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GermanFan

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  1. Building trust is hard. Losing trust is easy. Rebuilding trust is very hard.
  2. So we are back in pre CGC times again? Meaning CGC certifications have lost their core function: creating trust.
  3. Because shapeshifters are real. Even in the comic collecting community there are some.
  4. If its under 10 k look for a trustworthy board member as a middleman and compensate him. If its a high ticket book pick it up in person.
  5. That was interesting. How he points out that the money squeezing trickery with comics didnt end with the appearance of grading companies but rather changed (the pressing and resubmit game).
  6. I just read the market report of : "Art at auction. The year at Sotheby Parke Bernet" 1974-75 (right after the oil shock). It reads like written today: Falling prices all across the board. Rising interest rates, tough to lend money, banks going bankrupt, Inflation, Recession, declining stock and real estate. Worrying if and how the art market responds. Its all cycles. They go on reminding of all the recessions before, WW2, WW1, 19th century and so on. Nothing is new under this sun. Especially not the human condition.
  7. Gresham's Law. The bad money drives the good money out?
  8. Why should someone being a fan of MCU Movies start collecting Comics? Maybe a few do of course, maybe most then the Omnibus books or other reprints. I assume the numbers of ppl start collecting vintage comics bc of the Marvel Movies will not having a significant effect on prices.
  9. As a dealer it doesnt matter where prices go as long as you generate enough profit. The price decline has to start somewhere and its naturally at the weakest areas, moderns, bronze and abundant SA. Demographic is destiny. The only unknown factor is the right timing. Give or take 10 years at most. I would imagine auction houses and dealers are hoarding books in order to keep prices from falling but that brings storage and insurance costs and is dead load (like in the diamond business where scarcity is artificially produced by holding back). So at some point the have to sell/auction those many books. The simple fact is: demographic is destiny. The Boomers who rose ALL the asset prices are slowly dying off and the following demographic is not strong enough to hold the prices or even rise them. Besides lacking the strong interest in collecting non digital stuff (which has nothing to do with Spiderman and Hulk being part of the american folklore). And the hope that non americans, except some europeans, collect US comics in a significant number is not realistic imo.
  10. This is a screenshot from a Ken Burns Documentary. September 1939. Amazing Mystery Funnies down right?
  11. There is more money in the world than things to buy with. That explains much.
  12. A friend of my father was a very knowledgable coin collector in the 70s. Once he got a call from a seller and went to his house to look at the coins. He bought some coins among them an old german coin he never had seen before. He got it for a song and later sold it at auction for huge money, half the value of a house in germany to that time. The seller was so suspicious he had a revolver laying on the table when they negotiated the deal.