Eclipse Posted June 2, 2017 Share Posted June 2, 2017 Just curious, if I was to upgrade my 4.0 and had $20,000 to add to it, how much of an upgrade do you think I could get? Link to comment Share on other sites More sharing options...
Jaydogrules Posted June 2, 2017 Share Posted June 2, 2017 12 minutes ago, Eclipse said: Just curious, if I was to upgrade my 4.0 and had $20,000 to add to it, how much of an upgrade do you think I could get? About a 5.0. -J. Link to comment Share on other sites More sharing options...
piper Posted June 2, 2017 Share Posted June 2, 2017 18 minutes ago, Jaydogrules said: About a 5.0. -J. What are you pricing the 4.0 and 5.0 at? Link to comment Share on other sites More sharing options...
Jaydogrules Posted June 2, 2017 Share Posted June 2, 2017 23 minutes ago, piper said: What are you pricing the 4.0 and 5.0 at? Recent sales/GPA. 4.0 = ~30k 5.0 = ~50k. -J. Link to comment Share on other sites More sharing options...
silentassassin Posted June 3, 2017 Share Posted June 3, 2017 What is the break down on AF 15 now? What is a 2.0 or 3.0? Link to comment Share on other sites More sharing options...
Dark Knight Posted June 3, 2017 Share Posted June 3, 2017 Tough to figure out an exact price per point on AF 15, let alone other books that suffer from marvel chipping. There will always be a range. It's all about eye appeal! The better the eye appeal, sometimes regardless of the grade, the higher price it will sell for. Link to comment Share on other sites More sharing options...
VintageComics Posted June 3, 2017 Share Posted June 3, 2017 1 minute ago, Dark Knight said: Tough to figure out an exact price per point on AF 15, let alone other books that suffer from marvel chipping. There will always be a range. It's all about eye appeal! The better the eye appeal, sometimes regardless of the grade, the higher price it will sell for. There's also a range based on grade. There's been a lot of flux right now and I don't think any real pattern has settled down yet. The book is more expensive but exactly how much more expensive is a bit of a grey area right now (to me anyway). Link to comment Share on other sites More sharing options...
Dark Knight Posted June 3, 2017 Share Posted June 3, 2017 3 minutes ago, VintageComics said: There's also a range based on grade. There's been a lot of flux right now and I don't think any real pattern has settled down yet. The book is more expensive but exactly how much more expensive is a bit of a grey area right now (to me anyway). Yep, there is indeed a range based on grade, but lately, i do not know anymore especially the 8.0 copy that recently sold.. Outlier? Who knows. Definitely need more data points per grade to study the pattern better. But, I think lower to mid grade copies will have a quicker understanding of the pattern since more out there to be sold or have sold. Link to comment Share on other sites More sharing options...
Sqeggs Posted June 3, 2017 Share Posted June 3, 2017 On 5/29/2017 at 0:14 PM, piper said: On 5/29/2017 at 11:59 AM, namisgr said: This epitomizes the mania that drives bubbles. Yes, it does. There will be a correction at some point but does anyone honestly think the book is going to depreciate 50%? I think it's more likely that we see a small drop off and people hold on to their copies because they are unwilling to sell them at a loss (e.g. Hulk 1). Could the 4.0 that sold for $30K on CC a month ago become a $15K book? The price 4.0s were selling for waaaay back in 2016? Yeah, I think I can see that happening. The way this will likely end is that prices start to erode a bit and some of the people holding mid-grade copies begin to think, "You know, maybe it's time to cash out my winnings." They try to consign the books and find that the auction houses have a bunch of other mid-grade copies that people have consigned, so they won't be able to list the book for months. Uh oh ... now what? They consign with a dealer at a price, say, 10% below GPA. "Yeah, I hate to sell low, but that's not too bad." But ... buyers are looking around and thinking, "Lot of mid-grade copies to choose from suddenly. Maybe if I wait a bit I can get one cheaper." And then some low auction results happen and ... You can finish the story. delekkerste 1 Link to comment Share on other sites More sharing options...
peewee22 Posted June 4, 2017 Share Posted June 4, 2017 41 minutes ago, Sqeggs said: Could the 4.0 that sold for $30K on CC a month ago become a $15K book? The price 4.0s were selling for waaaay back in 2016? Yeah, I think I can see that happening. The way this will likely end is that prices start to erode a bit and some of the people holding mid-grade copies begin to think, "You know, maybe it's time to cash out my winnings." They try to consign the books and find that the auction houses have a bunch of other mid-grade copies that people have consigned, so they won't be able to list the book for months. Uh oh ... now what? They consign with a dealer at a price, say, 10% below GPA. "Yeah, I hate to sell low, but that's not too bad." But ... buyers are looking around and thinking, "Lot of mid-grade copies to choose from suddenly. Maybe if I wait a bit I can get one cheaper." And then some low auction results happen and ... You can finish the story. You may be right, you may be wrong. Link to comment Share on other sites More sharing options...
Spiderturtle Posted June 4, 2017 Share Posted June 4, 2017 I say 2009 will repeat itself Link to comment Share on other sites More sharing options...
Hamlet Posted June 4, 2017 Share Posted June 4, 2017 1 hour ago, Sqeggs said: Could the 4.0 that sold for $30K on CC a month ago become a $15K book? The price 4.0s were selling for waaaay back in 2016? Yeah, I think I can see that happening. The way this will likely end is that prices start to erode a bit and some of the people holding mid-grade copies begin to think, "You know, maybe it's time to cash out my winnings." They try to consign the books and find that the auction houses have a bunch of other mid-grade copies that people have consigned, so they won't be able to list the book for months. Uh oh ... now what? They consign with a dealer at a price, say, 10% below GPA. "Yeah, I hate to sell low, but that's not too bad." But ... buyers are looking around and thinking, "Lot of mid-grade copies to choose from suddenly. Maybe if I wait a bit I can get one cheaper." And then some low auction results happen and ... You can finish the story. Yup. There is something amazing about a bubble that just completely blinds people to the possibility that they could lose a lot of money until it happens. People race to buy at the top, and hem and haw about buying at the bottom. It will be interesting to see how the market plays out over the next 5-10 years. Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted June 4, 2017 Share Posted June 4, 2017 1 hour ago, Spiderturtle said: I say 2009 will repeat itself This time around will be different. There will be pullbacks and outlier along this dramatic sharp increase. There is so much more new money entering the Vintage Comic market with increase worldwide demand. I see AF15 will continue to increase with the inflation rate (yes, there may be slower growth at times). It's an asset one can enjoy and have the privilege to own one of the famous "Stan the Man" creation. ComicConnoisseur 1 Link to comment Share on other sites More sharing options...
peewee22 Posted June 4, 2017 Share Posted June 4, 2017 46 minutes ago, showcase22gr1959 said: This time around will be different. There will be pullbacks and outlier along this dramatic sharp increase. There is so much more new money entering the Vintage Comic market with increase worldwide demand. I see AF15 will continue to increase with the inflation rate (yes, there may be slower growth at times). It's an asset one can enjoy and have the privilege to own one of the famous "Stan the Man" creation. A bluechip comic. Link to comment Share on other sites More sharing options...
zhamlau Posted June 4, 2017 Share Posted June 4, 2017 15 hours ago, Sqeggs said: Could the 4.0 that sold for $30K on CC a month ago become a $15K book? The price 4.0s were selling for waaaay back in 2016? Yeah, I think I can see that happening. The way this will likely end is that prices start to erode a bit and some of the people holding mid-grade copies begin to think, "You know, maybe it's time to cash out my winnings." They try to consign the books and find that the auction houses have a bunch of other mid-grade copies that people have consigned, so they won't be able to list the book for months. Uh oh ... now what? They consign with a dealer at a price, say, 10% below GPA. "Yeah, I hate to sell low, but that's not too bad." But ... buyers are looking around and thinking, "Lot of mid-grade copies to choose from suddenly. Maybe if I wait a bit I can get one cheaper." And then some low auction results happen and ... You can finish the story. My thoughts on this are simple: 1. If the average price of lets say 4.0 is now 25-30k (up to 38k i think) will enough collectors/dealers be willing to lose thousands to tens of thousands of dollars in panic selling to really overall glut the market and bring down all copies in and around the range and under? Like will the guys paying 45-60k now for 5.0's really be willing to unload them at 25-30k just a year later, in droves? 2. If there is a pull back, realistically how much can it pull back? Can a top 3 comic book really lose like 40-50% of its value in a few months? Is that how much Hulk lost in its infamous pull back? Link to comment Share on other sites More sharing options...
Spiderturtle Posted June 4, 2017 Share Posted June 4, 2017 1 hour ago, zhamlau said: My thoughts on this are simple: 1. If the average price of lets say 4.0 is now 25-30k (up to 38k i think) will enough collectors/dealers be willing to lose thousands to tens of thousands of dollars in panic selling to really overall glut the market and bring down all copies in and around the range and under? Like will the guys paying 45-60k now for 5.0's really be willing to unload them at 25-30k just a year later, in droves? 2. If there is a pull back, realistically how much can it pull back? Can a top 3 comic book really lose like 40-50% of its value in a few months? Is that how much Hulk lost in its infamous pull back? How about the guy's that bought 4.0s or 4.5s two years ago, they might not need super strong numbers to sell their copy. They might just be ok with an average number Link to comment Share on other sites More sharing options...
SECollector Posted June 4, 2017 Share Posted June 4, 2017 1 hour ago, Spiderturtle said: How about the guy's that bought 4.0s or 4.5s two years ago, they might not need super strong numbers to sell their copy. They might just be ok with an average number It really depends. Taking me as an example: I bought a decent, no MC CGC 4.5 just a few months ago (Sept. 2016) for $19K. At that time it was above GPA but I really liked the looks of the book. Independently of how the prices develop I am not selling, since I primarily bought it as a collectible and secondly as an investment asset. And there are probably many more like me that will just keep their books, however the market develops. Link to comment Share on other sites More sharing options...
Lazyboy Posted June 4, 2017 Share Posted June 4, 2017 16 hours ago, showcase22gr1959 said: This time around will be different. Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted June 4, 2017 Share Posted June 4, 2017 (edited) 1 hour ago, Lazyboy said: Regardless...up or down in this bumpy road. A great privilege to own any AF15 copy or copies. Edited June 4, 2017 by showcase22gr1959 Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted June 4, 2017 Share Posted June 4, 2017 (edited) 1 hour ago, SECollector said: It really depends. Taking me as an example: I bought a decent, no MC CGC 4.5 just a few months ago (Sept. 2016) for $19K. At that time it was above GPA but I really liked the looks of the book. Independently of how the prices develop I am not selling, since I primarily bought it as a collectible and secondly as an investment asset. And there are probably many more like me that will just keep their books, however the market develops. I believe you came into the Vintage Comic market full force the last few years. BTW, you have awesome books in your signature. Edited June 4, 2017 by showcase22gr1959 Link to comment Share on other sites More sharing options...