Sales slowdown or anomoly?14567
Have I told you about the time I dropped off 3,000 comics at SDCC? | Scifinator private msg quote post Address this user | |
I usually post my weekly non-auction sales in a different thread so fellow forum members can get a gauge of what sales are occurring at MCS since those sales aren’t as easily tracked. This week i am diverging as there was a substantial drop in the quantity of sales this past week as I had been seeing an average of about 2doz per week. Anomaly or market cooling down? Here is this past weeks sales: Bloodshot (1993 1st Series) 1 CBCS 9.4 Sold for $36.00 Eternal Warrior (1992) 1 CBCS 9.6 Sold for $39.99 Spider-Man (1990) 16 CBCS 9.8 Direct Edition. Sold for $60.00, Wildcats Covert Action Teams (1992) 1A CBCS 9.8 Direct Edition. Sold for $73.99/$85.00 on eBay Wildcats Covert Action Teams (1992) 1A CBCS 9.8 Direct Edition. Sold for $73.99 X-Factor (1986 1st Series) Reprint 71 CBCS 9.8 Second Printing. Sold for $77.70 X-Men (1991 1st Series) 1D CBCS 9.8 Cover D. Sold for $101.00 X-Men (1991 1st Series) 1E CBCS 9.8 Cover E. Sold for $86.00 X-Men (1991 1st Series) 6 CBCS 9.8 Direct Edition. Sold for $80.00 Star Wars Tales of the Jedi Dark Lords of the Sith #1-6 x 9.8 CBCS, Sold for $530 on ebay not an MCS listing. |
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I'm waiting.... (tapping fingers). Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
I can only speak for myself, but with the general improvement in the U.S. with Corona and easing of restrictions, I find myself less apt to purchase comics more than ever within the last 1+ year. In fact, my entire morning was attempting to secure Genesis tickets on Ticketmaster and looking for places to go for vacation. |
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Collector | Coldbobt private msg quote post Address this user | |
Personally I think the market needs to cool down, I can't back that up with data but there seems to be ridiculous price inflation almost across the board which is not healthy in any market... I think a little cooling down is better for everyone long term, volitivity is never a positive thing overall. |
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Collector* | Towmater private msg quote post Address this user | |
Noting the pricing of the sales in the current Comic Link auction most people aren't hedging away from buying. | ||
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Collector | cyrano0521 private msg quote post Address this user | |
I’m slowing down; cannot afford to keep buying at the pace i was nor are the things i really want still popping up. I keep hoping for stuff but since i bought the Superboy 23, i haven’t seen much. | ||
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Collector | Noblebeast315 private msg quote post Address this user | |
@Nuffsaid111 Solid move on the Genesis tickets. | ||
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I'm waiting.... (tapping fingers). Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
@Noblebeast315 shut out... friggin ticketmaster. Nothing like selecting 4 "available" tickets, only to checkout... get the "securing your ticket purchase" and after 10 minutes then "try again" Bastards on TM. Their site is terrible. |
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Collector | Noblebeast315 private msg quote post Address this user | |
@Nuffsaid111 Been there before. It’s the worst. I am sure you will be able to find a ticket elsewhere but it will now cost double. 🤨 | ||
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Collector | Jabberwookie private msg quote post Address this user | |
I’m seeing more gap between sold prices so you might be on to something. I’m also wondering if there’s a backlog of graded books about to hit the market? |
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Collector | Coldbobt private msg quote post Address this user | |
Quote:Originally Posted by Jabberwookie I wonder will we see a slow down in books getting grade as the value of books drive the grading price up..? |
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Collector | Jabberwookie private msg quote post Address this user | |
Quote:Originally Posted by Coldbobt Good question. My gut reaction says grading and preserving is more mainstream now. It might slow down some, but I don’t expect it drop to pre 2020 levels. Busy is probably the new normal. It’s affecting stock trading, too. Our company had to revise its forecast of trading volume up about 200 percent. Money and investing is cool again, it seems. |
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I wish I had a title. | ComicNinja0215 private msg quote post Address this user | |
Waiting for a convention to see what's out there. I nothing gets my attention probably run fillers for now. I want to see if prices come down on certain books. | ||
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Collector* | Towmater private msg quote post Address this user | |
Quote:Originally Posted by Coldbobt You'll start seeing it cool as we move deeper into the year. |
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Secret Moderator | MatterEaterLad private msg quote post Address this user | |
I think the bubble is starting to deflate. | ||
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Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Scifinator I don't think there's a slowdown. I think in a limited inventory situation your most popular inventory sells quickest and leaves you with stuff that is slower to sale. Like box office receipts dropping each week for a new release movie. Quote: Originally Posted by Jabberwookie That could also be from jacked up prices. Could be that each seller is asking more than the last and the market can't find an equilibrium. |
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Collector | 00slim private msg quote post Address this user | |
I’m finding the prices are generally leveling off. I don’t see them dropping (yet) but the people asking 2-3x market value aren’t moving their books & may be getting the hint. | ||
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Have I told you about the time I dropped off 3,000 comics at SDCC? | Scifinator private msg quote post Address this user | |
I suspect that there is a combo of leveling off and of my 1,700 now 1,400 MCS listings, some of the more popular title are gone. This week seem to be picking back up. And no, I don’t expect to sell my 9.8 SS Star Wars 1 at 24k, but will take it if it does. But the vast majority of my listings are at various ends of FMV. |
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Post 17 IP flag post |
I'm waiting.... (tapping fingers). Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
In thinking this through a bit more.... there's like a Marvel movie every 2 - 3 months for the next quite some time. This is after having zero Marvel movies for an even longer quite some time. Look at what the Disney TV shows have done to certain books. It may very well be the case that once the new influx of movies begins hitting the screens again that we see loony prices again on certain books. |
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Collector | 00slim private msg quote post Address this user | |
@Nuffsaid111 But see, that’s just it. A jump on key books related to a new movie or show would be a return to normalcy. What we’ve seen, the Marvel market essentially doubling across the board, is what needs to settle down. I do think it has Plateaued in a general sense, which is good. |
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Masculinity takes a holiday. | EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Nuffsaid111 Yep. |
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Collector | robertofredrico private msg quote post Address this user | |
I don't know about slowing down. There are some sales within just the past few days that are astounding... Batman #423 CGC 9.8 (Todd McFarlane Sig Series) Sold for $5,200 Batman #423 CGC 9.8 Sold for $2,499 Incredible Hulk #449 CGC 9.8 Sold for $870 Batman Adventures #12 CGC 9.8 Sold for $4,551 The Crow #1 CGC 9.8 Sold for $9,609 |
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Collector | Jabberwookie private msg quote post Address this user | |
Quote:Originally Posted by 00slim This sounds like what I think is going to happen. The major keys are going to be fine, but the inflated value for dreck and unproven keys will drop. But,I am seeing Young Avengers 1 selling for $1300 pretty routinely, so what do I know? |
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Collector | Coldbobt private msg quote post Address this user | |
Quote:Originally Posted by Jabberwookie A sure sign of impending cooling off to me is the ridiculous price inflation for incredibly minor keys... When you see sellers asking £50 for the first appearance of Bloodsport or US Agent you know something has to give... I mean £50 for either of those books raw? Nah. |
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Collector | Jabberwookie private msg quote post Address this user | |
@Coldbobt Yeah, I agree. I tried to buy a second copy of YA 1 raw and it was $300 for that book raw. For such a newer book that seems bananas, but there’s some news on that one. I maintain this book will be moser equivalent of GSX 1 but the idea of flipping it for $1500 is enticing... |
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Collector | cyrano0521 private msg quote post Address this user | |
Inflated prices are partially because “9.8 sells for [xxx] so my raw 9.x should be [yyy]” even though the raw cannot be guaranteed such a high grade AND 9.8s are very rare for said book and other grades are not. In this situation for sure, prices cannot and should not be based upon slabbed 9.8s | ||
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Collector | moodswing private msg quote post Address this user | |
There are no current Disney + shows playing. I wonder if that has anything to do with it. | ||
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I had no way of knowing that 9.8 graded copies signed by Adam Hughes weren't what you were looking for. | drchaos private msg quote post Address this user | |
From what I can see the market is still red hot. | ||
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Have I told you about the time I dropped off 3,000 comics at SDCC? | Scifinator private msg quote post Address this user | |
@drchaos Or maybe hot pink | ||
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Collector | BrianGreensnips private msg quote post Address this user | |
Sales seem robust still. There is a local LCS that does auctions all the time. They are only online these days. Someone had a bid in for $160 for issues 1-3 of Fantasy Masterpieces. These are the reprints to the original Silver Surfer run. This seems ridiculously high to me. A lot of the other items are overdbid on currently. I sold 3 prints yesterday including 2 signed and numbered ones that are normally slow sellers. So I am pretty happy about that. |
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Collector* | Towmater private msg quote post Address this user | |
With today's announcement, how long until things slide south on prices? I'm gonna go with late summer or the fall. | ||
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