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8,339 posts in this topic

On 9/26/2024 at 10:28 AM, jimjum12 said:

You were blessed by the Gods if you got 50% in the 80's ... and then you had to make sure the dealer wasn't quoting a 4-year-old guide. GOD BLESS ...

-jimbo(a friend of jesus)(thumbsu

 

 

True!   And that's one reason books were cheaper then!     Comics are so much more liquid now.    You spend $10k on something, you're not really stuck with a 10k cost the way you were stuck with it in the day.   You can get at least most of your money back pretty much any time.    

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On 9/26/2024 at 10:27 AM, Robot Man said:

Chuck Rozanski was the first dealer I ran into charging multiples of Guide.

I encountered this at the Casual Con when he first brought out the Church collection.

People were out raged. His “rational” to us were that these books were truly “mint” and blew away anything we had considered mint before. And they were. Marketing? Sure but was hard to argue.

Really didn’t stop any from the feeding frenzy at his booth. I was buying PCH, SOTI books and GGA that “guided” at $3-10 at the time. Hard to believe it now but very few folks wanted anything but Superhero books then.

I laugh now and wish I had more money that day. I spent every buck I had and even borrowed some more coming home with a nice pile.

amazing

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On 9/26/2024 at 11:09 AM, Bronty said:

True!   And that's one reason books were cheaper then!     Comics are so much more liquid now.    You spend $10k on something, you're not really stuck with a 10k cost the way you were stuck with it in the day.   You can get at least most of your money back pretty much any time.    

Back in the early 90's, II worked for this chap who was just the consummate hustler of comics. He was the one where I first saw the out-of-date OPG trick. He got called on it at one appointment. He said he grabbed the wrong guide, and then with a straight face, told the guy he had tons of that stuff already and offered 3K for about 15K. The guy sold. That sort of thing happened often. GOD BLESS ... 

-jimbo(a friend of jesus)(thumbsu

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On 9/26/2024 at 11:32 AM, jimjum12 said:

Back in the early 90's, II worked for this chap who was just the consummate hustler of comics. He was the one where I first saw the out-of-date OPG trick. He got called on it at one appointment. He said he grabbed the wrong guide, and then with a straight face, told the guy he had tons of that stuff already and offered 3K for about 15K. The guy sold. That sort of thing happened often. GOD BLESS ... 

-jimbo(a friend of jesus)(thumbsu

Can we have three guesses? I'll guess Jay Maybruck, Doug Schmell, or Greg Jortner.

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On 9/26/2024 at 7:27 AM, Robot Man said:

Chuck Rozanski was the first dealer I ran into charging multiples of Guide.

I encountered this at the Casual Con when he first brought out the Church collection.

People were out raged. His “rational” to us were that these books were truly “mint” and blew away anything we had considered mint before. And they were. Marketing? Sure but was hard to argue.

Really didn’t stop any from the feeding frenzy at his booth. I was buying PCH, SOTI books and GGA that “guided” at $3-10 at the time. Hard to believe it now but very few folks wanted anything but Superhero books then.

I laugh now and wish I had more money that day. I spent every buck I had and even borrowed some more coming home with a nice pile.

Maybe it was just luck but Chuck really needs to be recognized for potentially saving the greatest collection of all time. Could have easily been thrown away or scattered to a thousand different places. People might not agree with his Mile High pricing model but his contribution to this hobby has been immense.

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On 9/26/2024 at 9:45 AM, Silver Surfer said:

Maybe it was just luck but Chuck really needs to be recognized for potentially saving the greatest collection of all time. Could have easily been thrown away or scattered to a thousand different places. People might not agree with his Mile High pricing model but his contribution to this hobby has been immense.

Luck is a good word for it. But Chuck was the only one willing to go out and check out the collection. And smart enough to aquire the financial backing to buy it.

Like him or not, (and I happen to like him), It worked out great for him. But, he was a smart, hard working guy with vision. And it worked out well for the rest of us as well.

The only one who it didn’t work out well for was Edgar. But, by that time, I doubt it didn’t much matter all that much to him…

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On 9/26/2024 at 12:23 PM, jimbo_7071 said:

Can we have three guesses? I'll guess Jay Maybruck, Doug Schmell, or Greg Jortner.

None of those ... Maybruck was actually SO in on the ground floor, He could buy off the floor at one show, full tilt, triple the price, and sell them at the next show. GOD BLESS ... 

-jimbo(a friend of jesus)(thumbsu

One of my best friends was a schoolteacher who quit to go full time shows 54 years ago ... still goiing strong. 

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On 9/26/2024 at 2:33 PM, jimjum12 said:

One of my best friends was a schoolteacher who quit to go full time shows 54 years ago ... still goiing strong. 

So he must be at least 75 or 76, eh?

It seems like there are quite a few dealers out there who have selling since the 70s. I haven't been to a show in over 20 years because of the celebrity guest nonsense and the high admission fees. I ought to go to a con one of these days just for old times' sake.

Edited by jimbo_7071
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On 9/26/2024 at 11:09 AM, Bronty said:

True!   And that's one reason books were cheaper then!     Comics are so much more liquid now.    You spend $10k on something, you're not really stuck with a 10k cost the way you were stuck with it in the day.   You can get at least most of your money back pretty much any time.    

Oh, you can still lose plenty if you're not careful, believe me. Just ask the guys who have sold their Promise Collection books. But I'll bet it felt good to win those bidding wars—for all of five seconds. :roflmao:

Edited by jimbo_7071
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On 9/26/2024 at 10:28 PM, jimjum12 said:
On 9/26/2024 at 10:02 PM, tth2 said:

Given that most dealers back then were paying only 50% (or less) of Guide for books, it wasn't unreasonable to be outraged when they were trying to charge 2X Guide.  Just by charging Guide, they were already doubling their money.

You were blessed by the Gods if you got 50% in the 80's ... and then you had to make sure the dealer wasn't quoting a 4-year-old guide. GOD BLESS ...

-jimbo(a friend of jesus)(thumbsu

Too true, too true.

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On 9/27/2024 at 4:14 AM, jimbo_7071 said:

So he must be at least 75 or 76, eh?

It seems like there are quite a few dealers out there who have selling since the 70s. I haven't been to a show in over 20 years because of the celebrity guest nonsense and the high admission fees. I ought to go to a con one of these days just for old times' sake.

I double checked, and the 54-year figure incorporated the period when he began doing shows while finishing College, and his transition to full time. Makes sense because who in their right mind would quit a steady gig unless they had already "tasted the pudding." Back then he would advertise in local papers to buy comics in the towns he was going to next. Killing two birds with one stone. He also cultivated relationships with Estate Lawyers across the country for tips. GOD BLESS ...

-jimbo(a friend of jesus)(thumbsu

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On 9/27/2024 at 4:40 AM, jimbo_7071 said:

Oh, you can still lose plenty if you're not careful, believe me. Just ask the guys who have sold their Promise Collection books. But I'll bet it felt good to win those bidding wars—for all of five seconds. :roflmao:

of course you can still lose money - liquidity does not imply a gain or loss, it just speaks to ease of sale.

In fact you sort of proved my point.    Some of those promise collection books, in the day, would have been hard to find the right buyer for.    Now you just slap them on heritage and the right buyer will find the listing.

That buyer then can easily resell.    

Again - you can still lose your azz.   But the part of the reason the prices are high is because there is the expectation - which is mostly true - that you can resell easily.

And, truthfully, for the large majority of the purchases that make up the market - your 6.0 Hulk 181s - it is true that you can both easily resell, and, generally, won't expect to lose much if anything if you hold for a decent period of time.

Edited by Bronty
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On 9/26/2024 at 7:28 AM, jimjum12 said:

You were blessed by the Gods if you got 50% in the 80's ... and then you had to make sure the dealer wasn't quoting a 4-year-old guide. GOD BLESS ...

-jimbo(a friend of jesus)(thumbsu

 

 

If your books were vf/mint (and you didn't know that "good" in Overstreet meant "bad") they would look at your books and tell you "these are in good condition" and then say they needed to pay you half what the guide "good" was in order to make a profit. 

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On 9/27/2024 at 1:17 PM, BLUECHIPCOLLECTIBLES said:

If your books were vf/mint (and you didn't know that "good" in Overstreet meant "bad") they would look at your books and tell you "these are in good condition" and then say they needed to pay you half what the guide "good" was in order to make a profit. 

Also, ALL of then had noses of wood that were at minimum, a foot long. GOD BLESS ...

-jimbo(a friend of jesus)(thumbsu

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On 9/26/2024 at 10:47 PM, Professor K said:

The Reigning King of all Hitler covers these days? (Not including Cap 1). 

Opera Snapshot_2024-09-26_224504_comics.ha.com.png

With Fantastic Comics #22 getting $17K for a 1.0 I'm not sure this one takes the top slot. I do love it though, and regret not manning up for an affordable copy. 

 

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On 9/27/2024 at 4:23 PM, Point Five said:

With Fantastic Comics #22 getting $17K for a 1.0 I'm not sure this one takes the top slot. I do love it though, and regret not manning up for an affordable copy. 

 

Oh yeah that one. Plus a few more I'm pretty sure. Well if there was a Best Hilter Cover poll I think CatMan 20 would get my vote. 

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