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January 2011 Trading Stats Broken Down
Sunday, February 6, 2011
Posted by jaygross
Comments: 0

At the end of 2010, we made an enhancement to the trading manager that allowed members to specify the type of deal they were making (Trade, Buy, Sell, Private Signing, 50-50/Consignment). So far it has worked out pretty well and we'll soon be making a slew of further enhancements to tracking your deals.

I spend quite a bit of time analyzing site data to understand what is working best on the site and help us decide what features to build next. I thought it would be interesting to share some stats around trading on SCN for the month of January 2011:

Total January Confirmed Trades: 1986
January Confirmed Trades with feedback: 1063 (53%)

January Confirmed Trades Feedback Breakdown:
Positive: 1783
Neutral: 1
Negative: 1

A little bit of explanation about the numbers:

In the month January 2011, there were 1986 deals that were agreed to by both members on SCN. By the beginning of February (the time of this post), more than half of those (53%) had resulting in at least one of those members leaving feedback for the other.

For those 1063 deals with feedback, there were 1785 feedback ratings left. Of those 1785 ratings, 1783 (99.89%) were positive - meaning the overwhelming majority of members making deals and leaving feedback were satisfied. Bravo to the awesome traders and collectors on SCN.

I was a little surprised by the percentage of 50-50/Consignment transactions being so high at 28%. My take is that a good percentage of these deals are related to members getting autographs in Florida and Arizona in the next 6 weeks at Spring Training.

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Super Bowl Prediction Contest
Monday, January 24, 2011
Posted by jaygross
Comments: 1

The premium member who accurately predicts the winning team, final score, and MVP of the 2011 Super Bowl will win 1998 Ron Mix Hall of Fame postcards signed by Andy Robustelli and Gino Marchetti.

To enter, premium members can visit the contest thread on the message board and provide the following information:

Winning Team:

Please only enter this information and nothing else, as all comments will be removed. Contest submissions will be open up until the morning of the big game.

In the event that multiple members enter the same winning information, we will only consider the first person to submit their prediction. So please check not to enter the same information as another member.

Once you make your picks, you will not be able to edit them.

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Good Bye Tuff Stuff
Tuesday, January 11, 2011
Posted by jaygross
Comments: 1

SportsCollectorsDaily is reporting that Tuff Stuff Ceases Publication. This marks a pretty interesting, but inevitable event for the hobby. Thanks to kdunkin for posting this on our message board.

SportsCollectorsDaily writes in the article:

Newspapers and magazines have taken the brunt of the rapid switch to an electronic-based information system in recent years. The impact has been felt in the sports memorabilia industry with various cutbacks taking place on the number and variety of print issues produced and the size of many of the hobby’s long-running publications. Now, F+W Publications, parent company of Tuff Stuff Collectors Monthly and Sports Collectors Digest, has laid off four sports editorial staff members and will cease publication of Tuff Stuff after the upcoming February issue.

Tuff Stuff, which began 25 years ago, caters mostly to collectors of modern era cards. The magazine featured a color cover, with articles and pricing information inside. It was one of the few hobby publications with a distribution base that included many drug, grocery and convenience stores across North America.

Staffers say declining ad revenue was the reason for the sudden shutdown of the magazine.

I have never been a fan of printed monthly price guides, as I feel the values they contain do not accurately reflect market values. And the values certainly don't get updated adequately after cards are intially released - just look up Tim Couch or Akili Smith rookie cards and try to find anyone who would pay anything near those values. If I was to look at one magazine, it would always be Tuff Stuff before Beckett. I preferred their format and column features, plus SportsCollectors.Net has been mentioned in the magazine quite a few times.

Both the Tuff Stuff and SCD online site have always been seriously lacking. They never adjusted with the times and built out all the features collectors wanted - community, marketplace, online price guides, etc. I always assumed they didn't want to compete with their print editions and were scared a top notch web site would turn off their advertisers (mostly big auction houses). They missed a fantastic oppurtunity and allowed others to fill these voids

My guess is that Beckett won't suffer the same fate, as grading sports cards (or a license to print money as I refer to it) has completely enhanced their business model. Their site really is nowhere near where it could potentially be, but they have done a much better job than the Krause sites. While I think their price guides aren't so useful, they do have market share as being the top known hobby publication.

With all of that said, sites like this one and seem to do a better job providing collectors the information and community they are looking for. Theses sites provide us with unprecedented access to up to date and accurate information, in addition to the opportunity to connect with other collectors.

I'm planning to spend considerable resources this year adding functionality and content to both sites to help better serve sports collectors. As always, I thank everyone for using these sites, contributing to them, and providing great feedback.

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