

fun and exciting, but it takes over my

38:58

life. This is a screwed up world. People

39:00

are just into weird things. It's

39:02

just I don't know if it's we I mean,

39:04

I I collect weird. I mean my check collection

39:07

is just beyond weird. What do you mean check like

39:09

written checks? Yeah?

39:11

Wrong? Let me let me hold on. I

39:14

don't even I don't even know if I want to see. I want

39:16

to see this. This is not even this is just for you. Let

39:18

me just give you one second. I need this can't be just

39:20

from me with taping a podcast, So for everybody,

39:22

hold on, hold on second, my audience,

39:25

I need to see. I need to see if we

39:27

have a conflict at the time, Are you available at

39:29

four thirty? Okay? Hold on Aarren doing

39:31

his scheduling, well he yes, okay,

39:34

the SI Media podcast. So so

39:36

on checks. I collect checks

39:38

with stories. So what

39:41

I do is h this

39:44

is not only a John F. Kennedy

39:47

check, It's a check of him subscribing

39:49

to the Washington Post four months

39:51

before. What's the amount? I can't see

39:55

the sense? That is so

39:57

so for the people who aren't watching on YouTube. He's got a check

40:00

first National Bank of

40:03

New York from John F. Kennedy Jr.

40:05

Whether JFK j K for

40:08

eleven dollars signing up? And

40:11

that the why of nineteen fifty

40:13

nine, so essentially six months

40:16

before he became president? So what did

40:18

you pay for? That? Is New York Times? But

40:20

John F. Kennedy did read the Washington

40:22

Post? What what did you pay for that? What is it

40:24

worth? I paid seven

40:27

thousand and I think it's probably worth about twelve

40:29

to thirteen. Now

40:32

what about that? Do you have to send that to get graded?

40:34

It is? It is indeed graded by P s

40:37

A. It says that it is even checks. This

40:41

what I need to go research. I

40:43

gotta go read up in this P. S A company. That's

40:45

what I'm fascinated by. I think more than any you're

40:47

a Yankee fan. I will have a check right

40:49

now that will blow you

40:53

away, Derek.

40:56

I'll let you figure it out, because you got to look

40:58

at all the elements of it. Hang on, because

41:00

I'm blind as a bat. Here, Reggie Jackson

41:04

looks like eleven one tho that

41:09

I can't uh that I can't say.

41:11

Okay, let me let me read it to you, Reggie

41:14

Jackson. It's his earned

41:16

income business account twenty

41:18

two Yankee Hill, Oakland,

41:21

California, pay

41:24

to the Order of the New York Yankees, one

41:26

thousand. He

41:29

notes that these are

41:31

business Memo

41:33

World Series tickets and

41:36

he wrote this check

41:38

nine days before he became Mr October,

41:44

So you know that kind of thing.

41:46

So I even have I even have evidence

41:48

of Larry David committing a federal crime.

41:51

Um. You know, I would have liked to have heard

41:54

that story way more than the Reggie Jackson to j

41:56

Leno, j Leno, Jay Leno paying

41:59

Larry char comedy material. I

42:01

got it. Yeah, ten dollars for jokes

42:03

his second year as a comic. Okay, that's

42:06

Larry Charles is, yes, you do.

42:08

The audience doesn't know,

42:11

Okay. Larry Charles was

42:13

like starving artist roommates

42:16

or friends with Larry David. They worked on Fridays.

42:19

In the early eighties. Anyway

42:22

to Larry Charles, you turn the check

42:24

on the back who signed it, Larry

42:26

David right, which is a federal crime.

42:29

You cannot endorse a check written out for someone else. So

42:31

you can imagine this is a curb episode where

42:33

Larry Larry. Larry's like, you

42:36

only ten dollars. My name is Larry,

42:38

your name's Larry. I'll go to the bank. They won't even know I

42:40

know the telense. He's don't you want to you know? And they do the

42:42

whole thing, and then JB. Smooth is like, yeah, Larry, I've

42:44

done that, And then Jeff Carlin comes in and be like, Larry,

42:46

you can't do that. You can't go to a bank.

42:49

That is definitely definitely an

42:51

episode there for sure. Yeah. So like again,

42:54

I have a hundred of these, They're all crazy.

42:57

I have Denzel Washington paying for

42:59

his lates courtside seeds. I

43:01

have now and then again a stupid

43:04

question. This is all bought and sold on eBay. Everything

43:06

is eBay eBay auctions. You

43:09

might like this. You're you, you

43:12

Marlon Brando getting paid for guys

43:14

and dolls

43:17

that the week that's dude

43:20

paid And then my final one for

43:22

you also a Yankee

43:24

thing. So someone found out that I was

43:26

collecting all these and the

43:29

guy goes, do you need any Babe Ruth, And I go, yeah,

43:31

yeah, yeah, so so I need this is what I need

43:33

for Babe Ruth. He's either

43:35

got to be paying a prostitute, drinking

43:38

too much or eating too much, right,

43:40

like, those are the three things that Babe Ruth

43:42

does. Right, So the guy came

43:45

through. It's a beautiful George

43:47

Herman Ruth. It's

43:51

the to the Park Circle liquor

43:53

Shops, which, by the way, is actually

43:55

the last time I was in New York City is still

43:58

on thirty eight and Madison, okay, um

44:02

a liquor store, and that year is a hefty,

44:05

hefty it's a four thousand

44:07

dollar liquor purchase. Now he we

44:10

know that he and uh Wally

44:12

Pip were roommates and they used to drink a bottle

44:14

of Oka every night. You know, but man,

44:17

that is a number. So anyway, I

44:19

got these. They're amazing. I love telling the

44:21

stories. Um, and it's

44:23

not only you know, so like I'm I'm I'm

44:25

totally beyond uh

44:28

you know cards right, Well,

44:30

I I appreciate you giving me the card lowdown

44:32

because that one what is that? I

44:35

can't see it, Martin

44:37

Luther King. I'm

44:40

blind, Martin Luther King. It looks like this

44:42

is a nineteen sixty three unite.

44:44

The guy was sitting next to him on a plane and

44:47

he was going from Philadelphia to

44:49

Atlanta, and he had Martin Luther

44:51

King sims very cool. All

44:53

right, well, I appreciate you giving me a little I mean, I understand

44:56

it a little better. I'm not thrilled

44:58

with some of the information. We

45:01

need a p s A store. That's my takeaway

45:03

from this podcast. We need p s A stores.

45:06

This mailing it away waiting for what I think.

45:08

I think the new ownership is gonna do

45:10

that, I really do. I think

45:12

the lines there will be worse than the d m V

45:15

it's I'd prefer that though then shipping,

45:18

although especially if you're yeah, but

45:20

then you're gonna hold a hundred someone's gonna hold on.

45:22

Hey, I'm holding a hundred thousand dollars. That would be a

45:24

hell of a place to rob too, you

45:27

know. So listen, casinos don't get robbed,

45:29

and p s A places can't get robbed. You

45:32

need security, That's all, all right, Darren,

45:34

thanks for thanks for educating

45:36

me and I appreciate it, and uh get

45:38

going. Good luck on eBay.

45:41

You got it all right, take care

45:44

alright. That wraps up this edition of the SI

45:46

Media podcast. Thanks for listening. My thanks to Darren

45:48

Rovel for explaining the crazy, crazy

45:50

world of trading cards and what's going on with

45:52

it. Hopefully some of you got educated

45:54

like I did. Um interesting

45:56

stuff I have to say, Like I

45:58

made a good point if you're a gamble or you could see where

46:00

it appeals to people. And I'm sure there are some

46:02

gamblers listening to this. Before

46:04

I let you go, just a reminder. Last week

46:06

on the podcast, Kevin Clark from The Ringer

46:09

he was great. Two weeks ago, Aaron

46:11

Andrews and Kyle Brandt for a roundtable. Three weeks

46:13

ago, Roman Reigns from the w w E. So if

46:15

you miss any of those, check those out in the archives and

46:17

subscribe to the Simedia podcast. Again,

46:20

thanks for listening, appreciate it, take care, We'll

46:22

see you next week and be safe,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features