My 10 Biggest Comic Sale Losses of 2024

Рет қаралды 4,450

12 күн бұрын

In this video I go over my 10 biggest comic sale losses for the first half of 2024. I also talk about what I think caused them and how you can try to avoid similar situations in the future.
I'll continue posting more content weekly!
Remember to Like and Subscribe if you enjoyed the video =).
________________________________________________________________________________________________
Selling Your Collection?
Reach out to me at:
Email:
automatic.comics@gmail.com
Instagram:
@Automatic_Comics
/ automatic_comics
Check out my eBay store at:
I will give a discount on eBay prices if you reach out to me on Instagram!
www.ebay.com/str/automaticcomics
You can also reach me by mail at:
Automatic Comics
PO Box 50352
Arlington, VA 22205
#cgc #mcu #comiccollection

Пікірлер: 32

@ddougherty8266 10 күн бұрын

Great comment you had - if you want to sell in a declining market, the best thing to do is to leap-frog down, under the falling price, and get the heck out. Real estate analogy - our neighbors had a $1.4M house up for sale, in a declining market - they waited and waited for a comparable offer, and slow-walked $50K reductions every 60 days. A little more than a year later, they sold it for $975K. It would have sold immediately for $1.2M a year prior. Never try to catch a falling knife.

@CosmicTrekker 10 күн бұрын

Interesting analogy, and it's probably true in any speculative market including stocks (I've watched that happen too many times and early in my career, to me!). If you want to get out, then get out instead of "yeah, I want to get out of this $50,000 position, but you know... I'd like to only lose another $100, not another $200, so I'll hang on for a better price..." It's like, dude, you're quibbling over and trying to milk $100 out of a $50,000 position you want to get out of and is tanking.

@chrisojeda7377 9 күн бұрын

I agree. We've all taken massive losses because a lot of us thought the bubble would last a few more years. I made out pretty well during the bubble, but i did take some L's along the way. My biggest win was selling 90% of my collection during the bubble. Im glad i did because i was becoming a hoarder rather than a collector. I got more than I hoped because no one would have given me that amount of $$$ now.

@blackswampcomics5098 9 күн бұрын

Not surprised that the majority is Marvel and not just this list but most similar videos as well

@jlcollectscomics 4 күн бұрын

Great content. 🎉🎉 Very informational

@CosmicTrekker 10 күн бұрын

Man, there were some dumb mistakes in there, and I'm glad you posted them just so I know you're human. 🤣 Seriously, thanks for being open about your duds and specifically what happened to make them duds for you. I love stuff like this that helps educate. It'll help me for when I decide to sell someday.

@coydogf23 10 күн бұрын

Appreciate you showing beats in this one. You add a lot of context and share your insights on how we might avoid similar traps. Such a practical video that will start helping me immediately, thank you!

@ddougherty8266 10 күн бұрын

Great video - Very honest (and humble!).Great analysis on a book by book basis too.

@idleivey Сағат бұрын

Cool video, very informative. Do you have any idea what your average time is that you have a book before making a sale?

@JSSBrooklyn 10 күн бұрын

Eggs, omelette. Frankly, it’s certainly apparent you are doing better than the 2020-2023 spec crowd at this point in time. Informative as always appreciate the video - and here’s to a better 2024 (for us buyers, apologies!). Thank you again.

@jabezcreed 11 күн бұрын

More important to know what the losses are than the wins if you are trying to make a profit. Thanks for sharing.

@collectiblestoastonish 10 күн бұрын

I appreciate stuff like this Ryan. I know Bronzeville Comics talked about a book he overpaid and it helps other collectors see we are all human and not all purchases are winners. Sorry to hear about the ones you mentioned. In Reality it's lessens your tax burden when added onto the other profitable books. I follow you on Instagram and I don't think I saw the follow up on that Justice League book. I'm glad to hear Ebay removed the feedback. I always check buyers feedback when they send offers. I think when they said would you "except" maybe their poor English could have been a red flag 😂😂

@Daniel-bl9px 8 күн бұрын

As an Excel Guru I would be interested in your tracking for buying and selling comics as well as fees for cleaning, pressing and shipping. Do you also track value of comic from purchase? Great insights and keep up the great videos! 👍

@jesselynch1928 10 күн бұрын

Great video. Learned a lot. Would also learn about your top 10 Wins but then someone out there might feel bad if they sold it to you via auction or whatever. So I get why you wouldn’t want to do that

@MichaelPedersen-ms1lp 9 күн бұрын

Definitely a buyers market. I still feel it’s going to go lower too. I’ve been offering FMV for GA/SA books here and there but many sellers still think it’s 2021/22. If you put in FMV for an auction, there’s a really good chance you’re going to get a “deal” (I got a couple I’m really pleased with just yesterday!). Good times if you’re a true collector and not so good for flippers.

@pokacat1 10 күн бұрын

Thanks for sharing! I know this talks about your losses but do you have target for when you sell such as its trending at 20% profit? ETA Nick used to mention 10% seemed a bit on the low side but he did deal in bigger books.

@michaelstarr1285 7 күн бұрын

Prices are collapsing

@DanSchawbel 11 күн бұрын

At what point do you decide to take a loss? When they are under by 25% without any future spec?

@AutomaticComics 10 күн бұрын

It’s usually time more than anything.

@robertdeveau7445 10 күн бұрын

year isn't over man, u have 6 more months to have even bigger losses, I hope you don't break your current record!

@ericchang3531 11 күн бұрын

as a collector when you get the things you want and someone gets what they want its win/win, even if both books went down. of course from financial standpoint that's loser talk. lol

@commodorerook3797 7 күн бұрын

Why sell a book if you know you're gonna take a loss? Id rather hold onto it.

@666MrFrost 6 күн бұрын

I'm interested in selling modern comics 70's and 80's mostly that are CGC graded (the values range between 200.00 to 2,000.00 on average). I wonder if you or some of my fellow subscribers to your channel can possibly help me in determining what the best auction houses might be. I'm currently trying to decide between ComicLink and Heritage, but I'd be open to hearing about other auction houses of a similar caliber. I thank you all in advance!

@joshearsley2335 10 күн бұрын

I’m curious because it seems like you really like these books. I’m wondering why you don’t just hang on for a few more years and see what shakes out. It sounded like most of the purchases here were only a couple years old.

@AutomaticComics 10 күн бұрын

Because I am more effective with the money actively buying and selling than waiting years to see if they go up.

@ComicCollectorGeek 10 күн бұрын

Overall you did well. Your losses were mainly because of the comic boom correction.

@johncastellana4483 10 күн бұрын

Just hodl 😂

@jwashin4 10 күн бұрын

We don’t enjoy your losses, we commiserate with you.

@AutomaticComics 10 күн бұрын

I think some people enjoy them 😂

@jesselynch1928 10 күн бұрын

@@AutomaticComicsI think you are right. It’s probably because you are so good at this. Personally I enjoy this type of video because I learn so much from it.

@ericchang3531 11 күн бұрын

why are we watching .. scha·den·freu·de lol , I also just sold my x-men 9 and Raphael 1 at a loss too, but its ok other books to buy are cheap too.