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rsouxlja7

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Posts posted by rsouxlja7

  1. On 4/30/2024 at 10:38 AM, batman_fan said:

    I remember a poll done on the boards a while back to look at the age of collectors and the peak was definitely on the older side.  I would say it suggested the slowdown in prices was out a ways (20yrs?) but that poll was years ago.  May be interesting to refresh.  I still spend a lot on stuff but I am prepping to clear out about 10,000 comics and about 100 boxes of toys, cards, etc. after I retire in 2 years (actually 594 days not that I am counting).  Trying to figure out the best venue to sell through.  Considered an EBay store but selling through EBay seems like the you risk a lot of scammers.

    I think the MCU and DCEU declines probably sped up those timelines lol 

  2. On 3/13/2024 at 9:52 AM, Robot Man said:

    Kept records? :roflmao: I was way more busy digging up stuff for my collection than documenting what I paid for it.

    This endevor has always been just a hobby for me. I never in my wildest dreams thought this stuff would be worth much. Any money I made usually just went back into buying more junk most people just threw away. Stuff that taxes were paid on when new.

    I’m just a little fish hobbyist not a financial genius. The financial gain I might make is a pure accident if I were to sell it all. And certainly not my motivation.

    There are 1%ers out there making billions and paying nothing or next to nothing in taxes. And, yet they waste their time on folks like me…

    Unfortunately it's because the rich have all of the resources to challenge the IRS on their audits and they don't have the manpower to make them pay up. It's infinitely cheaper and easier to send automated notices to the common man that received a 1099 from PayPal that they can tell didn't get reported on a Schedule C without having a human involved, and the common man is more likely to pay up without a fight. Just the world we live in. 

  3. You'll want to compare the value of the book raw vs the book in the same condition graded and take into consideration the grading fees and pressing if you are going that route as well. Personally I never bothered grading anything worth less than $1,000 due to those factors. 

  4. An easy way to analyze it: if you had the value of your collection in cash today - would you spend it to buy those books? If not, sell. 

    Also consider opportunity cost. If you plan to put the money in stocks, real estate, etc. - you have to consider the returns you'd expect to make on those investments vs what you think the comic market might do. 

    I sold half of my collection a year ago and put it in the S&P 500. It has return over 25% in that time. The stuff I held onto went down 10-20% in that same timeframe.  

  5. On 1/29/2024 at 10:48 AM, BeardedBubba said:

    Congrats!  I was watching your first print on here and Facebook wishing I was in a position to grab it.  I've sold two first prints in the past 10 years and miss them both.  :)

    Thanks man. I will probably end up regretting it and miss it but at the same time it just sat in a safe rarely to see the light of day lol It was nice to own though for sure. 

  6. On 1/12/2024 at 1:26 PM, Sweet Lou 14 said:

    I realize the question wasn't directed at me, but I can tell you Bob supports either model.  I always ship (or hand deliver) my books to him because that is waaaaay cheaper and much less hassle than shipping each one when they sell.  Hope that helps.

    Thank you I may look into going that route for one of my books

  7. On 1/11/2024 at 9:47 AM, shadroch said:

    I've dealt almost exclusively with MCS for the last few years. Unlike the other auction houses, they pay lightning-quick.  The last time I dealt with Comic Link, I was told my check was on Josh's desk, waiting to be signed. He must have gone on safari or something, as the check arrived almost a month and three phone calls later.

    My really big books- AF15, TTA27, JIM 85, ect- I consigned to Bob Storms and am pleased with the results. He gets top dollar for key stuff.

     

    For the books you consigned to Bob Storms - do you ship the books to him and then he brokers the sale or do you keep them until he has a deal in place? 

  8. On 1/10/2024 at 10:27 AM, 1Cool said:

    I disagree with you here.  There is quite a large amount of drop available for big keys especially since a lot have not yet given up all their 2020 - 2022 gains yet.  I don't typically talk much about big key or golden age books since they are outside my wheelhouse but unfortunately everything that commands a high price has room to drop in these type of corrections.

    I hope not, I have a couple more big books I need to sell lol 

  9. In my opinion comic collecting isn't going anywhere and prices for big keys don't have much more room to fall, but I don't see a rebound coming anytime soon either. I think the short term future (5 years) is just prices just staying about where they are, which is when you have to factor in your opportunity cost of holding these books vs investing elsewhere. Of course if you are just buying books to collect then you are probably going to be just fine. I would not be buying books with plans to invest, but I also never did see comics as part of my investment portfolio. 

  10. On 1/10/2024 at 9:57 AM, AGGIEZ said:

     

    Getting ahead of the FF movies coming out by posting the FF48 books in prep for them to fly off the shelf when Silver Surfer shows up in a trailer? Seems like there are very few "key" characters that haven't appeared in the MCU, SS being one of them (don't count FOX appearance). 

     

    I would think future Fantastic Four and X-Men MCU involvement is already "priced in" for the big keys. 

  11. I have this book listed in other places so I thought I'd list here as well.

    A few rules...

    • Shipping: Included in price, USPS Registered Mail. 
    • US buyers only. 
    • Payment: PayPal preferred but if you'd like to pay with check or another method please PM me first. Time payments available but PM me first to discuss.
    • No returns. Sales are final. 
    • No probation list or hall of shame users.
    • :takeit:trumps any PMs. 

    My feedback thread: https://boards.cgccomics.com/topic/395594-rsouxlja7-feedback-thread/

    My eBay feedback: https://www.ebay.com/fdbk/feedback_profile/rsouxlja71

  12. On 12/31/2023 at 8:30 PM, Telegan said:

     

    I think part of it is due to the (general) lack of liquidity in comic books.  There's a log between wanting to sell a comic and actually getting it sold (for the most part).  If you want to sell a stock, you put in your market/limit/whatever order, and you kind of know what it sells for.  With a comic, you send it to an auction, put it up on eBay and a few days to months later, you pray you get what you want for it, but you're at the mercy of the "market" as far the price.

    A lot of the S&P and NASDAQ already corrected.  You can also look at it as sectors in comics - Modern, Bronze, and Silver have been getting decimated, while a lot of Golden Age have been resilient but have started (?) correcting.  Just like if you look at something like the Russell 1000 or 2000 in stocks, it's out-run other sectors.  Energy stocks were once flying but have settled down, but some are looking for those and biotech as well as homebuilder stocks to go up this coming year.

    Maybe a lot of the comic money also went back to crypto as it doubled, tripled, quintupled, etc.  Who knows.

    That’s one of the things that I think a lot of the new “investors” don’t really get about these high end collectibles - it is generally DIFFICULT to sell this stuff unless you’re blowing it out for a deal, and the fees can eat you alive if you’re not doing it yourself. I only have a few books left to sell and I will be glad to see them go lol