Contest with POLL chompsmcgee= winner! HUGE Card purchase

[jbhofmann]

Earlier this week, I ran an idea past a crowd of members. I was thinking that we could pool resources and buy one really nice card. It could be vintage, shiny, or Garbage Pail Kids. I don't plan on running it, but I thought I would put a poll out there to see what interest is brewing. My thought was this card could be displayed at the FCB booth at Nationals, placed in the header of the website, and taken to other large events. Basically the "stockholders" could have input and vote when they think we should move it and cash in or trade up. Just a thought, so please vote then post your thoughts. I will randomly pick a winner who will get $25 paypal from the posts in the thread, no questions asked. FCB, this is our chance to do something really cool, let's do this.

 

[MOFNY]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I think if we got a lot of people to do it and buy something truly memorable. $10 from a hundred people could buy an exceptional card. It might get tricky beyond that.

 

[gt2590]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I really like this idea. It showed up in the recommendation thread Chris started and I'm gonna stick with my $25 suggestion. I think that total is low enough to let more folks in and to keep anyone from being tempted to do something stupid.

For example, if we get 2000 members, which is only about less than half to "chip in", that'd be more than enough... :shock:

And we'd have to have polls/threads/posts about to start deciding on possible cards to go after.

 

[A_Pharis]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted no, because it'll get tied up with "Who gets to possess the card?" and "What if I want to sell, now, and you want to hold it longer?"

 

[padremurph]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

$10-$25 seems reasonable in my book, anything over that seems like a stretch.

Really like the idea though.

 

[ebechols]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted for $50, but that is only with shares being issued with the ability to trade or sell the shares. I have seen this done before, and it can be done successfully. The card would need a an annual valuation at the minimum, with quarterly or bi-annual voting if the card were to be sold outright. The card would need to be stored in a safety deposit box or vault unless on display for a function, and depending on the value of the card, insurance would have to be taken out for theft or damage.

 

[1st4040]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

Im out unless the Strasburg or Harper Supers become available for sale or we can raise enough funds to draw out the Legendary Longoria super as that would be the only card we could display that nobody has seen at least once before..

 

[Superfractor]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

Perhaps it's just me - just recently returned to the hobby/FCB - but I do not think we would have the amount of postulated participation it has been claimed. One-hundred seems like a generous number. Again: just got back into the mix of the FCB community. It gets quite complicated if the notion of selling comes into play - I just feel the ass-holes would try to get around this with a "portion not received" BS.

 

[Fandruw25]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted no, because it'll get tied up with "Who gets to possess the card?" and "What if I want to sell, now, and you want to hold it longer?"

Pretty much the same reason I voted no.

 

[jbhofmann]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted no, because it'll get tied up with "Who gets to possess the card?" and "What if I want to sell, now, and you want to hold it longer?"

Pretty much the same reason I voted no.

To answer some of your doubts:

I think a safe deposit box owned by the group in an Atlanta bank (close to FCB) would be the best bet for storage. The "stockholders" would rule on the selling of the card. I would say majority rules.

 

[phillyfan0417]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I would be in for up to 25 if it was a card that had a chance to increase in value and also who was going to hold the card. There are only a few people I would trust to hold a card worth that much.

 

[jbhofmann]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I would be in for up to 25 if it was a card that had a chance to increase in value and also who was going to hold the card. There are only a few people I would trust to hold a card worth that much.

This is key, that's why I wanted to get input from prospective buyers.

 

[timfsu2k]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted "no" but if it were to become a seriously considered venture you should stick to the lowest amount possible. That way when the inevitable disputes come up, no one will be out a large sum of money.

 

[phillyfan0417]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I'd probably put more into a "mutual fund type" thing though where you had a portfolio over just one card.

 

[cygtr]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted for $50, but that is only with shares being issued with the ability to trade or sell the shares. I have seen this done before, and it can be done successfully. The card would need a an annual valuation at the minimum, with quarterly or bi-annual voting if the card were to be sold outright. The card would need to be stored in a safety deposit box or vault unless on display for a function, and depending on the value of the card, insurance would have to be taken out for theft or damage.

I voted for $50 as well. I like the idea of everyone having a share of the card and being able to sell or trade to someone else.That way individuals are not locked in to whatever the group as a whole decides to do with the card. I also like the quarterly valuation idea. As for the card I would want something vintage.

 

[steve-a-reno]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I just couldn't see it turning out well. I doubt there would be enough members involved willing to throw in enough to get a truly iconic card. Not to mention, think of all the bickering that goes on about cards that people don't even own. Now they own the same card together? The site might just explode... :lol:

In a perfect world, good idea, realistically, not so much. IMO.

 

[oiccup41]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

I voted no because I would rather invest money in something that I can possess. I don't think that this is a bad idea though.

Wasn't there a company that did something like this a few years ago? I seem to remember receiving emails from a company saying that I could buy "stock" in a particular card and I could pull out or trade my "stock" at any time. I think that weekly or monthly they would would have a different card to invest in.

 

[studioclint]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

All I can say is Radio Active man #1.

 

[ChasHawk]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

All I can say is Radio Active man #1.

beat me to it

 

[jbhofmann]

Re: Contest with POLL $25 Paypal to winner! HUGE Card purchase

All I can say is Radio Active man #1.

beat me to it

You better vote for $200 then