Fanatics Collectibles, a prominent name in the trading card industry, has taken an unprecedented step of transparency to placate collectors and dealers alike. It has enlisted the expertise of one of the Big Four accounting organizations, KPMG, to rigorously scrutinize the randomness of their card distribution. This has established a new level of industry transparency, hinting at the shifting landscape where accountability becomes a currency.
Collectors and dealers have harbored uncertainty and skepticism over Fanatics’ otherwise opaque process, speculating favoritism towards big account customers and known card breakers. At the epicenter of suspicion are the viral videos of card breakers churning out multiple high-end cards, prompting a heated debate of randomness and favoritism in the trading card market.
This laissez-faire narrative is challenged by Fanatics Collectibles, who, in an industry conference in Atlanta, unveiled their strategic alliance with KPMG. After an earnest endeavor of review and inspection for months, KPMG has put the anxieties of the collectible circles to rest. They have vouched for the randomness and fairness of the Topps card distribution process, effectively negating any hypotheses of intentional placement of valuable cards.
The CFO of Fanatics Collectibles, Greg Abovsky, has shed light on the high-value pulls by notable card breakers. Stressing the role of numbers and chance, he enthused the seemingly biased distribution as a simple confluence of the sheer volume handled by these major breakers, not a manipulation of the packing process.
The audit conducted by KPMG took the auditors to Fanatics’ Texas printing facility, where every card birthed by Fanatics sees its first light. A comprehensive review of the collation process and the job production logs was undertaken to instill transparency and integrity in the distribution process. Fanatics, in their bid to maintain industry standards, have then launched this initiative as a beacon of fairness and integrity in the collectible world.
Moreover, Fanatics Collectibles also eschews another common rumor around the trading card community. That is the suspicion of seeding boxes with valuable cards to allure potential customers for promotional campaigns. Abovsky reiterated that such practices were not part of their business model, further solidifying their commitment to randomness and fairness in their packing procedures.
Fanatics Collectibles intends to make this transparency audit an annual event. This determination underlines their commitment to their consumer base and a continual effort to debunk the murkiness surrounding the distribution processes. As the trading card market gets more intricate and valuable, actions like these draw the blueprint for other industrial players to follow suit and onboard the accountability train to a transparent future.