Saturday, November 18, 2006

The Collectibles Trainwreck

I'm coming to the frightening realization that the collectibles market is a sad, sad joke.

I've been trying to sell a number of items on eBay and it has been an eye-opening nightmare.

I've listed Diamond Select Medium Fantastic Four statues numerous times and I can't get rid of them at HALF of what I paid. The "retail" on these is $85 and I'm lucky to get a bite at $30. Between the numerous relisting fees and the Paypal fees, I'm lucky to net $10 on something for which I paid $62. It seems as though the only statues that appreciate in value are the old Bowens. Everything else is disposable and worthless the second you click the "pay" button.

A Babe Ruth Salvino figurine cost me $25 ten years ago, and it went unsold after numerous listings at $9.95.

Midgrade comics have less value than toilet paper... midgrade Bronze books gather dust at less than 50 cents a book. I'd get more value by throwing them in the wood burning stove and heating my home.

A Michael Collins (Apollo 11) signed NASA Litho was selling for $400 years ago, but he has since started doing private signing with a memorabilia dealer ($300 a signature) and I can't get a bid over $50 because mine is personalized. No joke... 4 years ago I could have sold this for $400 in a minute, now I can't break $50. I'd rather let it rot in my closet than give it away for less than $200.

I have binders of authentic quality entertainment autographs that I paid $20 - $50 each that I can't get a bid at $9.99. So many forgeries have flooded eBay that you have to dump the real stuff at pennies on the dollar. It's truly a nightmare that makes me want to pack it all up and ship it off to an auction house.

Good God... I'm depressing myself.

1 comment:

Degu said...

Bad collectibles drive out good collectibles, or however the saying goes...

It seems to be pretty slow all over ebay right now, unless you're a phisher or forger.