The Future of Pokemon Financially [Serious Thread]

[scratchdesk]

@gottaketchumall

(I liked hearing in your video it referred to as “WOT-SEE”. I never really talk in person to anyone about Pokemon and never heard that).

WOT-SEA has been around since the early Magic days, that’s how we always referred to Wizards back then.

[null_user]

@gottaketchumall

@KingPokemon

Not a lot of time to chime in on this thread but wanted to reply to this.

If you’re saying the reprints hurt the price of the originals it brings to mind base2. From the day it was released, all the way up to today, it has helped the base 1 value. The same is true with LC.

I was trying to say that a diminished perception of, and faith in the primary company responsible for the new product and the past product can only negatively affect the value of all product under their name going forward. That was what I was trying to bring into the conversation with my analogy on the stein stuff. Maybe that was all doomed to crash ( I do believe it was ), but I think it crashed harder because of their actions. Actions that were similar to TPCI reprinting roaring skies after calling it “out of print”.

I am not saying it will go down. I am not saying it will go up. I am simply saying that due to this reprinting of roaring skies, the only affect can be negative as the faith and them and the value of their word has completely gone to zero. I still believe many Pokemon products will perform well over the next several years, hence my disclaimer on the fact that I am (semi) heavily vested in some Pokemon stuff, though that fact is likely fairly evident given my extensive participation in this forum.

That depends if people really do believe it is a one off, and if the Pokemon company doesn’t do it again making it a one off. If they don’t do it again I think there will be very little impact on the hobby medium/long term. Maybe some impact on sets that are out right now. With the huge spike in interest it makes sense they would make the set with I am guessing the most expensive card in the current standard format legal (don’t do anything with English cards so not 100% sure on prices). Now if they started reprinting sets that weren’t standard legal then I would agree with you 100% even if it was one set

This could also make sealed product more expensive in the future. If people are worried about reprints, they don’t buy as much, then there isn’t a reprint and less product is on the market.

[smpratte]

@gottaketchumall

@smpratte wasn’t the illustrator sale a price drop though? From what one similarly graded had previously sold privately a few years ago? That is kind of a shock given the overall across the board increases in all WoTC and early era Pokemon stuff. (I liked hearing in your video it referred to as “WOT-SEE”. I never really talk in person to anyone about Pokemon and never heard that). I was surprised at the final realized price given the price history that you detailed, though I am aware and disgusted of the shit that went down regarding that auction and the bid retractions and such.

Haha I actually got Wotsee from an old wizards guy. So it is official wizards lingo!

The Illustrator was 5k above the previous copy mentioned, which was relatively recent. I think Heritage expected a higher premium. The representative I spoke with was very apologetic about the false bidders. Not sure how much that effected the final price. Since the auction, I have received multiple offers on my personal copy, all at or above the final price of 55k. Interestingly enough, some of those individuals who offered consigned with heritage as well.

[omahanime]

@gottaketchumall

@omahanime

The future should be good, as long as speculators don’t get involved.

Speculators have been involved since the beginning and will be involved until the end. No way to stop that. Extent of involvement may be debated, but they are, and will always be around.

I am not referring to small time speculation. I am concerned for situations like en.wikipedia.org/wiki/Tulip_mania

[KingPokemon]

@omahanime

@gottaketchumall

Speculators have been involved since the beginning and will be involved until the end. No way to stop that. Extent of involvement may be debated, but they are, and will always be around.

I am not referring to small time speculation. I am concerned for situations like en.wikipedia.org/wiki/Tulip_mania

Haha…Ive used the Tulip Bulb analogy several times over the years

[1by1collector]

@omahanime

@gottaketchumall

Speculators have been involved since the beginning and will be involved until the end. No way to stop that. Extent of involvement may be debated, but they are, and will always be around.

I am not referring to small time speculation. I am concerned for situations like en.wikipedia.org/wiki/Tulip_mania

As someone who works in financial planning and has a background in economics i find this an amazing piece in the history of money/asset markets. Can’t really imagine 1st edition base set zards crashing for a long time though

[KingPokemon]

@1by1collector

@omahanime

I am not referring to small time speculation. I am concerned for situations like en.wikipedia.org/wiki/Tulip_mania

As someone who works in financial planning and has a background in economics i find this an amazing piece in the history of money/asset markets. Can’t really imagine 1st edition base set zards crashing for a long time though

They better not lol.

[acebren]

Is it too late to get in on the lucrative bulb market?

[shizzlemetimbers]

You can get some pretty dope tulips though I can see why people were offering 12 acres (5 hectares) for a couple of bulbs

[KingPokemon]

@shizzlemetimbers

You can get some pretty dope tulips though I can see why people were offering 12 acres (5 hectares) for a couple of bulbs

Dang that’s beautiful.

[milhouse]

I have a cousin who is a botanist. Sent that photo to him and he said it feels good to be in love.