2/25/2022
Topic:
Have you noticed?
Oxbladder
|
claydwilli wrote:
Comics are going the same direction as magic cards and other collectables. It's the same path that 'high art' has always taken, along with high end cars. They are a place that the wealthy see that they can 'store' their cash and get returns. The aim is returns. The venture capitalists see a booming market and capitalizing on the services that support it. Investing is all about the service markets. If you see a trend, look and see what services will support that trend and buy them up. If you see that people like coffee, don't just go out and buy coffee beans, buy the companies that makes the roasters and the grinders. Buy cardboard production companies and trucks and corner real estate. All that said, I bet anything that those who now own CGC also own super high end comics and are pressuring the market to drive up those values.
Most of the money now is from collectors. The biggest investing by the venture types has been in industry supports like CGC. Not sure how that's like them 90's when most of the problem came from card collectors came in but didn't know what they were doing and when they bailed that left many stores stuck for months trying to bring their order numbers down. I don't see the stock numbers like the 90's so people are chasing issues not buying in early and they are going for keys. Where I live it's mostly 20-40 year old collectors with apps like Key Collector driving the price trends. Key Collector is the new Wizard. |
3/26/2022
Topic:
Pay Copy of Marvel Comics #1 Sells for $2.4M
Oxbladder
|
glarimer wrote:
How did it get a 9.2 from CGC with writing all over it? 😀
IMHO it shouldn't have ever gotten that grade. Because the writing is historically important and it has provenance it carries very low weight. Beneath that writing, though, it is supposedly one of if not the highest grade copies known. |
4/5/2022
Topic:
CCG/CGC sold to investment firm
Oxbladder
|
It’s not a huge deal other than expect to keep paying more. CGC now has more money and that money but they aren’t going to change much because it affects the bottom line. The bottom line matters even more now because Blackstone will cut them loose if they don’t keep being profitable. Right now CGC and CBCS have a captured market that may whine and complain but they will NEVER really lose as long as the premiums hold up.So, why change? |
4/8/2022
Topic:
Companies suddenly finding out of stock comics
Oxbladder
|
I made the above comment BTW. I got logged out. |
6/18/2022
Topic:
Have the movies really made thousands of new colle
Oxbladder
|
Speculation is always part of the market. More collectors, and make no mistake it’s mostly collectors, are taking part in the in speculation. They’ll deny it but anyone who denies that the money to be earned isn’t nice I would call them a liar. I never understood why it is so bad to say that potential profit is a bad thing or admitting that they speculate. Anyway, speculation is a part of the hobby. Get used to it because we all do it. |
7/4/2022
Topic:
gloves off?!
Oxbladder
|
A bulk sale like that never gets close to selling each singly. You agreed to a price and screwed yourself. |
