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Which books should I sell?

Started by RickHigh,

59 posts in this topic

Illiterati-migration

Illiterati-migration

Posted
Posted
I currently have an ASM 129 in CGC 9.2. How much longer is the movie hype going to hold - it seems to me the the prices are still going up, so should I hang on a few more months? 893scratchchin-thumb.gif

 

When is the damn film out anyway?

 

April 2004.

 

As for selling it, watch for preview trailers and other photos and get rid of it quick if they start appearing. I remember when the Dulldevil trailer (and dent-head Bullseye) appeared, it deflated the market within a few minutes.

 

This movie is gonna suck hard, so time it right.

 

ROFL Classic JC... er, oh... hi Joe... heh. Thought you were Bugaboo for a second there. blush.gif

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THE_BEYONDER

THE_BEYONDER

Posted
Posted

Definitely get that ASM 129 slabbed ASAP and toss it on EBay to hit the movie hype.

 

I currently have an ASM 129 in CGC 9.2. How much longer is the movie hype going to hold - it seems to me the the prices are still going up, so should I hang on a few more months? 893scratchchin-thumb.gif

 

When is the damn film out anyway?

How about a scan?

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localshop

localshop

Posted
Posted
I currently have an ASM 129 in CGC 9.2. How much longer is the movie hype going to hold - it seems to me the the prices are still going up, so should I hang on a few more months? 893scratchchin-thumb.gif

 

When is the damn film out anyway?

 

April 2004.

 

As for selling it, watch for preview trailers and other photos and get rid of it quick if they start appearing. I remember when the Dulldevil trailer (and dent-head Bullseye) appeared, it deflated the market within a few minutes.

 

This movie is gonna suck hard, so time it right.

 

My recommendation: Early November, as the hype should be kicking and it's in time for Xmas dollars. If you wait til after Xmas, you might not get half what you do right now.

 

Is there ANY chance at all that this book is going to hold it's value after the movie?

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joe_collector

joe_collector

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Is there ANY chance at all that this book is going to hold it's value after the movie?

 

27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif

 

Here's the deal with movie hype: Nothing is ever hotter than the day before it hits the streets.

 

But that heat dies quick, and even with a hugely successful movie (like Spider-man) comic prices fell from pre-movie hype levels.

 

Now just imagine the drop for horrible flicks. 893whatthe.gif

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COI

COI

Posted
Posted
I currently have an ASM 129 in CGC 9.2. How much longer is the movie hype going to hold - it seems to me the the prices are still going up, so should I hang on a few more months? 893scratchchin-thumb.gif

 

When is the damn film out anyway?

 

April 2004.

 

As for selling it, watch for preview trailers and other photos and get rid of it quick if they start appearing. I remember when the Dulldevil trailer (and dent-head Bullseye) appeared, it deflated the market within a few minutes.

 

This movie is gonna suck hard, so time it right.

 

My recommendation: Early November, as the hype should be kicking and it's in time for Xmas dollars. If you wait til after Xmas, you might not get half what you do right now.

 

Is there ANY chance at all that this book is going to hold it's value after the movie?

 

No.

 

Recently, a Slabbed ASM #122 in 9.6 sold for just over $800. Expect the same for ASM #129 a year from now.

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Foolkiller

Foolkiller

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I think that Amazing 129 does have long term potential. I'm not sure that it will ever reach hulk 181 proportions (i'm sure it won't), but Spidey 129 was a hot book back in the early 90s, corrected severely, and now is back on the move. But the Punisher is an important character in the Marvel Universe History and represents an introduction of a very important shift in the kind of character presented. That being said, I'm a firm believer in not just hopping on the bandwagon either, but I think that this book is a fairly safe bet (as safe as things get in comics) to reach a steady value increase after a small price correction post movie hype.

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joe_collector

joe_collector

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The reason that I ask the question is that I could have sworn that I have read on other threads that some forumites view 129 as a book with reasonable long term potential.

 

Of course it is, but you have to go back in time before the "movie hype" insanity took over.

 

During the initial CGC foray, this was a $400-$500 book in 9.4 and I can remember right at the apex of the CGC hype, hitting over $700 was considered reason for celebration. That was what we classed as an "insane price for insufficiently_thoughtful_person speculators".

 

Check out the prices now, and you'll see we've long passed insanity levels. Just because ASM 129 is viewed as a comic with reasonable long-term potential doesn't mean it's okay to buy it at any price.

 

If a beautiful CGC 9.6 copy of ASM 122 has hit $800 post-movie hype (and Spider-man was an incredible BO success), then you can pretty well imagine what will happen to ASM 129 when this slip-shod, low budget reek-fest drops off the BO map about 2 weeks into its run. Even if it matches the success of Spider-man (yeah right 27_laughing.gif), just check out pre-movie and current prices on ASM 121-122.

 

Prices will drop, no matter what. If the movie bombs, blood will flow, and if the movie bucks the odds and is successful, it'll still be a slow, fatal wound to pre-movie hype prices.

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COI

COI

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I love ASM #129, as I grew up during the Punisher hype of the 80's and I've always loved the Character. But I simply can't see the book climbing past current levels. Even if guide continues to show growth, slabbed 9.4's are currently commanding over 1K. I don't think people realize how many NM's are out there that have yet to be slabbed. I know of one individual who has quite a pile of HG copies that I've seen with my own eyes, and I'm positive a good chunk of them would get 9.4 at CGC, and none of them looked lower than VF/NM. There are just too many copies out there, and after the movie hype subsides there will be an influx of copies flooding the market and there won't be enough buyers out there willing to pay $1000 for a 9.4.

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Foolkiller

Foolkiller

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I'm not sure either that the books will continue to break $1000... but I'm going by an increase in the OS for a raw book. I know most of the time we're gauging by the CGC copy... but I think that the book in the OS is slightly undervalued. I think if you can get a raw copy around, or slightly above OS price you're doing well.

 

On the other hand, it makes no sense to buy a book that everyone else is currently trying to buy when you know there's a big supply out there. Obviously, I'm not recommending paying a $1000... but I my original point was just to say that I think over the course of the years, this book enjoys some historical significance detached from any movie hype.

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lighthouse

lighthouse

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Those of you following along at home will know that I rarely agree with JC on anything market-related (unless it involves price variants)... So it should give more than a little pause that I am completely in agreement with him on ASM 129...

 

This is not a bad book to own. If you bought a raw VF/NM copy and paid around $125 for it, you're not wrong in hanging on to it. The book has legs at those levels. But, as a book to speculate on at multiples of guide, it's an old dog turd drying in the sun...

 

This book lost half its guide value in the late 90's, at a time when the rest of its contemporaries were on fire. It is extraordinarily rare for a collectible to lose half its value in a bull market and ever recover its previous momentum. It doesn't matter whether you are talking coins, cards, comics, vases, paintings... It just doesn't happen.

 

That doesn't mean there aren't buyers at today's guide levels. That doesn't mean there won't be buyers at those levels two years from now. But a book to apply a speculative multiple? This isn't a situation where a character sat dormant and a return to the spotlight is all that's needed to fire up the bandwagon. Garth Ennis and Steve Dillon have done an incredible job with the character for over three years now.

 

Most of the time, you can't apply stock market theory to collectibles pricing. But this is a case where the fundamentals just do not support growth. Buy to flip if your risk tolerance is high. But don't complain if you're left holding a book worth 1/3 what you paid...

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Darthdiesel

Darthdiesel

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I remember the roller coaster prices on this book and agree that it is actually selling for less than it did 10 years ago - but prices on the book tanked after Dolph Lundgren's wonderful rendition of Vendetta personified.

 

Contrary to the popular notion that it is movie hype for Spidey 2 causing these return to record sales figures fro ASM 129, one only need look back to Coyote Ugly as the catalyst for the increased demand for the book...

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lighthouse

lighthouse

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Not true, my Catholic pornographer friend...

 

Word on the street is that The Jackal will be featured in Spider-Man IV: Quest for a Paycheck... and everyone knows that his is the far more important first appearance... 893naughty-thumb.gif

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