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

[october]

Horrid results. 

[musicmeta]

These results don't surprise me though. 

[jjonahjameson11]

Meh, results from a very limited pool of books.

[GermanFan]

Goes in the right direction for me. Havent bought for month. If prices would stay this high, which I dont believe they will, I am out.

[lou_fine]

On 4/30/2022 at 5:12 AM, GreatCaesarsGhost said:

That seems like a lot of red . . .

 

On 4/30/2022 at 6:07 AM, october said:

Horrid results. 

Like a walk in the park on a sunny day with a lot of beautiful red roses in comparison to the 80% decimation which some of equity growth stocks in the stock market have taken over the past few months.      

Edited April 30, 2022 by lou_fine

[GreatCaesarsGhost]

On 4/30/2022 at 11:48 AM, lou_fine said:

 

Like a walk in the park on a sunny day with a lot of beautiful red roses in comparison to the 80% decimation which some of equity growth stocks in the stock market have taken over the past few months.      

The big auction houses will tell you when the stock market crashes, investors flee into collectibles.  Don't know how true that is, but it appears true for at least the grail books.

[Aman619]

On 4/6/2022 at 11:04 AM, Robot Man said:

I can never figure out why people pay crazy money for comics just because the character appears in a movie.  Not like they suddenly became rare or something.

Perfect example, Groot. A stupid talking tree that made a one time forgotten appearance in an obscure “monster” title. Or, Rocket Racoon. Come on really?

Can’t really complain though. I have made stupid money off of stupid people for years because of it…

this may have been answered weeks ago, but we are still in the old mindset Im sure you know all too well that all comics and pulp characters have varying levels of popularity and hence value based on that popularity.  And the multiplier was always a movie, TV show or ANY cross media efforts at all. (toys games etc)  So even with 5500 Marvel characters, only what, 250 have appeared outside comics, in TV and movies?  Its still a separating point between the others.  At some point, it wont mean s much cause it will happen to so many other characters that are seen once and never again.  Which is already sort of happening when prices skyrocket then decline post movie opening.

[Aman619]

On 4/30/2022 at 8:12 AM, GreatCaesarsGhost said:

That seems like a lot of red . . .

the exact same words were forming in my head as I read your comment!

 

[Dark Knight]

Practically everything is in the red right now from stocks, to crypto, to collectibles.. What's next real estate?

[PKJ]

On 4/30/2022 at 1:38 PM, GreatCaesarsGhost said:

The big auction houses will tell you when the stock market crashes, investors flee into collectibles.  Don't know how true that is, but it appears true for at least the grail books.

I try to buy both while down, impossible to time any market though.

Edited April 30, 2022 by PKJ

[lou_fine]

On 4/30/2022 at 3:42 PM, Dark Knight said:

Practically everything is in the red right now from stocks, to crypto, to collectibles.. What's next real estate?

I would most certainly hope so in order to drive out all of the industry insiders and the follow the sheep local speculators who buy multiple pre-builds with absolutely zero intention to live in or rent them out, but simply as investment chips to artifically inflate the real estate market for a fast profit, while our younger generation is left out in the cold.    

[alexgross.com]

On 4/30/2022 at 3:44 PM, PKJ said:

I try to buy both while down, impossible to time any market though.

is now a buyers market? is a book being down 15-30% from last year's record high really very down? after all, many of these books increased in value from 2020 to 2021 by 100 or 200 per cent, some books more. i guess it tends to be the keys and semi-keys that increased the most in 2021 and most of them are doing just fine, or still increasing. the overall state of the world and the stock market are surely creating fear and uncertainty that probably won't help overall comics values, though keys are somewhat immune of late. but for non keys, will we see further drops? after all a book that doubled in value in 2021 and then lost 50 percent of that back this year still feels pretty up to me. though i wouldn't wanna sell it.

[PKJ]

On 4/30/2022 at 7:08 PM, alexgross.com said:

is now a buyers market? is a book being down 15-30% from last year's record high really very down? after all, many of these books increased in value from 2020 to 2021 by 100 or 200 per cent, some books more. i guess it tends to be the keys and semi-keys that increased the most in 2021 and most of them are doing just fine, or still increasing. the overall state of the world and the stock market are surely creating fear and uncertainty that probably won't help overall comics values, though keys are somewhat immune of late. but for non keys, will we see further drops? after all a book that doubled in value in 2021 and then lost 50 percent of that back this year still feels pretty up to me. though i wouldn't wanna sell it.

Personally for me, yes some are in ranges I am comfortable with, but granted I am not chasing the big keys at the moment(aside from Showcase 4). I needed to upgrade my Conan 1 and figured a 37% price cut was good enough for me. If certain books keep dropping and I like them I average down and buy another copy or two. When I go to sell to shift funds in another book, those copies have always had good returns over the years. 

To avoid boring you all, I deleted my full paragraph on the stock market and comics.

 

 

Edited May 1, 2022 by PKJ

[lou_fine]

On 4/30/2022 at 4:08 PM, alexgross.com said:

after all a book that doubled in value in 2021 and then lost 50 percent of that back this year still feels pretty up to me.

From a pure arithmetical POV, this would be dead wrong as you have just made a round trip back to where you started from.  

For example, if a book doubled in value from $100 in 2020 up to $200 in 2021, and then dropped by 50% in 2022, you are now back down to your original $100.  

Edited April 30, 2022 by lou_fine

[Poekaymon]

On 4/30/2022 at 7:51 PM, lou_fine said:

From a pure arithmetical POV, this would be dead wrong as you have just made a round trip back to where you started from.  

For example, if a book doubled in value from $100 in 2020 up to $200 in 2021, and then dropped by 50% in 2022, you are now back down to your original $100.  

I think it was clear he meant 50% of the gains, not that it doubled and then halved.  So in your example it's $150 now--still up overall.  And "still up overall" describes the vast majority of books to this day.  (Many of which, by more than 50% as well.)  For instance, at the end of 2020 the 365 day average for Hulk 181 9.0 was $4600.  So call me when it's back below that.  

[troydivision1]

Until all investment indexes return to late 2019 / early 2020 levels we are overpaying for everything due to the Fed leaving the money printer on brrrr and dropping interest rates to near zero.

[Courageous Cat]

On 4/30/2022 at 9:50 PM, Troy Division said:

Until all investment indexes return to late 2019 / early 2020 levels we are overpaying for everything due to the Fed leaving the money printer on brrrr and dropping interest rates to near zero.

payback is gonna be a painful wake up call for low income folk. Fall will be a real ball buster

Edited May 1, 2022 by Courageous Cat

[alexgross.com]

On 4/30/2022 at 5:50 PM, Poekaymon said:

I think it was clear he meant 50% of the gains, not that it doubled and then halved.  So in your example it's $150 now--still up overall.  And "still up overall" describes the vast majority of books to this day.  (Many of which, by more than 50% as well.)  For instance, at the end of 2020 the 365 day average for Hulk 181 9.0 was $4600.  So call me when it's back below that.  

thank you @Poekaymon yes i was talking about losing half of the net you just made in 2021 when the price of your book(s) went nuts, not losing your entire profit. take xmen 1 for example. it was a $7500 book in 5.0 in 2020. in 2021 it reached a peak of $30,000! yes, a 400% increase. this year the two gpa sales are 25k and 23k. so, you may have lost a bit off the peak of that book last year, though not that much. but you certainly are still in the black in a big way if you bought the book in 2020 or prior. my point being, on alot of these books that are indeed down from last years INSANE runups, we are still in solidly profitable territory in terms of 2020 and before. how much overall avg price declines may continue remains to be seen. i suspect it's about hit the limit. summer is often a time when prices move up again. although with inflation and world events, this year is really up for grabs. 

[lou_fine]

On 4/30/2022 at 5:50 PM, Poekaymon said:

For instance, at the end of 2020 the 365 day average for Hulk 181 9.0 was $4600.  So call me when it's back below that.  

I'll call you for sure when it dips below my purchase price point that I had to pay for my copy because there'll be a lot of crying on the boards here if that ever happens.     

[Dark Knight]

Wake me up when AF 15's are selling between $5k-$6k for a CGC 5.0. I'll be buying again