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Post by bourno on Jun 4, 2014 22:53:56 GMT -5
Instead of flipping houses, looks like they have switched over to jumbos. Less property taxes I assume for doing that  |
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Post by bowhntr66 on Jun 5, 2014 3:36:40 GMT -5
Instead of flipping houses, looks like they have switched over to jumbos. Less property taxes I assume for doing that True... Kind of discouraging though.... |
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Post by gilcholo59 on Jun 5, 2014 7:37:38 GMT -5
Leopaldon was way over priced but had his box one of his wheel accessory & missiles pretty damn rare! Definite deep pockets to play on this hobby now a days.
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Post by bourno on Jun 5, 2014 13:38:33 GMT -5
Yes indeed. I know Kanon over in Italy, I believe, has done 2 or 3 jumbo replicas. I, myself, created a custom Spazer and am looking at molding a complete Dangard Ace some time this Summer even though it isn't an ultra rare jumbo, its price and seeing one listed is making it harder to come by. It is a popular jumbo with the Shogun Warrior comic tie in that a couple members would like to have.
My repro work is in pretty good demand at times and seems like we have to fight over fixer uppers more and more.
A few jumbos, I have pretty much erased off my "would like to get" list, but I do keep my searches going in case I can find a sleeper auction.
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Post by gilcholo59 on Jun 5, 2014 14:44:09 GMT -5
Definitely love your work Bourno & don't blame you for writing some jumbos off the list. I did the same with the Popy Spazer a while back. I was offered a complete loose one but the 5 digit asking price was a big hell no in my book!
Let's see how much crazier the prices get in the future!
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Post by zambot3 on Jun 5, 2014 19:52:47 GMT -5
That Leopardon's head was also broken. Did the seller get the price he was asking for? Sometimes patience is good when it comes to collecting. I'm trying to complete my robot factory collection. May take years but one day I will have my Daidenjin, Godsigma and Daltanious.
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Post by rodman75 on Jun 5, 2014 21:15:33 GMT -5
At what point will jumbos prices, similar to the housing prices during the real estate boom, just crash? I'm 38 and consider myself in the mid range age group of collectors. I'm at the point in my life where I have one child and one on the way this July. Seeing how prices are going, I've given some serious thought to selling my entire collection. I'm afraid that if I wait too long that I will miss the peak of this bubble. Don't get me wrong, I love looking at them and get immense joy from collecting, hunting for JM's, etc. but my children's education, mortgage payments, Disney World vacations, home remodeling, etc are more important to me and I just don't make enough money to have the best of both worlds. Once they're gone though, I'll never get them back....that is what is keeping my finger off the proverbial trigger!
Rodman75
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Post by Mr. Ginrai on Jun 5, 2014 23:52:15 GMT -5
At what point will jumbos prices, similar to the housing prices during the real estate boom, just crash? I'm 38 and consider myself in the mid range age group of collectors. I'm at the point in my life where I have one child and one on the way this July. Seeing how prices are going, I've given some serious thought to selling my entire collection. I'm afraid that if I wait too long that I will miss the peak of this bubble. Don't get me wrong, I love looking at them and get immense joy from collecting, hunting for JM's, etc. but my children's education, mortgage payments, Disney World vacations, home remodeling, etc are more important to me and I just don't make enough money to have the best of both worlds. Once they're gone though, I'll never get them back....that is what is keeping my finger off the proverbial trigger! Rodman75 You've got the right mindset. Take the money now and run...put it towards the future things you mentioned. You can always keep the "cheap" mattel shoguns for fun and nostalgia. You can always keep buying and/or selling one or two with your pile of cash. Then if prices do crash and crash hard, you'll have the coin to pick up whatever you want. No one except the immensely rich guys will be able to keep up paying numbers like this for too long. Eventually even the big spenders will get sick of it unless they are true jumbo diehards at heart. |
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Post by zambot3 on Jun 6, 2014 7:38:47 GMT -5
I don't think the bubble will burst on jumbos as it did with the housing market. The main reason the housing market burst is because banks were loaning money to everyone including people who couldn't afford to own a home. Banks wanted to make the interest in those loans. Once loans could not be paid, the market crashed. Housing was overpriced because of the this demand for homes for people who really couldn't afford.
Housing nowadays is pretty steady. It is a lot more difficult to get a loan from a bank.
Jumbos I see as collectibles, a luxury item. The price of these will be determined by how bad the economy gets. We've seen even when Japan's economy isn't so good, the jumbos continue to go up in price. I would think we would see more jumbos on sale because of the bad economy. Fact is, we have not which may tell us some of these items are truly rare. Jumbos because of size were never an easy item to keep in a country that has smaller living spaces.
My advise is, don't sell because you are afraid you might be losing out on how much money you can make off your jumbos now. Sell because you don't enjoy them anymore and am moving onto new things thus there will be no regrets if the prices continue to rise or drop.
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Post by Mr. Ginrai on Jun 6, 2014 9:33:34 GMT -5
I don't think the bubble will burst on jumbos as it did with the housing market. The main reason the housing market burst is because banks were loaning money to everyone including people who couldn't afford to own a home. Banks wanted to make the interest in those loans. Once loans could not be paid, the market crashed. Housing was overpriced because of the this demand for homes for people who really couldn't afford. Housing nowadays is pretty steady. It is a lot more difficult to get a loan from a bank. Jumbos I see as collectibles, a luxury item. The price of these will be determined by how bad the economy gets. We've seen even when Japan's economy isn't so good, the jumbos continue to go up in price. I would think we would see more jumbos on sale because of the bad economy. Fact is, we have not which may tell us some of these items are truly rare. Jumbos because of size were never an easy item to keep in a country that has smaller living spaces. My advise is, don't sell because you are afraid you might be losing out on how much money you can make off your jumbos now. Sell because you don't enjoy them anymore and am moving onto new things thus there will be no regrets if the prices continue to rise or drop. Agree with your points, the jumbo market isn't going to crash like the housing market but there are possibilities of the economy going bad and prices dropping, or people just getting to the point and saying "this is too much for these things, I'm done". They will sell the jumbos at the market price at that time, and they will find another hobby or collectible to move on to. You have to remember that when things get bad for someone or the economy as a whole, the luxuries - the summer homes, second car, the toys and collectibles, artwork, etc. are the first things to go. However, he's not looking at it purely for the money. Maybe if he was single and looking to speculate a bit we could say that - which since he didn't obtain all this stuff in one night, is fine. If I am understanding him correctly, he is basically saying he doesn't think he will want to continue to keep up with this hobby if prices continue to increase further from the very high prices we are seeing now. So if he decides to stop and sell out, he'd like to do so just before, at, or just after the peak while prices are still high, to get the maximum return. The difference here is he is married with kids and is looking at selling for the same reasons Ed got out - for family, future, etc. ---- This is pretty rational thinking overall, whether it is coming from rodman or one of us. We all get tired of the market pricing certain items out of our reach. At that point I feel we have two options. Either you say no way I can't pay that price (when market rates are stratospheric) or you hope that you find a sleeper deal that you make out well on. The alternative is that you suck it up and pull the trigger on one fitting the condition you want before prices get any higher. Then if you have to sell, you got in at a reasonable point where you have some room to breathe and won't necessarily take a huge loss if you sell in the future. |
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Post by gilcholo59 on Jun 6, 2014 10:14:36 GMT -5
This is definitely a tough hobby to be involved in especially with the current prices. It makes restoring my old Chevy cars cheap in comparison!
I know I'll NEVER complete the villain series but then again for me they're just big vinyls & I don't care for vinyls. I'm all about the heroes & fortunately I only have one left to complete the line. I'm in Mike Decos old shoes ...waiting for that Daidenjin to show up.
I don't think prices will ever really crash with JMs. They may stable out or maybe come down a bit but not crash.
The demand is to high with VERY limited supply ... if any!
Unfortunately I think we're just going to have to bite the bullet on some of these items & spend the money:(
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Post by zambot3 on Jun 6, 2014 12:17:22 GMT -5
I don't think the bubble will burst on jumbos as it did with the housing market. The main reason the housing market burst is because banks were loaning money to everyone including people who couldn't afford to own a home. Banks wanted to make the interest in those loans. Once loans could not be paid, the market crashed. Housing was overpriced because of the this demand for homes for people who really couldn't afford. Housing nowadays is pretty steady. It is a lot more difficult to get a loan from a bank. Jumbos I see as collectibles, a luxury item. The price of these will be determined by how bad the economy gets. We've seen even when Japan's economy isn't so good, the jumbos continue to go up in price. I would think we would see more jumbos on sale because of the bad economy. Fact is, we have not which may tell us some of these items are truly rare. Jumbos because of size were never an easy item to keep in a country that has smaller living spaces. My advise is, don't sell because you are afraid you might be losing out on how much money you can make off your jumbos now. Sell because you don't enjoy them anymore and am moving onto new things thus there will be no regrets if the prices continue to rise or drop. Agree with your points, the jumbo market isn't going to crash like the housing market but there are possibilities of the economy going bad and prices dropping, or people just getting to the point and saying "this is too much for these things, I'm done". They will sell the jumbos at the market price at that time, and they will find another hobby or collectible to move on to. You have to remember that when things get bad for someone or the economy as a whole, the luxuries - the summer homes, second car, the toys and collectibles, artwork, etc. are the first things to go. However, he's not looking at it purely for the money. Maybe if he was single and looking to speculate a bit we could say that - which since he didn't obtain all this stuff in one night, is fine. If I am understanding him correctly, he is basically saying he doesn't think he will want to continue to keep up with this hobby if prices continue to increase further from the very high prices we are seeing now. So if he decides to stop and sell out, he'd like to do so just before, at, or just after the peak while prices are still high, to get the maximum return. The difference here is he is married with kids and is looking at selling for the same reasons Ed got out - for family, future, etc. ---- This is pretty rational thinking overall, whether it is coming from rodman or one of us. We all get tired of the market pricing certain items out of our reach. At that point I feel we have two options. Either you say no way I can't pay that price (when market rates are stratospheric) or you hope that you find a sleeper deal that you make out well on. The alternative is that you suck it up and pull the trigger on one fitting the condition you want before prices get any higher. Then if you have to sell, you got in at a reasonable point where you have some room to breathe and won't necessarily take a huge loss if you sell in the future. Good points. I agree having the money to support a family is important. In that case, selling is a good alternative. I would also advise seeing a financial adviser who will give you better advise on your money situation. To me, I see having toys the same as buying a 50 inch high resolution TV or any other item that is expensive. Only difference is, collectible that are rare tend to appreciate while some of the other "toys" depreciate. I'm sure whatever Rodman decides to do it will be the right decision. Good thing about jumbos. Don't think the prices are going down anytime soon. As mentioned, Japan's economy isn't so good right now. Prices have still been going up. There is always a threat of the economy collapsing. I don't think that That kind of speculation is a good reason to sell something you really like. Otherwise, no reason to collect anything. It's like the people who don't want to buy housing in California because of earhquakes. When the US was in a recession, did we see prices go down of rare comic books, coins or baseball cards? No, because the people who have the money (multi millionaires) will always buy stuff like that because they aren't affected. Just like how the clippers were sold for 2 billion. It probably was overpriced but when you have a hundred billion and owning a team makes you happy, why not? Yes being priced out of the hobby sucks but if you can get 1 rare jumbo a year, is it really that bad? It could be a 20 year quest. I look at it like this. I will keep my jumbos and continue the quest of trying to obtain the ones I want. It's never a one or the other for me. Just because I can't afford to collect anymore doesn't mean I have to sell the ones I already have. And who knows, maybe I will find a machinder I want at the price I can afford. As mentioned, we've seen stuff go for less than we thought it should have. Looking at this article written 16 years ago, Jumbos were always pretty expensive. It also mentions it isn't always a money thing. A billionaire could not get all the jumbos easily if he wanted to. For me as a collector, a big part of it is the thrill of the hunt and especially coming onto groups like this talking about it. www.giantrobot.com/issues/issue11/jumbo/btw. That godmars went for a lower price than I expected. A not clean incomplete one went for that price a couple of months ago. This one has the sword and little figure. |
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Post by devoidofemotions on Jun 6, 2014 18:22:05 GMT -5
I haven been thru this stage , given up and back again twice. And I know how it feels. IMHO, if you tell your wife you are going to spend $200 on a Mattel jumbo, she will think you are crazy. So how crazy the price is really subjective to how diehard you are. For eg I am not a watch person, sppending 5grand on a Rolex I think is crazy.
One very good way to tackle this high price demoralise syndrome is be patient. Those collectors one generation ahead of me have shed this light with me, and with their help and social network, I am able to score 2 jumbos this year , but because they helped also in being patience with regards to payment as everyone knows its not easy unless you are cash rich. I m typing this on a metro on a Saturday morning on the way to work because I love jumbos.
Life is short, enjoy the things you want to enjoy!
Best regards
Doe
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Post by devoidofemotions on Jun 6, 2014 18:22:47 GMT -5
I haven been thru this stage , given up and back again twice. And I know how it feels. IMHO, if you tell your wife you are going to spend $200 on a Mattel jumbo, she will think you are crazy. So how crazy the price is really subjective to how diehard you are. For eg I am not a watch person, sppending 5grand on a Rolex I think is crazy. One very good way to tackle this high price demoralise syndrome is be patient. Those collectors one generation ahead of me have shed this light with me, and with their help and social network, I am able to score 2 jumbos this year , but because they helped also in being patience with regards to payment as everyone knows its not easy unless you are cash rich. I m typing this on a metro on a Saturday morning on the way to work because I love jumbos. Life is short, enjoy the things you want to enjoy! Best regards Doe I have been thru this stage * |
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Post by Mr. Ginrai on Jun 6, 2014 21:12:06 GMT -5
I haven been thru this stage , given up and back again twice. And I know how it feels. IMHO, if you tell your wife you are going to spend $200 on a Mattel jumbo, she will think you are crazy. So how crazy the price is really subjective to how diehard you are. For eg I am not a watch person, sppending 5grand on a Rolex I think is crazy. One very good way to tackle this high price demoralise syndrome is be patient. Those collectors one generation ahead of me have shed this light with me, and with their help and social network, I am able to score 2 jumbos this year , but because they helped also in being patience with regards to payment as everyone knows its not easy unless you are cash rich. I m typing this on a metro on a Saturday morning on the way to work because I love jumbos. Life is short, enjoy the things you want to enjoy! Best regards Doe I have been thru this stage * I agree 100% on patience. I am very very patient on both cheap steals and expensive buys to the point you might think I was waiting for a perfect scenario, but I am not. Karma is a huge part of this hobby and when you are in this with your heart, you start to feel when something is going to just be "right". Most of my local collector friends are not patient at all. They have no self control and foolishly spend on unnecessary items and gap fillers that are nowhere near acceptable. But it's their money and they can do what they want. I find that many of us here share the common trait of being patient, for the most part. I don't think a lot of people outside of diecast or jumbos see collecting as a journey - unless they are dealing in very hard to find items. I'm not knocking anyone who doesn't collect what we collect, but so many collectors are in their particular area of a toy type/toyline to be completists now (or just to get that next score) and they don't have any passion or direction - for them it's just another thing to do, especially some of the modern collectors. I left collecting altogether for 10 years because I was physically threatened when I was young by dealers who were only in it for the money. A completely unrelated and unexpected toy brought me back in the game full steam. I lost my bearings a bit and ended up with some excess things but now I feel the last few years I have found my place, my groove if you will. DOE is right gentlemen, you can ALWAYS come back. :-) |
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Post by devoidofemotions on Jun 6, 2014 22:56:17 GMT -5
And if you have doubts,
You can always list 1 of your jms to sell.
You will be suprise by the response,
There are fans from exotic corners of the world,
Just that they choose to be anonymous
Best
Doe
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Post by zambot3 on Jun 25, 2014 8:39:46 GMT -5
I see the Daltanious on YHJ didn't go for as much as I thought it would. Maybe something to do with seeing 5 of them for sale the past year or so? Have yet to see a Daidenjin on YHJ. Godsigma seems rarer as well. Seen 2 of those the past 3 years. I was also thinking, if World Events had brought Daltanious here in the states as Voltron 2 as shown in this video Would we have seen Giant Commander Voltron 2? I can dream can't i?  Also was surprised to see a Kamen Rider V3 go for almost $1400 on ebay. |
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Post by joweone on Jun 25, 2014 23:18:47 GMT -5
Did a V3 sell for 1400 or a Kamen Rider X?
The price on Daltanious wasn't too shocking,roughly $4200? No box and being a fart away from broken legs kept it from spiraling out of control.
I think I'm more shocked by the Gren Ghost C3 for such a low price of 668,089Y Was wondering if it was KO.Didnt get a chance to really look over it.
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Post by mikedeco on Jun 26, 2014 3:38:51 GMT -5
The C3 was a fake one. So, there's a poor guy that paid a huge amount for a fake item. I'm really mad about messing with people like this.
As for the Daltanious, I didn't had a chance to check my sales records but it could really be one of the most expensive loose one I've ever see, especially since it was broken. Ok it's easy to repair and barely visible and the whole specimen looks clean so I guess it balance a bit, but anyway still high.
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Post by gilcholo59 on Jun 26, 2014 6:24:39 GMT -5
Yeah I was surprised that Daltanias didn't go for more myself.
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