Rezin1234

Think they were a little hard on grading but love they came back blue. First Alfred makes me happy 

For your consideration, here are 3 of my fav books just back from cgc  

On 10/5/2017 at 1:16 PM, telerites said:

 

Action 1

Tec 27

Cap America 1

Here they are

2 hours ago, Bio-Rupp said:

Is either pic there of the centerfold?  And if not, could you please post a pic of it plus at the staples of the CF?  

xxx ooo

Rupp

 

At work now but I will take some pictures when I get home.

For sale is batman issue 2 from the golden age. Comic is the second appearance of both joker and catwoman. Comic is coverless. Splash page is brittle and barely hanging on. Rest of the book is solid and page quality significantly better. Comic is complete minus the missing cover. 

Perfect for someone looking to put together issue 2 and finds just the cover. 

Asking $600 plus shipping obo. 

Returns accepted in 2 weeks after delivered minus any shipping costs. 

Just now, telerites said:

 

Action 1

Tec 27

Cap America 1

I only wish, Nothing that amazing, but really cool really old books.

3 hours ago, telerites said:

Curious, too, if they have been marked shipped/safe so you can see the grades - how did you do?

Others above have shared the info but in case you the CGC pages detailing the process you can see it here -

https://www.cgccomics.com/grading/

 

Books have arrived. Need to pick up from post office.

So I am very happy mainly cuz they were Blue labeled. Grades of 0.5, 0.5 and 1.0

Question is what books were they

2 minutes ago, Bomber-Bob said:

It's possible for the grade to change, even after leaving the grading room. Happened to me a couple times years ago. Also,not sure if this is true with the new slab design, but certain books were turned away in the encapsulation room if there was any chance of damage.

Wow. That's really interesting. Thanks for the background. Really insightful. Kind of antsy to see how my books did. Oh well I'll just have to wait a few more days 

4 minutes ago, Bomber-Bob said:

Years ago, they used to tell you the grade immediately upon grading. However, this led to some problems and they now changed it to Shipped/Safe.

Thanks for the information. You wouldn't happen to know the problems it led to would you?

So I submitted my first batch of comics awhile back and the listing now shows as graded, yet everything still says NA. Is there a reason why they wait until the item has been shipped to show the grades the books got?

Got this recently. Not sure whether I'll slab or not. 

It ain't the prettiest but I'm in . 

Sorry for the late reply. I know 2 people that had booths at the con. 1 owns his own comic shop and the other is a dealer that goes to Tons of cons. Both were very happy with the turnout and sales. Store owner said he made a weeks worth of sales in the weekend and the dealer made 10x the booth cost and bought a couple collections at a great discount. 

Next year likely to be even bigger 

Final bump. Headed for feebay tonight. 

Doesnt hurt to make an offer 

Bump. Offers welcome. Book is super rare only 400 print run back in 2012. Only 34 cgc 9.8s on census. Would easily be the crown jewel of any spawn collection. 

If no interest off to feebay 

Hi. For sale or trade at $2200 shipped is spawn 222 kudranski variant graded 9.8. Payment to be via PayPal goods and services. 

No returns unless issue with the item. 

Trade wise looking for 1-3 books of similar value from golden or silver age of the superhero variety. 

Please let me know if you have any questions 

On 9/7/2017 at 5:22 PM, FSF said:

I realize that IRR isn't a cash out but any project has to meet that thresshold as a return to achieve.  However, in a lot of cases, there are debt leveraged companies that actually pay interest to fund projects so it would be a cash out of some amount.

And no one suggested that Marvel movies haven't been wildly successful.  We all know they have.  This is about what the future may bring and the bar is higher and higher to make an impact.  The passage you quote doesn't at all detail exactly how those numbers are derived so we can't know for sure what costs have or haven't been included, though I assume there were plenty of profits to be made which I never stated otherwise.  Would it really shock anyone if the budget for the next one or a final third or whatever winds up with a budget of $250M and more s&m and grosses only $600M (an impressive revenue number to the vast majority of lay people going to these movies), but one which will ultimate result in millions in losses?

I mentioned taxes because the net profit number is what ultimately is made.  Companies don't keep taxes so one always has to look at the BOTTOM line and know exactly what is in it for them.  As for EBITDA, that is a Wall Street concoction to peddle overvalued equities in an effort to pretend that companies are making more than they actually are.  If EBITDA is what's so important, why does the SEC require income statements to be submitted on a net income basis???

 

 

 

 

Your statements are more rambling than the quote I put. You throw out numbers that have no relevance. If 1 business makes 1 million and another makes 1 million they generally have the same tax cost. Therefore tax is irrelevant. Cost of making profit. No one cares about taxes because it's a given that when you make money you owe taxes. 

Not like the $100 million they made on doc strange would have resulted in less taxes if they made $100 million in something else. 

The IRR which I still don't think you understand is basically a model to gauge the successfulness of an investment. It's not a cost it's not anything. If doctor strange was wildly successful, you don't subtract IRR cuz it's already wildly successful. No test required. 

All your other comments have no basis in fact. If you want to say I don't think marvel will continue to stay this hot, good for you and you are entitled to your opinion. 

Ant man 2 with the same budget doesn't need to do twice the business to be a solid endevour. Look at pirates of the Caribbean it continues to make less than the 2nd installment but it's still profitable enough to be green lit for another installment. 

$700 million to break even. Show any link to back up this preposterous claim, you are throwing random numbers. That would mean almost every xmen movie has bombed . 

Keep throwing out numbers with zero factual basis. I'm done. Mic drop 

14 hours ago, FSF said:

There are a million links out there for those who care.  I spent a quite a bit of time a couple of years back researching movie profitability.  It is difficult to get exact answers because the studios do not share this kind of information in detail. Here is an article that gives a good primer on movie costs and all that's involved and you can see the 2x there.

http://io9.gizmodo.com/5747305/how-much-money-does-a-movie-need-to-make-to-be-profitable

Dr. Strange had a reported $165M dollar budget.  On top of which they had to have spent probably at least $100M or so, if not more on advertising and promotion.  Then there is the required internal rate to consider which for a company like Disney is probably about 12%.  So you'd have to increase the costs by 12% for each year that goes by before money is recouped.  The mid point of that spend is about 18 months.  So that's $300M+ to recoup.  In Dr. Strange's case, it may have made up to about $100M before taxes.  But there are some other costs (some direct and some allocated) that will reduce that number.  Then of course, there is some extra backend with video and all but that's relative chump change.  This is how the movie industry works.  That's why the industry said if Star Wars VII didn't get $1 billion in gross, it would have to be considered a flop.

You do know internal rate is the amount of profit a company sets as the bar of profitability. It isn't a cost. Basically if I spend $100M I want 12% ROR which means I need $112M to hit my goal. The $12M isn't a cost but my hoped profit.

Here is the calculation from deadline on Dr Strange

"Kevin Feige’s Marvel just doesn’t miss when it launches franchises, even the ones that focus on secondary characters. This was a big swing at a $165 million budget, which was $30 million more than Ant-Man. It crushed the competition early last November with an $85 million domestic opening weekend that was fueled by strong reviews. Doctor Strange grossed $232 million domestic and $335 million foreign, with another $109 from China for a total of $677 million. Factor in about $38 million in Participations and Off-the-Tops, and that leaves Marvel’s parent company Disney with a net profit line of $122 million, and a Cash on Cash Return of 1.3. A nice welcome to the Marvel family for Doctor Strange, with a sequel and appearances in the upcoming sequels to The Avengers already in the offing."

This is before all other income from selling rights to netlfix and tv channels (which is more than chump change) and is all pure additional profit. End of the day total profit was through the roof for one of the lesser known Marvel titles.

And taxes? why is this even relevant, all income is subject to tax. This is why analysts look at EBITDA.

This is how the business world works and Marvel products have been the closest thing to guaranteed profits this side of Harry Potter.

6 hours ago, FSF said:

We don't know how astronomical any of it has been.  15% is a lot but you make it sound like it's predominantly comic movies and Star Wars.  They also do a LOT of animation movies as well as every other kind.  What we do know is that it take $300-$400 million to make one these movies and market them.  Which means that it takes about $700 million plus to break even.  It's a risky proposition.  Fox may be rebooting FF but only because they see that comic movies are lucrative and the Jessica Alba franchise didn't do THAT bad as I recall.  If the comic movie scene proves itself to be less profitable or not at all, then you would see FOX throwing the FF on the shelf perhaps never again to be seen in our lifetimes.

One thing you can count on with human beings is that they have a STRONG tendency to believe that the way it is now, is what will always be.  And virtually in every case, that has proven to be folly.  It's like the mentality that Hulk 181 has gone up exponentially so that must continue right?  I'm not in that camp.  I can see a day when increases are rather tepid.  In fact, I expect the next recession with a few years to prove out that point.  We've already seen virtually all non-keys from SA to modern become substantially less.  And these books contain all of these super popular characters.  

Astronomical can be easily determined by how the marve properties are littering the all time revenue charts. Not sure if even 1 marvel movie didn't make a huge sum of profit. You are stating the movie division is tiny at 15%. Look at the revenues of the movies, marvel is the serious player, disneys other movies can be hit or miss but I don't think anyone can say marvel movies haven't all delivered to some degree. 

I didn't state anywhere that there will continue to be growth like I wouldn't say hulk 181 is likely to continue to grow so I'm not sure where that argument came from or is even going. 

Also, maybe there too end movies cost 300-400 but Thor dark world was not $300M to make. Go to box office mojo and find other movies that cost the same as the marvel movies  based on your logic almost none are profitable (here's a hint, most are). $700 to break even? Where are these numbers even coming from? You're telling me doctor strange needed $700m to make a dime, I don't think any movie studio would green light anything with a similar budget  

1 hour ago, FSF said:

Their valuable IP as far as I'm concerned is the Star Wars franchise, which is an entirely different thing from comics IMO and in the minds of many.  The entire studio division brings in less than I think 15% of their profits.  A huge chunk of that must be Star Wars.  I'm sure they'll milk Star Wars for all that its worth but I'm not sure what other IP needs protecting that has meaningful impact on their profits apart from a short term blip here and there.

 

 

I am not sure how you think 15% is a little piece of pie. That's a huge segment of their revenues. Disney's stock would take a huge hit if they are off top line by even 2%. The returns on Marvel products have been astronomical as has been Star Wars. While the first SW movie was an absolute beast and really made a difference, the Marvel features have been huge and much more frequent.

Look at Fox, they have lost a fortune on Fantastic Four but have continually rebooted it just to keep the rights that's how valuable it is. The movies are just 1 piece, but look at all the ancillary sales they get off the movies, from video games to costumes to toys. If you think Marvel is just another drop in the bucket you are missing the picture big time. Any top 50 company would absolutely love finding an acquisition that adds even 5% to the bottom line at a cheap cost.

I live in a very populated part of the country and boomers don't seem to be putting their stuff up very often. Far more people chasing those collections than the number coming up for sale. That being said I did just buy a 3K book collection that had some really rare Golden age and early silver age DC books. Books I never thought I would find in the wild. Def don't see a quick cash out though.

I just bought a collection that had some of seriously amazing golden age books from a certain DC character. I will post them once graded by CGC

1 hour ago, combiner1 said:

sooooooo jealous  

 

congrats to the new 9.8

Thanks. I can't believe it came back as a 9.8. 

2 minutes ago, JcomicJ said:

how much did you pay for it?

Not sure how to answer that. I paid 2800 for a collection. Sold a ton of stuff got my money back and kept a ton of books. This was randomly in the box with 3 copies of the regular 222 copy