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alexgross.com

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Posts posted by alexgross.com

  1. 8 hours ago, zhamlau said:

    You know, 39k for a 5.5 with no chipping seems like a steal to me. It had meh eye appeal yeah, but still it was a solid copy. That might have been a mistake to let that go.

    i agree totally with this, if i had 40k lying around i certainly would have bid on it. it's hard to believe this wont be a 50-60k book within a few years, at most. 

  2. 1 hour ago, SC22 said:

    ComicLink:

    CGC 7.5 sold for 130 000$

    CGC 5.5 (beet up top right corner) sold for 39 111$.

    in spite of the down market for mid lower grade copies, still a shockingly low price for a nice 5.5. this market has changed in a hurry. and what an enormous spread between 5.5 and 7.5.

  3. On 11/16/2017 at 11:41 AM, 10¢ John (formerly Gopher John) said:

     

    Are there any other collectors that are turned off by the "investor" point of view, or is it just me.

     

     

    all commodities/ collectibles have both collectors and investors, and there's naturally alot of overlap. i have collected coins purely for the investment angle, really don't care about them for any other reason. i wanted to move into comics because i love them and have always loved them. i buy raw comics that i want to enjoy reading, and i buy graded, entombed key comics both to own them and for the investment value. i'm not sure why a pure collector would ever buy a slab, since it prevents reading the comic book. i remember when i got my first slab, how disappointing it was to realize i could never look at that book. but at the end of the day, i can buy any book raw if i want to read it. the keys are mostly all reprinted somewhere, so i can read those without having to get a raw copy, and be happy with my entombed books too as investments. i'm not turned off by investors in comics, because i think most of them, like me, also love comics first and foremost. 

  4. i said they dont have to because we are all bidding and buying the books in their auctions. you say you would not bid on a book without a back cover scan, but you're clearly in the minority of comic buyers. if no one bids, then they'll be alot more motivated to make changes. obviously it's double the time spent, so why would they spend money to do it if their business model seems to be working just fine? ( i totally agree with you that they should and find it super annoying)

  5. 5 hours ago, Glassman10 said:

    : They really need the money and the auction houses offer cash advances whereas no one else does that. Pretty major motivator. The auction house does fine regardless of how much the client gets burned. 

     

    sure, this must be true some of the time. but does everyone with an AF15 suddenly need the money now? it's highly unlikely that they all need the money now. collectors saw the price of this book explode awhile back and thought about it for awhile, and then decided to cash in. except now the market is falling. why they would still choose to 'cash in' now that the book seems to be worth less than 3 months ago is the question i have. they can't all suddenly need the money, come on. if this were the case there would have been just as many books on online auctions last year, which there weren't. there isn't a sudden recession that none of us is aware of. i would guess that soon we'll see supply taper off as collectors clue in that the book has been slumping of late. at least i hope so. 

  6. 16 hours ago, lou_fine said:

    Definitely no record setting prices on any of these AF 15's in this auction here.

    I guess it certainly doesn't help when you have a whole slew of them in various condition grades one after the other in the exact same auction.  Definitely not the best selling situation for the consignors of these copies here.   doh!  :censored:

    i've been wondering about that strategy. it seems that sometimes having 2 or even 3 copies of a book can be beneficial, in that an interested party might end up bidding on a lower grade copy in case they don't win the higher one. however everyone lately seems to be going WAAAY overboard and having 5, 6 and 7 copies of AF15 that are all close in grades, in the same auction. this can only be interpreted as greed by the auction houses/ sites. it obviously hurts pricing, as we're seeing. i suppose it's all gravy for the auction sites, but when will the consignors realize that the market is oversaturated and stop consigning their books? 

  7. 6 hours ago, World Devourer said:

    Now here's a question. Will comics from the SA still hold their value?

    FF#1 will be 76 years old. 

    I believe several factors will come in play, but would like to hear from others first.

    nah, they will all plummet. sell them all to me now at 75% discounted price so you don't lose out later. thanks.