Slyde Posted March 13, 2021 Share Posted March 13, 2021 I've been watching sales on Ebay and HA over the last couple of months, and over the last month or so, I am seeing some crazy sales that do not appear to be one-off anomalies. For example, Giant Size X-Men #1 (8.5): The average of the last 5 sales (all in March) is ~$7,400 compared to ~$3,500 average in December. I see numerous examples of 30%-100% higher sales over a few month period, with the biggest increases happening in the last 30 days. Granted, I am looking mostly at SA keys, but I'm not including books like SS #3, Avengers #8, etc.. For those that are familiar with the comic book market, is there something in particular that is driving prices up significantly over the last couple months? The MCU has been going for a long time, so maybe the Disney/Marvel situation? Link to comment Share on other sites More sharing options...
William-James88 Posted March 13, 2021 Share Posted March 13, 2021 38 minutes ago, Slyde said: I've been watching sales on Ebay and HA over the last couple of months, and over the last month or so, I am seeing some crazy sales that do not appear to be one-off anomalies. For example, Giant Size X-Men #1 (8.5): The average of the last 5 sales (all in March) is ~$7,400 compared to ~$3,500 average in December. I see numerous examples of 30%-100% higher sales over a few month period, with the biggest increases happening in the last 30 days. Granted, I am looking mostly at SA keys, but I'm not including books like SS #3, Avengers #8, etc.. For those that are familiar with the comic book market, is there something in particular that is driving prices up significantly over the last couple months? The MCU has been going for a long time, so maybe the Disney/Marvel situation? People have more money than they know what to do with it. While the pandemic has been crippling for many, there are a lot of people who have a lot more disposable income than ever before since it cannot be spent on restaurants, trips, yachts, or cocaine parties. The money has to go somewhere, and its going to NFTs, high end collectibles and all other sorts. Comics happen to be in these asset based investment categories that is getting this unused money. So you have more demand and the same supply as last year, so the prices were bound to go up. We'll see what happens when money can be spent on leisure activities again. Avi and ExNihilo 2 Link to comment Share on other sites More sharing options...
Trifisherjoe Posted March 13, 2021 Share Posted March 13, 2021 ...all keys go up $1400 as of stimulus passing. djzombi, The Lions Den and gadzukes 1 1 1 Link to comment Share on other sites More sharing options...
rsouxlja7 Posted March 13, 2021 Share Posted March 13, 2021 My question is will these keys maintain these price levels or could we be in for a decline in the coming years, specifically for books that have exploded like GSX1 and TMNT1. Link to comment Share on other sites More sharing options...
gadzukes Posted March 13, 2021 Share Posted March 13, 2021 1 hour ago, rsouxlja7 said: My question is will these keys maintain these price levels or could we be in for a decline in the coming years, specifically for books that have exploded like GSX1 and TMNT1. Even if there is a slight decline from these amazing sales, overall I think all values have been pulled up permanently from where they were 2 months ago. I like it as a seller. I hate it as a buyer. KCOComics and thehumantorch 2 Link to comment Share on other sites More sharing options...
rsouxlja7 Posted March 13, 2021 Share Posted March 13, 2021 47 minutes ago, gadzukes said: Even if there is a slight decline from these amazing sales, overall I think all values have been pulled up permanently from where they were 2 months ago. I like it as a seller. I hate it as a buyer. Yeah I am at the point where I haven't bought a new book since 2019. I view my comics as an alternative investment in my overall portfolio so now I am just weighing what to hold onto and what to sell off. I have been holding X-Men keys and a TMNT1 that have appreciated a lot more than I ever thought in a short amount of time. Link to comment Share on other sites More sharing options...
Galen130 Posted March 13, 2021 Share Posted March 13, 2021 4 hours ago, Trifisherjoe said: ...all keys go up $1400 as of stimulus passing. 🤣🤣🤣 Link to comment Share on other sites More sharing options...
Slyde Posted March 13, 2021 Author Share Posted March 13, 2021 1 hour ago, gadzukes said: Even if there is a slight decline from these amazing sales, overall I think all values have been pulled up permanently from where they were 2 months ago. I like it as a seller. I hate it as a buyer. Yeah, I just started getting back into this last year (after 30 years away from the hobby) and was only planning to slab some of my collection. However, last month I started getting the itch to buy some books, at apparently the worst possible time... SargenticusV 1 Link to comment Share on other sites More sharing options...
Timeless icons Posted March 13, 2021 Share Posted March 13, 2021 There's definitely an uptick in people joining the hobby as well (at least from what I'm observing...). I myself, have had many friends and acquaintances jumping into collecting in the last year or so. Link to comment Share on other sites More sharing options...
Kramerica Posted March 13, 2021 Share Posted March 13, 2021 Yep. It's totally bonkers right now. It feels like 1990-1991 again. Link to comment Share on other sites More sharing options...
Galen130 Posted March 13, 2021 Share Posted March 13, 2021 Wish I was seeing it in my sales thread. Guess my slabs aren't in demand. 😫😫😫 Link to comment Share on other sites More sharing options...
Mercury Man Posted March 13, 2021 Share Posted March 13, 2021 10 hours ago, Trifisherjoe said: ...all keys go up $1400 as of stimulus passing. Um yeah...no (and I know you are being sarcastic). Said it before, since March 2020 the rich just got richer, and more money to play with in their stock portfolios. It's not us common folk moving the needle with our stimulus money. The Lions Den and Galen130 2 Link to comment Share on other sites More sharing options...
William-James88 Posted March 14, 2021 Share Posted March 14, 2021 1 hour ago, Galen130 said: Wish I was seeing it in my sales thread. Guess my slabs aren't in demand. 😫😫😫 I guess it ain't tmnt 1 Galen130 1 Link to comment Share on other sites More sharing options...
Trifisherjoe Posted March 14, 2021 Share Posted March 14, 2021 12 hours ago, Mercury Man said: Um yeah...no (and I know you are being sarcastic). Said it before, since March 2020 the rich just got richer, and more money to play with in their stock portfolios. It's not us common folk moving the needle with our stimulus money. Right. Link to comment Share on other sites More sharing options...
Trifisherjoe Posted March 14, 2021 Share Posted March 14, 2021 14 hours ago, Galen130 said: Wish I was seeing it in my sales thread. Guess my slabs aren't in demand. 😫😫😫 Me too! My in demand slabs, I don't ever want to sell. Link to comment Share on other sites More sharing options...
The Lions Den Posted March 14, 2021 Share Posted March 14, 2021 While I appreciate the increased interest in the hobby, I personally can't justify buying a book that was selling for half that price 90 days ago. As the saying goes: "A fool and his money are soon parted..." Savoyard23 and 1950's war comics 2 Link to comment Share on other sites More sharing options...
Galen130 Posted March 14, 2021 Share Posted March 14, 2021 17 hours ago, William-James88 said: I guess it ain't tmnt 1 Nope. Just Power Rangers 1. Not as cool as turtles. 🤣🤣🤣 William-James88 1 Link to comment Share on other sites More sharing options...
theCapraAegagrus Posted March 15, 2021 Share Posted March 15, 2021 Not much. What's going on with you? Frances_ and The Lions Den 2 Link to comment Share on other sites More sharing options...
serling1978 Posted March 16, 2021 Share Posted March 16, 2021 10 hours ago, Angel of Death said: Not much. What's going on with you? Haha I was going to reply this same way. Beat me to it. Link to comment Share on other sites More sharing options...
DaveProsch Posted March 16, 2021 Share Posted March 16, 2021 On 3/12/2021 at 11:33 PM, William-James88 said: People have more money than they know what to do with it. While the pandemic has been crippling for many, there are a lot of people who have a lot more disposable income than ever before since it cannot be spent on restaurants, trips, yachts, or cocaine parties. The money has to go somewhere, and its going to NFTs, high end collectibles and all other sorts. Comics happen to be in these asset based investment categories that is getting this unused money. So you have more demand and the same supply as last year, so the prices were bound to go up. We'll see what happens when money can be spent on leisure activities again. Cocaine parties ???? I just shot the coffee out of my NOSEEE LMFAOOOOOOOOOOO SargenticusV and William-James88 2 Link to comment Share on other sites More sharing options...
