I got out in early 2019 when prices became too much for me to justify. I have the money, but refuse to spend that much on such frivolous objects. Can't resale as easily either with those crazy shipping prices.
@trajceniceski2968 I got more into omnis. I used to pick up floppies but I even stopped doing that. Stuff has gotten too expensive lately. Economy is in the dumps.
Prices have gotten out of hand. Just cancelled a P1 Berserk statue after they increased the shipping from $150 to $450. Been collecting for 10 years and I’m starting to slow it down.
True but everything that’s Berserk is extremely overpriced because the creator passed away and it’s such a influential iconic anime but I’ve seen statues for two grand and above and that’s insane.
Yup, they did that to me too. I was quoted something like that for the 1/3 scale Alien Big Chap, and then when it came time to ship, $455. I don't recall seeing the economy shipping option either, which was annoying because I would have went that route, but alas. When I got the statue and unboxed it though, man it was glorious.
We are in Depression Era levels of inflation. Times are hard for a lot of people, big effect on luxury hobbies for sure. Hope we can turn things around as a nation and globally. Things are going to keep getting worse if we keep heading this way. Happy thanksgiving Gem, been following you for years and always appreciate your honesty 🤙
@@drrightwing4435the inflation rate is decreasing but the realization of that is behind, also that doesnt mean prices will go down immediately if ever. This is compounded by interest rates going up so if you're paying a debt/mortgage etc your cost of living has gone up dramatically.
The aftermarket in almost all hobbies are crashing. People would pay the increased prices because they could move the statue, now prices are dropping and the investment based on speculative assets is absolutely gone. For a long time people were buying and selling statues because the aftermarket was hot. Again its almost all hobbies,comics, cards, sneakers etc.
Yes, after that COVID spike, I think people realized these assets aren't all that valuable and are really just something of a hassle, and the FOMO and frenzy over them has died down. Obviously the aftermarket has slowed, or more accurately, died. Retailers also began selling as aftermarket prices.
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I came here to say just this it's a Bear market right now I say next year it'll hit rock bottom across all hobbys at least mine comics retro game market vinyls music realm and sports card market
@@obiwan7701 Yes, inflation is the cause. But, ideally, the wages should increase at a similar rate to match the inflation. Then, the buying power remains the same. What has happened in the past couple of years is that the wage increase has been far behind the inflation rate. It’s probably at a point now where the required wage increase to counteract the total inflation is something too high to even ask as a raise.
@@drrightwing4435sure blame it on one stimulus. Inflation was going to happen in the whole world because of Covid. Blame it on Covid. Multiple stimulus and people not working.
No, that half-measure "stimulus" package isn't to blame. There has not been a relative pay increase since the 1970s in America. You can blame "greed-flation," which was proven to be the cause, due to the deregulation of corporate business and unworthy/overpaid boards and CEOs. More recently, it has been proved that companies used the pandemic to hyper-inflate their products, claiming that material cost increased, but somehow, their profit margins ALSO increased. If it was actually "inflation," their profit margins would have stayed the same. Material cost has risen, but they have gouged every step of the way as they will continue to do since corrupt politicians have allowed America to become a corporate oligarchy. Very simple.
I’m so happy you made this video. I also have a problem with the order always being delayed and only thing they do to compensate you is send you an email saying that the order has been delayed.
This is one of those hobbies I'm glad I never got into. I'm already into other expensive hobbies such as watches, sneakers, collecting baseball cards, omnibus, etc. have all taken a hit obviously because of the economy. Luxury goods are just too expensive when basic necessities like food and groceries are already expensive enough. Crazy times we live in now.
People forget that it's a "hobby" not an investment. That's what the word hobby means. A casual activity you do for fun, and not spend too much money. It's not supposed to affect your main finances.
I dont even understand calling this a "hobby" honestly. A passion sure, but not really a hobby. And I said the same when I was a game collector too. I never saw that as a hobby. Just spending my money on goods
I think that's the case with everything. As an artist who's been selling my sculptures at conventions, I had to raise my prices due to the increase of vendor table costs, as well as supply costs for my work. People are paying more for tickets and autographs at these cons, which means they're not spending as much $ in the vendor rooms & thus, us vendors are feeling the pinch.
Don’t forget all the inflated materials to build anything. Inflated gas inflated shipping cost of all the materials then ontop of that inflated shipping on the final product because it all relies on gas fuelled transportation. It’s not just us artist that have to raise prices. Everyone has to. That’s what BS pro taxation politics does
i always admired ur statue collection but I mainly tune into your content for omnibus reviews, hauls, single comic reviews/rundowns and your insight on different series and the mcu etc. Keep it up man love ur content!
All very valid points. Let's hope that more people start getting into the hobby around the world - and keep the companies in business. I got into this less than a year back - hope there are others like me in other countries.
It's no surprise that $1000 statues aren't selling. Not to mention that most statues from Sideshow are artificially scarce with their "limited" runs. They think this justifies raising their prices to ludicrous amounts, but all it's really done is make it easier for people to avoid their products. I think the statue companies need to start taking some notes from the anime collectable market and mass produce their statues. The lower prices would be a boon.
Rubbish. If sideshow could make a run of 5000 and sell most of them, do you think they’d leave money on the table by only doing 500? The runs are getting smaller because there are less willing buyers at current prices.
For me the money was the SECOND factor. Yes I got burned out due to the way too high costs, but it was actually my IMPATIENCE in wanting very specific characters that felt like they NEVER were ever going to make them! Ironically now that I'm out of the hobby, some of the ones I thought would never get made, now exist lol.
You provided a good perspective on this issue. I was wondering why so many statues / figures have been going up for sale in my area for 50%+ off of the value. I talked to 1 seller and he was saying how his house he bough 2 years before covid renewed and his rate went from 2% to 6%. Times are rough out there.
My biggest issue is space. I predominantly buy unlicensed statues at 1/6 or pop scale, so price is fairly cheap. I have enough space for about one more shelf in my computer room, then I maybe done collecting after that.
This applies to many hobbies these days like collectible cards, retro video games, etc. Too many people who see it as "financial investment" and don't actually care about the hobby itself. "Grading companies" have just wrecked hobbies and raised prices.
I love your channel. I've been watching for a couple of years now. I collect action figures mainly but havee always wanted to start but the prices and space confinement are the two reasons that have kept me out. .
I’m agreeing with pretty much everyone’s reasons for stopping or taking a break. I personally sold all my statues and every time I get the itch to go back I see everyone’s horror stories, and I remember how difficult it was between storing boxes and paying for shipping and having to lug the boxes back in the house to pack up the statue.
Hey Gem thanks for keeping it real and putting the truth out there ! Honestly since I moved into the first house I bought I don’t even bother taking out the statues for display I couldn’t even find them I’m a bibliomaniac and books are my passion but I always balance heavy philosophy or science works with Marvel Steve Gerber Steve Ditko DC Bob Kane Alan Moore Eddie Campbell Chris Clairmont from back in the day comics were a way for me to escape the drug scene and bullies who overdosed and are now 💀.
I wanted to start collecting after falling in love with sideshow's Killer Croc (The one with the sewer splashing foot) however I've only ever seen him go for £700 to £900+ which is incredibly disheartening... I would have to save for almost a year to justify buying him thanks to the cost of living crisis in the UK. I don't have a 3D printer either, so I'd have to hope and pray the price doesn't inflate further. Sadly I doubt I'll ever get to start collecting statues. I only want a few, but I just can't justify it or afford it.
I’m always buying only things I absolutely love. But when a character is redesigned and I like that one more I’ll usually upgrade. My main issue is getting my initial funds from my original purchase. I don’t have a ton of space, and the boxes take up too much room. But this down tick is across all hobbies..comics, cards, etc..economy is killing most people. Additional soo many people look at these things as investments as opposed to what they really are, big flosses..thats it
Great video!! I feel like I got lucky...bought a few PF statues when prices were "low" (I thought $375 was crazy back then)...and luckily found a buyer for a 1/3 Batman Noel. I'm kinda done except for the occasional Hot toys. Cheers.
You know me I used to collect XM preordered through you. I got out of the statue collecting almost 3 years ago. Prices got out of hand no more space. Im only collecting hot toys and action figures now.
One thing nobody seems to mention is the movies and shows these days are horrible. In particular comic book movies, which is such a huge percentage of statue collectables. Even if people are after the non movie statues or classic varaints, its still tarnished by the failure of the family orientated style of the Marvel/Disney movies or the failure of DCEU & Star Wars, etc. Put inflation on top of that, as well as a global recession. Then of course nobody wants to get them anymore. They'll just watch youtube vids of what they look like.
nice video Gem...here i'd like to add that there is a " ceiling" price for everything, a price above which it's better to go 3D print or even spend your money on something else...the comic industry failed to notice that point and now statue hobby makes the same mistake...going " full growth" regarding their prices/revenues is not wise when crisis hit hard...
I don't understand that collecting is dying, but a lot of what was said: lack of space, rising prices, bad economy, owning too many pieces, lots of offer of the same character and a bad market for used/old pieces.
I have one statue. Only bought it because you reviewed it. I normally collect keys and action figures. Omni's in the last 2-3 years. Small house and limited space, plus the kids and the economy, really hyper focused my collecting hobbies.
Great video GEM. Right on all points. Price points, shipping costs and the oversaturation of the same 9-10 characters are driving this hobby straight off a cliff. Many collectors have already turned their attention and wallets elsewhere. For me and my collection, I see the end coming. I have just enough display space for one more 1:4 scale and one maybe two more 1:3 scale. Which I anticipate will be from LBS. At that point, I will have no more display space for statues or storage space for the boxes. It will be a sad day, but it is inevitable. That day will come for ALL of us collectors. Not a question of "IF", but rather a question of "WHEN". And when it's here, what do we do? I guess there will be two choices... A- start selling off some old pieces to make room for new pieces, regardless of the sale price, or "B" make the difficult decision to simply admire new pieces from afar.
Very good video. Thanks. I'm a collector from Belgium. For me the main problem is the space to expose all my collection and above all the storage of all boxes ... a nightmare! 😞
The boxes. That’s another reason I’m being strict. Yes I got rid of a lot of 1/4 scales but 1/3 boxes are bigger. I built display cases and I’m actually able to store additional boxes inside the cases, completely unseen and unnoticeable, which has been really helpful.
Agree 100% that adds to the cost. And if you plan to sell, even at a loss, you will need these huge boxes stored somewhere, which means storage, which means rental space. Combined with statue pricing, space, and reselling vendors, it's just too much
I have lost interest in comics in general have (after 30+ years of collecting). Comics these days have fallen from grace. So much "agenda" being pushed down our throats along with sub par writing/art has made me want to stop collecting even the older classic books that I loved. I refuse to buy any books made past 2014. Then tack on the increase in price for these books and statues, along with the fact that I deleted my Paypal after what they did to you (as well as other reasons), now I dont really have a way to easily resell my collection. Not that they even resell for as much these days. The entire industry is a giant mess these days and its no wonder that the collectible market is crumbling.
I collect only 1:10th scale X-men for space , and most recently premium format Spiderman. The thing that kills it for me is the shipping cost to Canada plus duty charges from the border!!! Only thing I would like to pick up in the future is a Hulk statue but pretty much done for now.
I got out a few years ago. Prices got out of control after COVID. Not worth the prices anymore nor the time to deliver. I switched to Omni's, since it's more affordable, more fun & still have my favourite characters in some art form & learn more about those characters.
i stopped collecting in around 2018, started collecting in early 2000s, could get a 1/4 ninja turtle statue back then for 250 dollars. now a 1/4 statue cost you around 800 dollars. its just nuts.
Prices have gone up everywhere on everything. It's also oversaturation of the market, insanely high edition sizes, same characters, same poses...some companies have 3 of the same scale statues of the same character in stock. I've been going after Iron Studios because they are able to take chances on characters and poses at that scale and real estate is at a premium.
I'm single and can blow my money on whatever I want so I still collect statues...although I mostly only buy customs now. The companies raised their prices so much that customs are the same price (or cheaper) plus custom groups actually make the characters I want. I now have Krypto, Steel, Superboy, Cyborg Superman, Eradicator, and properly sized/comic book looks of Darkseid and Doomsday in 1/4 scale.
This has been a conversation that has been going on for years. I remember 15 years ago when people were questioning the prices and the longevity of the hobby. That was when PFs were $250! Hobbies evolve, everything has been rising in cost. I think the problem now is the saturation of the market. There are too many producers, too many options. Eventually, some are going to disappear.
Space with not only the statue but storing the box for potential resale. Costs are a concern but also there’s too many options now when in the past there was only a few, this includes customs. With the flood of options there’s a lot of lackluster poses and choices from peoples favorite characters
I've definitely gotten a lot more selective with my buying, for some of the same reasons you already listed in the video: - Prices, as you point out, have gotten ridiculous. - Economy is not great, and there are more important things to spend on. - I'm running out of display room, and I don't sell my collection.
The goal of any statue collection should be to get some pieces that look cool, to get a variety across your favourite shows, anime, movies or games etc, to fill out your space and then call it quits. Things are expensive but I don't think you are supposed to buy forever. Call it quits and enjoy what you have. Sometimes you need to get out.
I recently bought a 3d printed version statue of venom ,it’s been one I wanted for a while but the price of the original was close to $5k so this is one way to get something close to the one I wanted but also not bankrupt me in the process
I almost bought my first terminator and first ever statue from sideshow made by DSC. It was the T-800 on his motorcycle and the description said it came with a signed COA by Arnold Schwarzenegger so I was psyched. I was at my buddies house about to buy it and he asked me if I ever watched a review on it and realized I hadn’t so him and I looked one up that night. We were watching the review and come to find out that half the reason I was going to buy the statue, the signed coa, was not hand signed it was a printed on signature. Sideshow even advertises it still with the description “signed by the terminator himself Arnold Schwarzenegger.”
A buddy of mine just got into it whos done very well in real estate and is an investor. Hes a young bachelor, no kids or wife. He has bought the statues as visual ornaments to display. He has only bought quality 1/4 & 1/3 scale characters that he likes to keep forever, and will only buy that size. Those only two characters are his favorites. He avoids sideshow due to hollow statues. His pieces he has found deals on even pre orders direct free shipping. He definitely bought into it at a great time and is doing it the right way to buy them quality to keep forever
Ive been in the statue collecting game since 2018, i love the hobby, but throughout the years ive become more picky, mostly because of space and pricing issues, but still trying to make room for new future pieces. For me, my process going forward is also, i will keep what i own and i wont sell ever, so i will just enjoy and feel lucky that i have what i have.
Great video Gem. Hobby is definitely in shambles. I’ve only pre-ordered one statue this year and will likely only order one more if it goes up. This year I technically had about 5 come in, but it was all pre-orders from 2020-2022 that finally came around. Space is now a limiting factor.
I have only a few statues and the primary reasons are: 1. Space- Them pretty 1/6 statues take up a fair amount of room. 2. Cost- If I'm going to drop $600-800 for a statue, I better love the statue because that's the cost of medium to big key comic. 3. I've held myself back from even looking at what's coming out or what's available on the secondary market just to focus on comics.
LOL...after this video, you inspired me to cancel my orders that I have with Spec Fiction. I may lose the few hundreds in down deposits but save thousands overall. This helps me cut my losses.
It's slowly dying. If inflation prices, shipping and import fees/tax continues to rise... I don’t see buying statues lasting in the future. And I say this as someone from the UK 🇬🇧 who has to pay astronomical amounts for pieces to be shipped, including import, etc. This is why I'm being very selective buying certain statues. My collection is almost complete. A few more pieces, and I'm truly done.
Companies need to solve the shipping dilemma. With the aftermarket crash and paying almost half the price of the statue just to get it, is insane. I have 4 statues pre-ordered and dreading the shipping cost. I still have hope though. Companies need to adapt. Hopefully this video helps. Thanks Gem 💎
Lol...I bought a 1:6 scale XM Batman Rebirth today after notification of availability from Speculative Fiction. Also got a 1:10 Iron Studios Batman on Batsignal after Sideshow notified of availability. Smaller statues with small "they will go through the trap into the attic" boxes, lol, but they still provide a measure of the collecting need, I guess. 😮 The XM Batman, like the Hal Jordan Rebirth, will be smaller than the Tweeterhead 1:6s and, once their Batman arrives, the XM may have to depart. 😢
I collected statues way back. I stopped for the following- cost more, they don't resell well, break easier than a 1/6th scale figure ( affecting resell), take up the room.
I knew this was going to happen. I said around 2017 that Sideshow had about a 10 year life line. Inflations a bitch and the market is flooded. Hot toys is in trouble too. The new marvel movies aren’t great so those toys aren’t going to sell like before. Also before people would buy a statue as soon as it dropped because they were trying to get all the X-Men or all the Justice League. Now I don’t really need anything and without actually seeing them in person at SDCC I don’t really want anything. Seeing them in person was a huge selling point. Also the OG collectors are out of space or money and the Hobby isn’t getting new fans because of the cost now. If the prices were this high when I started I wouldn’t have gone in.
great video gem. timely, as i just cancelled a statue i’d been looking forward to because it’s just an unjustifiable outlay. and i’m fortunate enough to have a good income. i’ve been collecting statues since Punisher comiquette in 2010ish. it’s sad, but the prices are wayyy out of hand now. sideshow are actually the most reasonably priced vs sculpt quality imo, but even then, it’s hard to justify the outlay.
Just to many companies pumping out statues these days, so it’s killing resale. As far as prices on new pieces, prices go up on everything if people are buying bottom line. So as long as people line up to buy, prices will rise like with everything. It shows the economy is strong. Don’t believe media lies about the economy. Just my opinion 💎 I like what you do.
1) space - the terrible trend of ever bigger and elaborate bases is out of hand. Now you can hardly find a 1:4 that fits in a 24 inch height cabinet. 2) sideshow used to charge $10-40 for shipping, now it’s $50-150, you always have to add $100-250 to the msrp just for shipping and tax, so I stopped buying from sideshow 3) the market is so saturated, used to be you got 1 Ironman from sideshow every 2-3 years and it’s an event, now dozen of companies + even more non licensed customs are being made for every character at all scales. But mostly for me it’s space, there is only so many 25-30 inch statues one can fit..and I am not even looking pass 1:4
100% gem, agree. I’m over 150 statues into my collection and a lot of money later, but I don’t buy like I used to. The 2nds market can get peices 2 - 3 years old for alot cheaper. I only buy pre O if it’s a piece I really like. Not sure where this hobby will be in 3 - 5 years.
Yo gem, great video I'm not a statue collector (have a couple) and I'm more of an anime scale collector (usually 1/7 to 1/4) and a lot of what you're talking about is prevalent in our game too. It's just expensive even with how much the yen's buying power has dropped, money here in the USA is just on a tight leash right now for most people and they're saving for a recession, shipping charges have skyrocketed, space is limited, the aftermarket is tough, and pre-ordering has become pointless because most of these pieces just get re-printed or get discounted not even a month after they're released so the people that pre-ordered got punished for doing so. Y'all should keep in mind that these figures and statues aren't limited experiences, sure you might have to pay up in the aftermarket or maybe you won't be able to find it later down the road, but the money is better spent on doing something like traveling while you're young and healthy, or if you're looking to invest there are safer and more beneficial options. That being said I'm gonna stay collecting but I'm just much more selective right now until we're in better times as a country and as a world. Better times are coming baby, keep your heads up guys, whoever's reading this I hope something good happens to you today 💪
I buy a ton of Anime statues each month but there are so many companies saturating the market its like limited game companies, they are everywhere. I settled down and found some ground with iron studios 1/10th scale, just collecting up some x-men. There is so much temptation with all the statues going on sale some down to 30 to 60 dollars, down from 200+ no joke, but I now bought a storage unit just to fit all the new stuff coming in. As for larger scale figures I used to buy maybe 8-10 a year but besides space issues, they have become so expensive i cant continue even if i wanted. I noticed ebay prices with statues are really going down on certain items that used to be expensive on the resale market, especially statues from many years ago.
Scammers is also an issue id say. At this point I wouldn’t buy a statue from a seller for fear of not getting the item or it coming damaged. That goes for selling as well.
Once you go 1/3rd you can never go back to the smaller pieces. I remember when I first found this hobby, I spent $12000 right off the bat on 7 statues. Crazy. Definitely not doing that these days and you just can't sell anything now without taking a huge hit. Money is too tight and prices (particularly shipping) have put a kibosh on buying just anything. My last couple of Prime 1 pieces really hurt me with the shipping and customs duties. Won't be doing that again anytime soon.
Bowen designs was one of my main purchases from 90’s till about 2012-14 I think. Space definitely became an issue when I found my better half and concentrated on her and our house. Few pieces I’d like to get but prices/economy have definitely become an issue plus the fact that I’m retired around 2 years now
In some cases stays prices for 1/4 statues are $2000.00. Because I’m not willing to chase the statues and rising prices I’ve decided to start getting rid of statue line that I thought I’d never part with.
I have no statue preorders , not buying anymore statues. Anything over $1k is my cutoff now. Not gonna sell any statues either now. Gonna sit on them for now.
I luckily snatched an old perfect condition Magneto 1/4 scale Sideshow statue from a local seller on FB MP. I inspected every square inch before paying. It was fairly priced too with NO SHIPPING since I picked it up myself. Otherwise, I keep to my one 1/4 scale every 4 months to stay within my "Budget."
Amazing video. Great points. Unfortunately because of space (born and raised in nyc) I’m only getting 3 video game statues in 2024. All the last of us prime 1 pieces. I also collect sneakers, vintage tees, and video games and I’ve noticed that the aftermarket on those hobbies are running dry too. The economy is starting to get everyone. Its time to slow down and start making smarter decisions.
Hey Gem, I’m also cutting back. I collect Hot Toys and a few smaller Statues. But I’m running out of space to display and store boxes. I’ve canceled a few as well. My income isn’t getting better so 2024 looks like I will have stop all together. I’ve been wanting to own a Prime1 statute and queen studio but it’s looking like I will never be able to. And I currently have a few of my own collectibles on eBay trying to sell some away. I don’t want to lowball myself but I might have. Tough times!
One of the biggest mistakes collectors make is buying a statue not because they like it. Instead they will buy the statue just to sell it and make money off it. If you are doing that, then this hobby is not for you. It just pointless if you are already thinking about selling a statue you haven't even bought yet.
I wonder is this why Prime1 has moved into PVC with their Prisma Wing line? Because I’m buying anime figures now and it’s going strong, the prices are a little lower, usually $100 - $400.
I've only bought 3 statues this year. Next year I probably won't buy anything more than 1 statue. Have to be picky on what I'm willing to spend money on.
I stopped collecting because I got all the characters I wanted/like. Also I ran out of room to display and store the huge boxes. 1:4 scale statues take up so much room!
I have always liked statues. And it’s a pricey hobby to get into. But what you get is amazing. For me, the example of why I avoid it is the example of Iron Studios… every video I see on the 1/10 Jurassic Park Explorers Dino breakout are damaged. I don’t want to spend thousands and still have a restoration on my hands. That being said, I have seen some amazing collections that I do envy. I hope that the hobby continues for those that have a passion for it.
The prices are too high. Wherever I buy, I pay high shipping. For example, for a big statue like XM Soundwave, I pay 600 USD, then I pay 25% tax on the price plus shipping. Later, I can’t sell it on the entire market in Norway ever again. It’s sad, but it is what it is. The space is also a big problem because of the boxes.
It is, the last purchase I had was 2 years ago. The prices have gotten out of hand. Also, it helped that the MCU has been putting out garbage films, with people losing interest in comic book franchises, it also hurt the demand for the hobby. Usually, newcomers are the ones who are willing to shell out more because of FOMO. Also, some people have gotten over the phase and started new hobbies that are more affordable. For me it's mechanical keyboards, flatbox hitbox controllers
[3:35] I'm not much of a physical statue collector. I find this topic interesting coming from the McFarlane Digital space they recently allowed one of their Dragons, the Eternal Dragon, to be downloaded and printed at home. I seen on X someone 3d print it in fact. I find this fascinating that a big toy company like McFarlane will allow the file to be downloaded. WIll it eat away at their physical toy series? IDK. Do other big IP/toy companies allow this or just non-official STL files can be bought typically?
Without watching the video, here are my complaints: Statues are too big Prices are astronomical Oversaturation of characters and poses Tax + Shipping making the statues 50% more in price Designs are trash now My solutions: 1/6 scale Use AI to design pieces Keep pieces under 500 units
A thing I noticed that might have a bearing on the hobby is I noticed the other day in the mall I saw about 5 different shops that had statues some in a store front others in spot in the middle of the walkway. So it could also be it's so easy to get one now that the novelty has worn off? Just a thought.
Costs are crazy. I don’t understand why companies don’t offer better payment plans. If a statue takes 18 months to make, make a 18 month payment plan. Reduce it each month as it gets closer to release. If I was making less than $100 payments in each preorder I would quadruple my preorders.
even the 1/6 scale figures from HT have gotten expensive to the point where folks are no longer POing them and just waiting for them to be released so that they can buy it cheaper .
I would love to buy some of the bigger versions. But I can barely afford those unless I really want it. I perfer the iron studios, kotobukiya, because of price point on those statues stuff is best for me. Space is also a factor, life expenses have kind of caught up. But I wanna continue for sure.
I got out in early 2019 when prices became too much for me to justify. I have the money, but refuse to spend that much on such frivolous objects. Can't resale as easily either with those crazy shipping prices.
I got in 2017 and got out 2022. I had a bunch of premium formats but the prices kept going up and it didnt make sense to keep buying them.
This is a great comment that opens up discussion. I got out waaaay long ago lol. The prices are totally insane
Did you guys get into anything else, after you stopped ?
@trajceniceski2968 I got more into omnis. I used to pick up floppies but I even stopped doing that. Stuff has gotten too expensive lately. Economy is in the dumps.
Same.
Prices have gotten out of hand. Just cancelled a P1 Berserk statue after they increased the shipping from $150 to $450. Been collecting for 10 years and I’m starting to slow it down.
What??? That's crazy!
I couldn’t justify the shipping prices, 300$ for shipping when I paid maybe 70$ a few years back
Man I thought my game collecting was crazy. That much for shipping is insane
True but everything that’s Berserk is extremely overpriced because the creator passed away and it’s such a influential iconic anime but I’ve seen statues for two grand and above and that’s insane.
Yup, they did that to me too. I was quoted something like that for the 1/3 scale Alien Big Chap, and then when it came time to ship, $455. I don't recall seeing the economy shipping option either, which was annoying because I would have went that route, but alas. When I got the statue and unboxed it though, man it was glorious.
We are in Depression Era levels of inflation. Times are hard for a lot of people, big effect on luxury hobbies for sure. Hope we can turn things around as a nation and globally. Things are going to keep getting worse if we keep heading this way. Happy thanksgiving Gem, been following you for years and always appreciate your honesty 🤙
Wrong. Inflation has been coming down for weeks. Look at the economic data
@@drrightwing4435the inflation rate is decreasing but the realization of that is behind, also that doesnt mean prices will go down immediately if ever. This is compounded by interest rates going up so if you're paying a debt/mortgage etc your cost of living has gone up dramatically.
@@vincenthoran6209 So you know more than economists?
@@vincenthoran6209 what's your point?
The aftermarket in almost all hobbies are crashing. People would pay the increased prices because they could move the statue, now prices are dropping and the investment based on speculative assets is absolutely gone. For a long time people were buying and selling statues because the aftermarket was hot. Again its almost all hobbies,comics, cards, sneakers etc.
The sports cards aftermarket is completely dead
I noticed this change on Q4 2022.
Yes, after that COVID spike, I think people realized these assets aren't all that valuable and are really just something of a hassle, and the FOMO and frenzy over them has died down. Obviously the aftermarket has slowed, or more accurately, died. Retailers also began selling as aftermarket prices.
I came here to say just this it's a Bear market right now I say next year it'll hit rock bottom across all hobbys at least mine comics retro game market vinyls music realm and sports card market
Yeah that was when ppl had stimulus money to spend
When a statue is as much as my monthly house payment… I’m out.
As you said, the biggest issue is that income has remained more or less the same while cost of products have skyrocketed.
Thats called inflation and its happening in every market not just statues , time be more selective and not just buying anything and everything .
@@obiwan7701 Yes, inflation is the cause. But, ideally, the wages should increase at a similar rate to match the inflation. Then, the buying power remains the same. What has happened in the past couple of years is that the wage increase has been far behind the inflation rate. It’s probably at a point now where the required wage increase to counteract the total inflation is something too high to even ask as a raise.
You can thank the last stimulus package for this inflation
@@drrightwing4435sure blame it on one stimulus. Inflation was going to happen in the whole world because of Covid. Blame it on Covid. Multiple stimulus and people not working.
No, that half-measure "stimulus" package isn't to blame. There has not been a relative pay increase since the 1970s in America. You can blame "greed-flation," which was proven to be the cause, due to the deregulation of corporate business and unworthy/overpaid boards and CEOs. More recently, it has been proved that companies used the pandemic to hyper-inflate their products, claiming that material cost increased, but somehow, their profit margins ALSO increased. If it was actually "inflation," their profit margins would have stayed the same. Material cost has risen, but they have gouged every step of the way as they will continue to do since corrupt politicians have allowed America to become a corporate oligarchy. Very simple.
I’m so happy you made this video. I also have a problem with the order always being delayed and only thing they do to compensate you is send you an email saying that the order has been delayed.
This is one of those hobbies I'm glad I never got into. I'm already into other expensive hobbies such as watches, sneakers, collecting baseball cards, omnibus, etc. have all taken a hit obviously because of the economy. Luxury goods are just too expensive when basic necessities like food and groceries are already expensive enough. Crazy times we live in now.
People forget that it's a "hobby" not an investment. That's what the word hobby means. A casual activity you do for fun, and not spend too much money. It's not supposed to affect your main finances.
I just collect figures and omnibuses. I just eat cereal and sandwiches and cheap soda and sometimes 711 pizza.
I dont even understand calling this a "hobby" honestly. A passion sure, but not really a hobby. And I said the same when I was a game collector too. I never saw that as a hobby. Just spending my money on goods
@@SlentVce seriously? You’re spending money to buy things you like. You collect that makes it a hobby.
Sounds like me. Figures and books, cereal and canned soup.
I think that's the case with everything. As an artist who's been selling my sculptures at conventions, I had to raise my prices due to the increase of vendor table costs, as well as supply costs for my work. People are paying more for tickets and autographs at these cons, which means they're not spending as much $ in the vendor rooms & thus, us vendors are feeling the pinch.
Don’t forget all the inflated materials to build anything. Inflated gas inflated shipping cost of all the materials then ontop of that inflated shipping on the final product because it all relies on gas fuelled transportation. It’s not just us artist that have to raise prices. Everyone has to. That’s what BS pro taxation politics does
i always admired ur statue collection but I mainly tune into your content for omnibus reviews, hauls, single comic reviews/rundowns and your insight on different series and the mcu etc. Keep it up man love ur content!
Was great having my comment read by Gem!! Yeah I remember when a pf was 325 to 450. Prcing has gone crazy and the hobby isn't as fun anymore.
All very valid points. Let's hope that more people start getting into the hobby around the world - and keep the companies in business. I got into this less than a year back - hope there are others like me in other countries.
It's no surprise that $1000 statues aren't selling. Not to mention that most statues from Sideshow are artificially scarce with their "limited" runs. They think this justifies raising their prices to ludicrous amounts, but all it's really done is make it easier for people to avoid their products.
I think the statue companies need to start taking some notes from the anime collectable market and mass produce their statues. The lower prices would be a boon.
It's called "sucking all of the profit."
Limited runs are important to people who value the art, paint, and effort that went into it. A 250-500 edition size is very special.
Yup. They know they gonna slap Limited edition tag and impatient buyers gonna buy it no matter the cost.
Rubbish. If sideshow could make a run of 5000 and sell most of them, do you think they’d leave money on the table by only doing 500? The runs are getting smaller because there are less willing buyers at current prices.
For me the money was the SECOND factor. Yes I got burned out due to the way too high costs, but it was actually my IMPATIENCE in wanting very specific characters that felt like they NEVER were ever going to make them!
Ironically now that I'm out of the hobby, some of the ones I thought would never get made, now exist lol.
You provided a good perspective on this issue. I was wondering why so many statues / figures have been going up for sale in my area for 50%+ off of the value. I talked to 1 seller and he was saying how his house he bough 2 years before covid renewed and his rate went from 2% to 6%.
Times are rough out there.
My biggest issue is space. I predominantly buy unlicensed statues at 1/6 or pop scale, so price is fairly cheap. I have enough space for about one more shelf in my computer room, then I maybe done collecting after that.
that's the way, we need more smaller scales than 1/4
This applies to many hobbies these days like collectible cards, retro video games, etc. Too many people who see it as "financial investment" and don't actually care about the hobby itself. "Grading companies" have just wrecked hobbies and raised prices.
I love your channel. I've been watching for a couple of years now. I collect action figures mainly but havee always wanted to start but the prices and space confinement are the two reasons that have kept me out. .
I’m agreeing with pretty much everyone’s reasons for stopping or taking a break. I personally sold all my statues and every time I get the itch to go back I see everyone’s horror stories, and I remember how difficult it was between storing boxes and paying for shipping and having to lug the boxes back in the house to pack up the statue.
Hey Gem thanks for keeping it real and putting the truth out there ! Honestly since I moved into the first house I bought I don’t even bother taking out the statues for display I couldn’t even find them I’m a bibliomaniac and books are my passion but I always balance heavy philosophy or science works with Marvel Steve Gerber Steve Ditko DC Bob Kane Alan Moore Eddie Campbell Chris Clairmont from back in the day comics were a way for me to escape the drug scene and bullies who overdosed and are now 💀.
I wanted to start collecting after falling in love with sideshow's Killer Croc (The one with the sewer splashing foot) however I've only ever seen him go for £700 to £900+ which is incredibly disheartening...
I would have to save for almost a year to justify buying him thanks to the cost of living crisis in the UK. I don't have a 3D printer either, so I'd have to hope and pray the price doesn't inflate further.
Sadly I doubt I'll ever get to start collecting statues. I only want a few, but I just can't justify it or afford it.
Here’s to better days ahead 🍻
I’m always buying only things I absolutely love. But when a character is redesigned and I like that one more I’ll usually upgrade. My main issue is getting my initial funds from my original purchase. I don’t have a ton of space, and the boxes take up too much room. But this down tick is across all hobbies..comics, cards, etc..economy is killing most people. Additional soo many people look at these things as investments as opposed to what they really are, big flosses..thats it
Great video!! I feel like I got lucky...bought a few PF statues when prices were "low" (I thought $375 was crazy back then)...and luckily found a buyer for a 1/3 Batman Noel. I'm kinda done except for the occasional Hot toys. Cheers.
You know me I used to collect XM preordered through you. I got out of the statue collecting almost 3 years ago. Prices got out of hand no more space. Im only collecting hot toys and action figures now.
One thing nobody seems to mention is the movies and shows these days are horrible. In particular comic book movies, which is such a huge percentage of statue collectables. Even if people are after the non movie statues or classic varaints, its still tarnished by the failure of the family orientated style of the Marvel/Disney movies or the failure of DCEU & Star Wars, etc. Put inflation on top of that, as well as a global recession. Then of course nobody wants to get them anymore. They'll just watch youtube vids of what they look like.
nice video Gem...here i'd like to add that there is a " ceiling" price for everything, a price above which it's better to go 3D print or even spend your money on something else...the comic industry failed to notice that point and now statue hobby makes the same mistake...going " full growth" regarding their prices/revenues is not wise when crisis hit hard...
I don't understand that collecting is dying, but a lot of what was said: lack of space, rising prices, bad economy, owning too many pieces, lots of offer of the same character and a bad market for used/old pieces.
I have one statue. Only bought it because you reviewed it.
I normally collect keys and action figures. Omni's in the last 2-3 years.
Small house and limited space, plus the kids and the economy, really hyper focused my collecting hobbies.
Indeed
Keys? Like keys to the house, car, lockers?
Great video GEM. Right on all points. Price points, shipping costs and the oversaturation of the same 9-10 characters are driving this hobby straight off a cliff. Many collectors have already turned their attention and wallets elsewhere. For me and my collection, I see the end coming. I have just enough display space for one more 1:4 scale and one maybe two more 1:3 scale. Which I anticipate will be from LBS. At that point, I will have no more display space for statues or storage space for the boxes. It will be a sad day, but it is inevitable. That day will come for ALL of us collectors. Not a question of "IF", but rather a question of "WHEN". And when it's here, what do we do? I guess there will be two choices... A- start selling off some old pieces to make room for new pieces, regardless of the sale price, or "B" make the difficult decision to simply admire new pieces from afar.
Great video! Digital statues and collectibles solve a lot of the problems talked about in this video, storage, shipping, reselling, etc.
Very good video. Thanks. I'm a collector from Belgium. For me the main problem is the space to expose all my collection and above all the storage of all boxes ... a nightmare! 😞
The boxes. That’s another reason I’m being strict. Yes I got rid of a lot of 1/4 scales but 1/3 boxes are bigger. I built display cases and I’m actually able to store additional boxes inside the cases, completely unseen and unnoticeable, which has been really helpful.
Agree 100% that adds to the cost. And if you plan to sell, even at a loss, you will need these huge boxes stored somewhere, which means storage, which means rental space. Combined with statue pricing, space, and reselling vendors, it's just too much
I have lost interest in comics in general have (after 30+ years of collecting). Comics these days have fallen from grace. So much "agenda" being pushed down our throats along with sub par writing/art has made me want to stop collecting even the older classic books that I loved. I refuse to buy any books made past 2014.
Then tack on the increase in price for these books and statues, along with the fact that I deleted my Paypal after what they did to you (as well as other reasons), now I dont really have a way to easily resell my collection. Not that they even resell for as much these days. The entire industry is a giant mess these days and its no wonder that the collectible market is crumbling.
I collect only 1:10th scale X-men for space , and most recently premium format Spiderman. The thing that kills it for me is the shipping cost to Canada plus duty charges from the border!!! Only thing I would like to pick up in the future is a Hulk statue but pretty much done for now.
I got out a few years ago. Prices got out of control after COVID. Not worth the prices anymore nor the time to deliver. I switched to Omni's, since it's more affordable, more fun & still have my favourite characters in some art form & learn more about those characters.
i stopped collecting in around 2018, started collecting in early 2000s, could get a 1/4 ninja turtle statue back then for 250 dollars. now a 1/4 statue cost you around 800 dollars. its just nuts.
thats insane
I always thought it was dying but when I found your channel it pulled me back in.
Prices have gone up everywhere on everything. It's also oversaturation of the market, insanely high edition sizes, same characters, same poses...some companies have 3 of the same scale statues of the same character in stock. I've been going after Iron Studios because they are able to take chances on characters and poses at that scale and real estate is at a premium.
Sideshow doesn’t charge tax. The U.S. Government does
Yea not their fault… and you know how much I love SS ❤️
I honestly feel 1/10 scale is the way Togo. Cheaper shipping, prices and less space with all the fun of collecting with amazing detail to boot.
I'm single and can blow my money on whatever I want so I still collect statues...although I mostly only buy customs now. The companies raised their prices so much that customs are the same price (or cheaper) plus custom groups actually make the characters I want. I now have Krypto, Steel, Superboy, Cyborg Superman, Eradicator, and properly sized/comic book looks of Darkseid and Doomsday in 1/4 scale.
Same. I gotta learn new skills so I can keep up with the rising costs. I don’t want to slow down on this hobby😅
This has been a conversation that has been going on for years. I remember 15 years ago when people were questioning the prices and the longevity of the hobby. That was when PFs were $250! Hobbies evolve, everything has been rising in cost. I think the problem now is the saturation of the market. There are too many producers, too many options. Eventually, some are going to disappear.
Is a good thing that are many producers and too many options.
Why?
Well look at nVidia..
Statue collecting is 100% the "1%" hobby!
I wish I was in the 1% lol
@@Konuvis Believe me, you don't! What's the point to be able buy most things? The passion will be lost! 😅
Space with not only the statue but storing the box for potential resale. Costs are a concern but also there’s too many options now when in the past there was only a few, this includes customs. With the flood of options there’s a lot of lackluster poses and choices from peoples favorite characters
I've definitely gotten a lot more selective with my buying, for some of the same reasons you already listed in the video:
- Prices, as you point out, have gotten ridiculous.
- Economy is not great, and there are more important things to spend on.
- I'm running out of display room, and I don't sell my collection.
The goal of any statue collection should be to get some pieces that look cool, to get a variety across your favourite shows, anime, movies or games etc, to fill out your space and then call it quits. Things are expensive but I don't think you are supposed to buy forever. Call it quits and enjoy what you have. Sometimes you need to get out.
I'm keeping all my statues til the end end 😂 .. boxes are gone .. but all collectibles are bouncing around now .
I recently bought a 3d printed version statue of venom ,it’s been one I wanted for a while but the price of the original was close to $5k so this is one way to get something close to the one I wanted but also not bankrupt me in the process
I almost bought my first terminator and first ever statue from sideshow made by DSC. It was the T-800 on his motorcycle and the description said it came with a signed COA by Arnold Schwarzenegger so I was psyched. I was at my buddies house about to buy it and he asked me if I ever watched a review on it and realized I hadn’t so him and I looked one up that night. We were watching the review and come to find out that half the reason I was going to buy the statue, the signed coa, was not hand signed it was a printed on signature. Sideshow even advertises it still with the description “signed by the terminator himself Arnold Schwarzenegger.”
A buddy of mine just got into it whos done very well in real estate and is an investor. Hes a young bachelor, no kids or wife. He has bought the statues as visual ornaments to display.
He has only bought quality 1/4 & 1/3 scale characters that he likes to keep forever, and will only buy that size. Those only two characters are his favorites. He avoids sideshow due to hollow statues. His pieces he has found deals on even pre orders direct free shipping. He definitely bought into it at a great time and is doing it the right way to buy them quality to keep forever
Premium big statues are just really expensive, plus they can take up alot of space. Its a pretty niche market based on those two factors
Ive been in the statue collecting game since 2018, i love the hobby, but throughout the years ive become more picky, mostly because of space and pricing issues, but still trying to make room for new future pieces.
For me, my process going forward is also, i will keep what i own and i wont sell ever, so i will just enjoy and feel lucky that i have what i have.
I am hyper selective of any statues I pick up now. I keep eyeballing a ton of them and then never pick them up.
You are right. Higher cost of statue + higher shipping fees + tax + expensive house price, because you need a bigger house to collect more
Great video Gem. Hobby is definitely in shambles. I’ve only pre-ordered one statue this year and will likely only order one more if it goes up. This year I technically had about 5 come in, but it was all pre-orders from 2020-2022 that finally came around. Space is now a limiting factor.
Main problem is waiting on statues to come out, pre order is a year out from now. Plus no room for boxes like everyone else. Plus price is a factor
I have only a few statues and the primary reasons are: 1. Space- Them pretty 1/6 statues take up a fair amount of room. 2. Cost- If I'm going to drop $600-800 for a statue, I better love the statue because that's the cost of medium to big key comic. 3. I've held myself back from even looking at what's coming out or what's available on the secondary market just to focus on comics.
Gem you nailed it. Inflation+insane price hike+high shipping+poor resale market= Dead Hobby 😢
LOL...after this video, you inspired me to cancel my orders that I have with Spec Fiction. I may lose the few hundreds in down deposits but save thousands overall. This helps me cut my losses.
Aw man, don’t tell Todd it was cause of me 😩😂
@@GemMintCollectibles Your secret is save with me. 👌
It's slowly dying. If inflation prices, shipping and import fees/tax continues to rise... I don’t see buying statues lasting in the future. And I say this as someone from the UK 🇬🇧 who has to pay astronomical amounts for pieces to be shipped, including import, etc.
This is why I'm being very selective buying certain statues. My collection is almost complete. A few more pieces, and I'm truly done.
Prices of pieces are insane, cost of living is constantly rising and quite honeslty they're a waste of money.
Companies need to solve the shipping dilemma. With the aftermarket crash and paying almost half the price of the statue just to get it, is insane.
I have 4 statues pre-ordered and dreading the shipping cost.
I still have hope though. Companies need to adapt. Hopefully this video helps. Thanks Gem 💎
Agree 💯 I just collect the statues I really love now. Like the MOTU line.
Lol...I bought a 1:6 scale XM Batman Rebirth today after notification of availability from Speculative Fiction. Also got a 1:10 Iron Studios Batman on Batsignal after Sideshow notified of availability. Smaller statues with small "they will go through the trap into the attic" boxes, lol, but they still provide a measure of the collecting need, I guess. 😮
The XM Batman, like the Hal Jordan Rebirth, will be smaller than the Tweeterhead 1:6s and, once their Batman arrives, the XM may have to depart. 😢
I’ve only ever bought one statue, from Sideshow, and was so appalled with Sideshow’s customer service that I’d decided against buying any more.
I collected statues way back. I stopped for the following- cost more, they don't resell well, break easier than a 1/6th scale figure ( affecting resell), take up the room.
I knew this was going to happen. I said around 2017 that Sideshow had about a 10 year life line. Inflations a bitch and the market is flooded. Hot toys is in trouble too. The new marvel movies aren’t great so those toys aren’t going to sell like before. Also before people would buy a statue as soon as it dropped because they were trying to get all the X-Men or all the Justice League. Now I don’t really need anything and without actually seeing them in person at SDCC I don’t really want anything. Seeing them in person was a huge selling point. Also the OG collectors are out of space or money and the Hobby isn’t getting new fans because of the cost now. If the prices were this high when I started I wouldn’t have gone in.
Yeah, it's sad sideshow will probably never finish the xmen line.
I don't collect statues but I am a collector and even our hobby is slowing down a lot. Economy is killing everything.
great video gem. timely, as i just cancelled a statue i’d been looking forward to because it’s just an unjustifiable outlay. and i’m fortunate enough to have a good income. i’ve been collecting statues since Punisher comiquette in 2010ish. it’s sad, but the prices are wayyy out of hand now. sideshow are actually the most reasonably priced vs sculpt quality imo, but even then, it’s hard to justify the outlay.
Just to many companies pumping out statues these days, so it’s killing resale. As far as prices on new pieces, prices go up on everything if people are buying bottom line. So as long as people line up to buy, prices will rise like with everything. It shows the economy is strong. Don’t believe media lies about the economy. Just my opinion 💎 I like what you do.
1) space - the terrible trend of ever bigger and elaborate bases is out of hand. Now you can hardly find a 1:4 that fits in a 24 inch height cabinet.
2) sideshow used to charge $10-40 for shipping, now it’s $50-150, you always have to add $100-250 to the msrp just for shipping and tax, so I stopped buying from sideshow
3) the market is so saturated, used to be you got 1 Ironman from sideshow every 2-3 years and it’s an event, now dozen of companies + even more non licensed customs are being made for every character at all scales.
But mostly for me it’s space, there is only so many 25-30 inch statues one can fit..and I am not even looking pass 1:4
100% gem, agree.
I’m over 150 statues into my collection and a lot of money later, but I don’t buy like I used to. The 2nds market can get peices 2 - 3 years old for alot cheaper.
I only buy pre O if it’s a piece I really like.
Not sure where this hobby will be in 3 - 5 years.
Yo gem, great video I'm not a statue collector (have a couple) and I'm more of an anime scale collector (usually 1/7 to 1/4) and a lot of what you're talking about is prevalent in our game too.
It's just expensive even with how much the yen's buying power has dropped, money here in the USA is just on a tight leash right now for most people and they're saving for a recession, shipping charges have skyrocketed, space is limited, the aftermarket is tough, and pre-ordering has become pointless because most of these pieces just get re-printed or get discounted not even a month after they're released so the people that pre-ordered got punished for doing so.
Y'all should keep in mind that these figures and statues aren't limited experiences, sure you might have to pay up in the aftermarket or maybe you won't be able to find it later down the road, but the money is better spent on doing something like traveling while you're young and healthy, or if you're looking to invest there are safer and more beneficial options. That being said I'm gonna stay collecting but I'm just much more selective right now until we're in better times as a country and as a world.
Better times are coming baby, keep your heads up guys, whoever's reading this I hope something good happens to you today 💪
I don't buy unless I absolutely love it and can't take my mind off of it you can't just like it anymore. Way too expensive these days
I buy a ton of Anime statues each month but there are so many companies saturating the market its like limited game companies, they are everywhere. I settled down and found some ground with iron studios 1/10th scale, just collecting up some x-men. There is so much temptation with all the statues going on sale some down to 30 to 60 dollars, down from 200+ no joke, but I now bought a storage unit just to fit all the new stuff coming in. As for larger scale figures I used to buy maybe 8-10 a year but besides space issues, they have become so expensive i cant continue even if i wanted. I noticed ebay prices with statues are really going down on certain items that used to be expensive on the resale market, especially statues from many years ago.
Scammers is also an issue id say. At this point I wouldn’t buy a statue from a seller for fear of not getting the item or it coming damaged. That goes for selling as well.
I like this formula 🤔… you ask questions and show answers and start a discussion … ❤
Once you go 1/3rd you can never go back to the smaller pieces. I remember when I first found this hobby, I spent $12000 right off the bat on 7 statues. Crazy. Definitely not doing that these days and you just can't sell anything now without taking a huge hit. Money is too tight and prices (particularly shipping) have put a kibosh on buying just anything. My last couple of Prime 1 pieces really hurt me with the shipping and customs duties. Won't be doing that again anytime soon.
Bowen designs was one of my main purchases from 90’s till about 2012-14 I think. Space definitely became an issue when I found my better half and concentrated on her and our house. Few pieces I’d like to get but prices/economy have definitely become an issue plus the fact that I’m retired around 2 years now
In some cases stays prices for 1/4 statues are $2000.00. Because I’m not willing to chase the statues and rising prices I’ve decided to start getting rid of statue line that I thought I’d never part with.
Prices are out of control. If companies want to continue selling they better drop those numbers real fast.
I have no statue preorders , not buying anymore statues. Anything over $1k is my cutoff now. Not gonna sell any statues either now. Gonna sit on them for now.
I luckily snatched an old perfect condition Magneto 1/4 scale Sideshow statue from a local seller on FB MP. I inspected every square inch before paying. It was fairly priced too with NO SHIPPING since I picked it up myself. Otherwise, I keep to my one 1/4 scale every 4 months to stay within my "Budget."
Amazing video. Great points. Unfortunately because of space (born and raised in nyc) I’m only getting 3 video game statues in 2024. All the last of us prime 1 pieces. I also collect sneakers, vintage tees, and video games and I’ve noticed that the aftermarket on those hobbies are running dry too. The economy is starting to get everyone. Its time to slow down and start making smarter decisions.
Hey Gem, I’m also cutting back. I collect Hot Toys and a few smaller Statues. But I’m running out of space to display and store boxes. I’ve canceled a few as well. My income isn’t getting better so 2024 looks like I will have stop all together. I’ve been wanting to own a Prime1 statute and queen studio but it’s looking like I will never be able to. And I currently have a few of my own collectibles on eBay trying to sell some away. I don’t want to lowball myself but I might have. Tough times!
One of the biggest mistakes collectors make is buying a statue not because they like it. Instead they will buy the statue just to sell it and make money off it. If you are doing that, then this hobby is not for you. It just pointless if you are already thinking about selling a statue you haven't even bought yet.
I wonder is this why Prime1 has moved into PVC with their Prisma Wing line? Because I’m buying anime figures now and it’s going strong, the prices are a little lower, usually $100 - $400.
*Never saw the pizazz in statues other than the Psyloche and Chun li ones I purchased at a local Hello Kitty shop many years ago.*
I've only bought 3 statues this year. Next year I probably won't buy anything more than 1 statue. Have to be picky on what I'm willing to spend money on.
I stopped collecting because I got all the characters I wanted/like. Also I ran out of room to display and store the huge boxes. 1:4 scale statues take up so much room!
I have always liked statues. And it’s a pricey hobby to get into. But what you get is amazing. For me, the example of why I avoid it is the example of Iron Studios… every video I see on the 1/10 Jurassic Park Explorers Dino breakout are damaged. I don’t want to spend thousands and still have a restoration on my hands. That being said, I have seen some amazing collections that I do envy. I hope that the hobby continues for those that have a passion for it.
The prices are too high. Wherever I buy, I pay high shipping. For example, for a big statue like XM Soundwave, I pay 600 USD, then I pay 25% tax on the price plus shipping. Later, I can’t sell it on the entire market in Norway ever again. It’s sad, but it is what it is. The space is also a big problem because of the boxes.
It is, the last purchase I had was 2 years ago. The prices have gotten out of hand. Also, it helped that the MCU has been putting out garbage films, with people losing interest in comic book franchises, it also hurt the demand for the hobby. Usually, newcomers are the ones who are willing to shell out more because of FOMO. Also, some people have gotten over the phase and started new hobbies that are more affordable. For me it's mechanical keyboards, flatbox hitbox controllers
[3:35] I'm not much of a physical statue collector. I find this topic interesting coming from the McFarlane Digital space they recently allowed one of their Dragons, the Eternal Dragon, to be downloaded and printed at home. I seen on X someone 3d print it in fact. I find this fascinating that a big toy company like McFarlane will allow the file to be downloaded. WIll it eat away at their physical toy series? IDK. Do other big IP/toy companies allow this or just non-official STL files can be bought typically?
Without watching the video, here are my complaints:
Statues are too big
Prices are astronomical
Oversaturation of characters and poses
Tax + Shipping making the statues 50% more in price
Designs are trash now
My solutions:
1/6 scale
Use AI to design pieces
Keep pieces under 500 units
A thing I noticed that might have a bearing on the hobby is I noticed the other day in the mall I saw about 5 different shops that had statues some in a store front others in spot in the middle of the walkway. So it could also be it's so easy to get one now that the novelty has worn off? Just a thought.
Costs are crazy. I don’t understand why companies don’t offer better payment plans. If a statue takes 18 months to make, make a 18 month payment plan. Reduce it each month as it gets closer to release. If I was making less than $100 payments in each preorder I would quadruple my preorders.
even the 1/6 scale figures from HT have gotten expensive to the point where folks are no longer POing them and just waiting for them to be released so that they can buy it cheaper .
I would love to buy some of the bigger versions. But I can barely afford those unless I really want it. I perfer the iron studios, kotobukiya, because of price point on those statues stuff is best for me. Space is also a factor, life expenses have kind of caught up. But I wanna continue for sure.
I agree. The omnibus game too. Omar and others choose not to believe but it's true.