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Moderns that are heating up on ebay!
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Started by thirdgreenham,

63,829 posts in this topic

cbalroman

cbalroman

Posted
Posted
Alrighty folks - lets break this down a little.

 

Without having a 'whats bigger' contest - ie, just for fun, lets see if we can work out who has what on here.

 

As this is the current topic of debate - and great points being made by all posters, just who exactly has a #1 Peter Panzerfaust?

No trade secret here - if you have got it - awesome and good for you.

If not,i'm sure you are perfectly happy to be in that camp.

 

So we know there were 4814 to start:

 

I have 10.

 

Who's next?

 

Repeating - this is not a bragging contest - if you have 1 or 100, I am genuinely happy for you.

I would LOVE however to know just how many this board owns!

 

Please join in if you feel comfortable.

We can add JJenius's 50 I'm sure!

 

Next!

 

I have one #1 in both 1st and 2nd print.

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Qiky

Qiky

Posted
Posted
Peter Panzerfaust #1 has now had 2 sales over $500.

 

To be fair, those were both SS 9.8's with sketches. 3 blue labels sold for over $400 but the sales have been cancelled and no longer show as sold. One blue label showing sold for $355 but the last two sales before that were $200 and $140.

 

I own two blue's and would love it to be a $500 book but still would caution other potential buyers to be leery of the pricing right now as there seems to be some shilling afoot.

 

these thin markets are so easy to manipulate. this is worse than penny stocks.

 

So explain the raw that just sold for $350?

No manipulation here, just thousands of people wanting a very scarce book.

If it helps you to think its all smoke and mirrors, fair enough, but those of us who have followed, and purchased this book from day 1, know exactly the amount of "need" that is in the market right now.

I bought my first PP #1 9.8 (blue) with a 9.8 copy of Alpha Girl (blue) for $70 - 6 months ago.

I was in right from the start and knew, even at $110 for #1 - #6 that this was a winner.

If I see a raw run of #1 - #8 for $300 or less - I will buy without hesitation.

There is still an awful lot of room in this book.

Simply because it is awesome.

Brilliantly awesome.

 

 

 

I don't think "thousands" of people want this book for the current price it's fetching. (tsk)

 

The values went up to crazy levels because of the TV show deal in the works. Speculators want the next WD.

 

Look, I've read the series, and it is great stuff. HOWEVER, you can't honestly make the claim that the sudden increase in value is due solely to new readers discovering this brilliantly awesome book and now want to collect it and own a #1 for their personal collection at the current price point.

 

Why? Basic economics of supply and demand.

 

Compare the ratio of #1's print run to the current issue. The writer stated in the PP thread they still sell less than 5,000 copies per issue. Since #1 had a print run of 4,814 that's almost a 1 to 1 correspondence for all the true fans collecting the book to own a copy of #1. Mathematically, that would not cause the prices you see on eBay. Obviously, the added demand is coming from people who DON'T read the series. So who is it? It's specualtor's who know the book has a low print run and a TV show in the works driving up the demand.

 

^^

 

When a relatively new book jumps to the high levels as fast as we're seeing with PP #1, it's always due to speculators. It's crazy to think that someone who just bought the PP TPB at his local comic book store will immediately go on eBay and spend $300-400 on a CGC 9.8 copy of issue #1 - it just doesn't happen.

 

If you want to see what a non-speculator price curve looks like, Walking Dead up until 3-4 years ago is a perfect example - you saw slow, steady growth across the board for years & years as the book's following grew, with none of the insane price jumps that we're currently witnessing for PP #1 (or any of the other recent Image titles people have been speculating on).

 

It can't be stressed enough - speculators are looking for the next WD and they don't mind blowing a couple of hundred $$ for a book on the off-chance that it might be worth $2,000 some day.

 

Don't believe me? Pay attention to the sales numbers for the next 3-4 issues of PP - if they slow a steady, but modest growth, it'll give you a clear indicator of exactly what kind of monthly demand there is for this book. If they suddenly double overnight, I will, of course, happily eat my words, but I just don't foresee that happening.

 

SPOT ON!

A book worth this money that is less than 12 months old is crazy. This kind of walking dead emulation economics will be the death of modern comics. This short print run + TV deal = walking dead V2 is so flawed. It's like everyone forgets the decade of slow growth of WD and just wants to jump to the good part. Sure PP is a good book and sure it might be a tv show and if it continues to build a loyal reader base #1 might be worth $300 around the time the 37 variant covers of issue 50 come out, but not before.

It's not ever going to have a loyal and fanatic fan base like WD, your not going to see people with PP tattoos down their arms.

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Zaitsev

Zaitsev

Posted
Posted

I picked up a couple #1-a's and 1-b's, and a 2-a and 2-b fairly early, and wound up keeping three runs going from #3 through #8. Still waitin' for my #8's though.

 

Logically, I would want to cut my orders to one run to coincide with any major increase in print-run until I want to sell.

.

I'm not upset about not buying more #1's at $30 to $50 bucks each when the tv hype began, or by keeping a couple extra incomplete runs going till now.

 

I'm a little upset about not hunting down another quick and cheap #2-a back then, though.

 

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socktopi

socktopi

Posted
Posted

Hi guys, lurker here with three PP #1A's, and a healthy stack of #2-4. No one who isn't a speculator has ever heard of this book, and if you don't think there's at least a chance prices on this could crash and burn just as quickly as they have shot up into the looney sphere, I have some Youngblood #1's I'd like to sell you.

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krighton

krighton

Posted
Posted (edited)

print run for Youngblood #1 was around 500,000 copies and was a horrible read. No real comparison. The words no-one, never, will, guaranteed should never be used in regards to comic speculation (even though i use them also).

Edited by krighton
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kimik

kimik

Posted
Posted

It is funny - there are sellers still posting #1s and #2s with low BINs or starting bids. All they have to do is look at the recent results to see what they should be pricing them at.........

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Awax

Awax

Posted
Posted

I've been thinking..

 

Enjoy this moment right now guys. I don't think this is going to last. Once the sharks smell this blood and con season starts.. There is going to be so many ordering and image #1's in bulk anything new is going to be very available.

 

Last year at SDCC I was looking for a image hack/slash #1. I could only find one booth, after a long hunt, that had a copy. I'm thinking this year we will see a lot more dealers with moderns.

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