Absolute Carnage #1 1:500 Virgin General Question15562
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hogan36 private msg quote post Address this user | |
| When Absolute Carnage #1 1:500 Virgin comic came out, it was running for the price of $1,800.00 on Golden Apple Comics. I purchased 4 of them in 2019 (when they first came out) at $1,800 a book. I've had mines slabbed and graded. Even the ones that are slabbed and graded on eBay are only being sold for $600-$700 right now. If I planned to sell mine on eBay, I would have to lower my price and take a major loss. Also, you can see some comic sites have dropped the price on the comics. Right now, Midtown Comics has the comic priced at $250.00. That kind of sucks. You would think those books should have stayed at a high premium like when they first came out. Why is that? I guess I can say, "Welcome to the comic world." You win some and lose some. I guess this time I lost. |
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Sebastsk8 private msg quote post Address this user | |
| A lot of high ratio variants are hot when they first come out and then die down. Happens on a lot of books. The only absolute carnage book I've really seen go pretty high and stay fairly high is the red blank variant. I had a chance to buy a few at 120 a piece and passed it up. Immediately went to like 250-300 a piece and have stayed there since.  |
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hogan36 private msg quote post Address this user | |
| @Sebastsk8 Yeah, I purchased 5 of them as well and paid pretty good penny for them at the time. I think I paid about $120 a piece for mine as well. I've completed 4 Whole Absolute Carnage #1 sets. I want to send them all in to get graded. I've spent so much money that I'm not sure what to do. It kind of upsets me. When/ if a movie comes out, do you think it will ever kick back up in price? Or does it depend on who the movies focuses on? | ||
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Sebastsk8 private msg quote post Address this user | |
| Venom 2 may increase value of some issues a little, and if a knull movie ever comes out that may help a little as well, but getting those ratios back up that high most likely won't happen. | ||
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dielinfinite private msg quote post Address this user | |
| @hogan36 Comic values vary on a lot factors but hyped comics are almost always worth the most immediately after they are released as people scramble over each other trying to get a copy and vendors are taking advantage of buyer excitement. But people are not excited for the same thing forever, especially if it is one of a dozen (or more) covers of the same book. The amount of money they are willing to spend on the book drops as their attention turns elsewhere. If you are buying multiple copies of a hot book and hope to make a profit then you had better plan on reselling quickly. Yes some books might increase in value over time but those are few and far between so holding on to a book is always a risk. One in the hand worth two in the bush and all that. Those are the risks of any venture for profit. |
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hogan36 private msg quote post Address this user | |
@Sebastsk8  I'm doomed! Well there goes my money! |
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Sebastsk8 private msg quote post Address this user | |
| I forget how many covers they even had for absolute 1...somewhere around 30? | ||
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Sebastsk8 private msg quote post Address this user | |
| @hogan36 might as well get them graded though, maybe you'll luck out and get a 9.9 or something. | ||
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hogan36 private msg quote post Address this user | |
| @Sebastsk8 Yes. 30+ covers for Absolute Carnage #1 | ||
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hogan36 private msg quote post Address this user | |
| @dielinfinite Yeah, I can go along with that. | ||
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hogan36 private msg quote post Address this user | |
| @Sebastsk8 Yeah when I get my money together I'll send them in because I want to get them signed as well. Hopefully they work a good deal out. | ||
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hogan36 private msg quote post Address this user | |
| @Sebastsk8 I already have some signed and not graded. Once CBCS verifies and give you a yellow label instead of a pink label, I think that'll put them at the top of the game. Unless another business is doing it that way already. They need to take that pink label off. | ||
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dielinfinite private msg quote post Address this user | |
| @hogan36 The red label has been discontinued for over a year now | ||
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hogan36 private msg quote post Address this user | |
| @dielinfinite So if you already have a signed book that CBCS can verify the signature on, what label do they give you? | ||
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 I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
| You have to put in perspective that for $1800 in 2019 you could've purchased tens of thousands of other comics that are far more significant for that price with established characters and print runs that happened to be lower at the time because of independent publishers or less interest in the characters. Always stay away from manufactured rarity in comics, there is far too high a risk short term and proven lack of interest and a significant drop in market value long term. I don't think anything of significance happens in that issue and it's listed for around $350 in a CGC 9.8. Unfortunately you're just going to have to take a massive loss, whether you take that loss now or later, it's going to happen eventually. It's unlikely that book will ever increase in value. If you have other books to sell and you have to report them as income on your tax return, or you are selling other assets or stock this year, you might as well try to sell them and take the loss. If not, wait until next year where you'll have to report them as income due to changes in tax loss to offset any other income taxes you have. Also, never give business to Golden Apple again. They're known for inflating prices of everything. |
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Supermole private msg quote post Address this user | |
| This is exactly why I dislike the current state of variant comics so much. I will get them when they are super cheap, or as a mystery box but never go out of my way to buy them. | ||
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dielinfinite private msg quote post Address this user | |
| @hogan36 Witnessed and Verified signatures both get yellow labels now. | ||
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dielinfinite private msg quote post Address this user | |
Quote:Originally Posted by flanders Itâs actually worse than that. He purchased 4 copies at $1800 each, which could have gone to a prime key book in decent condition that wouldâve appreciated significantly, if not in multiples of its original value, since 2019 |
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hogan36 private msg quote post Address this user | |
| @dielinfinite Great! Iâll be sending my books in before they change their mind. Hopefully I get a 9.8 because I have a lot of books that they tell me were printed on cheap paper which wonât hurt the grading. I want to get all 4 Complete Sets of Absolute Carnage #1 graded. | ||
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
Quote:Originally Posted by dielinfinite I'm aware. I didn't think it was possible to lose money selling comics as I've had a lot of success the past few years. This makes me want to curl up in the fetal position and cry. |
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hogan36 private msg quote post Address this user | |
| @flanders Thanks for the heads up! You are right! I noticed that. | ||
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 Not trying to be an ass since February 12, 2020.
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HulkSmash private msg quote post Address this user | |
Quote:Originally Posted by Sebastsk8Quote: Originally Posted by hogan36 36 + 2nd, 3rd, 4th, & 5th print covers |
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Davethebrave private msg quote post Address this user | |
| Any time something is purchased primarily to make $ in the short term (months to a few years), it is likely others are doing the same. If so, a big part of the âdemandâ is false demand and will go away. Think of it as a âsoftâ ponzi. Variant spec, MCU spec, etc is all doomed to fail just like pokemon cards and âlimited editionâ modern sports cards. Longer list of course than just the above. If you enjoyed the process think of the $ as entertainment expense. If you âthoughtâ you were investing consider it a moderately priced education and donât repeat the same mistake. If it was gambling then you win some / you lose some and chalk it up to entertainment as well⌠|
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hogan36 private msg quote post Address this user | |
@flanders I can feel your pain because Iâm crying now  |
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hogan36 private msg quote post Address this user | |
@HulkSmash To be honest, when I bought my first book, I was lurking around and somehow ended up on third eye comics.com. I tumbled upon this post and read this. Thatâs what made me interested in buying all of the Absolute Carnage #1 books. Also, leagueofcomicgeeks.com lists what all books goes to the complete set that Iâve collected/completed as well. |
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 Have I told you about the time I dropped off 3,000 comics at SDCC?
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Scifinator private msg quote post Address this user | |
Quote:Originally Posted by Sebastsk8 @Sebastsk8 - I had seen an absolute cover and I thought... wow, that is a cool cover maybe I should pick up before the Carnage movie... Then, I realized that just about every artist on payroll had a variant and I thought...Nope, not prudent, not gonna doit. |
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dielinfinite private msg quote post Address this user | |
Quote:Originally Posted by flanders |
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Sebastsk8 private msg quote post Address this user | |
@Scifinator I'd still like to get a red blank for a carnage sketch, but not at 300 bucks  |
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Sebastsk8 private msg quote post Address this user | |
| Looking over the variants I guess a couple others have held value or went up a little. The premiere variant I bought for like 10 bucks. Have that signed by cates, stegman and michelinie so far. They're going for about 25 now raw. I have mine just for PC because I like the cover though |
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Not trying to be an ass since February 12, 2020.
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HulkSmash private msg quote post Address this user | |
Quote:Originally Posted by Sebastsk8I picked up the Bagley âhidden gemâ for $30 and the Premier for $10-$15. Last year I sold the Premier 9.8 for $80 and the âhidden gemâ 9.8 for $130. Not bad and then I picked up a lot of 4 of the Iron Man, carnage, Thor, and guardians of the galaxy premier covers for $20 |
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