I Know. That Was a TERRIBLE Pun... |
Hi
Sorry guys. I know, the title of this email was a truly appalling pun.
BUT there was a good reason for using it.
Everybody has scars from bad grading mistakes.
I spent the
first year of my "education" as a comic book dealer doing nothing BUT making mistakes.
It cost me over $30,000 in bad purchases before I finally fixed my problems.
Read on to see what I
did...
Whenever we buy books on eBay with the idea of flipping them for a profit, this is
roughly what we want to occur:
- Identify a book that is for sale at a good price
- Buy it and submit it to CGC for grading
- Get it back and sell for a profit
Pretty easy when you think about
it.
But hard to do consistently if you can't grade comic books from the screen.
Marvel Super Heroes Secret Wars #8 is a very common book for this kind of activity.
Here's what we WANT the result to look like:
Here's how we WANT to operate. Find books to buy at a price which allows us to get them in a CGC holder and make a profit But think about the challenge here.
All of the math you need to do on an eBay purchase for profit hinges on your ability to predict what grade CGC will give to the
book when you submit it.
CGC 9.8s of this book
average at $176 when they sell.
If you're able to spot a 9.8
"raw" on eBay and buy it for $50, here's the approximate math:
Purchase of book: -$50
Shipping to you: -$5
Shipping to CGC: -$5
Grading fee: -$20
Shipping back to you from CGC: -$10
eBay revenue: $176
PROFIT: $86
Unfortunately, most people's idea of what a 9.8 looks like result in this:
It's ALL TOO EASY to get a 9.0 when you expected a 9.8 Let's run the math again when the result is NOT what we wanted.
CGC 9.0s sell for $50 on average.
Purchase of book: -$50 Shipping to you: -$5 Shipping to CGC: -$5 Grading fee: -$20 Shipping back to you from CGC: -$10 eBay revenue: $50
LOSS: $40
The $40 loss figure does not even factor in opportunity cost (could have spent the money on a winner instead)...
...or the inconvenience of having the money tied up in the CGC submissions queue for up to 60 days. Multiply all those bad decisions by dozens, or hundreds, of
CGC submissions, during a "career" as a comic book trader, and you can see how I managed to lose $30,000 in less than 12 months.
Fortunately, I made the best decision of my life. One that led me to have THIS look on my face instead: It's all about the Benjamins...
Here's What I Did...
And How It Helps YOU |
I found an expert in CGC comic book submissions, and learned the skill myself.
Then I followed his advice. A lot.
And I started consistently making money buying and selling comic books.
That's it.
(Were you expecting the Wizard of Oz or something?)
- If you want to be an architect, you study from a professor of architecture at University for seven years.
- If you want to be an electrician, you work for three years as an apprentice under a qualified sparky, and then another two as a journeyman.
- If you want to learn how to cook, you can take a class, or get hands-on help from your mother, or spouse, or friend.
Whichever path you take, you are "outsourcing" your learning to an expert.
Then you practice what you have been taught.
Eventually, it becomes second nature. I found Sean Goodrich. At the time, he had just left his six-year post as Auction Co-ordinator for the well-known auction house, ComicLink.
Now, he's my business partner.
(When you find somebody great, it pays to have them on your team ;)
Here he is, holding a couple of ragged old back issues we bought with all that
$$$.
My business partner, Sean Goodrich, with our discovery of Action Comics #7 and #13 Sean was the perfect teacher for me.
Every day at his full-time job, he handled CGC submissions.
He saw the books before they went to
CGC.
He saw the grades the books got when they came back.
Over six years, he personally handled tens of thousands of CGC-graded books, and more importantly, the same books BEFORE THEY WERE
SLABBED.
He had all the skills I needed. So, I sat down with him for a weekend, and he taught me how to do it.
Now I Will Do the Same For YOU |
How much do you think a weekend with an expert would cost
you?
(HINT: Most experts in any industry charge upwards of $300 per hour.)
Jeez, just having Stan 'the Man' Lee sign a Secret Wars #8 can cost $90...
If you flew to Montreal and asked me to teach you what I know, I'd insist on four figures for the privilege of picking my brain.
But don't worry. You can learn everything about grading books on eBay for less than the last amount you LOST when you got a 9.0 instead of a 9.8.
What the Video Course Gives You |
- More than 100 videos (over FIVE HOURS
of lessons)
- A quiz to see if you're getting
it
- Direct input from Ash at various stages of the
lessons
- Bonus money-making
tips
- A few outtakes and eBay listings you simply won't
believe
- LIFETIME ACCESS to the course (take it as many times as you need
to)
My business mentor told me to charge $497 for this course! (I fired him.)
Random students who want to learn these skills are charged $97.
But you are one of the in-crowd.
Comic Book Cash subscribers, please use the Promo Code COMICBOOKCASH
to save 40 percent.
Remember.
I lost $30K before I asked an expert to save my ass.
It won't take you long to discover how easy it is to spot the mistakes you're already making...
...and how simple it is to stop making them, and start making money instead.
Follow:
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We'll Make You Smile THIS Big!
Sincerely,
Ashley Cotter-Cairns Editor
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