All this look like a big setup. Reactions are too small. The buyer seems too calm. It will be massively watched because it’s so big to be scammed for 375K. Even more than if the box was real. So setting up a fake box opening this big will bring a lot more viewers and popularity to this video and the whole pokemon thing than if the box was real.
I can be wrong. But… seams fake. All this seams fake.
I’m wondering if it will have a negative effect on the market. Will people be more afraid to buy sealed products and even raw cards after that massively diffused video? Especially all those new investors than don’t know anything about pokemon but tries to make money of it…
I was initially thinking something was off when they pointed out those creases. I have a feeling the other two are going to be the same story, if they exist.
If nothing else this is schadenfreude at its peak.
Step 1: Get into Pokemon with no knowledge of the hobby and only for the money
Step 2: Buy one of the hardest to verify items that has fooled even the smartest people in Pokemon for a record price
Step 3: Be sure to buy it from someone who also has no knowledge of the hobby and who’s only in it for the money
Step 4: ??
Step 5: Profit
Exactly my reaction… someone just lost out on $400k and every single person there was calm. No genuine reaction from anyone. Several of them seemed like they had a script ready to go about “it’s good we bought this from a trustworthy source, imagine if we bought it from ebay”…
If people can’t properly authenticate WOTC boxes then this will be a serious issue for buyer confidence. The same thing happened in the gold/silver coins biz but that issue was solved with precious metal verifiers that were made widely available. Buyers need to know with a high degree of certainty that they’re purchasing legit product, especially at the prices that these WOTC boxes are going for.
Step 1: Find ways to increase knowledge of your name or brand
Step 2: Team up with someone on the inside who has a following
Step 3: Make fake story about record breaking purchase
Step 4: Wait until lots of people are talking about it
Step 5: Drum up more publicity by staging an event where something goes wrong
Step 6: ??
Step 7: Profit
No money has to be transferred for this to work, you just need people to believe it and share the story. It’s all just free publicity.
30k bulba baldy running around yelling at his supplier, the oleaginous investor pep-talking the audience, the child entertainer looking confused and the facemask crypto gang hovering like Marvel bankrobber NPCs.
For everyone criticizing the buyers, there is no way to 100% physically authenticate a 1st ed base box. People have offered to fly me out multiple times to authenticate boxes, and I never take the deal, because its so much liability. Even Rusty didn’t know his box was resealed.
Provenance is paramount. But even then its always going to be a risk. The buyer was smart to wait on payment.
LOL everytime i see a collectible guru video on IG it makes me wonder about the IRS. They’ll be quoting his inflated pricing back to him when his income doesn’t line up next year.