Thursday, August 11, 2011

Diamond Collectibles to partner with GTS Distribution

In the past 12 months there have been what some would call radical changes in distribution policies among some of the major card companies. We are beginning to see a domino effect from these changes starting with the litigation between Blowout Cards and Upper Deck, and now what appears to be the buyout of a major distributor. In a release to their customers earlier today, Diamond Collectibles stated:

"As I am sure you are aware, there have been many changes in manufacturer policies over the last few months. After much thought on how these policies and changes will affect all of us, I have made a heartfelt decision. Taking into account the best interests of you our loyal customers and my dedicated employees we will be partnering with a larger distributor. This will allow us to offer you all the lines you need to be successful and in a most timely manner. Combined with the dedication, innovation and service we have always tried to offer we will now have the tools to support you to the fullest extent.

Therefore, effective 8am EST, Monday August 15th, 2011 GTS Distribution will be taking over Diamond Collectibles Wholesale operations."

This would appear to be the latest casualty from stricter distribution policies from notably Upper Deck and Panini, in an effort to increase revenue for brick and mortar hobby stores. With so many shops running online only stores now, you can see the crippling effect this has all the way up the chain. I can't fault companies for attempting to strengthen relations with hobby stores, but at what cost and to what extreme? At some point hobby shop owners have to embrace change or risk being left behind. To assume that customers are going to stop searching online for the best deals just because you tell them to is both naive and arrogant.

Sadly, this is probably not the last statement like this we will read. Distributors are working on thin profit margins as it is. There is an old saying about not biting the hand that feeds you. Card companies may want to watch more carefully who they sink their teeth into.

Monday, August 8, 2011

My first trip to the NSCC: Everything I expected and more

Cardboard overload. That was the best way I could describe my thought process 2 hours into my first time at the NSCC. Never before had I seen so much vintage product in one place. Cards so rare and expensive I had only read about them in magazines were suddenly laying before me in glass cases like a cardboard museum. The market may be down compared to the glory days of old but it was still a breathtaking sight to behold. The charm of remake sets like Allen & Ginter suddenly take on a whole new meaning when you see an original set from 1888 for sale(unfortunately with glue stains on all the backs). There is still big money in sports memorabilia and with that allure comes scam artists looking to take advantage, as evidenced by the dealer bust on Thursday morning!

I had hoped to make it into town in time for the sneak peek Wednesday night, but that plan derailed when Megabus arrived 90 minutes late to shuttle me in from Iowa. I don't want to say it was the worst trip I've ever taken, but listening to a girl belt out UB40 songs over her headphones in a semi-conscious incoherent slur was not my idea of a good time. Thankfully once I got to Chicago everything started to fall into place.

Day 1 - Thursday

I arrive around noon and am in awe of the vastness of the room. I start with the first aisle I see and notice alot of booths with nothing priced, only high dollar items being showcased to bring in auction interest. A number of dealers are specializing in my biggest weakness, vintage wax. A staple from my childhood collecting days, shelves full of early 80's wax boxes in chronological order feel like I've stepped into a time warp. I couldn't resist and bought a rack pack of 1983 Donruss and 2 regular packs of 84 Donruss(San Diego Chicken!). Part of me longs for the simpler times of collecting before insertmania took hold but the hobby evolves, and I can enjoy aspects of both eras.

I wanted to make sure I touched base with some of the fellow twitterverse/blog people on the first day, since the FCB meetup was Thursday night. I could see at the rate I was moving I would be lucky to get halfway through the room so I skipped ahead to the Cardboard Connection radio booth, and met Rob, Doug and Russ. Their contribution to the hobby is grossly underrated and still unknown to many collectors. After chatting for a bit, it was closing time and we headed over to the FCB meet-up. It was nice to match names with faces, although it's a bit awkward at first making introductions such as, "hi, I'm waxtopia, are you stalegum?" Chris with FCB loosened things up by giving away some great prizes, and I walked away with a Leaf football printing plate and a box of 2011 Donruss Elite. Nearly everyone won something and I think we all had a pretty good time. Bummed a ride back to my hotel and eagerly anticipated my 2nd and final day at the show. It would not disappoint.

Day 2 - Friday

I was more prepared for what I wanted to accomplish on day 2. I had a collection of around 50 cards I wanted to try listing on COMC and headed there first. It was my first time listing with them, and they are definitely customer service oriented. They do things the right way and the stats on their rapidly growing site traffic was impressive.

I missed out on most of the redemption packs on day 1 and wanted to see what all the fuss was about so I headed over to Dave and Adams and bought 5 packs of 2011 SP Authentic Hockey, which got me a voucher for one redemption pack. Not expecting much, I headed over to the Cardboard Connection booth to bust my packs. To my great surprise I opened the redemption first only to find this gem:

I was literally shaking as I flashed it around to everyone nearby. As almost an afterthought, I started opening my packs of SP Auth and nearly soiled myself after finding this in pack #4:

At this point I was looking for a lotto machine. This is the sort of crazy mayhem I expected at the National, and it delivered. I also bought some cheap hockey blasters and found a great Iowa Hawkeye pennant from 1957. Overall the trip was a blast and I can't wait til it's back in Chicago.

If you have never been to the NSCC, I have to say it's something every collector should experience. I know I'll be back.