uchiha101

What do you consider my pipe dream? It's true I've been failing a lot mostly with overpaying, making the same mistakes and trades. I'm not going to give up and in any case I need to sell what I have either way.

Hmmmm well for one it would take longer to sell all the comics, they might lose their value and people might not want them. I do want to be successful so I'll do what you guys say no trades till 2017.

I haven't made this trade it but I do get temped to trade because it's been about a year and I only got lowball offer of 20 bucks on it.

No no no no no - Gabe needs to learn how to get better at estimating FMV - he should not be trading - please - Not even three-way trades where we meet up inside the (imagined) Ontario triangle? I'm obviously missing something about the fmv which I need to learn. I think, rather, the point is not to respond to offers of trade. You are being tested. Good point

No no no no no - Gabe needs to learn how to get better at estimating FMV - he should not be trading - please - Not even three-way trades where we meet up inside the (imagined) Ontario triangle? I'm obviously missing something about the fmv which I need to learn.

No no no no no - Gabe needs to learn how to get better at estimating FMV - he should not be trading - please - I don't understand where I went wrong I checked out ebay's sold listing like you told me and I gave you my answer as what I see the FMV of my jla #1 being.

Please no - just make him a fair cash offer via PM if you want the book. I was more interested in recapturing long box space by moving 40-50 copies of Scooby Doo Team-Up #12 than I was in Gabe's book. Sorry if I came off as harsh - just that gabe needs to learn discipline - as an exercise for him - this is actually a good thing - as a temptation - not so much. The temptation of not trading?

Based on ebay's sold listings

haha

haha I would need something else that's worth a bit more you can pm me if you'd like. Sine you are not listening - we can try again with an example - Place a real FMV on your jla 1 Place a FMV on the scobby team ups Give a hypothetical good trade quantity of the scoobies - assume an unlimited supply Do not make a trade!!!!!!!!! You need to do this exercise (valuing an individual or set of books) over and over and over again until you are ACCURATE enough to not continuously lose value before you are ready to even consider a trade. A real fmv to me would be 100-150 and the scooby doo's I'm valuing a $3 each and including shipping I'd need 30 copies.

HOS - eBay sale? Only 750 sale was an 8.0 - you listed 7.0. 250 - 300 is an ok gpa range for cgc graded nm98 - but isn't this a raw book? Also - FMV is not the maximum price you see. Yes the ebay sale that must be the one I was thinking of and the NM98 is a raw comic. Yes Rick told me that I don't know why I didn't understand that concept.

haha I would need something else that's worth a bit more you can pm me if you'd like.

just so we're clear, please do not under any circumstances mail the BA12 out until AFTER you get ALL the money, and its all cleared the bank. I was just going to post this. And get tracking and signature confirmation. The payment plan voids buyer protection on paypal, so you should also have that additional protection. I would ask that the buyer include the words "partial payment" each time if you are somewhat unfamiliar with him. So everytime he makes a payment he makes a note the it's a partial payment or is that a option I can choose? and for signature conformation is that in vase he'd try scam me? I never understood that part.

just so we're clear, please do not under any circumstances mail the BA12 out until AFTER you get ALL the money, and its all cleared the bank. I've made that mistake once it won't happen again.

so -- not bad eval in places - I have to start with the things you need to consider more when evaluating any lot---- you have a couple of the intangibles listed - Not taking a loss--- this is NOT a reason for a trade. If you are as good an evaluator as the other guy you will average break even - minus shipping over the long term. Trading for more liquid books to get cashflow - not a bad thought and you are trading a larger quantity for a smaller quantity - but the IG #1s - have been movers and if you started selling a few more than 3 months ago (like listing 1 of the 9.8 and 1 9.6 at a time back when you acquired them) - you would have made more $$$. The IG - and the NM98 --- (per GPA sales) - are moving around the same clip. The HOS - very limited sales. Avengers 57 volume is a bit better. Again - per GPA which is limited in what it tracks - but is solid with datapoints for specific grades. less fees - this is not an issue in a trade - only when you sell. You did pay for shipping 7 slabs - so there is a trading "fee" regardless. ------------------------------------------------------------------------------------------ So my analysis based on today's pricing - all non graded books were evaluated at the lower grade you stated to be consistent. I priced using GPA to set a target - then evaluating SOLD listings on ebay that were under the slabbed costs - but would at (ebay photo) inspection be at the grades listed. SO - a discount to GPA - using ebay as a reference. IG 1s - valued base on a slight discount to 90 day GPA - this represents the fact that in come cases - the "voldemort" slabs do sell at a discount to gpa. GPA also had 30+ sales for each over last 90 days. 5 x 9.8 slabbed at 105 - $525 2 x 9.6 slabbed at 5 notes - downward trend over the past 3 months. May get some back as movies progress but not likely to hit highs soon. Avengers 57 5.0 $175 Notes - downward trend - likely past movie letdown stage and may be level for a while. Avengers 58 7.0 $ 60 not a book to slab - hard to evaluate but found a couple ebay sales at this price total of 860 the other side - HOS 92 CGC 7.0 - 475 notes - not a lot of sales points and the last 2 (90 day) skew significantly upward. estimated at higher than 12month - but lower than 90 day. NM98 8.5 - 245 very popular book - many copies available - very good possibility of finding a 8.5 at lower (and higher) price point. May be overvalued at this point - and if movie is poor- book will bomb as it is more common than many others at this price. Might have only slight upside if a runaway hit as soo many copies are being brought to market ( total - 720 You need to go into at least this level of detail when you analyze. I have no idea how you valued the other guys books - even if you bump the HOS to the max sale - you jump to 785 total and still have a loss in equity. Add in a bump to a 9.0 NM 98 - you are still behind - and both of those bumps are not consistent whit the other books eval. The only element that you did not mention - trading away 7 of one book - I would expect to HAVE to discount this a little bit. This is bulk - and for a seller - to hit that expected FMV - in all likelyhood they will have to take more time to sell and space things out - so effort and time added in there to sell those. So - two really different evaluations for the same deal. I really do not trade - but I would potentially have made the trade in the other direction - especially considering the shipping costs for 2 books and the upside on the IG books - if they even pop 5-10 each as the movies progress or if one of the upcoming ones before the avengers one - really pops the gauntlet back. It is not the worst deal - but you did not get the better of the other guy. Make sure to check and double check SOLD prices when estimating purchases and sales. You're right I do need to take things more into consideration when doing trades but I'll explain what my logic regarding values was with his comics. I valued his HOS #92 CGC 7.0 at 700 and his NM98 at 250-300 because I believe at the time I was checking sold listings and one HOS sold for 750. I always add the value of my shipping and insurance into the cost of trading but one mistake I've been making for a while is valuing stuff for 100% of fmv instead of less around 60-70%.

I just took it down as I posted it on fb but I can send you pics and info.

pssst - gabriel ----- this is a MUCH more reputable guy to contact than any facebook site for a quick sale...... --- was pulled form ebay so from memory - ASM 300 CGC 9.2 - Sgnt series/Signed by Lee/McFarlane/Michelinie That would be the one and I've spoken with KPR a few times so I know he likes things done quickly.

sure I'll pm you.

Plans I feel good with that down payment on the ba12 so I'm gonna try selling my asm 300 and it that sells within a week han solo's will be listed too.

BA12 Update I sold the comic on facebook The offer Is a payment plan of 800 with a deposit of 100 dollars which he already paid and he says he'll get the money in two weeks.

The trade of my IG #1 9.8 X5 and 9.6 x2 and avengers 57 5.0/5.5 and 58 at 7.0/7.5 I valued at 800 In exchange for his HOS #92 CGC 7.0 and NM 98 8.5/9.0 at the time was worth $850-1000 Reasons for wanting to trade. Not taking a loss Trading for more liquid books to get cashflow less fees

Inflation is not the same thing as TVM. Do you understand the concept of TVM? I'd be happy to provide another example if the first isn't clear. Ask questions. Yes I'd like another example and what the concept of TVM is thanks. Its sort of related to inflation. With inflation, the price of things goes up over time, so $1 doesn't buy you as much today as it did twenty years ago. The same is true of Time Value of Money, but you ALSO consider the fact that you could have INVESTED that $1 twenty years ago. Additionally, one might assume that you need the money more now than you will in 2-5 years from now while you're waiting to make a 'profit' Hopefully 2 years from now you've stabilized your financial situation. But right this instant if you're scrounging for dough and these comics are like an albatross, consider moving them, even at a loss. You can think of them as an expensive lesson. On the other hand, if you've done your research and trust yourself and think some of them are trending upward, you can wait a bit. For the BA 12 for example, if you think the comic will be worth more AFTER the movie, you can consider moving it then, but make sure you do OBJECTIVE research to figure it out, don't base your decisions on hope. You should be conservative. Good luck. I like that golf term you used and it's a expensive lesson indeed. I posted the ba12 and I didn't realize that the pics didn't work so I changed it and added to pics and got 1 payment plan offer and a trade offer which I said no to.

Inflation is not the same thing as TVM. Do you understand the concept of TVM? I'd be happy to provide another example if the first isn't clear. Ask questions. Yes I'd like another example and what the concept of TVM is thanks.

That's where the problem lies if I don't trade I either have to sell for a loss or wait till it reaches a price where I can make a profit on it. ALSO... I know you said you didn't do well in economics class, but there's a concept you should familiarize yourself with. It's called the Time Value of Money (TVM). Basically, it states that money today is worth more than the same amount of money at a future date because of the earning potential that today's money has. To give this principle a for instance, say you have a $100 book that isn't moving. You could sell it quickly for $80 today or hold onto it for 6 months and get the $100 you're looking for. In your eyes, all you see is $20 left on the table if you sell today vs. waiting. But consider you take that $80 you receive today and (taking the advice given to you here in this thread) bought some less expensive books and sold them for a few dollars profit each. Let's say you're successful and in 6 months, you've sold all the books you bought for $80...only you sold them for a total of $140. So selling today at $80 gave you the potential to earn $140 in 6 months...$40 more than you would have made if you held onto the book in order to get market value. Time Value of Money. Please think about it. I never heard of that concept before but I do know about inflation. I believe someone mentioned this to me before.

No I don't know more about comics than the people giving me advice here you guys are the best in the world but swallowing loss after loss isn't fun.