Famous last words.
If Af 15's go down then the hobby is obviously dead as well.
Speaking of "long lines", there are, as I type, 25 copies of Fantasy #15, in various flavors, on eBay alone. If there were people in line to buy them, why would so many copies be available for sale?
That there are lots of people who would pay "for the right price" or "if they had the money", but that doesn't really count, does it...? I would buy one for the right price. Am I "in line" to buy one? No.
There are long lines for Fantastic Comics #3. There are plenty of people in line for a copy of that book....any copy.
And there have been times...hard though it may seem...that even the "third most important comic" has gone down in demand, and therefore value.
The ones on eBay are only Buy it Nows with well over market value asking prices.
Just because there is a line to buy them doesn't mean people who have 1% of a brain are going pay 5.0 money for a 2.5 copy.
Dealers can't keep them in stock. They come in and sell very quickly.
That illustrates the point. Price IS a factor that is preventing these "long lines" of people from buying one. If the price was ever spiraling upwards, what is "5.0 money" today would be 2.5 money in time, right...?
The point, of course, is that there IS price resistance, which means the people lining up to buy them aren't willing to do so "at any price", which would tell you isn't *as* desirable as some may believe.
And who are the people buying them? Are they people who want them because they want them? Are they people who want them because they believe they are good investments? Are they people looking to flip them?
I would like one for myself, but they are far beyond what I think is reasonable to pay, in any grade. If one comes along that is substantially under current market, obviously I'm going to buy it....but not to keep. And I am part of that "base of demand" which will keep the value of an item above a certain level...but that base is always changing, and never as solid as one might think.
Gators 2 steps forward 1 step backward makes sense. Ignore the buy it now listings since those are overpriced and also the seller probably sells it off ebay to ssve on fees. If af15 crashes then the whole silver age and later market will also crash. Safest long term investment i can think of. Even if did crash or is stagnant thens its a good buying opportunity to flip a year or so later