There's Money in Topps Rip Cards...Literally

[blowoutcards]

There's Money in Topps Rip Cards...Literally


Collectors love to rip open new packs of cards. Will they dare rip open the card itself? Topps is hoping to tempt some of them with one of its upcoming products.

Topps Treasury Basketball, which will go live the week of Sept. 29, will offer one autographed card and one Rip card in every 18-pack box. The Rip cards bring back the card-within-a-card concept that has been tried a few times in the hobby in the past, but this time Topps is upping the ante by offering some very tempting possibilities within the Rip card.

The exterior of the Rip cards feature one of 50 players, with each card sequentially numbered. The same 50 players will appear on mini-cards within the Rip card. Exterior and interior cards are also offered in four levels of parallels, numbered to as few as 10. Autograph mini-cards and one-of-one mini-cards featuring the NBA logoman patch are also available.

There will be no debating the value of the other insert cards titled, “They’re Money.” Actual $10, $20, $50, $100, $500 and $1,000 bills will be inserted into the Rip cards. A total of 429 cards will contain some form of cash.

The Topps Treasure base set features 100 players and 20 rookies. Each of the top 10 selections from the 2008 NBA Draft are among the rookies who have signed cards for the set. Each five-card pack carries a $5 suggested retail price.

[AmericaLovesCrap]

Isn't this basically a lottery then? Do we have to report the winnings to the state?

[CaptainBOHICA]

are 500 and 1000 bills even considered legal tender?

[bziddy]

Yeah, they are legal tender -- I think they get pulled out of circulation when banks get them however.

[hockeyjunkie99]

Originally Posted by CaptainBOHICA

are 500 and 1000 bills even considered legal tender?

They aren't in circulation anymore but I'm sure they are still legal tender. There are collectors that have plenty of them. The last time I saw a $500 or $1000 bill was in the mid to late 80's when I was a little kid.

[Zerokruel]

Originally Posted by AmericaLovesCrap

Isn't this basically a lottery then? Do we have to report the winnings to the state?

I don't know how other states work, but you don't have to report as long as it's $9999 and under.

[bradolson]

The limit is usually $600 or $1200 for lottery/gambling winnings.

[hockeyjunkie99]

Originally Posted by Zerokruel

I don't know how other states work, but you don't have to report as long as it's $9999 and under.

What state do you live in? Oh, California. I want to live there. You would think that state would one of the top states to keep tabs on peoples incomes with all that wealth floating around. Here in Florida anything over $600 has to be reported.

[go_steelers07]

Originally Posted by hockeyjunkie99

What state do you live in? Oh, California. I want to live there. You would think that state would one of the top states to keep tabs on peoples incomes with all that wealth floating around. Here in Florida anything over $600 has to be reported.

i think that's if you win something.......... but if you deposit money into a bank account, $9999.99 and under it isn't reported.

[hockeyjunkie99]

Originally Posted by go_steelers07

i think that's if you win something.......... but if you deposit money into a bank account, $9999.99 and under it isn't reported.

Good point...I'm not sure what the cap would be.....I guess I should call my g/f who works at a bank....lol