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-   -   1952 Topps Mickey Mantle PSA 3 Available in Complete 1952 Topps Set Break at National (http://www.net54baseball.com/showthread.php?t=225697)

Just_Collect 11-23-2016 04:40 PM

1952 set break status
 
VintageBreaks.com was formed by co-owners Leighton Sheldon (owner of Just Collect, Inc.) and David Gelfman (owner of Ripping Wax, Inc.) to provide a platform for the offering and live breaking of vintage wax packs, boxes, sets and graded cards. We rolled out VintageBreaks.com at the 2016 National in Atlantic City, including by offering the 1952 Topps Baseball PSA Complete Set Break for $359.99 per entry and a chance to get a 1952 Topps Mickey Mantle in a PSA 3.

We hoped to break the 1952 Topps Set live on the Breaking Pavilion Main Stage at the National, but, unfortunately, we did not sell enough entries to do so. During the National, we offered and sold out several great vintage pack breaks which took place live on the main stage (including a 1962 Topps Football wax pack that yielded a beautiful Mike Ditka rookie card), and several box breaks (including a complete 1984 Topps Football Wax Box).

Although the live break of the 1952 Topps Set break did not happen, there was continued interest after the National, and VintageBreaks.com anticipated that it would soon sell-out. We intended to broadcast the break live on Vintagebreaks.com. However, several participants understandably were not willing to wait and requested refunds. Everyone who requested a refund was sent a full refund, including several N54 members – as their posts have attested. All entry monies that were not requested for a refund have been kept in a separate, designated account.

At this point, VintageBreaks.com has decided to cancel the 1952 Set Break. We will be providing details and full refunds to all remaining participants next week. We apologize for any confusion and the inability to sell-out the break and realize that this may have been too aggressive of an undertaking during the early roll-out of the VintageBreaks concept.

We intend to reintroduce VintageBreaks.com with a new approach and various breaks at different price points on January 1, 2017. We will also be running a free break (to be determined) in January for all those that entered in to the 1952 Topps Set Break as a way to say thanks for your patience!

We have learned a lot rolling out VintageBreaks.com and have made a few mistakes along the way. With your feedback, we believe we will be better able to position VintageBreaks.com as a fun, reliable, and trustworthy site for collectors to participate in live vintage pack, box, and set breaks.

Should anyone require any further clarification or have any questions, please email me directly (Leighton@justcollect.com) or call me in the office at 732-828-2261.

Thank you for your time, your consideration and your patronage.

Happy Thanksgiving!

Regards,
Leighton
www.justcollect.com

Aquarian Sports Cards 11-23-2016 05:01 PM

Amazingly coincidental timing to this thread being resurrected...

pokerplyr80 11-23-2016 05:24 PM

Quote:

Originally Posted by Exhibitman (Post 1604690)
I don't see the attraction to these set breaks; though I did take a chance on the Kreindler painting lotto thing because I really admire his work and would have had a hell of a Joe Louis piece if I'd won. Regardless of the legal technicalities, it is definitely gambling and I don't really like it as part of the hobby.

Is a 1/407 chance at the Mantle worth a $350 fee? Not to me and not to most anyone else, apparently. The way I look at it (which is probably 100% wrong from a statistical analysis but WTF do I know) is that 1/407 = .2457% chance of winning the Mantle. .2457% = 0.002457 x $23,000 = $56.11. That's what I'd pay for the chance. Since there are some other good cards too, I might kick it up to $100 or so in case I get one of the great high # HOFers instead. But $350 doesn't feel realistic.

Thats why it didn't sell. I would easily spend 350 on a break like this, or more, if the potential payout was there. To justify collecting 140k, there should have been 110-120k worth of cards in the break.

Peter_Spaeth 11-23-2016 06:47 PM

Quote:

Originally Posted by Aquarian Sports Cards (Post 1604780)
Amazingly coincidental timing to this thread being resurrected...

Funny that.

1952boyntoncollector 11-24-2016 03:32 AM

Quote:

Originally Posted by pokerplyr80 (Post 1604790)
Thats why it didn't sell. I would easily spend 350 on a break like this, or more, if the potential payout was there. To justify collecting 140k, there should have been 110-120k worth of cards in the break.

Maybe even more than 120k on 140k 'value' actually to be worth it when you asking fo $350. if he was asking 50-100 bucks a slot, you would need more people but a bigger margin would be fine as it would take more work to get more people and more people would be ok with worse odds on their money but only paying 50 bucks etc


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