I have the same thoughts, it’s a ebb and flow. True collectors will ride it out. It’s a definite buyers market, May as well take advantage. I don’t collect to get rich.
It is hard to impossible to before “rich” collect anything. While collectibles can be a great place to park capital, there is a lot of risk. A leaky roof can cause water damage over night, or a fire could wipe out an entire collection in the blink of an eye.
@@MattWoodsComics I sure hope so buddy not for my sake I'll probably never get off the ground but for those out there who have put the work in you know?
Now is the prefect time to assess your goals, hobby habits and PC. Trail by Fire always spawns the best results. I’m looking forward to this period over last year’s over saturation in pricing by a mile. Trust your gut. A wise man once said ‘Buy a Comic Book that you love and love what you own”…
Last years price increases were a little bit over the top. Not a fun environment to be hunting in. Much prefer this market as well. That is a really wise statement, do you know the wise man that said that?
Great video Matt, I’m riding the the wave as well, so far the wave has gotten me a FF 12, The crow 1 and iron man 55 as well as as assorted raw Bronze Age Kirby books… I love when actual collectors talk about the market and how long they have been doing the do…keep up the great work 🤘🤘🤘
Around 2009 I bought a Silver Age X-Men 14 cgc 6.0 for $150 and I struggled to convince myself to pay that much. I paced around for days wondering if I should even pay that much. That was high! Sold it last year for $1k. I still can't believe how prices have risen.
It is amazing how the prices have changed for these books. It is fun now that values are so high but I miss being able to buy a Silver Age Key without selling another book in the collection to pick it up. Now I need to move books out of the collection by selling them to get the keys that I’m after.
Great, baseline economics info vid sir! When the price of necessities goes up, the value of incidentals goes down (and fast!). It is indeed a good time to buy collectables and such during those times, always assuming that one has the "disposable" income to do so. With the state of online selling, this sort of downturn is actually advantageous to the short/mid-term Flipper (no extra cost associated with travel; one can simple mail the stuff nowadays); buy when the prices are cratering from people who are suddenly strapped for money, then hold it till things invariably level off and rise again (though with the rate we are careening off the rails right now as a country leads me to expect a far slower climb back up to previous prosperous levels) and sell on the upswing. At this point, I would compare comics/collectables to Bonds or Mutual Funds; buy them and hold them for future sales. When we get back to where the economy has course-corrected, those same comics/collectable will be more comparable to stocks with the wild upswings in value, and Flippers become more akin to Day Traders. So much value for things such as comics is predicated on the disposable income surplus, which is in sharp decline currently. One thing that I do not understand, nor trust, is a comic suddenly gaining immense value due to a movie tie-in. In the immortal words of Admiral Akbar on this phenomenon; It's a Trap!!! I think any value from this will be fleeting, at best. Warren Buffett was once famously asked why he didn't take a bath in the Dot.Com bust. He simply stated that he didn't understand the product and thus didn't invest in such entities. I don't understand hype of a movie effecting the price of a comic with a tie-in to any appreciable effect unless normies out there start clamoring for comics like they were in the early 90's (as investments), which I honestly don't see happening. In the end, when the same amount of people (regular comic collectors) are vying for a book, the book doesn't really have any more "demand" than it did before; it needs more interested parties in order to naturally increase it's price. What happens when the movie fades from current popularity, or, in the case of many releases now, underperforms drastically? In 10 years when most of these comics movies are sitting in (probably digital!) dollar bins, will that huge short-term value boost remain on the comic? Hard to say. Maybe NFT's will take over and relegate floppies to the recycle bin of history ;-P
The stock market has been fluctuating MUCH more wildly than the comic market. My stocks for example have been riding WILD waves, meanwhile, comics are tangible. Comics are cool. There is nothing artistic about stocks.
I don't have any really expensive books,, but do have a lot in the $10-$50 range. I sell to buy what i want and recently I've done some deep discounts. Its not that I'm desperate to be rid panicking or have no faith in the market. Its because I've got my eye on the prize. If the book I want is deeply discounted, well that all works out.
Hi I’m looking to purchase several 1970-80 comic books. Brand new to collecting comic books, in this current time, is the general market back to prices pre-2020?
Comic books are definitely coming down in price. But the values change daily. While it seems that most books are coming down there are still comic books going up in price. It is hard to say that the prices are pre-2020. Some are, some aren’t.
@@MattWoodsComics I agree, the sky is not falling. It's only falling for people who became the new highest price sold on eBay and heritage... I'd enjoy a real crash, I'd go after some of those blue chip bronze age keys I drool over if real money left the hobby.
Swimming in the ocean is just learning to let yourself go and flow with the water. It is hard to make sudden course corrections. Takes more of a methodical planning approach. I see you being a surfer hanging ten on the waves.
Great time to buy those keys. I would definitely stay away from spec comic books based on the Disney movies and shows. The movies and shows have been horrible woke garbage or just okay at best and the comics tank right after
@@MattWoodsComics thanks well im just saying that I used to read comics when I was a kid but then I grew and I wanted to read comics but Manga was there and I could back order any issues I wanted.
@@MattWoodsComics also you gave very good ideas like the pricing issue. Or not leading newcomer’s into new comics. Now I’ll ask you how can I read Batman like the Batman in the 80s 90s? Maybe earlier
@@KeepaSkateboard there are a few different ways to read comics online. That is how I read back issues. Comixology is a very popular method of reading back issues.
Thoughtful analysis, Matt! 👍🏻👍🏻
Definitely an interesting time to be in the collection hobby.
Nicely done. I was ready to throw my hands in the air, scream and run in circles .
Nope, no need to panic. We will all ride this wave out. 🌊
Haha this made me giggle
@@trevtheshippingguru 😃
Excellent video and assessment, Matt.
It is always good to assess the markets before we place our hard earned money into those markets.
Matt I agree it's a buyers market right now. Trying my best to replace keys I lost many years ago. I hope I have time to replace a few.
Definitely the time to pick up a long term grail if you can!
I have the same thoughts, it’s a ebb and flow. True collectors will ride it out. It’s a definite buyers market, May as well take advantage. I don’t collect to get rich.
It is hard to impossible to before “rich” collect anything. While collectibles can be a great place to park capital, there is a lot of risk. A leaky roof can cause water damage over night, or a fire could wipe out an entire collection in the blink of an eye.
@@MattWoodsComics I hear ya, insurance is a must in this hobby if you have a decent collection at all.
Excellent perception on the comic market, well done Matt!
Thanks Steve! I think we will be alright. This isn’t the first time we had a downturn.
Many good points, all well said! Thanks Matt!
Solid rational take on this Matt. Great stuff as always!
We don’t need to panic. It is just riding a wave.
That's pretty sad news but kind of expected I'm still going to keep making my comic on my channel though.
While prices are going down for now. I’m sure the market will eventually rebound.
@@MattWoodsComics I sure hope so buddy not for my sake I'll probably never get off the ground but for those out there who have put the work in you know?
Great stuff Matt!!!
Thanks Scotty
Love the Macroeconomics lesson. Time to dig in the collection and learn how to press and get my values up.
Not a bad time to look at other parts of the hobby.
Now is the prefect time to assess your goals, hobby habits and PC. Trail by Fire always spawns the best results. I’m looking forward to this period over last year’s over saturation in pricing by a mile. Trust your gut. A wise man once said ‘Buy a Comic Book that you love and love what you own”…
Last years price increases were a little bit over the top. Not a fun environment to be hunting in. Much prefer this market as well. That is a really wise statement, do you know the wise man that said that?
Great discussion Matt. The key is to put yourself in the position (cash positive) to take advantage of these situations.
You have that right. Cash can be king n times like this.
Great video Matt, I’m riding the the wave as well, so far the wave has gotten me a FF 12, The crow 1 and iron man 55 as well as as assorted raw Bronze Age Kirby books… I love when actual collectors talk about the market and how long they have been doing the do…keep up the great work 🤘🤘🤘
You have scored some nice books recently. You know how this game works. We all have to take the good along with the bad.
Around 2009 I bought a Silver Age X-Men 14 cgc 6.0 for $150 and I struggled to convince myself to pay that much. I paced around for days wondering if I should even pay that much. That was high! Sold it last year for $1k. I still can't believe how prices have risen.
It is amazing how the prices have changed for these books. It is fun now that values are so high but I miss being able to buy a Silver Age Key without selling another book in the collection to pick it up. Now I need to move books out of the collection by selling them to get the keys that I’m after.
Great, baseline economics info vid sir! When the price of necessities goes up, the value of incidentals goes down (and fast!). It is indeed a good time to buy collectables and such during those times, always assuming that one has the "disposable" income to do so. With the state of online selling, this sort of downturn is actually advantageous to the short/mid-term Flipper (no extra cost associated with travel; one can simple mail the stuff nowadays); buy when the prices are cratering from people who are suddenly strapped for money, then hold it till things invariably level off and rise again (though with the rate we are careening off the rails right now as a country leads me to expect a far slower climb back up to previous prosperous levels) and sell on the upswing. At this point, I would compare comics/collectables to Bonds or Mutual Funds; buy them and hold them for future sales. When we get back to where the economy has course-corrected, those same comics/collectable will be more comparable to stocks with the wild upswings in value, and Flippers become more akin to Day Traders. So much value for things such as comics is predicated on the disposable income surplus, which is in sharp decline currently.
One thing that I do not understand, nor trust, is a comic suddenly gaining immense value due to a movie tie-in. In the immortal words of Admiral Akbar on this phenomenon; It's a Trap!!! I think any value from this will be fleeting, at best. Warren Buffett was once famously asked why he didn't take a bath in the Dot.Com bust. He simply stated that he didn't understand the product and thus didn't invest in such entities. I don't understand hype of a movie effecting the price of a comic with a tie-in to any appreciable effect unless normies out there start clamoring for comics like they were in the early 90's (as investments), which I honestly don't see happening. In the end, when the same amount of people (regular comic collectors) are vying for a book, the book doesn't really have any more "demand" than it did before; it needs more interested parties in order to naturally increase it's price. What happens when the movie fades from current popularity, or, in the case of many releases now, underperforms drastically? In 10 years when most of these comics movies are sitting in (probably digital!) dollar bins, will that huge short-term value boost remain on the comic? Hard to say.
Maybe NFT's will take over and relegate floppies to the recycle bin of history ;-P
Economics 101!
You are so correct about the books that spike in value because of movie news. It doesn’t last and the books come back down to Earth.
The stock market has been fluctuating MUCH more wildly than the comic market. My stocks for example have been riding WILD waves, meanwhile, comics are tangible. Comics are cool. There is nothing artistic about stocks.
So true, stocks have been taking a beating. At least comics have great art and are cool. 🫡
I don't have any really expensive books,, but do have a lot in the $10-$50 range. I sell to buy what i want and recently I've done some deep discounts. Its not that I'm desperate to be rid panicking or have no faith in the market. Its because I've got my eye on the prize. If the book I want is deeply discounted, well that all works out.
You have the right attitude. The wave is relative. Like you said, as the books you are selling go down, the books you are buying also go down.
Hi I’m looking to purchase several 1970-80 comic books. Brand new to collecting comic books, in this current time, is the general market back to prices pre-2020?
Comic books are definitely coming down in price. But the values change daily. While it seems that most books are coming down there are still comic books going up in price. It is hard to say that the prices are pre-2020. Some are, some aren’t.
Great video, common sense collectors unite , comic books are a luxury item .you and Reggie are the two best collectors on TH-cam keep it coming.
Wow, being mentioned in the same sentence as Regie Collects is a giant honor. Thank you!
In the event of a crash, strap in and buy comics for what they realistically should be worth anyways.
A correction is always good for a market. We are just in a mild correction.
@@MattWoodsComics I agree, the sky is not falling. It's only falling for people who became the new highest price sold on eBay and heritage...
I'd enjoy a real crash, I'd go after some of those blue chip bronze age keys I drool over if real money left the hobby.
It does mean something if the pop report has increased. It means those comics arent as rare...
Exactly!
idk matt I Hate Fairyland continues to go up in value lol
Lol, that IS an important book.
@@MattWoodsComics 😉
I hope to ride the wave since I am a poor swimmer and likely will sink otherwise. 😉
Swimming in the ocean is just learning to let yourself go and flow with the water. It is hard to make sudden course corrections. Takes more of a methodical planning approach.
I see you being a surfer hanging ten on the waves.
Great time to buy those keys. I would definitely stay away from spec comic books based on the Disney movies and shows. The movies and shows have been horrible woke garbage or just okay at best and the comics tank right after
Perhaps People don’t need the old stories cause comic companies been banking on remakes?
That is a good theory. As good as any ideas that I have.
@@MattWoodsComics thanks well im just saying that I used to read comics when I was a kid but then I grew and I wanted to read comics but Manga was there and I could back order any issues I wanted.
@@MattWoodsComics also you gave very good ideas like the pricing issue. Or not leading newcomer’s into new comics. Now I’ll ask you how can I read Batman like the Batman in the 80s 90s? Maybe earlier
@@KeepaSkateboard there are a few different ways to read comics online. That is how I read back issues. Comixology is a very popular method of reading back issues.
I was able to snag MS5 cheap
That is an awesome book to have and you got it at the right time as well. Well done. 👊
Buy…
Can’t argue with that! It is time to buy if you can.
It's a correction not a crash. Smart buyers are buying.
You are absolutely correct! This is more of an opportunistic time than anything else.
It means cheaper books!
It can definitely be an opportunity!
Nothing
😁👊🏼
Buy buy buy
It is a good time to buy! But are we at the bottom of the market yet? Or are the prices going to rebound?