I don't post here all that often, but I'm feeling
the need to throw in my .02 about the little
debate that's been going on about reselling cels
at a profit.
I was involved with the comic book / sports card
market quite some time ago, and it was (and still
is) common practice to buy "collectibles" with
the hope that you can resell them later at a
profit. The same goes for antiques, memorabillia,
or any other collectible. Collecting includes
buying and selling (except for those with
unlimited funds, I suppose...)
Now, in the late 80s, speculation reached a peak
in the sports card market. Many cards were
grossly overvalued due to speculators fueling the
demand by buying up huge chunks of the supply.
Quite a few people made gobs of money. But when
the speculators dumped their stock and ran, it
was the collectors who had paid these over-
inflated prices that took the hit. The market
crashed, so to speak, as values fell to more
reasonable levels.
The same thing happened with comic books a few
years later in the early 90s. I had customers who
would buy 2 copies of every book, one to keep and
one to sell later if the value increased. Then
the speculators dumped and fled, and the bottom
fell out of that market.
(As a sidenote, eBay and professional grading
services have caused a comperable inflation in
both these markets right now..)
The point is, if you're still with me, that
collecting is a balance of two things: 1) love
for a hobby and 2) commercial interest. Another
way of saying that is: everything has a price.
I've been collecting cels for less than a year
(I've previously collected a variety of other
things). Though I can't ever imagine selling some
of my cels, I'm sure I would if I got the right
offer. I'm sure most of the people in this forum
would do the same.
But the debate that's been going on is
about "dealers" (or "speculators") who buy
something to then quickly resell at a profit.
This is called retail, people. Every store you go
to makes between 20-90% profit on everything you
buy- the grocery store, Home Depot, bookstores
(there's a whole 'nother lecture about them,
though) and so on. The idea that these people
are "depriving" the true collectors of these
items is ridiculous. They had the venture capital
to pay a higher price on YJ, and it's their
perogative to keep or resell their purchase as
they see fit.
What all this griping amounts to is sour grapes.
When people get outbid, they get angry (I know,
I've been there). But no amount of griping is
going to change the fact that buying something
and immediately reselling it not illegal, and not
even really unethical. It may upset you, but
there's not really anything wrong with it. If a
cel is too much, don't buy it. If you don't like
a seller's practices, don't buy from them. And
it's fine to complain if you missed out on a cel
you wanted, but don't criticize the person who
bought it or sold it.
I could go on about this, but I'll save it for
the replies.
Cheers,
SP
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