I'm Selling My Entire Personal Comic Collection
HTML-код
- Опубликовано: 1 окт 2024
- Please SUBSCRIBE, TURN ON NOTIFICATIONS, LIKE, & SHARE. It is much appreciated! Thank you!
Instagram:
/ loveangelesmusic
Email:
David@CollectorsComics.com
Website:
www.CollectorsComics.com
My Music:
Spotify:
open.spotify.c...
Apple:
itunes.apple.c...
RUclips:
/ loveangelesmusic
Sponsors:
Ebay Affiliate Link :
ebay.us/jEDf61
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Bidenomics, wars, shifty woke movies.... lots of variables add up
This is terrible news. I’ve been there before. It’s like a never ending cycle. Having to sell books that I love, just to pay the bills. Wishing nothing but the best for Thomas and you in the near future.
Dumping his bags on us!😊
I’m saying in jest guys. Love David.
I’ve never had to sell books to pay bills, I have a job that supports my hobby and my life style
Marvel is bombing at the box office and he's panicking. He's going to use his fans and popularity to fund his escape to whatever he does next.
Def but this is a different scenario. We have jobs & this stuff is our hobby, this is his actually job on the line & what’s scary, after he sells all of his big stuff, he won’t have anymore to sell for money
Sorry to hear about the difficulties. I admire what you and your brother are trying to do and have been supporting the business as much as I can. Keep going. You will be successful.
I honestly don’t think the worst behind us. Technically we haven’t gone into a recession but that’s still on the horizon. The collectibles market will dip further with MCU not inspiring speculation and most casual collectors leaving for greener pastures. I see I further 20-30% on most books. Not to 2010-2011 levels, but to 2015-2016 prices.
I agree! We are in for a ride untill the chaos in our Country (economy),( politics),and fight for next (election) is over, and we are 6 months in with new President before anything will turn around! Specing on Movies is worst reason to buy a comic book! Buy what ya want, what ya like and what ya read! And Im going to keep buying all the books that have been so overpriced for past 3 years...I love the market, and Im in long term!
i believe you can't tell if you are in a recession until its over. we are probably in one now. inflation has slowed, the fed is going to start lowering interest rates many times next year supposidly.
Sounds like great news. No recession and prices of comics returning to Earth. How are these things a problem?
I respect your dedication to your website. However, I'm not sure I agree with this move. You need to really ask yourselves where your website fits into the market with all the new apps and newer methods of buying, as well as already established auction houses. Maybe do the minimum to get bugs out of your website but as far as it reaching it's full potential, it may not be worth selling off such valuable books at a low point if the full potential of your website will still fall short of your expectations. Good luck in any case, I always enjoy your videos!
Websites are worthless nowdays! He should have sold a few books Hulk 181, or a Giant Size X-Men when Boom Hit! What were you waiting for? Now you are going to fllod market? GOOD!! Maybe prices will come even lower on those rediculously priced books for people like myself who work hard for a living and dont have funds to buy a Hulk 181 in a decent grade! I know I been buying books for past year and will continue to take advantage of all the cheap sales and keep my eyes out for nice Books youn have hoarded on the cheap...or cheaper..lol
Just speaking from reality here on planet earth, disabled and wheelchair and on fixed income I continue hearing you say I seen this and well I got it I like that and I got that well. I got this and I got two more I don’t know man sorry like I don’t know you maybe my opinion will change, however What I say doesn’t matter and you don’t have to take it with a grain of salt. However, my advantage point sounds like you’re spoiled and had something handed to you and you’re losing it, move on.
When I started my business a long time ago now as I am retired, I had to sell off things from my personal collection (my business was restoration of vintage pinball machines). It sucked, but it enabled me to fund my business. Over time I was even able to get back the machines I sold and ultimately I ran my business for twenty years before retiring. You are doing the right thing for the long term. Best of luck.
Books going up because of movies never made sense to me. It’s just comic book buyers not new fans fake inflating the value.
A lot of people who invested heavily in formerly blue-chip comics in 2021-22 have lost thousands; in some cases tens or hundreds of thousands. It's not just a matter of 'course correction'. The reputation of comics as a solid investment is ruined. Having said that, I think there will always be interest in quality, affordable comics (by Neal Adams, Steranko, Wrightson, etc).
Correct, a lot of generational wealth was lost. Also, a lot folks came from other markets such as sports card collectors. In truth, it was all by design. I would 95% wont hold the comics for the long termbnot 20-25yrs.
Comic book collecting and running a business are definitely two different things. Business cycles can create stress and issues. Collecting and sticking books away and not getting too excited or depressed when prices change can go a long way.
Not exactly the best time to sell!!! I would hold until interest rates improve, its also a election year, always a time of financial uncertainty. Unless you have paid good prices in the past, which I know you did. But if undervalued, since the market is in a down turn, and you got rare stuff, they should sell quickly, but buyers want a deal, they want to pay below market value, otherwise, as a buyer myself, I will just hold my cash. Just my stupid 2 cents. If you really need the money, then I guess they gotta go. You can't eat paper, well I suppose you could, but ya know what I mean, good luck, and I will be looking into perhaps making a deal on some of these if you're open to it.
Pretty sure he needs cash flow immediately and can't afford to wait until 'the time is right'.
The best think I liked about following up is the lack of attachment to the books. Helped my collecting a lot. The lockdowns Def pumped the market but the drop is also due to the woke garbage marvel and dc movies that keep bringing out. No one really cares anymore.
Hope ur still having fun with comics and will continue ur videos..Best of luck moving forward!
Don’t do it.
History repeating.
Remember Dad’s collection.
A life full of regret beckons.
sorry to nitpik - with that Batman art piece - you prolly mean "credited to Bob Kane." Not actually Bob Kane, we dont know which poor sucker in the mail room drew that loll
Good luck Dave, move the hell.out of California already. Ill be looking at those ASM 238s
Thanks. I like it cali though. The weather is so nice. Currently 70 and Sunny for my morning walks with my dogs. I love it
Been there my friend, had 2 long boxes of comics, Dad died in 1977. Had to sell my comics and gave the money to my Mom to pay bills and buy groceries. This was around 1982, the comic book store in Bloomington, Indiana gave me $300, today a handful would be worth $300.
Today I have started collecting with my son.
I remember talking to a local gold/silver dealer a few years back when the precious metals market was dropping. He said the market being up or down didn’t really matter as long as you had a quick turnaround. I think that will have to be the way many comic dealers weather the storm. Work on smaller margins to keep the inventory flowing.
Smaller margins, exactly. Too many people were counting on doubling their money within 6 months.
I wish 😂
Yes I’d say I get about 20% margins on average. Usually when I buy from people depending on the book I pay around 70-80% of fmv. Unless it’s a smaller book or hard to sell. Then it’s less. Then i got selling fees on top of that
With a web business, I would get out of California, Save on taxes and the cost of living. Hope you do not have to get rid of your entire P.C. and can have some to retire on.
I thought you bought collections. The money is in the mid tier books. Focusing only on big books, particularly non blue chip, is generally a losing proposition.
I had to sell my house and move in May. I was forced to sell a few keys and got killed. 😥
You will be on the next level with your service. Blown away with your collection Dave. You are an exceptional individual. So talented as well. You should have a record contract!!
No shame in doing what you need to do. Proper adulting! Looking forward to your future auctions. It’s a quality service I’m glad to see you’re continuing!
Only buy the books you love! A comic and/or collectible is only worth what someone is willing to pay for it. When you're buying books over $1000, $5000, $10,000, you're getting into luxury territory. It's like selling high end Tiffany jewelry, the amount of buyers slims down immensely. Speculation is only for those that have FOMO. Prized comics like FF#1, and the others you've shown should be keepers because of the time & money you spent finding them. All the others can be sold, but at the right price a buyer is willing to pay!
The collectibles market is tricky. I deal in art (collectibles) and original comic art so it's a bit different since each piece is one of a kind....and NOT gradable per se......thank heaven, as I HATE grading companies and how they rip people off. Counting on collectibles to be your retirement is VERY tricky and risky. Hate to say it...but invest monthly in mutual funds (like a good S&P500 index fund - some funds gave out some decent dividends and long term gains this year) for retirement. We are all guilty of counting on collectibles to fund our retirement...but honestly, you shouldn't really do it. YOu will make money...more than likely..but maybe not as much as you think....OR need.
The one thing about collectibles is that they are NOT liquid. I guess the last thing I can only suggest to people, is DON'T get caught up in a buying frenzy as during the pandemic.....buy NOW when things are low. But if things get nuts again....and prices skyrocket...then consider selling.
Duplicates I can understand; investment purchases, yes. But some of your personal faves? It's too painful to watch. Another victim of a horrible. Economic system ambivalent polticians refuse to repair! Well wishes to you and your family!
i couldn't finish watching, just can't stand hearing stuff like this, so maybe you addressed it, but if the market is down , why sell now? your obviously not into comics for any other reason that monetary value so it's just bad business to sell low. is it costing you money to store these books ? that's the only thing i could thin of to make you sell books you obviously held to get max dollars. maybe just start buying stocks and leave the comics to the collectors!
Wake up.. the website will sink you. Sell your stuff, buy a mirror. Take a good long hard look at yourself, break down what went wrong. Oh the markets did this or did that. It's plain to see you overstretched yourself, buying countless copies in the hope of big profits. You overpaid and overplayed the speculation game. Only one winner dude. Stay small. The fact that this has happened at all should come as no surprise. To enter into business without the knowledge of overheads,fees, shipping etc... should tell you something. Dust yourself down, take stock, re brand, re build. This is a bitter pill indeed. Good luck. I feel your pain.
This is terrible, you have a stack of comics that you bought for $200 each that you will make 20× the initial investment on, that most of us working people could only dream of adding to our collections 😢
Hahaha. I wish I paid $200 for all them. A lot I bought at the high of 2021
@ComicBookInvestments I must of misunderstood, my apology, I thought you said that in 2015 you paid $200 per book of 181 and 129, while flipping through the stack, than said, you guys know how many I have, we already did a video on this. 😀
lol comic books are a TERRIBLE investment
Dang, now seems like the time to hunker down and HODL. I have a bunch of books I want to sell but it seems like the market is forming a bottom. Thankfully my work is outside of comics so I can wait till the market rebounds, but I totally understand.The comic community is lucky to have you
I came here to say the same thing. It’s definitely a buyer’s market now.
Have patience...WAIT and HOLD. When the market is tanking....start buying on the low. Been doing that with mutual funds for years...and it pays off. Don't sell until the market is at a high OR unless you absolutely have to. Paid for my son's education with mutual funds. I primarily deal in art so maybe it's different because of what I deal in...is usually one of a kind or near one of a kind.
No one seems to be telling you not to sell, so here goes. Don’t sell. No one can know where prices will go, but selling low and buying high is not a good recipe. Earn more to save your investments, don’t sell your investments to earn more. Now feel free to completely ignore me, just had to say something.
Hulk 181 is so overvalued. So much more inventory is going to hit the market. Look how many copies he has and think of all the other dealers who hoarded copies.
how much are you selling the raw Hulk 181 for?
The storm is long from over.
How much for the spiderman statue.
Try to take out a loan, don't sell your collection off at market lows.
I'm not in the business, just a collector. I buy books to keep, not to wheel and deal on the open market or to some day pass them along to some uninterested, ungrateful relative. I truly believe my collection will hold its value more if it's buried with me, because it will never mean as much to anyone else. But I see the look on Dave's face and boy do I know that feeling. I had to sell my meager collection after graduating from high school years ago and though it wasn't much, it included some gems like a complete run of the Silver Surfer, Hulk 181 and my John Byrne X-Men. I would walk from store to store only to get reamed by shop owners. One in particular went on quite a tirade saying "I got a ton of X-Men in exactly the same condition. What makes you think I'm going to pay top dollar for more?" All he and the others had to do was say he wasn't interested but they used this attitude as a tactic to get me to sell for pennies on the pennies on the dollar, which I was desperate enough to do. Years later I told myself if I ever get back to collecting it won't be for the dollar value per se (it never was even in the beginning), but for what they mean to me. For those on the business side of things like Dave it's rare for collectors like me to see the human face of these price fluctuations. I have total empathy for what Dave is going through, and I like many other here hope everything turns out well for him in the end. And just in case anyone was wondering, recently I got back into collecting and have vowed to purchase back every book I sadly had to sell all those years ago. Dave, you too will weather the storm. A great guy with a great attitude will always have a spot in this unforgiving marketplace.
Based and comic pilled chad
You're all about investment, Dave. This is just another lesson that you're teaching us. Unfortunately this time it's at your expense. But this is proof that nothing is guaranteed in the world of collecting & investing & this is why it's a wise decision to invest in comics. You have a bad financial year... don't worry, dump some books. Get back in the green and re-invest. And the world will move forward.
Best of luck with the sales. I hope you get what you need 🤘🏻
Although it tears me apart, I have sold many books recently too. Mainly because I need some cash, but also, I need to reduce my inventory and manage what I have. Been collecting since 1980. I usually sell what I no longer care about. I sold a short box of slabbed Clayton Crain books because, well, I was no longer interested in his work.... What sucks is when you sell something you love, like an 8.0 ASM #14. Those hurt. Good luck man.
We're all pulling for you and your brother's business. Stay strong my brother.
God bless 🎉 you got this. Just keep pushing through. Love your website and auctions. I'll be back supporting you as soon as I can too...2nd baby is taking its toll on my hobby lol
Honest appraisal of the situation, comic book market has certainly taken a massive beating. Your work ethic and belief in your future direction deserves to be rewarded. I wish you the best and i very much like your content. 🙂👍🙂👍.
I would keep af 15, sell everything else! But yeah, comics are near worthless these days, i wish i hadn't gone crazy with grading a few years ago bc nothing moves and i put all the grading costs on credit and still paying that shit off😢 ugh another casualty here. Surprised comic shops even exist now
I wish I could keep it. But I got to sell it to keep on pushing my website forward. Not sure how comic shops survive. I know a lot of them are struggling right now
Never before in history have mega-bluechips like AF#15 halved in value. That was a fool-proof investment for almost 60 years, but no longer. A ton of corporate-level investors who bought in 2020-22 have taken a bath to the tune of tens of thousands of dollars. They won't be back buying comics any time soon -- the ones who aren't jumping out of windows, that is.
Yeah, but all those investors who paid quadruple the real value are FKT. @@richardolney1822
The comic book industry is still dropping..... Just like my collections 80% price down.... Reality bites...
Comic books shouldn't be investments. I'm glad the market corrected so that people who couldn't afford these amazing books can get their hands on them.
I’am glad you guys started charging 5%. It’s a good service and we want you to succeed.
You must have 150k+ worth of stuff just in that little amount there. There is still money to be made in this space especially if you buy and hold. Best Wishes and Much Love!
He went all in and is beaten!
I haven’t finished the video yet, but with that many copies of multiple diff key issues, do you actually have to sell everything? A portion of this wouldn’t be enough to fund what you need to do?
It does seem like excessive overhead. I get holding on to solid rare stuff but it looked like a bit or hoarding.
5:52 This. I was at a show recently where a few dealers were selling Marvel SA books -- nice books, but Marvel SA -- priced at 2021 or up to mid-2022 prices. Why should I, as a prospective buyer, subsidize the dealers' current loss on the books? Or it could be that they're hoping some idiot that has never heard of GPA or eBay sold items or GoCollect will buy it at their BIN price. I realize that -- at least in my opinion -- the Woke Nonsense phase of Marvel Studios is going to have to come to an end if the studio is ever to make really big money again, and eventually Marvel SA books will bounce back up in value as the quality from Marvel Studios improves in the last half of this decade. But, to those sellers pricing material today at 2021 or 2022 prices, I'm not subsidizing you.
Yes as a dealer you just have to learn to take the loss on the chin and move on. I see that alot with high prices. Dealers are wising up and moving their prices down to what they are actually selling for. But some keep them too high
@@ComicBookInvestments On the good news front, the Dolphins are 10-4, so there's that.
Dude. You're crazy for selling those at a loss. I would never back down on a price, even if I were homeless. You will be kicking yourselves later for selling those. The prices will rise again. I would just sit on them no matter what.
I know it will rise again. But I gotta do what I gotta do
@@ComicBookInvestments I hear ya.
I appreciate your honesty about the market and most of us collectors have been where you at including your dad I’m sure. I sold a majority of my comics a few years ago and bought art but may get back in the market if prices are reasonable again.
They are defiantly reasonable again. Back to where they were pre 2021
Buying duplicates isn't what I'd call a personal collection. It's too bad that you are selling copies that you have. Imagine if you sold a HULK 181 and you only had 20 copies left?
Boo. Hoo.
*_Why would you sell HULK 181's and Giant-Size X-Men 1's Raw?_*
*_At least you have stuff to move when the going gets rough._*
*_MARVEL would be complete IDIOTS if they did not have HULK in a scene with Wolverine in DP3._*
*_I mean....it is the 50th Anniversary for this of the most important events in Comic Book History; HULK 181._*
*_But then again, I did guess correct what DP3 was about, that it's "DP Kills The FOX Universe". I mean, they have not confirmed it yet, but c'mon...._*
*_And then after DP3, DP enters The MCU and talks about all these Mutant characters, and then maybe someone goes "hmmm...lets bring them into our Universe"._*
Im a retired Banker, got back into collecting before the Covid rush early 2020. I say prices can still fall another 40%-50%. Stock market pushing all time highs, real estate still attractive. There's just better opportunities, in safer assets. Not to mention Bitcoin, Gold, and Silver..
A lot of comics are back near their pre comic book boom highs. So I don’t anticipate anything close to 40%
With all sincerity, I am congratulating you. In your video you point out that many newer dealers couldn't survive the unprecedented economic environment. You did. You are a survivor and were able to use your experience and wise stockpiling of key issues to provide the cushion you needed exactly when you needed it. The market has cooled to its long-term levels. You survived the last few insane comic years and learned from it. You will rebuild, prosper, and accumulate that retirement cushion faster than you think. All the best. I love your channel & I will check out your eBay listings.
Thank you! Yes it has been hard but I think we are getting out off the woods
Awesome collection bro. I have my own reselling business for a few years and I had to do the same thing. I think everything works out for the best. Also we have very similar taste in comics. Thank you for sharing.😊
I’m sorry to hear that you’re selling your PC bro, but I understand. Oftentimes, we have to do what we got to do in order to get to where we want to be. I wish you all the best going forward my guy! 🤜🏾🤛🏻
Sucks man. I've had to sell many things in my collection to help myself or others out. I have a couple graded copies of Crime 22...if you're ever interested. Reach out. Love your content and I will most definitely be using your consignment on your site in the future. You will do well! I know it.
You have to do what you have to do. I believe that most people in this hobby realize that there may come a time when some, if not all, of their collection must be sold off for their own betterment.
I’m in the same boat. I have an ASM 129 in a 9.4 and Spider-Man 1 platinum in a 9.8 and Spider-Man 300 in a 9.2. The problem for me is I don’t want to sell on eBay or any delivery method bc I’m afraid of scams or the legwork involved. I’m basically talking to comic book shops that are giving me 40-65% of recent sold data. I should have sold them in 2022, but here we are. In 2022 I was offered $8,500, for all 3, now I’m being offered $5900. Should I take it?
Classic though. People often ask me, how do I get my inventory, and I've told them: DDDR
Death
Divorce
Devastation (such as large bills or financial need)
And the one THAT is GOOD - IS THE "R":
Retirement
Those are the 4 things that bring great stuff out to the market.....unfortunately 3 of them are BAD. The one thing I will say to collectors, IF you have to sell - DO THE RIGHT THING with the proceeds. Don't sell everything and hop a plane to Las Vegas. If you use the proceeds to pay down your mortgage, or eliminate debt, or pay off general bills, or use it for college costs - these are ALL good things. Hell, I sold my old toys (I'm 59) at flea markets to help pay off my house early (in 11 years). Paying off my house early allowed me to save for retirement and pay completely for my son's education (so he DOESN'T have any debt and can start off life CLEAN). See the "domino effect" (some call it the butterfly effect..but whatever) . Bottom line - It all began with just going to the fleas and selling off toys I didn't care about anymore. I"m still doing it and in fact, my son is having me sell some of his old toys...
I still work and buy collections and sell on eBay to build my pc. I’ve always bought the unwanted collections like complete runs. I’ve tried the big ones but they’re always a risk so I just keep them. I’m luckily still doing well with the cheaper stuff but it definitely takes longer to move now. I feel yer pain brother my big books have taken a hit as well.
I think the dropping will continue. MCU is almost dead. The DCEU is dead with aquaman 2 which was just horrible and the effects of the pandemic are getting worse. Its just not a good time for collectables. Hopefully things change in 2024.
Hard times, indeed. Dang Bro, thought you’d become a savvy computer programer and handle your business site yourself. But my question is, is there a layaway plan? Thank you for your content and best wishes in your endeavors.
Too bad you are selling your pc, but you are staying in business, and thats a good thing, lve followed your channel for a while, you guys are honest and great for the comic collecting community. Moving forward, l wish you the best of luck.
Considering hes probably been buying CONSTANTLY for years im going to guess his avg cost basis is quite low and that Dave is going to make a killing. Honestly not a bad move despite what many folks here are saying.
Remember, the 2/10 yield curve is inverted, which has called the last six recessions.... in a row... without fail. Just food for thought 😊
Secondarily, hes probably starting a family soon...
you are correct on both fronts. I've been buying most of these books for years like i said in the video, some of these hulk 181's are bought back in the day for a couple hundred dollars. Its what I have to do to push my website to continue, it is what it is
@@ComicBookInvestments don't pay any mind to the haters, Dave. You're successful and where you are for a reason. Cheers brother. 👍
Hate to say it but if the 2024 Election ends up with a Democrat in the whitehouse We are all going to wish we had our $$$ tied up in Precious metals or Bitcoin, The USD will continue to just melt.
@@rbruggeman7722 the white zombie in office now might not make till november 2024. he should have been in jail a long time ago!
sad you gave up on your hobby. but we all move on. buying generators and gas cans? maybe a tent and a fishing pole and a kayak?
I predict house or baby! 😂
already got the house, but hoping soon on the other one
@@ComicBookInvestments good for you!
@@ComicBookInvestments
😂😅😂SO BASICALLY YOU LIED WITH CLICKBAIT. GREAT JOB SHILL YOU EARNED MY UNSUB.
@@YasilTorvanna what did he lie about clown?
So right now due to inflation the cost of living is too high foe most normal people so they are selling investment things or just stuff and this is making TOO MUCH STUFF TO BUY .. it's not so much comics are going to crash but it's more so the whales are diversifying.
I suspect you are too concentrated into comics and collectibles and you need more stock / realistate/ food businesses (chain) etc. Etc.
Paper hands
Are comics dead? It’s not like anyone reads them. And God knows Marvel is horrid now!
I can see how difficult this is for you dave. Taking a big risk selling your retirement collection to fund your business. I sold my collection to buy my first house so I know the feeling. This will work out for you and you will start a new personal collection for the future.
You'll get through this, and be a lot wiser for it. You'll be able to build on this, and because you have a clear goal in mind, you'll be fine. Sure, it won't always be roses, but at least you know when to regroup and move forward. All the best, and I look forward to more of your videos.
I sat on some very solid books that I should of sold back in 2021 and as much as it sucks that I didn't, I realize now that it turned out to be a blessing in disguise. The road ahead is always more difficult than the one behind us. There may come a day when a lot of these books recover but the truth that a lot of them won't. You'll have to make the tough choices now but in the long run books like AF#15 will never be a bad investment.
I think the hard truth is alot of these books will either: never reach those prices again, or take so many years to get there that it's not worth the wait.
When it comes to your kids always be the more loving one. But your job and income should always be the more loving one.
It's just a drop in the movie popularity that's a big cause of this. Most movie fabs have left the spec market now and probably won't come back unless the new crop of movies in the next couple years reinvigorate things. It might but it won't be nearly as good as the first time around. The RDJ effect is now gone. You can easily restart collecting again with the lower prices. It's all good.
isn’t it the worst time to be selling? do you really need to sell so many of your books, i mean the af15 alone should be enough to buy you some more time. it seems to me you are in the despair phase of this cycle. which actually gives me hope that a recovery is on the way. cheers and good luck.
Yo bro. You look really disappointed smh😢 the market will correct itself. I’ll buy them all at 50 cents a piece. I still appreciate old paper and good characters. I may be the only one and that’s fine.
Yah when you're a dealer essentially you're a market maker and have to buy on the way down as well as up.
Nice lesson to everyone who thinks they can make a living buying and selling collectibles. The people who sold in 2021 were the wise ones. IMO, have a real job, then do comics. Then you wont find yourself making a similar video. Enough with the fees bitching, you knew that going in, and gladly bought in 2021. That said, as a comic fan, I do feel for you, but not that much. Your own fault, when its all said and done. And yes, as you say, you brought alot of people down with you with your greed driven recommendations. You'll wind up on your feet, dont worry, lesson learned. Perhaps your video will elicit the sympathy you want/need to sell the shit you paid too much for. Bottom line, you just wont have as much much money as you convinced yourself you had. Welcome to the real world, dude. Glad to have you aboard. And, sincerely, thanks for sharing with the other supposed entrepeneurs. Good video.
When the comic investment channel guy is selling his comics because they were bad investments that’s not a good sign lol.
And this is why i buy only new comics and grab bags 4 for £2 because i can fill 16 boxes with some ebay for under 10k.
i like colleting stuff one down side is space, i wouldent mind buying comics, cards and toys. the space is a killer for me plus getting older for me to move a collection of 100 boxes 200 boxes from one room to the next then to go and sell it to break even or take a loss. then to keep on adding to the collection taking a chance of it getting damaged.
A lot of solid books. I’ve bought from you before and nothing but a great experience. I see why people would rather just consign. No risk, no overhead. Even seeing my own collection take a hit sucks, couldn’t imagine it being my buisness. Keep pushing through and I know you have people in your corner like your dad.
Comic value goes up and down over time. Treating them like collectibles is what hurt the industry as well as new comics sucking and turning away potential new buyers. Then you have the graded stuff that charges more. It was bound to pop the bubble eventually. That can turn off the next generation from even attempting to read them. There ends the whole business because nobody wanted to share.
Have enjoyed the channel. Hang in there bud.
Silverage books got way over inflated by movie hype atomic age books were way undervalued. During the movie hype and the golden age books really should always be worth more in general your seeing the market correct now.
Damn guy your collection is worth a lot 💰💰 how can we shop for your sale
Well it is what it is. Not gonna feel bad because your PC still beats the hell out of most of ours and you made a quick buck during the boom. Better to let those duplicates out into the wild for individual PC’s , they’re just collecting dust for a reseller and they’ll make someone’s day having a chance to own it.
Have you seen this insider cgc grader 10 questions video? You have to comment on this!
Pump iron and go into acting. Henry Cavill is looking for square-jawed actors for the Warhammer 40K Amazon series. Think I'm joking? Change your life... Great channel btw, been subbed a long time...
Thank you
It's a bummer selling off stuff that you've collected over many years. You've always come across as a smart fellow Dave. I would think you and Bro formed an LLC for your business. As such you have business expenses, losses and income under that umbrella. You would then take advantage of the tax code and mitigate those business fees associated with your business. You've also started charging sellers a 5% fee for your auctions, I believe. Stock people say never sell in a down market.
I think you'll do just fine as books find their normal value instead of the hype that propped prices up beyond and reasonable level. This is a short term hit. At least you didn't have a brick and mortar business paying rent. So, chin up as you face the current reality of the market.
As a new collector, this "terrible" market has been fantastic :) one man's loss is another's gain
thanks for your sobering and sad insight into your business.
David, I am very sorry to hear you sell your PC to keep solvent. I've heard similar things from other dealers. After this, I'm sure you'll rise like a "Phoenix" even stronger than before. Good luck.
Sorry to hear this I don’t know you however I’m a fellow website small business owner an it’s life man move on either way I doubt your selling like I just heard you say in video your absolute favorites tbmts anyhow though, if you have a amazing fantasy 15 or if lucky enough to have multiple then you likely did very very well in the past with comic books and dealing like you said now you are losing money it’s called breaking even deal with it. Pull your pants up move on. I’d remove this video. Lots of complaining happy holidays. 🎅🏻🎄🎁
I won’t be removing the video. I believe in transparency. And I think many people will find this video helpful to see the ins and outs of being a comic book dealer and a business owner.
Let's talk Hulk 181...any left you want to sell? How much?
Keep plugging away. Your decision, your books. I've been there close to selling but things turned around in other area so I was able to keep. Like your videos and one day will get a book from the website. Stay positive which I see you are