Sqeggs Posted June 20, 2017 Share Posted June 20, 2017 22 hours ago, Flex Mentallo said: 22 hours ago, Straw-Man said: and the possessor of a full run of funny stuff leaves himself out; stop with all the stoopid false modesty, please. Ahem, and what about you, modesty pants? After his auction bill comes in are you sure he'll still have pants? Link to comment Share on other sites More sharing options...
Popular Post Sqeggs Posted June 20, 2017 Popular Post Share Posted June 20, 2017 6 minutes ago, G.A.tor said: Well, between the anticipation and the actual excitement of bidding, I'm a little bit bummed it's over Yeah, given the long lead time, it certainly dominated our little GA world for quite a while. I ended up winning 51 lots -- some were buttons and other krap, but most were comics. All the comics were GA. By far the most books I've ever picked up in one go ... and by far the most money I've ever spent in one auction. Looking back over my wins, several were for crazy stupid money however you look at it (but only one bid increment above the crazy stupid people I was bidding against! ), but I don't regret any of them. My main regrets go the other way -- dropped out too early on several books I should have hung in there on. My comic buying budget for the year is shot to hell and gone, but I'm one happy funny book collector right now. comicnoir, SushiX, Junkdrawer and 5 others 8 Link to comment Share on other sites More sharing options...
Flex Mentallo Posted June 20, 2017 Share Posted June 20, 2017 18 minutes ago, Sqeggs said: I spent the morning researching this and I'm afraid that a correction was necessary. Sad but almost certainly true - I was hoping that would fly under the wire! Link to comment Share on other sites More sharing options...
EC ed Posted June 20, 2017 Share Posted June 20, 2017 1 hour ago, Sqeggs said: I ended up winning 51 lots Link to comment Share on other sites More sharing options...
sagii Posted June 20, 2017 Share Posted June 20, 2017 2 minutes ago, edowens71 said: I'm just recently getting up (on a day off) and read that but thought that must be a typo, or i'm not fully awake. Link to comment Share on other sites More sharing options...
Flex Mentallo Posted June 20, 2017 Share Posted June 20, 2017 2 hours ago, Sqeggs said: After his auction bill comes in are you sure he'll still have pants? Regardless, he will maintain his modesty behind a winning smile. Link to comment Share on other sites More sharing options...
twmjr1 Posted June 20, 2017 Share Posted June 20, 2017 28 minutes ago, edowens71 said: I won 10, and really went hard after about 10 other items. Focused on stuff that is rarely or never (before) available. Link to comment Share on other sites More sharing options...
Sqeggs Posted June 20, 2017 Share Posted June 20, 2017 1 hour ago, sagii said: 1 hour ago, edowens71 said: I'm just recently getting up (on a day off) and read that but thought that must be a typo, or i'm not fully awake. Well, somebody had to step up and help fund the man's retirement! Link to comment Share on other sites More sharing options...
sagii Posted June 20, 2017 Share Posted June 20, 2017 6 minutes ago, Sqeggs said: Well, somebody had to step up and help fund the man's retirement! No wonder so many of us kept getting that pesky "You've been outbid" message Link to comment Share on other sites More sharing options...
Sqeggs Posted June 20, 2017 Share Posted June 20, 2017 Just now, sagii said: 8 minutes ago, Sqeggs said: Well, somebody had to step up and help fund the man's retirement! No wonder so many of us kept getting that pesky "You've been outbid" message Link to comment Share on other sites More sharing options...
Sqeggs Posted June 20, 2017 Share Posted June 20, 2017 1 hour ago, Flex Mentallo said: 3 hours ago, Sqeggs said: After his auction bill comes in are you sure he'll still have pants? Regardless, he will maintain his modesty behind a winning smile. A modest man with much to be modest about? Oh, wait, that was this guy. Link to comment Share on other sites More sharing options...
ThothAmon Posted June 20, 2017 Share Posted June 20, 2017 19 hours ago, bc said: Since it took me a few clicks to find it, thought I'd share: http://video.foxbusiness.com/v/5476230122001/?playlist_id=3166411554001#sp=show-clips -bc Thanks. Is the money honey's husband a boardie? Link to comment Share on other sites More sharing options...
rjpb Posted June 20, 2017 Share Posted June 20, 2017 3 hours ago, Sqeggs said: I ended up winning 51 lots Link to comment Share on other sites More sharing options...
Straw-Man Posted June 20, 2017 Share Posted June 20, 2017 i, too, ended up with 51 lots [minus 47]. Link to comment Share on other sites More sharing options...
bluechip Posted June 20, 2017 Share Posted June 20, 2017 (edited) On 2/25/2017 at 7:17 PM, Mmehdy said: I would to address your points one by one 1- Yea, JB is selling his books because he loves us......you don't have be a prophet to "follow the money" that is the rule...when making a conclusion following his actions, if he was such a hero he would donate his collection to the George Lucas Museum...NOW, that would be impressive and be given top status in this hobby. 2-I never said comic book collecting is going to end, hero's are becoming more popular around the world be evidenced of Saudi 1st comic book convention...what I am saying is NO Market can sustain continued upward price growth forever, factored in by the demise of the physical media reducing the number of serious collectors competing for the same comic book. 3-Inflaction is real, the effects inflation are to destabilize the economy and cause you economic damage, I will give you an example..here in san diego they raised the prices of a "poke bowl" by 1 dollar on Jan 2...I asked why, its minimum wage hikes, here the next 5 years or so...now inflation is the hidden destroyer of the value of YOUR MONEY..especially at 1/2 % a year the bank pays...you can buffer with real estate because you can increase the rent as time goes on etc to ward off monetary erosion of value. Comic books do generate income, they sit there like gold, silver, diamonds and cost you money to store at the bank. Comic books are not necessary the best asset to own in a economic downturn, even if real estate goes down, the income will be still be there which will help you last to the cycle that economy has become, since the 1930's depression hit this county hard. 4-Was it always about the money you ask...in my opinion not before 1970.....the Overstreet price guide really told hold in 1972 and price increases were "slowly" built up in the hobby..essentially organized the comic book market was created and everybody who was somebody...got a copy of the price guide...money has always been in the equation since that time,now my motivations in buying and selling for a profit back then was to "make my collection better" very few serious collectors were in the Business..there was no CC, no Ha.com billion dollar companies back then in the market...but as prices built up more and more dealers were born as opposed to simple corner book stores." Cashing in" everybody always looks at the exit..you can buy an overpriced book but today you GPA and Ha results ,etc Back in 1972 you just as today always consider the "exit" before you buy or look to the future to avoid a substantial loss of cost of buying it, now we did not have plastic containers widgets , so some there were some collectors who bought the book to READ IT...I know in a CGC world you cannot do that...back in 1972 you could and did. 5- You can buy whatever you want, but as JB did..timing is everything, and we are now nearing the top of the comic book market in terms of affordability as well as number of collectors, that is real collectors who are here to stay. CGC has created new generation of "investor's whether it was the impossible collection owner who owns two action 1 at 9.0 or people looking to make a profit in a short term hold situation...the world is a different place...here is my point..if it was 1972 and you were buying comics YOUR MONEY WAS SAFE...real collectors controlled the market...that is not the same today with price inflation at 3x guide, and the big books whose price is out of the real collectors reach....this investment element can turn on us at any time.....just like silver at 50 bucks an a pop back with "hunt bros". Folks, these people don't care, comic books and comic art are widgets to sold and speculated on..and they could give a "rat's assss" about our comic book world tomorrow and never look back when the $$$ are not there for them to make a profit. Now when the rats leave the sinking ship...where is that gonna leave us..with the real hard core collectors who give a dammmm but do not necessarily have the funds to pay Imvestment prices for comic books and art. Today, one must be safe,sane, and look to the future on any purchases in this "investment" age of comic book collecting, and like JB realize that every commodity market has a top and bottom...clearly we are near top. Clearly you've thought this out and there is much to agree with. But I would not lump all comics together and would say we might be near top or even further with some books, but I'd say that some books and even categories are still quite undervalued, while others remain hard to value and fluctuate. One thing to consider is that as big as this auction was (7 million I heard?) that number would not impress in the fine art world or even the fad-of-the-day modern art world. In fact the total of all the big comic auctions in a given year doesn't yet equal the sort of numbers we see for individual pieces of art. And another thing to consider is that the comics films not only continue to be huge worldwide but we are still seeing big grosses for examples of questionable quality. Some smart people have predicted that comics-related entertainment would see an arc up -- and down -- that is similar to what we saw with Westerns. I would argue that comics-related entertainment has more diversity of tone and style. But, even if I agree for sake of argument, if comics-related entertainment follows the path of the Western it will be one of the biggest forces in film and other media for about 70 years. Edited June 20, 2017 by bluechip Link to comment Share on other sites More sharing options...
Sqeggs Posted June 20, 2017 Share Posted June 20, 2017 29 minutes ago, Straw-Man said: i, too, ended up with 51 lots [minus 47]. Ah, but what lots those four were! Link to comment Share on other sites More sharing options...
AllStar-Comics Posted June 20, 2017 Share Posted June 20, 2017 15 minutes ago, bluechip said: Clearly you've thought this out and there is much to agree with. But I would not lump all comics together and would say we might be near top or even further with some books, but I'd say that some books and even categories are still quite undervalued, while others remain hard to value and fluctuate. One thing to consider is that as big as this auction was (7 million I heard?) that number would not impress in the fine art world or even the fad-of-the-day modern art world. In fact the total of all the big comic auctions in a given year doesn't yet equal the sort of numbers we see for individual pieces of art. And another thing to consider is that the comics films not only continue to be huge worldwide but we are still seeing big grosses for examples of questionable quality. Some smart people have predicted that comics-related entertainment would see an arc up -- and down -- that is similar to what we saw with Westerns. I would argue that comics-related entertainment has more diversity of tone and style. But, even if I agree for sake of argument, if comics-related entertainment follows the path of the Western it will be one of the biggest forces in film and other media for about 70 years. I think for sure a lot of the more common stuff has to be near its peak. All this signature series stuff, last months hot book, common comics slabbed to get 9.8's. Lot of the bronze and 1980's stuff Heck probably even a lot of silver age keys especially the low to mid grade stuff. Amazing fantasy 15 in vg for $25K? Yes the stuff that there are hundreds to tens of thousands of copies , they would get crushed if the current boom slows down. Speculators sell out and flee soon as there is even a dip. Back in the early 1990's everybody was convinced sports cards was like printing money. That didnt last. A lot of people who collect now are noobs who will get pissed and leave in a hurry if there is a even a little dip. You saw it in droves when the bottom fell out of new comics back in the early to mid 1990's. I wouldn't be concerned with the better Golden Age books as much. What would concern me is those that collect genres where there is no new blood coming in. No offense to anyone who collects pre hero DC, centaurs etc but where will new interest come from? The characters that are still around I get a very small percentage of collectors will trickle into collecting early appearance of their favorites. The cool covers will do well. Sexy chicks, macabre horror covers, WWII books with blatant violence. You might have enough selling points to get a 30-40 year old with some disposable money to sway them to buy some older stuff . When things are bad its hard to see good times ahead Likewise when things are good maybe too good its never going to end, or is it? Link to comment Share on other sites More sharing options...
Flex Mentallo Posted June 20, 2017 Share Posted June 20, 2017 15 minutes ago, Sqeggs said: Ah, but what lots those four were! Almost enough to cover his modesty Link to comment Share on other sites More sharing options...
Flex Mentallo Posted June 20, 2017 Share Posted June 20, 2017 1 hour ago, Sqeggs said: A modest man with much to be modest about? Oh, wait, that was this guy. A sheep in sheep's clothing Link to comment Share on other sites More sharing options...
Straw-Man Posted June 20, 2017 Share Posted June 20, 2017 atlee'st he took a good picture! Sqeggs 1 Link to comment Share on other sites More sharing options...
