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shadroch

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Everything posted by shadroch

  1. I checked out and lost about a dozen copy of Seduction of the Innocents back in the day.
  2. The website mentions checks. I didn't see anything about paypal. I would doubt they would eat the PP fees. Most of your questions would be answered by their website. They have assets in the 20 million dollar range so they may lock in a book with a line of credit and then sell shares. I'm not sure but I imagine they would answer any questions you have. As I have said, they have a pretty impressive management team.
  3. According to their site, when they first offer shares in a product, you can't sell yours for 90 days. After that they have an exchange where you can buy or sell your shares. Thy plan on holding most items long term but have sold two cars. The people who were in the IPO for the cars saw 16% and 18% profits on their investments. They explain it all pretty clearly on their website. I'm watching them and if they have an item I like, I will invest. The JIM at $250,000 is too high for me, but some of the non-comic items might be worth taking a shot on. From most of the comments I've read here, I was expecting a fly by night operation run by dubious mystery men. I looked into it thinking it was a POS and quickly realized it was anything but. I'm now on their mailing list for future offerings and may or may not participate in one.
  4. For a fairly small company, they have a pretty impressive management team, and their car division has gotten a number of good write-ups. You aren't buying a comic. You are investing in an asset that has a proven track record. No one knows what the future will bring, but if you'd been able to invest in this ten or twenty years ago, you'd be sitting pretty. The management has a good track record when selecting cars for people to invest in, from what I can tell. People who bought in to the first two cars they sold made 18% on one, and 16% on the other. Not a home run, but a solid double. I'm thinking they diversified into collectibles as a way to get younger people involved in their business and perhaps cross over into the classic car hobby.
  5. AMC no longer makes cars, but the value of an AMX is still pretty high. Picasso no longer makes new paintings, but his old ones still sell.
  6. To be a bit extreme, you could have bought a tesla last year for $60,000 and own a really nice car or you could have bought $60,000 worth of Tesla and now you're able to buy a nice private jet.
  7. Rally isn't some fly by night company. It's got a pretty impressive list of corporate officers and has assets of close to twenty million dollars. Some of you are acting like this is a kid operating out of a tree house. Accredited Investors get offered opportunities like this all the time. Going after small investors is unusual and I don't see much profit to be realized but I don't think they are going to snacking with the products or the money.
  8. It's called acting. Nothing about it is real. They actually film many more segments than get aired. The better you act, the more chance you can get on air. Think about this- Why would Greg, who has thousands of customers and is in great standing with his fellow dealers want or need to sell a book to a pawn shop?
  9. An ethics lesson from you? My night is complete.
  10. My favorite Iron Man period starts around issue 65-66 where he battles Dr Spectrum, then fights Thor, and soon after you have the War of the Super-villains. Back then, Iron Man was powerful, bu not over powered, had to carry his suit in a briefcase and constantly worried about running out of juice. These BA books are really cheap but good reads. While I enjoyed the run up to issue 150, the run from around 65-90 is my favorite. The Iron Man outfit with a nose and nuclear roller skates is still my favorite armor.
  11. If we are talking average 80s books, it might be closer to 95% of them.
  12. Having a lot of books make you a collector. Selling them all and buying a mega-key makes you an investor. There is nothing wrong with either. If I could trade my thousands of books for ten mega books, I'd do it in a heartbeat. Do you enjoy your collection or does it just sit in boxes taking up space? Would you keep the mega book in your home or in a bank vault?
  13. Very few raw books from the 80s sell for $50 each in less than 9.4, so the odds of you having hundreds of them are pretty low. If you go to mycomicshop.com, you will see example after example of a book where the 9.8 is offered for $125 and a VF of the same book is $7.20. Most, but obviously not all, MCS VFs would be 9.0s in many dealers wares.
  14. Go slow and learn the answers to your questions before jumping in the pool. When an uninformed newcomer ends up in a fight with multiple experienced buyers, the outcome rarely is good news for the newbie. The good news is that 99.9% of the books you will want are plentiful and with patience, you will find some at reasonable rates.
  15. When selling, a smart dealer factors in what it is going to cost to replace the book in his inventory.
  16. Spread the word. I'm sitting on far too many of them.
  17. That book was originally distributed in a plastic bag and came with a few goodies. If it is in the original bag, it would be 119P. When it is just the raw book, taken from the bag and without whatever goodies it came with, it is 119U. Different dealers and auction houses may use slightly different codes for these. Normally, a bag that came polybagged loses value when it is opened, but since CGC doesn't grade polybagged books, you can't get a 9.8 pollybagged copy. The question is will a CGC 9.8 book be worth more than the original pollybagged version. I can't answer that. In most cases, you can simply get a scruffed up slab re-slabbed without it being regraded, but CGC reserves the right to regrade if the book itself was damaged.
  18. I'd never heard of this company but it appears they have over 250 locations. I doubt they would go through the trouble to make these and stock them if they didn't expect to move a couple hundred units per location. I'd think they would prepare at least 100,000 bags that would make the odds of finding a key book one in 200. $1000 in sales for every "key book". Even if the average "key" costs them $40, that is still a very good profit margin as the rest of the books should cost a dime or less.
  19. How did his books get on the market? When I first heard of the collection, I assumed he had died and his heirs sold the books. What I've always found a bit strange was that if it weren't for the store owners writing his name on the books to hold them, that the books would have quietly been dispersed.