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uchiha101

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Everything posted by uchiha101

  1. Very little meaning about 100 books? It's probably 2999 copies of Spawn 1 and a Superman: Man of Steel 3. I wouldn't complain spawn #1 is heating up
  2. haha no but I have a lot of questions I ask myself
  3. CGC Update Yeah comics are finally here Today's thoughts must sell more comics and possibly upgrade to a better wwbn #32?
  4. nothing like you guys have but I'm proud to have them
  5. Today's lessons Ebay has a reverse feedback option? Today's thoughts Nervous about the move that's going to happen soon with the comics need to sell more comics Today's Trades DC presents 26 7.0/7.5 for Bat 181 2.0/2.5 Harley Quinn 23.3 9.0 Comics sold WWBN #32
  6. Today's thoughts I think I'm addicted to buying comics I need to stop buying comics and start selling Mini hauls over the last two days Purchases ^ plus 2 copies of aquaman 29 2 copies of daredevil 257 CGC 9.8
  7. I found some stuff too for the last two days and I'll post it later
  8. I was a little disappointed with the JLA 1.8 but overall I'm happy none of them are restored
  9. CGC Update Comics came back from cgc better than I expected stay tuned
  10. I'm flattered that you read the whole thread and my goal to buy and sell a million dollar comic however long or close I will get to that goal is better than nothing and my other was is become a voice actor.
  11. I remember trying that and I hate the balance sheets I'll give it another try do you have some links?
  12. I've tried doing that and I always would run into the problem of no one buying my comics even though they were .99 and I'd end up with a load of listing and re-listing fees I cut a lot to make this more readable - keep in mind that people are trying to help you here and not trying to say " I told you so" - I also misread about GPA - good that you have an account. KPR has it right (and he knows this business WAY better than I do) - you have not lost money if you still have stock. Selling 30 books - 30 individual sales sold packed and shipped in one day - or 1-3 bulk sales? . Which is better? Holding books so prices will rise because you bought high - that is one of the worst things you can do. That money invested is now stagnant. 90% of those who buy/sell seriously have overpaid for something at some point. The other 10% are liars. That cash tied up in those books can be working for you by turning more books - instead you are hoping the prices rise faster than bank interest or inflation. Stagnant stock is bad for any business. If they will move - get the most you can and get the money back working for you. As far as auction sales - if you have many realists of the .99 books - chances are they are not worth the cost to ship. Bundle them together for a bulk auction. Still no sale? - find some way to give them away with business cards to a diverse audience. You may get more sales - best case you get someone looking to sell. The idea is to keep as much up for sale as you can process. Waiting on books that can move now - is what you do when you have a lot of stock. And you do not choose based on what you paid - you choose what to sell/ hold based on the mix of books you have left. Making a living as a seller (of anything) - you have to focus on more than just maximizing each individual sale - you have to keep selling. Better to make less on each sale - but have many more sales. I never thought of those ideas one what I'm doing right now is selling what I don't need, buying more comics biding my time till the movies for those comics come out.
  13. the fact that he's not already doing so makes me feel much worse. I know this is painful to watch but I rather do it this way
  14. I was thinking of doing that but I don't want to make myself feel better by giving myself a better number if I'm in the negative then that what I write down. As for what I see if I don't sell the comics I put I negative till I sell them. I had a problem where I used to write down revenue and let me say I got in debt with college quickly so I'm not doing that again.
  15. Today's Purchase Tomb of dracula 13 Net Revenue update $-3727.18 from $-3000.25 so in other words my update is I lost money right now.
  16. this...... and to echo Revat again - you do not seem to have thought this out too well. This plan has MANY issues. I'll add one - what happens when you list a book under FMV without realizing it. Your presser sees the mistake and wants his cut of the $200 you left on the table. What then? There is no quick path to a sustainable business model - especially if you intend to buy and sell comics for a living. You will probably not listen - but the smart path would be this - 1. Pay as you go for grading and pressing services. This is how you MAXIMIZE your profit. Your plan will require an insane amount of record-keeping (and since you are sharing profits - probably even more as you need to file taxes properly) I've calculated that if I were to pay for pressing + shipping it would run me $150 bucks $225 dollars profit. 2. Get a GPA account. If you are dealing in graded comics - you need this tool It not only is used for current pricing - but you can see trends. You listed a couple of your RAW JLA #1s recently - for more than GPA had referenced for graded ones. Your buyers (especially ones on this site) have GPA (or know someone who does) and can see this pricing. I'm surprised you remember that and yes that was before I had GPA analysis so now I price things more fairly. 3. Movie hype helps - but you should never rely on it. That deal you made for the Infinity Gauntlet books - you stared that you were waiting for the movie hype to sell. Ok - but the books are not all that rare - and you have a glut of #1s. Bringing them all to market at once - and you do not maximize profit. Much better to list individually starting now - on ebay there are already more than 20 graded 9.8s available. Imagine the glut if you wait..... I think this is the only thing I'll do differently and if I fail you can say I told you so 4. SELL BOOKS. Seriously - some may be held on to - but you do yourself a big favor when you move books constantly and do not try and "time" the market. Cash flow (in this case - buying and selling constantly) is a LOT more valuable than buy and hold. you gain experience this way - and build your reputation reputation. I do sell comics in fact I sold about 30 of them yesterday and as for holding them it's so that they accrued value past the fact that I overpaid for them nothing more. Start with a goal - list 20 books a week on ebay. Increase the number if you want - but make sure it is manageable to start. Keep listing more (and relisting what does not sell).Look at the quantity of books on hand - think of how long it will take to sell them with your listing goals. It is not a negative to sell out of your stock - for you and how you have been progressing - might be a good thing and help you see how the plan is progressing. The fewer books you have - the better you can see how close or far away you are from any profit (easier to work up a FMV of 10 books vs 100 and be accurate). If you have stock - then you can at least see what your buying needs may be - and could also increase you listing numbers. At some point - you will see how much "free time" you have - and then you can get a decent idea of the maximum amount of books you are capable of listing. Pace out the high value books with lower value ones- then you have a balanced selling strategy. I've tried doing that and I always would run into the problem of no one buying my comics even though they were .99 and I'd end up with a load of listing and re-listing fees
  17. man you ask a lot of questions so I'll do my best to answer them 1. How initial value/grade is decided (for raw and slabbed books)? What about PGX? or CBCS? or CGC? The initial grade is decided by mean sending him scans of the comic and we both come to a agreement on grade and I've bought cbcs comics and I don't like them so cgc it is. 2. How is final grade decided (raw books)? There can be disagreements whether a book is actually improved. My comics all have defects that are obvious like spine rolls, waviness and wrinkles and we both come to a agreement on the grade. 3. What happens if a book comes back lower or the same grade? How fast are YOU supposed to get your money back in the case of pressing damage? Is partial refund plus the book ok? Or just a full refund and he keeps the book? As soon as the comics gets damaged during pressing he will refund 100% of my money and he can keep the comic as a future reference should he want to. 4. How are grading fees determined (if he submits)? Of course you pay the grading on any given book, but how much of the shipping fees and invoice fees are you responsible for? What about customs fees? Insurance? I am responsible for all the fees, including the invoice, shipping, customs and insurance fees simply for the reason that he separates my comics from his just in case we have the same ones. 5. What if he presses a book, you get it back raw, and YOU damage it by accident? The answer for this one is simple: I won't hold people responsible for my mistakes 6. How do you determine your final profit? Is it based on your cost? Based on the FMV of the book pre-press? OSPG? GPA? What evidence do you have to provide to the presser? The final profit would be decided by how much I paid for it, shipping costs, fmv before the pre- press, insurance and then I would take that away from the value of the pressed comic and split it with him. 7. How soon do you have to pay the presser after you get your money? We both agreed as soon as I get the money I will pay him. 8. What if the customer asks for a return after you've already paid the presser? How do you go about getting your money back from the presser? And how quickly? What evidence do you have to provide to the presser? I don't understand are you asking me if the customer would ask for a refund because it's pressed? and I also want to thank you for not trolling me but keeping me on my toes in a good way
  18. 50% of the profit of the NEW value??? 1. You'd have to agree on the starting condition. 2. You'd have to agree on the starting value based on the starting condition. 3. You'd have to let them know how much you sold it for (after fees, taxes, shipping etc), and that's assuming you didn't sell it bundled with other non-pressed comics (or those pressed by others). 4. What if you don't sell the books timely? Do you use the market value (which you can't seem to realize?) and pay him in advance of your sale? What if you argue about that value? What if he holds your other comics hostage because you can't sell the other comics he pressed and you disagree on the new grade and price of old comics he already pressed that you're now trying to sell. this is begging for an argument isn't it? unless you're only pressing slabbed books and then reslabbing or doing cheapies (and moving them quickly). This would take a remarkable amount of trust which can easily be damaged. Please please write out all the terms explicitly ahead of time, as this can go south in a million different ways extremely quickly. Or just don't do it. Pay for pressing per unit up at a set fee like any normal person in the comic business. These are good point to take into consideration and as for the trust factor I already shipped him 1500 worth of comics before. Not you trusting them - it is them trusting you. A pressed would basically be fronting you money for their services with the hope that you sell the books for a profit and pay them back quickly. This plan is full of issues- and you realize that there are times that pressing does not work or causes damage, right? - especially with amateurs. If the analysis of the book justifies pressing - pay by unit as Revat suggested. Thanks I've already spoken about that issue and he said he will fully refund the value of the comics if they get damaged they are worth about 150 bucks all together before pressing but it's nice to have a piece of mind and pressing by unit I have thought of that as well but he's the first one to offer to ship it to cgc and I pay him later for it
  19. 50% of the profit of the NEW value??? 1. You'd have to agree on the starting condition. 2. You'd have to agree on the starting value based on the starting condition. 3. You'd have to let them know how much you sold it for (after fees, taxes, shipping etc), and that's assuming you didn't sell it bundled with other non-pressed comics (or those pressed by others). 4. What if you don't sell the books timely? Do you use the market value (which you can't seem to realize?) and pay him in advance of your sale? What if you argue about that value? What if he holds your other comics hostage because you can't sell the other comics he pressed and you disagree on the new grade and price of old comics he already pressed that you're now trying to sell. this is begging for an argument isn't it? unless you're only pressing slabbed books and then reslabbing or doing cheapies (and moving them quickly). This would take a remarkable amount of trust which can easily be damaged. Please please write out all the terms explicitly ahead of time, as this can go south in a million different ways extremely quickly. Or just don't do it. Pay for pressing per unit up at a set fee like any normal person in the comic business. These are good point to take into consideration and as for the trust factor I already shipped him 1500 worth of comics before.