THE AMAZING FANTASY #15 CLUB 39 39

[SupergirlDC1959]

One think is dropping 460K, another is dropping 3-4M. Just saying ...

 

Yes I agree (for me and you it's more than we will ever see but for some it is nothing.....look at all the other collectibles that people never thought would sell for millions and they do) but I am saying 20 to 25 years from now....not tomorrow.

 

To be totally honest I don't care if they do reach those sums I will never own any of them in those grades but if I did have that money I would be a bidder for sure.

Edited January 15, 2017 by SupergirlDC1959

[Captain Canuck]

One think is dropping 460K, another is dropping 3-4M. Just saying ...

 

Yes I agree but I am saying 20 to 25 years from now....not tomorrow.

Who says in 20-25 years they will be as revelant or that the new generation will want to drop that type of cash for a comic over a painting. I agree with Gator and feel there will eventually be a market correction and may be a glut of comics being dumped on the market as people are trying to cash out.

[Gotham Kid]

We shall see. Hope we are all here 25 years from now to comment.

[SupergirlDC1959]

One think is dropping 460K, another is dropping 3-4M. Just saying ...

 

Yes I agree but I am saying 20 to 25 years from now....not tomorrow.

Who says in 20-25 years they will be as revelant or that the new generation will want to drop that type of cash for a comic over a painting. I agree with Gator and feel there will eventually be a market correction and may be a glut of comics being dumped on the market as people are trying to cash out.

 

Oh I have heard this so many times (experts and so on) even with say for example 1952 Topps Mantle cards they have peaked there is no way they will go up any further and then bang over the last 2 years a 500% increase in value over almost all grades (and it is not even a rare card most likely there are 4000 to 6000 that exist). This is just one example there are many many more (other examples the Babe Ruth rookie or Lou Gehrig rookie).

Edited January 15, 2017 by SupergirlDC1959

[SupergirlDC1959]

We shall see. Hope we are all here 25 years from now to comment.

 

So do I hope to make it there also.

[Jaydogrules]

One think is dropping 460K, another is dropping 3-4M. Just saying ...

 

Yes I agree but I am saying 20 to 25 years from now....not tomorrow.

Who says in 20-25 years they will be as revelant or that the new generation will want to drop that type of cash for a comic over a painting. I agree with Gator and feel there will eventually be a market correction and may be a glut of comics being dumped on the market as people are trying to cash out.

 

Count my copy out from that "glut". It's staying in the family as a permanent heirloom piece in perpetuity.

 

-J.

[SupergirlDC1959]

One think is dropping 460K, another is dropping 3-4M. Just saying ...

 

Yes I agree but I am saying 20 to 25 years from now....not tomorrow.

Who says in 20-25 years they will be as revelant or that the new generation will want to drop that type of cash for a comic over a painting. I agree with Gator and feel there will eventually be a market correction and may be a glut of comics being dumped on the market as people are trying to cash out.

 

Count my copy out from that "glut". It's staying in the family as a permanent heirloom piece in perpetuity.

 

-J.

 

To me that is the coolest thing hope mine stays in the family as well.

 

If we where discussion say the stamp hobby then yes that is more dead than dead. It would take a divine intervention to bring back that hobby to life.

Edited January 15, 2017 by SupergirlDC1959

[Gotham Kid]

Count my copy out from that "glut". It's staying in the family as a permanent heirloom piece in perpetuity.

 

-J.

 

Until they eventually find out how much $$ they can get for it. With you gone, so is the book.

[SupergirlDC1959]

Count my copy out from that "glut". It's staying in the family as a permanent heirloom piece in perpetuity.

 

-J.

 

Until they eventually find out how much $$ they can get for it. With you gone, so is the book.

 

That is usually the sad fact in life but one can still hope. Like the saying goes one man's dream is another man's dust!!

Edited January 15, 2017 by SupergirlDC1959

[GAMBIT]

some people pay hundreds of millions of dollars for paintings without any worries so a few million for top key books in to grade why not.

 

Normally there are only 1 of those paintings.

 

 

 

 

 

IMO, I doubt many "investors" here are buying a book(s) for what it may or may not be in 20/25 years from NOW... that's absurd

 

MAYBE 3 -5 years. not 20-25...

[VintageComics]

some people pay hundreds of millions of dollars for paintings without any worries so a few million for top key books in to grade why not.

 

Normally there are only 1 of those paintings.

 

They are also reasonably educated in what they want to buy and do some research.

 

Most people who have a lot of money don't have millions in cash laying around. The wealth is stored in things, so coming up with a Mill often means liquidating something else.

 

Millionaires don't go around dropping $1MIL dollar bills frivolously. Even billionaires don't.

 

 

 

 

[SupergirlDC1959]

some people pay hundreds of millions of dollars for paintings without any worries so a few million for top key books in to grade why not.

 

Normally there are only 1 of those paintings.

 

 

 

 

 

IMO, I doubt many "investors" here are buying a book(s) for what it may or may not be in 20/25 years from NOW... that's absurd

 

MAYBE 3 -5 years. not 20-25...

 

Agreed but there are some like me that will hold on for 20-25 years (I am only in my mid 30's) and use the funds for a great retirement. I love my books so holding on to them makes me more than happy!! If I die first then my family will get them.

Edited January 15, 2017 by SupergirlDC1959

[Gotham Kid]

some people pay hundreds of millions of dollars for paintings without any worries so a few million for top key books in to grade why not.

 

Normally there are only 1 of those paintings.

 

They are also reasonably educated in what they want to buy and do some research.

 

Most people who have a lot of money don't have millions in cash laying around. The wealth is stored in things, so coming up with a Mill often means liquidating something else.

 

Millionaires don't go around dropping $1MIL dollar bills frivolously. Even billionaires don't.

 

 

Indeed.

[Jaydogrules]

Count my copy out from that "glut". It's staying in the family as a permanent heirloom piece in perpetuity.

 

-J.

 

Until they eventually find out how much $$ they can get for it. With you gone, so is the book.

 

Not if it's provided for in a trust in a will, barring its sale, for say, one hundred years after I'm gone.

 

-J.

[Gotham Kid]

Count my copy out from that "glut". It's staying in the family as a permanent heirloom piece in perpetuity.

 

-J.

 

Until they eventually find out how much $$ they can get for it. With you gone, so is the book.

 

Not if it's provided for in a trust in a will, barring its sale, for say, one hundred years after I'm gone.

 

-J.

 

Attaboy

[SupergirlDC1959]

some people pay hundreds of millions of dollars for paintings without any worries so a few million for top key books in to grade why not.

 

Normally there are only 1 of those paintings.

 

They are also reasonably educated in what they want to buy and do some research.

 

Most people who have a lot of money don't have millions in cash laying around. The wealth is stored in things, so coming up with a Mill often means liquidating something else.

 

Millionaires don't go around dropping $1MIL dollar bills frivolously. Even billionaires don't.

 

 

Indeed.

 

People said the same thing 20 - 30 years ago about comics never going past certain amounts and they have all in most cases surpassed those so called ''insane'' amounts.

 

Anyhow we shall see for now I am happy to own the books I do because I Iove them for what they are!!

Edited January 15, 2017 by SupergirlDC1959

[SupergirlDC1959]

some people pay hundreds of millions of dollars for paintings without any worries so a few million for top key books in to grade why not.

 

Normally there are only 1 of those paintings.

 

They are also reasonably educated in what they want to buy and do some research.

 

Most people who have a lot of money don't have millions in cash laying around. The wealth is stored in things, so coming up with a Mill often means liquidating something else.

 

Millionaires don't go around dropping $1MIL dollar bills frivolously. Even billionaires don't.

 

 

 

 

Say that to the gentleman building the Impossible collection (he is a billionaire correct).....he will not be the last there will be more people like him over the years (he may have friends that are very rich and that may want to compete with him....that is just one example).

 

Or the owner of the Arizona Diamondbacks baseball team he owns one of the best baseball card collections ever assembled (worth a lot of money)....and yes he is a billionaire as well.

 

These are just 2 examples of billionaires there are more out there that collect things like comic books.

 

So yes there are some billionaires who are more than willing to spend the money needed for the specific generation they live in to own what they want.

 

As far as millionaires go well there are LOT of them now in the world and some do collect. Less than 10 AF15's in 9.2 or AC1's in 9.0 exist....these books will always have buyers competing for them and by doing so pushing the price up.

 

The rest of us that can do so will be happy to own lower graded copies and with the higher grades going up in value so will the lower graded books.

 

And not all millionaires worked hard for their money some just win the lotto or inherit it so no not all millionaires are good with their money.....a lot of them spend it like if it grows on trees.

Edited January 15, 2017 by SupergirlDC1959

[G.A.tor]

there is a difference in having an opinion and having an opinion based on understanding market dynamics...

 

markets (virtually all markets), are cyclical in nature...comics included... there are indicators and there are forces in play that dictate the direction a market takes... understanding the market is key to being able to speculate about the future of said market...

 

peace...

[SupergirlDC1959]

there is a difference in having an opinion and having an opinion based on understanding market dynamics...

 

markets (virtually all markets), are cyclical in nature...comics included... there are indicators and there are forces in play that dictate the direction a market takes... understanding the market is key to being able to speculate about the future of said market...

 

peace...

 

Are you in a buying mode right now Gator (buy cheap sell high.....it's all garbage aka doom and gloom when buying but when the time comes to sell it back it becomes pure gold....a must have no matter the price) lolllll just pulling your tail!!

Edited January 15, 2017 by SupergirlDC1959

[G.A.tor]

there is a difference in having an opinion and having an opinion based on understanding market dynamics...

 

markets (virtually all markets), are cyclical in nature...comics included... there are indicators and there are forces in play that dictate the direction a market takes... understanding the market is key to being able to speculate about the future of said market...

 

peace...

 

Are you in a buying mode right now Gator (buy cheap sell high.....it's all garbage aka doom and gloom when buying but when the time comes to sell it back it becomes pure gold....a must have no matter the price) lolllll just pulling your tail!!

be careful. Tail pulling can get your hand bit off