Like all collectibles, the sports memorabilia market has its own terms and slang. The following is a brief definition and explanation of the most frequently used sports collecting terms.
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| ||A collector's or dealer's list of items he is wishing to buy. Often, a collector will send a dealer a "want list," and the dealer will try to locate the items on the list.|
| ||A loose term that describes unopened packs of cards.|
| ||A box containing individual wax packs (usually 36).|
| ||A wholesale unit that contains wax boxes (usually 20)|
| ||A card dealer that specializes in unopened material.|
| ||An unopened pack of cards, named for its traditional form of packaging: wax-coated paper that is sealed shut at the factory by simply applying heat. Wax packs may contain anywhere from one to 15 cards.|
| ||A stain on a card caused by the wax on the card wrapper. Wax stains on a card front can be removed, due to the coating on the card surface, while wax stains on the card reverse are permanent.|
| ||Usually paper, wax, or cellophane used to cover and encase a group of trading cards.|