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uchiha101

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Everything posted by uchiha101

  1. Yep. Exactly. If you have the time to put in the legwork - there is a lot of gold in them-thar hills! Find the honeypots, drill them till they're dry and move on. I don't know about the location he is in, but in my area, I run a regular weekly circuit of used book stores, antique stores, LCSs (I'm too lazy to get up at the crack of dawn for yard sales) etc digging for gold - like just yesterday I picked up a NM 4th ed. Killing Joke for $1, and the week before that a YTheLastMan1 and Runaways1 for under $2 each and before that I found a Five Ghosts1 for $2, all NM 1st prints. There is gold out there if you do the digging! Cranking $1-$3 books into $5, $10, $20 or more sales is a low-risk, low-cost (but high legwork) way to make a few hundred a month. But if you also happen ENJOY it, then the money is like gravy! Thanks I'll give that a try too I'm willing to do the legwork if it means money
  2. also yard sales where you spend 50 cents per book to sell them for $5 to $10 per. Its adds up fast with little risk. I'm sort of trying that I bought a short box of comics a while back that once I move I'll need to sell so I'll keep you posted on that.
  3. The comic shops that around me have wall books but every time I find something good they jack up the price and they say they can't budge on it any tips?
  4. You can do this with taking MUCH less risks per sale. Consignment sales of high-$ items is what I would consider higher-risk per sale - to start with. "I never had this much pressure to sell something" That's what you need to avoid when starting. But if it works for you and you're comfortable with it, that's your call. oh I was talking about selling my comics to pay the bills because I don't have a job yet and I'll give consignments are try when things are more stable.
  5. Nice and you can tell your wife the comics help pay the bills too. she wants that to magically happen without any inconvenience to her -- i should acquire comics for free and sell them for big bucks. I should also do all my scanning, listing and packing and buying between 2 a.m. and 6 a.m. when she is asleep, for example, but still be wide awake in the morning to make coffee/breakfast and get the kids ready and to the bus stop for school. Sorry to hear about all of the problems. I'm very fortunate that my wife and kids love yard saling, going to comic shows, and never bothers me about buying, selling, or reading comic books. She also loves the extra money we make in sales. Lucky you.Ive learned to never mention money and comics in the same convo....she just screams selll,Sell SELL.....sigh...if i tell her I found a cmic for X Dollars/cents and it is worth Xxx $...well'.lets just say well. !eep your eyes peeled gang...ive something coming up.... Ok, my wife is not so bad, she sort of "gets" it, but still likes to give me grief and does not like to be inconvenienced. Nice a little communication and compromise goes a long way.
  6. I think taking a break from the selling part is the best thing for you. You're trying way too hard to make money, and to prove something to yourself, in comics but you're not putting in the time it takes to learn the hobby. You are right but I still need to sell the comics I have it's just I never had this much pressure to sell something as I don't have a job yet and my money will run out. About the hobby I do have lots to learn but I'm making a effort to learn things. I get it kid. PM me about the books you have for sale and what you want for it. I saw a book or two that I might be interested in. Thanks I'll pm you
  7. I think taking a break from the selling part is the best thing for you. You're trying way too hard to make money, and to prove something to yourself, in comics but you're not putting in the time it takes to learn the hobby. You are right but I still need to sell the comics I have it's just I never had this much pressure to sell something as I don't have a job yet and my money will run out. About the hobby I do have lots to learn but I'm making a effort to learn things.
  8. ..... remember what the hot chick told you about believing in yourself ? GOD BLESS.... -jimbo(a friend of jesus) (thumbs u That hot chick? she a lying gold digger who I never want to see again. So many things are clashing in my mind at the same time but I know I will succeed. People's doubts are becoming my own and I hate it but at the same time I feel like all I do is fail but I know the truth is hard and harsh so I need a thicker skin and being a black sheep were my immediate family is smart and made lots of money .
  9. I made 1300 something and the hundreds of dollars are after I sell the rest of my comics which I'm being conservative about in how much I make on it. I would suggest you look towards buying collections rather than a per book situation. Collections can include a wide range of books. From bulk loads of junk, runs, mild keys, $3-15 books and with luck there is always cream of the crop. Having outlets for your junk stuff is important. Sales threads, ebay and facebook to move the mid range and hopefully you got a presser to work with and a way to get better books graded. There is certainly more work involved but more profit if you buy it right and move it effectively. +1 Chris The "bread and butter" of this hobby/business (at least for me) has been buying 3-10 long box collections for a few hundred bucks and: 1) Putting a few nice keys into my collection/long term hold box 2) Selling remaining keys/semi-keys here and at shows 3) Dispersing the rest into my $1/$2/$3 show/antique mall boxes. 4) When the dollar boxes are burned out of decent books, sell them for $25 each. Generally you can pay off the buy pretty quick with step 2, step 3 gets you longer term steady money. You can always sell a few step 1 books when you need to. There is really no way to lose on this formula. Your per book price is well under $1. It's not as glamorous (or risky) as trying to flip a big (especially raw) book, but has worked for me for 40 years or so. I had been doing this for 35+ years before I dared to spend over $50 for a single book. To play devil's advocate though, it sounds like you set up regularly at conventions, you have a retail outlet to move cheaper books, and by now you're probably an expert at analyzing the estimated value of large collections you're looking at. All areas where he is starting off from scratch. I agree with not starting off trying to flip four-figure books, but what you're describing is a great deal of work for a non-professional starting out and has just as much potential for losses. agree. Step 1 - Understand basic accounting concepts like profit, loss, margin, return on investment and basic financial statement or inventory terms. Step 2 - Read everything you can from people here on the boards about how they go about selling and finding comics to sell. Step 3 - Figure out what your 'actual' costs are, in terms of shipping, taxes, submissions, pressing, customs fees, packing materials, etc. ** while you're doing the above steps, you can do some 'fantasy tracking' of books you thought would go up over time and track their gpa and/or ebay sales. *** while you're doing the above you should be figuring out a way to get a steady income, otherwise this is all moot. Step 4 - You should probably move to America, otherwise you simply won't be able to compete if you're starting from scratch (which you are) and want to deal comics regularly support yourself (at any point). You don't have to, its just a matter of how badly you want it. How many people living in Canada do you think have bought and sold a $1M comic (not in aggregate, single comic)? Do you think any or all of those people started in their 20's with no money, no job, and no comic collection, no business experience, very little business education/acumen, plus a disability? Is that harsh? absolutely. Are you capable of working THAT MUCH harder to achieve your dreams? Maybe. But the question is....is it worth it? Notice none of these steps involve buying or selling a comic. Got extra money? spend it on job training - vocational school, head shots, beauty school, calf implants, whatever. No money for hobbies until everything else is taken care of. And make no mistake, this should start out as a hobby and grow slowly UNLESS you have a lot of money or an already huge and awesome collection. Step 1. Ok I do need with that. Step 2. I check out the for sale and buy threads if that's what you mean. Step 3. I already make the calculations and subtract them from what I paid for it. Extra step (I'm going to give this a shot with 10 comics I believe will go up and I'll keep track of them) Extra Step 2 (I'm working on finding a job and a stable income because I know that you guys are right but it doesn't do anything till I find something to money coming in) Step 4. I have thought about moving to the States before because I know it will help with comics and I honestly don't know what I'm good at I'm not smart, strong, don't have any knack for business, suck with numbers. What I do know is I'm going to sell my comics and take a break for a while till I recover because my bank account is almost empty.
  10. Is that a Betty & Veronica #320? Yes it's Archie's Girls Betty and Beronica #320 if you want it written that way .
  11. ok fair enough then with that being said I made 1300 something in profit and like someone said I wanted to see it in front of my eyes how many mistakes I made thus far with money but 1300 something is the profit that I made with everything calculated.
  12. Nice and you can tell your wife the comics help pay the bills too. she wants that to magically happen without any inconvenience to her -- i should acquire comics for free and sell them for big bucks. I should also do all my scanning, listing and packing and buying between 2 a.m. and 6 a.m. when she is asleep, for example, but still be wide awake in the morning to make coffee/breakfast and get the kids ready and to the bus stop for school. that's not good show her what her comics can do because this is about communication. Show her what they sell for and what they pay because she knows they are worth big bucks so tell her you'll treat her to dinner or something next time and I like how you make use of the time that you have.
  13. Nice and you can tell your wife the comics help pay the bills too.
  14. So, next step is take your profits and subtract your losses. That should give you your Net (profit or loss). You said a few posts back you made about $1300. So, let's give you $1400. 1400 - 1257 = $143 $143.00 profit. The 1400 something profit is after everything is calculated including losses someone just asked me to calculate and I was curious to see it myself.
  15. My losses $1257.52 I was curious to calculate my losses after someone mentioned to calculate my losses as well as profits.
  16. I made 1300 something and the hundreds of dollars are after I sell the rest of my comics which I'm being conservative about in how much I make on it. I would suggest you look towards buying collections rather than a per book situation. Collections can include a wide range of books. From bulk loads of junk, runs, mild keys, $3-15 books and with luck there is always cream of the crop. Having outlets for your junk stuff is important. Sales threads, ebay and facebook to move the mid range and hopefully you got a presser to work with and a way to get better books graded. There is certainly more work involved but more profit if you buy it right and move it effectively. +1 Chris The "bread and butter" of this hobby/business (at least for me) has been buying 3-10 long box collections for a few hundred bucks and: 1) Putting a few nice keys into my collection/long term hold box 2) Selling remaining keys/semi-keys here and at shows 3) Dispersing the rest into my $1/$2/$3 show/antique mall boxes. 4) When the dollar boxes are burned out of decent books, sell them for $25 each. Generally you can pay off the buy pretty quick with step 2, step 3 gets you longer term steady money. You can always sell a few step 1 books when you need to. There is really no way to lose on this formula. Your per book price is well under $1. It's not as glamorous (or risky) as trying to flip a big (especially raw) book, but has worked for me for 40 years or so. I had been doing this for 35+ years before I dared to spend over $50 for a single book. seeing the sig line you have maybe I should give this a try.
  17. I made 1300 something and the hundreds of dollars are after I sell the rest of my comics which I'm being conservative about in how much I make on it. I would suggest you look towards buying collections rather than a per book situation. Collections can include a wide range of books. From bulk loads of junk, runs, mild keys, $3-15 books and with luck there is always cream of the crop. Having outlets for your junk stuff is important. Sales threads, ebay and facebook to move the mid range and hopefully you got a presser to work with and a way to get better books graded. There is certainly more work involved but more profit if you buy it right and move it effectively. you're right and after I sell the comics I have I'll start looking into doing that more often.
  18. I made 1300 something and the hundreds of dollars are after I sell the rest of my comics which I'm being conservative about in how much I make on it.
  19. Stop trading! You are just complicating things for no reason. Sell your books and recoup your money. That's what I'm doing as of right now the trading for coins was my dad's idea the key issue comics was my idea.
  20. Today's Thoughts Yes I might be able to sell the bat 148 I have on consignment and I might be able to sell my NYX #3 today. Plans I'm going to sell my top 6 comics that are worth the most chunk of money. BA 12 Archie #320 ASM 300 CGC 9.2 Triple signed Avengers lot Action comics 15 JLA #1 NG Since I still don't have the top 3 comics yet my goal is to sell NYX #3 IM 305 TT 44 IM 282 I'm considering after I sell those top 6 comics that I want to trade my comics for key issues comics or gold and silver coins.