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

[silverseeker]

On 6/8/2023 at 12:12 AM, mjoeyoung said:

Last sale was $720 in 2021.  Last 8.5 sold for $274 in Dec 2022.  Last 9.2 sold for $663 in Dec 2022.

I don't see anything that would warrant such a price.  

A 9.4 did sell for $1800 in Jan 2022.  I guess if that is your only price reference you might pay $1350 for this book.

There are also not many sales of this book overall in the GPA, so maybe there was some FOMO?

Makes sense...it's also an older label so maybe someone thought it could get a grade bump with a press? 

[universal soldier]

On 6/7/2023 at 1:04 PM, DC# said:

Final sessions for the May/June Comiclink Featured 

Holy sea of red! 

[CGC Mike]

Just a reminder.  Posting images of competitors books is prohibited as per the terms use. 

[mjoeyoung]

Oops! Sorry about that @CGC Mike

What is going on with the bottom left of this book? Underneath the KA-ZAR the Great.

[mjoeyoung]

On 6/8/2023 at 2:12 AM, GreatCaesarsGhost said:

Joeyoung, that’s a lot of books you’ve sold!

My wife WISHES! 

That number represents books on my Watch List that have Sold.  Books I've sold would be under the Dashboard.  That number is 0.  Like roaches, the books check in, but they don't check out.

When you need a manual to understand and use a website, your UI probably needs some work.

[DeadpoolJr.]

Won a 4.5 graded pre-code horror book in tonight's comic connect auction by pure luck where it caught my eye when it was about too end and happen to win with my throw away bid. Looking at what I got it for and comparing it to sold listings I saw that I was able to get it for cheaper than it sold for the past few years in the same or similar grade. One that sold on cc in 2020 in the same grade and two on Heritage, an ungraded copy that sold in 2019 and one that sold for almost double mine graded at 4.0 which sold in 2022.

What I noticed though was how cheap this book was in high grade in only 2016-17 when looking at CC sold listings. A 8.5 copy in 2017 sold for less than the 2022 sale of a 4.0 and a 9.6 high grade pedigree copy sold for only a little more than that in the same year. I can only image what those same copies would sell for now. So while it seems that prices did soften in comparison to the 20-22' sales it seems that prices overall are still healthy from before lockdown collecting hikes. At least for some collecting categories like pre-code horror. 

[Microchip]

On 6/8/2023 at 3:04 AM, DC# said:

Final sessions for the May/June Comiclink Featured 

 

The biggest bargain at the last Clink Auction..

 

And the only other copy I've seen in 20+ years with the full M visible in Marvel.   The only the copy with proper wrap is the Curator copy.

 

 

[alexgross.com]

On 6/9/2023 at 4:06 AM, Microchip said:

The biggest bargain at the last Clink Auction..

 

And the only other copy I've seen in 20+ years with the full M visible in Marvel.   The only the copy with proper wrap is the Curator copy.

 

 

several boardies here last year were predicting prices would return to 2020 pricing once the pandemic bubble burst. i was skeptical that they would fall that much, but this book is at least one example of that being accurate. this is right where pricing was in 2020 for this grade according to gpa. basically double what it was worth in 2018, but far, far from the highs achieved in the crazy times of 2021 and early 2022. 

Edited June 9, 2023 by alexgross.com
typo

[lou_fine]

On 6/9/2023 at 7:02 AM, alexgross.com said:

this is right were pricing was in 2020 for this grade according to gpa. basically double what it was worth in 2018, but far, far from the highs achieved in the crazy times of 2021 and early 2022. 

Yes, was trying to finished off reading all of the market reports reports in the current Overstreet guide before the new editoin comes out next month.  It's like night and day when you see what's happening in the post-GA marketplace today as compared to what was being reported for 2021 and early 2022.  

Although a few advisors made it sound like AF 15 was such a rock solid investment that you would never ever see it go down in value, most of the advisors did acknowledged that the wild and crazy party of 2021/22 could not be sustain longer term and was bound to end eventually.    

[Buzzetta]

Last year CC had an AF15 CROW 6.5 sell for $180k. 

https://www.comicconnect.com/item/955806

This week on CC a 6.0 White page copy with some marvel chipping sold for $78k

Those were the highs and lows.  I will wait a few more years before I sell my copy. 

I had tested a few items through Comiclink and it is still a buyer's market as far as I am concerned. 

[marvelmaniac]

Just finished getting FMV for my top books (100-150 books) as I do every 6 month's. (eBay sold auctions for books in the same grade)

In June of 2022 my top 50 were valued at $42,000.00, in December of 2022 the top 50 were valued at $36,000.00 and as of June 2023, $31,000.00, according to this, prices are still falling.

[lou_fine]

On 6/10/2023 at 6:51 AM, marvelmaniac said:

In June of 2022 my top 50 were valued at $42,000.00, in December of 2022 the top 50 were valued at $36,000.00 and as of June 2023, $31,000.00, according to this, prices are still falling.

Any breakdown to the descent by ages in terms of GA, SA, BA, CA, etc. so that we have a better idea where the biggest drops are taking place?  

[Sweet Lou 14]

On 6/10/2023 at 3:23 PM, lou_fine said:

Any breakdown to the descent by ages in terms of GA, SA, BA, CA, etc. so that we have a better idea where the biggest drops are taking place?  

Such a breakdown would be too simplistic IMHO.

I don't think it's about "ages" -- it's about supply in grade.  By definition, most if not all GA books are going to be scarce in any reasonable grade.  By the Silver Age, there will usually be a grade at which census numbers drop off -- depending on the book, that could be as low as 8.0 and as high as 9.4.  By the Bronze Age, the line is usually at 9.6 or even 9.8.  For modern books, even 9.8s might simply be too plentiful to support pandemic prices.

[1Cool]

On 6/10/2023 at 3:34 PM, Sweet Lou 14 said:

Such a breakdown would be too simplistic IMHO.

I don't think it's about "ages" -- it's about supply in grade.  By definition, most if not all GA books are going to be scarce in any reasonable grade.  By the Silver Age, there will usually be a grade at which census numbers drop off -- depending on the book, that could be as low as 8.0 and as high as 9.4.  By the Bronze Age, the line is usually at 9.6 or even 9.8.  For modern books, even 9.8s might simply be too plentiful to support pandemic prices.

How far back does your data go?  What price would your books be at the end of 2019?  I think when most books revert back to 2019 prices (a lot of non keys already have) will be telling.

[Sweet Lou 14]

On 6/10/2023 at 8:08 PM, 1Cool said:

How far back does your data go?  What price would your books be at the end of 2019?  I think when most books revert back to 2019 prices (a lot of non keys already have) will be telling.

I'm basing my observations on the fact that I'm actively buying in this environment -- mostly 9.6 SA/BA upgrades, plus a handful of 9.4 early SA upgrades that I'm still chasing.  While I've seen some letting up on prices for the books I buy, I don't see anything like the free fall being described over and over in this thread.

[DeadpoolJr.]

Prices are falling but somehow ROM Spaceknight #1 has become almost a $300 book in 9.8.

[Telegan]

On 6/11/2023 at 12:29 AM, DeadpoolJr. said:

Prices are falling but somehow ROM Spaceknight #1 has become almost a $300 book in 9.8.

ROM #1 9.8 at around $200-$300 is pretty much the range it's been even in the couple of years before the COVID Craze, I think.  It was a $500+ comic during the COVID Craze, then tanked back down to normal this year.  Now, people started buying again (somewhat) because the prices were lower than what it had been selling for pre-COVID.  I don't think paying $300 for a 9.8 is historically too out of line adjusting for inflation and "dead cat bouncing" (to borrow a stock trading term).  If I start seeing a bunch of $400+ sales, I know lunacy is setting in - either that, or hey here comes a R.O.M. movie!

I wouldn't mind getting my hands on a 9.8 copy, too, tbh - just for nostalgia.  Always thought he was pretty cool when I was a kid. lol.  I have a 9.8 where the front cover is basically half-ripped-off from back when I was a kid that I will eventually replace.

[1Cool]

On 6/11/2023 at 1:29 AM, DeadpoolJr. said:

Prices are falling but somehow ROM Spaceknight #1 has become almost a $300 book in 9.8.

I bought a copy for $200 in 2019 and got lucky and sold it for $450 during the crazy years.  I’d think $250 - $300 is pretty much where it should be.

[1Cool]

On 6/10/2023 at 8:18 PM, Sweet Lou 14 said:

I'm basing my observations on the fact that I'm actively buying in this environment -- mostly 9.6 SA/BA upgrades, plus a handful of 9.4 early SA upgrades that I'm still chasing.  While I've seen some letting up on prices for the books I buy, I don't see anything like the free fall being described over and over in this thread.

We can only speak our own truths.  I’m glad your collecting niche is not seeing a huge drop but if you look at the charts being shown there is really no doubt which way the market is currently going.  Time will tell if it’s a correction or a full scale retreat.

[october]

On 6/10/2023 at 7:18 PM, Sweet Lou 14 said:

I'm basing my observations on the fact that I'm actively buying in this environment -- mostly 9.6 SA/BA upgrades, plus a handful of 9.4 early SA upgrades that I'm still chasing.  While I've seen some letting up on prices for the books I buy, I don't see anything like the free fall being described over and over in this thread.

The downward trajectory is pretty clear here, at least on many Silver and Bronze Marvels, modern keys, movie spec books, etc. Even a cursory look at GPA or DC#'s charts bears this out.

Not every market segment is equal though, a lot of Gold has held up well or continues to increase, DC's haven't seen the same falls as Marvel (they never went as high in the first place), but the post-Covid trend has been pretty poor for the stuff new money was chasing in 2021. The nostalgia bubble fueled by PPP loans, lockdowns, social media hype and boredom has popped across all hobbies and this is the hangover. Same in videogames, same (actually much worse) in sports cards.