Copper's Heating/Selling Well on Ebay 33 33

[divad]

On 6/2/2023 at 5:24 AM, ygogolak said:

Factor in the cost of storage space, maintaining temperature and lighting, etc....

Those are really ancillary costs that you would probably normally incur any way . . . not exactly hard costs (unless you're deducting them as business expenditures.)  

[FlyingDonut]

Yeah, I'm doing more than $1200 per year. Don't you worry. I need to keep Mrs. Donut in the lifestyle to which she has grown accustomed.

[FlyingDonut]

On 6/8/2023 at 12:08 AM, divad said:

Those are really ancillary costs that you would probably normally incur any way . . . not exactly hard costs (unless you're deducting them as business expenditures.)  

Everything gets deducted. Know your costs and you can't go wrong.

[F For Fake]

POTENTIAL SPOILERS FOR TRANSFORMERS:RISE OF THE BEASTS DISCUSSED BELOW, IN CASE YOU CARE ABOUT THAT SORT OF THING!

 

Noticed that my copy of G.I. Joe and the Transformers #1 on my GPA account has been nudging upward.

Spoiler

Apparently related to the new Transformers movie, which indicates a film crossover is coming?

Plenty of raw copies out there for $3-$10, wonder if we'll see a run on them after the weekend. May be worth digging through your dollar bins before the weekend is out. I'm not selling my 9.8 unless it goes ballistic, but asking prices are now double what they were a couple of days ago, and GPA shows the last sold copy was $400. Curious to see where it ends up.

[MAR1979]

On 6/8/2023 at 4:36 PM, F For Fake said:

POTENTIAL SPOILERS FOR TRANSFORMERS:RISE OF THE BEASTS DISCUSSED BELOW, IN CASE YOU CARE ABOUT THAT SORT OF THING!

 

Noticed that my copy of G.I. Joe and the Transformers #1 on my GPA account has been nudging upward.

  Hide contents

Apparently related to the new Transformers movie, which indicates a film crossover is coming?

Plenty of raw copies out there for $3-$10, wonder if we'll see a run on them after the weekend. May be worth digging through your dollar bins before the weekend is out. I'm not selling my 9.8 unless it goes ballistic, but asking prices are now double what they were a couple of days ago, and GPA shows the last sold copy was $400. Curious to see where it ends up.

Ends up? or spikes to?  Law of gravity applies. remember the folks a year ago who were paying hot prices for first Illuminati issue HAHAHA!

Edited June 8, 2023 by MAR1979

[F For Fake]

On 6/8/2023 at 5:33 PM, MAR1979 said:

Ends up? or spikes to?  Law of gravity applies. remember the folks a year ago who were paying hot prices for first Illuminati issue HAHAHA!

Yeah, I’m satisfied with my copy, so I won’t be buying more, but it may be worth paying attention to the prices. Or…it may not! For all I know the movie may bomb. So, take it for what it’s worth.

[ADAMANTIUM]

On 6/8/2023 at 4:57 PM, F For Fake said:

On 6/8/2023 at 4:33 PM, MAR1979 said:

Ends up? or spikes to?  Law of gravity applies. remember the folks a year ago who were paying hot prices for first Illuminati issue HAHAHA!

Yeah, I’m satisfied with my copy, so I won’t be buying more, but it may be worth paying attention to the prices. Or…it may not! For all I know the movie may bomb. So, take it for what it’s

I saw it as a prescreen so if you want spoilers pm me.

 

Edited June 8, 2023 by ADAMANTIUM

[F For Fake]

On 6/8/2023 at 7:10 PM, ADAMANTIUM said:

I saw it as a prescreen so if you want spoilers pm me.

 

Appreciate it, but there’s a pretty good chance I’ll end up seeing it, so I’ll go in as fresh as I can.

[ADAMANTIUM]

On 6/8/2023 at 8:59 PM, F For Fake said:

Appreciate it, but there’s a pretty good chance I’ll end up seeing it, so I’ll go in as fresh as I can.

I did the same, no worries!

[kimik]

On 6/8/2023 at 3:57 PM, F For Fake said:

Yeah, I’m satisfied with my copy, so I won’t be buying more, but it may be worth paying attention to the prices. Or…it may not! For all I know the movie may bomb. So, take it for what it’s worth.

Based on some of the rumours that are floating around re the Hasbro-verse, it may have a bit more staying power. 

[GeeksAreMyPeeps]

On 6/8/2023 at 4:36 PM, F For Fake said:

POTENTIAL SPOILERS FOR TRANSFORMERS:RISE OF THE BEASTS DISCUSSED BELOW, IN CASE YOU CARE ABOUT THAT SORT OF THING!

 

Noticed that my copy of G.I. Joe and the Transformers #1 on my GPA account has been nudging upward.

  Reveal hidden contents

Apparently related to the new Transformers movie, which indicates a film crossover is coming?

Plenty of raw copies out there for $3-$10, wonder if we'll see a run on them after the weekend. May be worth digging through your dollar bins before the weekend is out. I'm not selling my 9.8 unless it goes ballistic, but asking prices are now double what they were a couple of days ago, and GPA shows the last sold copy was $400. Curious to see where it ends up.

Probably doesn't matter if I put this is spoilers now, but I think it's more because

Spoiler

Kirkman's new Image Void Rivals series is a G.I. Joe/Transformers crossover, reportedly.

 

[F For Fake]

On 6/9/2023 at 10:38 AM, GeeksAreMyPeeps said:

Probably doesn't matter if I put this is spoilers now, but I think it's more because

  Hide contents

Kirkman's new Image Void Rivals series is a G.I. Joe/Transformers crossover, reportedly.

 

Ah, that could be! I don't keep up with moderns, so most of the chatter I've heard is from the Transformers groups and forums about the movie. Interesting confluence of events! So, looks like several potential reasons why the series could heat up. Then again, as raws go, they're not exactly in short supply, so prices may not move at all. But worth having on the radar, I suppose.

[ygogolak]

On 6/8/2023 at 12:08 AM, divad said:

Those are really ancillary costs that you would probably normally incur any way . . . not exactly hard costs (unless you're deducting them as business expenditures.)  

I don't incur storage costs but I'm also very limited in my storage space. And thus it's not my main point of income.

[ft88]

It is certain FDs dollar bin books are only a part of his comic income/profit. 

$1000> pay 60-70%
$100-1000 pay 50-60%
$10-100 pay 40-50%
$1-10 pay 30-40%
$1< pay 10-25%
 

Higher workload, higher gross margin. A typical 20 long box collection of 70s to 90s will have all of the above. Generally you pay ~$10k if it’s worth $20k. Seller is happy as he sold in one shot. Buyer nets $8-12k after 3-4 months of selling, depending on selling methods.

15 out of 20 longs are dollar books typically.  If you’re doing 1 show a month that gets cleared out pretty quick.  Nice to have a post hoc bulk buyer too.   

Rinse and repeat. 

[divad]

On 6/18/2023 at 2:49 AM, ft88 said:

It is certain FDs dollar bin books are only a part of his comic income/profit. 

This goes unsaid, as we have seen many of his 3 and 4 bangers! 

[FlyingDonut]

On 6/18/2023 at 5:49 AM, ft88 said:

It is certain FDs dollar bin books are only a part of his comic income/profit. 

$1000> pay 60-70%
$100-1000 pay 50-60%
$10-100 pay 40-50%
$1-10 pay 30-40%
$1< pay 10-25%
 

Higher workload, higher gross margin. A typical 20 long box collection of 70s to 90s will have all of the above. Generally you pay ~$10k if it’s worth $20k. Seller is happy as he sold in one shot. Buyer nets $8-12k after 3-4 months of selling, depending on selling methods.

15 out of 20 longs are dollar books typically.  If you’re doing 1 show a month that gets cleared out pretty quick.  Nice to have a post hoc bulk buyer too.   

Rinse and repeat. 

(couldn't resist)

[kimik]

It is interesting to see common run Copper books sell steadily in the $4-$8 range depending on the title. Buy them for cents in collections and flip them for a nice profit. Pre-Covid they sat unwanted in dollar bins.......

[cms1]

On 6/20/2023 at 11:54 PM, kimik said:

It is interesting to see common run Copper books sell steadily in the $4-$8 range depending on the title. Buy them for cents in collections and flip them for a nice profit. Pre-Covid they sat unwanted in dollar bins.......

I have noticed that too.  I see people scoop them up regardless of the title.

[kimik]

On 6/21/2023 at 6:57 AM, cms1 said:

I have noticed that too.  I see people scoop them up regardless of the title.

Yes. Even @greggy was cheap high grade Copper bin diving at the Calgary Expo this year.

[fastballspecial]

On 6/8/2023 at 10:31 AM, FlyingDonut said:

On 6/7/2023 at 11:08 PM, divad said:

Those are really ancillary costs that you would probably normally incur any way . . . not exactly hard costs (unless you're deducting them as business expenditures.)  

Everything gets deducted. Know your costs and you can't go wrong.

This and several other posts above. Controlling your costs and knowing what you are buying.

All the rest is just noise. Everyday board members give out advice that is learned from years
of experience. You know what I did when I was a new seller here? I listened and I paid attention
to what they were talking about and I sure didn't argue with them. 

Many of us give out this advice and our experience for free. Most of the boardies over the
years that have argued against these concepts have one thing in common. They are not here
anymore for the most part and probably not in the hobby or a very scaled down version. Same
thing you are seeing now with New Post Covid sellers who thought the money would keep rolling in. 

Follow these models above and you won't be complaining about prices falling because you already
saw it coming long time ago and prepared for it. Costs, Inventory, Networking/Relationships,
Grading, Packing this is comic selling at its basics. Donut, Ft88 and I have been doing this a very long time.

I am not going to comment to anyone on this after this post. I think some of you need to listen more because
this is a free clinic in selling that I've seen of the last few pages. They spent years learning this. Some of you 
need to do the same it would do you some good.

 

Edited July 30, 2023 by fastballspecial