Issues selling too cheap online. Messages in this topic - RSS

Chrisedaigle
Chrisedaigle
Posts: 3

7/19/2016

Chrisedaigle
Chrisedaigle
Posts: 3
I've noticed as of late a lot of key issues are just being sold for flat out way under market value....for instance,I have a new 52 batman #1 graded at 9.6. Value shows about $600. Now I'm not unrealistic in thinking I'm getting that but myself and people posting these books for 2-300 are not out of line I.m.o.

But you have people taking $120 for a 9.6 on eBay ?????

C'mon man!!! I.m.o. You have people who bought it and need the money quick. But that's a very nice issue!!! Why would you sell it under those terms??? That book will go nowhere but up!! This is not a hobby where you're gonna get rich quickly...and shouldn't be approached that way,if you're buying a book as an investment... Be prepared to sit on it.
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jtlarsen
jtlarsen
Posts: 3

7/25/2016

jtlarsen
jtlarsen
Posts: 3
There's no such thing as "too cheap." If things are selling for less than you want, that means their value is going down (or, potentially, the seller is screwing up). The reason people are selling books for less than you want them to is that no one is buying the books at the price you want. That doesn't mean the market's wrong, it means you are.
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captnwilli
captnwilli
Posts: 11

7/26/2016

captnwilli
captnwilli
Posts: 11
jtlarsen wrote:
There's no such thing as "too cheap." If things are selling for less than you want, that means their value is going down (or, potentially, the seller is screwing up). The reason people are selling books for less than you want them to is that no one is buying the books at the price you want. That doesn't mean the market's wrong, it means you are.


Well said! It may be tough for some of us to hear, but at the end of the day we have to admit that our expectations on how we value our books may need to be reavaluated.
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kds_comics
kds_comics
Posts: 686

7/28/2016

kds_comics
kds_comics
Posts: 686
Chrisedaigle wrote:
I've noticed as of late a lot of key issues are just being sold for flat out way under market value....for instance,I have a new 52 batman #1 graded at 9.6. Value shows about $600. Now I'm not unrealistic in thinking I'm getting that but myself and people posting these books for 2-300 are not out of line I.m.o.

But you have people taking $120 for a 9.6 on eBay ?????

C'mon man!!! I.m.o. You have people who bought it and need the money quick. But that's a very nice issue!!! Why would you sell it under those terms??? That book will go nowhere but up!! This is not a hobby where you're gonna get rich quickly...and shouldn't be approached that way,if you're buying a book as an investment... Be prepared to sit on it.


Just my opinion to add to what Ox said.

Comics are not a good way to make money quick. Market fluctuations make some old book that had been in dollar boxes at dealers across the country (e.g Suicide Squad #1) now worth $50 and up. But you had to wait over 25 years for this to happen.

If you want to make money, a good stock trading program with some education on your part will get you a better return than comics will. Still not quick, but you can make money in months rather than years. Just one suggestion.

If you want to be a dealer, buy stuff very cheap - comics and what ever else you can find - and sell at local flea market or comics show. I sell at shows occasionally and it still takes some business savvy and a whole lot of work to make a few dollars. It is very had to make money this way - a lot of work and you still may loose. I believe that is why few folks do it.

IMHO

KDS
edited by kds_comics on 7/28/2016
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netstuffers
netstuffers
Administrator
Posts: 239

11/21/2016

netstuffers
netstuffers
Administrator
Posts: 239
timmygo77 wrote:
The true value of a book is what someone is willing to pay for it.




Bingo. Technically, our price guide could be wrong every single time if you're a great negotiator! And we're okay with that! smile
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Oxbladder
Oxbladder
Posts: 487

7/24/2016

Oxbladder
Oxbladder
Posts: 487
Um, are you going by the CPG price guide? If you are you should know that they do NOT stay on top of prices they way you think they do. Most of their graded prices use a very old algorithm that is so far from accurate that it really needs to be retooled. Currently the most recent realised prices on eBay have been around $150-200 for a third party graded 9.8. Third party graded 9.6's are bouncing all over the map from less than $100 to over $130.
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