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Show us your Modern Newsies!
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Started by mr_highgrade,

3,025 posts in this topic

Corona smith

Corona smith

Posted
Posted
On 7/25/2021 at 6:42 PM, littledoom said:

Collectors who buy newsstands of random issues really get them for the cover/significance and have specific needs. Not so much run needs but individual needs. If it’s a nice healthy run then I’d log them together but otherwise individuals is the best way

I’m big into Late Modern Newsstands and will buy any if the condition and price is right. I try and focus on “keys” though. I agree selling individually is the way to go. If they don’t sell relist those as sets. 

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Cpt Kirk

Cpt Kirk

Posted
Posted (edited)

How do people feel about the prices that Mile High Comics charges for newsstand issues?   I realize that they are almost always having 50% and 60% off sales through their newsletter code words, but even with the discount most of their newsstand issues from the year 2000 and up have asking prices in the $40 to $200 range for popular titles.  I don't think most of those newsstands variants are too hard to find for a few bucks if the buyer has patience.  I sometimes wonder how they sell any newsstand issue when they get in that price range, unless it is a very key issue.  I wonder what their strategy is.

Edited by Cpt Kirk
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Lifesuggs

Lifesuggs

Posted
Posted
On 8/24/2021 at 3:15 PM, Cpt Kirk said:

How do people feel about the prices that Mile High Comics charges for newsstand issues?   I realize that they are almost always having 50% and 60% off sales through their newsletter code words, but even with the discount most of their newsstand issues from the year 2000 and up have asking prices in the $40 to $200 range for popular titles.  I don't think most of those newsstands variants are too hard to find for a few bucks if the buyer has patience.  I sometimes wonder how they sell any newsstand issue when they get in that price range, unless it is a very key issue.  I wonder what their strategy is.

When I saw what they charge I tried to bulk out to them.

 

they told me that most of the time dealers just give them to them or sell for pennies cause they don’t want to deal with them.

granted they also still had their internal emails on the chains with “newsstands?!!!” And “you guys need to get a look at these” and other comments that ran contrary to their email to me

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fastballspecial

fastballspecial

Posted
Posted
On 8/24/2021 at 2:15 PM, Cpt Kirk said:

How do people feel about the prices that Mile High Comics charges for newsstand issues?   I realize that they are almost always having 50% and 60% off sales through their newsletter code words, but even with the discount most of their newsstand issues from the year 2000 and up have asking prices in the $40 to $200 range for popular titles.  I don't think most of those newsstands variants are too hard to find for a few bucks if the buyer has patience.  I sometimes wonder how they sell any newsstand issue when they get in that price range, unless it is a very key issue.  I wonder what their strategy is.

Mile High pricing has always been ridiculous. What irritates me is he is responsible for the 1/100 ratio now that some of these insufficiently_thoughtful_persons give to newsstand variants. 

Now as far as pricing goes a NM newsstand later then 2000 should command a premium even some from 1999 and 98 should in my opinion. Starting getting into the last 2000s and the price should go up by maybe 5 to 10x in high grade honestly because they are very difficult to find and even more so in high grade.

There are several newsstands that I have only found one copy of and only seen one copy. Those are really hard to find
and deserve a 10x price assessment on a high grade copy. (Slabbed even higher I guess.)

Mile High pricing is only done that way to fool buyers when he does his sales. His inventory is what keeps him going because website is terrible.

 

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musicmeta

musicmeta

Posted
Posted
On 8/25/2021 at 10:56 AM, fastballspecial said:

Mile High pricing has always been ridiculous. What irritates me is he is responsible for the 1/100 ratio now that some of these insufficiently_thoughtful_persons give to newsstand variants. 

Now as far as pricing goes a NM newsstand later then 2000 should command a premium even some from 1999 and 98 should in my opinion. Starting getting into the last 2000s and the price should go up by maybe 5 to 10x in high grade honestly because they are very difficult to find and even more so in high grade.

There are several newsstands that I have only found one copy of and only seen one copy. Those are really hard to find
and deserve a 10x price assessment on a high grade copy. (Slabbed even higher I guess.)

Mile High pricing is only done that way to fool buyers when he does his sales. His inventory is what keeps him going because website is terrible.

 

Yes, Mile High prices are crazy high.  I haven't bought from them in many years and I don't intend too.  I would like to "visit" the store one of these days.  

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Lazyboy

Lazyboy

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Posted
On 8/25/2021 at 8:16 AM, Lifesuggs said:

When I saw what they charge I tried to bulk out to them.

 

they told me that most of the time dealers just give them to them or sell for pennies cause they don’t want to deal with them.

granted they also still had their internal emails on the chains with “newsstands?!!!” And “you guys need to get a look at these” and other comments that ran contrary to their email to me

This should tell you all you need to know about the shallowness and fragility of the supposed Newsstand market and those pumping it.

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Cpt Kirk

Cpt Kirk

Posted
Posted
On 8/25/2021 at 9:16 AM, Lifesuggs said:

When I saw what they charge I tried to bulk out to them.

 

they told me that most of the time dealers just give them to them or sell for pennies cause they don’t want to deal with them.

granted they also still had their internal emails on the chains with “newsstands?!!!” And “you guys need to get a look at these” and other comments that ran contrary to their email to me

Several years ago, I asked an employee at Mile High how they gathered the most recent newsstand issues from the last few years that they were made.  The person told me that they had a couple customers who would buy them off the newsstand, and then bring them to Mile High for trade value.  That made sense.   I could not imagine someone from Mile High Comics going to Barnes & Noble stores in the Denver area weekly to pick them up (from about 2008 and onward, Barnes & Noble was one of the few sources for newsstand issues... I had to make a trip there about every other week to get the ones I collected.... frankly, I was glad when they stopped making newsstand issues as it was starting to get to be a pain in the neck for this nutty variant collector).   I've since managed to find every single "newsstand" issue in the titles of Batman, Detective, Action, and Superman/Adv of Superman in VF or better (most in the 9.0 to 9.8 range).  I cannot say it was easy.   And when I say "newsstand" I'm just talking about all the newsstand issues from the time DC started producing direct sales issues on cover dates of October 1980 and later.  If anyone ever wants to see an image of a newsstand issue from those titles that they haven't been able to find, I would be glad to post it.

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bshowell

bshowell

Posted
Posted
On 8/25/2021 at 12:26 PM, musicmeta said:

Yes, Mile High prices are crazy high.  I haven't bought from them in many years and I don't intend too.  I would like to "visit" the store one of these days.  

I lived just outside of Denver until a couple of months ago and if you think his website prices are crazy, just go visit his superstore. Admittedly it has a little bit of everything but it is so unbelievably expensive that there is no way they move very much product. The cheapest graded comic they have is about $500 (for a non-key modern issue in a long box, not on display) and their action figures are at least 10 times more expensive than what you find them on ebay for. If you visit thinking it's a museum with no intention to buy anything than it's a great time, but if you are looking for something in particular, just find it elsewhere.

 

Just BTW, I interviewed Chuck about a decade ago for a podcast I hosted at the time. He really is more hands off now days when it comes to the actual selling of comics. He'll buy big lots and write his newsletter but the pricing and listing of comics he leaves to his two "specialists" at his store there. I'm curious if he actually knows what he is charging now.

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