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Stefanomjr

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Posts posted by Stefanomjr

  1. Bloomberg article about soft art market and recent drop in auction results compared to 2022 highs.

    I'm surprised at how frequently the pieces in the article were being flipped.

    Don't think we have the same market dynamics on comic OA, however, we do seem to also be seeing a softening.

     

    A Softening Art Market Has Hit Last Year’s Auction Stars https://www.bloomberg.com/news/articles/2023-09-20/soft-art-market-sends-collectors-on-search-for-the-next-big-trend-in-art

  2. I've slowed down on both buying and posting. I suspect reasons for not posting fall into three buckets (for most)

    ONE

    No excuse not to post - I had a great X-Men #201 page that I sold via CLink last year - it was never on CAF. I can't speak to why I didn't post it. It represented a bunch of firsts for me: first Marvel page, first nostalgia page, first and only Leonardi page. I took plenty of photos but felt I never properly captured the image and so never felt the urge to share. 

    On the other hand...

    TWO

    Posting the page only reinforces the already established theme on my CAF - I bought a glorious page last fall - the story behind the purchase is as epic as the page and I'll treasure the page forever...I've shared the page with a handful of collector friends, via email and text, so I could cut and paste a very long description that would accompany the page should I post it on CAF. But the page doesn't really offer any further insights into my collection.

    THREE

     First looks, wow factor - I've got art framed in the home office,I love my framed art but they've become commonplace artwork that I'm looking at every day. Conversely, art in my portfolio hits me harder when I pull the portfolios down from the closet shelves. Furthermore, the portfolio art that ISN'T on my CAF really stops me in my tracks. 

     

    Maybe you can identify with one or all of the above. Let me know if there is a reason I missed. 

     

     

     

     

     

  3. On 1/5/2023 at 1:29 PM, GreatEscape said:

    Price reflects TWO markups-- one for the dealer and another for the consignor.  Might sell for $12-13k later this year if a willing buyer emerges...otherwise will be returned to owner no worse off.

    I always assume the dealer bought outright at auction and is looking to flip but I guess, to your point, the dealer is just the "clearing house"? 

  4. On 1/31/2023 at 8:43 AM, KirbyCollector said:

    At the NJ con last summer, I got a good look at a lot of our fellow collectors. Let's just say the vast majority are not as young or as fit as you are, Mike, and thus might not be able to outrun your average axe-wielding maniac while toting a Mountain Dew and a 14x17 Itoya :eek:

    Heeeey - I resemble that remark! (in the immortal words of the Three Stooges) 

  5. Some items at auction ending soon....good luck to all. 

    RADECED12022829_123224.jpg Asked Tim for Rogue "skinny-dipping in the sky", this is what he came up with. Now his signature suggests the orientation of the page but I actually think it works even better upside down.

    https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3FFocusedOnly%3D1%26where%3Dauctions%26title%3DTim%2Bvigil%26GO%3DGO%26ItemType%3DCA%23Item_1615479&id=1615479&itemType=1

    RADBC22B2022829_123148.jpgOrigin page for one of the best characters in the book - yes please!!

    https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3FFocusedOnly%3D1%26where%3Dauctions%26title%3DSean%2BMurphy%2B%26GO%3DGO%26ItemType%3DCA%23Item_1615478&id=1615478&itemType=1

    RAD914E2202292_84037.jpgLove Dani's style and thought she did an amazing job creating a bit of magical sequential storytelling. Plus a cool eco-terrorist Wonder Woman story on her 75th Anniversary. 

    https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3FFocusedOnly%3D1%26where%3Dauctions%26title%3DDani%26GO%3DGO%26ItemType%3DCA%23Item_1617208&id=1617208&itemType=1

    RADC48DF2022829_123310.jpgSaw JML a few times at NYCC back in my youth. Didn't give him much direction. Just asked for Dawn playing a guitar. 

    https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3FFocusedOnly%3D1%26where%3Dauctions%26title%3DLinsner%26GO%3DGO%26ItemType%3DCA%23Item_1615480&id=1615480&itemType=1

    RAD626F12022829_123344.jpgMaybe one of the earliest Dawn commissions?  - Cry for Dawn was a new book and I loved JML style.  

    https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3FFocusedOnly%3D1%26where%3Dauctions%26title%3DLinsner%26GO%3DGO%26ItemType%3DCA%23Item_1615481&id=1615481&itemType=1#detail

    RAD5F8662022829_123437.jpgEarly 90s Art Adams. I love his take on Colossus. . I was torn between asking for Colossus or Longshot - I think this is perfect and love that he left the pencil underdrawings  

    https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3FFocusedOnly%3D1%26where%3Dauctions%26title%3DArt%2BAdams%26GO%3DGO%26ItemType%3DCA%23Item_1615482&id=1615482&itemType=1

  6. On 10/2/2022 at 1:19 PM, Stefanomjr said:

    Bloomberg has fair and balanced reporting. They've not buried a thing. We hit lows in June and then had the best July in.... 20 years? Now we are back to testing those June lows. We've got a Fed that's raising rates and shrinking the balance sheet. It's never had to do both. The glide path to a soft landing is narrow.

    Inflation isn't an American thing... It's global. The Russian invasion of Ukraine and China's zero covid policy is mostly to blame.  Oil went from 130s to 80s, equity markets are choppy/volatile and down down down. 

     

    Meanwhile, US economy is the best house in the worst neighborhood. USD is incredibly strong against the euro and Canadian dollar.

     

    Americans are seeing their buying power dwindle. Europeans and Canadians are in the same boat PLUS their currency is weakest it's been against the dollar in over two decades.

    I think that translates into less buyers bidding at auction and less interest in dealers and their inflated pricing.

     

    Counterpoint to everything I just said... Tokyo Ghost issue 4 page 2 just sold for $4500Screenshot_20221002-132347_Chrome.thumb.jpg.55156a7ff42e7890b17a86a1c7c26843.jpg

  7. On 9/24/2022 at 6:56 AM, KirbyCollector said:

    Just an update for those who either don't pay attention to their 401K or don't have one, but the market took another huge hit this past week (in normal times it would have dominated headlines, but it has been buried for some bizarre reason). The heavy debate inside financial circles I belong to is: Is the bull market dead (i.e., peaked in Jan this year)? If so, it may become grim for any assets other than bonds over the next two years. I'm not fully in that camp yet, but right now there are very few market technicals which indicate an immediate positive outcome is on hand.

    Bloomberg has fair and balanced reporting. They've not buried a thing. We hit lows in June and then had the best July in.... 20 years? Now we are back to testing those June lows. We've got a Fed that's raising rates and shrinking the balance sheet. It's never had to do both. The glide path to a soft landing is narrow.

    Inflation isn't an American thing... It's global. The Russian invasion of Ukraine and China's zero covid policy is mostly to blame.  Oil went from 130s to 80s, equity markets are choppy/volatile and down down down. 

     

    Meanwhile, US economy is the best house in the worst neighborhood. USD is incredibly strong against the euro and Canadian dollar.

     

    Americans are seeing their buying power dwindle. Europeans and Canadians are in the same boat PLUS their currency is weakest it's been against the dollar in over two decades.

    I think that translates into less buyers bidding at auction and less interest in dealers and their inflated pricing.

     

  8. On 8/29/2022 at 8:16 AM, KirbyCollector said:

    Mystery question... who were the three foreign individuals (attractive 30ish brunette female with 2 men in Euro style clothes) buying art? I overheard Bechara telling someone they were  "the Italians" who bought over $100K in art from him at SDCC and were buying more yesterday... she was in charge and they seemed to be very active with all the dealers.

    I noticed them and they weren't speaking Italian. At one point she was behind the table taking some photos of some expensive pieces hanging and speaking to one of the men with her (who remained on the other side of the booth).. Language definitely not Italian.