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About lou_fine

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  1. All I can say is that I hope nobody here decided to speculate and brought scads of the 2004 Thor 80 - 85 Ragnarok series thinking it had something to do with the Thor Ragnarok movie. I still remember when this series first came out and it was relatively hot and selling for multiples of cover price. Like virtually all other hot newsstand comics when they first come out, not so much anymore.

    But that's called investing with a rear view mirror which my better half is a master at doing. It's simply amazing how she can forecast every single turn for a stock and she simply does not understand how people can ever lose money investing in the stock market. Actually, my sister brought some of the Visa stock when it first came out as a IPO and I also brought a bit not too soon after. So, you are definitely right if we are looking back to 5 years ago. Not sure if it's such a good buy at these prices now though, even if there is still a lot of room for them to grow in the foreign markets and as everybody moves away from cash as the main financial instrument. I guess the real trick is to look 5 years down the line and see what will be hot then. Personally, I am thinking of something outside the traditional box like some of the marijuana stocks as provincial and state governments one by one are starting to legalize this product. Looks like a potential growing industry just taking its first baby steps as even the leading companies in this field with the widest established distribution channels are currently valued at only one or two billion dollars in comparison to the Visa's and MC which are already valued at hundreds of billions of dollars. Ok, maybe an AF 15 or some GA classic cover books might be a much safer bet, but it never hurts to take a bit of a flyer sometimes.

    You wish..........in your dreams!!! As supported by Gator's statement which stated that the CC 5.0 $57K auction sale was the emotional trigger for this current phase of the AF 15 markeplace: And as further evidence, the biggest amount of buzz was for the CC 5.0 $57K auction result, relative to the murmurings for the other AF 15 auction results. This point is again supported by Gator's statement as follows: And yes, 25% is not a big deal when compared to an 100% increase. I also believe that the 9.2 and 9.4 AF 15 sales had less of an impact because that is a completely different sandbox where the majority of the AF 15 collectors do not play in. The CGC 5.0 $57K sale had a much bigger impact with respect to the CGC 2.5 to CGC 7.5 sandbox because this is where the overwhelming majority of the AF 15 collectors play in.
  4. If prices were going to go up because of the movie release, they would have already gone up by now. As we have seen so often in the past without any exceptions at all, if a book has gone up due to movie related hype, it almost assuredly will drop down one the movie has been released. This even applies if the movie is a big hit. The only possible exception might be with the GOTG books since the movie was a totally unexpected hit, and a big one at that. Even here, I believe the books still went down significantly in price, just not sure if the drop off started later than usual in relationship to the other movie hyped related books.
  5. Hulk 181 value increase has nothing to do with movie hype. It is because it is the key of the Bronze Age and Wolverine is the definitive character appearance from that age. The character is super popular and people just want the book. It is still affordable in higher grades where most silver age mega keys like AF 15 are out of reach in high grade. This is the exact reason why Hulk 181 has increased so dramatically in price across all of the grade levels across the entire condition spectrum except possibly for 9.8's and above. The recent surge in prices for this book over the past several years has absolutely nothing at all to do with movie related hype.
  6. Yeah, we probably all got caught up in that early 90's hype with the red hot Valiant books. Although I normally only picked up one copy for each of the early Valiant books prior to that horrid Deathmate debacle when I jumped off, I still remember picking up duplicate copies of the first few issues for each title. And to top it off, I really must have drank too much of the Valiant kool-aid as I remember running around to a few of the local comic shops just in order to cherry pick a handful of the much highly hyped, but plentiful Magus 12's and Solar 10's right off the shelves as they were coming out. Thanks goodness I didn't fall for much of the Image hype as the only ones I picked up was a copy of Spawn 1 and the Cerebus related issues from Spawn 8 to 10.
  7. I strongly doubt that any collector in their right mind would ever think that a Conserved book would be worth the same as an Universal unrestored copy of the same book in the same equivalent grade. But I certainly believe that a Conserved book would sell for more than a Restored copy in the same equivalent condition grade. What is your thinking on the fact that many of the Conserved books and even some of the Restored books were able to sell for well over guide or even at multiples to guide in the recent Jon Berk auction? Do you believe this is just an one-off due to the rarity for some of the books being offered or is this signalling a turning point in the slow acceptance for Conserved and Restored books, or a bit of a combination of both of these factors?
  8. What would you offer on this collection?

    So you're saying it's better to buy a bunch of worthless Valiants rather than a Cap 3? Nah, just saying that if I have to claim the capital gains on my GA books whenever I get around to selling them, then I should also be allowed to claim the capital loss on my MA books whenever I get around to disposing of them.

    That's the problem with relying too much on GPA, as it missed the sale of the CGC 5.0 copy that was auctioned off on CC for $57K back earlier in March of this year. That was the key landmark record setting AF 15 sale that was the starting gun which shot the entire AF 15 market into the stratosphere and set the tone for the AF 15 marketplace after that point.
  10. What would you offer on this collection?

    I'd think he'd have to keep receipts for all of it and I'd think he'd have to have bought them as part of a business plan rather than for personal consumption. I can't imagine trying to claim my newspaper subscription, paperback purchases, cable TV, etc as a capital loss. The fun part of the tax code -is that if you sell for a profit.... they want a piece of that. That's so typical of the tax department. So, if I sold off my worthless B&W and Valiant books which I brought for speculative reasons since they are unread, I wouldn't be able to claim a capital loss on them. And yet, if I sold off say a pedigree copy of Captain America 3 which I brought way back in the day for personal consumption purposes as I read every single page, I would have to claim the capital gains on the book if I sell it. Even if I am sure that I must have spent more on my B&W's and Valiant's than I did for my Cap 3.
  11. New to CGC - First Submission, Cracked Slab

    Maybe it's got something to do with the book that's being shipped back to the customer, as CGC is obviously trying to cut down on their shipping costs. Any bets that if it's a single copy of an Action 1 or 'Tec 27, even in low grade, it would have gotten the full box treatment. For last week's copy of the latest Action or 'Tec book, you are probably lucky it was shipped with any type of protection at all.
  12. Update: Storing Comics in Safes

    +1 Definitely a good question to be asking the bank. Especially with some of the smaller bank branches since many of these would probably be trying to cut down on their costs. I believe the big head office branches of the banks would be a much safer bet since they keep a lot of their own paperwork along with other companies paperwork in the safety deposit boxes, and hence pretty much a requirement to keep the vaults air conditioned at night and during the weekends. Ok, hoping so at least.
  13. Price History of Amazing Fantasy 15

    If this was the guide value back in 1970 when the first price guide came out, then it must have been too high as the guide was often referred to as the Overprice guide since it was claimed that nobody would ever pay this kind of money for the books.
  14. Taking the 'easy path' is why people never really educated themselves on restoration. Those that did educate themselves on restoration started to realize that even within Purple Restored labels there were huge valuation swings. The move to the conserved label IMO forces people to better understand techniques and gives them more choices on what they want to purchased / collect. +1 And that's also my other point: "Forced education" is sometimes a good thing. My bet is that if CGC had implemented an uni-color label system with both a 10-point condition grading and 10-point restoration rating system, collectors would have educated themselves on all of the nuances of restoration, similar to how they "seemingly" know all the nitty gritty nuances of grading a book. On the other hand, any bets that if CGC had introduced an even greater breakdown of their multi-colored label system for universal unrestored books such that Black labels would have been assigned as follows: say for any MA book grading less than 9.8; for any CA book grading less than 9.6; say for any BA book grading less than 9.4; say for any SA book grading less than 9.0; and say for any GA book grading less than 8.0; the valuation of universal unrestored books would be completely different from what it is in today's marketplace. It's clear that it was not necessary for CGC to tell us what is good for universal unrestored books through the use of a more detailed breakdown such as a Black label for books below a certain so-called third party "accepted" grade level, since the assigned grade was already good enough to allow the potential purchaser to make a fully informed purchasing decision on their own in terms of grading. Similarly, a formal 10-point restoration rating system would have been ideal for allowing potential purchasers to make a fully informed purchasing decision in terms of a restored book on their own, without the need for the easy, but stigmatizing multi-color label system from a third party which they ended up with.
  15. +1 This is why I have said all along that CGC should have gone with the uni-color label right from the get go, in combination with both a 10-point condition grading system along with a 10-point restoration rating system. This way, potential purchasers would have had all of the required information to make a fully informed purchasing decision. And at the same time, all of the books (both restored and unrestored) would have been on a level playing field without any stigmatization being affixed to a particular grouping of books. Although I am sure that the colored labels were implemented with all good intentions, it unfortunately resulted in significant unintended negative consequences on the restored books. Even though Borock attempted to correct this mistake when he started up the other grading company through his use of uni-color labels, it was too late as the concept of multi-colored labels were already too entrenched into the grading mind frame by that point in time.