Rich,
It's funny how nobody remembers how absolutely great everyone thought
Ebay was at first. Suddenly there was this huge market you could sell
into and you actually got *much higher* prices for things than you
otherwise would have. I sold my collection of early WEIRD TALES pulps in
1998 for mega-bucks. But today I could buy those same issues back for
about 1/3 of what I sold them for 11 years ago.
Bruce built a very successful business by selling early on Ebay.
It's just that as the auction site became more and more popular, more
and more sellers set up shop there while at the same time the pent-up
demand for collectibles of all kinds was already being filled.
Eventually most collectors got most of the items they wanted and saw no
need to buy a duplicate. But the supply kept expanding as sellers kept
listing more and more.
Yes, we have always had a "buyer's market" for a large chunk of the
posters in existence -- but how much were most of those posters selling
for prior to Ebay? I agree that Jerry Lewis, Sinatra-as-an-actor, Robert
Mitchum and even Steve McQueen, Elvis and many others have continued to
fade in buyer interest as those names fade from our popular culture --
but that would have happened even if online internet auctions had never
come to pass.
-- JR
Richard Halegua Comic Art wrote:
JR, the one subject you do not touch on is that in a deflationary
market, many people see the value of their holdings decrease as well
these losses of value have a chilling effect to the overall health of
the hobby/business
not a very good thing
also, seeing as the internet actually already created a buyer's market
and a large % of the hobby by volume is already depressed (can we say
Jerry Lewis or Frank Sinatra).
so you have a buyer's market and it get's further depressed by another
scandal..
not a good thing
Rich
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