How a BSD could make a single comic collectible..

[minutekev@50]

..and therefore worth much, much more..

 

Got this idea from the 40,000 Action thread.

 

Start buying up every highgrade CGC comic of a particular key issue that's offered...and then (gasp) start destroying them!

 

Until there's one left.

[sckao]

..and therefore worth much, much more..

 

Got this idea from the 40,000 Action thread.

 

Start buying up every highgrade CGC comic of a particular key issue that's offered...and then (gasp) start destroying them!

 

Until there's one left.

 

Some forum members like Calamerica seem to be collecting extraordinary quantities of a single issue (Iron Man/Submariner #1).

 

Unless the comics were publicly destroyed, however, how would everyone know? (Like say in a fire.) High profile copies of keys are generally known especially if they're pedigreed.

[Apotheosis]

Can you imagine the backlash from the collecting community as a whole if someone did that? He'd be referred to as Hitler/Dupkac for the rest of his life. Hell... I'd consider going to his house and burning it down.

[minutekev@50]

But think if someone like B. Gates just jumped into the comic market for the helluva it...not content with owning just one issue of a single key...he wants ALL the CGC issues in high grade...Could anyone say no to Bill Gates and his unlimited bankroll?

 

Then, after which he executes the lesser copies Nuremberg style....I don't know maybe he wants to usher in the age of Fahrenheit 451, i.e. "This book, magazine, comic [!@#%^&^] has been around way too long...time for the Age of the Computers!"

 

But he wants to keep a slab for some ancient history museum he's planning. ...

[fantastic_four]

Unless the comics were publicly destroyed, however, how would everyone know? (Like say in a fire.) High profile copies of keys are generally known especially if they're pedigreed.

 

There wouldn't have to be any explicit public advertising of such an act. Lack of supply on an in-demand issue would work its own magic, just as it does for the issues already in short supply. It would take a few months or possibly a few years, but the value would rise as more and more people realized that a particular issue is near-impossible to find.

[sckao]

Unless the comics were publicly destroyed, however, how would everyone know? (Like say in a fire.) High profile copies of keys are generally known especially if they're pedigreed.

 

There wouldn't have to be any explicit public advertising of such an act. Lack of supply on an in-demand issue would work its own magic, just as it does for the issues already in short supply. It would take a few months or possibly a few years, but the value would rise as more and more people realized that a particular issue is near-impossible to find.

 

Actually, the original supposition was that there was only one left... as in only one Action #1.

 

Which means that all the other high grade Action #1's have to be purchased and then somehow destroyed without generating public ire. It's not the same thing to know that so and so BSD has the Mile High Action #1, while another BSD has another HG copy, etc.

[fantastic_four]

Which means that all the other high grade Action #1's have to be purchased and then somehow destroyed without generating public ire. It's not the same thing to know that so and so BSD has the Mile High Action #1, while another BSD has another HG copy, etc.

 

If the person who sells the remaining copy isn't the same one who did all the buying and destroying, then any public ire should be a moot point since it wouldn't be directed at the remaining owner. If Geppi bought up all the Action 1s including the Mile High copy but came to an agreement with the current owner for him to keep possession of it, destroyed all but the Mile High, waited a few years, and then sold the book and gave the holder a cut of the profit, the ire would be directed at Geppi, not the current holder. Geppi could also pay someone to do all the buying and be totally out of the picture.

 

Not that I think Geppi would do any of this...I just used his name because he's the only one I could think of who could buy up all the Action 1s still in existence!

[Ian_Levine]

Start buying up every highgrade CGC comic of a particular key issue that's offered...and then (gasp) start destroying them!

 

Until there's one left.

 

 

Is this what happened sixty years ago to the Double Action 1 - till there were NONE left ???

[namisgr]

I find this premise weird for two reasons. One is financial. If a hoarder were to purchase the 20 high grade copies of a relatively rare key for $X each, then the lone remaining copy would have to sell for far in excess of 20X for the maneuver to be financially worthwhile. Second, the destruction of high grade rare collectibles would be something repulsively objectionable to the vast majority of collectors. I'm not saying that such an approach is beyond comprehension, but it seems highly unlikely and potentially unprofitable to me.

[FFB]

I can think of about eight million better ways to make a lot of money, beginning with the most obvious one, hard work and dedication, and also a less obvious one, becoming an amateur porn director. Anyone with enough money to buy up all of those books has the resources to make tons more money with the money they already have (by investing). One would have to be a psychopath even to try this investment tactic.

[spider9698]

If I'm not mistaken wasn't this done by a BSD stamp collector years ago?

[towards2112]

But,

What if a dealer, slightly better off than say,,,,me,,,,

Decided that he wanted to artificially inflate the market on a modern

issue with a print run of some of the current mid to upper tier

Marvel or DC offerings of the last 3 to 5 years. Pick a semi-well

publicized issue that had a great write up in most of the comic

related periodicals, Preview, CBG, Wizard, Uncle Bob's Overstreet,

The Gemstone pubs, etc, etc.

Maybe said issue had a print run of 75,000, and was the first

appearance of Whootietootie Man ! Cover was $ 1.95 when issued,

and was a total, abismal flop. Fancy that.

Mr BSD then decides that the sidekick hero, Lil Snivler Boy has

enough bright points going for him that he will be a re-occuring

character in the imprint's "team" comic.

Mr BSD has deep enough pockets to put the 400 copies he didn't

sell into the deep freeze and slowly begins to network with other

dealers with tall piles and offers them cash for their dead stock that

may not sell in the quarter box. Over a period of 8 to 10 years Mr BSD

has close to 25,000 copies, another 25,000 actually made it into

circulation and non-comic shop vendors wiped their fannies with the

other 25,000 copies. Mr BSD is sitting pretty. At San Diego, he talks

for a few minutes with Gareb, Maggie, Mr whomever from whatever

and asks if the rumors of a Lil Snivler Boy killing Senior Guapo in the

upcoming summer crossover, die cut, multi covered spectacular is true.

AND like dogs barking throughout my neighborhood, the rumor spreads

like week old peanut butter. To reinforce this maliscious and rumor,

Mr BSD talks the talk with all the other BSD dealers he can think of,

spends a little time chatting on various online forums, again where

maliscious rumors take on a life of their own, and SUDDENLY, their

is a great search for the much maligned trash back issue.

THEN imagine that Mr Publisher dude hears that his character

that he barely remembers owning the rights to, is THEE hot dog of

the comic community.. Within a few months the publisher releases

the crowning glory of "LIL SNIVLER BOY # 1" with holotraumatic

cover, with a real drop of Senoir Guapo's blood mixed into the

ink.......

 

 

[minutekev@50]

If that were to happen I would say...

 

 

 

THE WHEELS ARE IN MOTION!!!!

[FFB]

I'd rather work for a living or be an amateur porn director to make my money, thankyouverymuch.

[minutekev@50]

I'd rather work for a living or be an amateur porn director to make my money, thankyouverymuch.

 

How about an amateur porn actor?

[FFB]

I already have that as a part time job. It doesn't pay well in monetary terms, but the work, as they say, is its own reward.

 

I'd rather work for a living or be an amateur porn director to make my money, thankyouverymuch.

 

How about an amateur porn actor?

[Red Hook]

I'd rather work for a living or be an amateur porn director to make my money, thankyouverymuch.

 

If you were making money at it, you wouldn't be an amateur. You'd be a pro!

[Red Hook]

If I'm not mistaken wasn't this done by a BSD stamp collector years ago?

 

Didn't the Hunt brothers do that with the world silver market many years ago? Gene?

[THE_BEYONDER]

..and therefore worth much, much more..

 

Got this idea from the 40,000 Action thread.

 

Start buying up every highgrade CGC comic of a particular key issue that's offered...and then (gasp) start destroying them!

 

Until there's one left.

 

Wouldn't it be better to pretend to destroy them?

[14 of spades]

Didn't the Hunt brothers do that with the world silver market many years ago? Gene?

 

Reading This Makes It Sound Eerily Similar to Some of the Proposed Crash Threads...

 

"When the Hunt's had begun accumulating silver back in 1973 the price was in the $1.95 / ounce range. Early in '79, the price was about $5. Late '79 / early '80 the price was in the $50's, peaking at $54.

 

Once the silver market was cornered, outsiders joined the chase but a combination of changed trading rules on the New York Metals Market (COMEX) and the intervention of the Federal Reserve put an end to the game. The price began to slide, culminating in a 50% one-day decline on March 27, 1980 as the price plummeted from $21.62 to $10.80.

 

The collapse of the silver market meant countless losses for speculators."