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rustyauger Posts: 159
3/23/2021
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I tend to agree. Look at Ultimate Fallout 4 or New Mutants 98. You can't even buy a 9.4 for the price you could buy a 9.8 at 6 months ago. Do you really think those prices are going to go back to where they were before? Sure there are lots of New Mutants 98 printed, but how many are CGC 9.8s? How many 9.8s are still out there to be graded? There is a lot of new money entering the market and the supply is not really increasing enough to keep up so the prices are rising. I don't see it changing anytime soon. Also, in regards to the MCU, they haven't even got started yet. X-Men could be way bigger than the Avengers ever was and if they do FF right that could be huge as well. Plus you got Daredevil, Ghost Rider, Punisher, and numerous other characters that haven't got started yet.
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Guest
3/24/2021
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What's been happening in the last year is only going to last as long as options for spending are limited by the pandemic. If you look at distribution numbers since the Marvel movies started there hasn't been a huge upswing in the numbers of collectors. Unless, almost every single person coming in is staying away from monthly floppies and trade paperbacks. It is also not very common that completely new people into the hobby start by collecting big ticket items right off the hop. Though professionally graded purchasing can make it easier you aren't going to necessarily get a fast return on big ticket items. Unless the people coming in are flush with cash and can figure out how to buy low and spend a wee bit of cash to get a faster return then they are going to need to fund future purchases by speculating and speculating is not all that easy even with apps that you can carry with you. Not all of those books make it big. Despite the risks it is one of the best ways to fund purchasing larger ticket items. Speculating will require dabbling into modern books and since the print numbers haven't been steadily rising along with the influx of cash, one can only assume that the influx is largely coming from existing and returning collectors.
I'm fairly certain that the way the market is right now is because those people who have a steady income are restricted in what we can do outside of the home so our disposable income is not going to eating out, movies, sports events, concerts, plays, drinking, gambling, etc. without all those to pull money out of the pocket we have more to spend on the few things we can do like gaming, comics, sports cards, etc. all of which we can even do without leaving the home if need be.
I think that when we are mostly done with the pandemic and it's restrictions you will see a slowdown in spending. Now that doesn't mean that prices are going to crash down. The higher the value of a book is the more people will have to spend and the less desire they will have to lose cash on resale. So the values plateau, or maybe dip down a bit, but don't expect that dip to be very much. The safe value used to be $500 and up now I think soon as you get into the $300 range don't expect prices to ever drop below $100.
Just my two cents.
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Oxbladder Posts: 487
3/24/2021
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Poop. That was me. I guess I have to think and type faster. lol
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kds_comics Posts: 686
3/24/2021
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Theoldcollector wrote:
I am new to collecting again after stopping a few years ago and this market has me scratching my head. Where in the world can you find raw or graded books at the listed prices on here? Short of getting lucky on some of the not as popular auction sites everywhere else I look for older comics the prices are well above what's listed on the price guide's site. Especially on eBay, the prices there are just getting more and more ridiculous by the day. Where is everyone buying their comics for their collections? Right now I have been looking for ASM mainly 10-199 minus the ones I already have. I have been looking for only higher grades and the prices are always higher than the prices listed here. I've tried a few LCS here East of Dallas but most of them do not have a large back stock. Hell I stopped at one store the other day after leaving work and they only carried current with no back stock at all in the store. I tried a couple of antique stores / flea markets looking for older comics and it was the same there as well, way over priced. The last one I went to had a Wolverine #8 at best an 8.5 priced for $75 but they had a half off sale  lol I just want to build my collection with higher grade books without paying double the value. Any advise on where I should be looking? Anyone live in the Dallas area that knows of an LCS that is not over priced on older books like Tomb of Dracula and ASM? Or do any of you have a favorite website for older stuff?
My prices are usually 20% below prices here. Check it www.ComicsPriceGuide.com/members/kdscomics
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Guest
3/24/2021
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I agree with the fact that comics aren't going to completely drop but I
do think that after the pandemic and everyone goes back
to normal entertainment spending these prices are going to come down.
The price has jumped way too quickly for these not to come down. Yes, Deadpool has gotten
more and more popular and has had two movies now but it's average price 3/31/20 was $750 for a 9.8 exactly a year later it's 90 day average is at $1767 other then the pandemic there is no reason for this kind of increase. It's like a domino of people who have had their eye on it and they see the prices keep going up so they jump on and buy one afraid that it's going to keep climbing and get out of reach causing the prices to keep going up. Right now it is crazy with all books especially CGC Key books. The average for any key book right now is in exactly the same situation they have all doubled if not more in the last year. They all didn't magically become scarce all of a sudden and as cool as it would be to double the amount of comic collectors out there I don't think that realistically has happened so I think it's a market that won't last. Will everything that doubled drop in half? Probably not but I think it will probably drop quite a bit. Only time will tell.
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Oxbladder Posts: 487
3/25/2021
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I agree with the fact that comics aren't going to completely drop but I
do think that after the pandemic and everyone goes back
to normal entertainment spending these prices are going to come down.
The price has jumped way too quickly for these not to come down. Yes, Deadpool has gotten
more and more popular and has had two movies now but it's average price 3/31/20 was $750 for a 9.8 exactly a year later it's 90 day average is at $1767 other then the pandemic there is no reason for this kind of increase. It's like a domino of people who have had their eye on it and they see the prices keep going up so they jump on and buy one afraid that it's going to keep climbing and get out of reach causing the prices to keep going up. Right now it is crazy with all books especially CGC Key books. The average for any key book right now is in exactly the same situation they have all doubled if not more in the last year. They all didn't magically become scarce all of a sudden and as cool as it would be to double the amount of comic collectors out there I don't think that realistically has happened so I think it's a market that won't last. Will everything that doubled drop in half? Probably not but I think it will probably drop quite a bit. Only time will tell.
You would probably see a fluctuation of a few hundred dollars on New Mutants #98. NYX #3, a book that I own and has gone through many quick jumps in value, hasn't really dropped more than plateaued but when you pull back you see that the general trend is up. Once people are spending that kind of dough they will not want to see a loss on their investment so they will sit on their copy if the market is slow. TMNT #1 has had several plateaus as well but it has continued to trend up. So your NM #98 will probably bounce around even drop a few hundred dollars but you are still going to have to pay quite a bit for it. It's a hot book and nothing is going to change that now. Just like Incredible Hulk #181 it's been decided by the market to be a key book and demand will always be there as long as the character remains popular.
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Theoldcollector Posts: 213
3/25/2021
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Sure the ones that have paid the higher prices for their copies are not
going to want to sell them for less but there are a ton of these still
being graded.There have been 2,000 copies added to CGC in the last 12 months alone and that number is going to keep going up very quickly due to these prices.
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Oxbladder Posts: 487
3/25/2021
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Theoldcollector wrote:
Sure the ones that have paid the higher prices for their copies are not
going to want to sell them for less but there are a ton of these still
being graded.There have been 2,000 copies added to CGC in the last 12 months alone and that number is going to keep going up very quickly due to these prices.
Yes more money means more graded means more on the marketplace. That means nothing right now and doesn't mean much unless demand drops and it may not. The book is high on the want list of many people. There are lots of books that are not scarce in any way but still command high prices and will continue to do so. What you will get at some point where there is less spacing of prices between grades. More 9.8's on the market will slowly correct the gaps.
The market will often defy logic but that's collecting for you. You can find tons of books that you feel should be worth more and other that are far more money than one would expect. The less you worry about what you can't control the better you will feel. Personally, prices of NM #98 don't bother me in the slightest.
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