Wednesday, February 22, 2012

The Selling of a Collection: Part 1

This isn't something that came out of nowhere.

For some time now, I have considered selling my comic books. In the past this was never an option for my brain to spend time on. My brain had been filled with things like sports, my gal-pal and how to get the best reception in my apartment while using my cellphone. I hate you El Segundo, California!

But things have changed. I bought an iPad 2 (which is soon to be outdone by the iPad 3) and I started running out of space in my apartment. These 2 things made me consider the following:
  • Do I ever go back and re-read my comics?
  • Do I like comics in paper form more than digital?
  • Is it likely that my comic books will grow in value anytime soon?
  • Is the space in my apartment being used as well as it could be?
  • Do I want to become a crazy hoarder?
The answer to all of those questions is "no." If "no" be so, the comics must go! ...or so the pirate Johnnie Cochran would have argued.

The Adventure Begins

Comic Book Box - 365 Days of Comics

The first thing I had to contemplate was how I was going to sell my comic books. There are definitely many avenues.
  • eBay
  • Craigslist
  • Facebook pimp'n
These routes may get me a decent return on my comics, however, they will involve countless hours organizing my books better, taking pictures of the sets, writing descriptions, dealing with potential buyers and then packaging and shipping. That's a lot of work for a guy who wants to get back to thinking about cookies!

Thank god for back-up plans., and more importantly, thank god for my local comic book shop. They offered to take a look at my stuff and take it off my hands. They would handle all of the work in terms of selling the comics by just buying them from me or giving me store credit in exchange for a section of my collection. Basically, I could get cash equal to 30% the comic books' value or store credit equal to 50% of the comic books' value. At first glance it seems like I am giving up a lot of dollars, but I see it differently.
  1. The shop is doing all of the labor in terms of finding buyers and then actually selling the books.
  2. I'm helping my local comic shop. If I sell to them at a much lower value, they can resell the books at a good price for consumers while still making a profit. This means my local comic shop does well, their customers are happy with a fresh stock of comic sets at a great value, and the shop will continue to buy comics off of me in the future. Everyone wins!
I brought by my first box of comics today and was quite happy with the outcome. I organized a box with nothing but complete mini-series (all in near mint condition) from over the past 5 years and brought them into the shop today. The retail value of the books came to $230, so I could receive $75 in cash or $115 in store credit. I did want some store credit for the few titles I still collect in paper form, and for some gift Hard Covers, so I ended-up taking the $115 store credit and walking away very pleased.

One comic book box down, about 15 to go. Stay tuned for the follow-up adventures as I start to bring in collected ongoing series runs. I'm looking forward to the value placed on some of the runs such as Rick Remender's Frankencastle (such a good run) and Scott Snyder's amazing Detective Comics arcs.


Death Lad said...

but what will happen to your blog?!? If you have no comics to read, you'll just have to finally start writing your own and reviewing those.

Dom said...

Haha. That's a good point, Lad. I still read books digitally and pick-up a few titles.