HOW THE HELL DO PEOPLE AFFORD THESE CARDS!?! People are loosing their ASSES on cards they paid a premium price for Trevor Lawrence, Anthony Richardson, Bryce Young, etc. When will people learn? Great video Dan!
I think you’ve touched on something here. Maybe the person behind all this was severely upside down on modern players. Desperate people do desperate things. It’s gross.
Having worked in an auction house back around 20 years ago they employ shill bidders to run prices up. Heritage was already caught doing that for graded video games. You run up the price in auction A, which is bought but not paid for by a shill, then another appears in auction B and the expectation is for genuine buyers to run the price up based on the previous realised price on the fake earlier sale.
Did you notice the 1971 Topps Pete Rose sold for $30,000 at this auction PSA9. The same card in a PSA 9 sold the same day on ebay for $710. Definitely something is off with this.
It is inexplicable. $1,500 vs $18K. Same card similar grade…. A patch ain’t worth +$15K and it isn’t jersey number or anything…. Def smells of something…
I got out of cards and got into coins. I'm convinced that high end collectors believe eBay is trash. I've seen countless coin auctions end at prices 4x, 5x, even 10x+ higher than buy it now listings on eBay. It's happened too many times to think otherwise.
Same old song “ you can sheer a sheep a hundred times but skin him only once.” Well that used to be how it went…now so many people are standing in line again and again to get fleeced.
High end collecting and auctions are legal money laundering and show off events. It's a part of the downfall of any hobby. In time the mkney dries up and the fan base moves on.
I would like to hear the person’s reasoning who bid $18K for this and otter cards because there is no reason. There is no way someone mindlessly bids $18K on a card without doing any research. There are very few Stockton collectors out there, which is why this card should be worth $1,500 at best. Has to be fraud and poorly executed fraud at that.
Everything that goes through an auction house can be traced back to a buyer or seller.. you'd have to be an absolute Muppet to launder through an auction house.. it's like leaving a bread crumb trail for the authorities to follow the money. I'm not saying it didn't happen but you'd have to be the dumbest person on the planet to do it through an auction house.
@@WrongThink_ doesn’t everything leave breadcrumbs nowadays? Don’t get me wrong, I get your point but sales of ridiculously priced trading cards are a massive target for nefarious shenanigans at present and there’s an extreme lack of governance in this space. There’s online casinos and lotteries essentially operating outside of any rules in broad daylight. It’s the wild west.
Appreciate the shoutout! 🙌 It’s crazy to me that a card can sell for 12x more than a similar copy sitting on eBay and you have guys trying to justify it like that’s normal. Given they own these cards, and I’d imagine are fairly familiar with prices, they should be the first to tell people something seems off. Not just out there pumping the set.
I'm convinced that it is money laundering or there is something nefarious. Like you buy from certain people, it gives you access to something you normally wouldn't have access to. I have posted MULTIPLE exact same items at buy now, for half the price an auction ended at, and no one buys it. Card with 40 bids sells for $100. I put the same card up for $50 and no one buys it? You would think the loser of the auction would look for that same card somewhere else???
You'd have to be really dumb to launder through an auction house... Most states require auction houses to be licensed and keep strict records on what is sold / purchased.. it's not just as easy as walking through the door paying cash, getting a generic receipt and calling it a day. In my state when you go to an action they copy your license and your bidding number for that day is tied to you. The only way i see around that would be if the auction house is in on the deal and i highly doubt heritage is going to risk their reputation and business over a few cards that sold for 18K...
Overprice cards that card companies produce. Auctions grading card companies sunshine pumpers TH-camrs and people hyping up cards on E-Bay ruin the card hobby.
I know it’s not as drastic, but you can see this same thing play out daily on Whatnot. People get into a bidding war over a card they can buy on eBay for five dollars, and end up paying 50 to 75 for it.
You're saying it's no coincidence that all those cards had a final bid of $18,600? So cynical, Dan the Card Man! 🤣 This is why I stay out of this space. It's hard to walk through it without stepping in something sticky, smelly and sleazy. 💩
Do people buy these on Ebay and then sell them on Goldin for a profit? I see cards sell for a ridiculous amount on Goldin. Do cards have to be graded to sell on Goldin?
Don't get any ideas lol I feel like the person that bought this one is going to try and get others to do the same thing. Would not recommend trying your luck unless you have the money to lose
Spinotron may be pumping, but he's definitely not dumping. Good luck ever trying to buy a card off of him... He simply doesn't sell. Trust me, I've tried a few times over the years. 😂😂😂
With the name(s) you mention, I would have agreed with you that they do try and manipulate the market for THEIR OWN benefit even before you talked about the price difference between the different platforms! It’s F’ing crazy that they’re able to do things like this, time and time again!!!
That Reggie Miller /100 sold on Goldin for $3051 and it was a PSA 10! I have a raw copy and if someone offers me anything close to what that HA one sold for I'm taking it! lol Definitely something weird going on.
Good stuff Dan. I made a comment about Karl's video before i finished watching your video. But same guys running heritage, is same guys doing WATA video game grading, is same guys who did comic books and coin grading. Bunch of pumping and dumping by the Heritage guy. Glad you know about it and watched Karl's very good video with huge evidence.
@Hooooooops I just seen cardladder has put up the big Jordan so that one is definitely paid for. I know who the underbidder was on the Kobe LL so I'm pretty sure that was a legit sale. I don't know about the rest.
They’re showing up as allowing you to send and offer to the owner based on the most recent sales price. To me it means they’ve paid, if it doesn’t that’s some shady stuff from HA
If it's a big money auction a few cards could go that much higher with super wealthy bidders. Maybe the Saudies are bidding against each other n both love Stockton
Same goes with certain major card retailers pumping up multiple products during live breaks. Some grubs just destroy cards as a hobby and investment option. i was the 100th like yeahhh. 👍
Watch the industry eb&flow with BTC, and "Stock Buy Backs" as players are now in the game. 11/5 will determine where the retail market is heading into 2025😮
@@googleoperationmockingbird2556 most of the players are paid in BTC. Which is up 123% ytd. Imagine what a 5 million dollar a year alocation for the past 24 months looks like...they double their money and buy back the inventory to pump the market value of their brand! Brony all ready told us all he collects is his dad
HOW THE HELL DO PEOPLE AFFORD THESE CARDS!?! People are loosing their ASSES on cards they paid a premium price for Trevor Lawrence, Anthony Richardson, Bryce Young, etc. When will people learn? Great video Dan!
I think you’ve touched on something here. Maybe the person behind all this was severely upside down on modern players. Desperate people do desperate things. It’s gross.
The game is to be played like always there are winners and losers, winning is funner than losing .
I agree. Found out that golf is a cheaper hobby at this point
Having worked in an auction house back around 20 years ago they employ shill bidders to run prices up. Heritage was already caught doing that for graded video games. You run up the price in auction A, which is bought but not paid for by a shill, then another appears in auction B and the expectation is for genuine buyers to run the price up based on the previous realised price on the fake earlier sale.
I referenced the video game video in this one. I didn’t go into the detail though
Did you notice the 1971 Topps Pete Rose sold for $30,000 at this auction PSA9. The same card in a PSA 9 sold the same day on ebay for $710. Definitely something is off with this.
It is inexplicable. $1,500 vs $18K. Same card similar grade…. A patch ain’t worth +$15K and it isn’t jersey number or anything…. Def smells of something…
smells like a fart
5 cards sold for the same 18.6k??😂
Yeah why would that raise any suspicions??? Thanks for another informative video
Right?!
I got out of cards and got into coins. I'm convinced that high end collectors believe eBay is trash. I've seen countless coin auctions end at prices 4x, 5x, even 10x+ higher than buy it now listings on eBay. It's happened too many times to think otherwise.
Hopefully one day eating in trash will be worth it
Im in coins as well now. I still enjoy sports cards but I let online people open them for my enjoyment rather than waste my money on them anymore
It’s honestly dumb and I don’t buy it tbh.
Same old song “ you can sheer a sheep a hundred times but skin him only once.” Well that used to be how it went…now so many people are standing in line again and again to get fleeced.
High end collecting and auctions are legal money laundering and show off events. It's a part of the downfall of any hobby. In time the mkney dries up and the fan base moves on.
I would like to hear the person’s reasoning who bid $18K for this and otter cards because there is no reason. There is no way someone mindlessly bids $18K on a card without doing any research. There are very few Stockton collectors out there, which is why this card should be worth $1,500 at best. Has to be fraud and poorly executed fraud at that.
Money laundering. I suspect there’s a ton of it in this hobby.
It’s probably Jeff Wilson, mojo cards etc buying each other auctions padding the results to try to profit. You know gotta stay positive…
Money laundering seems like a good reason/theory. Really wish HA was more transparent about this
@@DanTheCardMan2 TD bank just got fined $3 billion for money laundering in china today.
Thanks for calling this out. Very clear what's going on
Money laundering in plain sight
Everything that goes through an auction house can be traced back to a buyer or seller.. you'd have to be an absolute Muppet to launder through an auction house.. it's like leaving a bread crumb trail for the authorities to follow the money. I'm not saying it didn't happen but you'd have to be the dumbest person on the planet to do it through an auction house.
@@WrongThink_ doesn’t everything leave breadcrumbs nowadays? Don’t get me wrong, I get your point but sales of ridiculously priced trading cards are a massive target for nefarious shenanigans at present and there’s an extreme lack of governance in this space. There’s online casinos and lotteries essentially operating outside of any rules in broad daylight. It’s the wild west.
Appreciate the shoutout! 🙌 It’s crazy to me that a card can sell for 12x more than a similar copy sitting on eBay and you have guys trying to justify it like that’s normal. Given they own these cards, and I’d imagine are fairly familiar with prices, they should be the first to tell people something seems off. Not just out there pumping the set.
It’s honestly a clown show
I'm convinced that it is money laundering or there is something nefarious. Like you buy from certain people, it gives you access to something you normally wouldn't have access to.
I have posted MULTIPLE exact same items at buy now, for half the price an auction ended at, and no one buys it. Card with 40 bids sells for $100. I put the same card up for $50 and no one buys it? You would think the loser of the auction would look for that same card somewhere else???
You'd have to be really dumb to launder through an auction house... Most states require auction houses to be licensed and keep strict records on what is sold / purchased.. it's not just as easy as walking through the door paying cash, getting a generic receipt and calling it a day. In my state when you go to an action they copy your license and your bidding number for that day is tied to you. The only way i see around that would be if the auction house is in on the deal and i highly doubt heritage is going to risk their reputation and business over a few cards that sold for 18K...
Why not do auctions then?
Money Laundering. Heritage is involved.
Overprice cards that card companies produce. Auctions grading card companies sunshine pumpers TH-camrs and people hyping up cards on E-Bay ruin the card hobby.
I know it’s not as drastic, but you can see this same thing play out daily on Whatnot. People get into a bidding war over a card they can buy on eBay for five dollars, and end up paying 50 to 75 for it.
You're saying it's no coincidence that all those cards had a final bid of $18,600? So cynical, Dan the Card Man! 🤣
This is why I stay out of this space. It's hard to walk through it without stepping in something sticky, smelly and sleazy. 💩
Great stuff. Appreciate you putting a light on this and bringing it to more people’s attention.
I appreciate that!
Do people buy these on Ebay and then sell them on Goldin for a profit? I see cards sell for a ridiculous amount on Goldin. Do cards have to be graded to sell on Goldin?
Don't get any ideas lol I feel like the person that bought this one is going to try and get others to do the same thing. Would not recommend trying your luck unless you have the money to lose
Worth a try for sure, but have to be selective.
Spinotron may be pumping, but he's definitely not dumping. Good luck ever trying to buy a card off of him... He simply doesn't sell. Trust me, I've tried a few times over the years. 😂😂😂
Having his name attached to big sales and cards means more to him.
Good point
An authentic signed and worn Dream Team jersey would be significantly less.
thats stupid
Cards are set for a huge crash... over produced garbage, nothing less than gambing.
Other auction houses have high end spenders. eBay doesn’t have that clientele lol
Yes no doubt but high-end spenders don’t know how to google before pressing bid?
yes they do, I've sold rare sneakers to NBA players through ebay.
Fix is definitely in. Good video
Oh the real fix is coming here in a few weeks
Thanks 👍
Great insights. Thx.
Thanks for watching!
Its that dude SCR was talking about that has lots of grails
With the name(s) you mention, I would have agreed with you that they do try and manipulate the market for THEIR OWN benefit even before you talked about the price difference between the different platforms! It’s F’ing crazy that they’re able to do things like this, time and time again!!!
I just don’t get it. Comps are black and white
That Reggie Miller /100 sold on Goldin for $3051 and it was a PSA 10! I have a raw copy and if someone offers me anything close to what that HA one sold for I'm taking it! lol Definitely something weird going on.
Thank you - talked about this today
Wild! 💀🤣
Gracias ( Thank you)
Thank you too!
Good stuff Dan. I made a comment about Karl's video before i finished watching your video. But same guys running heritage, is same guys doing WATA video game grading, is same guys who did comic books and coin grading. Bunch of pumping and dumping by the Heritage guy. Glad you know about it and watched Karl's very good video with huge evidence.
Well said!
who are all these randos that ppl are paying 5 figs for 🤣🤣
Spinotron also seems super slimy, has great stuff but a clear pumper with very cringe content
His posts are often very self absorbed
Why do you say "it's obviously been paid for"? How do we know it has been paid for?
@Hooooooops I just seen cardladder has put up the big Jordan so that one is definitely paid for. I know who the underbidder was on the Kobe LL so I'm pretty sure that was a legit sale. I don't know about the rest.
They’re showing up as allowing you to send and offer to the owner based on the most recent sales price. To me it means they’ve paid, if it doesn’t that’s some shady stuff from HA
If it's a big money auction a few cards could go that much higher with super wealthy bidders. Maybe the Saudies are bidding against each other n both love Stockton
Someone should teach them how to use eBay
@@DanTheCardMan2 these guys don't care and every card is a 1/1 when it's a battle of ego
BRONCOS 4LIFE, ENJOY THE HOBBY, HAVE FUN, FCKN SMILE, ALL PEOPLE HAVE TO DO IS STAY IN THERE LANE, that was a good game na dan
And learn how to spell, right Dopecards
@@garygordon3075 I try, u understand tho na
That is a $20 card
karl is an absolute legend
Same goes with certain major card retailers pumping up multiple products during live breaks. Some grubs just destroy cards as a hobby and investment option. i was the 100th like yeahhh. 👍
This hobby is just a joke. Full of scammers & thieves
i may have found the greatest arbitrage opportunity of my life
Haha yep!!
Elon Musk did this with Doge Coin. Made billions
he does this with Tesla, he promises great, innovative things and stock goes up, but never delivers when the vehicles actually are produced.
Watch the industry eb&flow with BTC, and "Stock Buy Backs" as players are now in the game. 11/5 will determine where the retail market is heading into 2025😮
Elaborate homie?
@@googleoperationmockingbird2556 most of the players are paid in BTC. Which is up 123% ytd. Imagine what a 5 million dollar a year alocation for the past 24 months looks like...they double their money and buy back the inventory to pump the market value of their brand! Brony all ready told us all he collects is his dad
A lot of rich people are waiting for the election to end before putting money in the market and inflating prices of assets like BTC, cards, etc .
This hobby has become so scummy and scammy. Its sooooo degenerate and jewish now!
Not sure what you mean by that
Google Heritage shill bidding 😂