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The Great Collectibles Bubble: Waiting To Pop?
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Started by Randall Ries,

343 posts in this topic

Ryan.

Ryan.

Posted
Posted
1 minute ago, IronMan_Cave said:

 

 

Believe me if 'these investors' dump IH181 CGC 9+ at 5K, I'll buy 4, if it goes down further to 2K, I'll buy another 10

Pull backs are probable. Total collapses are unlikely. At these insane price levels, there is now too much money involved for it to disappear, at least in any rapid way a la the 90s.

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THE_BEYONDER

THE_BEYONDER

Posted
Posted
4 minutes ago, Ryan. said:

Maybe. But if I have enough money to toss $50k at an AF15 on a whim, and the value starts to tank, I'm assuming I can afford to stash it for as long as I need. 

If you have that kind of money, why bother stashing the book hoping it once again achieves the same value sometime down the road? ???

This also assumes that current prices will once again be reached.  

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god503

god503

Posted
Posted
5 minutes ago, IronMan_Cave said:

 

 

Believe me if 'these investors' dump IH181 CGC 9+ at 5K, I'll buy 4, if it goes down further to 2K, I'll buy another 10

I have my signed 181 at 8.0 listed for 10K...  :wink:

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Ryan.

Ryan.

Posted
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Just now, THE_BEYONDER said:

If you have that kind of money, why bother stashing the book hoping it once again achieves the same value sometime down the road? ???

This also assumes that current prices will once again be reached.  

🔹 🖐️ 

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THE_BEYONDER

THE_BEYONDER

Posted
Posted
1 minute ago, IronMan_Cave said:

Please give me a chance to prove it ....put up your IH181 CGC9+ for 5K, I'll buy it, I'll show you for real :nyah:

Let’s go big.  Let’s say HULK 181 in 9.8 drops from its current 60k price tag to 50k. Are you buying at 50?

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Darkowl

Darkowl

Posted
Posted
6 minutes ago, Ryan. said:

Definitely. That's why I would expect them to hold instead of realizing a loss. 

I think it’ll be the stubborn ones who will want to hang onto their losing investment. Like Chevy Chase in Vegas Vacation. Ya know how he keeps losing, yet keeps dumping money on the table? Yeah, something like that, lol! 

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InfantTerrible

InfantTerrible

Posted
Posted (edited)
4 minutes ago, THE_BEYONDER said:

Let’s go big.  Let’s say HULK 181 in 9.8 drops from its current 60k price tag to 50k. Are you buying at 50?

no, because I don't have any 20K to spare, as simple as that, my comics budget 10-15K, ...but many other people can afford and will jump on it

put up our IH181 CGC9+ for 5K, I'll buy it now :nyah:

Edited by IronMan_Cave
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Darkowl

Darkowl

Posted
Posted
13 minutes ago, IronMan_Cave said:

 

 

Believe me if 'these investors' dump IH181 CGC 9+ at 5K, I'll buy 4, if it goes down further to 2K, I'll buy another 10

It’s easy to say that now, but if we’re facing a situation where a H181 9+ is suddenly at 5K? What’s to stop it from from sinking even deeper?

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Randall Ries

Randall Ries

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Posted
9 minutes ago, Ryan. said:

Pull backs are probable. Total collapses are unlikely. At these insane price levels, there is now too much money involved for it to disappear, at least in any rapid way a la the 90s.

When bubbles go boom, it's a cascade effect. it can wipe everything out in a day or two. If it IS a speculator thing, it seems as though they can just write it off of their taxes as an investment loss. They won't get hurt too badly. People like me would. If I bought high. I learned not to buy high. Many years ago.

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InfantTerrible

InfantTerrible

Posted
Posted
2 minutes ago, Darkowl said:

It’s easy to say that now, but if we’re facing a situation where a H181 9+ is suddenly at 5K? What’s to stop it from from sinking even deeper?

If it gets to that point, the thinking then becomes 'heh, it's only 5K....it's nothing, but at least i got a nice copy of the book I've always wanted'

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Darkowl

Darkowl

Posted
Posted (edited)
15 minutes ago, Ryan. said:

Pull backs are probable. Total collapses are unlikely. At these insane price levels, there is now too much money involved for it to disappear, at least in any rapid way a la the 90s.

I believe  that’s what they said right before the 2008 housing crash.

In fact, a good buddy of mine told me to buy a house right before the crash. He said, “You can NEVER going wrong with buying real estate!”. 

So I went to the bank to get a loan, and was turned down. That turned out to be the biggest financial blessing in disguise. I would have lost big time!

Edited by Darkowl
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Darkowl

Darkowl

Posted
Posted
2 minutes ago, IronMan_Cave said:

If it gets to that point, the thinking then becomes 'heh, it's only 5K....it's nothing, but at least i got a nice copy of the book I've always wanted'

But it’s not your response that changes the outcome.

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Ryan.

Ryan.

Posted
Posted
3 minutes ago, Darkowl said:

I believe  that’s what they said right before the 2008 housing crash.

In fact, a good buddy of mine told me to buy a house right before the crash. He said, “You can NEVER going wrong with buying real estate!”. 

So I went to the bank to get a loan, and was turned down. That turned out to be the biggest financial blessing in disguise. I would have lost big time!

I was thinking of the real estate bubble as a potential parallel, except I'm still waiting for a true crash in the Boston area, so that didn't really work for my purposes. Maybe all of you doomsayers are totally right and Hulk 181s will be given out to trick or treaters this Halloween but people with deep pockets have a funny way of keeping their pockets deep and full. 

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StingerMcK

StingerMcK

Posted
Posted (edited)

I think the first to fall will be the spec bros buying junk every Wednesday. At my local shop there are customers who only buy variants and whatever today's 1st appearance is. Holding their phone, looking at the spec app that's telling them what new issue to buy. And they grade everything immediately.  

Once those start dropping, it's not fun anymore. 

Edited by StingerMcK
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