Why were the 90's so oversaturated?

jedimarley · Post by **jedimarley** » Sun Apr 10, 2005 3:38 pm

Good read jcdenton.Very insightful.

But, ah, sophmore in high school in '93...
Thanks for making me feel VERY OLD...

BTW, what grade did you get on this paper?

GGSAE · Post by **GGSAE** » Sun Apr 10, 2005 4:51 pm

Very well stated, it's just like any other market, each has it's perpeptual booms and busts - one necessitates the other. We have to keep in mind that logic is not correlated to emotion (greed). If you want a ridiculous example, consider the dutch tulip craze of the 1600s.

whetteon · Post by **whetteon** » Sun Apr 10, 2005 5:21 pm

So is today's market similiar to the 90's market or is the hobby substained by individual collectors? And how does cgc fit into all of this?

jcdenton · Post by **jcdenton** » Sun Apr 10, 2005 6:03 pm

jedimarley wrote:Good read jcdenton.Very insightful.

But, ah, sophmore in high school in '93...
Thanks for making me feel VERY OLD...

BTW, what grade did you get on this paper?

Thanks! I don't remember the grade, but I do remember my teacher thought I plagiarized it :x and deducted points because of improper attribution (actually a total lack of attribution)

for the various statistics and figures. I just didn't feel like leafing through every magazine I owned to find the sources of the numbers and whatnot, since a lot of it was stuff I had written from memory.

Still, she was right about the attribution part, just not the plagiarism part!

Chuck · Post by **Chuck** » Sun Apr 10, 2005 6:47 pm

mrknapp33 wrote:Are we in line for another "perfect storm", namely in the CGC market? I just picked up the Feb issue of Wizard- please don't blast me for reading it ocassionally- and I couldn't believe the amount of D Sucking that Wizard does to CGC.

I know that many of you have clearly delineated your positions on CGC and other grading services, but I have a hard time understanding how a NM copy of Harbinger 1 can lose value to $30 while a CGC 9.8 goes for over $900! I realize that CGC is a great way to insure the grade of a book bought over Ebay, but how does this work if you can go to an LCS and cherrypick the best copy? I see this as the bubble that will burst soon. I just hope that it does not shut down the market.

Please don't misconstrue this as a post merely bashing CGC. I recoginze it as a now-established force (5 years) in the collecting world. I am praying that IF it does burst that it does not put another huge hurting on the industry.

As I stated earlier in this thread:

"Once population levels of 9.8s start to saturate books that were thought to be rare; prices on 9.8 will start to fall.

Of couse books that are truely rare: Golden, Silver, and Bronze will always be in high demand regardless if CGC'd or not."

For example, if you see a current 'HOT' comic CGC'd at 9.8, it is really not that rare. However, the current market comands a hefty price for any 'Hot' comic CGC'd at 9.8.

Like most things, there is a saturation point (i.e. supply exceeding demand).

Mordern and current comics can be easily found in high grade (9.6 to 9.8). The only best bet for modern and current comics is if it is CGC'd at 9.9/10.0 (now that's rare).

A good example is WOLVERINE'S ORIGIN LS. When it first came out, standard issue 2 at 9.8 could sell for as high as $100 (highest paid auction listed on the Standard Catalog of comics is $109). However, the average market value if ORIGIN 2 at 9.8 is closer to $35.

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... eName=WDVW

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... eName=WDVW

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... eName=WDVW

I think all the above auctions sold cheap compared to when ORIGIN was the 'HOT' (CGC'd) comic.

GGSAE · Post by **GGSAE** » Sun Apr 10, 2005 8:27 pm

Yeah, good examples are high print valiant number ones like Turok#1 with 9.8 grades. These things were made to last, if people make the effort to get them graded the 9.8 will lose it's appeal and won't trade for much.

jedimarley · Post by **jedimarley** » Sun Apr 10, 2005 8:30 pm

GGSAE wrote:Yeah, good examples are high print valiant number ones like Turok#1 with 9.8 grades. These things were made to last, if people make the effort to get them graded the 9.8 will lose it's appeal and won't trade for much.

The 9.8 will not lose it's appeal...
It's the book that will lose it's appeal.

GGSAE · Post by **GGSAE** » Sun Apr 10, 2005 8:38 pm

jedimarley wrote:
GGSAE wrote:Yeah, good examples are high print valiant number ones like Turok#1 with 9.8 grades. These things were made to last, if people make the effort to get them graded the 9.8 will lose it's appeal and won't trade for much.
The 9.8 will not lose it's appeal...
It's the book that will lose it's appeal.

That's the only appeal it has...

Chuck · Post by **Chuck** » Mon Apr 11, 2005 12:48 am

GGSAE wrote:
jedimarley wrote:
GGSAE wrote:Yeah, good examples are high print valiant number ones like Turok#1 with 9.8 grades. These things were made to last, if people make the effort to get them graded the 9.8 will lose it's appeal and won't trade for much.
The 9.8 will not lose it's appeal...
It's the book that will lose it's appeal.

That's the only appeal it has...

myron · Post by **myron** » Mon Apr 11, 2005 9:33 am

very informative

ZephyrWasHOT!! · Post by **ZephyrWasHOT!!** » Fri Apr 15, 2005 7:14 pm

riff13 wrote:
Yeah, actually Mcfarlane hated the idea of putting out the same book with multiple covers. Notice that no issues of Spawn ran mutiple covers.

.

Until #100, that is.

ZephyrWasHOT!! · Post by **ZephyrWasHOT!!** » Fri Apr 15, 2005 7:14 pm

Unblessed wrote:
cinlach@aol.com wrote: i'm starting to get the warm fuzzies...
Only loosers admit to collecting Image and liking art > story..
~The Unblessed Soul

I'm not a looser.

I'm a tightener.

So there.

ZephyrWasHOT!! · Post by **ZephyrWasHOT!!** » Fri Apr 15, 2005 7:21 pm

RyanMcLelland wrote:What does saturate mean?

It means you've got too many hydrogen atoms in your lipids.

greg · Post by **greg** » Fri Apr 15, 2005 8:00 pm

ZephyrWasHOT!! wrote:
riff13 wrote:
Yeah, actually Mcfarlane hated the idea of putting out the same book with multiple covers. Notice that no issues of Spawn ran mutiple covers.

.
Until #100, that is.

Does the 1997 Spawn #1 "Black & White" count?

Peter Parker · Post by **Peter Parker** » Fri Apr 15, 2005 9:11 pm

Ultimately, this "oversaturation" of the 1990's...was actually simply an oversaturation of "IDIOTS" buying comic books

dickybendy · Post by **dickybendy** » Fri Apr 15, 2005 9:17 pm

.....I.....bought comics in the 90's.......

Peter Parker · Post by **Peter Parker** » Fri Apr 15, 2005 9:26 pm

dickybendy wrote:.....I.....bought comics in the 90's.......

Well, to further clarify...idiot speculators

ZephyrWasHOT!! · Post by **ZephyrWasHOT!!** » Fri Apr 15, 2005 9:31 pm

greg wrote:
ZephyrWasHOT!! wrote:
riff13 wrote:
Yeah, actually Mcfarlane hated the idea of putting out the same book with multiple covers. Notice that no issues of Spawn ran mutiple covers.

.
Until #100, that is.
Does the 1997 Spawn #1 "Black & White" count?

That too.

ZephyrWasHOT!! · Post by **ZephyrWasHOT!!** » Fri Apr 15, 2005 9:38 pm

greg wrote:
ZephyrWasHOT!! wrote:
riff13 wrote:
Yeah, actually Mcfarlane hated the idea of putting out the same book with multiple covers. Notice that no issues of Spawn ran mutiple covers.

.
Until #100, that is.
Does the 1997 Spawn #1 "Black & White" count?

And, of course, the Spawn Movie #1 variant, which was #65 with a photo cover instead of a drawn cover.

Betcha don't have one of those.

jcdenton · Post by **jcdenton** » Sat Apr 16, 2005 1:02 am

I was reading some of my back issues today and saw something that gave me a chuckle and reminded me of this thread. It was an American Entertainment (are they still around?) ad:

Buy 40 or more copies of Turok #1, get a free chromium Turok card

jedimarley · Post by **jedimarley** » Sat Apr 16, 2005 8:10 am

jcdenton wrote:I was reading some of my back issues today and saw something that gave me a chuckle and reminded me of this thread. It was an American Entertainment (are they still around?) ad:

Buy 40 or more copies of Turok #1, get a free chromium Turok card

Only 40!!!