Hamlet

Yeah, I would guess that the extra expense of grading and storage issues for slabbed magazines make them less frequently slabbed. It will be interesting if some of the more recent slabbed sales of Eerie 23 at strong prices push some owners of raw copies to get them slabbed.

Yeah, I’d say my raw copy is in that ballpark and was about $125. I mostly just wanted a cheap, presentable copy to fill my run, because it isn’t an issue I’m focused on. I couldn’t really find a VG to FN copy for much less though.

I just looked at this a little closer. They actually paid me in store credit. I assumed that they cut me a check and mailed it, since that is what they did with the other items on that consignment. I've got a new consignment with them that I had set to store credit for the payment option. They must have switched the older consignment to that as well. So nevermind.

I’m waiting on a check from MCS that they mailed on 8/5. Ironically, they shipped an order out to me the same day and I got it on 8/11. I always choose their cheapest shipping option, which ends up being UPS with the USPS handing the last mile. The package arrived when expected. I’ve never had a check take more than 3-4 days to get here. I’m wondering how long I should wait before I just ask them to cancel the check and put it in as store credit.

Fish Police, baby!

I’m pretty amazed at how painful Ebay makes it for sellers. I buy some on Ebay, but I have absolutely no interest in selling on it. They’ve stacked the deck so much in favor of buyers that it really seems like scammers have to be a constant problem.

You don’t think it makes sense that you can get a VG/FN copy of Vampirella 7 ( if you’re patient ) for the price of two “Ebay NM” copies of Spawn #1 ? Not the newstand copies mind you. Not 9.8 candidates. Just two run of the mill nice copies of a book that they printed 1.7 million copies of. Granted, Spawn is a popular character, but something seems out of whack there. I joke in the Gold thread that I’m increasing my allocation to mid grade Warrens. There isn’t any scale to it, obviously, but I’m only half-joking. I’m curious to see how many copies I end up with 😀

Hoarders gotta hoard-

I finally paid up for a decent Eerie 17. Nothing but rags have been available on Ebay when I’ve looked. Bought it as a VF-, which I think is accurate. The Vampi 100 is a decent copy I grabbed from MCS.

Yeah, the one at MCS is a lot nicer and is “only” $189. Honestly, the one that has been listed forever at $100 on Ebay is probably nicer. Either someone can’t grade or they are looking for a sucker.

When the heck did Spawn 1 become a $20 book? I’m not talking newsstand or 9.8 candidates. I’m talking about just a nice normal copy on EBay. They printed like 1.7 million of them. Are there really 1.7 million people that want a Spawn 1?

The problem with this is that you are assuming that all 9.8 ASM 300s are functionally identical. They aren't. This is ignoring pretty substantial variations in value due to page quality, centering, and eye appeal. If I was in the market for this book, there are books I would pay more than $2300 for and books that I would pay substantially less for. You are going to get less money for a 9.8 with a fugly misrap most of the time. That is a large part of why the price people are willing to pay for a particular book varies so widely. These aren't commodities. Each comic book has unique characteristics that make it more or less appealing than the next book, even ones that are graded identically.

It's like "safe haven" or "very unique".

Am I wrong? Are there non-assless chaps I'm not aware of?

That's redundant. Chaps are by definition assless.

I have a FF 263 with three covers. It’s a dollar box book with one cover. I have no idea what it is worth with three. It’s kinda cool though.

The boards made me money by putting that book my radar. I bought a rough copy for $3 at a comic shop that must not have known about it being in demand. I never would have looked twice at it, except I was familiar with it from these boards. I think at the time it was probably a $25 dollar book in lower grade. I ended up selling it in a MCS auction for about $100 after it ran up past my dollar threshold for amusement value of the cover.

Even if they set up share trading, I see nothing indicating that that would involve control of the asset. You would just own a bigger share of the proceeds when the manager decides to sell. You could own 100% of the shares for an asset, but that doesn’t give you control. It just means you get all of the money ( minus the debt that they’ve incurred for expenses) when they choose to sell it.

I see nothing on their site that indicates that having a majority of the share for an asset actually gives to any control. It looks to me like the manager makes all of the decisions regardless of share ownership.

I’d suggest that anyone interested in actually doing this read their Disclaimers carefully- https://rallyrd.com/disclaimer/ A few of them that jumped out at me- The operating expenses related to a Series of the company may exceed the revenues generated by such Series and excess operating expenses could then materially and adversely affect the value of Interests and result in dilution to Investors. If the Company’s series limited liability company structure is not respected, then Investors may have to share any liabilities of the Company with all Investors and not just those who hold the same Series of Interests as them. There may be potentially high storage, maintenance and insurance costs for the Underlying Assets. Members of a Series in the Company have very limited voting rights. In the event that operating expenses for a series exceed revenues generated by the series, the Manager may choose to cause the series to incur debt rather than look for additional sources of income elsewhere to cover the costs. Allocation of costs and expenses across series of the Company may be difficult. In such circumstances the Manager may be conflicted from acting in the best interests of the Company as a whole or the individual series. The Company’s operating agreement contains provisions that reduce or eliminate duties (including fiduciary duties) of the Manager. These are massive red flags to me. You’re not just buying a share of the asset. You’re also letting them borrow against that asset to pay themselves to manage the asset. How much? No way of knowing. I particularly like the warning that if their company structure is not respected, investors could actually lose more money than they put in ( “share any liabilities” ). They have no fiduciary responsibility to you, so there seems to be a pretty strong incentive to suck as much money out of each asset to pay themselves, and then sell the asset for what they borrowed against it, leaving the investors with very little of their cash after expenses. They may have good intentions, but this looks to me like a lot of people are going to end up getting fleeced.

I get the appeal of the book, I just don’t see much reason to pay huge money for a 9.8. The joke is just as funny when it’s a 6.0, so why break the bank?

This reminds me of the secondary market for timeshares. I don’t know anyone who has been happy years later that they bought a timeshare. However, I have heard stories about them having to dump them on the secondary market for a fraction of what they paid. I bet there are buyers on the timeshare secondary markets that have ended up with great deals. I have no interest in paying inflated prices to own a fractional share of a comic. However, I would be interested in buying those shares on the trading day at less than the market value of the comic 😀 That’s assuming I’m ever confident that this isn’t going to collapse on itself in a disaster of bankruptcy and out-of-country flights.

And only two of them are duplicates feeding my hoarding impulse. 😀

Some recent purchases from MCS and my LCS-