Hake's Auctions Announcement | Jeff Jacob Selling His Collection | Repercussions for the Market?
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- Опубликовано: 30 июн 2024
- Hake's Auctions Announcement | Jeff Jacob Selling His Collection | Repercussions for the Market?
This video discusses the recent announcement from Hake's Auctions that they will be facilitating the sale of one of the largest private collections of vintage Star Wars action figures in the world that is owned by Jeff Jacob. What are the price repercussions for the market?
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PLEASE NOTE: I had to mute the music in the actual Hake's Facebook announcement video near the beginning because RUclips was going to give me a copyright strike. Sorry for the inconvenience, but just watch those 15 seconds in awkward silence with me. We can be awkward together.
lol
Love it 👍
I would love to have it all.
I had 72 of the original Star Wars figures graded in their debut card. Clear bubble a f a 85 Unpunched.
I never thought I would ever sell them.
But in 2015 a five acre piece of property became available in my hometown, and I parted ways with the collection for 120k..nearly 3x my money.
I bought that property and a 1971 Barracuda.
Biult My dream home on the property and still have the car.
Many of those bubbles have probably since started to turn yellow.
I still look at the pictures of what the collection looked like.. But my kids get to grow up in a safe, clean environment.
Miss the collection, but it was so worth it.
I still may look to snag a sealed ESB ATAT From his collection when one comes up. It's my favorite item!
Amazing!
Love the 71 Cuda!
Great video of the Jeff Jacobs collection. Everyone will want a nice piece of this amazing collection!
Thanks Mike! I enjoyed your video too!
Sad to see a collection like this broken up, just because it's so high end- was always fun to watch (and drool over) the videos of it on his channel. I wish him the best.
Couldn't agree more!
Absolutely amazing video of Jeff's collection. Wow just amazing.
Thanks for watching Cameron!
I’m already saving my money for this. His collection is unreal!
Definitely amazing stuff!
You have some very good points about the younger generations.
Thanks so much
Great and insightful video!!! I wish Hake’s would put these out on display when they get them. I am about an hour from York, PA.
I agree with you. The fact that there is a lot of it and it’s all high end which limits buyers at high end prices , could create a ceiling which pushes the 80s and 85s down. I guess it will depend on how many high end buyers are out there willing to pay those top dollars.
Hope you had a great week fishing!!
We did not catch much, but it was still fun
As to why he's selling, maybe it's a realization that letting go of the attachment to material things is much better for your happiness. It's much better to not want, than to get what you want.
He is apparently using the money to expand his custom home construction business, which is his main job, so it makes sense.
Wow that's amazing AFG.
Thanks for watching!
The persuit...great comment!
Thanks so much for watching!
Wow! Jeff's collection is frickin amazing! I love all the thought and work that went into building such a cool display room! I'm thinking hopefully a few cool items slip under the radar a bit and don't go for an arm and a leg. Most of his stuff looks like 80s and above on the grades. As you've said before that brings out the big whales. Thanks for the video, can't wait till January! 😀
Thanks for watching Dominic!
💪🤓 I agree. The hunt is fun as a collector .
Thanks for watching Geek Strong!
IMO it should reach close to 3 million or more.
IMO he has the best displayed in a collection.
IMO Gus Lopez has the best SW collection.
2nd Steve Sansweet.
😊👍
Thanks for sharing, Phil! I think you would probably know best as to the values, etc. Appreciate the insights.
Sorry 3 million or even 4 million is not even close. He has far more than just Star Wars too. His collection could very easily be north of 10 million.
Good point made 👌🏻
Thanks for watching!
Ohh shit, I’m going to have to re mortgage my house! He has an amazing collection a d I want it all!
Start saving now lol!
I think it will be interesting in 2027 when Star Wars is 50 yrs old. Will be interesting to see if it gives the Star Wars collectible market a spark or the opposite🤷♂️
That is a great point 👉
I think cards will continue to be strong as they take up little space and can be traded and shipped easily.
Star wars has another movie slated for 2025, Lord Vader sounds amazing.
The original will be 50 y/o in a few years and I think Disney will promote the heck out of it
Could be a time to buy
Thanks so much for watching!
I can’t afford a collect like his hit go I would love to see it. Someone’s to get the top collectors together for a toy museum. This stuff needs to be seen. I know I sound like Indiana jones
That belongs in a museum!!
AFG, I think you nailed everything pretty well. Us Gen X'ers are not getting any younger and Disney's overall destruction of the franchise is not doing anyone in the hobby ANY favors. I don't care what the "accepters of all Star Wars" say. But All good things must come to an end no matter what and for me it has been a fun hobby for 3 decades. I'm sure it is bitter sweet for Jeff to part with his collection but he's keeping all his loose stuff, so he will have some things to enjoy still. I'll probably hold on to a couple of my favorite things when the time comes for me as well. If anything the sale of this collection has probably made a lot of folks think about the future and that's a positive IMO.
Thanks so much for sharing, Kevin. I definitely have thought on and off about selling the collection over the last 2 or 3 years, but at the end of the day, I don't only consider the monetary side of the equation and I enjoy the pursuit. If I end up netting less in value for the collection in 5 or 6 years, I am totally okay with that.
@@ActionFigureGrader Agree 100%. I was lucky to get started when 12-backs were $50-100 at flea markets. Those were the days! I couldn't imagine paying some of the prices today, just like I couldn't imagine buying my house in today's market. I think it is best to collect because you enjoy it and what you get is what you get when the time to sell comes about for each individual. I worry for anyone relying on the hobby for financial hopes. I'm glad you point that out in your content and that's why I am a follower. Keep up the great work. Jeff's collection will give you tons of content for a couple years! LOL
@@kevinburks8664 I seriously doubt many are investing in vintage Star Wars exclusively as a retirement plan. If one is they are terrible at money management and don't know what they are doing.
@@Gichie79 I hope you are right!
Great video John and I am Honestly not surprised that he selling the collection . He doesn’t need the money as far as most of us can figure. I have spoken to him in the past and purchased on some of his auctions in the past. I always got the impression that he did it for the pure joy and he had the means and the money to do it. Bottom line is as we get older we are down sizing and I think that’s the bottom line. He probably doesn’t need to monster home he owns but as you stated John I think it’s absolutely the case that Star Wars collecting is dying faster than I think people realize. This generation isn’t into this also the fact is Disney Star Wars has killed a lot of the hobby with the content there putting out. That’s the truth of it. Whether it’s going to be a game changer in the market I don’t see it. He’s selling ones of items it’s not like he has 6 Vader 12 backs ect. This will be a big physiological effect if anything. Many will start questioning the collecting market and whether it’s worth holding also the big elephant in the room is the economic environment and with many seeing very hard times ahead as we look to be at the beginning stages of dark times. When the housing or banking or stock start crashing you will then see market saturation and that could also be a factor that Jeff is putting into it.Especially for what he does for a living he probably has info that proves those hard times. Either way it will be interesting
He is definitely a good dude with an amazing collection. I hope the sale goes well.
Happy 4th of July John. I bought my fireworks this past weekend and I'm going to have a great time. Yes, I did mentioned this to you last weekend and I was just blasted out of my seat. I watched a RUclips video by Unusual Mike and I was just amazed at his collection. And none of them have been AFA or CAS Graded. I heard he's selling his collection next year. If I won the lottery, I would buy it in a heart beat. I wish he would have a tour of his collection in person. Of course, you would have to pay for admission. However, it's worth it. I have seen it on FB and I like to join his site. I was blasted on the Revenge proof cards. I agree that he waited until next year to sell and doing it one at a time and not do the whole mother load. If I have this type of collection in terms of storing, I would buy or build me a storage facility, barn, etc and convert it into my private hobby room. I will call it, "Scott's Star Wars Collectable Fortress". I came up with this name based on Akira Kurasawa's movie, "The Hidden Fortress".
Thanks for watching Scott
Is Jeff Jacob the same guy from Jeff's Collectable Empire on eBay, right? You're so correct about the interest from our generation. Next generation likes it, but isn't going to collect for the passion of it. Probably be some because just like comics from the 1940s, people still love to buy and collect them. I was thinking about it more down the road too of selling. That's only so the wife doesn't have to deal with it later 😂Thanks for the updates 👍
Yes sir, same guy
How do I find him on eBay?
Idk how to search for a certain seller, if you happen to look at one of his items you'll see the seller, jeffscollectableempire, then click on see seller's other items 👌
You should give half your collection to each twin, and document the whole thing as a grand experiment. ;)
Haha that would be something
John, do you think Jeff would come on your brillant channel for a Q and A ? People would love to know what hes keeping, whys hes selling, favourite item, hardest to find...etc
Probably not honestly. He and I don't really know each other that well. I've bought from him many times, but he is a busy man and probably doesn't give a shit about my channel lol
Jeff is keeping all his loose stuff and AFA graded loose stuff. He said this and showed it as well in a recent Facebook video he posted.
Maybe Mr. Jacob should do some "giveaways", too! That would be exciting! Maybe like a raffle, where you spend e.g. $10 and the proceeds go to a good cause! (Tri Logo Luke Bespin or ERG, wink wink wink!)
Haha no he sent it all to Hake's already so it will all be auctioned off
Damn dude should just do a museum....
Thanks for watching!
So you’re telling me he really liked the Acolyte?👀👀
LMAO!
Jeff said in a Facebook comment and in one of his videos he was going to use the money from the sale of his collection to expand his home building business into the state of Florida and expand more in his home state of Colorado.
Great info!
I agree with you 100% this new generation is not going to want to collect they're not collecting already and I think star wars collecting and any other is going to fade out
Thanks for watching Joe
I wouldn't say that with 100% certainty. It has higher probably based of foreseeable market trends, but that is it. Everyone and I mean everyone says it's an absolute that Star Wars and toy collecting in general will be dead 20-30s years. They all give the basic yada yada yada reason why. However, events rarely ever play out in the mass consensus way the public a large perceives them too. Prime example is why the 70s/80s star wars toys are worth big money and the 90s/2000s are worth shit.
Any word on whether they will auction off each item individually from Jeff’s collection or do it in grouped lots? I assume individually but we’ve seen other large collections get sold off on grouped lots.
I would be shocked if they are not sold individually over the course of the year
How did Jeff make his fortune? Just his display room is worth more than my home and financial portfolio 😅
He is a custom high-end home builder
As we collect and have been in the game for decades and the amount we collect becomes to the point of “is it time to let go”?….We get older and then you start to think about using that money to fund your life instead of putting towards more “stuff”.. I always go to Hakes to find treasures and go after what means to me the most that fits my collection and always in it to win attitude. But as we see this Star Wars collector is doing I think we all will one day come to the cross roads. As the story goes can’t take it with you.
Well said and very true.
Noob question : Is there a bio about Jeff Jacobs? I mean, was he a tech billionaire before building homes or something? Because that is serious money right there.
No I just think he worked his butt off building homes, running a toy business, etc. He is a good dude.
I'm old, Ha...been through this in many other collectibles, this will do Great things for the hobby! #1 it will expand the hobby, #2 it will drive prices on tons of stuff higer! (Quality items that is) Only a small part of collecting vintage is based on people watching or enjoying the new Star Wars, me included. I watch nothing new, I can't stand anything new.....and I still collect heavily!. Vintage collecting in Star Wars as far as values, is just at the start, you are all in for a surprise, 12 backs, Empire, Jedi, POTF, are as low as they will be. Things got out of hand some new collectors during covid jumped out, prices went to high to fast, yes it happens in all things, and the trash stays down but the quality rises again.
Just look at some of the comments, like people are going to save up, people are already excited, this is really GOOD for the hobby. I remember 20 years ago, 30 years ago, people in comics going OHHH no so and so is selling everything!! it's over! Well guess what it was opposite, it created more hype, brought in new blood and quality went up. 30 years ago experts even said comics were done! sell you silver age, golden age, kids don't collect comics, get out now! Guess again, didn't happen, I'm still honestly amazed new books sell at all, but old books? I knew they would continue to break records.
I'll leave you with this, buy hard to find, high grade items and only TOP tier characters, not hype on new characters, not baby yoda lol even in 9.8, not even the Mandalorian, Buy VINTAGE.. Luke, Vader, Leia, Empire, Jedi, POTF, buy Superman, Batman, Spiderman, rare golden age books! not Eternals, not Dazzler, not Modern books with 5,000 9.8's soon to be 1,000 9.9's, LOL. But most of all buy what you LOVE first, never follow the hype.
And Jeff, He sells, he sold his multi packs, you know what he did later? You all know, he went and got them again! It's boring once you own it, it's the HUNT that drives us, once we get it...ho hum. He will still collect, most likely he already has doubles of what he loves, I'm thinking he expanded into so many areas he wants to use that basement to show a more wide range collection and not 8 variations of a single figure or just Star Wars.. Oh and he knows this is good for the hobby, his name will add extra $$$ for sure, he knows that.
In the end it doesn't matter why anyone sells, turnover is good, if nobody sold the market would stagnate, out of sight out of mind. Yeah that basement is AWESOME...BUT it might be getting boring to him? I must admit, I like to sell and go after bigger game, higher grades, or something I don't have. We all are going to want a piece of this, so Hey, stay away from what I want. Ha Ha,...
Great comment!
well I'm hoping those 75 and 80's creep down , that is where I live now, I'm not collecting for investment.
Thanks for watching Jimmy
Prices have been crazy high on those grades. Even 70s and some 60s are a bit nuts.
Why is he selling it?
He is expanding his custom home-building business according to a viewer that saw some comments from him on Facebook.
@@ActionFigureGraderI see. That surprises me as I thought his original plan was to eventually create a museum with his collection and maybe join with other collections.
Sometimes it's about the hunt and when theirs nothing left to hunt, time to move on.
Yep exactly so
Hope it brings prices down overall for graded stuff
I sort of do too to be honest. It would be nice to grab a few to fill holes in the collection.
I actually see the sale of his collection pushing prices up honestly. A few pieces might go down, but overall prices will go higher. Many don't factor in the economy is strong for high net worth individuals and going into 2025 the economy is likely going to be even better than it is now.
John, you should do a giveaway for guessing the total value of his collection when he sells it 😂. What do you think £1million+
Oh it will be multiple millions easily.
Just the special action figure sets he has will be a million plus!
10 million+ likely. He has a lot more than just Star Wars. His Transformer and GI Joe collections could each bring a million separately.
Top Video. In my view, 2025 will mark a point of global collection. Positive or negative; although it's impossible to say whether it's good or bad.
I think your analysis is good; it shows that serious collectors cannot avoid this fact in 2025. It has already started to be discussed worldwide and every collector will have their own thoughts.
Thanks so much for watching Marc. Combined with what I expect to be a noticeable slowdown in the economy in late 2025 or 2026, the results from this sale will be interesting to watch!
If I had millions I'd offer him 8 million for the entire thing.
He has a nice collection and everything will go for a premium to other collectors that have a lot of money. The auction is not for the regular Star Wars collector. It is way to bad only the well off will enjoy this.
Definitely not for the average collector, but plenty of items are available across every price range on ebay!
You and everybody else lol
I thought Steve Sanweet had the top collection. I’m fine with prices crashing, but I don’t see it. First, Star Wars is still relevant. Second, I don’t see baby boomer era baseball cards plummeting. Fans can appreciate vintage, even if they didn’t have it when they were kids. Even if you assume prices will crash, you then have to choose keeping items for yourself or cashing out to leave as part of an inheritance. I will say, I have sold most of my once large 1995+ collection, just saving a few high end items here and there.
Thanks for watching Nathan!
Disney has ruined Star Wars, so it's wise to sell it.
I think he needs money. Having nice things doesn't mean you have cash. Could be heavy in debt. Who knows.
I assure you he doesn't need the money. He is a multi-multi millionaire lol
@ActionFigureGrader many millionaires file for bankruptcy. See it all the time. Lottery winner and actors. You never know someone's situation.
Just shows u its all just materialistic. U cant take those toys with ya. Most of u are gettinf old. Not many years left.
Well I think given the size of his collection, money has to be a consideration. Most collectors, including myself, don't really worry about the long-term value of this stuff, but with just the amount of money he has tied up in this collection, the material aspects have to be considered.
I think he's going to loose a lot more than he spent from what it looks like to me market is weak.... Trust me he knows when it's time to pull out....
I doubt he loses money man...he started this collection 40 years ago
Ya that makes sense haha that would be a great comparison to see if it was actually a good investment but hes definitely getting out at the right time@@ActionFigureGrader