Are prices still climbing or have they eased up a bit??? 45 45

[Vixom]

On 2/6/2023 at 4:26 PM, lou_fine said:

 

Ouch    or awesome    , depending on if you are a speculator who brought during the pandemic times or a longer term collector who brought back in the pre-pandemic times.  

How about a speculator who bought during the pre pandemic times and sold during the pandemic times? I can't find the words or emoji to express how I feel. 

[Microchip]

On 2/7/2023 at 10:59 AM, Thisisrequired said:

How about a speculator who bought during the pre pandemic times and sold during the pandemic times? I can't find the words or emoji to express how I feel. 

[drbanner]

On 2/6/2023 at 3:45 PM, DC# said:

Hulk #181 in 9.8 is seeing softer sales after a Fall/end of year surge.   There was a $125k sale on Pedigree in Oct, $146k (suscha news) on Clink in Oct, and a $100K in Dec on ComicLink - along with 2 Heritage sales of $96k and $90k in Nov.  

Past two sales came in at $69k (Heritage 1/12 - OW/W copy) and $66k (ComicConnect 2/1 White pages but bad wrap)

Lesson here - don't use Heritage to sell your Hulk 181 9.8's. 

[DC#]

I have no idea where the prices have landed relative pre/post pandemic numbers but there has been an absolute deluge of 9.8 Bronze/Copper Hulks in for sale in recent weeks.   57 issues sold by one seller yesterday on Ebay between issues #154 and #255.   Around another dozen issue from 2 other sellers starting tomorrow.    Noticed the same thing with Daredevil on either Heritage or ComicLink  - just large runs of 9.8 books.  

[THE_BEYONDER]

On 2/6/2023 at 7:46 PM, DC# said:

I have no idea where the prices have landed relative pre/post pandemic numbers but there has been an absolute deluge of 9.8 Bronze/Copper Hulks in for sale in recent weeks.   57 issues sold by one seller yesterday on Ebay between issues #154 and #255.   Around another dozen issue from 2 other sellers starting tomorrow.    Noticed the same thing with Daredevil on either Heritage or ComicLink  - just large runs of 9.8 books.  

I was watching a few of those Hulks. The 202 & Tongie 209 went for about $250 each.  Not sure if those prices are down, but more than I was willing to go for them. 

[DC#]

On 2/6/2023 at 4:53 PM, THE_BEYONDER said:

I was watching a few of those Hulks. The 202 & Tongie 209 went for about $250 each.  Not sure if those prices are down, but more than I was willing to go for them. 

The #234 (1st Quasar) went for $404 which was up from the Nov/Dec averages in the mid $300s.     Listing by the seller (Adam's Rare Comics) said he had over 100 high-grade Hulks for sale.   

[lou_fine]

On 2/6/2023 at 4:18 PM, drbanner said:

Lesson here - don't use Heritage to sell your Hulk 181 9.8's. 

The broader lesson here is that it's never ever a case of one shoe (i.e. one auction house) fits all when it comes to selling your collectibles.  

You need to look at your individual items in terms of their age, grade, etc, as each one of the major auction houses have their own specific customer base targeting specific types of items which they would be much more interested in.  

[VintageComics]

The majority of people lean towards fear so the markets generally lean towards fear. 

Never underestimate a market's eagerness to overshoot expectations in any direction.

Personally, I've bought several #181s recently. 

[GrasshopperFF]

On 2/6/2023 at 9:48 PM, VintageComics said:

The majority of people lean towards fear so the markets generally lean towards fear. 

Never underestimate a market's eagerness to overshoot expectations in any direction.

Personally, I've bought several #181s recently. 

There is a nice #181 in a 7.5 grade right now on ComicLink. 
 

[Sweet Lou 14]

On 2/6/2023 at 10:10 PM, GrasshopperFF said:

There is a nice #181 in a 7.5 grade right now on ComicLink. 
 

Anybody know what's going on with the graphic and "explosion" in the CGC label?

Honestly gimmick labels are a big turnoff for me and when I see them, it makes me think twice about buying/bidding.  I basically have to factor in the time and cost of having the book reholdered, which I will absolutely 100% have to do before my OCD would allow the book into the collection.  

[GrasshopperFF]

On 2/6/2023 at 10:22 PM, Sweet Lou 14 said:

Anybody know what's going on with the graphic and "explosion" in the CGC label?

Honestly gimmick labels are a big turnoff for me and when I see them, it makes me think twice about buying/bidding.  I basically have to factor in the time and cost of having the book reholdered, which I will absolutely 100% have to do before my OCD would allow the book into the collection.  

I agree. That “explosion” caught my eye too.  In a bad way. 

[THE_BEYONDER]

On 2/6/2023 at 10:22 PM, Sweet Lou 14 said:

Anybody know what's going on with the graphic and "explosion" in the CGC label?

Honestly gimmick labels are a big turnoff for me and when I see them, it makes me think twice about buying/bidding.  I basically have to factor in the time and cost of having the book reholdered, which I will absolutely 100% have to do before my OCD would allow the book into the collection.  

Edited February 7, 2023 by THE_BEYONDER

[comicnoir]

On 2/6/2023 at 10:37 PM, THE_BEYONDER said:

How ironic it seems to be setting off ppl with OCD.

[the blob]

On 2/3/2023 at 9:44 PM, lou_fine said:

Are you one of those "older people" who 's already thinking of retirement because I remember when I first started working?  All of us were complaining that the worse thing about our pay cheques was the large amount they was taking off every two weeks to fund our pension.    

Now, we finally understand that it is indeed an actual employee benefit and not the cost of working for the corporation that we used to think it was.  Yep, much better to be a retiree in this current high inflationary environment when your pension automatically increases by some 6% or 7% for this coming year because it's linked to the CPI.  Not so much if you are still working and locked into a 2% pay increase, or even worse yet, still frozen back at 2021 wages or earlier  because your union or company hasn't settled on a collective agreement contract yet.  

But like you said, we digress.............

Pensions automatically increasing with the CPI is something that can be pretty easily eliminated with the flick of a legislative pen, maybe even in Canada. I know my pension is protected by law, including my state's constitution, but I am pretty sure they can mess with any subsequent annual increases. P.S., I wasn't complaining. I paid 2% for 10 years and got vested, never had to contribute again. My wife is in a later tier and she will be paying 6% forever.

 

[DC#]

Updated my DOW 30 through January 2023.    

Silver:  Down 30.1% vs Jan 2022; down 13.8% vs Oct 2022

Bronze:  Down 29.5% vs Jan 2022; down 15.6% vs Oct 2022

Copper/Modern:  Down 27.7% vs Jan 2022; down 7.6% vs Oct 2022

 

 

For another POV/approach to indexing the market - this is an interesting look.    His month over month is starting to look better.    Since my analysis is quarterly I am not picking up on the exact timing of any market turn like his......

 

 

On 11/6/2022 at 7:46 AM, DC# said:

 

Here is my Dow 30 updated for October (for those interested in the methodology I have added the original post in the quote below) with updated annual CAGRs.     2022 (Oct to Oct) has been very rough but the CAGRs since 2016 remain very, very healthy (27% total with all ages well above 20%).  

For October itself....

Silver was down 18% vs Oct  21, down 9% vs July 22

Bronze was down 12% vs Oct 21, down 10% vs July 22

Copper/Modern was down 21% vs Oct 21, down 11% vs July 22

In aggregate down 17% vs Oct 21 and down 10% vs July 22

 

 

 

 

[rsouxlja7]

On 2/11/2023 at 8:50 AM, DC# said:

Updated my DOW 30 through January 2023.    

Silver:  Down 30.1% vs Jan 2022; down 13.8% vs Oct 2022

Bronze:  Down 29.5% vs Jan 2022; down 15.6% vs Oct 2022

Copper/Modern:  Down 27.7% vs Jan 2022; down 7.6% vs Oct 2022

 

 

For another POV/approach to indexing the market - this is an interesting look.    His month over month is starting to look better.    Since my analysis is quarterly I am not picking up on the exact timing of any market turn like his......

 

 

 

around the same as QQQ so not too bad all things considered

[djzombi]

It's definitely still a buyer's market out there.  

I recently purchased a raw Fantastic Four #48 in roughly 2.0 for $300.  I had previously thought this book was going to be forever out of my reach.

A couple of weeks ago I finally completed my Power Man collection with a raw Hero for Hire #1 in approximately 4.0 condition for about $150.  

 

[lou_fine]

On 2/11/2023 at 6:50 AM, DC# said:

Updated my DOW 30 through January 2023.    

Silver:  Down 30.1% vs Jan 2022; down 13.8% vs Oct 2022

Bronze:  Down 29.5% vs Jan 2022; down 15.6% vs Oct 2022

Copper/Modern:  Down 27.7% vs Jan 2022; down 7.6% vs Oct 2022

It's too bad you don't have anything for the Golden Age marketplace because significant portions of that market is still holding firm, if not continuing to power upwards.  

I guess that's due to the relative scarcity and hence lack of repeat sales when it comes to the GA books making it much harder to conduct reliable trend analysis.  

[DC#]

On 2/11/2023 at 4:34 PM, lou_fine said:

It's too bad you don't have anything for the Golden Age marketplace because significant portions of that market is still holding firm, if not continuing to power upwards.  

I guess that's due to the relative scarcity and hence lack of repeat sales when it comes to the GA books making it much harder to conduct reliable trend analysis.  

That’s primarily the reason.   Even in this analysis of 90 graded books(30x3 grades per) there are alway 3-4 books each time that won’t change hands in a quarter.   That is not the case with a book like UF #4.   Even in 9.8 that thing has been exchanged 72 times in the last 90 days and sold 29 times in the month of January.       That is getting close to total census count on some GA books.  

[VintageComics]

On 2/11/2023 at 9:50 AM, DC# said:

Updated my DOW 30 through January 2023.    

Silver:  Down 30.1% vs Jan 2022; down 13.8% vs Oct 2022

Bronze:  Down 29.5% vs Jan 2022; down 15.6% vs Oct 2022

Copper/Modern:  Down 27.7% vs Jan 2022; down 7.6% vs Oct 2022

 

 

For another POV/approach to indexing the market - this is an interesting look.    His month over month is starting to look better.    Since my analysis is quarterly I am not picking up on the exact timing of any market turn like his......

 

 

 

This info agrees with my post a few weeks ago where I stated that dealers were seeing a strengthening of prices in their sales. 

Edited February 12, 2023 by VintageComics
Edited to help Beyonder's migraine.