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The Box of Twenty Concept (Ok, maybe 30)

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Westy Steve

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If you are a coin collector, you may be familiar with the Box of Twenty Concept.  For those who aren't, you may know that coins also have grading services.  Yes, you can send coins off to be slabbed.  If you send a bunch of them off, as dealers often do, the grading companies will return them in plastic boxes that hold twenty slabs.  Those plastic boxes are desirable as storage boxes for a collection of slabbed coins.

Coin collectors came up with a concept called a "box of twenty".  It's a way of collecting.  The idea is that the collector must limit themselves to a collection that will fit in one single box.  At first, it's not a problem, but over time, it gets harder.  The rules for collecting this way is that once the box is full, you're required to swap out coin per coin. So if you want to add a new coin, you have to sell an old one.  While this seems restricting, what it forces the collector to do is to collect what is most important to them.  And what happens over time is the collection can become spectacular because the proceeds from the sale of an old coin can be used to fund a new one, so lots of upgrading occurs.  I'm doing this myself with my own coin collection, but I don't have the box filled yet.  However, I am aware that any coin in my collection may be sold at some point, so I try to keep an eye on how much I spend on coins relative to their value.  In short, I want to be able to sell it for at least as much as I bought it for (after fees), so I try to find good deals on what I buy.

Well here's the thing.  In my safe deposit box, I've figured out that I only have room for 30 comic book slabs.  You can see where I'm going with this.  If I'm going to collect nicer bronze comics, I'm going to use a "box of 30" collecting style.  So I will do a few things:

1.  I plan to limit my Bronze Keys to 30 comics.  Therefore, I need to be fussy about what I add.

2.  Because I may need to sell my acquisitions later so that my newest purchase can fit in the box, I intend to make sure that I get a good price on what I buy.

3.  I need to learn to upgrade.  For example, my X-men set will top out at nine (9) slots in my 30-slab collection.  It will take up a lot of room, but I don't want to break the set.  So I will upgrade them here and there.  To do that, at any given time, I may put my comics up for sale at a price that makes me happy.  When one does sell, I will then add some money to the proceeds to buy and upgrade for the slab I just sold.  Makes sense, right?  The other thing I may try to do is just take my slab(s) to shows with the idea that I can pay a dealer to take my lower grade comic in trade for a higher grade one.  I have only tried this once, without luck, but that was because the dealer had another copy of the same book in a comparable grade that I owned and they didn't want two of them.  I understand this because having two different grades provides choices to their customers.  Also, this might be difficult depending on how much profit the dealer is trying to make on the upgrade.  If they try to get all of their profit in that one transaction, we probably won't be able to make a deal.   Please tell me your upgrade stories.   Hmm...since nobody reads this thread but me, I might ask that question in the main forums...

 

So that's it.  I intend to have a small collection of kick azz comics that will get more impressive over time.  (When I'm not spending money on my coin collection or collector car!)

Any feedback on this method?

Steve

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I also leverage a similar method with my keeper slab collection. I have a magazine box that holds between 20-25 slabs at any given time. When that is full and I see a slab I really want I'll generally pluck out the 1 or 2 slabs I love the least and sell those to make room for the new stuff. This method prevents my small keeper collection from taking up too much space or money, and keeps the train moving.

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Interesting. I have never sold any of my comics. Dropping down to 30 from where I am now seems too daunting but I do need to curb my acquisitions. Thank you for posting this. 

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Bronze age only?

Sometimes an upgrade doesn't look like an upgrade.  I suppose the comparable in coins is giving up a clean looking coin for a higher technical grade having a perfectly centered, high relief coin, but with some ugly thumb print on one side (maybe that's not possible - I'm not a collector of certified coins).  For me, I need both in-hand to decide which to let go.  Its a personal preference thing.  Sometimes I'll wait until I have at least three to decide even to let one go.

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I remember before CGC, there was a letter in the old Comic Buyers Guide of someone who kept his collection to a single long box.  Maybe it was more than 1, but the point was, if all the boxes were full, he would have to sell some to buy something else.  I'm fascinated by this collecting approach.  It certainly makes you focus on what you like the most.

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I've been thinking about limiting my collection to a defined size.  Say one short box.  To make it work I'd have to sell a book every time I bought a book.  The collection would be manageable in size,  the quality would improve every time I added a book and the collection would be easy to sell when that time came.  

Ultimately, we all have to live with our collections and the size and scope are both very personal and self defined.   Mine's currently out of control :cry: 

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I get what you're saying.  It's hard.  But the thing is that most of the comics can be read on-line.  I think it boils down to the type of comics you collect.  If you collect silver age, most all of it is in reprint somewhere.  If you collect golden age, that's going to be tougher.  For me, I have a mac-Daddy Conan that I love to stare at through the plastic while I read Conan's on my laptop.  I also have a box of Savage Swords that I don't consider part of a collection...just reading material.  Is that cheating? :)

Here's a coin collection from a guy I know on one of the coin boards.  Great guy, BTW.  Anyway, this will give you an idea of the quality of material you can move toward with this method.  Even if you don't know about coins, you'll understand that these are quality items:  https://collectivecoin.com/lordmarcovan/5tAOUvzFOrtI8s8A7P3c

Edited by Westy Steve
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