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inovrmihd

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Posts posted by inovrmihd

  1. On 9/14/2021 at 3:59 AM, Taylor G said:

    This word salad does not disguise the fact that all they are offering is a storage facility for slabbed books.  This is SOP in the fine art world. Here, instead of a receipt, you get an NFT.  What's an NFT?  Just an expensive receipt.  Oh and they maintain a (public?) chain of custody, it's the Venmo model of collecting.  

    I'd ask if anyone is getting investment advice from their shoeshine boy, except it sounds like we're well past that point.

    I know it is just storage and a receipt.  That doesn't mean it won't appeal to "investors" (who for all I know will make good returns). And once you tokenize, isn't the next step fractionalize or "portfolio management/indexation".  My question is whether is if any of this stuff is getting real traction.  Has anyone seriously been burned by Rally Road yet?

  2. On 9/10/2021 at 4:34 AM, comicwiz said:

    .

    On the heels of the $3.6M AF 15 sale, would it change your view of "new price records" if it was bought by fractional owner platforms like Rally Rd?

    What if it's an OA cover in the not too distant future?

    As someone who has been keenly interested and involved in providing market value input in comics and toys in both printed and online guides,and an even wider field of collecting categories as an appraiser, the move toward fractional ownership acting to reset markets, and conversely, pricing out single person ownership of collectibles, is a topic which should raise concerns beyond the alleged "collusion" and "market manipulation."

    In my opinion, these should be treated as outlier sales and ignored by the wider collecting communities.

    Below, Business Insider covering the beat on the allegations, and touching on the above talking point:

    Boosted by a record $2 million 'Super Mario Bros.' sale, the retro video game collector's market is being overrun by speculators looking to cash in
    https://www.businessinsider.com/retro-gaming-market-being-overtaken-by-speculators-2021-9?fbclid=IwAR2pMUCn4tVoiEcF5v6JF75YBmIuO-Y38K6GGqH0-SNvgn_bSGGHQN8OSD0

     

    Depends on whether Rally is temporary or a permanent part of the landscape.  If there is a lot of interest in fractional ownership, does it really matter?  If Rally Road etc. has enough buying power, than they will set the new clearing prices against those who can afford physical ownership, and everyone else will be priced out.  It seems to me that the question right now is how much interest there will be, and whether it can go from keys to common books ( harder to market to fractional investors , assuming there is no marketing of a run ( the equivalent of a broad based stock index).  I just saw this announcement:  

    https://www.theblockcrypto.com/post/117460/curio-and-introve-launch-first-of-its-kind-partnership-for-nfts-tethered-to-rare-comic-book

  3. On 9/10/2021 at 10:49 AM, dspair said:

    Uh…$108k for the Byrne X-men panel page!  
     

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    Really pissed about this one to be honest.  I passed the last time it was for sale and took a new liking to it (I had recently bought another page from the book).  I bid, but not that high.  Still looking for a few other pages from that or the previous issue.  Oh well, congrats to whomever is the new owner (unless you thought you were going to flip it to Rob).

  4. On 9/6/2021 at 2:01 PM, Wolverinex said:

    asm194, gsx1

    I’m have been trying to get back into comics lately.  When did ASM 194 become a key book?  I thought it was just the first appearance of a minor character.  Do actual people that collect comics really want this book, or is it just one of those books the “card guys” who explain comics on you tube value?

  5. IThis is slightly off topic, but as collectors get older, will Byrne X-Men continue to be viewed as the most desirable vs. say Jim Lee?  The Byrne X-Men run is practically the only thing I have real nostalgia for, but my younger brother thinks it’s “eh”.  Same question goes for ASM.  Will Ditko always be more desirable than Romita? 5 years ago I would have thought these were ridiculous questions.  Now I am not so sure.  Without looking it up, I couldn’t tell you who the artists for Flash Gordon were, and would assume the first one was the most desirable, but it would just be an assumption.  I have a lot of sympathy for the poster on an earlier thread who said you would have to explain exactly who Frank Frazetta was to most people. Anyone on this thread feel certain that 5 years from now (assuming Alpha Flight never becomes a big thing) this will be more valuable than an A+ Jim Lee page?  I think it will be, but I’ m not sure.

  6. 8 hours ago, Bronty said:

    What are people thinking for an ending result?    Is 300-500k crazy in the current market?   I'd rather have this than the conan 2 and lobo 1 covers put together (which went 400+ combined).   Compare to Xmen 268 cover at 300k as well.

  7. So many questions, I will try to limit myself to on topic.  Scott, great job.  I don’t have a discerning enough eye or nearly enough knowledge, but has Byrne’s pencils changed over time?  


    More general question for anyone:  I get why you wouldn’t give an artist or writer complete creative control, but this brings up a non art question I have.  I sort of got sick of reading comics when they massively amped up power levels to ridiculous levels.  I understand why this happens from an individual creator’s standpoint, but I don’t know why it is allowed to happen. I read about the Hulk having enough power to crush a planet by stomping his foot, or how many universes Thor can destroy ( I read people talk about this stuff, not the actual comics, so I could be wrong about these details), but they are not useful (I don’t think) for movies or other places where the “real money” is made, so why is this allowed? I was fine with a clear pecking order with a few abstracts on top, but why hasn’t someone like Kevin Feige said they want characters and story lines that can be used for movies and knock off all this totally over the top stuff (and if everyone loves this, sorry if I’m just being grumpy)?

  8. On the other hand, I just looked at the Ha.com historical auction prices for Green Lantern 76 in 9.6 (don’t have data points for a 9.8.  It looks like it has dropped or stayed the same price over the last ten years.  Same from what I see in GPA.  Not a lot of data points, and I know dc isn’t marvel, but it seems like a key book that comic collectors would want.  I don’t know which has way this cuts.  Are there brand new collectors that might simply have no interest in the character or social importance?  Or is it a book that simply isn’t being hyped as the next 10 bagger.  Maybe it would be easier to ask in a different way.  It is easy to seeAssume we are 

  9. On the other hand, I just looked at the Ha.com historical auction prices for Green Lantern 76 in 9.6 (don’t have data points for a 9.8.  It looks like it has dropped or stayed the same price over the last ten years.  Same from what I see in GPA.  Not a lot of data points, and I know dc isn’t marvel, but it seems like a key book that comic collectors would want.  I don’t know which has way this cuts.  Are there brand new collectors that might simply have no interest in the character or social importance?  Or is it a book that simply isn’t being hyped as the next 10 bagger.  Maybe it would be easier to ask in a different way.  It is easy to seeAssume we are 

  10. 1 hour ago, kav said:

    Based on the steady and continuous rising of prices I'd say the number of comic collectors continues to grow.  many books i bought for $10 5 years agoare now in the $200 range.  $20 books like FF 19 and Thor 103 that I bought for $20 are now at $500.  

    Hasn’t the rise in prices been selective? I have read that most non keys, especially D.C. haven’t gone up that much, and I am not sure which way this cuts.  High grade Green Lantern 76 hasn’t gone anywhere as far as I can tell, and that may mean the character has lost relevance to all the new collectors, or it isn’t seen as a hypeable comic.  Which comics have.soared in value and how much is due to a new wave of collectors, a new wave of speculators, or the current collectors seeing it as equivalent to sports cards and relatively under valued, is all unclear to me.

  11. Prices of sports cards are soaring.  I attributed this to a combination of two factors;  1)  new collectors due to COVID who got into sports, here and around the world; 2)  money printing/speculation/fomo, etc.  the second factor is the bigger dynamic. It is easy to see this second factor.  I would like opinions on whether the comic market has also experienced a wave of new legitimate collectors.  I am not talking about just speculators and I am not talking at all about the rush to get out of cash.  I am seeking opinions on whether the number of people who are genuinely interested in the hobby.  As far as I can tell, the stamp market is dying, and the coin market, which I believe was for a long time the king of collectible (nine active) hobbies, is dying out.  There are still plenty of wealthy people who grew up as coin collectors are still active, but there is absolutely no nostalgia value and I don’t see any young collectors entering the hobby.  I thought comics would go the same way, especially with digital comics, but I can understand how sports cards can attract new collectors who might be interested in the history and know about the great players even though they never saw them play.  I can get why someone that starts collecting cards of modern players would be interested in owning a Willie Mays or Oscar Robertson or Walter Peyton card.  Are their new people getting into comics that are real collectors as opposed to simply investors, speculators, or TINA types who hear they will triple their money on social media?  I haven’t been following prices until recently, and I am asking because because their seems like the bulk of the appreciation is going to new ultra rare cards, or keys.  I am sure there have been plenty of observations about that, as well as speculative further bubble talk, but I just want to know about the number of new “collectors”, the people who would appreciate a semi key, for example.  It is easy for a non collector to understand the desirability of the first issue of Spider-Man, but difficult for a non collector to understand the first issue where the Hulk fights the Fantastic Four, or something even more esoteric like Defenders #10.  I would appreciate any thoughts, specific to this narrow question.

  12. I would like to test a theory.  Please like this post if you think NFT's are BS, but would also pay money to say you are the official owner of this.  Thanks.

     

    Youtube Meme GIF

  13. I apologize in advance as this is going to come off as a stream of consciousness question, because it really is two questions; are there a stream of new collectors coming into the market, and if so, what do they want and how is it affecting the hobby.  When I joined about 11 years ago, the conventional wisdom was that this hobby was on borrowed time.  New readers were fewer and reading comics that were digitally drawn.  Movie goers weren’t going to be interested in becoming comic collectors, let alone OA collectors.   Key high grade comics might jump in front of a movie, but it was all speculation.  No one, certainly no one new to the hobby, is going decide to pay $10,000 or more for a JLA 1 comic because they saw the movie (maybe a bad example).  There might be a few real keys that can be sold to investors as an asset class (Action Comics #1, Hulk 182 maybe, a few obvious others), but otherwise comic collectors would die off as well .  There might always be interest in owning the first appearance of Spider-Man, but tell a non-collector you own the issue where Gwen Stacey or Jean Grey dies (137, I don’t know if she has died and come back again since) and it will mean nothing to them, nor does the second appearance of Lex Luther.  The same should hold true for OA, as aside from the picture, the context is much less accessible.  Which brings me back to what prompted this question... of course, Sal Buscema.  I thought he was a meme or a joke.  A nice cover image sells for big bucks, than another one, and all of a sudden decent panel pages are selling for $1000’s and now it is not a joke.  You have a handful of collectors that got in really early, and a subset of those who are extremely wealthy, and I can understand why high end can continue to break records, and the 1990’s/ early 2000 stuff can do well because of the nostalgia factor.  Are there in fact new collectors getting involved from the last few years though, and are they sticking to the very recent stuff as I can’t imagine what possible reason they would have for buying a Sal Buscema panel page? I get that the high end pieces are increasingly out of people’s price range so they are forced to choose among lesser pages, but is there a new demographic that are looking for images with no nostalgia value nor considered by the entrenched collector community to be of any importance?  I recently saw a fantastic Miller DD page were he fights the Punisher sell at auction, and the second thing that came to my head was that it wouldn’t mean anything to someone who started reading Jim Lee comics, and it was stylistic Miller, not photorealistic, so the old time collectors and some others who just got into the hobby at a time when it was considered to be cream of the crop might want it, but someone new?  I am sure there has been plenty of discussions about Sal cabals and manipulation of prices on individual pieces to mark up inventory, but is there a new breed of collectors entering this hobby that have totally different motivations?  I hear the occasional rumor that Hugh Jackman or some other rich/famous person might want a few highly sought after pieces, but despite the prices, is this hobby still a walking dead man?  I don’t really want to focus on Sal if he is an aberration, but ultimately when I look at the better pieces of my collection (assume a decent Byrne x-men page for example or if X-men fall under a different category, assume a decent Jim Starlin Adam Warlock or Thanos page), am I holding a depreciating asset (and I get the buy art that gives you pleasure aspect, I am just asking about the economics)?  Again, sorry for the stream of consciousness way I worded these questions.