Oh Super Sweet 90's Inserts.... #3

DeliciousBacon said:

Greg Layton said:

This seller just put up 237 1997 Platinum Medallions. These don't pop up very often, at least the Daulton doesn't.

http://shop.ebay.com/ronnyo/m.html?_nkw ... op=1&_sc=1

Good luck.

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Oh man...stuff like that is why I secretly miss having ebay.

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BunchOBull said:

predatorkj said:

mansgame said:

Some great info and points about Burbank, thanks guys. I've made some purchases from them but mostly on their cards under $5. As most, I'm to the point in my player collection where most cards I need are tough to find and aren't cheap. I was shocked to notice Burbank had SO many that I'm in search of. I've emailed the guy over there and he is pretty good at communicated and it seems he can skim like 10% off any price if you ask, which is good to know.

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What's awesome to me is if they did indeed buy a lot of their stuff from a collection in Hawaii(rumored to be a collector who died), then man...can you imagine having a collection like that? Makes you wonder just what's out there that we don't know about. Somebody with a lot of money that has a taste not just for super high end but...everything.

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My understanding is that the super collector was 100% real. He was a multi-millionaire by the name of Clarence T.C. Ching. His family is extraordinarily wealthy, having land as their means to fiscal prosperity. And having land in Hawaii basically makes you informal royalty in the islands. They were among the first of the Chinese immigrants who ended owning huge tracts of what would later become the City of Honolulu and beyond. They're still one of the wealthiest families in the entire state. Their holdings are vast and nearly unimaginable to the average citizen. Informal estimates I've heard on the grapevine put the entire family's holdings in the billions of dollars.

http://www.clarencetcchingfoundation.org/

And when the old guy bought cards, he did so not by doing cases of product - but *dozens and dozens* of cases of product at a time. Second hand, I've heard that the dealer who dealt with him would close down the shop - just so he and his staff could help him bust up the product and organize the hits over the course of an entire day.

Rumor is that when he passed, Upper Deck literally lost 10% of their company's value overnight...he was apparently their biggest customer.

His collection was valued, at the time of his death, a conservative book of between 3-5 million dollars. It was held in several large containers at a storage company he owned - one tiny part of many of the family's businesses.

A local-to-the-island, still active dealer helped negotiate on behalf of the family with Burbank. The selling price was $900K, literally one-fifth the value. And if you all remember, this all happened just as the 90's insert craze had begun. That meant the real dollar value was closer to double what the book was at the time.

Much of the funds generated went to the University Of Hawaii Manoa as part of an education grant.

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riveraXVX said:

DeliciousBacon said:

Greg Layton said:

This seller just put up 237 1997 Platinum Medallions. These don't pop up very often, at least the Daulton doesn't.

http://shop.ebay.com/ronnyo/m.html?_nkw ... op=1&_sc=1

Good luck.

Click to expand...

Oh man...stuff like that is why I secretly miss having ebay.

Click to expand...

I think this might be the guy who posted on the beckett forums a number of months ago who had the full set and was debating on how to unload them

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bear0555 said:

BunchOBull said:

predatorkj said:

mansgame said:

Some great info and points about Burbank, thanks guys. I've made some purchases from them but mostly on their cards under $5. As most, I'm to the point in my player collection where most cards I need are tough to find and aren't cheap. I was shocked to notice Burbank had SO many that I'm in search of. I've emailed the guy over there and he is pretty good at communicated and it seems he can skim like 10% off any price if you ask, which is good to know.

Click to expand...

What's awesome to me is if they did indeed buy a lot of their stuff from a collection in Hawaii(rumored to be a collector who died), then man...can you imagine having a collection like that? Makes you wonder just what's out there that we don't know about. Somebody with a lot of money that has a taste not just for super high end but...everything.

Click to expand...

My understanding is that the super collector was 100% real. He was a multi-millionaire by the name of Clarence T.C. Ching. His family is extraordinarily wealthy, having land as their means to fiscal prosperity. And having land in Hawaii basically makes you informal royalty in the islands. They were among the first of the Chinese immigrants who ended owning huge tracts of what would later become the City of Honolulu and beyond. They're still one of the wealthiest families in the entire state. Their holdings are vast and nearly unimaginable to the average citizen. Informal estimates I've heard on the grapevine put the entire family's holdings in the billions of dollars.

http://www.clarencetcchingfoundation.org/

And when the old guy bought cards, he did so not by doing cases of product - but *dozens and dozens* of cases of product at a time. Second hand, I've heard that the dealer who dealt with him would close down the shop - just so he and his staff could help him bust up the product and organize the hits over the course of an entire day.

Rumor is that when he passed, Upper Deck literally lost 10% of their company's value overnight...he was apparently their biggest customer.

His collection was valued, at the time of his death, a conservative book of between 3-5 million dollars. It was held in several large containers at a storage company he owned - one tiny part of many of the family's businesses.

A local-to-the-island, still active dealer helped negotiate on behalf of the family with Burbank. The selling price was $900K, literally one-fifth the value. And if you all remember, this all happened just as the 90's insert craze had begun. That meant the real dollar value was closer to double what the book was at the time.

Much of the funds generated went to the University Of Hawaii Manoa as part of an education grant.

Click to expand...

The website states that Clarence T.C. Ching passed away before UD ever existed:
http://www.clarencetcchingfoundation.or ... e-tc-ching

A family member, maybe?

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George_Calfas said:

B.O.B. is correct on the numbers, I was mistaken. The offer from the East Coast dealer (Eddie) was 15 $100K payments and Burbank made the $900K lump sum offer.

I lived in Hawai'i from 1998-2000; I meant the collector several times and it was not Clarence :lol:

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mansgame said:

George_Calfas said:

B.O.B. is correct on the numbers, I was mistaken. The offer from the East Coast dealer (Eddie) was 15 $100K payments and Burbank made the $900K lump sum offer.

I lived in Hawai'i from 1998-2000; I meant the collector several times and it was not Clarence :lol:

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Hmmm and they story keeps taking turns... Who was the collector then?

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BunchOBull said:

Misunderstanding of the story on my part, apologies; however, I'm fairly certain the dealer who brokered the deal did it for the Ching family. I'll ask some questions and get some clarification.

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George_Calfas said:

mansgame said:

[quote="George_Calfas":35rwp30c]B.O.B. is correct on the numbers, I was mistaken. The offer from the East Coast dealer (Eddie) was 15 $100K payments and Burbank made the $900K lump sum offer.

I lived in Hawai'i from 1998-2000; I meant the collector several times and it was not Clarence :lol:

Click to expand...

Hmmm and they story keeps taking turns... Who was the collector then?

Click to expand...

Greg Layton said:

This seller just put up 237 1997 Platinum Medallions. These don't pop up very often, at least the Daulton doesn't.

http://shop.ebay.com/ronnyo/m.html?_nkw ... op=1&_sc=1

Good luck.

Click to expand...

miguelcabrera said:

Greg Layton said:

This seller just put up 237 1997 Platinum Medallions. These don't pop up very often, at least the Daulton doesn't.

http://shop.ebay.com/ronnyo/m.html?_nkw ... op=1&_sc=1

Good luck.

Click to expand...

whats the deal with these? numbered?

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Russ S. said:

miguelcabrera said:

Greg Layton":1oruhpwj]This seller just put up 237 1997 Platinum Medallions. These don't pop up very often said:

http://shop.ebay.com/ronnyo/m.html?_nkw ... op=1&_sc=1[/url]

Good luck.

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whats the deal with these? numbered?

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Print run of 200.
Hard to find though.[/quote:1oruhpwj]


thanks
they are certainly nice looking card

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George_Calfas said:

mansgame said:

[quote="George_Calfas":2i9balpl]B.O.B. is correct on the numbers, I was mistaken. The offer from the East Coast dealer (Eddie) was 15 $100K payments and Burbank made the $900K lump sum offer.

I lived in Hawai'i from 1998-2000; I meant the collector several times and it was not Clarence :lol:

Click to expand...

Hmmm and they story keeps taking turns... Who was the collector then?

Click to expand...

BunchOBull said:

My understanding is that the super collector was 100% real. He was a multi-millionaire by the name of [strike:2pmay8zf]Clarence T.C. Ching[/strike:2pmay8zf] Lawrence S.L. Ching. His family is extraordinarily wealthy, having land as their means to fiscal prosperity. And having land in Hawaii basically makes you informal royalty in the islands. They were among the first of the Chinese immigrants who ended owning huge tracts of what would later become the City of Honolulu and beyond. They're still one of the wealthiest families in the entire state. Their holdings are vast and nearly unimaginable to the average citizen. Informal estimates I've heard on the grapevine put the entire family's holdings in the billions of dollars.

http://www.clarencetcchingfoundation.org/

And when the old guy bought cards, he did so not by doing cases of product - but *dozens and dozens* of cases of product at a time. Second hand, I've heard that the dealer who dealt with him would close down the shop - just so he and his staff could help him bust up the product and organize the hits over the course of an entire day.

Rumor is that when he passed, Upper Deck literally lost 10% of their company's value overnight...he was apparently their biggest customer.

His collection was valued, at the time of his death, a conservative book of between 3-5 million dollars. It was held in several large containers at a storage company he owned - one tiny part of many of the family's businesses.

A local-to-the-island, still active dealer helped negotiate on behalf of the family with Burbank. The selling price was $900K, literally one-fifth the value. And if you all remember, this all happened just as the 90's insert craze had begun. That meant the real dollar value was closer to double what the book was at the time.

Much of the funds generated went to the University Of Hawaii Manoa as part of an education grant.

Click to expand...

RustyGreerFan said:

Wow, that was just in 2007? I thought Burbank's stash had been online longer than that...

Just think if he had lived another ten years... I wonder if he single-handedly made an impact on the hobby?

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