showcase22gr1959 Posted November 27, 2009 Share Posted November 27, 2009 Happy Thanksgiving everyone. Someone asked me "Are were in a comic bubble" I believe we are in the 3rd inning and have a lot more room to rise (golden age and silver age quality material and high end) till this "bubble burst". Below are seven signs if we a in a comic bubble. 1) almost everyone you know talks about the rise of comics I don't think it has to become a mainstream phenomenon for a bubble to happen. The narrower the asset class, the narrower the buy-in has to be. 2) many people begin to flip comics for a quick profit We're already there. 3) many people spending their life savings and are cashing in their 401k to buy comics (I'm sure some of you out there have done this) I don't know specifically about these types of actions, but there do seem to be some heavily indebted collectors, including on these boards. 4) it's not about collecting anymore, but it's about making money We're already there. 5) restored comics are rising rapidly too Why? 6)five to ten comic related movies are made in one year. Again, this seems to be pretty arbitrary criteria and is influenced by factors that have nothing to do with demand for back issues, such as studio budget tightening and lack of financing for new projects. In any event, we're probably pretty close already. Not every comic-related movie involves Marvel or DC mainstream characters. 7)single comic sold for a million dollar There are several comics that could, they're just not for sale. But I agree that a headline number like this could accelerate the mania. 8)more single comics reaching $500,000-1,000000 in auction house Again, it takes 2 to tango, and the people who own books capable of reaching these figures ain't selling. 9)Showcase 22 9.0 reaches $200000 (I add this one in just because I love SC22 so much) How about. 10) when tth2 thinks the market is too pricey and unloads. Link to comment Share on other sites More sharing options...
1koko Posted November 27, 2009 Share Posted November 27, 2009 He did that 2 years ago? Link to comment Share on other sites More sharing options...
peewee22 Posted November 27, 2009 Share Posted November 27, 2009 I've always stuck to my guns: "Buy what you enjoy and enjoy what you buy." Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 27, 2009 Share Posted November 27, 2009 He did that 2 years ago? Really? I joined the boards in August this year, but have been collecting a while. Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 27, 2009 Share Posted November 27, 2009 I've always stuck to my guns: "Buy what you enjoy and enjoy what you buy." Buying and holding has worked for us collectors. If you buy what you enjoy, then that's a bonus. Link to comment Share on other sites More sharing options...
kimik Posted November 27, 2009 Author Share Posted November 27, 2009 (edited) He did that 2 years ago? Really? I joined the boards in August this year, but have been collecting a while. He still has a few bits and pieces left, but nothing much to get excited about. Edited November 27, 2009 by kimik Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 27, 2009 Share Posted November 27, 2009 He did that 2 years ago? Really? I joined the boards in August this year, but have been collecting a while. He still has a few bits and pieces left, but nothing much to get excited about. That BB28 is a winner for the long haul. That's at least 100K book in my estimate. Link to comment Share on other sites More sharing options...
kimik Posted November 27, 2009 Author Share Posted November 27, 2009 It will also be interesting to see how much he rakes with his GL #1 9.4 if he sells it during the pre-movie bubble. Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 27, 2009 Share Posted November 27, 2009 Showcase 22 CGC 2.5 cream/off-white Here goes another copy under 5.0. http://cgi.ebay.com/Showcase-22-CGC-2-5-Cream-to-Off-White-Pages-Gil-Kane_W0QQitemZ120498577793QQcmdZViewItemQQptZLH_DefaultDomain_0?hash=item1c0e466181 Link to comment Share on other sites More sharing options...
kimik Posted November 27, 2009 Author Share Posted November 27, 2009 Is this the same one that was posted in the FS section here a few days back? Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 27, 2009 Share Posted November 27, 2009 Is this the same one that was posted in the FS section here a few days back? I am not sure and I don't think so. I do know Dark Knight is trying to sell his 4.0 off-whites in the for sale section for $2200. Link to comment Share on other sites More sharing options...
tth2 Posted November 28, 2009 Share Posted November 28, 2009 How about. 10) when tth2 thinks the market is too pricey and unloads. If that`s the case, I`ve got some bad news for you... Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 28, 2009 Share Posted November 28, 2009 How about. 10) when tth2 thinks the market is too pricey and unloads. If that`s the case, I`ve got some bad news for you... Okay...what's the bad news Link to comment Share on other sites More sharing options...
Aman619 Posted November 28, 2009 Share Posted November 28, 2009 How about. 10) when tth2 thinks the market is too pricey and unloads. If that`s the case, I`ve got some bad news for you... Tim, dont let all the negativity scare you off. Your stuff is golden for a long time to come. Link to comment Share on other sites More sharing options...
tth2 Posted November 28, 2009 Share Posted November 28, 2009 How about. 10) when tth2 thinks the market is too pricey and unloads. If that`s the case, I`ve got some bad news for you... Okay...what's the bad news As 1koko indicated, I started unloading 3 years ago, and the process is ongoing. Link to comment Share on other sites More sharing options...
Aman619 Posted November 28, 2009 Share Posted November 28, 2009 oh. I thought it was ALL going on the blocks. Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 28, 2009 Share Posted November 28, 2009 oh. I thought it was ALL going on the blocks. I sense a short seller. Link to comment Share on other sites More sharing options...
peewee22 Posted November 28, 2009 Share Posted November 28, 2009 Wake up GL sleepy heads. Hal never sleeps...heck, it's 4:40 am in Ark, USA... Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted November 28, 2009 Share Posted November 28, 2009 (edited) Wake up GL sleepy heads. Hal never sleeps...heck, it's 4:40 am in Ark, USA... Good morning. Hey, did you know there is a street name Green Lantern lane in Missouri? Here's the latest news on comicpriceguide.com http://www.comicspriceguide.com/blog/post/2009/11/25/Showcase-22-CGC-65-Sells-For-245000-on-eBay.aspx Edited November 28, 2009 by showcase22gr1959 Link to comment Share on other sites More sharing options...
peewee22 Posted November 28, 2009 Share Posted November 28, 2009 Cool ! I guess I missed the $5k sale. Link to comment Share on other sites More sharing options...
