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.
Bad collectibles drive out good collectibles, or however the saying goes...
ReplyDeleteIt seems to be pretty slow all over ebay right now, unless you're a phisher or forger.