$50,000 stolen from card shop

[rdwyer]

The owner of Eddie’s Sports Treasures says a man broke through his front door and stole more than $50,000 in unopened boxes of sports cards during the weekend.

Same thing as stealing a million lottery tickets. The odds are so much against you, you can't win. What a stupid criminal!

https://www.wate.com/news/crime/more...ols0M5N9crSfJE

[darkhorse9]

That's my LCS.

We'll find the bastard.

[ASF123]

Originally Posted by darkhorse9

That's my LCS.

We'll find the bastard.

Probably when he hosts a sponsored break on YouTube next weekend.

[GasHouseGang]

Originally Posted by ASF123

Probably when he hosts a sponsored break on YouTube next weekend.

Good one!

[rdwyer]

I doubt the crook will find anything of value. The "Chase" cards are 1 in 80,000 boxes. Everything else is minimal value. Maybe a Joe Blow (Who is this) signed card or two.

[pbspelly]

A long time ago I was a reporter for that TV station, WATE

[chalupacollects]

8 $3500 boxes? Would that be National Treasures?

[Peter_Spaeth]

Originally Posted by chalupacollects

8 $3500 boxes? Would that be National Treasures?

But he has nothing of value? Count me as confused.

[rdwyer]

But he has nothing of value? Count me as confused.

I missed that. Still the chances of getting anything near $3500 is still slim.

[oldjudge]

Originally Posted by rdwyer

I doubt the crook will find anything of value. The "Chase" cards are 1 in 80,000 boxes. Everything else is minimal value. Maybe a Joe Blow (Who is this) signed card or two.

So then why are the boxes worth $50,000?

[Republicaninmass]

Originally Posted by oldjudge

So then why are the boxes worth $50,000?

Insurance

[sportscardpete]

I am confused.. are we all saying that the thief stole boxes that are not worth anything?

[packs]

The boxes are valuable in theory, the same way an unopened pack of Sweet Caps with a 1910 tax stamp might be valuable. Or it could have a card of a fish inside.

[Jcosta19]

Originally Posted by packs

The boxes are valuable in theory, the same way an unopened pack of Sweet Caps with a 1910 tax stamp might be valuable. Or it could have a card of a fish inside.

The boxes are valuable in reality. They are literally talking about the retail value of the boxes.

Its the cards, inside the packs, inside of the boxes that have theoretical value because they are unknown.

The value of the boxes is not disputable just because prewar collectors do not collect modern cards or break boxes etc.

Sent from my SM-G960U using Tapatalk

[sportscardpete]

Originally Posted by Jcosta19

The boxes are valuable in reality. They are literally talking about the retail value of the boxes.

Its the cards, inside the packs, inside of the boxes that have theoretical value because they are unknown.

The value of the boxes is not disputable just because prewar collectors do not collect modern cards or break boxes etc.

Sent from my SM-G960U using Tapatalk

I agree with you.

[chalupacollects]

The boxes are valuable in reality. They are literally talking about the retail value of the boxes.

Its the cards, inside the packs, inside of the boxes that have theoretical value because they are unknown.

The value of the boxes is not disputable just because prewar collectors do not collect modern cards or break boxes etc.

Just like scratch off lottery tickets

[Eric72]

Unless I’m mistaken, the boxes have real-world monetary value because the rightful owner could have converted them into cash.

Someone stole $50,000 worth of inventory. I’m not sure why people have chosen to mock the product that was stolen.

[packs]

Originally Posted by Jcosta19

The boxes are valuable in reality. They are literally talking about the retail value of the boxes.

Its the cards, inside the packs, inside of the boxes that have theoretical value because they are unknown.

The value of the boxes is not disputable just because prewar collectors do not collect modern cards or break boxes etc.

Sent from my SM-G960U using Tapatalk

I'm not arguing with that. I was just responding to people's questions about why a box would cost $3,500. The answer is because of what MIGHT be inside.

[rdwyer]

Kinda like playing a $50 scratcher. 1 in 300 might pay something over $50. 99% of the time you win next to nothing.

[Fballguy]

While that would be a fun night of box ripping, I doubt, once opened, they'll be worth anywhere close to $50K. Makes a foolish decision all the more foolish. The only real value for this guy (assuming his luck at pack ripping was similar to mine) is if he planned to sell unopened, which seems like it would be hard to do locally, unless he had connections already lined up.

[jingram058]

How is it that total morons have so much money? And, how are there so many of them?

[packs]

What makes a modern card collector a moron? They like what they like. People love gambling. Ripping packs is a small extension of that thrill. At least that's where I find the fun in it. Rolling the dice.

Modern collectors might think a pre-war guy is pretty nuts for spending five figures on a Sherry Magee card just because his name is spelled wrong too.

[todeen]

Personally, this seems like something that would be akin to bicycle robbery or chop shops. Cops have bigger fish to fry, and this could be put on the back burner. Still, I hope the best for the owner.

[rsst206]

To each there own. I collect vintage but 10 years ago i bought these 2 boxes because my kids were playing baseball So i bought series 1 and 2 and by the time series 3 came out kids weren't interested in them so i
put away in there closet. I believe i was into them for $120
https://www.ebay.com/itm/303954864323
https://www.ebay.com/itm/303929995197
some may say i sold to cheap Was able to pay my Hunt auction winning of some silks i needed.

[TobaccoKing4]

The value of the cards once opened are irrelevant. The bottom line is that the boxes sell for a certain amount in the marketplace. It doesn't matter if you think it is a good buy or not, the store owner is now out tens of thousands of dollars. I'm sure there are plenty of people that think the prices of the Prewar cards that we all love are ridiculous too

[Tabe]

Originally Posted by packs

What makes a modern card collector a moron?

It's the manufactured rarity unlike the totally natural rarity of, say, the 1933 Goudey Lajoie.

[packs]

I’ll be the first to admit how exciting it is to see STL across Ray Demmit’s shirt.

[Eric72]

Originally Posted by Tabe

It's the manufactured rarity unlike the totally natural rarity of, say, the 1933 Goudey Lajoie.

lol

I see what you did there...

[doug.goodman]

Originally Posted by rdwyer

Kinda like playing a $50 scratcher. 1 in 300 might pay something over $50. 99% of the time you win next to nothing.

I have always enjoyed the fact that to win while gambling in any form, means that somebody else lost even more (to cover the expenses / profits / etc of the system which you are using to gamble).

Somebody pays for all the neon in Vegas...

[Orioles1954]

Originally Posted by Eric72

lol

I see what you did there...

Or 1933 Butter Cream Ruth or 1932 U.S. Caramel Lindstrom or Maple Crispette Stengel or.....

But, but this is different because shiny cards bad!

[rdwyer]

What really sux is that the dealer will lose $25,000.

If only the crook would post how much he gained.

Really stupid if he thought he would get anything more than $1k if he was extremely lucky.

[Bigdaddy]

Originally Posted by jingram058

How is it that total morons have so much money? And, how are there so many of them?

I know lots of people who would say that about men who collect 100 year old pieces of cardboard and willingly, even enthusiastically, fork over a king's ransom for said cardboard.

[Fballguy]

The irony of grown men talking down to each other about their baseball card collecting habits.

[rats60]

Originally Posted by Tabe

It's the manufactured rarity unlike the totally natural rarity of, say, the 1933 Goudey Lajoie.

The Lajoie does have natural rarity. Goudey printed to demand and gave them away to everyone who requested one. Unlike today where card companies deliberately only print one of a card to make it a chase for gamblers.

[bnorth]

Originally Posted by Fballguy

The irony of grown men talking down to each other about their baseball card collecting habits.

It would be weird if we all collected pictures of young athletic men in uniforms the same way.

[TobaccoKing4]

Originally Posted by rats60

The Lajoie does have natural rarity. Goudey printed to demand and gave them away to everyone who requested one. Unlike today where card companies deliberately only print one of a card to make it a chase for gamblers.

There were sets with manufactured scarcity back then though. Look at the R300 set for example

[darkhorse9]

What's odd is that store has a decent amount of vintage cards with a known value that would probably exceed the unknown value in the boxes.
Clearly this guy had cased the joint before. He had to walk past three cases with vintage cards and sets. Maybe even a frequent customer.
There isn't a very large collecting community in Knoxville. Shows are small and only two card shops.

[yanks12025]

Originally Posted by darkhorse9

What's odd is that store has a decent amount of vintage cards with a known value that would probably exceed the unknown value in the boxes.
Clearly this guy had cased the joint before. He had to walk past three cases with vintage cards and sets. Maybe even a frequent customer.
There isn't a very large collecting community in Knoxville. Shows are small and only two card shops.

Selling a HOF T206 or whatever vintage probably has a bigger chance of getting caught compared to rigging modern day packs and they could have anything in them and no one would know that they came from stolen items.

[egri]

Originally Posted by todeen

Personally, this seems like something that would be akin to bicycle robbery or chop shops. Cops have bigger fish to fry, and this could be put on the back burner. Still, I hope the best for the owner.

Several years ago, my grandmother fell for a variation of the Publishers Clearing House scam. After she had sent the thieves a sum roughly equivalent to this heist, she told my dad, who alerted the police. From talking with them, the sentiment he got was that if they got any leads, they would follow them, but on their priority list, it wasn't very high up. I hope the best for this owner, but hopefully he's got insurance to cover this.

[rats60]

Originally Posted by TobaccoKing4

There were sets with manufactured scarcity back then though. Look at the R300 set for example

It was very infrequent, not every single set.

[packs]

I don't see much distance between chasing a refractor numbered out of whatever and chasing Carolina Brights backs. I understand the manufactured rarity angle but at the end of the day it's a parallel of a base card, which is what a rare backed T206 or T205 is at its core.

I feel like this is a my dad can beat up your dad kind of thing.

[mrreality68]

Originally Posted by Republicaninmass

Insurance

Thank Goodness for Insurance and Thank goodness the insurer can always set the "value" to potentially maximize the insurance

Hopefully they catch the person. No respect for the small business person and the Hobby in General