TONIGHT'S Big Events (1st Base box opening + Zard Auction)

[KingPokemon]

@pokehut1

Did he actually sell all the packs?

He mentioned somebody backed out of 4 packs and he was trying to sell them locally befor the filming tonight.

[KingPokemon]

@BugCatcherDave

What’s the buyer premium % on these auctions?

20%

[gottaketchumall]

It’s funny a few months ago people said why is everything but base rising now people are saying why is only base rising. Base lagged behind a lot of the lower pop lower print stuff but then corrected back to its top dog status in spite of the excess printing it had. Insatiable demand. Maybe other things will pop up relative to base again after all the hype dies or maybe base will retrace harder than some of the others.

It’s all impossible to say what will happen but will sure be fun to be a part of.

[zorloth]

@teraz

@zorloth

It’s interesting to see how much 1st Edition Base has increased recently and the fact that Jungle and Fossil 1st Edition haven’t moved at all. I would’ve expected some of these outside investors/collectors to go after those sets, too? It’s just crazy to see Base Set prices like quadruple while literally everything else is the same price as in June.

I wonder if the Base Set prices reach a point to where there’s spillover demand into Jungle/Fossil from people who are priced out of Base.

I think there will be some increased demand, but more slowly. The unique thing with base is if you want to collect Pokémon cards, chances are that’s your first goal. Not for everyone, but for a majority. Tack on FOMO and that’s why we see the meteoric rise.

Then after base you move onto either what is most nostalgic for you, what you like the most, or what you think is the best place for your money. That might be Jungle, but it might be gold stars or EX era. No other set congregates collectors like 1st edition base. Whereas other sets filter out collectors by age, interest, rarity-desire, income level etc.

I agree, but with the current prices most new collectors will be priced out of collecting 1st ed Base. Even if you were okay with collecting HP/damaged cards, a complete set of 1st Edition Base would be thousands of dollars ($10k+?). Those people would either go to Unlimited Base or would just skip Base entirely.

And I definitely agree with that view of 1st ed. Base. The only thing is that the fundamentals of all Pokemon sets haven’t changed in the past few months. 1st Edition Base had the same stature in July as it has now. So it’s interesting to see it increase in value so dramatically while everything else hasn’t risen much (if at all) for months now. So either there’s a market imbalance now or there was a market imbalance in June. In effect, it’s that it’s clear that one of three things must the case:

1. Base Set was underpriced before the spikes and that this is market correction.

2. Every set besides Base is currently underpriced.

3. Base Set is presently inflated by speculator demand.

Personally, I think that #3 is most likely.

[teraz]

@zorloth

@teraz

I think there will be some increased demand, but more slowly. The unique thing with base is if you want to collect Pokémon cards, chances are that’s your first goal. Not for everyone, but for a majority. Tack on FOMO and that’s why we see the meteoric rise.

Then after base you move onto either what is most nostalgic for you, what you like the most, or what you think is the best place for your money. That might be Jungle, but it might be gold stars or EX era. No other set congregates collectors like 1st edition base. Whereas other sets filter out collectors by age, interest, rarity-desire, income level etc.

I agree, but with the current prices most new collectors will be priced out of collecting 1st ed Base. Even if you were okay with collecting HP/damaged cards, a complete set of 1st Edition Base would be thousands of dollars ($10k+?). Those people would either go to Unlimited Base or would just skip Base entirely.

And I definitely agree with that view of 1st ed. Base. The only thing is that the fundamentals of all Pokemon sets haven’t changed in the past few months. 1st Edition Base had the same stature in July as it has now. So it’s interesting to see it increase in value so dramatically while everything else hasn’t risen much (if at all) for months now. So either there’s a market imbalance now or there was a market imbalance in June. In effect, it’s that it’s clear that one of three things must the case:

1. Base Set was underpriced before the spikes and that this is market correction.

2. Every set besides Base is currently underpriced.

3. Base Set is presently inflated by speculator demand.

Personally, I think that #3 is most likely.

I think #1. To me 1st base has been undervalued for a couple years.

You could buy PSA 9 copies of at least half of the non-holos for cost until late 2019.

[zorloth]

@gottaketchumall

It’s funny a few months ago people said why is everything but base rising now people are saying why is only base rising. Base lagged behind a lot of the lower pop lower print stuff but then corrected back to its top dog status in spite of the excess printing it had. Insatiable demand. Maybe other things will pop up relative to base again after all the hype dies or maybe base will retrace harder than some of the others.

It’s all impossible to say what will happen but will sure be fun to be a part of.

I get what you’re saying, but look at the relative prices of sets pre-COVID. Base Set didn’t shoot up in price nearly as much as some of the other sets at the beginning of the pandemic (April-May). And so it makes sense that, since the prices for the other sets have stuck (so far, at least), that Base Set has moved up in price since April-May.

But we’re now at a point where, compared to pre-COVID prices, Base Set has dramatically outperformed (in terms of percentage growth) every other set. So either the prices pre-COVID were out of whack or the current prices are out of whack. I’m not making a judgment either way, I’m just saying that this must be the case.

[kingboo64]

@teraz

It’s funny joking about buying 1st edition base before this video or RIP, but then I realize just how many people are going to watch this and how true that sentiment just might be. The promotional video got 5 million views.

If 5 million people watch this, even if just .1% of viewers decide to start collecting 1st edition base after this that’s 5000 new 1st edition base collectors. There’s not enough supply for that currently.

Who’s joking? Cause I’m not

[masterteal]

@kingboo64

@teraz

It’s funny joking about buying 1st edition base before this video or RIP, but then I realize just how many people are going to watch this and how true that sentiment just might be. The promotional video got 5 million views.

If 5 million people watch this, even if just .1% of viewers decide to start collecting 1st edition base after this that’s 5000 new 1st edition base collectors. There’s not enough supply for that currently.

Who’s joking?

I just bought the last card for my first edition base set tonight (Maintenance). Buckle in and get ready for takeoff. Next stop, the moon.

In all seriousness though, even if a handful of people willing to spend a few hundred thousand enter the market it will drive prices way up. Out of millions of people, it’s pretty likely at least some will get into it and have the means. Remember how many people were into it 20 years ago? Did you know anyone that didn’t have the cards? Nostalgia is real.

[brendantheclayboy]

So where is the opening? I looked on his channel with only 15 mins to air and I see nothing.

[yz2428]

if we do open the 35 packs as promised, then i think we should see the charizard pulled tonight. if there is just one charizard, that’ll be enough. i hope logan is a fast pack opener and keep it under 80 minutes. do they sell commercial spots like the superbowl?

[swarm]

@brendantheclayboy

So where is the opening? I looked on his channel with only 15 mins to air and I see nothing.

Opening The $200,000 1st Edition Pokemon Box (Official Live Stream)

[shockerb37]

Link for whoever needs it

[swarm]

Also, it looks like he is promoting mental health through the Livestream.

[gottaketchumall]

58k watchers currently

[pokecollectoramy]

60k in the live stream…goodness

[zorloth]

@pokecollectoramy

60k in the live stream…goodness

60k? I’m seeing 75k

[yz2428]

88k…

[pokecollectoramy]

@yz2428

88k…

Yep, gonna be 100k before this starts

[khairis]

and here we goooo!

[yz2428]

for such a small box…reminds of lotr, so much for such a small thing…