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

[alexgross.com]

On 9/24/2022 at 5:19 PM, lou_fine said:

Was this winning bidder aware that there was a book with a prior Spidey first appearance called Amazing Fantasy 15?  

this person needed asm1 in 9.0 to complete the entire Ditko asm run in 9.0, not including AF15, but all the other 38 books. a very impressive collection. 

[alexgross.com]

On 9/24/2022 at 8:22 PM, MAR1979 said:

I again postulate that a whole bunch high pop stuff may very well fall below pre-pandemic levels.   I think that type of correction+ is already underway with books like ASM361, MCP72, X-Men 1,4. McFarlane being super hot right now has postponed what will be one of the largest % falls from grace; Spawn 1. No book on the planet has more 9.8 copies and every census update seems to go up by a hundred or so...

 

 

you're comparing SPAWN 1 with 1963's X-Men #1? really?? 

[alexgross.com]

On 9/24/2022 at 8:07 PM, lou_fine said:

 

It actually might not be this straightforward as I heard from many that it's really dependent upon how good you are at negotiating, and of course this is also highly dependent on the quality and potential value of your consignment.  

Like a used car salesperson, the key here would be your actual take home percentage as it's really a combination of both your BP and SP commission fees as these are both apparently negotiable.  Likewise in a new or used car purchase negotiation, it's really the bottom line as they can give you more trade-in value for your old car, but then give you less of a discount on your new car.    

you are mixing up your premiums here- heritage auctions charges a SELLER'S PREMIUM that is negotiable if you are considering listing high value books. the BUYER'S PREMIUM to which i am referring, is paid by all buyers, to heritage. it is 20% on all books and it is NON-NEGOTIABLE. sellers receive what the book sold for minus the 20 per cent BP and whatever SP they negotiated in advance. 

[MAR1979]

 

On 9/24/2022 at 11:22 PM, MAR1979 said:

Regardless of Modern/Copper/Bronze High Supply books will be affected first and foremost -  glut era will by far be hit hardest.   Of course there will be outliers folks there always are, however they are not an indication of true market health.

If you sell comics, I don't, specifically high population stuff you may look back 3-12 months from now and think selling in Sept 2022 as prices were in early stages of free-fall may not have been a bad idea. 

I again postulate that a whole bunch high pop stuff may very well fall below pre-pandemic levels.   I think that type of correction+ is already underway with books like ASM361, MCP72, X-Men 1,4. McFarlane being super hot right now has postponed what will be one of the largest % falls from grace; Spawn 1. No book on the planet has more 9.8 copies and every census update seems to go up by a hundred or so...

 

"The Wind's Of Thor Are Blowing Cold"  - Jones/Page/Plant

 

On 9/25/2022 at 9:38 AM, alexgross.com said:

you're comparing SPAWN 1 with 1963's X-Men #1? really?? 

really??   My post had nothing to with Silver Age! This thread is not limited to Silver Age nor Silver Age Key of Key stuff. 

If you re-read my post: it stated Modern/Copper/Bronze High Supply books 

Edited September 25, 2022 by MAR1979

[lou_fine]

On 9/25/2022 at 6:46 AM, alexgross.com said:

you are mixing up your premiums here- heritage auctions charges a SELLER'S PREMIUM that is negotiable if you are considering listing high value books. the BUYER'S PREMIUM to which i am referring, is paid by all buyers, to heritage. it is 20% on all books and it is NON-NEGOTIABLE. sellers receive what the book sold for minus the 20 per cent BP and whatever SP they negotiated in advance. 

Yes, of course the 20% BP is indeed non-negotiable when it comes to the buyer and is required to be paid to Heritage.  

What I am referring to is what I have heard from quite a few boardies through PM's.  Namely, that the BP is also negotiable when it comes to the consignor as they can also forgo the Seller's Premium completely and yet also get back a small portion of the Buyer's Premium that was paid to Heritage.  

As for CC's 15% Buyer's Premium, it's nice to see that some of the long time consignors (e.g. Marvel Mystery million dollar+ run consignor) prefer not to take this 15% option even though in theory, it means they are leaving some money on the table for CC to scoop up.   

[DC#]

Here are some select Sept Comic Link Session 1 results.    

 

[Erndog]

Not sure any book has taken it more on the chin in all grades than WWBN32, yikes

[MAR1979]

On 9/25/2022 at 11:53 AM, Erndog said:

Not sure any book has taken it more on the chin in all grades than WWBN32, yikes

Many Moon Knight appearances seemed to get levels they never should have. Then the show landed and Moon Knight barely appeared it was mostly Grant/Spector/etc.... Some episodes the hippo got more screen time than MK.  If there is a Season 2, no reason to expect much different and smart folks won't let themselves be stung again which means smaller pool of buyers.

Still plenty of room for WBN32 to drop, however it does have rather low 9.4 and higher population so I do expect it to bounce back but it could be decade before it approaches it's previous highs, longer for the higher pop mid grades.

Edited September 26, 2022 by MAR1979

[darkstar]

On 9/25/2022 at 8:38 AM, alexgross.com said:

you're comparing SPAWN 1 with 1963's X-Men #1? really?? 

Jim Lee's X-Men 1 and 4

[lizards2]

On 9/24/2022 at 12:26 PM, DC# said:

Part of my addiction is I just love the smell of those 70s and 80s books…..just a huge sensory memory.   Yes - you might catch me with a literal nose in the book from time to time 

I love the "scchhhliccct" sound when you open the covers on those books that have never been opened.  

[lizards2]

On 9/24/2022 at 9:32 AM, ThothAmon said:

If you buy books monthly for let’s say 45 years or so you overpaid for many but underpaid for many more. Dollar cost averaging has worked with the added benefit of owing less taxes on your “lemons”. 

I recall fondly around 1988-1989 that so many of the NM Silver Age books had a price tag of $2-$10. Later issues of Strange Tales, Tales to Astonish, Tales of Suspense, etc. Pretty sure I bought a NM TOS 59 for $2.50. ASM issue #s 50-70 or so for $10 each. I know I bought a Captain America 100 NM for $10, and then sold it a year later for $110. Wish I still had that puppy, but it was a duplicate undercopy, so I sold it.

This is also when I got into DC - Action, Adventure, Detective, etc. The books were so nice and so cheap.

 

[PKJ]

On 9/25/2022 at 11:44 AM, DC# said:

Here are some select Sept Comic Link Session 1 results.    

 

Made the list with a -26.8% buy! Next buying will be 25% below me.

I was actually curious what the Action 252's looked like in your matrix.

 

Thanks as always for keeping up with this.

[MisterX]

Marvel Spotlight 2 seems ready for a fall. 

[Dick Pontoon]

Not until after the Disney Special WWBN Halloween Show.

[PKJ]

On 9/24/2022 at 3:26 PM, DC# said:

Part of my addiction is I just love the smell of those 70s and 80s books…..just a huge sensory memory.   Yes - you might catch me with a literal nose in the book from time to time 

I tell my wife the story of my first LCS and how specific the smell was, it had a ton of old paperbacks as well so you picked it up when you stepped up to the sidewalk. It is a timewarp for sure.

 

As for the current market, I am picking up DC books that didn't really jump all that much in the past couple years and now a few are cheaper than before (Showcase 4 was not the case for me).  I pulled up just a little short on a Showcase 22 thinking a couple more months may be a better buying time for it.

 I tried to avoid any of the hype books last year but did buy a few keys I needed like Hulk 1 that I was happy with the price at the time. I also spent time last year filling in DC books I have been wanting since everyone was focused on which spec book would hit. I sold WWBN32 and MS5 when they started to skyrocket to help fund a few books and never looked back, in hindsight there are a couple more books like those in my collection I should have sold when they peaked but that window closed looking at current sales. 

 I will keep buying the books I want to collect with not as much of a focus on gathering inventory. There was a time I was buying IH181 and ASM129 with intent to flip later, those all got out of hand and just did not seem like good buys for multiples to sell later. I have a few runs that can take a priority while this settles down. 

 I was looking to grab an undercopy of AF15 since it has dipped a little but most of what is coming to market has more chipping than I would prefer. I think the big SA books will settle down long before the hype books do (AF15, FF1, JIM83 and IH1).

 

[Coverless 9.8]

I'd like to know what predictions the board has for the ongoing correction!  I know the 90's crash hurt back issue prices, but it seemed to really hit sales of new issues, which was the biggest bubble at the time!  Do you think the present day correction will hit new issue sales, which don't have the margin for adjustment the way they did in the 90's?!  The moment of Endgame leading in to the pandemic lockdowns and free money is something we're not likely to see ever again!  I do think many people are underestimating the pain that must come to quell inflation!  I'm not predicting high grade, genuine keys going for 2010 prices, but I am excited to see what does happen!  The zero, and near zero, interest rates that have held sway since 2009 are over!  I'm not asking anyone to talk their (comic) book and say what they'd like to happen!  I'd like to know what they genuinely think will happen!  I know separating truth from self-interest is no easy task!  

[GreatCaesarsGhost]

On 9/25/2022 at 8:35 PM, Coverless 9.8 said:

I'd like to know what predictions the board has for the ongoing correction!  I know the 90's crash hurt back issue prices, but it seemed to really hit sales of new issues, which was the biggest bubble at the time!  Do you think the present day correction will hit new issue sales, which don't have the margin for adjustment the way they did in the 90's?!  The moment of Endgame leading in to the pandemic lockdowns and free money is something we're not likely to see ever again!  I do think many people are underestimating the pain that must come to quell inflation!  I'm not predicting high grade, genuine keys going for 2010 prices, but I am excited to see what does happen!  The zero, and near zero, interest rates that have held sway since 2009 are over!  I'm not asking anyone to talk their (comic) book and say what they'd like to happen!  I'd like to know what they genuinely think will happen!  I know separating truth from self-interest is no easy task!  

I’ve seen little evidence of a downturn for Golden Age. Silver Age on up to moderns, yes. Should GA go south, I’ll just wait out the storm rather than sell and instead look for buying opportunities. It’ll all turn out fine in the end

Edited September 26, 2022 by GreatCaesarsGhost

[lizards2]

On 9/25/2022 at 2:52 PM, MisterX said:

Marvel Spotlight 2 seems ready for a fall. 

Edited September 26, 2022 by lizards2
 cause I want a better copy.

[Nick Furious]

On 9/25/2022 at 6:35 PM, Coverless 9.8 said:

I'd like to know what predictions the board has for the ongoing correction!  I know the 90's crash hurt back issue prices, but it seemed to really hit sales of new issues, which was the biggest bubble at the time!  Do you think the present day correction will hit new issue sales, which don't have the margin for adjustment the way they did in the 90's?!  The moment of Endgame leading in to the pandemic lockdowns and free money is something we're not likely to see ever again!  I do think many people are underestimating the pain that must come to quell inflation!  I'm not predicting high grade, genuine keys going for 2010 prices, but I am excited to see what does happen!  The zero, and near zero, interest rates that have held sway since 2009 are over!  I'm not asking anyone to talk their (comic) book and say what they'd like to happen!  I'd like to know what they genuinely think will happen!  I know separating truth from self-interest is no easy task!  

Significance of the book has always been important to collectability and always will be.  But I think we went through a period of time where emphasis shifted towards the grade on the label and MCU mentions...and away from the actual availability (or lack of availability) of the book itself.  Someone once told me to collect the books that you don't find very often, don't get overly invested in the books that are available everywhere.  You will always be able to find those books.  I think we will see a return to that...where a 9.8 on a book that is easy to find will not be as desirable as owning a book that is harder to find.  Kind of a return to collecting fundamentals.  I expect there will be a time lag, but soon it will hurt sales of new books.  The idea of guaranteed profit from buying 5 copies of a variant cover and getting a 9.8 grade on 1 or 2 of them will become...less guaranteed.  So, I think the safe space is older books whose collectability was never dependent on secondary factors such as a 9.8 label or a mention in an MCU show/movie.     

[lou_fine]

On 9/25/2022 at 8:44 AM, DC# said:

Here are some select Sept Comic Link Session 1 results.    

 

Greatly appreciate your time and effort in compiling this chart on an ongoing basis for us who are too lazy to do this kind of analysis ourselves.  

The only question I have is that from the time frame of last sale to 12 months ago, it appears to be pretty short term and really geared more for speculators or flippers.  Do you have something similar geared more for collectors that would also show the ROI for longer time periods like 3 years, 5 years, and 10 years because that would certainly be interesting to see, especially considering the fact that it takes longer than a full year to get some of your books back from the CCS/CGC long term storage warehouse once they go in there ?      

Edited September 26, 2022 by lou_fine