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Please Don't Bring Me Junk! I Want The Good Stuff!!

1/12/2015

5 Comments

 
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The thermometer in my car read 4 degrees on the morning of Saturday, January 10, 2015, as I began my drive to the Elgin show. There was a surprising amount of traffic on the roads on this frigid morning. I made it to the show in about 35 minutes. I was pleased to learn Corky advertised the show in the Daily Herald. Seems like Corky's efforts to promote the show are paying off because we had a better crowd than last month. Unfortunately for me, it did not seem like much of the crowd was interested in my varied assortment of vintage sports cards. I was shut out in the morning. Luckily sales started to come in during the afternoon. The dealer that was set up to my right kindly purchased some cards for a few sets he was working on. Another set collector found a few cards. A new customer pulled some 1971 Topps Coins. Another new customer purchased just about all of my T206s. Thank you other new customer! I should have gotten your name for the blog!! Then Angel pulled out a large pile of 1965s. I ended up having my best Elgin show to date. 

On the buying front, I am happy to report Willie had a tremendous day purchasing autographs and all sorts of other stuff. I, on the other hand, purchased nothing, nada, zip. I wanted to buy a few cards from the dealer on the other side of me but something about his cards just did not seem right. He clearly had one trimmed card in his case which was not labeled as such which sets off a red flag for me. To his credit, he did tell customers it was trimmed when they looked at it. A couple other dealers had some real nice vintage cards but I wasn't sure if they were looking to deal. It actually felt good going home with a little cash in my pocket. We're back at the Holiday Inn in Elgin on Valentine's Day so be sure to bring your honey! Trust me when I say there is nothing a wife or girlfriend would rather do than attend a baseball card show in Elgin, Illinois, often said to be the Paris of the Fox Valley. So be sure to begin your romantic day at the Elgin card show on February 14th!!

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A couple of observations about this show that has nothing to do with romance. Each show has 15 or so dealers. None of the Elgin dealers ever set up at Orland. Each dealer has a real nice selection of cards. I thought there was an exceptional vintage card selection in the room today. There was also an excellent display of modern cards, wax, supplies and assorted memorabilia. I think this show is worth a visit. I was happy to see that one of my regulars from Milwaukee made the drive down to Elgin. He found some cards with Don. I am also happy to report that the snarky guy was not snarky today. He even brought some customers to Willie's table.  
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Then there is a phenomena at this show that is not necessarily unique to this show but more prevalent here than at other shows. I am talking about "junk." This show attracts more customers attempting to sell large amounts of 1980s to 1990s cards than any other show I attend. Over the years, cards from the 1980s and 1990s have earned the label "junk" because they have no value. If you Google "worthless baseball cards" you get an endless stream of articles explaining that sports cards from the 1980s and 1990s were mass produced in the billions and the market is beyond flooded, therefore, these cards have none if any value -- they are JUNK. The best use for these cards is to save some money on cat litter and toss them into the kitty's doo doo box.  The problem is that the folks pushing junk at the Elgin show are unaware that the cards they have been hoarding for the past few decades are junk, i.e., worthless. They purchased these cards between 1988 and 1992, stuffed them in a closet or basement as an investment, believing the value of the cards would increase over time in the same manner cards from say the 1950s have grown in value. Unfortunately, unlike the cards from the 1950s, these 1980s and 1990s cards were mass produced.  There are so many of these cards out in circulation that they can never possibly ever increase in value. I read one article where the author states that if all the 1980s and 1990s cards that have been opened and pulled from packs were disintegrated, the cards would still have no value because of the massive amounts of unopened product that is still available.  Yet, the hoarders come to the card shows unwittingly looking for that big pay off they have been expecting for the past 20 or so years. I always seem to be the bearer of bad news. There is no pay off.

One guy came in trying to unload one million cards from the 1980s/1990s. One dealer offered $1 per box. Another dealer told him to donate the cards to a children's hospital. He declined the offer and advice. Later, I overheard him on his cell phone telling the person on the other end that maybe he needs to take a table at one of these card shows. YES! Take a table and learn first hand that your cards have no value. I can only hope that he had space in his home for the junk and did not waste thousands of dollars renting storage units to hold all those worthless cards for two decades. 

I had my obligatory junk offers at Saturday's Elgin show. A dealer offered to sell me some junk wax, i.e., sealed packs of cards from the 1980s and 1990s. I politely declined. A lady came to my table and showed me pictures on her iPad of all sorts of cards from the 1990s that she was attempting to sell. She did not seem to believe me when I told her that her cards had very little value. I always get that same look from these folks when I inform them that their cards have negative value -- they look at me like I just spoke to them in Swahili. I can't help thinking that if this lady was savvy enough to take photos with her iPad, why couldn't she perform a simple internet search to learn something about the cards? Like I said, there is no shortage of informative material online explaining that these cards are absolutely and utterly worthless. My advice to the hoarders is to take whatever you can get for these things. If a dealer offers you $1 for a 1,000 1990 Topps cards -- TAKE IT! Please don't post your 1989 Topps sets on Craigslist for $100 dollars per set. You might be able to get $5 a set if you set up at a flea market.  

Oddly, I have seen an increase of junk on dealers' tables at each and every show. Some dealers report that they are doing quite well with junk. These dealers will buy it as long as the sellers are wiling to take next to nothing for the cards. They will buy a set for $1 and sell it for $5. Not big profits but a sale is a sale. I seem to be able to sell it when I set up at a flea market. I don't make much money on it. Making $25 off five or six sets of junk is pretty good in my book. I may look to stock up on junk when summer nears and I set up again at the Wilmot, Wisconsin, flea market. If I bring it to a card show, it just sits on my table collecting dust. I just never get customers at a card show, or a flea market for that matter, requesting some 1990 Score baseball. In general, I avoid junk like the plague. I would rather spend my money on a true vintage card, 1960s or older, that actually maintains a value. 

Thankfully, there is an additional stream of people attending this show with truly valuable cards and autographs to sell. I observed an older lady on Saturday wearing bright red rain boots walk up to three or four dealers attempting to sell four or five 1951 Bowman baseball cards including a Nellie Fox rookie that she eventually sold to a dealer. In high grade, the Fox rookie can bring in $300 or more. I also saw a guy bring a large box of autos to Willie. It just seems that most everyone who attends this show has something to sell, whether it be junk or decent material which is somewhat of an oddity because I attend many shows where nobody walks into the room with items to sell. This show, for some reason, seems to just bring out folks with stuff to sell. Maybe it is that ad in the Herald that brings them out. Either way, I think it is a good thing. Dealers always need new inventory and we welcome customers bringing in items to sell -- I would just prefer a lot less junk walking in the door and more of the good stuff. 

Overall, I was pretty happy with the Elgin show. Later that I night, I finished up my 1973 Topps football binder and posted a bunch of cards to eBay. I think I drank too much of the free coffee at the Elgin hotel because I could not fall asleep that night. I overslept Sunday morning and arrived at the Bloomingdale show a little late. Thankfully, it was much warmer on Sunday and load in was much more pleasant. 

I was surprised my newly reloaded 1973 Topps Football binder did not get much action in Bloomingdale. That thing was a beast to reload with more than 500 cards in that set. Though, I did sell a nice amount of baseball cards. There is a nice couple that I met once before at the Bloomingdale show and they pulled a ton of cards from 1969 and 1961. They also picked up a bunch of my star cards from those years. Another customer that we seem to call Mr. White Sox because he is always decked out head to tow with White Sox garb, purchased just about all the Bulls I had in my 1969-70 Topps binder. Another customer purchased some 1963 baseball.  Derek pulled a bunch of cards from my 1972 and 1973 baseball binders. Thanks Derek! 

Randy and I made a nice trade. He gave me a nice collection of 1973 Topps baseball including a bunch of star cards in exchange for some 1962 Topps baseball commons and stars. Thanks Randy! I also purchased a bunch of cards from another customer including a 1966 Topps Pete Rose and a 1968 Topps Roberto Clemente.  Overall, a pretty good day in Bloomingdale.

Next week I am venturing out to Fort Wayne, Indiana, for a show on Saturday, January 17, 2015. This will be my first show in Fort Wayne and I am looking forward to it. The only drawback is that the promoter only had one table available when I called. So I think I just may bring out my display cases. It is always tough for me to pare down five tables of stuff into just one table.

On Sunday, January 18, 2015, I am setting up at the Gonzaga Show in Milwaukee. I plan to have my 1951 Topps Redbacks reloaded for this one in addition to a bunch of new cards for my display cases. Former Milwaukee Brave Tom DeMerit will be signing autographs from 10 to 11 a.m. I know the Packers and Seahawks are playing for the NFC Championship at 2 p.m. I will try to get to the show extra early so folks have time to view my cards and plenty of time to get somewhere to view the game. 

I had a really nice weekend in Elgin and Bloomingdale and am looking for more fun with my roadtrips to Fort Wayne and Milwaukee next week. Have a great week everybody!! Thanks again for your support!!!! 

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5 Comments
mark Smith
1/12/2015 03:00:47 am

Great article as usual Tony. I think junk is great though. I know this because for years Jim G. told me he was amazed that I sold this junk because his quality was so much better but he sold very little. I did not have the heart to tell him it was because of his sterling personality. But the article as always sure brought back memories. Mark

Reply
Tony
1/14/2015 08:11:13 am

Haha! Thank Mark!

Reply
Tony
1/14/2015 08:12:46 am

There is no edit function on here. I meant to say Thank you Mark!

Mike
1/14/2015 07:29:34 am

Love reading this blog every Tuesday or Wednesday after you post about the weekend show! If only I lived closer would love to come to your shows u set up at and check out all those great old cards.I`m way down south in Virginia but maybe some day.Keep these interesting show reports coming!Mike in Virginia

Reply
Tony
1/14/2015 08:11:51 am

Thanks Mike!

Reply



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    Tony Gordon

    Vintage Sports Cards Addict

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