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gumbydarnit

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Posts posted by gumbydarnit

  1. I want to thank Felix and his guests for getting us all to think about and examine this hobby more carefully. We have invested a lot up to this point in our collections and I for one, think it's time to take a step back and survey the current landscape with clearer eyes. If you listen to enough of them you start to see some themes developing.

    Most of the major collectors are slowing down. The inflated above market price tags are a turn off to them, and these are guys have deep pockets and love this stuff but they are losing the drive to collect given these prices.

    They are happy with their collection, even if the market collapses and it wipes out a big chunk of the collection's value. They are all in the same age range mid 40's-50's. Some might attempt to cash out at some point but most want to keep their collection until the end.

    It is generally thought that some dealers bid on pieces to keep the prices from getting to low and to get the bidding action going to further drive up prices. We have a confirmed example of a dealer shilling on his past auctions. There is one auction house (maybe more) where employees are allowed to bid on pieces in their own auctions.  For me this all adds up to the big kicker:

    The high prices realized at auctions are used by collectors to embolden themselves to justify their LARGER purchases.

    If that FF cover sold at auction for XX then I feel good about buying this one for a bit above that. Ever see an auction result and think WOW! IT SOLD FOR THAT... I better get to that dealer's site and pick up that artist's similar example before someone beats me to it. Not to mention those pesky rumored private sales "Did you hear the Byrne X-Men #___  cover sold for $_____!"  What you don't know is how much of the price information we are getting is REAL and how much is SMOKE AND MIRRORS?

    The more that I learn from these seasoned collectors, the more I feel it's time for me to slow my roll. I don't want to get caught up in "the prices are only going up" mentality to justify spending more on a piece than I think it's really worth.

    Not predicting a crash, bubble or a correction. I'm just saying, you might want to watch your step... it's awfully smoky in here and you don't want to hit your head on a mirror.

  2. Felix great job as usual! Thanks to you and Jim for letting us have a peak behind the auction house curtain.  It was fascinating how frank and upfront Jim was during the interview.

    As to Heritage employees' ability to bid on auction items, it would be nice, if it was noted beside the running bids which bid was placed by an employee of Heritage.

     

    For example:

    $29,900 (*HAE)

    $30,400

    $30,900 (*HAE)

    * Heritage Auctions employee's personal bid.

    This wouldn't reveal the identity of the bidder, it just lets us know what the frequency of bids come from Heritage employees.

    Thanks again for letting us hear your thoughts and for providing another resource to buy artwork. 

     

     

     

  3. Philip, I believe he may have at one point owned the sketch. His ebay handle looked very familiar, I tried to check my scattered records and see if he was the ebayer that originally sold me the sketch, but I couldn't find the ebay email regarding that purchase.

    I would guess, he made a high res scan, sent me the original art, and years later printed it out and was trying to sell the printout as an original.  

    I can't tell you how odd it feels to be clicking around ebay and see art that you have sitting in your portfolio posted for sell!!

  4. I feel good about the collection I have acquired over the years, but if I were to start over today with all the fake sketches, unused covers and general misinformation I would tread very lightly and maybe concentrate on buying directly from artists or artists' reps.

    Here's my one dealing with this type dark side of the hobby - I bought a Wolverine sketch by a name artist 12-15 years ago, fast forward 10 years - I was clicking around on ebay and saw THE EXACT SAME sketch for sale. I took a high res detail scan of a particular area of the drawing that showed underdrawing etc... and sent it to the seller stating that I own the original drawing, that he must be selling a copy. He replied something like- Oh my I don't know how that happened I'll take it down right away.

    You wonder how may copies he had sold of that sketch before I stumbled upon it, particularly because I don't search for that artist's work often. Oh yeah, he had OUTSTANDING ebay feedback!

  5. Another fun and well hosted podcast Felix, HOWEVER you are slipping a little... I believe this podcast just had one quick mention on the Dark Knight Returns ; )

    Ever consider an on topic show focusing on one artist (.ie Frank Miller)? Felix Lu, Scott Williams and Dave Mandel talking Daredevil, Ronin, Dark Knight and their Miller art would be a fun show. If it went well, Neal Adams, John Buscema, Jack Kirby, and my favorite -  John Byrne could be potentially as fun shows as well, with passionate collectors talking about their favorite artists! Or just keep doing what you are doing your podcasts are outstanding!!!

    I like the Chicago guys, those type of friendships keep the hobby fun. They mentioned their DAY trip to Comic Art Con, that seems to be very common. I went to the last Comic Art Con and finally put a lot of faces with screen names but, after the con everybody bolted! I was thinking how fun it was going to be to talk shop with all the veterans of the hobby after the show, but just about everyone turned to vapor. They probably just wanted to shake the new guy and head to a major party in Albert's luxury suite, having a ball trading Kirbys and Ditkos like there was no tomorrow!

    Steve

  6.  

    I waited to post till after the auction to be fair to those bidding on it. 

    Two nice pages from Byrne historic Galactus story just ended, they sold as a pair for a even 10k. 

    Seemed low to me... any thoughts?

    Here's the link to the completed auction:

    http://www.ebay.com/itm/Fantastic-Four-244-pgs-4-5-Galactus-1982-Signed-art-by-John-Byrne-/362030038865?hash=item544aabff51:g:LZYAAOSw3h1ZXXcZ

     

    IMG_3218.PNG

    IMG_3219.PNG

  7. Mike thanks for uploading all those killer photos (109 pics) on CAF:
    http://www.comicartfans.com/galleryroom.asp?gsub=11513

    Congrats on such a cool and successful event, I now have to order one of those programs!!!

    It must be a trip to see your collection so nicely displayed and filling up all that space in the gallery! Does this event plant the seed for the "Mike Burkey's AMAZING SPIDER-MAN Museum"?  

    Steve

     

  8. What a tangled mess we find ourselves in while acquiring pages we really covet, sorry for your 2002 experience. The waiting for a deal to unwind itself to a final conclusion can be painful. So happy that you eventually pushed through the mess to get your page.

    I suppose at the end of the day it's what art brings the biggest feeling of joy and satisfaction is the most important. With the realization that the quest is next to impossible, the trading of these pages for ones that are more impactful to you makes total sense. 

    Steve

  9. FS on Ebay '78 Chaykin/Austin Superboy 240 pg 12

    I told a friend I would spread the word about this nice vintage Howard Chaykin inked by Terry Austin example.  It should be a bargain, at much less than say a Byrne/Austin example from '78 ; )

     

    Here's the link:

     

    http://www.ebay.com/itm/SUPERBOY-and-LOSH-240-pg-12-NR-Art-by-Howard-Chaykin-Terry-Austin-1978-/272602542777?hash=item3f7860b2b9:g:kvUAAOSwB-1Y1I9V

     

    Worth clicking to see a nice big scan of Terry's razor sharp inks! Starting price $570.01 -No Reserve.

     

    Word spread,

    Steve