Are prices still climbing or have they eased up a bit??? 41 41

[wiparker824]

On 6/5/2024 at 12:10 PM, The humble Watcher lurking said:

Interestingly, all three are dropping in price before the movies, usually, it`s after the movies. Looking to be a great time to be a collector these next few years for bronze, copper and modern superhero  comic books.

True. It’s certainly more pleasant to be a buyer in 2024 than it was in 2021. 

[1Cool]

On 6/5/2024 at 3:59 PM, bc said:

I was gonna like that post but think it deserves more of an old fashioned 

+1

-bc

Wow - a +1 reference.  You are an old timer  

[Hepcat]

On 6/4/2024 at 8:42 AM, october said:

Not every collector has been doing this for 50 years and not everyone who entered the hobby in the last 5 is a dirty flipper. I may not personally care that half a decade of gains are gone, but I can look past the end of my own nose and have sympathy for people who got caught in the crossfire.

Do you really also have sympathy for people who bet on the craps table in the casino and lose? Or those who buy penny stocks and take a real bad haircut? Sometimes you win (but hardly ever at those games); sometimes you lose. C'est la vie. When investors/speculators treat comics as a trading vehicle, how is that any different?

And I understand that not everyone who just started collecting is some sort of dirty flipper. But do newbies to actual collecting start out by buying a slabbed copy of Hulk 181 whose "value" they then track on a weekly basis? That's not the behaviour of the typical collector.

And the old time collectors who finally completed their runs in 2021 by scoring a copy of the elusive Patsy and Hedy 2 or Homer the Happy Ghost 4 aren't the ones kvetching about prices dropping. They're just happy to have completed their quest (and probably moving on to the next one).

Edited June 6 by Hepcat

[Hepcat]

On 6/3/2024 at 11:34 AM, ADAMANTIUM said:

I'd be happy for a floor of stability and beyond that I don't think that "anyone saying that everything needs to go up a thousand dollars a month to flip" instead that the freefall would stop 

On 6/4/2024 at 8:42 AM, october said:

Wild fluctuations in prices isn't good for the long term health of the hobby....if you care about that sort of thing.

Somehow I don't remember posters begging for "stability" or an end to wild "fluctuations" when prices were soaring. Funny that. (Sort of like the SEC. They never investigate when prices for a security are soaring; only when they've fallen through the floor.)

Edited June 6 by Hepcat

[ADAMANTIUM]

On 6/5/2024 at 10:40 PM, Hepcat said:

Somehow I don't remember posters begging for "stability" or an end to wild "fluctuations" when prices were soaring. Funny that. (Sort of like the SEC. They never investigate when prices for a security are soaring; only when they've fallen through the floor.)

Then you have a short memory is all I can say

 

[jimjum12]

On 6/5/2024 at 11:18 PM, Hepcat said:

And the old time collectors who finally completed their runs in 2021 by scoring a copy of the elusive Patsy and Hedy 2 or Homer the Happy Ghost 4 aren't the ones kvetching about prices dropping. They're just happy to have completed their quest (and probably moving on to the next one).

Books that are actually scarce are finally turning up. I was able to complete my Rudolph run. A lot of old timers are cashing out and if you have a want that the investing crowd doesn't chase, you can catch deals. GOD BLESS ... 

-jimbo(a friend of jesus)

[ADAMANTIUM]

On 6/6/2024 at 7:07 AM, jimjum12 said:

Books that are actually scarce are finally turning up. I was able to complete my Rudolph run. A lot of old timers are cashing out and if you have a want that the investing crowd doesn't chase, you can catch deals. GOD BLESS ... 

-jimbo(a friend of jesus)

But where are those who bought an ih181 and are weekly checking it in this thread? No one here is doing that? A bit like "the little people 'are they here?" From that Robin Williams movie. 

Many people complained about prices soaring to which the dealers always posted tough noogies, and now we have a person having an imaginary conversation to people who are long gone, telling us how to collect, complaining himself, and how to post? 

Short memory indeed. This is one thread about how prices are still bottoming out. There were many threads here shared full of people saying they could no longer afford them, and asking "do you think they'll come back down after this hype?" C'mon

Edited June 6 by ADAMANTIUM

[ADAMANTIUM]

Nevermind. Lol 

It's just the posts are so far from where the peoples here heads are at, that I shouldn't have to prove obvious totalogy to show millions of attitudes and posts by people buying since this and other threads have started.

The sheer thought that I could answer for so many is inconceivable 

But

@Hepcat has no problem doing just that and emphatically, which of course is the same absurdness 

Edited June 6 by ADAMANTIUM

[Funnybooks]

prices go up

prices go down

...shocking

collectors complaining

...shocking

 

[ADAMANTIUM]

On 6/6/2024 at 7:23 AM, Funnybooks said:

prices go up

prices go down

...shocking

collectors complaining

...shocking

 

what's sad? I had so much more to ask, that I even got disgusted by myself and went for coffee  

Like I bailed before the 90's dispersion so idk the rhetoric back then among collectors, but this feels like that to me. This is also is a mass (presumably) exodus from the hobby, sure it isn't under the best circumstances. It feels the same "to me" if it were due to foil covers and the like, but it is still affecting the hobby.

For someone to seemingly look me dead in the eye and say to the effect of, "It doesn't matter, it never mattered!" and slap me like I'm dreaming  

It feels a little bit like the one that says, "they went out from us, but were never 'of us' or they would have remained with us!"  So I initially had my doubts as that is just a bold statement. A bit precarious but I can let it go, just sad "if true"  

Edited June 6 by ADAMANTIUM

[Funnybooks]

On 6/6/2024 at 8:35 AM, ADAMANTIUM said:

what's sad? I had so much more to ask, that I even got disgusted by myself and went for coffee  

Like I bailed before the 90's dispersion so idk the rhetoric back then among collectors, but this feels like that to me. This is also is a mass (presumably) exodus from the hobby, sure it isn't under the best circumstances. It feels the same "to me" if it were due to foil covers and the like, but it is still affecting the hobby.

For someone to seemingly look me dead in the eye and say to the effect of, "It doesn't matter, it never mattered!" and slap me like I'm dreaming  

It feels a little bit like the one that says, "they went out from us, but were never 'of us' or they would have remained with us!"  So I initially had my doubts as that is just a bold statement. A but precarious but I can let it go, just sad "if true"  

some clown used to sell coffee for less than a dollar...tried to undermine my business..still pissed off

[ADAMANTIUM]

On 6/6/2024 at 7:39 AM, Funnybooks said:

some clown used to sell coffee for less than a dollar...tried to undermine my business..still pissed off

yeppers

[Tec-Tac-Toe]

[1Cool]

On 6/5/2024 at 11:18 PM, Hepcat said:

Do you really also have sympathy for people who bet on the craps table in the casino and lose? Or those who buy penny stocks and take a real bad haircut? Sometimes you win (but hardly ever at those games); sometimes you lose. C'est la vie. When investors/speculators treat comics as a trading vehicle, how is that any different?

And I understand that not everyone who just started collecting is some sort of dirty flipper. But do newbies to actual collecting start out by buying a slabbed copy of Hulk 181 whose "value" they then track on a weekly basis? That's not the behaviour of the typical collector.

And the old time collectors who finally completed their runs in 2021 by scoring a copy of the elusive Patsy and Hedy 2 or Homer the Happy Ghost 4 aren't the ones kvetching about prices dropping. They're just happy to have completed their quest (and probably moving on to the next one).

The difference is you seem to have a zeal when it comes to the market correcting and prices dropping by 50% - 75% compared to the spike and a bunch of books dropping even below pre COVID prices.  I don't know if you have had the time to read the various threads that popped up during the COVID spike but almost all the sellers were commenting about prices being too high and too sudden when "collectors" complained about the prices.  I don't remember anyone even saying "too bad it is what it is" and instead sellers were saying it does suck for people trying to complete sets and maybe now isn't the best time to buy certain books (but tons of other ones were still deals).  Or buyers on the boards were suggested to sell under copies to fund buying books if they really needed them.  Were sellers happy about the profits - sure!  Was there a sense of glee when books spiked - definitely!  But when a "collector" complained there was never a "it is what it is and stop whining" or an "in your face" attitude which you seem to be projecting when the shoe is on the other foot.

Edited June 6 by 1Cool

[1Cool]

On 6/6/2024 at 8:07 AM, jimjum12 said:

Books that are actually scarce are finally turning up. I was able to complete my Rudolph run. A lot of old timers are cashing out and if you have a want that the investing crowd doesn't chase, you can catch deals. GOD BLESS ... 

-jimbo(a friend of jesus)

Big money is now flowing into the older harder to find side of the market which is understandably causing a lot of the older "collectors" to sell some prized books at a fantastic profit since the prices are just too tempting.  Dirty, dirty old fogey flippers!  You guys ever think about the newbies who can't find that hard to find Baker cover books at a fair price?  No, you just think of yourselves - shame! 

The market will probably correct back the other way at some point (probably sooner than later) so sell while you can and if the huge spike and subsequent nose-dive causes people to shy away from the Golden Age books and the market crashes I'll be here for a shoulder to cry on if you are sad about not being able to afford the better assisted living facility. 

 

Edited June 6 by 1Cool

[Funnybooks]

I'll play devils advocate for the sake of pouring gasoline onto the fire 

"You guys ever think about the newbies who can't find that hard to find Baker cover books at a fair price?  No, you just think of yourselves - shame! "

Is it any collectors responsibility to sell a hard to find book at a fair price? I'm not disagreeing with your statement...just not sure how "fair is defined?

 

 

 

[1Cool]

On 6/6/2024 at 9:18 AM, Funnybooks said:

I'll play devils advocate for the sake of pouring gasoline onto the fire 

"You guys ever think about the newbies who can't find that hard to find Baker cover books at a fair price?  No, you just think of yourselves - shame! "

Is it any collectors responsibility to sell a hard to find book at a fair price? I'm not disagreeing with your statement...just not sure how "fair is defined?

 

 

 

Pretty simple answer for that one.  The fair price is what the market will bear.  If Golden Age books are hot and prices are doubling compared to 2 years ago then the "fair" price is what people are willing to pay.  This isn't milk and bread.  These are old funny books originally intended for kids and young adults.  People do tend to demonize others for making the same decisions if the shoe is on the other foot. 

Hopefully our new old timer comic book overlords will be kind to us when they divvy out those old crusty books to the market masses  

[rumrunner71]

There was a good article on CNN this week about the end of the "YOLO" economy. Consumers just aren't spending on discretionary big ticket items anymore. Maybe there will be a bounce back for collectibles down the road

[ADAMANTIUM]

On 6/6/2024 at 8:29 AM, rumrunner71 said:

There was a good article on CNN this week about the end of the "YOLO" economy. Consumers just aren't spending on discretionary big ticket items anymore. Maybe there will be a bounce back for collectibles down the road

Amen. And let's face it there are a lot of sought after memorabilia out there, if just comics 1% of a gazillion is still a lot 

 

[Tec-Tac-Toe]

I love FMJ ,and the GIFs fit the current trend of this thread.