I'm not that upset prices have fallen. As a collector with no short term desire to sell anything, it's thrilling to be able to start buying at more reasonable prices.
Not everything has gone down, technically. Buyers are paying less in auctions, but alottttt of sellers are keeping their BUY NOW prices really higher. There's like D list first appearances that they price like A list
Could not agree more. As the blue chips start to chill....the best of the rest will start to come off. EBay sellers especially will get back to reasonable “buy it now” pricing.
I don't think you've seen anything yet. The recession is just starting. Wait until lots of people start losing their houses and jobs. Let's not forget, it was rich wall street like folks that manipulated the comic market just like all other markets. If they decide they want to liquidate, these prices will plummet even more. I started this hobby near those high price points, but I bought what I like, not what I planned to flip. I hope I can get some grails at a further discount.
It's funny how we trick ourselves like this. When comics are going up we calculate our investment at the FMV but when comics are going down we don't pay attention to it and don't want to give into the fact that we are down. It is very true that there are some good deals out there. Sellers on some platforms are still stubborn and asking for 2021 prices.
The vendors at the conventions are mostly still very stubborn. Was at Megacon a few weeks ago and those guys were charging ridiculous prices for a lot of their books, especially the slabs. To make matters worse, very few of them were willing to budge on price or even give you decent value on a trade. Had one clown offer me $400 trade-in value for a Secret Wars #8 in a 9.8 slab. Meanwhile he was selling two raw copies of the very same book on his wall for $270 each. Go figure. His reasoning for lowballing me was; "that book is overvalued right now and is going to crash like Moon Knight #1 once the hype wears off."
As a collector this makes me happy that these prices are coming back to earth. Some blue chip keys like a GSX1 are still high even though it has dropped a bit. Will get one hopefully soon.
I had a feeling something was up when I was looking at a lot of early Amazing Spider-Man books from the 60’s. Was making a deal with the seller and I told him it was to steep then he told me he had other buyers and we stopped talking. After that on EBay almost everyday he keep messaging me saying his lot is coming down in price and I should jump on it! What happen to all those other buyers though??😂😂 Eventually waited and got Amazing Spider-Man books 16-48 for under $2000!
Interesting video. Your right that something is only worth what it sells for and genuine Collectors will welcome this. However, it will impact on people who sell as a business/sideline. One thing I would highlight more though is that if the recession continues, many people won't have money to spend on comics so may not be able to build their collection whatever they come down to.
You are right on point, swag! It’s a great time to buy. It’s just like the stock market. When prices are down and there’s blood in the water, it’s the best time to buy at bargain prices if you have a long-term goal in mind. And you don’t lose unless you sell
Makes perfect sense. I'm liquidating a lot of smaller books that don't fluctuate as much with the market. Gonna get me some keys 😁 I feel like the sellers got done dirty at this auction. I'd be mad if I put in my AF 15 and they didn't tell me there were 10 other copies in the auction
Well said, man! If you bought a Hulk 181 off the rack for a quarter, and still own it today, and it's a nice high-grade copy, that book is still only worth.... a quarter. It's crazy because these drops really are - in my opinion - solely the extrinsic factors of the economy. There's no comic burn out, or people not wanting to buy comics, but rather the force of the hand because so many people are struggling right now with $7 a gallon gas, meats and other food that's almost tripled in price, etc. And the MAIN important take away is what you summarized at the end; the new floors have been set and if bought before 2021, you're most likely still in the "unrealized" green. I'm now looking at that FF 52! it might be time for me to scrape up some change! lol.
Great post and yes it's a awesome time to buy now as its only going to go down so far a book before collectors start to not sell in a low end prove market.. This is a great opportunity and in e end the prices will bounce back it always does
I wonder, how many out there, like an old bud, considering cashing out, are about to dump their collections on the market, rather than let their kid do so and benefit from the bucks.
Getting ready to head to a big con this month and hoping to pick up some nice keys. This actually makes me feel better about actually being able to acquire of these books! Thanks again Swag!
This is just inflation. We haven’t even gotten to the part where unemployment and foreclosures start. It’s true you only lose if you sell but if people are making this their way of living, they can’t afford to hold out. That just my opinion, hopefully we can get back to healthy market
I'm in it for the long term. Prices go up and down like a yo-yo over the years. I've been collecting since 1968,it's not the great comic depression. Very interesting though, always enjoy your video right to the last second. Thanks again
Will be adding to my asset classes soon and comic books are one I will be adding. I have my list of keys I want. I collected in the late 80s and 90s and was gifted a large silver age collection. Likely will be looking for fist appearance of Wolverine and Punisher once we get into peak fear and the job market collapses that’s about 6 months away. Comic book market still has a lot more to drop. It’s a buyers market coming. If you have a stable job and I do because I work for the government so I will be leaning into the stock market and the comic book market for the next 12 months.
I see it as a buying opportunity. I think things will only get even worse though at least for the next 1 year. Ultimately, the market will recover. As a collector I see it as a golden opportunity.
Everything is relative when the economy moves up or down. If you sell at a loss to pay rent, then it's a bummer, but if you sell to buy another key at a discounted price then it still makes sense.
Most of these key books have had an unprecedented run-up in price and a modest pullback should have been expected, and quite frankly, probably overall a healthy thing for the market. Pullbacks help stabilize markets long-term. Heck, take a look at the history of the stock market since the great depression. Even with a 30% or so correction, I suspect most of these books have still had a hell of a good run the past few years. If you got caught up in the fomo and spending spree from the Covid money, well you only have yourself to blame. By the way, the All Star #8 you mention had brittle pages whereas the earlier copy had cream to off-white pages. Page quality does count for something -- you can't evenly compare all 4.5's across the board.
The values overall have decreases but certain books spike up at certain times. Still opportunity to buy books and make a profit if you can get books at the right price.
I've definitely taken advantage of the falling prices. Got a great deal on a lot of FF46-50. They're all very low grade but I paid about as much as it would've cost for just the 49 graded at a 2.5 last year. Still looking for more, hopefully I can get a deal on an X-Men 94 while the prices are down right now.
For the AF 15 in 8.0, I don’t think you factored in that there was an extra 15% buyer premium added to the $448k, so the buyer actually paid $515k with the premium and that is how books get reported in GPA. This is very much in line with the previous $520k sale you quoted. Note that some ComicConnect auctions add a 15% buyer premium added and some do not. It is noted in the description for each book.
When something goes up 100% 200% in one or two years and then has a 25% dip ….it’s gone up so much so fast that 25% off from 200% peak increase isn’t even a good deal lol
The comic market got crazy manipulated like all the other assets. Rich folks will be the ones to decide how much lower these books will go. I think a 50% drop would be healthy considering how fast they went up.
Just as an overall trend, I would expect U.S. prices for collectible comic books to continue gradually decreasing as long as we're seeing significant inflation and corresponding increased prices for gasoline, groceries, utilities, insurance and other essentials. When dealers and collectors find themselves in need of cash for essentials, they can raise it quick by selling desirable comics at a noticeable discount.
The markets don't favor books right now...If you got in cheap you can still sell and make a buck or two...but so many Americans are leveraged with credit cards and debt...gas high, rent high, food high, interest rates going up...stocks down...crypto down...Many sellers need infusion of cash...this will last for at least two years...so the better deals are in 12 months or so...happy hunting.
stacking 12 of the same keys in a row is moronic move by that auction house... only so many af 15 , ff1, etc buyers at any given auction-when its stacked in a single auction with 11 other copies it doesn't have a chance... prices are down, but that auction jamming so many copies at once did no one (other than savvy buyers) any favors...headlines will show these top notch keys selling lower, will add downward pressure to mkt... crazy stupid move-if id consigned one of those keys i'd be furious.
1st time I've heard anyone explain what I've thought from the start of my collecting. I didnt think about getting rich off my comic books. I just thought about what cool books I wanted. And the price I could pay. And when I go to sale one day. Me and the buyer will work out a fair price...so grading my big books never was a interest to me. I just scooped raw lower complete condition books. So now I never worry about losing money on any of my Grail and key books. And I for sure wouldnt sale any at a loss. I'd just keep sitting on them. For example I also have a couple FF 52s. I didnt pay more then $200 for VG condition on them. When I go to sale even if I decided $500 was a great price to sale a copy. Well the buyer will happy with the deal and I would be happy to make double my money. That's if I decided to sale while the market is a bit lower. But if that's worse case scenario. I'd have a smile on my face ear to ear. I never spent crazy money on higher grade slabs. I just went for the books I could buy and have plenty left over. For a few other grails. That was always my philosophy and I've stuck to that..some one just messaged me and wants to purchase my FF #5. It would be a huge profit. But I'm keeping my book. It a lower grade and I didnt break the bank picking it up. So for me I totally agree. Dont sell your books at a loss. Just sit and hold. Once we get out of this horrible economy. Things will pop again. So dont worry fellow collectors. We will be just fine. :) great post bud.
Maybe now that people aren’t getting paid to stay home with a ton of time on their hands we can get to some stabilization of our market. I’m sure there are some folks who are struggling with this economy and I feel for them. But for me, I’m really digging the dropping prices and hopefully there will be a day when some of the mega keys fall back to more attainable prices for me.
I grabbed my first Golden Age book a few weeks ago, a Flash Comics 73, for $275. It is only a 2.0 but it is from 1946 and has a bright red Hawkman cover (by Joe Kubert!) . Those random older books might not be hot spec that could bounce back, but to your point, you can really build up your collection now if that is your goal. I really want to grab something that came out during WWII now so looking to see what is out there as all prices seem to drop.
People should have listened to eta Nick last year when he told everybody to sell. And he led by example selling most of his books at the peak of the market.
Yeah, I saw it myself over the weekend. One seller on Instagram had mentioned in a post that books were in a decline. Which made me say to myself, "Yeah, right!" Then I had some ebay auction wins on Sunday and as you said things were going for 20% to 30% less.
Comic connect also has a 15% buyers premium have to remember that so some of those deals aren't quite what they seem. Buyers paid more than the "sale price"
Only on specific auctions does it have the BP...and if it does that is factored into the final price (as well as what you would see on gpa or go collect)
@@Swagglehaus ah you are right very good point thank you for clarifying. On higher end books I think it applies though? I was looking at FF#5 (6.0) and it still hasnt come down to my price but I'm patient. You bought a gem long term even without a crack and press!
Hopefully books will start dropping back to pre-covid prices. Between speculation and lockdowns the collector's market has gone absolutely insane and prices are still astronomical. Books I used to dig out of dollar bins 2 years ago are now sitting on display racks for $15-$20 a pop. It's crazy.
Long ago, I was a flunky at a bookstore. They had two comic rooms. One for the rising books, another for the dead title books. They would go in the 25 cent boxes. Others, the 40 cent box. Guess what box the first appearance of moon knight in werewolf would end up in.
I've been building my cash position since early this year, but I'm still waiting. I have some big books targeted and I live in Europe, so have to make the purchases count
This is a great time for collectors - flippers are effectively dead in the water in a declining market, and I guess some of them will be having to sell at a loss for cash flow, hence the large number of Hulk 181's and FF 52's hitting the market. Also it means flippers are not buying, so they are not causing prices to spiral upwards as flippers sell to flippers. It's a collectors market - hurrah !
Glad to see the prices going down. Some of these book prices was just ridiculous. High prices made collect unreal these prices need to keep dropping, I shouldn't have to break the bank just to get 1 book. I've been collecting for 46 years and never thought I would see some of these high prices for collecting. I actually feel sorry for people that are starting to get into the hobby for the first time. The next generation of kids aren't collecting books like I did when I was a kid. What kid can afford a comic at $3.99 - $4.99 a pop and that's new books not including key book prices, my mother used to give me spare change of $3.00 - $4.00 dollars when I was kid and I would come home with 8-10 books. Today's standard you would have to give you kid $40.00 just to come home with that. Sorry for not shedding a tear for price dropping. LOL :D
I always wondered about natural disasters like floods and earthquakes and tornadoes they must take out some comic books?? Which would make the remaining books more valuable or at least more rare..
First off I love your channel I’ve learn a lot from you definitely keep up the good job. In my opinion I disagree with this I think what we are seeing is some book are losing interest so for example that FF 52 yea that’s a major key but black panther is dead so now ppl are focusing on Tosin and at some point the MCU will introduce him in the theaters. Life moves on so the kid who’s 14 now by the time he/she turns 19 if they’re into books I would like to believe that they will recognize tosin as the new black panther. If you are a reseller the time is now to buy books because once a stimulus check goes out ppl will go back to buying And prices will be back up
The government isnt forking out money anymore and markets of all kinds are tanking. Unfortunately like many, I have whittled away most of my disposable income. It's a great time to buy if you have the means. I think things will start to bounce in a yearish. Not that I really buy comics with the intent to sell any time soon.
There really aren't that many collectors out there with huge bank balances. A lot of the speculators have been purchasing to sell at a profit & in this market thats unlikely to happen so they are dropping out. Its a correction and ultimately good for real collectors. Its a hard truth but they are only comics, when you have to keep the roof over your familys head in a recession they aren't a priority.
Those were were not the best examples of value taking a dive, seems typical. Golden age and high priced grails fluctuate hard because there are fewer buyers. Bronze and Copper age books have a much higher run so they're back and forth. The best books to get are the 9.0 and up for modern books, low print runs and old grails that present well. My Hulk 181 9.2 white pages, TMNT 9.2 white pages and FF 1 4.0 white pages have tripled and more since I bought them 6 years ago. The market depends on buyers, greed and speculation. Just get the ones you enjoy but don't expect them to perform.
I have added a couple of those books that I otherwise would not have been able to pay for it for example I picked up an ultimate fallout nine. Six as well as the first appearance of Hawkeye in a four. Five the next book I’m looking for is daredevil number one
Sellers taking their books to market with "buy it now" sales are still acting as though it's 2021, as if the rest of us don't know that the market correction is in full swing. I get wanting to keep the market flying high, but it's high time for a lot of people to take the clue to either adjust their pricing or wait for the market to pick up steam again.
@@metsrus Yeah maybe there's a bit of that, too. I don't fault them for wanting to get top dollar, especially if they themselves paid a lot for a given book. But at what point does the reality set in that it's not 2021 anymore, we're sliding into a recession, and it's time to either drop the price or take if off the market for a while. Leaving it to rot does more to harm the book (and your reputation as a seller) in the long run, IMO.
This is all welcome news for the books I want to buy. But what if you're one of those people who recently came back in to the hobby, and just got their books back from CGC that were meant to sell to fund the grail purchases? Asking for a friend whose name is my name.
haha, I mean everyone's entry points are different. As long as you're in the green for a book, then its totally fine to sell IMHO (even if that means leaving some potential money on the table). Now if you're in the red on some books, those are the ones you may want to wait to sell (especially if they are books that have factors to get hot down the road - like a movie or something coming up)
Yup. I was buying MORE because of the price escalation, and now that CGC and CBCS has finally gotten around to grading my friggin’ books, the market has tanked. And yeah, sure… for the books I wanted to collect, that is a nothingburger… but that’s about a third of the books I bought. Everything else, I am just taking a bath on.
I am starting to appreciate just how vast the gap is between how easy it is to buy comics and how hard it is to sell them (unless you have a big social media presence, or are a comic shop). No one warns you about this! All good though, still having fun.
It’s all about when you enter the market. I’d be loosing some sleep if I bought spec/keys/grails last year during the boom. I just hope that those people will not panic sell their books - that will hurt the market even more.
I don’t think anyone who can afford to pay 50k or even 400k plus for a book is phased by the price decrease. They’re paying premium prices to collect. I doubt they’re looking to sell. Although, they might
Never buy a ticket on the hype train, it will almost always lead to financial loss. The hype train should only be looked at as a time to sell but that’s a secret few in the industry like to share.
High end books like AF 15 in 8.0 can vary quite a bit based on how they present. All 8.0's aren't created equal and it impacts how much they sell for. Not saying that is for sure the case here but it's a factor.
I don't care about the economy, I'm still buying and loving it. I collect what I like and have spec second. I have my daughter with me and she loves comics. People are too caught up in profit and forget to have fun.
no time to play in spec trash when silver/bronze blue chip keys are on sale... auctions on stuff like hero for hire, ff 48/49/52, ghost rider 1, spotlight, asm villain keys (esp kingpin), etc-steals out there.
I'll reiterate something that holds true most importantly for the collectibles market, something is only worth $ what someone else is willing to pay for it
Yeah hopefully the RAW and CGC gap widens...I've been noticing for a long time people starting to charge CGC prices for raw books (which is why i've found myself with so many more slabs)
Not even close. Watch a documentary about the Great Depression, or read a few books on it. Better yet, talk to someone who was alive then. It's an insult to use the term "Depression" when most of us live such soft, spoiled lives.
Nd that is why you always keep a rainy day fund. I’m going to a no name, under the radar, back water con this Sunday money in hand ready to deal. You wanna stick to 2021 prices? Good luck, I’ll head to the next booth. It’s a buyers market hands down. The panic hasn’t even began yet, wait until 2023 when eBay mails out those 1099’s. Happy hunting 😈
I came across somebody selling books on comic connect like 2 days ago. I wasn't familiar with them, so I checked it out. I wasn't even sure if it was legit. The website looks like it was made in 1995 and never updated.
I'm not that upset prices have fallen. As a collector with no short term desire to sell anything, it's thrilling to be able to start buying at more reasonable prices.
Totally agree, its a great time for collectors again.
same lol
Not everything has gone down, technically. Buyers are paying less in auctions, but alottttt of sellers are keeping their BUY NOW prices really higher. There's like D list first appearances that they price like A list
I agree. Books i thought were out of range possibly moving back into to range. Long term collector here as well
Could not agree more. As the blue chips start to chill....the best of the rest will start to come off. EBay sellers especially will get back to reasonable “buy it now” pricing.
I don't think you've seen anything yet. The recession is just starting. Wait until lots of people start losing their houses and jobs. Let's not forget, it was rich wall street like folks that manipulated the comic market just like all other markets. If they decide they want to liquidate, these prices will plummet even more. I started this hobby near those high price points, but I bought what I like, not what I planned to flip. I hope I can get some grails at a further discount.
It's funny how we trick ourselves like this. When comics are going up we calculate our investment at the FMV but when comics are going down we don't pay attention to it and don't want to give into the fact that we are down. It is very true that there are some good deals out there. Sellers on some platforms are still stubborn and asking for 2021 prices.
The vendors at the conventions are mostly still very stubborn. Was at Megacon a few weeks ago and those guys were charging ridiculous prices for a lot of their books, especially the slabs. To make matters worse, very few of them were willing to budge on price or even give you decent value on a trade. Had one clown offer me $400 trade-in value for a Secret Wars #8 in a 9.8 slab. Meanwhile he was selling two raw copies of the very same book on his wall for $270 each. Go figure. His reasoning for lowballing me was; "that book is overvalued right now and is going to crash like Moon Knight #1 once the hype wears off."
I’m loving this. Those 2020-2021 prices were out the gate. We’re getting a reality check and this just proves people have been getting ripped off
With food, and gas hitting record highs it hurts everyone. People don't have the money to spend on comics like they used to.
Mooohahahahah.😆
wahhhh
As a collector this makes me happy that these prices are coming back to earth. Some blue chip keys like a GSX1 are still high even though it has dropped a bit. Will get one hopefully soon.
I had a feeling something was up when I was looking at a lot of early Amazing Spider-Man books from the 60’s. Was making a deal with the seller and I told him it was to steep then he told me he had other buyers and we stopped talking. After that on EBay almost everyday he keep messaging me saying his lot is coming down in price and I should jump on it! What happen to all those other buyers though??😂😂 Eventually waited and got Amazing Spider-Man books 16-48 for under $2000!
Interesting video. Your right that something is only worth what it sells for and genuine Collectors will welcome this. However, it will impact on people who sell as a business/sideline. One thing I would highlight more though is that if the recession continues, many people won't have money to spend on comics so may not be able to build their collection whatever they come down to.
Great video, the look of those CBCS slabs is growing on me
You are right on point, swag! It’s a great time to buy. It’s just like the stock market. When prices are down and there’s blood in the water, it’s the best time to buy at bargain prices if you have a long-term goal in mind. And you don’t lose unless you sell
Makes perfect sense. I'm liquidating a lot of smaller books that don't fluctuate as much with the market. Gonna get me some keys 😁
I feel like the sellers got done dirty at this auction. I'd be mad if I put in my AF 15 and they didn't tell me there were 10 other copies in the auction
You're bang-on that a book is only worth what someone will pay for it. Good advice in this video. I'm fine with a declining market.
Great video and really good points 👍. Thank you!
Glad you enjoyed it!
Crashes, dips and recessions are just buying opportunities. This is where the fortunes are made.
100%!
Well said, man! If you bought a Hulk 181 off the rack for a quarter, and still own it today, and it's a nice high-grade copy, that book is still only worth.... a quarter. It's crazy because these drops really are - in my opinion - solely the extrinsic factors of the economy. There's no comic burn out, or people not wanting to buy comics, but rather the force of the hand because so many people are struggling right now with $7 a gallon gas, meats and other food that's almost tripled in price, etc. And the MAIN important take away is what you summarized at the end; the new floors have been set and if bought before 2021, you're most likely still in the "unrealized" green. I'm now looking at that FF 52! it might be time for me to scrape up some change! lol.
Great post and yes it's a awesome time to buy now as its only going to go down so far a book before collectors start to not sell in a low end prove market.. This is a great opportunity and in e end the prices will bounce back it always does
I wonder, how many out there, like an old bud, considering cashing out, are about to dump their collections on the market, rather than let their kid do so and benefit from the bucks.
This is not a recession, we are in Runaway Inflation heading into a Soft Depression. Trust an older collector.
Not a soft depression. We are headed to a major crash. Also expect massive food shortages.
@@MakThaNife you may be correct, I was looking at things from a more conservative standpoint.
Great vid, good to see some books will be more acquirable now. I also have a FF 52 as a 1.8 lol
What's also important to note is that selling in a down market means that your collectible
is a lot less liquid even at it's lower price.
Great video!!! Sound advice. I’m building up my collection of some keys that I wanted and getting a good deal at the same time. 😎.
I just got back into comics and I guess I got in at the right time! I knew I was getting great deals! I'm happy to be back collecting
Thanks. That was really insightful.
Getting ready to head to a big con this month and hoping to pick up some nice keys. This actually makes me feel better about actually being able to acquire of these books!
Thanks again Swag!
This is just inflation. We haven’t even gotten to the part where unemployment and foreclosures start.
It’s true you only lose if you sell but if people are making this their way of living, they can’t afford to hold out. That just my opinion, hopefully we can get back to healthy market
I'm in it for the long term. Prices go up and down like a yo-yo over the years. I've been collecting since 1968,it's not the great comic depression. Very interesting though, always enjoy your video right to the last second. Thanks again
Will be adding to my asset classes soon and comic books are one I will be adding. I have my list of keys I want. I collected in the late 80s and 90s and was gifted a large silver age collection. Likely will be looking for fist appearance of Wolverine and Punisher once we get into peak fear and the job market collapses that’s about 6 months away. Comic book market still has a lot more to drop. It’s a buyers market coming. If you have a stable job and I do because I work for the government so I will be leaning into the stock market and the comic book market for the next 12 months.
I see it as a buying opportunity. I think things will only get even worse though at least for the next 1 year. Ultimately, the market will recover. As a collector I see it as a golden opportunity.
Everything is relative when the economy moves up or down. If you sell at a loss to pay rent, then it's a bummer, but if you sell to buy another key at a discounted price then it still makes sense.
Most of these key books have had an unprecedented run-up in price and a modest pullback should have been expected, and quite frankly, probably overall a healthy thing for the market. Pullbacks help stabilize markets long-term. Heck, take a look at the history of the stock market since the great depression. Even with a 30% or so correction, I suspect most of these books have still had a hell of a good run the past few years. If you got caught up in the fomo and spending spree from the Covid money, well you only have yourself to blame. By the way, the All Star #8 you mention had brittle pages whereas the earlier copy had cream to off-white pages. Page quality does count for something -- you can't evenly compare all 4.5's across the board.
The values overall have decreases but certain books spike up at certain times. Still opportunity to buy books and make a profit if you can get books at the right price.
Great videos swaggy p
I've definitely taken advantage of the falling prices. Got a great deal on a lot of FF46-50. They're all very low grade but I paid about as much as it would've cost for just the 49 graded at a 2.5 last year. Still looking for more, hopefully I can get a deal on an X-Men 94 while the prices are down right now.
For the AF 15 in 8.0, I don’t think you factored in that there was an extra 15% buyer premium added to the $448k, so the buyer actually paid $515k with the premium and that is how books get reported in GPA. This is very much in line with the previous $520k sale you quoted. Note that some ComicConnect auctions add a 15% buyer premium added and some do not. It is noted in the description for each book.
Actually the 448k sale did include the buyers premium. The final bid was around 390k.
When something goes up 100% 200% in one or two years and then has a 25% dip ….it’s gone up so much so fast that 25% off from 200% peak increase isn’t even a good deal lol
I mean it is a good deal of course if you bought a long time ago. But it’s all relative. A lot of people have bought in over these last couple years.
@@Swagglehaus yeah over years but not 1 or 2 years , it’s not normal lol
The comic market got crazy manipulated like all the other assets. Rich folks will be the ones to decide how much lower these books will go. I think a 50% drop would be healthy considering how fast they went up.
I’ll be keeping an eye out for 181, not much of a dip there yet for the amount available to purchase
Good thing I didn't chase after an XM1 last month. Gonna be able to grab a better grade soon hopefully.
Just as an overall trend, I would expect U.S. prices for collectible comic books to continue gradually decreasing as long as we're seeing significant inflation and corresponding increased prices for gasoline, groceries, utilities, insurance and other essentials. When dealers and collectors find themselves in need of cash for essentials, they can raise it quick by selling desirable comics at a noticeable discount.
Appreciate the info as always.
Comic prices coming down, it makes me so happy, I only started collecting 6 months ago, I will be taking advantage for sure
I’m a Darkhawk fan also. Not that there’s anything wrong with that!
The markets don't favor books right now...If you got in cheap you can still sell and make a buck or two...but so many Americans are leveraged with credit cards and debt...gas high, rent high, food high, interest rates going up...stocks down...crypto down...Many sellers need infusion of cash...this will last for at least two years...so the better deals are in 12 months or so...happy hunting.
Seems like a good time to buy actually. Buy when others are selling and sell when others are buying. Works for Warren Buffett. 🙂
stacking 12 of the same keys in a row is moronic move by that auction house... only so many af 15 , ff1, etc buyers at any given auction-when its stacked in a single auction with 11 other copies it doesn't have a chance... prices are down, but that auction jamming so many copies at once did no one (other than savvy buyers) any favors...headlines will show these top notch keys selling lower, will add downward pressure to mkt... crazy stupid move-if id consigned one of those keys i'd be furious.
I suspect the lower price on the All Star 8 has more to do with the slight brittle pages then a lower overall price.
1st time I've heard anyone explain what I've thought from the start of my collecting. I didnt think about getting rich off my comic books. I just thought about what cool books I wanted. And the price I could pay. And when I go to sale one day. Me and the buyer will work out a fair price...so grading my big books never was a interest to me. I just scooped raw lower complete condition books. So now I never worry about losing money on any of my Grail and key books. And I for sure wouldnt sale any at a loss. I'd just keep sitting on them. For example I also have a couple FF 52s. I didnt pay more then $200 for VG condition on them. When I go to sale even if I decided $500 was a great price to sale a copy. Well the buyer will happy with the deal and I would be happy to make double my money. That's if I decided to sale while the market is a bit lower. But if that's worse case scenario. I'd have a smile on my face ear to ear. I never spent crazy money on higher grade slabs. I just went for the books I could buy and have plenty left over. For a few other grails. That was always my philosophy and I've stuck to that..some one just messaged me and wants to purchase my FF #5. It would be a huge profit. But I'm keeping my book. It a lower grade and I didnt break the bank picking it up. So for me I totally agree. Dont sell your books at a loss. Just sit and hold. Once we get out of this horrible economy. Things will pop again. So dont worry fellow collectors. We will be just fine. :) great post bud.
Hate to say it, I sold a bunch of books in 2014 and regretted it, maybe I can get ahold of some of them later on this year.
Maybe now that people aren’t getting paid to stay home with a ton of time on their hands we can get to some stabilization of our market. I’m sure there are some folks who are struggling with this economy and I feel for them. But for me, I’m really digging the dropping prices and hopefully there will be a day when some of the mega keys fall back to more attainable prices for me.
What do you do for a living?
I grabbed my first Golden Age book a few weeks ago, a Flash Comics 73, for $275. It is only a 2.0 but it is from 1946 and has a bright red Hawkman cover (by Joe Kubert!) . Those random older books might not be hot spec that could bounce back, but to your point, you can really build up your collection now if that is your goal. I really want to grab something that came out during WWII now so looking to see what is out there as all prices seem to drop.
People should have listened to eta Nick last year when he told everybody to sell. And he led by example selling most of his books at the peak of the market.
ETA Nick is great...he also talks about how now is not the time to sell if you can hold (which I totally agree with)
Eta Nick is a legend, bless him on his new familial journey!
Buy buy buy!! As a collector I love it
New to collecting comics... well I had a 20 year break, started again a few months ago.... and I noticed it was a buyers market
For sure! Great time to be able to pick up books
Yeah, I saw it myself over the weekend. One seller on Instagram had mentioned in a post that books were in a decline. Which made me say to myself, "Yeah, right!" Then I had some ebay auction wins on Sunday and as you said things were going for 20% to 30% less.
LOL! That spinning intro tells it all.
hahaha :P
time to pull the trigger on the 181 swag!!
Comic connect also has a 15% buyers premium have to remember that so some of those deals aren't quite what they seem. Buyers paid more than the "sale price"
Only on specific auctions does it have the BP...and if it does that is factored into the final price (as well as what you would see on gpa or go collect)
@@Swagglehaus ah you are right very good point thank you for clarifying. On higher end books I think it applies though? I was looking at FF#5 (6.0) and it still hasnt come down to my price but I'm patient. You bought a gem long term even without a crack and press!
Hopefully books will start dropping back to pre-covid prices. Between speculation and lockdowns the collector's market has gone absolutely insane and prices are still astronomical. Books I used to dig out of dollar bins 2 years ago are now sitting on display racks for $15-$20 a pop. It's crazy.
Long ago, I was a flunky at a bookstore. They had two comic rooms. One for the rising books, another for the dead title books. They would go in the 25 cent boxes. Others, the 40 cent box. Guess what box the first appearance of moon knight in werewolf would end up in.
I've been building my cash position since early this year, but I'm still waiting. I have some big books targeted and I live in Europe, so have to make the purchases count
This is a great time for collectors - flippers are effectively dead in the water in a declining market, and I guess some of them will be having to sell at a loss for cash flow, hence the large number of Hulk 181's and FF 52's hitting the market. Also it means flippers are not buying, so they are not causing prices to spiral upwards as flippers sell to flippers. It's a collectors market - hurrah !
I hope you are right. :)
I can't relate to this. All of these books are way out of my price range
Awesome video!
Glad to see the prices going down. Some of these book prices was just ridiculous. High prices made collect unreal these prices need to keep dropping, I shouldn't have to break the bank just to get 1 book. I've been collecting for 46 years and never thought I would see some of these high prices for collecting. I actually feel sorry for people that are starting to get into the hobby for the first time. The next generation of kids aren't collecting books like I did when I was a kid. What kid can afford a comic at $3.99 - $4.99 a pop and that's new books not including key book prices, my mother used to give me spare change of $3.00 - $4.00 dollars when I was kid and I would come home with 8-10 books. Today's standard you would have to give you kid $40.00 just to come home with that. Sorry for not shedding a tear for price dropping. LOL :D
I always wondered about natural disasters like floods and earthquakes and tornadoes they must take out some comic books?? Which would make the remaining books more valuable or at least more rare..
First off I love your channel I’ve learn a lot from you definitely keep up the good job. In my opinion I disagree with this I think what we are seeing is some book are losing interest so for example that FF 52 yea that’s a major key but black panther is dead so now ppl are focusing on Tosin and at some point the MCU will introduce him in the theaters. Life moves on so the kid who’s 14 now by the time he/she turns 19 if they’re into books I would like to believe that they will recognize tosin as the new black panther. If you are a reseller the time is now to buy books because once a stimulus check goes out ppl will go back to buying And prices will be back up
I have seen it a lot in the past week. Small ebay sellers selling stuff at big discounts. A GSX1 8.5 going for over a thousand dollars under FMV
Should I wait a few months to get a AMS#129 and Hulk#181 since the prices are dropping can I get a better deal if I wait longer?????
The government isnt forking out money anymore and markets of all kinds are tanking. Unfortunately like many, I have whittled away most of my disposable income. It's a great time to buy if you have the means. I think things will start to bounce in a yearish. Not that I really buy comics with the intent to sell any time soon.
There really aren't that many collectors out there with huge bank balances. A lot of the speculators have been purchasing to sell at a profit & in this market thats unlikely to happen so they are dropping out. Its a correction and ultimately good for real collectors.
Its a hard truth but they are only comics, when you have to keep the roof over your familys head in a recession they aren't a priority.
Those were were not the best examples of value taking a dive, seems typical.
Golden age and high priced grails fluctuate hard because there are fewer buyers.
Bronze and Copper age books have a much higher run so they're back and forth.
The best books to get are the 9.0 and up for modern books, low print runs and old grails that present well. My Hulk 181 9.2 white pages, TMNT 9.2 white pages and FF 1 4.0 white pages have tripled and more since I bought them 6 years ago.
The market depends on buyers, greed and speculation. Just get the ones you enjoy but don't expect them to perform.
I have added a couple of those books that I otherwise would not have been able to pay for it for example I picked up an ultimate fallout nine. Six as well as the first appearance of Hawkeye in a four. Five the next book I’m looking for is daredevil number one
I'm going to a show tomorrow if there prices reflect a down movement. They'll will get a bunch of my money.
Books are still relatively higher than pre-pandemic prices, and I don’t think they will reach those lows.
Yeah I agree with you. I don't think we're going to see 2020 prices again.
Man I have some money aside and I actually could have bought that wonder woman book….. now my savings would be empty but what a great book long term
u should do some videos on your stocks and cyrpo
Sellers taking their books to market with "buy it now" sales are still acting as though it's 2021, as if the rest of us don't know that the market correction is in full swing. I get wanting to keep the market flying high, but it's high time for a lot of people to take the clue to either adjust their pricing or wait for the market to pick up steam again.
they're in denial.
@@metsrus Yeah maybe there's a bit of that, too. I don't fault them for wanting to get top dollar, especially if they themselves paid a lot for a given book. But at what point does the reality set in that it's not 2021 anymore, we're sliding into a recession, and it's time to either drop the price or take if off the market for a while. Leaving it to rot does more to harm the book (and your reputation as a seller) in the long run, IMO.
This is all welcome news for the books I want to buy. But what if you're one of those people who recently came back in to the hobby, and just got their books back from CGC that were meant to sell to fund the grail purchases? Asking for a friend whose name is my name.
haha, I mean everyone's entry points are different. As long as you're in the green for a book, then its totally fine to sell IMHO (even if that means leaving some potential money on the table). Now if you're in the red on some books, those are the ones you may want to wait to sell (especially if they are books that have factors to get hot down the road - like a movie or something coming up)
Yup. I was buying MORE because of the price escalation, and now that CGC and CBCS has finally gotten around to grading my friggin’ books, the market has tanked.
And yeah, sure… for the books I wanted to collect, that is a nothingburger… but that’s about a third of the books I bought. Everything else, I am just taking a bath on.
I'm in the same boat ugh. I can't get anyone to buy my stuff even at a discount.
I am starting to appreciate just how vast the gap is between how easy it is to buy comics and how hard it is to sell them (unless you have a big social media presence, or are a comic shop). No one warns you about this! All good though, still having fun.
It’s all about when you enter the market. I’d be loosing some sleep if I bought spec/keys/grails last year during the boom. I just hope that those people will not panic sell their books - that will hurt the market even more.
I don’t think anyone who can afford to pay 50k or even 400k plus for a book is phased by the price decrease. They’re paying premium prices to collect. I doubt they’re looking to sell. Although, they might
Never buy a ticket on the hype train, it will almost always lead to financial loss.
The hype train should only be looked at as a time to sell but that’s a secret few in the industry like to share.
High end books like AF 15 in 8.0 can vary quite a bit based on how they present. All 8.0's aren't created equal and it impacts how much they sell for. Not saying that is for sure the case here but it's a factor.
Deadline is reporting that Marvel is developing a Thunderbolts movie. Do you think now is the time to cash in those Hulk 449’s?
How many people own AF15s? Most collectors own modern variant books that may never recover and now might be the time to sell. Too general
I don't care about the economy, I'm still buying and loving it. I collect what I like and have spec second. I have my daughter with me and she loves comics. People are too caught up in profit and forget to have fun.
So if you’re selling books daily on auctions in ebay do you recommend to keep selling or sell so I can get my hands on books that I actually want ?
no time to play in spec trash when silver/bronze blue chip keys are on sale... auctions on stuff like hero for hire, ff 48/49/52, ghost rider 1, spotlight, asm villain keys (esp kingpin), etc-steals out there.
I'll reiterate something that holds true most importantly for the collectibles market, something is only worth $ what someone else is willing to pay for it
Man I’m happy prices are falling, let them fall and fall and fall. I have many keys I would love to get my hands on 😅
Me: Hey, did somebody say Spring sale? 🤗
My wallet: Ah man, here we go again! 🙄
Mannnn that Black Panther is calling my name seeing those prices now
Swag, when comparng books you have to mention the page quality. Without that it's incomplete data and doesn't do the price comparison justice.
That is why I say forget about grading these books with CGC and the others and go Raw. prices are going insane for both Raw and Graded.
Yeah hopefully the RAW and CGC gap widens...I've been noticing for a long time people starting to charge CGC prices for raw books (which is why i've found myself with so many more slabs)
@@Swagglehaus The whole “raw prices for graded books” is driving me CRAZY right now.
The recession is very much nearing a full blown depression. We have already gone through more than two quarters of a recession. Hey Thanks Brandon!!!
Not even close. Watch a documentary about the Great Depression, or read a few books on it. Better yet, talk to someone who was alive then. It's an insult to use the term "Depression" when most of us live such soft, spoiled lives.
@@TT-fq7pl And your point.
@@anthonyperrone6008 That's right.
Nd that is why you always keep a rainy day fund. I’m going to a no name, under the radar, back water con this Sunday money in hand ready to deal. You wanna stick to 2021 prices? Good luck, I’ll head to the next booth. It’s a buyers market hands down. The panic hasn’t even began yet, wait until 2023 when eBay mails out those 1099’s. Happy hunting 😈
Recession until when?next term?
I think we'll be going into a strong depression before the next term.
I came across somebody selling books on comic connect like 2 days ago. I wasn't familiar with them, so I checked it out. I wasn't even sure if it was legit. The website looks like it was made in 1995 and never updated.
I'll keep waiting for ASM 129, Batman 227, and Batman 181 w pinup
It's like ETA NIck said (before he signed off 😞😞) a month ago..."DON'T auction books now. in this climate"
Great advice, ETA Nick is very smart...love hearing his perspective
Prices always drop during the summer
Not all 8.0s are created equal. Although that one does look pretty tasty.