vodou Posted March 2, 2021 Share Posted March 2, 2021 5 hours ago, stinkininkin said: This subject seems to come up a lot in your posts. Methinks thou dost protest too much! Not I, but I'll enjoy watching the rest of you burn to the ground Link to comment Share on other sites More sharing options...
exitmusicblue Posted March 2, 2021 Share Posted March 2, 2021 (edited) 22 minutes ago, vodou said: Not I, but I'll enjoy watching the rest of you burn to the ground Voods, you doing alrighty these days, man? Seems your every other post involves watching the rest of us get burnt to a crisp somehow Edited March 2, 2021 by exitmusicblue Link to comment Share on other sites More sharing options...
ESeffinga Posted March 2, 2021 Share Posted March 2, 2021 (edited) 13 hours ago, vodou said: And you report your capital gain/loss how then? Hmmmm. Edited March 2, 2021 by ESeffinga Link to comment Share on other sites More sharing options...
Popular Post rrichards Posted March 2, 2021 Popular Post Share Posted March 2, 2021 (edited) At 71 ,I think I might be the oldest member on this thread .When I was your age I told myself that when I hit 65 I would start an exit plan but here I am 6 years later with just about the same number of artworks that I had at 50 . Why ? Because as I got older I found fewer and fewer things that interested me or got me as excited.I love comics but today's comics seems to be a wasteland .Loved music but many of the musicians and bands that I liked have either broken up or died and nobody sells CDs anymore (I have yet to learn how to download music.).Books ? Try and find a good book store . Dining ?Doctor's diet restrictions took the fun out of that. Sex? One look in the mirror and the disappointment is overwhelming. I still enjoy many of the new movies even though many are junk geared towards 20 year olds and sports on TV (going to games is a labor) but you can see that my options have dwindled and I don't think I'm all that unusual for an old guy.And then there is my comic art collection . My collection still brings me great joy and sometimes when I feel a little frustrated ,down or just "old" I just sit in my room (all of my art is on the walls) and just look . It gives me great joy ,as few things do these days,for all the reasons we all know as collectors and for that reason alone I would encourage you to hold off de-accessing for as long as possible. My plan is to reduce the collection to a few prime pieces soon and then ,when I'm gone,instruct my wife to offer the pages to the kids or a few dealers that I trust. It might seem materialistic to hold on to beloved objects but these objects are more than just "things" as they are also an accumulation of memories and emotions associated with them. "Hold on to things you love " Good advice for your collection and life in general ..... Edited March 2, 2021 by rrichards John E., MagnusX, zhamlau and 19 others 18 4 Link to comment Share on other sites More sharing options...
Popular Post MyNameIsLegion Posted March 2, 2021 Popular Post Share Posted March 2, 2021 in 2020, due in part to the pandemic, and other situations, my sale to acquisition ratio was this: 12:5. So far this year. 1:3. I turned 50 late last year. The cost of art I like has reached a point that is not sustainable in terms of future gains, if not possible losses as the boomers exit and us Gen-Xers are slowing down and I suspect will not be able to absorb it all, and much of it we won't even care about (strip art, westerns, funny books, pulps, most GA no matter how much Mike Finn pimps it, he can have it, but there are large caches of the aforementioned art that haven't seen the light of day in decades) Most of my collection was acquired pre-2010, so my acquisition costs are relatively low. so unless I trade on that value for modern priced things, I can shift the mix, trade up, but realistically my collection peaked 3-4 years ago, and we are in the plateau. I may have a few surprises left in me, but they won't shift the needle that dramatically in relation to the size of the collection, just broaden the mix a bit more. Will_K, MagnusX, mlansdown and 3 others 6 Link to comment Share on other sites More sharing options...
Popular Post MyNameIsLegion Posted March 2, 2021 Popular Post Share Posted March 2, 2021 also, I can buy a really nice vintage 90's pinball machine for the cost of one decent bronze Marvel panel page. I got 2 pins last year. Terminator 2, and Judge Dredd. I get a heck of a lot more use out of those. They take up space, require maintenance, etc. but it's more pragmatic than collecting cars, and they too have shot up in the last few years and are readily bought, sold and traded. I could see getting a couple more. ThothAmon, John E., grapeape and 3 others 6 Link to comment Share on other sites More sharing options...
vodou Posted March 2, 2021 Share Posted March 2, 2021 11 hours ago, exitmusicblue said: Voods, you doing alrighty these days, man? Seems your every other post involves watching the rest of us get burnt to a crisp somehow Never better Link to comment Share on other sites More sharing options...
vodou Posted March 2, 2021 Share Posted March 2, 2021 4 hours ago, rrichards said: Try and find a good book store . A bit of a drive, make a long weekend of it? Old Number Six Book Depot Gibson's Bookstore Books by the Lake Books, books, books! Link to comment Share on other sites More sharing options...
Popular Post Michael (OML)1 Posted March 2, 2021 Popular Post Share Posted March 2, 2021 (edited) 1 hour ago, MyNameIsLegion said: in 2020, due in part to the pandemic, and other situations, my sale to acquisition ratio was this: 12:5. So far this year. 1:3. I turned 50 late last year. The cost of art I like has reached a point that is not sustainable in terms of future gains, if not possible losses as the boomers exit and us Gen-Xers are slowing down and I suspect will not be able to absorb it all, and much of it we won't even care about (strip art, westerns, funny books, pulps, most GA no matter how much Mike Finn pimps it, he can have it, but there are large caches of the aforementioned art that haven't seen the light of day in decades) Most of my collection was acquired pre-2010, so my acquisition costs are relatively low. so unless I trade on that value for modern priced things, I can shift the mix, trade up, but realistically my collection peaked 3-4 years ago, and we are in the plateau. I may have a few surprises left in me, but they won't shift the needle that dramatically in relation to the size of the collection, just broaden the mix a bit more. Hi - its Michael and I don't think I've pimped Golden Age art -- I like it and I tell everyone I like it and I hope folks will sell me Golden Age art but I don't think I've told people to go buy it nor have I tried to sell it, either of which is (at least to me) required to meet the term "pimping." If your point is that GA art (which I love) will not be of much interest to future collectors, that is probably true. That doesn't mean I'll stop wanting it or loving it. I just thought I'd add my two cents to say that it was a bit unfair to say I've pimped GA art as I've not told people to go buy it nor tried to sell it. I've just said it is what I like. I've not tried to convince others to buy it. Edited March 2, 2021 by Michael (OML)1 grammar MyNameIsLegion, ThothAmon, grapeape and 4 others 6 1 Link to comment Share on other sites More sharing options...
GreatEscape Posted March 2, 2021 Share Posted March 2, 2021 45 minutes ago, Michael (OML)1 said: Hi - its Michael and I don't think I've pimped Golden Age art... Agree. Michael doesn't pimp GA art, in fact doing so would only undermine his collecting efforts given the scarcity of GA pages. He posts and celebrates new pieces in same way as other collectors (as he should)... and often without any description for a 70+ years old page of GA art. I'd say that's rather understated. grapeape 1 Link to comment Share on other sites More sharing options...
MyNameIsLegion Posted March 2, 2021 Share Posted March 2, 2021 (edited) 2 hours ago, Michael (OML)1 said: Hi - its Michael and I don't think I've pimped Golden Age art -- I like it and I tell everyone I like it and I hope folks will sell me Golden Age art but I don't think I've told people to go buy it nor have I tried to sell it, either of which is (at least to me) required to meet the term "pimping." If your point is that GA art (which I love) will not be of much interest to future collectors, that is probably true. That doesn't mean I'll stop wanting it or loving it. I just thought I'd add my two cents to say that it was a bit unfair to say I've pimped GA art as I've not told people to go buy it nor tried to sell it. I've just said it is what I like. I've not tried to convince others to buy it. Mike, "pimp" is a poor choice of words, and so I apologize - I was kidding anyway but not meant to be a criticism or a dig. Nobody's going to rush to obscure GA art as an investment opportunity in the the OA hobby. If they do, they're crazy. Edited March 2, 2021 by MyNameIsLegion grapeape 1 Link to comment Share on other sites More sharing options...
vodou Posted March 2, 2021 Share Posted March 2, 2021 1 hour ago, MyNameIsLegion said: "pimp" Never apologize. Link to comment Share on other sites More sharing options...
Bird Posted March 2, 2021 Share Posted March 2, 2021 4 minutes ago, vodou said: Never apologize. Link to comment Share on other sites More sharing options...
Popular Post IngelsFan Posted March 2, 2021 Popular Post Share Posted March 2, 2021 52 year-old here, and I bought my first piece of art in 1991. I have a lot of regrets for things I’ve sold when I was younger and the stuff was not only plentiful but a whole lot cheaper to buy (Lubbers splash for $50, early Star Wars covers for $300, etc). I used to sell or trade art to get pieces that I wanted more, but now I definitely have more of a hoard/“to the grave” mentality. Also, if my parents are any indication, I have at least another 40 years to play in the sandbox. I’ve always bought art and comics I enjoy, and don’t intend to stop anytime soon. Rick2you2, Microchip, John E. and 2 others 5 Link to comment Share on other sites More sharing options...
grapeape Posted March 3, 2021 Share Posted March 3, 2021 I’m 53 and the last five years have brought me daunting health issues. But Mrs. Ape must have been going through my record collection and insisted I Fight Fight Fight (The Cure Album is the reference) So.....I’m digging in. I’m holding on to my best. I’m always looking but will rarely buy above low four figures now. I’ve left Mrs. Ape with helpful instructions should I expire. I won’t bore you with who I told her to contact. But I will share that I told her if she is contacted and the guy on the phone says, “let me check with my brother,” she is to hang up and rip the house phone out of the wall. She is to block any cell phone calls with an area code from Northern California. Love the art until they pry it from your cold dead hands. I think Charlton Heston said that. Although I don’t think he was referring to comic art. 🍇 + 🦍 ThothAmon, Timely, IngelsFan and 1 other 3 1 Link to comment Share on other sites More sharing options...
Popular Post Carlo M Posted March 3, 2021 Popular Post Share Posted March 3, 2021 I'm also 53, and am planning to enjoy my collection for the next 30 years or so. And when the whole house of cards comes tumbling down I will be first in line to buy all those Kirby twice-up covers being sold for a couple of hundred dollars, even if I will have only a few months left to enjoy them! Carlo MagnusX, ThothAmon, IngelsFan and 2 others 5 Link to comment Share on other sites More sharing options...
The Voord Posted March 3, 2021 Share Posted March 3, 2021 (edited) 8 hours ago, grapeape said: Love the art until they pry it from your cold dead hands. I think Charlton Heston said that. He said, "Get your hands off my art, you dirty damned ape." * * Possibly one of the famous ape brothers? Edited March 3, 2021 by The Voord Link to comment Share on other sites More sharing options...
Popular Post The Voord Posted March 3, 2021 Popular Post Share Posted March 3, 2021 (edited) I've recently turned 64, collecting artwork since 1982. I actually started selling off big chunks of my collection around 15 years ago. An American collector living in London at the time (he was the guy who in recent years sold the million dollar Frankenstein plate) contacted me with a view to buying and as he (seemingly) had deep-pockets, I ended up selling him quite a bit. The large amounts (for that time) proved very useful to make big lifestyle improvements as the sales paid off my first mortgage and allowed me to finally give my long-suffering partner the dream wedding she always wanted (amongst other things). I'd say that the life-changing nature of making big sales helped ease the sense of loss and my priorities in life shifted . . . in the sense that losing parts of my collection meant that my family could benefit overall in a positive way. Later on, I sold some more high-end items to move to a bigger more-expensive house in a nicer area (I wasn't in a bad area prior to that), nearer to my wife's family, which she always wanted. Again, I remained mortgage-free on the house move. The last big art sale allowed me to retire something like six years early. The company I worked for had lost its sole contract to a competitor and I was on notice of redundancy. I thought, "What the heck, I'll sell some more art to augment my redundancy pay and put my feet up." Jim Halperin bought a big chunk of art from me at the time, so I had an adequate early-retirement fund. I was, and still am, very happy. Sad to let go of the high points of my collection over the years, but best to have my family benefit as a whole. Funny thing was, out of the monthly retirement income I allocated myself, I started collecting movie poster original paintings, which can be a lot more reasonable in price (and I'd always loved movie art). I even started my own FB group that provides good opportunities to buy and sell movie art. Together with the more recently acquired movie paintings, I still have lots of comic-art to sell and augment my retirement fund and made some more money out of last night's Comic-Link auction. I think auctions are the way to go for me now. I used to make a lot of private sales but now firmly believe that collectors prefer the competitive thrill of bidding for their art (in many cases) As such, selling-off my collection is an ongoing thing - though I do plan to keep hold of a core group of cherished favourites until the end (e.g. my Ditko ASM splash), with instructions left to my family on who to contact when the day comes I fall off the bar stool and never get up . . . Edited March 3, 2021 by The Voord Peter L, grapeape, IngelsFan and 13 others 14 2 Link to comment Share on other sites More sharing options...
Popular Post gumbydarnit Posted March 3, 2021 Popular Post Share Posted March 3, 2021 (edited) You know, if you do downsize by choice or necessity, you can make an effort to find collectors in your area and get together. I get satisfaction in my friends collections. I’m happy when they land a coveted piece. Kinda like if I can’t own it, it’s almost as cool that my buddy has it. If I sold off big chunks of my collection, I get the feeling I would be dropping in by my bud’s house a lot more frequently. Edited March 3, 2021 by gumbydarnit JadeGiant, Legion of Goom, MagnusX and 4 others 7 Link to comment Share on other sites More sharing options...
gumbydarnit Posted March 3, 2021 Share Posted March 3, 2021 My vicarious collection is AWESOME! Peter L 1 Link to comment Share on other sites More sharing options...