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<title>ComicsPriceGuide.com Forums - General Comic Discussion - The greed in this market is getting crazy - Messages</title>
<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<description>ComicsPriceGuide.com Forums - General Comic Discussion - The greed in this market is getting crazy - Messages</description>
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<pubDate>Tue, 21 Sep 2021 22:42:58 GMT</pubDate>
<lastBuildDate>Tue, 21 Sep 2021 22:42:58 GMT</lastBuildDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Oxbladder</title>
<description><![CDATA[<b>Defiant1</b> wrote:<br/><blockquote><b>Theoldcollector</b> wrote:<br/><blockquote><b>leigh28</b> wrote:<br/><blockquote>And yet people are buying them. If no one was greedy we'd still be paying cover price for things</blockquote><br/><br/><br/>The value of a book worth more than cover price is not from greed that is just what the market says it's actual worth is. Greed is someone ripping off their fan base and asking well over current market prices knowing that some of their fans will fall for it and think they are getting a good deal. Greed is when LCS are pulling books on the day of their release and telling their customers they sold out only to turn around and sell the books a week later for high prices. There is a difference between greed and the value of books going up.</blockquote><br/><br/>If I'm running a business and trying to stock desirable comics that customers want, I will buy what I can for the price I can. If I have to buy comics at market value, I have to mark it up in price to make a profit and sustain my business. <br/><br/>This is not greed. It is running a business.<br/>Does it make you pay more? Yes.<br/>Does eBay make retailers pay more to restock? Yes. <br/><br/><br/>What do you think a comic business is supposed to do? <br/><br/>Try to sell unpopular garbage that collectors don't care about?<br/>Fruitlessly hope that someone will want to sell a hot comic to them for 50% of what they can get on eBay?<br/><br/>This is how business works. <br/><br/>You buy product to sell at the cheapest price you can. <br/><br/>You stock products people actually want. <br/><br/>You mark it up standard percentages so that you pay business expenses and make a profit. <br/><br/><br/>Profit is not greed. It's what sustains the economy and keeps people gainfully employed. <br/><br/><br/>In the 90's I saw a store sell out of the "Death of Superman" issue. Customers who had not pre-ordered the comic were demanding they get a copy or they'd do business elsewhere. <br/><br/>The store owner was buying back the comics they had just sold to customers and paying them cover price or more. The customers who didn't care as much about it were getting their money back or even a small profit so the store could restock and meet the demand of their customers. The store would mark the issues double the price they had paid to buy them back. A $3 comic became a $6 comic instantly. Customers were still demanding the comic and threatening to shop elsewhere. The cycle repeated and by the end of the evening, the store was charging about $18. <br/><br/>Keep in mind that if a store has to buy back a comic for cover price, they made no profit at all on the initial sale. They lost money. They have to mark it up or they are just giving comics away.</blockquote><br/><br/>Amen. Dealers get a lot of flack yet most of it is just not right. Are there some unscrupulous dealers but there are LOTS of customers that are just plain rude. In my neck of the woods my LCS gets a lot of BS from all sorts of "collectors" that are using apps like Key Collector to guide their purchases but will give my LCS for either upping prices to just under market value (he gets serious flack for selling at market value even though he does charge premiums until the common issues go to back issue or the low ratio (1:10, 1:20, etc), selling out of books, not grouping key issues into one section, and a whole host of other things. All of these guys are usually trying to speculate and never order the books in advance. He even gets flack for either not ordering, not ordering enough, or selling out of books these people don't order themselves. When you step outside Marvel and DC stores often have to take all the risk on what to stock because these guys won't assume any risk.]]></description>
<pubDate>Tue, 21 Sep 2021 22:42:58 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from canesmacker</title>
<description><![CDATA[I routinely and almost exclusively buy all of my books through auctions. And yes, what people will pay has definitely increased over the last 12-18 months. FMV is what the buyer is willing to pay. This speculation and craziness will crash eventually - no different than the stock market. Current valuations can't hold forever. Eventually proces will drop and that's when the savvy collector/buyer will swoop in and gobble up the bargains. The GA books hold their value very well and overall have not been affected much in the last 12-18 months - although they have gotten slightly more expensive. Nothing compared to the SA & BA books that are ridiculously rising in speculative valuations. Keys are going through the roof regardless. Above are my observations from the auction side of the house.]]></description>
<pubDate>Wed, 01 Sep 2021 18:05:45 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Defiant1</title>
<description><![CDATA[<b>Theoldcollector</b> wrote:<br/><blockquote><b>leigh28</b> wrote:<br/><blockquote>And yet people are buying them. If no one was greedy we'd still be paying cover price for things</blockquote><br/><br/><br/>The value of a book worth more than cover price is not from greed that is just what the market says it's actual worth is. Greed is someone ripping off their fan base and asking well over current market prices knowing that some of their fans will fall for it and think they are getting a good deal. Greed is when LCS are pulling books on the day of their release and telling their customers they sold out only to turn around and sell the books a week later for high prices. There is a difference between greed and the value of books going up.</blockquote><br/><br/>If I'm running a business and trying to stock desirable comics that customers want, I will buy what I can for the price I can. If I have to buy comics at market value, I have to mark it up in price to make a profit and sustain my business. <br/><br/>This is not greed. It is running a business.<br/>Does it make you pay more? Yes.<br/>Does eBay make retailers pay more to restock? Yes. <br/><br/><br/>What do you think a comic business is supposed to do? <br/><br/>Try to sell unpopular garbage that collectors don't care about?<br/>Fruitlessly hope that someone will want to sell a hot comic to them for 50% of what they can get on eBay?<br/><br/>This is how business works. <br/><br/>You buy product to sell at the cheapest price you can. <br/><br/>You stock products people actually want. <br/><br/>You mark it up standard percentages so that you pay business expenses and make a profit. <br/><br/><br/>Profit is not greed. It's what sustains the economy and keeps people gainfully employed. <br/><br/><br/>In the 90's I saw a store sell out of the "Death of Superman" issue. Customers who had not pre-ordered the comic were demanding they get a copy or they'd do business elsewhere. <br/><br/>The store owner was buying back the comics they had just sold to customers and paying them cover price or more. The customers who didn't care as much about it were getting their money back or even a small profit so the store could restock and meet the demand of their customers. The store would mark the issues double the price they had paid to buy them back. A $3 comic became a $6 comic instantly. Customers were still demanding the comic and threatening to shop elsewhere. The cycle repeated and by the end of the evening, the store was charging about $18. <br/><br/>Keep in mind that if a store has to buy back a comic for cover price, they made no profit at all on the initial sale. They lost money. They have to mark it up or they are just giving comics away.]]></description>
<pubDate>Sat, 28 Aug 2021 20:05:03 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[<b>leigh28</b> wrote:<br/><blockquote>And yet people are buying them. If no one was greedy we'd still be paying cover price for things</blockquote><br/><br/>The value of a book worth more than cover price is not from greed that is just what the market says it's actual worth is. Greed is someone ripping off their fan base and asking well over current market prices knowing that some of their fans will fall for it and think they are getting a good deal. Greed is when LCS are pulling books on the day of their release and telling their customers they sold out only to turn around and sell the books a week later for high prices. There is a difference between greed and the value of books going up.]]></description>
<pubDate>Fri, 27 Aug 2021 22:23:33 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from leigh28</title>
<description><![CDATA[<b>Theoldcollector</b> wrote:<br/><blockquote>It amazes me on how greedy some of the people are getting in this market right now. I was just checking online at one of the larger back issue websites and they have a Conan #23 Raw Fine for $255 you can get a CGC 9.0 for that price even in today's market lol. I just called out a youtuber for this same this kind of greed. He was selling his books on his own to his fans for well above FMV price. He's already making a better profit by saving on the fees associated with selling on sites like Ebay he was greedy enough to try and rip off his own followers and try and sell above FMV. So I gladly called him out on it in front of his followers. I understand everyone can sell what they have for whatever price they want but when it comes to an actual business to it's customers or a Youtuber ripping off his own fans, I find that poor in taste and their greed is just sad.</blockquote><br/><br/>And yet people are buying them. If no one was greedy we'd still be paying cover price for things]]></description>
<pubDate>Thu, 26 Aug 2021 02:08:34 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from rustyauger</title>
<description><![CDATA[<a href="https://www.youtube.com/watch?v=LcnPjTlLgOU&t=609s" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=LcnPjTlLgOU&t=609s</a>]]></description>
<pubDate>Sat, 15 May 2021 08:19:15 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[<b>BasementComics</b> wrote:<br/><blockquote>I have not seen it yet.  I should go check it out.</blockquote><br/><br/><br/>I have seen a couple of videos about it and read a few articles talking about this collection it seems as if over 90% of the collection is in extraordinary high grades topping the previous highest grades seen for some of the issues.<br/><i>edited by TheOldCollector on 5/14/2021</i>]]></description>
<pubDate>Fri, 14 May 2021 19:47:54 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from BasementComics</title>
<description><![CDATA[I have not seen it yet.  I should go check it out.]]></description>
<pubDate>Fri, 14 May 2021 19:31:53 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[<b>rixmaxx</b> wrote:<br/><blockquote><br/><br/>That collection is UNBELIEVABLE! <img src="images/smilies/5700272664.gif" border="0" alt="Duhh" /></blockquote><br/><br/>And they haven't even shown it all yet according to Heritage.]]></description>
<pubDate>Fri, 14 May 2021 18:02:41 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from rixmaxx</title>
<description><![CDATA[<b>Theoldcollector</b> wrote:<br/><blockquote>Speaking of Detective Comics have you seen any of the Promise Collection coming up for sale? They have a 9.8 Detective Comics #118 What the hell? That promise collection is going to be crazy, a ton of great books in high grade form.</blockquote><br/><br/>That collection is UNBELIEVABLE! <img src="images/smilies/5700272664.gif" border="0" alt="Duhh" />]]></description>
<pubDate>Fri, 14 May 2021 17:54:37 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[Speaking of Detective Comics have you seen any of the Promise Collection coming up for sale? They have a 9.8 Detective Comics #118 What the hell? That promise collection is going to be crazy, a ton of great books in high grade form.]]></description>
<pubDate>Thu, 13 May 2021 22:26:37 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from BasementComics</title>
<description><![CDATA[<b>Theoldcollector</b> wrote:<br/><blockquote><b>BasementComics</b> wrote:<br/><blockquote> I've been thinking that for years on the Golden Age Batman and Detective I need.  I may have to resign myself to the fact I won't get much better than I what I have (missing 9 Batman and 26 Detective).</blockquote><br/><br/>First of all that's one heck of a run you have there if that's all you're missing. Second you're way too close to give up now <img src="images/smilies/smile.gif" border=0 alt="smile" /> Just going to have to wheel and deal as they say. I'm wondering on just how high this market is going to go. Right now it seems as if it's never going to stop climbing. I don't want it to crash but I sure wish it would at least plateau for a little while and let me catch up lol. I've never sold a comic book before but I'm starting to contemplate buying everything I come across under FMV now that I don't even care about so I can trade or sell it later to get some these books that are starting to get out of my reach.</blockquote><br/><br/><br/><br/>Thanks.  I started collecting seriously back in '89.  I can't seem to justify spending $1000 on a coverless Batman #9 (for example) just because someone greedy is trying artificially inflate the market.  Most of the books I'm missing outside of keys, in theory, I should be able to pick up for a couple hundred each.  Not anymore.   Especially if sellers get them graded and then the gloves are off.]]></description>
<pubDate>Thu, 13 May 2021 19:39:15 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[<b>BasementComics</b> wrote:<br/><blockquote> I've been thinking that for years on the Golden Age Batman and Detective I need.  I may have to resign myself to the fact I won't get much better than I what I have (missing 9 Batman and 26 Detective).</blockquote><br/><br/>First of all that's one heck of a run you have there if that's all you're missing. Second you're way too close to give up now <img src="images/smilies/smile.gif" border=0 alt="smile" /> Just going to have to wheel and deal as they say. I'm wondering on just how high this market is going to go. Right now it seems as if it's never going to stop climbing. I don't want it to crash but I sure wish it would at least plateau for a little while and let me catch up lol. I've never sold a comic book before but I'm starting to contemplate buying everything I come across under FMV now that I don't even care about so I can trade or sell it later to get some these books that are starting to get out of my reach.]]></description>
<pubDate>Thu, 13 May 2021 18:44:37 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from BasementComics</title>
<description><![CDATA[<b>Theoldcollector</b> wrote:<br/><blockquote><b>kds_comics</b> wrote:<br/><blockquote> It is like day trading the stock market. Proceed with caution!</blockquote><br/><br/>Now that is a fact <img src="images/smilies/smile.gif" border=0 alt="smile" /> This market is going crazy right now. I'm happy to see it go up, I just wish I had bought more before it did. It's getting so crazy right now I may never get some of the older books that I wish I had in my collection. Still adding to my collection but this market has slowed down the amount of books I'm buying, drastically.</blockquote><br/><br/><br/><br/>I've been thinking that for years on the Golden Age Batman and Detective I need.  I may have to resign myself to the fact I won't get much better than I what I have (missing 9 Batman and 26 Detective).]]></description>
<pubDate>Thu, 13 May 2021 16:51:55 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[<b>kds_comics</b> wrote:<br/><blockquote> It is like day trading the stock market. Proceed with caution!</blockquote><br/><br/>Now that is a fact <img src="images/smilies/smile.gif" border=0 alt="smile" /> This market is going crazy right now. I'm happy to see it go up, I just wish I had bought more before it did. It's getting so crazy right now I may never get some of the older books that I wish I had in my collection. Still adding to my collection but this market has slowed down the amount of books I'm buying, drastically.]]></description>
<pubDate>Thu, 13 May 2021 16:02:00 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from kds_comics</title>
<description><![CDATA[<b>rixmaxx</b> wrote:<br/><blockquote>Actually, since the announcement of the Netflix movie, Raw Fine on Ebay have sold for $250 + and Raw 9.0 have sold for over $450. Announcements for shows/movies make prices go through the roof instantly. Its like playing the stock market, one must keep an eye on everything. <img src="images/smilies/smile.gif" border=0 alt="smile" /> CRAZY</blockquote><br/><br/><br/>It is like day trading the stock market. Proceed with caution!]]></description>
<pubDate>Thu, 13 May 2021 15:42:29 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Oxbladder</title>
<description><![CDATA[People can ask whatever they want for a book. You are under no obligation to pay that. There's ALWAYS someone asking crazy prices and there's always going to be complaints about it.]]></description>
<pubDate>Sun, 09 May 2021 05:52:05 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Biddle7819</title>
<description><![CDATA[My son, who plays Fortnite would pay the price whether it was first, second, third or 18th print if he wanted that skin - hobby crossover]]></description>
<pubDate>Thu, 06 May 2021 16:12:59 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Biddle7819</title>
<description><![CDATA[That is speculation - sometimes you win, sometimes you lose. If they didn't print the code in the reprints then it's a winner]]></description>
<pubDate>Thu, 06 May 2021 16:11:10 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[That Batman/Fortnite is all for the code that can be used in the game for different stuff. My kid wants them real bad right now and even #2 was already sold out at my LCS this week. But my LCS says they are going to issue the Fortnite codes in the reprints as well so the people paying crazy prices to get that code are wasting their money.]]></description>
<pubDate>Thu, 06 May 2021 14:57:49 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from BasementComics</title>
<description><![CDATA[Even new books like the Batman/Fortnite issues have been going crazy although it seems like it's dying down.]]></description>
<pubDate>Thu, 06 May 2021 14:48:23 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[The 90 day average for a CGC 9.0 is $280 those $450 Raws on Ebay were not that high. They were listed that high but the best offer was taken on them.]]></description>
<pubDate>Thu, 06 May 2021 14:19:44 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from rixmaxx</title>
<description><![CDATA[Actually, since the announcement of the Netflix movie, Raw Fine on Ebay have sold for $250 + and Raw 9.0 have sold for over $450. Announcements for shows/movies make prices go through the roof instantly. Its like playing the stock market, one must keep an eye on everything. <img src="images/smilies/smile.gif" border=0 alt="smile" /> CRAZY]]></description>
<pubDate>Thu, 06 May 2021 13:19:06 GMT</pubDate>
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<link>https://comicspriceguide.com/forum/messages.aspx?TopicID=16139</link>
<title>Message from Theoldcollector</title>
<description><![CDATA[It amazes me on how greedy some of the people are getting in this market right now. I was just checking online at one of the larger back issue websites and they have a Conan #23 Raw Fine for $255 you can get a CGC 9.0 for that price even in today's market lol. I just called out a youtuber for this same this kind of greed. He was selling his books on his own to his fans for well above FMV price. He's already making a better profit by saving on the fees associated with selling on sites like Ebay he was greedy enough to try and rip off his own followers and try and sell above FMV. So I gladly called him out on it in front of his followers. I understand everyone can sell what they have for whatever price they want but when it comes to an actual business to it's customers or a Youtuber ripping off his own fans, I find that poor in taste and their greed is just sad.]]></description>
<pubDate>Thu, 06 May 2021 11:21:42 GMT</pubDate>
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