| Buying
Comics Some Words of Warning
One of the big reasons for owning a comic book store is
to have the opportunity to buy great comics at low prices. But as with any
business, there are honest sellers and dishonest sellers. You need to keep
this in mind when you are buying comics from people. Here are a few cases
that I had to deal with, so it may help you out.
*First thing to remember is that
if a loyal customer is selling you comics, you should pay a little more.
This is when they are selling you a few comics. I generally paid close to
50% for good books from loyal customers. If it was a person off the street
that I did not know, I would pay considerably less, closer to 30%. Why is
this? It was my little way of saying thanks for being a loyal customer and
hoping they remain a loyal customer. Now if that person was selling their
whole collection, then it was different. I found that 95% of the time if a
customer sold his whole collection or most of it, that was the last time you
would see them.
*When buying a huge collection,
only factor in the books that you really want. Look at the books that you
know you can sell in a reasonable amount of time (within six months or less)
and base the price you offer on that. That way if you get the books, you
can sell those and make your money back and a profit. The rest will be
gravy for you.
*If someone uses the following
line "These are some of my books, I have my better books at home. Buy these
and I will bring you the better ones.", ask them to either bring the good
books or forget it. Trust me, you will almost never see these "better
books". It is a ploy to get you to buy their junk. I learned this the hard
way in the early days. I bought a few average collections in hopes of
getting the "good stuff" and it never showed up.
*If someone brings up a
collection of books to sell and then decides to shop around, you can do two
things. First is to let them know that the price goes down once the books
leave the store. Second is to take one last look and do a visual check of
all the best books. I found out that many times they will sell the best
books to another store (also known as cherry picking) and bring back the
rest to sell to you for the same price. I have had this happen many times
early on, so I would quote them two prices, the price I would pay now and
the price I would pay if they came back, which was considerably less. It
helped to insure that I got the good books the first time. Plus the more
that other dealers looked at them, the more of a chance they went down a
grade in condition.
*It sounds like common sense but
always look at every expensive book and I do mean look. I have found many
books to be missing pages, have coupons cut out or even a few where they had
the covers of expensive books with some worthless book inside. Only a few
times have I had a seller let me know of the flaws in advance. Most acted
surprised by it.
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