Are prices still climbing or have they eased up a bit??? 43 43

[Joshua33]

On 9/12/2021 at 4:04 PM, Hens_Teeth said:

No allegedly about, it's fact.

Where can I read this information?

[MetalPSI]

On 9/12/2021 at 5:18 PM, Hens_Teeth said:

The internet Try "N P Gresham".

It's legal in Texas so it's no big revelation.

Then link the articles Stu and save the dramatics for other pot smokers who need the Kardashians in their lives

Edited September 12, 2021 by Dr. Dank

[MetalPSI]

On 9/12/2021 at 6:05 PM, Hens_Teeth said:

For free? Pssssh. Pull your sausage fingers outta your pants and start typing!

Get back to me on your upswing, and for the love of God, quit getting banned from practically every forum, if you have actual relevant carp to say 

[Joshua33]

On 9/12/2021 at 5:15 PM, Dr. Dank said:

Get back to me on your upswing, and for the love of God, quit getting banned from practically every forum, if you have actual relevant carp to say 

Please educate me on "relevant carp"

[PKJ]

On 9/12/2021 at 6:34 PM, Joshua33 said:

How long ya got buddy? 

In all seriousness though, I don't believe many books out there are being bought with any sense of awareness. Spiderman 300, 361, Secret Wars, Eternals, Nova, Shang Chi, Iron Fist, and people are extra wreckless on FF48, 49, any Claremont X Men, Miles Morales, etc, etc, etc. 

All of these are cool books, but the prices being paid appear to be the hype, plus future hype, plus prayed for future appreciation, future movie success, future growth in number of collectors, and on and on. It just seems so far beyond peaked out, that people are just driving up prices on mid grade fodder because they can't afford heavy keys anymore, so the inflation spills into books that should be in twenty five dollar bins.

I just hope when it's all over, it doesn't sour half of the collector market. Though I may be waiting for reason to enter the market before I reacquire many books I've moved, I understand and appreciate a healthy population in our hobby market.

I have not seen FF 48 and 49 still selling at crazy prices lately, I agree they both shot up with the rest, but I don't put them in the same categories as the other spec books.

What is ironic is I have a few ASM 361's and ASM 252's I sent to Joey in March to get pressed and graded that at the time were on fire so I thought I would sell off some. They have already dropped dramatically.

I tend to log onto the IG live sales of some of the bigger sellers on IG and it amazes me how many people hype up Nova, Eternals and Moon Knight etc but also amazes me as to how many people snag them the minute they are listed with 3-4 others putting in claims behind so there is still that rush of people trying to get the next thing. 

 

[Joshua33]

On 9/12/2021 at 5:26 PM, PKJ said:

I have not seen FF 48 and 49 still selling at crazy prices lately, I agree they both shot up with the rest, but I don't put them in the same categories as the other spec books.

What is ironic is I have a few ASM 361's and ASM 252's I sent to Joey in March to get pressed and graded that at the time were on fire so I thought I would sell off some. They have already dropped dramatically.

I tend to log onto the IG live sales of some of the bigger sellers on IG and it amazes me how many people hype up Nova, Eternals and Moon Knight etc but also amazes me as to how many people snag them the minute they are listed with 3-4 others putting in claims behind so there is still that rush of people trying to get the next thing. 

 

That's the problem though, iddn' it? Those 'next thing' books are already being paid for as if they're the current thing. 

 

[jjonahjameson11]

On 9/12/2021 at 8:26 PM, PKJ said:

I have not seen FF 48 and 49 still selling at crazy prices lately, I agree they both shot up with the rest, but I don't put them in the same categories as the other spec books.

What is ironic is I have a few ASM 361's and ASM 252's I sent to Joey in March to get pressed and graded that at the time were on fire so I thought I would sell off some. They have already dropped dramatically.

I tend to log onto the IG live sales of some of the bigger sellers on IG and it amazes me how many people hype up Nova, Eternals and Moon Knight etc but also amazes me as to how many people snag them the minute they are listed with 3-4 others putting in claims behind so there is still that rush of people trying to get the next thing. 

 

FF 48 just sold for $144K on HA.  Is that not a crazy piece?

[PKJ]

On 9/12/2021 at 8:28 PM, Joshua33 said:

That's the problem though, iddn' it? Those 'next thing' books are already being paid for as if they're the current thing. 

 

Exactly. And higher than the going rate of other actual established "things".

[THE_BEYONDER]

On 9/12/2021 at 7:54 PM, Dr. Dank said:

Then link the articles Stu and save the dramatics for other pot smokers who need the Kardashians in their lives

[PKJ]

On 9/12/2021 at 8:30 PM, jjonahjameson11 said:

FF 48 just sold for $144K on HA.  Is that not a crazy piece?

9.8's are always head scratchers to me. That one is crazy, maybe the Stan sig is worth the 44K bump?

I was more comparing the larger sample sizes, although I did go back and look at some sales for both and they are steady.

[MetalPSI]

On 9/12/2021 at 6:26 PM, Joshua33 said:

Please educate me on "relevant carp"

Stu is someone you have to pull threads with to unravel what's BS and what's not.

[D2]

On 9/12/2021 at 6:34 PM, Joshua33 said:

How long ya got buddy? 

In all seriousness though, I don't believe many books out there are being bought with any sense of awareness. Spiderman 300, 361, Secret Wars, Eternals, Nova, Shang Chi, Iron Fist, and people are extra wreckless on FF48, 49, any Claremont X Men, Miles Morales, etc, etc, etc. 

All of these are cool books, but the prices being paid appear to be the hype, plus future hype, plus prayed for future appreciation, future movie success, future growth in number of collectors, and on and on. It just seems so far beyond peaked out, that people are just driving up prices on mid grade fodder because they can't afford heavy keys anymore, so the inflation spills into books that should be in twenty five dollar bins.

I just hope when it's all over, it doesn't sour half of the collector market. Though I may be waiting for reason to enter the market before I reacquire many books I've moved, I understand and appreciate a healthy population in our hobby market.

I would agree with this perspective. 
 

A good, more short term example of this would be Marvel Comics Presents 72. 
 

This is a book, in all transparency, that I absolutely adore. This book also came out in 1991 (I believe) and most likely exists in mint, raw form, in hundreds and hundreds of copies in American basements everywhere. 
 

A blue label 9.8 skyrocketed to $1,000 USD at some point in June. 
 

I mean… Listen, I love that book, I love that series, I love that creator, and I love that character. I also love a healthy comic book market. 
 

But come on, that’s a $350 book at best in a 9.8. 
 

Now, it’s back below $500. Granted, still double from the $200-250 it was at…
 

Hype + Future Hype + Future Appreciation + Future Movie Successes…

[Gregd]

The thing is that even if the bubble pops, if you have time, these books will probably all hit another record. I have seen people referring to past bubbles as something that wouldn’t happen again. But just like stocks they will and did happen again.
 

My advice: Buy and hold until either the profit is too crazy to pass on or you need the money. Not sure I would buy at a record price, but I did pick up a few more bronze/copper/moderns as I saw the prices come down a bit. Just like stocks I can’t time this market ( I thought a ASM 4.0 at $5k was a lot back some time ago. Should have plunged in then). Now I just got to put them away and not think about them for a decade or so 😂

[WEBHEAD]

On 9/12/2021 at 10:37 PM, Gregd said:

The thing is that even if the bubble pops, if you have time, these books will probably all hit another record. I have seen people referring to past bubbles as something that wouldn’t happen again. But just like stocks they will and did happen again.
 

My advice: Buy and hold until either the profit is too crazy to pass on or you need the money. Not sure I would buy at a record price, but I did pick up a few more bronze/copper/moderns as I saw the prices come down a bit. Just like stocks I can’t time this market ( I thought a ASM 4.0 at $5k was a lot back some time ago. Should have plunged in then). Now I just got to put them away and not think about them for a decade or so 😂

Ditto

[MGsimba77]

On 9/12/2021 at 10:37 PM, Gregd said:

The thing is that even if the bubble pops, if you have time, these books will probably all hit another record. I have seen people referring to past bubbles as something that wouldn’t happen again. But just like stocks they will and did happen again.
 

Agree 100% with this. People keep knocking the reason these books are appreciating be it spec or whatever. What difference does it make why a value increase happens? If you're looking to sell something that's seen a substantial increase your not going to shortchange yourself because you think people might be buying for dubious reasons. If you own something of increased value are you going to look down on it because you theorize maybe there's a bunch of reckless buyers out there? They may or may not be reckless that's a matter of opinion. Who's to know for sure whether these reasons for market trends are dubious If you wanna buy then waiting for a cool down period could make sense but anticipating bargain basement due to the always impending "crash" is not terribly realistic. The doomsday scenario has been on the docket now for as long as anyone can remember. 

Edited September 13, 2021 by MGsimba77

[Pat Thomas]

On 9/13/2021 at 1:21 PM, MGsimba77 said:

Agree 100% with this. People keep knocking the reason these books are appreciating be it spec or whatever. What difference does it make why a value increase happens? If you're looking to sell something that's seen a substantial increase your not going to shortchange yourself because you think people might be buying for dubious reasons. If you own something of increased value are you going to look down on it because you theorize maybe there's a bunch of reckless buyers out there? They may or may not be reckless that's a matter of opinion. Who's to know for sure whether these reasons for market trends are dubious If you wanna buy then waiting for a cool down period could make sense but anticipating bargain basement due to the always impending "crash" is not terribly realistic. The doomsday scenario has been on the docket now for as long as anyone can remember. 

I got back into collecting in 2010, after a 25 year layoff. I was surprised that most of the comics I remembered from my youth were still available at relatively decent prices. Fortunately I had a lot of money to put towards comics, so I built the "foundation" of my collection in the first two years. Around 2013, I decided to enter my entire collection into mycomicshop.com's selling database. As I was entering them, I noticed a good portion of my comics were already receiving offers that were more than I paid for them. In some cases, a lot more. I've been doing that ever since whenever I add to my collection, and I can say without a doubt that prices across the board have only been going up the entire time. Putting my comics in that database is what sparked my interest in following the market, but that's not the only resource I follow. The point is that whatever source you use shows the market is going one direction. On every message board I've participated, there have been people warning of the impending crash, and that the prices are too high to sustain. So far, we haven't reached that point. When Avengers exploded in 2012, these incredible characters and stories most of us love were exposed to the entire world. And people all over the world loved it. People all over the world also had easy access to collect if they wanted, through ebay and other websites. So now even comics with millions of copies pale in comparison to the billions of people potentially wanting to collect them. It truly is a whole new game now. I don't know about anybody else, but I love the fact that right now, I could sell just a portion of my collection and buy a new Corvette. I would've never imagined that.

[kav]

Prices have climb and ease up a bit.

[BanjerD]

On 9/13/2021 at 9:26 AM, PKJ said:

I have not seen FF 48 and 49 still selling at crazy prices lately, I agree they both shot up with the rest, but I don't put them in the same categories as the other spec books.

 

 

$7200 for a FF49, crazy or outlier?

[PKJ]

On 9/13/2021 at 9:52 PM, BanjerD said:

$7200 for a FF49, crazy or outlier?

Ha I give up, I was watching some copies of 48 the last few months thinking I might could upgrade since they seemed to drop, that must have been a very short window.

[RickSp]

With the FF coming to the MCU I think it keeps FF48 and 49 in the speculation frenzy mix for a while yet. It makes more sense to me that all the price drops are going to come from those books with a random villain appearance or small character that turned up for an MCU show and then it passes.

I love the fact we have all these films to enjoy but it does panic me when I hear of a new trailer or announcement such as '6 more films slated to come out in 2023' or whatever. The collector in me realises that my want list is going to very quickly fall into the spec pile and disappear out of reach...