Like the marketplace for used automobiles, costs for Funko Pops are getting somewhat ridiculous. The most recent instance of that, is a collector who just lately traded six of the bobble-headed collectible figurines for a pair of 2023 Cadillac Escalades.
Junot Ignacio is the collector behind the deal, and this isn’t even the primary time he has traded Funko Pops so as to fund a brand new automobile buy, reviews Gizmodo. A controversial determine inside the collector group, his 9-to-5 job sees him function a limousine service.
In December 2022, he claimed to have spent the proceeds from the sale of some collectible figurines to purchase a GMC Yukon that was price an estimated $70,000. Then, in late January, he posted to Instagram that he was seeking to promote six collectible figurines in change for both $240,000 or a pair of diesel Escalades, costs for which begin at greater than $80,000.
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So incentivized was he to make the commerce, that he provided a $40,000 reward to anybody who may assist him discover a purchaser for all six collectible figurines. Per week later, he mentioned he can be saying goodbye to the Funko Pops.
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In February, Ignacio posted a photograph of he and one other man posing between two black Cadillac Escalades, holding a case containing the six Funko Pop bobble heads. If you happen to’re questioning why anybody would make that commerce, it’s partially as a result of inflation that Ignacio himself induced.
Whereas the overwhelming majority of Funko Pops are nugatory at this level, there’s a group of collectors that covets the rarer collectible figurines. And few Funko Pops are rarer than the so-called Venom Freddy.
Simply 24 of those toys had been ever produced for the 2019 Comedian-Con present in San Diego, they usually mix the Marvel character Venom with Freddy, Funko Pop’s personal mascot. Ignacio determined to try to accumulate as lots of the toys as he may, and ultimately bought his fingers on 18 of them.
Whereas spectacular, his capability to nook the market drew criticism, as a result of it allowed him to fairly management the costs of the bobble head. In response to one other collector who spoke to Gizmodo, earlier than Ignacio beginning accumulating Venom Freddies, they traded for round $5,000 to $8,000. After he hoarded them, although, he was capable of commerce them for between $25,000 to $30,000. By the point of Cadillac commerce, he was asking for $40,000 every. Though some discover Ignacio’s market techniques distasteful, others are merely impressed by his hustle.