The Official Groo Appreciation Thread!
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307 posts in this topic

On 5/17/2020 at 7:52 PM, Bronty said:

Thread needs a bump .   Bought these as a lot a couple years ago

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Definitely a good pickup if you managed to get the lot at a reasonable price, but still nowhere close to the steal of a deal that this buyer was able to get when he acquired 18 copies of this book here:  :whatthe:  :takeit:

https://comics.ha.com/itm/golden-age-1938-1955-/chamber-of-chills-19-multiple-file-copy-group-harvey-1953-condition-average-gd-vg-total-18-comic-books-/a/19062-12153.s?ic4=ListView-ShortDescription-071515

Golden Age (1938-1955):Horror, Chamber of Chills #19 - Multiple File Copy Group (Harvey, 1953) Condition: Average GD/VG.... (Total: 18 Comic Books)

Especially since they managed to pick up up the lot for only a measly $418.25 back in 2009 and now even beater copies of this book is selling for thousands of dollars.  :flipbait:

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On 11/13/2022 at 11:26 PM, lou_fine said:

Definitely a good pickup if you managed to get the lot at a reasonable price, but still nowhere close to the steal of a deal that this buyer was able to get when he acquired 18 copies of this book here:  :whatthe:  :takeit:

https://comics.ha.com/itm/golden-age-1938-1955-/chamber-of-chills-19-multiple-file-copy-group-harvey-1953-condition-average-gd-vg-total-18-comic-books-/a/19062-12153.s?ic4=ListView-ShortDescription-071515

Golden Age (1938-1955):Horror, Chamber of Chills #19 - Multiple File Copy Group (Harvey, 1953) Condition: Average GD/VG.... (Total: 18 Comic Books)

Especially since they managed to pick up up the lot for only a measly $418.25 back in 2009 and now even beater copies of this book is selling for thousands of dollars.  :flipbait:

I paid two bucks a book.   Not even so much because I wanted 50 copies, but because there was no way I wasn't buying them for the hundred bucks when I came across them.    I love that book.

Congrats on your chamber of chills buy, very nice at 20 or 25 a book.

Edited by Bronty
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On 11/14/2022 at 10:20 AM, MAR1979 said:

Destroyer Duck1 now under $600 in 9.8, $500 threshold to be tested next.   My opinion is it will be a $300-$375 book in 3-6 months, which may be is going rate for a while.  I do not think it will drop further. Look for Pacific #1 to ride the downward coattails to find its new level as well.

Groo price levels falling to where they probably should have organically been all along is good news as Groo will be working its way in the hands of true collectors.  Speculators and Flippers had their day one year ago after the nothing burger news of animation exploration rights, but now those days are gone. Long Live Groo!

 

Amen!  Just saw an eBay sale for $565.55 in an open auction for Destroyer Duck 1 CGC 9.8.

I sure hope the Groo Pacifics will drop too so I can hoard on them even more.  Right now they are at $280 in CGC 9.8 without any takers.

 

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On 11/14/2022 at 8:02 AM, Bronty said:

Congrats on your chamber of chills buy, very nice at 20 or 25 a book.

Not my pickup as I would never ever be that lucky, but just something that I remember from another boardie who had posted this info here.  (thumbsu

Then again, you make your own luck and as such, these 18 COC 19's would never have been mine since I never buy more than 2 of any book, and even then, only if it was a first issue off the shelf of the LCS.  :frown:

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On 11/15/2022 at 12:46 AM, jick said:

Amen!  Just saw an eBay sale for $565.55 in an open auction for Destroyer Duck 1 CGC 9.8.

I sure hope the Groo Pacifics will drop too so I can hoard on them even more.  Right now they are at $280 in CGC 9.8 without any takers.

 


Groo is settling back to full niche status!

Supply now vastly exceeds demand. My guess is if a Pacific #1 came up for standard auction and was not manipulated would currently sell for $150-$175. Auction Manipulation (legal or not) works great during a bubble or upturn when nearly everything is in demand, simply does not work in bear market.  There are so many comic books out there and now significantly less buyers and dwindling every day.

Most Comic book sellers from what I've seen over the years do not understand economic principles.  Those without proper knowledge of the principles and associated actions will be in for very lean times. Those with the true business acumen who realize things like cash flow is king will get by just fine.

Throw your GPA, "gocollect", etc for the past 2 years out the window , the times they are a changin'.

P.S.
Sellers: think cash flow not theoretical max profit per item. If you do not understand or agree with that take some business and economic courses - seriously.

Edited by MAR1979
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With so much CGC 9.8 Groo #1 Pacific and DD#1 on the Bay, what price do you think will be the fair or low price where one can have the go signal to just get them all?  I think it's still too high now.  I mean if DD #1 were less that $200, I'd probably grab them all...

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On 12/8/2022 at 8:30 AM, jick said:

With so much CGC 9.8 Groo #1 Pacific and DD#1 on the Bay, what price do you think will be the fair or low price where one can have the go signal to just get them all?  I think it's still too high now.  I mean if DD #1 were less that $200, I'd probably grab them all...

Right now DD1 copies sit ice cold and unsold on eBay at $500-$600 .

My opinion is DD1 will nestle for the long haul in the $275-$350 range sometime in the next 12 months.   Groo #1 I feel will settle in $140-$180 range.  

Investing in a property that has returned to its niche status I do not feel wise. A copy or so for a collector is great but as an investment it does not fit the bill. Learn from those who got stung on DD1 and spend the money on something with greater maximum upside than niche. 

The "rubes" "suckers" "fools" "mendicants" "moe rons" who spent 1k, 1.5k, 2k during the pandemic bubble + nothing burger animation exploration rights will not return to prop up the price of something that never should have approached $500 in the first place.

Have money to spend on Groo think original art!

Edited by MAR1979
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