manetteska

Price adjustments on remaining items. I will be closing this thread at the end of today.

Exactly. The discussion was about Rally — how it works, ownership vs shares — not your personal collection.

You continue to make ignorant analogies and warp the discussion. Enjoy your shares. Peace.

thanks.

$150 is a healthy profit on your “dream” and most likely never being able to buy in again ?

Still not answering the question at hand.

So tell me what happens to your dream when other shareholders decide to sell the 9.8 and you are left with $150 profit. Sorry if it sounds odd to you for people on a comic forum to want to own comic books.

Quoting this for posterity. The above is completely subjective; many people realize, as prices rise, that their "grail" will not happen (barring a lotto win) and seek the next-best alternative which (to them) is an actual comic. You know, the thing they wanted in the first place. People need to set realistic expectations. You say it yourself: it's a dream, so stop dreaming of that 9.8 and figure out what you can get. Yes, starting from $500 you will not make it to $65,000; but starting from $500 you can get to $2000 with some knowledge and elbow grease and get a second print. A (low grade) second print just sold for $900. There are a lot of points between $1000 and $65k, but you just want to jump to the end, everything else be damned. So tell me what happens to your dream when other shareholders decide to sell the 9.8 and you are left with $150 profit. To me, my own copy of a third print doesn't sound that funny in comparison.

And if you think buying and selling comics to make a profit is equivalent to starting up a company to rival Amazon... what happened to you man? You used to make sense.

I re-read your post and edited my response. (But you quoted me before the edit.) Not sure what changed in your reply, as it still references buying a TMNT 1 9.8 which I go out of my way to say is not the endpoint. You added a piece about buying a 3rd print if you cannot afford a first print. I don't understand the comparison; so you are saying if a person cannot afford a first print it's laughable to instead buy a physical copy of the third print, but completely reasonable to buy a logical piece of a first print, of which you will never hold, see, or really have a full say over whether it's sold and gone in three months and now you logically own 0 shares. Yep, that makes sense.

You're describing something completely different than what is being offered. RallyRd isn't for everyone, but taking $500 and buying and selling lesser comics all the way up to having $65,000 in cash to purchase CGC 9.8 TMNT #1 outright isn't for anyone. Why purchase one share of Amazon, when you could build your own company from scratch that rivals Amazon? That's not a valid suggestion either... but owning one share of Amazon is nothing more than a printed line on a computer screen showing a share in your account. Sounds like RallyRd. Re-quoting what I said as you seemed to reply to something else. I said *a* copy of the book *not* the highest graded. Seems like this is a random thrill to throw $20 bucks at for fun, but once someone gets into the hundreds of dollars (or thousands), there are better ways to spend money -- both for fun and for investment. For example, why buy 8 shares of a single comic? If it's to sell them and make money, you're doing it wrong. If it's for fun, just buy 1.

What options does a collector have who has $500 and would like to invest in CGC 9.8 TMNT #1? I don't think finding 129 other collectors to join up is feasible. I don't think major dealers are interested in "small dollar" partners. Putting $500 into some other TMNT book isn't nearly the same as the highest graded first printing of the first issue. Instead of throwing a few fun bucks at a book one will never own and can only look at a picture of on a website (just like any other book, but doesn't require me to hand over CC info), why not use that money to invest on a smaller scale, buying books and selling for profit. Eventually (hopefully) ending up with a copy of the book; not in that highest grade, but something more than a .jpeg. I understand one involves work -- a good amount -- and the other doesn't, but the other (Rally Rd) nets you nothing in the end.

No commission. 80 shares at $87.25 would be $6,980 from an original cost of $5,200. The net is $1,780 since July 24th. That's 34.2% in 3 months. Investing $5,200 isn't an option for these collectors. The average investment in the TMNT #1 on July 24th was $500 a person. Yep, that is a 34% increase in 3 months but there is a ceiling -- on many different levels. Back to my original question: why not invest in a more personal level with a collector rather than subsidize a random company's purchase and increase their bottom line more than yours?

If only I had decided to sell this when it was $700+.

Yes, the initial offering was $65/share for 1,000 shares and it sold out in about 5 minutes on July 24, 2020. It looks like about 80 shares are set to change hands (doesn't close until 4pm Eastern) at $90/share where the ask is $90 (or less) and the bid is $90 (or more). Otherwise, those who bought the original 1,000 shares at $65/share are holding, and those who want to buy today for under $90/share are going to be out of luck. UPDATE: As I was typing the above, someone offered 50 shares at $85/each, so the current "strike price" is now $87.25 - which is the price that the number of bids and number of asks match. If the trading ended right now... the one who offered 50 shares at $85/each would receive $87.25 each, since there are buyers at that price. The ask price ($85/share) is "minimum accepted" and the bid price ($90/share) is "maximum offered". The final price is usually somewhere between. There are bidders at $65/share (who will likely win none) and there are asks at $95/share (who will likely sell none). On a more holistic level, with shares being offered every 3 mos, and (as of now) approx 80 shares will trade hands, this is not (again, as of now) an enterprise conducive to "increasing my money." I'm sure there is some commission involved, so those 80 shares which trade hands end up net approx $1600? This seems more like a fun endeavor than anything meant for real investment. So why not invest in something similar (or very similar) on a more personal level with another collector, and have more control over "seeing" your product or buying in/out?

I have some free time today and am ready to go down the Rally Rd rabbit hole -- though if people want we can move the discussion elsewhere. I believe (could be wrong) the initial offering for this comic was $65/share at 1000 shares and sold out. Now it is valued at $90/share but all of those shares are already spoken for; so how many are up for purchase? (and this info may be readily available on their site but I'm not going to use them so not giving another company my info.)

I'm not sure what there is to be jealous of; those buying "stock" don't own a TMNT 1 9.8. Has anyone attempted to sell their initial $65 for $90?

All for now. Thanks!

Turtlemania CGC 9.4 White $485 SOLD

DC Comics Presents 47 CGC 9.4 White $275 $245

Dirty Pair 1 Adam Hughes variant CGC 9.8 White $400 $370

Kanan Padawan 6 CGC 9.6 White $140 $130 2 available

Megaton Explosion CGC 9.8 White $530 SOLD

Dawn of the Jedi 0 3rd Print CGC 9.6 White $145 $135