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Post by Deleted on Jun 20, 2021 13:30:12 GMT -5
Heard this might be a good bet?
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Post by Bronze age andy on Jun 20, 2021 13:44:11 GMT -5
Heard this might be a good bet? I'd say it's a very safe bet. A lock. I wonder how Marvel Spotlight 28-29 are gonna do.
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Post by james on Jul 28, 2021 8:19:52 GMT -5
Lately, I have been selling some of my comics because they have become hot with the idea that in a year or so I will be able to buy most of them back at a fraction of what I sold them for. Does anyone have an idea of what the turn around looks like from past experience of selling their books?
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Post by Deleted on Jul 28, 2021 8:38:57 GMT -5
Lately, I have been selling some of my comics because they have become hot with the idea that in a year or so I will be able to buy most of them back at a fraction of what I sold them for. Does anyone have an idea of what the turn around looks like from past experience of selling their books? I don't think there's any real predictability to how the current market may follow previous patterns, everything is highly speculative and it's going to be a gamble that may work for some books, but not so much for others. Anyone who tells you "the bubble will burst and everything will come back down" or "this is the new normal and prices will stay at these levels or higher" is broad-brushing in my opinion. Nobody really knows. That said, my personal opinion, I think we may continue to see volatility and while I do think some "bubble bursting" may happen in some form, hard to predict which books will tank and which will have a firmer floor. The exponential increase in buyers due to exposure of many characters in movies/TV era may have ushered in some significantly lasting impacts on one hand as a key example, but "hyper speculation" may still not have the fundamentals in place for the long run, and let's not forget the potential shorter term impact of pandemic fueled spending that could also see a strong reversal.
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Crimebuster
CCF Podcast Guru
Making comics!
Posts: 3,915
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Post by Crimebuster on Jul 28, 2021 9:45:12 GMT -5
Lately, I have been selling some of my comics because they have become hot with the idea that in a year or so I will be able to buy most of them back at a fraction of what I sold them for. Does anyone have an idea of what the turn around looks like from past experience of selling their books? I think it depends. Some of these "hot" books are just dumb speculation, like Defenders 112 for a character that turned out to not actually be in anything. Other books though I personally don't think we're going to see affordable again, like Avengers 8.
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Post by james on Jul 28, 2021 12:21:30 GMT -5
Lately, I have been selling some of my comics because they have become hot with the idea that in a year or so I will be able to buy most of them back at a fraction of what I sold them for. Does anyone have an idea of what the turn around looks like from past experience of selling their books? I think it depends. Some of these "hot" books are just dumb speculation, like Defenders 112 for a character that turned out to not actually be in anything. Other books though I personally don't think we're going to see affordable again, like Avengers 8. Yes I am thin on golf more the speculation. Marvel movies introducing characters etc
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Post by Deleted on Jul 28, 2021 13:13:52 GMT -5
Lately, I have been selling some of my comics because they have become hot with the idea that in a year or so I will be able to buy most of them back at a fraction of what I sold them for. Does anyone have an idea of what the turn around looks like from past experience of selling their books? I think it depends. Some of these "hot" books are just dumb speculation, like Defenders 112 for a character that turned out to not actually be in anything. Other books though I personally don't think we're going to see affordable again, like Avengers 8. I agree. I think some of the blue chip books will likely never come back down to earth. There may be a market correction and they may drop a little, but I think they will retain their gains for the most part. For some books that aren't quite blue chips, but were seriously undervalued for what they were (like Avengers 8), I don't think those will regress much either. The other stuff, there will likely be some kind of market correction down the line with the following caveat-they won't go down unless and until demand for them dies off. It's a demand driven market. Supply is almost irrelevant at this point as nothing, not even the blue chip books, are truly rare. It's just a matter of how well demand is fed by supply and what is the price point where people that people are willing to pay for it to still be in demand. If it's price goes beyond what people are willing to pay, demand will drop off. There seem to be people willing to fork over the money no matter what the prices rise to on blue chip books, which is why I don't foresee those prices really dropping to any significant degree. There may be lulls and times where the movement on those books slows, but even a minor price decrease would reignite the market on them and cause prices to rise again. (I can't believe O now have to use a redundancy like this but...) Significant keys (as opposed to "keys" that are purely speculative) likely fall in the same category. Where the largest fluctuation will be (and likely the most significant drop off) is in those speculative keys where demand is spurred by hyped things that have an expiration date, and which will see their demand drop off when that short-live booster hype fades from the public eye and pop culture spotlight (some of the Vision and Scarlet Witch books or John Walker books and others of that ilk come to mind here). Books where the demand is only a short term phenomenon and doesn't have legs are the likeliest candidates for regression. If demand dries up for those books, prices will come down. The question will be what is the happy medium for books in terms of prices and demand? What is the price level that books can sell at and maintain enough demand for them to move consistently and not dey up the demand. For a lot of books, the answer is going to be significantly higher than pre-pandemic levels. For others, they will be flashes in the pan and will lose most of the value they gained. The trick (and the problem) is that it is hard to predict which of the speculative keys will emerge as truly significant keys, and which ones will be forgotten. I wouldn't sell now unless you are at peace with the idea of no longer owning the book, as there are no guarantees it will be affordable in the future if you want to reacquire it. If you are buying in this market, I wouldn't buy unless you are at peace with owning the book long term at the price you paid for it, as there is no guarantee you can flip it and not take a loss in the future. Past performance is not really indicative in this current market, and there are too many variables currently. A lot of new buyers have come into the market in the past 2-3 years (particularly the last 2) and created a new paradigm for demand. They are seeking both the blue chip books and the speculative keys. How many stay in the market is uncertain. If they stay, but give up on the speculative keys and focus on blue chip keys and truly significant keys, prices for those could continue to soar for a while while the flash in the pans die off. Some of that new customer base will disappear when they stop making money flipping books, but some will stay for a longer haul. And some older collectors will cash out and not be in the game any more either, or shift their focus away from the the Marvel keys that are dominant now to other things (other publishers, other genres, other eras, etc.). It's hard to predict and too many of the variables are of a different nature than the 90s speculation boom to make even that a reliable predictor of future behavior (for one the internet marketplace making books more accessible and providing more resources and opportunities to buy or sell books didn't exist then and that changes the game significantly from that era of speculation). So it really is wait and see. Some books will continue to soar and hold their gains, others will crash and regress. But which is which is all wild speculation and I wouldn't count on being able to get stuff back affordably in the future, or of being able to move stuff at a profit in the future. If you have stuff you are content to move on from, now's a good time to sell, but if you are not content to move on from it, I wouldn't risk the seller's remorse if you can't get it back for less in the future. -M
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Post by james on Aug 3, 2021 1:44:46 GMT -5
It’s 242am eastern time and I just woke up from a dream where my brother (who doesn’t collect comics) was letting me go through all these CGC books. Most were Spider-Man and I was deciding which ones to sell and which ones to keep. I was in heaven! Then I woke up.🤦🏻♂️😔
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Post by Ozymandias on Aug 3, 2021 3:31:36 GMT -5
What's commonly known as a wet dream.
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Post by MDG on Aug 3, 2021 8:14:14 GMT -5
What's commonly known as a wet dream. Good thing they were slabbed...
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shaxper
CCF Site Custodian
Posts: 22,333
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Post by shaxper on Aug 3, 2021 8:18:33 GMT -5
FWIW I sent my books in to CGC during the first week of May. CGC finally acknowledged their arrival two weeks ago and still has not begun grading them yet. With CGC this backlogged, the market is really going to feel it once the bottleneck opens up and suddenly ebay is flooded with CGCed copies of hot books.
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Post by MDG on Aug 3, 2021 8:23:22 GMT -5
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Post by Ozymandias on Aug 3, 2021 9:19:38 GMT -5
Slab vs Raw. That'd be a good topic for discussion. Does it exist here?
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Post by Graphic Autist on Aug 3, 2021 10:17:54 GMT -5
My question regarding slabbed books, which didn't even exist when I started collecting, is this: Does it bother the people buying these that they can never view the contents of the book without breaking the slab open? The thought of me owning a comic I can never look at or flip through to examine seems silly.
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Post by tartanphantom on Aug 3, 2021 10:26:50 GMT -5
FWIW I sent my books in to CGC during the first week of May. CGC finally acknowledged their arrival two weeks ago and still has not begun grading them yet. With CGC this backlogged, the market is really going to feel it once the bottleneck opens up and suddenly ebay is flooded with CGCed copies of hot books. And therein lies a problem for the little guy. Large volume CGC dealer accounts clog the process and get preferential prioritization. Meanwhile, individuals are waiting for months, paying a premium for the process based on market value at the time the book is graded, and then getting their books back later in the game. By this time, prices and demand may or may not have tanked on a book, but the individual is already locked into a minimum floor value in order to break even on selling the book.
It's one of the reasons why I just don't play that slabbing game.
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