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Black_Adam

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Posts posted by Black_Adam

  1. 2 minutes ago, kimik said:

    Definitely. I snagged a couple of copies of FF #4 (CGC 5.5 and CGC 7.0) in November/December 2018 thinking it was overdue for a jump. The CGC 7.0 copy was a mistake that will work out - I was putting in proxy bids late at night on a Heritage auction after a few drinks and thought for sure that I was bidding on FF #5 instead of the FF #4 CGC 7.0. Thank goodness my bid was not run up to the level it was really at for an FF #5 instead. lol 

    Speaking from personal experience, drinking during comic auctions has led to many expensive hangovers... :facepalm:

  2. 4 hours ago, Jaydogrules said:

    FF 5 certainly made nice gains last year (FF 4 to a lesser extent), but was no FF1 or X men 1 which essentially more than doubled and tripled in many grades.   

    Is there anything you think that could do something remotely like that this year, or even just go up a "measly" additional 50%?

    -J.

    Not a mega key but my vote is for Silver Surfer #1 - harder to find in high grade than Fantastic Four #48 (and a way cooler cover IMO)

  3. Anyone else had any issue with receiving payment from Comiclink for previous auctions? Normally it takes no more than two months, but I sold some books there last year (November) and still haven't received payment. I contacted them a month ago and they said the check must have been lost in the mail and they would send another ASAP. Asked them last week to confirm whether a replacement check had been sent and was told they were busy but would look into it and get back to me. Still haven't heard anything... :censored:

  4. 10 hours ago, pemart1966 said:

    Gotta love a Canadian shipping to a Canadian within Canada charging postage in US $  lol

    It was a boards transaction, no one here accepts Canadian because they'e been sent too many Canadian Tire dollars in the past and have a hard time telling the difference. :whistle:

  5. 16 hours ago, ThatNerdyCanuck said:

    I'm not happy that eBay has started collecting taxes on purchases. Recently books I've been buying and have sent to my PO Box in WA have been taxed up the ying yang. 

    I'm in the same boat. State sales tax is also now being charged by both Comiclink and Heritage (due to the Wayfair Decision). I would just abandon my mailbox in Point Roberts, WA if it wasn't for the fact that so many eBay sellers refuse to ship to Canada. :pullhair:

  6. 9 minutes ago, manetteska said:

    This is even more glaring in GA. If you are second bidder on an ASM 1 there are many others available. Usually GA is one and done (for quite some time; or available next week on the boards). 

    This may be more “opportunist” than “knowing the market”. How can one know the market if a book has not been sold publicly (Heritage, CL, etc) in five years? I think too much credit is given. 

    Agreed, rare GA is very tricky. In addition to flippers you also have to deal with deep-pocketed collectors who can scorch you in a bidding war. :flamed:

  7. 9 minutes ago, Bird said:

    Yes, but the flip side (see what I did there) is that had the flipper not purchased the book to flip then the price would likely have been lower and perhaps much lower. Then the flipper adds his flipping flipness to it and it is sky high. But now the prior sale is evidence of "fmv" when all it is was evidence of deep flipping pockets.

    There is no right or wrong here, just different approaches. I see more than one lesson in your scenario, I see a lesson of bid what you are comfortable at and another book will be along shortly to gobble up your dollars.

    I agree, but hope this very simplistic example illustrates my personal point of view:

    A seller has a comic listed that everyone agrees - FMV, GPA, whatever - is worth $1,000. Issues in this grade (most of the comics I bid on aren't a 9 on the Gerber scale) sell regularly for this amount.

    I want this comic but also want a deal so I am hoping to get it at 20% lower - $800.

    A flipper immediately outbids me to $900.

    At this point I could bid $950 - with shipping I will probably be paying close to FMV - or I could just bid $1,000 - the amount the seller is hoping to get. Also, the flipper at this point is likely to drop out as if he bids $1,050 (and adds shipping) it is going to be awhile before he is going to make any profit on his investment. Instead, I reluctantly drop out of the bidding and decide to wait - like I said, I want a deal (issues of the comic in this grade are listed regularly).

    The flipper wins the comic at $900 and promptly relists it at $1200.

    If I am disappointed it is only because he got the deal I was hoping to get. :tonofbricks:

  8. On 2/23/2019 at 6:09 PM, Fan Boy said:

    Only if it’s not over $2500 value. And I am staying for 4 days in the U.S. so I am allowed duty free wavier said amount. I have done that before in the past. 

    As a fellow Canadian, this is actually one of the things I wonder/worry about. I know if you are in the USA for more than 48 hrs you have an $800 duty free exemption on any goods bought there, but does Canada Customs ever ask for invoices? I'm assuming if you are returning with comics bought at ECCC you have no proof of price paid...

     

  9. MyComicShop, as mentioned, is a great place to consign slabbed comics at a set price: they scan the books, post them on eBay (at a 10% higher markup than the MCS website) and handle all the shipping and payments for a reasonable commission (the same as if you had actually sold the comic yourself on eBay in most cases). Consigning raw comics is a little more tricky as MCS is notoriously conservative in their grading and you probably won't agree with the grade (though you can just list the comic at a selling price as if it had been graded with the grade you felt it deserved). You can also elect to list the comic at any time in one of their weekly auctions, though my experience has been that the auctions don't achieve nearly the same results as Comiclink. I'm assuming because they aren't as well known and attract far less bidders.

    If you want to auction your comic (slabbed - I don't think they do raw) Comiclink is definitely the place to go IMO.