Each week a limited number of sports cards, called IPOs, are offered for sale exclusively online. This new method of distribution contrasts with the traditional sale of sports cards through packs at retail stores. Collectors are then allocated a number of cards based on the number of orders for each particular card.
Card owners can then hold their cards in an online portfolio, while Topps retains physical possession of their cards in a climate-controlled warehouse in Delaware. If collectors would rather take delivery of their cards, etopps will ship them the cards for a fee. Card values are tracked from actual sales on the eBay trading floor, giving each collector an up-to-the-minute portfolio value. This facet of the program has attracted investors in addition to sports card collectors.
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