Heritage Auctions reported total first quarter sales of over $337 million, an increase of 16 percent over the same period last year. Revenue was driven by world record-breaking sales of sports memorabilia, U.S. and World & Ancient coins, comics and comic art. Even throughout the COVID-19 pandemic, the company says sales show steady, year-over-year first quarter growth: … [Read more...]
Topps Enters NFT Space with Series 1 Baseball Release
In announcing its recent move toward once again become a publicly traded company last week, Topps promised to become increasingly active in the digital/NFT world. It took only a matter of days for it to happen. Early Monday morning, the company announced the release of 2021 Topps Series 1 Baseball NFT (non-fungible token) collectibles in partnership with Major … [Read more...]
Topps and the Stock Market – A Closer Look at the Deal
One of the most iconic names in sports cards is returning to the ranks of the publicly traded. Again. Earlier this week, Topps struck a deal with Mudrick Capital (most recently of “meme stock fame”) that will result in the listing of Topps shares on the Nasdaq exchange. It’s a path the Company has trod before. Topps: What’s Old is New Founded in 1938, and incorporated … [Read more...]
Eisner Takes Topps Public in $1.3 Billion Deal
Topps is going to be a public company once again. The iconic trading card and candy maker announced early Tuesday that it had entered into a deal for with Mudrick Capital Acquisition that’s expected to close in late second or early third quarter. The deal values Topps at $1.3 billion. Topps had been publicly owned until 2007 when Madison Dearborn Partners and … [Read more...]