uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 Here's a listing I want to bring your attention to http://www.ebay.com/itm/Batman-1940-189-VF-7-5-RESTORED-/131952560985?hash=item1eb8fc4b59:g:WmQAAOSw4shX6oi4 It's a 7.5 raw restored for 410 BIN Now if I put up my copy that's 7.0 R that's already graded for 275 OBO what do you think has a better chance of selling? This is like the asm 7 example except now I have the advantage Please write this down: Asking prices are not market prices. If they were, the book would have sold by now. I should have been clearer. With my comic compared to this one regardless of what the fmv is for this comic what do you think will be sold faster? My copy of the one by MCS? Why do you ask questions when you will ultimately use mental gymnastics to produce the answers you want? I'm so out this time. I'm not even going to make the mistake of reading this exercise in futility anymore. I think I can read without getting involved, but it is just too difficult not to comment when you continue to do the same stupid things over and over despite your promises to stop doing the same things over and over. Seriously. Out. Mental gymnastics? I asked you questions that I have the answers for but thanks. Link to comment Share on other sites More sharing options...
uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 Well since most of you are so adamant about it These are the two books that I can prove I can sell for a profit despite your thinking and yes it's a bold statement. ASM 101 BAT 189 CGC 7.0 R C1 No emotion there, just pure logic. I thought you agreed you would stop buying these stupid books? You're so quick to spend energy on defending these bad decisions. You would be better served to spend that same energy on market research. Why spend $100+ to "maybe" make $50? Why not spend $20-$50 to make $150-$200? It can be done, I know people who do this regularly. That wasn't a stupid purchase and I even showed my work. I'm not opposed to buying smaller books if they can make me a profit. Profit margins shouldn't get smaller on smaller books, they should get larger. You should buy $10 to sell them for $20-30, not $108 restored books to sell them for $135. I seriously don't know why I'm bothering. You're just going to do whatever you're going to do, obviously. I see what you mean and I will be aiming to sell the bat 189 for 200- 225 if I can manage it. Hope is not a strategy. It is and it will be pretty successful imo and of course I will be happy to share results. I honestly try to give you the benefit of the doubt, but what you just said... +1000 My strategy is simple 1) Make it cheaper by comparison to others and add BIN and OBO to further entice people May not make sense to you but it does for me. Link to comment Share on other sites More sharing options...
uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 (I apparently have still not figured out how to post youtube videos) You need to try harder and not make excuses. Don't let your emotions be a reason for not figuring out how to post Youtube videos. Study the methods others have used to successfully post YouTube videos. Have you met with a guidance counselor who will aide you learning how to post YouTube videos? That wasn't my video though. Link to comment Share on other sites More sharing options...
uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 Gabe, if you need a book how to grade, it's time to move on to something else. Focus instead on something you are good at. Jim I don't need it every time but if I'm not sure about it I check it. Link to comment Share on other sites More sharing options...
scooter99 Posted October 20, 2016 Share Posted October 20, 2016 Well since most of you are so adamant about it These are the two books that I can prove I can sell for a profit despite your thinking and yes it's a bold statement. ASM 101 BAT 189 CGC 7.0 R C1 No emotion there, just pure logic. I thought you agreed you would stop buying these stupid books? You're so quick to spend energy on defending these bad decisions. You would be better served to spend that same energy on market research. Why spend $100+ to "maybe" make $50? Why not spend $20-$50 to make $150-$200? It can be done, I know people who do this regularly. That wasn't a stupid purchase and I even showed my work. I'm not opposed to buying smaller books if they can make me a profit. Profit margins shouldn't get smaller on smaller books, they should get larger. You should buy $10 to sell them for $20-30, not $108 restored books to sell them for $135. I seriously don't know why I'm bothering. You're just going to do whatever you're going to do, obviously. I see what you mean and I will be aiming to sell the bat 189 for 200- 225 if I can manage it. You'll be sitting on this book for years to hit that price. Link to comment Share on other sites More sharing options...
Logan510 Posted October 20, 2016 Share Posted October 20, 2016 Well since most of you are so adamant about it These are the two books that I can prove I can sell for a profit despite your thinking and yes it's a bold statement. ASM 101 BAT 189 CGC 7.0 R C1 No emotion there, just pure logic. I thought you agreed you would stop buying these stupid books? You're so quick to spend energy on defending these bad decisions. You would be better served to spend that same energy on market research. Why spend $100+ to "maybe" make $50? Why not spend $20-$50 to make $150-$200? It can be done, I know people who do this regularly. That wasn't a stupid purchase and I even showed my work. I'm not opposed to buying smaller books if they can make me a profit. Profit margins shouldn't get smaller on smaller books, they should get larger. You should buy $10 to sell them for $20-30, not $108 restored books to sell them for $135. I seriously don't know why I'm bothering. You're just going to do whatever you're going to do, obviously. I see what you mean and I will be aiming to sell the bat 189 for 200- 225 if I can manage it. Hope is not a strategy. It is and it will be pretty successful imo and of course I will be happy to share results. I honestly try to give you the benefit of the doubt, but what you just said... +1000 My strategy is simple 1) Make it cheaper by comparison to others and add BIN and OBO to further entice people May not make sense to you but it does for me. It makes sense if you have books that people want, not boat anchors that are going to take a while to sell for minimal return. Your way has not been successful for you, try another way. Link to comment Share on other sites More sharing options...
jsilverjanet Posted October 20, 2016 Share Posted October 20, 2016 I'm out on posting who's out Folks say they are out and then continue to engage in this madness greggy 1 Link to comment Share on other sites More sharing options...
W16227 Posted October 20, 2016 Share Posted October 20, 2016 I thought you were cautioned about buying restored books? The last 7.0 restored book sold in 2009 for $105 USD. The one with a trimmed cover sold for $95. What is the resto on your book? How will you make money on this? Actually I did research on this. I saw the sale of the 7.0 Trimmed in July 2016 for $95 The 7.0 SA for $105 2009 What I compared it to is the 7.5 restored in August 2015 for $225 CGC Universal 7.0 sold for $270 in July 2016 A 7.5 sold for $314 Also I took a look at ebay and compared it The 7.0 for 420 and 375 OBO A Trimmed comic losses about 75-90% of it's value A restored comic with color touch looses about 50% of it's value So going by that math even half of 375 would be $187.50 and since I also see people watching the copies that are on now they are waiting for a cheaper copy so the least I would take it $200 Who gives a what people are trying to sell books for on Ebay? GPA for a 7.0 is $270. No one is going to pay $200 for a purple when they can pay $270 for a blue. By your own logic, the purple label book is worth around $135. Why would you risk $108 in capital for a $135 sale? Reading this thread is like hitting yourself in the nuts with a kettlebell. Do some research on that. Link to comment Share on other sites More sharing options...
jcjames Posted October 20, 2016 Share Posted October 20, 2016 I'm out on posting who's out Folks say they are out and then continue to engage in this madness An occasional generic statement is not "engaging". I'm out and still out as far as giving any more advice. But I still occasionally express reactions or general responses NOT directed to the OP in a general way without "engaging". Link to comment Share on other sites More sharing options...
wamh0416 Posted October 20, 2016 Share Posted October 20, 2016 ......This thread is killing me. Dude, take a course (I'm repeating what many, MANY people have said). http://www.niagaracollege.ca/continuing-education/ You can do it on-line, and it's open enrollment. Surprise us. 'nuff said! Link to comment Share on other sites More sharing options...
W16227 Posted October 20, 2016 Share Posted October 20, 2016 (I apparently have still not figured out how to post youtube videos) You need to try harder and not make excuses. Don't let your emotions be a reason for not figuring out how to post Youtube videos. Study the methods others have used to successfully post YouTube videos. Have you met with a guidance counselor who will aide you learning how to post YouTube videos? Link to comment Share on other sites More sharing options...
thehumantorch Posted October 20, 2016 Share Posted October 20, 2016 Here's a listing I want to bring your attention to http://www.ebay.com/itm/Batman-1940-189-VF-7-5-RESTORED-/131952560985?hash=item1eb8fc4b59:g:WmQAAOSw4shX6oi4 It's a 7.5 raw restored for 410 BIN Now if I put up my copy that's 7.0 R that's already graded for 275 OBO what do you think has a better chance of selling? This is like the asm 7 example except now I have the advantage sigh, you really have no clue. Did you read the auction text? Look closely at the scan? Realize who the seller is? It's being offered by mycomicshop. They're known for under grading and realize extraordinary results on many of their auctions - look at the scan, it's a nice looking book. It's also a consignment item where the price is set by the consignee. There's no guarantee it will sell for it's asking price You should be basing your likely return on sold items, sold by sellers with reputations more similar to yours. I know who they are and their reputation To me it doesn't matter who they are I want comparable listings not going by reputation if that were true I wouldn't get very far. You're comparison is flawed. Bidders are gonna assume this book is an 8.5 to 9.0 because of the seller's reputation and you're not factoring that into your 'analysis'. Also, the price is set by the consignee and is unlikely to sell at that price. You should base your comparisons on sold books, sold by sellers with reputations similar to yours. I wouldn't get very far. That's the point. You're not getting far, you're losing money and you'll continue to lose money. Link to comment Share on other sites More sharing options...
chrisco37 Posted October 20, 2016 Share Posted October 20, 2016 Your way has not been successful for you, try another way. But it will be. You just wait. Link to comment Share on other sites More sharing options...
greggy Posted October 20, 2016 Share Posted October 20, 2016 Go Gabe Go Link to comment Share on other sites More sharing options...
revat Posted October 20, 2016 Share Posted October 20, 2016 I'm out on posting who's out Folks say they are out and then continue to engage in this madness It's like the American election. You know you'll probably feel better if you stay out of it, but when some people post things so unconscionably illogical and misguided which are actually against their own self interests but they for some reason are too dumb, its hard to hold back. But then you think, "Do I need to comment? Its not like anyone is really dumb enough to believe this is the right way to think. Who does it really hurt, other than this OP, who is clearly irredeemable and possibly has some type of deficiency? But then again near a quarter of voters don't believe that a guy born in Hawaii with a WHITE MOTHER BORN IN KANSAS is an American." If janet is out, I'm back in. But will not address the OP directly. I will only make references to pop culture thinly veiled metaphors as to the failure of the OP and reasons why the OP should quit (not reconfigure his strategy, not buy less, not be smarter, not budget, not think more/less, not be more/less emotional, but actually and completely QUIT attempting to flip collectibles). Even though the lack of analytical skills that prevent the OP from being successful is also the key factor that prevents him from understanding he should quit, which is a dangerous combination. This is like Happy Gilmore (but without the big swing). Swinging wildly might get the puck going in the right direction once in a while, and some might think its admirable to keep taking hits and getting up, but Happy couldn't skate and therefore couldn't play hockey. And at some point its just a dude getting hit the chest by fastballs over and over and over. #RIP TUBBS Link to comment Share on other sites More sharing options...
DR.X Posted October 20, 2016 Share Posted October 20, 2016 I'm going out an rent Ground Hog Day, and just keep watching it over and over until I get it. Link to comment Share on other sites More sharing options...
uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 Well since most of you are so adamant about it These are the two books that I can prove I can sell for a profit despite your thinking and yes it's a bold statement. ASM 101 BAT 189 CGC 7.0 R C1 No emotion there, just pure logic. I thought you agreed you would stop buying these stupid books? You're so quick to spend energy on defending these bad decisions. You would be better served to spend that same energy on market research. Why spend $100+ to "maybe" make $50? Why not spend $20-$50 to make $150-$200? It can be done, I know people who do this regularly. That wasn't a stupid purchase and I even showed my work. I'm not opposed to buying smaller books if they can make me a profit. Profit margins shouldn't get smaller on smaller books, they should get larger. You should buy $10 to sell them for $20-30, not $108 restored books to sell them for $135. I seriously don't know why I'm bothering. You're just going to do whatever you're going to do, obviously. I see what you mean and I will be aiming to sell the bat 189 for 200- 225 if I can manage it. You'll be sitting on this book for years to hit that price. Maybe 2-4 months max Link to comment Share on other sites More sharing options...
Logan510 Posted October 20, 2016 Share Posted October 20, 2016 It seems like your whole business model is based on finding a bigger sucker than yourself. This is not a good business model. Link to comment Share on other sites More sharing options...
uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 Here's a listing I want to bring your attention to http://www.ebay.com/itm/Batman-1940-189-VF-7-5-RESTORED-/131952560985?hash=item1eb8fc4b59:g:WmQAAOSw4shX6oi4 It's a 7.5 raw restored for 410 BIN Now if I put up my copy that's 7.0 R that's already graded for 275 OBO what do you think has a better chance of selling? This is like the asm 7 example except now I have the advantage sigh, you really have no clue. Did you read the auction text? Look closely at the scan? Realize who the seller is? It's being offered by mycomicshop. They're known for under grading and realize extraordinary results on many of their auctions - look at the scan, it's a nice looking book. It's also a consignment item where the price is set by the consignee. There's no guarantee it will sell for it's asking price You should be basing your likely return on sold items, sold by sellers with reputations more similar to yours. I know who they are and their reputation To me it doesn't matter who they are I want comparable listings not going by reputation if that were true I wouldn't get very far. You're comparison is flawed. Bidders are gonna assume this book is an 8.5 to 9.0 because of the seller's reputation and you're not factoring that into your 'analysis'. Also, the price is set by the consignee and is unlikely to sell at that price. You should base your comparisons on sold books, sold by sellers with reputations similar to yours. I wouldn't get very far. That's the point. You're not getting far, you're losing money and you'll continue to lose money. That level of thinking is flawed as well who think their gonna get a 8.5/9.0 from a comic that's graded a 7.5. Also what good will comparing myself to others like me? I compare to this that have similar comics to mine in terms of grade and value. Link to comment Share on other sites More sharing options...
uchiha101 Posted October 20, 2016 Author Share Posted October 20, 2016 It seems like your whole business model is based on finding a bigger sucker than yourself. This is not a good business model. That's not my business model. My business model is to buy comics and sell for a profit. But there are times where I overprice them to see if there will be any bites or to make up for a mistake of mine or test out the market if data is old. Link to comment Share on other sites More sharing options...
