intlnews

On 4/19/2022 at 12:52 AM, Aman619 said:

the advantage to selling the comics and reinvesting is you'd save 8% in capital gains taxes on every dollar of profit after reinvesting the proceeds.  But you'd have to find investments that will increase in value quicker than the comics.  I wouldn't worry about "diversifying" into stocks.  chances are you already have a portfolio of them.  But, if all your keys are restored, that's another matter because they won't be appreciating at the same rate as High Grade unrestored comics will.

also, like the guy complaining about a dealer who wouldn't bargain over $15 in Comics General... what happened at Heritage that you say they cheated you?  You're may be cutting off your nose to spite your face because they can auction your books at exciting prices. Why the grudge?

I sent them like 20 WATA games to sell and was in the agreement not to list at the same time. They listed them all at the same time and since they were a lot of dupes, it depressed the value. The POS who handled the transaction said too bad. I found out one buyer bought all of them and sold them one by one on ebay. I hate that #*#&$) company.  I've received calls from them in the past since they know my collection. I think my last words to one of them was drop dead.

I wonder, is there like a 1031 exchange for comics and other investments?

On 4/18/2022 at 11:29 PM, supapimp said:

I hear ya. But how bad do you need the money. I say hold out as long as possible. Best wishes 

Don't need it at all. I know they are like gold and prob. can get a nice advance within a week from just about any auction house. I guess I am holding out for an Action 1. Which, I'd probably have to sell Tec 1, 27, BM1 and SM1 to acquire. Not sure if that's a good deal.

I hate Heritage. Mf'ers screwed me over on come graded video games a few years ago.

On 4/18/2022 at 2:38 PM, chrisco37 said:

Keep the Tec27, the Supes 1 and the AF15.  Sell the rest.  

With those books, you would be able to negotiate a very fair/favorable percentage with Heritage (if you went the Auction House route).  And I know some of our resident dealers would love to take those books on consignment.  

Maybe that's the route you go (if an auction worries you).  Consign them to someone at your "no regrets" price (even if it's high).  If they get bought, great.  If they don't, back to you they go.  

I've not taken a complete inventory of the collection.  I need to update the pricing. It's a bit mind-blowing to consider..

On 4/18/2022 at 2:24 PM, Funnybooks said:

fair

If you are in search of greater potential returns, I would sell yesterday and purchase stocks. However, will you be able to stomach the risk of the volatility? 

Why not sell some books and diversify? You can have it both ways as it's not a zero sum game.

 

 

Certainly considering it..

On 4/18/2022 at 2:22 PM, Gotham Kid said:

yes Ext Pro, yours ?

Slight, A, pro.

On 4/18/2022 at 2:15 PM, Gotham Kid said:

a restored Batman 1 8.5 just sold on HA for 69K

Seems like it had a  lot of work done.

On 4/18/2022 at 2:15 PM, Terry JSA said:

Sounds like you have plenty of gems tucked away. 

What are the chances of you having an All-American #16? Asking for a friend. 

Sadly no.

On 4/18/2022 at 2:12 PM, Gotham Kid said:

what grade ?

3.5 restored (professional).

On 4/18/2022 at 2:09 PM, Funnybooks said:

what are you going to do with the proceeds?

Look for other investments.

Not needing to sell, just wondering if it is wise to consider. Some people know I've been mulling selling some of my collection for years..  Just hard for me to pull the trigger. I also have a full 1 - 30 CGC graded Spider-Man collection. Never would I expect these values on some of these comics. Agreed on the auction houses, but the problem that I will run into with these comics, is the average collectors prob. could not afford these and this takes a huge chunk of potential buyers for the golden age books.

On 4/18/2022 at 1:59 PM, dodger said:

I would sell and buy the best Detective 27 I could find.

 

Already have one. Never selling that.

On 4/18/2022 at 12:39 PM, Troy Division said:

If this were reddit, there would be calls for pics or gtfo.

Taking you at your word, to me there are more factors at play here to determine YOUR best course of action.
You don't have to answer these but your age, mortgage status, employment status, and what will be your capital gains on the books.

Personally, there is no way ANY of those books go back to 1990s prices.

I've posted my pictures before, so this is immaterial.

On 4/18/2022 at 12:28 PM, october said:

Your Detective 1 is restored, or unslabbed? I don't see any 8.5 blue copies on the census. 

If I owned a Detective 1 it would stay with me til the grave. 

On 4/18/2022 at 12:30 PM, Stefan_W said:

All of those are blue chips keys and will likely continue to climb. Maybe less so with the Tec 1, and the ASM 1 seems to be climbing out of proportion due to the current market, but the others. If you can afford to keep them I recommend doing so. 

On 4/18/2022 at 12:29 PM, chrisco37 said:

Do you want to keep the book(s)?  Or are you trying to cash out (retire early?).  What are your plans for the money if you sell? 

Are you just considering because you don't think the market will hold?  Not really sure what the question is here???

Assuming the Tec 1 is Blue Label, I think their estimate of 100k is low.  

Dec. 1, SM1, BM1 are restored, the others are all universal.  Was going to sell to build up reserves for another investment. Never really planned to sell them, but the prices are nuts now. Just concerned with the changing of people's tastes that comics may change and they'd be worth much less or heaven forbid, nothing.

I've been mulling over selling my Detective Comics # 1 8.5 with an auction house. They're estimating an obscene amount for the comic.  I purchased it in the 90's for 10k, they are projecting over 100k for it. Normally, I wouldn't, but with comics so high, I am concerned that the price, over time, will just go back to 10k or below. They also want me to list my Superman # 1 @ 7.5, Batman #1 8.5, Spiderman # 1 @ 9.4 and Amazing Fantasy 15 @ 5,  but I am not too keen on selling those.

What would you guys suggest? I've been going back and forth in my mind for years on all of them.  I also have others, but these are probably the most coveted.  The insurance premiums have been going up as the values continue to climb too.

On 10/2/2021 at 4:32 PM, jason4 said:

Soooo... what is the buyers name? We all need to block this person. 

hurena0529

On 10/2/2021 at 2:20 PM, ttfitz said:

I would think that would be something you either consign or put in one of their auctions.

Thought the same, but the rep only offered to purchase it at a ridiculous price.  Prob. either post the high end CGCs here or send it over to the place I cannot stand; Heritage (bunch of liars). There's also comiclink.  Ross thought it would sell close to 15k  few months ago. I may reach out to them.

Tried to message MyComicShop and wanted to sell/list Amazing Spider-Man #2 CGC 7.0. They offered me less than half the actual value. Strange.  

Still fighting with eBay and have officially filed a complaint with USPS.  Will continue to post on my battle with eBay and the POS user; which I'll also post his/her username too. Just waiting for the case to be closed one way or another.

On 9/29/2021 at 11:51 AM, Smushi said:

Been selling on hipcomics as well as eBay and the staff over there are super friendly. A lot lower fees as well. 

I'll check them out too.  Thank you.

On 9/29/2021 at 8:51 AM, Yeahiwasder4dat said:

I'd contact the postal inspectors. I've had it happen a few times.

Yes, this is what I am doing today. Unreal the whole experience. Years ago, there were so many online auction sites. Now, basically one. Sucks.

On 9/29/2021 at 12:13 AM, Motor City Rob said:

Did you insure the package? Should be able to get your money back.

Yes, I did. However, it shows a delivered, so I am not sure how I can legally file a claim with the USPS.

On 9/28/2021 at 2:01 PM, BigLeagueCHEW said:

Do you have the buyers ID so we can block him?

Seems like a new buyer with a "0" rating. Yet, they took this POS claim over a seller with over 20k in sales this year. Makes sense (not). Not sure if I am allowed to post his user ID.

On 9/28/2021 at 12:34 PM, ADAMANTIUM said:

oh and a good place to sell your comics would be

mycomicshop.com

there have been many threads lately where the owner explained the criteria, and everyone espoused it as a quality site  

 

I'll check the site out, thank you.