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Hollywood1892

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    ASM 300 heating up

    in Copper Age Comic Books

    Posted · Edited by Hollywood1892

    21 minutes ago, jjonahjameson11 said:

    Let's approach this in another way, shall we?

    Print run was high for this book and there's no denying it.  ASM 300 has the most # of copies slabbled by CGC and there's no denying it.

    However, I do not believe supply is high for 9.6's and 9.8's.  Many people are hanging onto their copies (in many instances, they have multiple copies) for whatever reason.  The reasons for hanging onto this book are numerous, but regardless of the reason, that supply of books is held back from the marketplace.

    Now, when you add ever-increasing demand for the book, the result is the current volatility for this book, which I expect to continue to the second Venom movie and beyond.

    I read like 1/2 a sentence of what you wrote and completely agree...I got to "Let's approach this...."

    ASM 300 heating up

    in Copper Age Comic Books

    Posted · Edited by Hollywood1892

    13 hours ago, jjonahjameson11 said:

     A 9.8 white pages just sold on eBay for $5.9K.  This sale, in addition to yesterday’s clink sale of $6.5K indicates the bar has moved upwards again. 
    The $5K plateau that lasted these past few months has lifted.  Look for continued higher prices in the short term.  🚀

    Yep....I'm thinking this book has so much power despite it's commonplace in the comic community. Supply and demand completely ignored in terms of value, and this is due in my opinion to the amount of collectors out there who want this as the mantelpiece in their collection. In terms of value my X-Men 1 is the most valuable and maybe 4-5 times the value of this book, but ASM 300 is still my favorite book. And you could probably agree that you have more valuable books, but this could be your most beautiful!

    LOVE VENOM!

    Like you literally see some sort of Venom variant on everything (Comic wise) nowadays!

    Let's ignore Supply and demand and remember what the great economist Adam Smith said in his Magnum Opus Wealth of Nations

    "The true value of something is how much someone else is prepared to pay for it"

    Also

    "Man is an animal that makes bargains, no other animal does this. No dog exchanges bones with another dog"

     

    Are Comic books dead or dying?

    in Comics General

    Posted

    19 hours ago, Matty B said:

    (Disclaimer: I have other investments like stocks, gold so my money is not all tied up with just comics)

     

    As the direct market comes to a different place then it was years ago with lower sells and lower issues being printed. I find myself thinking that having $45k worth of books for enjoyment and investment for my future is not going to age well. I work at my local comic book store and I see people between the ages of 20-60 and those in the 40-60 age branch say that collecting for investment is a poor idea due to no one really caring about comics anymore. This media will go away like vinyls and cds and they recommended I sell off my Collection or consider collecting something more sustainable like Tesla stocks or Bitcoin. I buy books for the purr enjoyment of finding it and holding a book in my hands that has traveled for 20-80 years to get where it is now. How many people saw it and held it and read it or where it started life. The investment side only came to my realization when I graduated high school and found out my collection is worth now $45k (selling the books a fair price) if were to sell them on the high end I could MAYBE MAYBE get $58k-$60k as my math adds up (13 years of non stop collecting and books given to me by old collectors for screaming deals since they can not take them to their graves). I have a little over 120~ Golden age books mainly Action Comics, Superman, Timely, Nedor and classic WWII covers.  Some are worth $150-$600 but mainly of them are worth in the thousands like Action Comics #44, Superman #23, #26 #32 or Marvel Mystery #48, #51 and #55 or Wonder Comics #3, #4, #6 or Batman or Zip comics or Americans best etc.. I also have around 1400~ Silver age, Bronze age books and some keys include ASM #129, Marvel spotlight #5, and Marvel special edition #15 and Avengers #4 etc. I have been collecting since I was 9 and my local comic store always hooked me up with the deals since he saw my eye light up like a Christmas tree. Now that am getting older just curious if any of you think the second hand market will fail or be killed off due to no new collectors.

    To the LCS "that's why I say 'Hey man, nice shot!'"

    To the circumventing seller/investor 

    200w-1.gif

    ASM 300 heating up

    in Copper Age Comic Books

    Posted

    46 minutes ago, jjonahjameson11 said:

     A 9.8 white pages just sold on eBay for $5.9K.  This sale, in addition to yesterday’s clink sale of $6.5K indicates the bar has moved upwards again. 
    The $5K plateau that lasted these past few months has lifted.  Look for continued higher prices in the short term.  🚀

    Amazing