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With prices being down, is anyone buying?18022

Collector* Towmater private msg quote post Address this user
With books being down in price, is anyone buying or are you holding off to see where they are in 30, 60, or 90 days?

Personally, if I can get a book for under or about the cost to slab it or some other super great deal then I’ll consider adding it to my son’s collection. For example I got a yellow label OA sketch cover by Frank Miller recently for a very nice price. Otherwise, I’m holding to see where we are going to be in 30-60 days.

If you are buying, then what are you taking off the market?
Post 1 IP   flag post
Collector MutantMania private msg quote post Address this user
My buying habits really haven't changed. Still buying collections if the deal is to good to pass up.
I'm still getting decent prices for the books I'm selling as well 👍
Post 2 IP   flag post
Collector xvipah private msg quote post Address this user
Not much has changed for me really. If I see something I want, and the price isn't too utterly ridiculous, I'll try to grab it.

I am waiting to see if the prices do keep falling so I can maybe take a look at some of the keys I've been wanting to get once they're at "normal person" levels.
Post 3 IP   flag post
It was a one trick pony show but always hilarious. GAC private msg quote post Address this user
I'm not sure a blanket statement like this can be made. Ofcourse some books are down....maybe many compared to the peak time of 2021/2022 but record sales have still been made.
Post 4 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
How are signatures holding up as a premium addition to FMV? I would think the glut of mail in signings would narrow that list down to a pretty small group of books and talent.
Post 5 IP   flag post
TL;DR Davethebrave private msg quote post Address this user
Unfortunately the books I tend to collect aren’t meaningfully down.

My last auction win (last week) was at a record price. Several other books are not dropping.

Been looking for an AC252 for a while and they are holding.

For Marvel keys I’ve noted about 30% declines from peak (AF15 and IH181). For those I am waiting to see if they drop further… I may regret in a few years but that’s okay with me. I don’t generally chase movie hype Marvel given supply but I have seen many down 60-75%+ from peak.

Cash has done poorly, unfortunately… Most of the (general market) unwind has been as expected in terms of relative movements. Timing and magnitude is impossible to nail 100%.

I can see bigger pain coming in some specific markets (same as my previously posted views).
Post 6 IP   flag post
TL;DR Davethebrave private msg quote post Address this user
Quote:
Originally Posted by EbayMafia
How are signatures holding up as a premium addition to FMV? I would think the glut of mail in signings would narrow that list down to a pretty small group of books and talent.


I have seen verified Kirby signatures hold. They are rare and hard to price.

Oh, you mean mass-signed books today? My hope is people get signatures as fans and not just value. I missed the opportunity to get more Neal signatures but would not have sold the books regardless…
Post 7 IP   flag post
Beaten by boat oars Studley_Dudley private msg quote post Address this user
My bigger book buying tapered off during the craze of the past few years but my run filling purchases were through the roof. I have my eye on a few keys at the LCS right now and the prices are dipping and he prices appropriately so we'll see over the next few weeks or months.
Post 8 IP   flag post
Collector* Towmater private msg quote post Address this user
Quote:
Originally Posted by EbayMafia
How are signatures holding up as a premium addition to FMV? I would think the glut of mail in signings would narrow that list down to a pretty small group of books and talent.


Sorry to advise that I am not up to speed on the general yellow label market. I only buy Frank Miller yellow labels that either have a remark or a sketch on them when I can get them for well below FMV. I have 7 of them now. Miller is a weakness for me. I own a 20” x 30” commission he did, and a Sin City prelim page too. Unfortunately, his published pages have gotten beyond of the level I’m comfortable paying.
Post 9 IP   flag post
If the viagra is working you should be well over a 9.8. xkonk private msg quote post Address this user
I'm still buying books I want in my budget. I'm occasionally getting them cheaper than I expect going by recent prices.
Post 10 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
I've bought only 3 slabs in the last couple months and I think only one of them is meaningful to this discussion.
Last night I bought a Terminator 1 CGC 9.6 (first Alex Ross work) for $100. I think he's a generational artist and even if I don't keep it forever, I couldn't lose much on it.
I bought a Flaming Carrot 16 CGC 9.6 (First Mystery Men) for $160. It has a very small audience, they already had their movie, and it's another book I'm fine owning forever.
Regarding the dip, I bought an Eternals 2 CGC 9.6 (First Celestials) for $99. This is down almost 50% from pre-movie and I figure it's low risk with possible high return if the Celestials play a role in MCU eventually.
Other than those 3, everything I've bought lately has been low price raw books for runs and interesting covers. Average price probably less than $20.
Post 11 IP   flag post
Collector xjagnew private msg quote post Address this user
Still grabbing low hanging fruit that is affordable, but giving the blue chip keys a little longer to cool off before jumping in. My other hobby is PMs, and haven't seen that hit the lows I'm comfortable with either. All in time, regardless of what Bezos has trained me to accept.
Post 12 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
Quote:
Originally Posted by xjagnew
My other hobby is PMs


Your other hobby is private messages?
Post 13 IP   flag post
Collector xjagnew private msg quote post Address this user
@EbayMafia Quote:
Originally Posted by EbayMafia
Quote:
Originally Posted by xjagnew
My other hobby is PMs


Your other hobby is private messages?


Only Fans can only support so many comics.
Post 14 IP   flag post
If the viagra is working you should be well over a 9.8. xkonk private msg quote post Address this user
Quote:
Originally Posted by EbayMafia
Quote:
Originally Posted by xjagnew
My other hobby is PMs


Your other hobby is private messages?


Cheaper than a lot of hobbies.
Post 15 IP   flag post
Collector 00slim private msg quote post Address this user
I threw my hat into the ring on a low grade (CGC 2.0) ASM #2 earlier this week, hoping I’d get a deal. Prices are down, but they’re not THAT far down. At least, not for vintage keys. It went for about $400 below the last sale. Oh well. There will be deals to be had closer to the end of Summer, I think.
Post 16 IP   flag post
Collector* Towmater private msg quote post Address this user
Quote:
Originally Posted by xkonk
Quote:
Originally Posted by EbayMafia
Quote:
Originally Posted by xjagnew
My other hobby is PMs


Your other hobby is private messages?


Cheaper than a lot of hobbies.


Cheaper than buying some magic effects. I just spent a little over $1300.00 on a Richard Gerlitz apparatus named “Sea-Ling’s Doesn’t Matter” and stumbled upon a Mikame Craft “ The Final Penetration” for a super price of 300.00.
Post 17 IP   flag post
Collector Joosh private msg quote post Address this user
My take: Prices are still trending up over the last 3-4 years. 2020-21 was an abnormal peak that has mostly corrected.

I sold a lot of my best books last year. The sell prices seemed too good to pass up. I’m not quite ready to buy again; I bought a car.
Post 18 IP   flag post
Collector SpiderTim private msg quote post Address this user
A downturn in prices is the perfect oportunity to buy. I always try to purchase items at good prices.
Post 19 IP   flag post
TL;DR Davethebrave private msg quote post Address this user
Love the car you bought. But we also know car prices showed the same movement. Of course some cars more than others, just like some comics (or types) more than others.

Quote:
Originally Posted by Joosh
My take: Prices are still trending up over the last 3-4 years. 2020-21 was an abnormal peak that has mostly corrected.

I sold a lot of my best books last year. The sell prices seemed too good to pass up. I’m not quite ready to buy again; I bought a car.
Post 20 IP   flag post
Collector silveragecomicsuk private msg quote post Address this user
Quote:
Originally Posted by MutantMania
My buying habits really haven't changed. Still buying collections if the deal is to good to pass up.
I'm still getting decent prices for the books I'm selling as well 👍
Quote:
Originally Posted by xvipah
Not much has changed for me really. If I see something I want, and the price isn't too utterly ridiculous, I'll try to grab it.

I am waiting to see if the prices do keep falling so I can maybe take a look at some of the keys I've been wanting to get once they're at "normal person" levels.
Quote:
Originally Posted by GAC
I'm not sure a blanket statement like this can be made. Ofcourse some books are down....maybe many compared to the peak time of 2021/2022 but record sales have still been made.
Quote:
Originally Posted by Davethebrave
Unfortunately the books I tend to collect aren’t meaningfully down.

My last auction win (last week) was at a record price. Several other books are not dropping.

Been looking for an AC252 for a while and they are holding.

For Marvel keys I’ve noted about 30% declines from peak (AF15 and IH181). For those I am waiting to see if they drop further… I may regret in a few years but that’s okay with me. I don’t generally chase movie hype Marvel given supply but I have seen many down 60-75%+ from peak.

Cash has done poorly, unfortunately… Most of the (general market) unwind has been as expected in terms of relative movements. Timing and magnitude is impossible to nail 100%.

I can see bigger pain coming in some specific markets (same as my previously posted views).
Quote:
Originally Posted by xkonk
I'm still buying books I want in my budget. I'm occasionally getting them cheaper than I expect going by recent prices.


I will continue to buy the deals or the books I want for PC my views are simple and outlined below;
Golden age - most good GA is hard to come by so I usually snap up what I can when I can
Silver age - seems to be trending down (usually what I sell but it is what it is we keep our prices competitive and still sell done about $40k consignment in the last month)
Bronze - don’t know enough to comment but we sell some on consignment not seeing any issues or massive swings
Modern- no thanks

If anyone on this thread has a wants list or is selling at reasonable prices please don’t hesitate to reach out via DM. HODL.
Post 21 IP   flag post
Collector Mmanick private msg quote post Address this user
I will continue to collect and am buying keys as much as I can. I'm looking for a low grade Jim 83 to be back in my price range.
Post 22 IP   flag post
Collector silveragecomicsuk private msg quote post Address this user
Quote:
Originally Posted by Mmanick
I will continue to collect and am buying keys as much as I can. I'm looking for a low grade Jim 83 to be back in my price range.


10k 😉 have
you seen the new Thor movie
Post 23 IP   flag post
Collector drmccoy74 private msg quote post Address this user
Quote:
Originally Posted by Davethebrave
Unfortunately the books I tend to collect aren’t meaningfully down.

My last auction win (last week) was at a record price. Several other books are not dropping.

Been looking for an AC252 for a while and they are holding.

For Marvel keys I’ve noted about 30% declines from peak (AF15 and IH181). For those I am waiting to see if they drop further… I may regret in a few years but that’s okay with me. I don’t generally chase movie hype Marvel given supply but I have seen many down 60-75%+ from peak.

Cash has done poorly, unfortunately… Most of the (general market) unwind has been as expected in terms of relative movements. Timing and magnitude is impossible to nail 100%.

I can see bigger pain coming in some specific markets (same as my previously posted views).
Adventure 252 probably will hold. It's already super undervalued now. Mega key and rare at the same time
Post 24 IP   flag post
Masculinity takes a holiday. EbayMafia private msg quote post Address this user
Quote:
Originally Posted by drmccoy74
Adventure 252 probably will hold. It's already super undervalued now. Mega key and rare at the same time


4.0 $60 on MCS. But we all know you meant Action.
https://www.mycomicshop.com/search?q=adventure+comics+252&pubid=&PubRng=
Post 25 IP   flag post
Collector Mmanick private msg quote post Address this user
Quote:
Originally Posted by silveragecomicsuk
Quote:
Originally Posted by Mmanick
I will continue to collect and am buying keys as much as I can. I'm looking for a low grade Jim 83 to be back in my price range.


10k 😉 have
you seen the new Thor movie
that book seems overpriced for a purple label. Usually puprlem label is half of what a blue label is going for unless signed by a creator
Post 26 IP   flag post
TL;DR Davethebrave private msg quote post Address this user
This article is succinct but dated.

https://web-static.stern.nyu.edu/om/faculty/moses/FineArt/Recessionart5.pdf

I think some parts of the comic market have migrated closer to fine art (scarce, in the hands of higher net worth individuals, desirable as long-term collectible, etc).

Of course fine art is a different price category. An AC1 would be considered modest-to-middling price-wise. Supply-adjusted it would move into “middling” at most. The difference is that at certain price points and certain types (of art or comics) the owner is unlikely to feel too pressured to convert to cash in a downturn. Instead they will appreciate the diversification.

Of course that doesn’t apply to speculators, especially leveraged or highly concentrated ones. I think this partially explains the divergence in some parts of the comic market (along with relative scarcity). Further downside risk remains, absolutely. More in some parts of the market than others. But far from a certainty that it will be dramatic and very likely some parts of the market will remain good “investments” (for those seeking that in comics) for the long term… even at today’s prices.
Post 27 IP   flag post
Collector drmccoy74 private msg quote post Address this user
Quote:
Originally Posted by EbayMafia
Quote:
Originally Posted by drmccoy74
Adventure 252 probably will hold. It's already super undervalued now. Mega key and rare at the same time


4.0 $60 on MCS. But we all know you meant Action.
https://www.mycomicshop.com/search?q=adventure+comics+252&pubid=&PubRng=
yes and no
Misread it. I was thinking Adventure 247 LOSH. One of my all time favorites. He meant Supergirl
Post 28 IP   flag post
Collector Haljordanfan private msg quote post Address this user
I’m trying to if that counts.
Post 29 IP   flag post
Not trying to be an ass since February 12, 2020. HulkSmash private msg quote post Address this user
They may be down, but I still can’t afford many compared to 3-4 years ago😭
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