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spreads

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Everything posted by spreads

  1. spreads
    Longboxes are heavy, no doubt about it. I'm a very active male, play all kinds of sports/exercise and moving them around tires me out too. I don't think we'd put ourselves through that unless we really loved this hobby.
  2. spreads
    This stuff looks current, I was referring to the original Visions Mag (bob burden) stuff...I think it goes up to issue 9 or so but I never see any of the late books of that run.
  3. spreads
    22? I didn't think they went that high....pics!!
  4. spreads
    Almost all this stuff is very niche, I wouldn't know how to value it.
  5. spreads
    There's been a number of collections posted locally; but I'm moving in a few weeks so I can't be buying lots right now.
  6. spreads
    These labels and those bagged sets are both awesome. What type of bags are used for the sets?
  7. spreads
    That Wrightson sketch/print is awesome! Were all the Vision mags there? I think the last issues are impossible to find....
  8. spreads
    Fair enough, so we will know when this mess is resolved.
  9. spreads
    I just checked GPA, there are no tracked-sales history of this exact book, however there are many books in 8.0 with varying degrees of restoration. Out of the 9 categories for restored books in 8.0, the range based on last sale in each category is from $3100 to $6995. Clearly there's some stale data in there, but you it gives you a starting point.
  10. spreads
    So, you're saying not-paying 80-100% above FMV on something you're looking to hold for 2-3 years is a good idea?
  11. spreads
    Exactly. I think the board is 'owed' this knowledge with all the time and energy this community spent contributing to this discussion. Okay, so 20 or 30 people PM's the OP for this guy's name. What about 6 months from now when this guy pulls the same hore on someone that didn't read this thread, or read the thread but didn't get find out his name because it wasn't posted here.
  12. spreads
    You're willing to spend 10k on a book but don't want to take a few dollars and a few minutes on GPA? I work in compliance for a major investment firm, this ranks pretty high on the emotionally-charged 'investment' choices.
  13. spreads
    So you're asking if this is an 'investment'? Stick to blue-chip stocks and not comics. You should be looking at GPA analysis, it will give you a better idea - overstreet as a reference to a graded book is just useless IMO. I have an X-Men #1 yellow/purple label 3.0 I bought last year. It had minor restoration, but the price was a discount to comparable GPA sales and I was more than happy to have it for my collection long-term.
  14. spreads
    What's the history on these FOOM things?
  15. spreads
    Great stuff! I love seeing items like these, those 'priceless' memorability that might be the only one of its kind.
  16. spreads
    Great setup! I can see how a second person will be of use with the sheer length of your tables - I think i'll always be flying solo there, haha. 2k is great! How does that stack up against your other sales (is that a daily high)? I like to keep track of all that stuff....can't help it I work for an investment firm Regarding the square reader, I've only used mine a few times but I think it accepts debit cards, no? Maybe I misconstrued that comment.
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  18. spreads
    Even if the supply doesn't get absorbed, I think most of these shops have zero cost into a lot of these book because of the variants. I'm still amazed there are as many card dealers as comic guys in my town; I don't know if any are collectors or if they're all speculators.
  19. spreads
    Sounds great, look forward to your setup!
  20. spreads
    So I am not an expert on this at all, but business models of local comic stores have also changed dramatically (offering different products and service beyond just floppies). There are threads that you can find online where LCS owners actually break-down the 'weedy details' of ordering variants (cost, break-even, gross and net margins, etc. etc). As an added anecdote, a few years back I was chatting with the long-established owner of my LCS about ordering variants (for myself) and he even pointed-out the risk to the consumer using the 90s as an example. So I think the risk of established LCS going under over variants is pretty low (it would be one of many factors in their demise). The 90s was really an example of 'putting all your eggs in one basket'....for all the shops that went out of business I bet there was very little risk analysis done when they were putting these big orders in to their distributors - I was just a kid then seeing copies of over-ordered books on the shelf - so I would like others to chime in with greater specifics.
  21. spreads
    I made these comments in my first post, it's not just that these asset classes are at the highest valuations, they provide additional cushion to related asset classes/discretionary spending (like comics) because they offer collateralized-borrowing. Again, to say the this is the 90s is grossly ignoring the changes in consumer credit/spending, interest rates, etc. that has a major influence on the economy.
  22. spreads
    I appreciate your diligence, you get back on the wagon (horse?) and off to the next one. I might have to miss my next show as we take possession of our house a week later (plus we need to open-up our cottage for the first time) and I would rather get my boxes sorted before then. Plus I'm not getting the movers to move my comics, I'm sure they'll do a good job but I'd rather handle it on my own. No 4000 box loads to worry about so it's manageable.
  23. spreads
    I get that, but what percentage do these 'gimmicks' represent of the total collectible comic market? I'm willing to wager it's < .001%. Revat and Valiantman both commented on the differences between the 90s and now, did you read their posts? The definition of a crash is a systematic macro event that has a significant affect on every participant in that industry - e.g. the banking crisis of 2008. I was actively trading in the equity markets; having both long and short positions in many of those stocks. Lehman brothers, Merrill, JPM, etc. etc. No one was spared, but the banks that were lesser affected - Canadian banks in particular - ended up stronger after the dust settled.
  24. spreads
    I think to use this example to compare it to the 90s pre-collectible crash is grossly ignoring the fundamental macro-economic differences between now and then. Look at what has happened in the past 10 years in a zero interest rate environment? Equity Markets at all time highs, bond markets had a 30+ year run, home prices at all-time highs, rare artwork selling for absurd amounts of money. The point is, all of these assets have gone through the roof because of their negative correlation to low interest rates. Sure that 60k item could definitely crash tomorrow, but unless there is a sudden dramatic macro-socioeconomic event it's not likely a whole collectible asset class (like comics) will crash. People still have all these other asset classes with value at all-time highs, it's easy collaterialized-borrowing to provide support. Will comics become not-collectible over the next 10-50 years? Maybe, but who knows and it won't be a sudden shift in price across the board.
  25. spreads
    So to summarize, manufactured collectible?