Why r so many collections being sold right now??

[drmego]

My dad grew up during the Great Depression - without a father - so he
considers anything besides food, clothing and shelter to be a waste of
money. He drilled into my head that the value of a dollar was how
much sweat you had to expend to make that dollar.

So he was horrified to see my spent my hard earned gaoline pumping
money on old comic books and toys when I was a teenager. To me,
what made the labor worthwhile was being able to enjoy these things
with the money earned.

If we want to see MEGOs continue to be popular, we have to bring
new people into the hobby. Like comic fans, they will get demand
for vintage strong beyond our childhood nostalgia like Action Comics #1.

[megoapesnut]

Ya know I'm pretty sure it's Fat bottomed girls

Well, that's what makes the ROCKIN world go round, anyway.

[Lonestarhobbies]

Well, that's what makes the ROCKIN world go round, anyway.

Amen to that

[David Lee]

Well, that's what makes the ROCKIN world go round, anyway.

Ohhh yea.... the "Rockin World"... my bad.

-D

[RG]

I've seen a lot more people who have been selling their childhood toys also, that they might not have been collectors but held on to them for the memories ... but now in need of money and are selling them ... Really kind of sad, I picked up a good deal on a figure the other day from a lady who needed to pay for school supplies for her son for school. I hate it when they tell me their life story makes me feel guilty that I didn't pay more or give them some extra.

[livnxxxl]

It definitely has a lot to do with the economy for a lot of peeps. I have even went as far as to casually ask some folks here and some continue to remain tight lipped about their reasoning.

For me I rarely sell stuff here. Maybe every now and then. And when I do it is just extra pieces that I have already upgraded to a better specimen in my collection.

Right now is truly a buyers market and I am loving it. I am seeing pieces come out of the closets and or attics that would not have ordinarily be coming out if it were not for the horrible economy.

It is a really bitter sweet situation for me. I enjoy buying lots of goodies and getting great deals (who doesn't?) on the other hand I hate to see some of the long time collectors having to give up their prized Mego's to have to pay their bills or what have you.

There is also without a doubt always someone here selling something to make money to buy something else off of someone else. I see a lot of that going on here as well. Kind of like trading stuff around if you will. Like Brian stated earlier. I am sure that he has seen his fair share of Mego stuff come and go and then come back again.

I have often wondered how many times some of the pieces that I have now that have been circulated around here and there before I actually got them myself.

Around and round they go where they land no one knows.

[Zemo]

I've been collecting Megos for over 10 years. There's always someone getting rid of their collection and someone else trying to pick up new pieces for their collection. I do think that the economy has led a lot of people to sell pieces that they would rather keep. I'm sure some people have lost the love, but I don't think that's the main reason for the increase in items available. I think the economy is the main reason for the large change in number of people selling.



I would think that would be the case to a large degree.



Over the last 10 years, I've seen the price of Knights, Western, Robin Hood, Space 1999 and Star Trek Megos drop a LOT when the reproductions came out. I've also seen the price on common WGSH and Star Trek drop as ebay and the online collector community have brought large numbers of these figures into the market. I usually end up buying at the wrong time and selling at the wrong time, but my collection is based on picking up the pieces that I want when I want them and trying to pay what I think is a good price in terms of the item's value to me. When it comes to my WGSH collection, I'm pretty proud of myself for picking up my boxed and carded figures for the pirces that I paid (it kind of makes up for what I spend on the Space 1999 guys! ) I think the best advice I've ever been given on collecting is this:

Pay what it's worth to you rather than try to guess what's going to happen to the value in the future.

I agree with you on all points.

[jemboy2004]

this is happening with alot of collectibles now. I've seen the same thing with other toy lines too. They are way down! I can't believe how low some of the 80's toys I like are selling at these days. Makes me want to get them and keep them til they go up but then I say what if they don't go up... Anyway it's the economy that's driving the low prices and alot of the selling these days. I think they will go back up when things improve but when will that be?

[Sandman9580]

It's the economy, but I also wonder about the effect of there being just a huge glut of stuff out there. I'm speaking generally, but it specifically applies to Mego, too. All the companies that have been popping up - the repros and whole "reMego" thing - are great because they bring in new people, but they also make an original Mego not as special. (Yes, I know nothing can be more special than the Superman [or whatever figure] you had as a kid, but I mean in the big, general, macro sense.) There's a lot of cool, new stuff constantly coming out, so there's more competition for your interest, and dollars. That puts a downward pressure on the secondary price of everything.

I definitely try to live by the "pay what it's worth to you and don't worry about the future value" mantra. But I notice lately that I've been putting a lot more emphasis on that second part (and also, let's face it, paying a lot less than you'd be willing to pay makes you feel like a winner). Now, whenever I buy something I have to ask myself, "are you okay with not ever being able to sell this again for the price you're about to pay?" In the past, there was always the implicit assumption that all collectibles "would be worth something some day". (And you still occasionally see a form of this out in the wild: we're all familiar with absurdly over-priced Megos or Star Wars being sold by sellers who will say "that stuff's worth a lot" if you ask them about it.) Well, the harsh reality is that it really isn't going to be worth much at all. I think for a lot of people, that understanding is starting to sink in.

[Robin NY]

thanks for all the replies and tremendous insights

[clemso]

100 % the economy, but also i will say that these last couple of years have seen the rarest of the rarest Mego stuff appear on the market. A lot of long time collectors have sold up and new collectors bought up Megos that might not have surfaced on the market place in the last 10 - 15 years or so and may not again for the next 10 - 15 years or so. If the economy ever rights itself. I think you will see values stabilize a little, but in all the years of Mego collecting that i have seen. Prices have always been up and down anyway, because we are and have always been a small collecting community, supply and demand. What i will say is Megoheads who wish to sell their collections for whatever financial reasons should feel free to do so without judgement, you know what I mean, comments like "You mean your selling up?" Our appreciation of Mego is first and foremost in our hearts and (fading (:-) ) memories, not on the shelves in front of us which is a outward expression of that love. We are living in extraordinary financially troubling times and surely the security of ourselves and family come first. I know myself that i might have to pair down a little, let go of a few things. Selling up does not mean that we love these little guys any less imho.

[callistofreak]

I sold mine, because of the economy.
Now, I'm working on getting them back, one cheep deal at a time.

[Zemo]

Eventually the market will shrink a lot, there will never be as many collectors as there are now. For most it's about nostalgia, and how many people in 10-20 years will want to collect something they never had or played with. This is inevitable. imo

[megoapesnut]

Eventually the market will shrink a lot, there will never be as many collectors as there are now. For most it's about nostalgia, and how many people in 10-20 years will want to collect something they never had or played with. This is inevitable. imo

Bingo!

You win a ham platter!

[MIB41]

I have nabbed items on the cheap in the last few months that I thought I would NEVER have in my collection, because of scarcity and the cost associated. But even before that occurred, I noticed ALOT of people selling off collections in the marketplace. I'm a big investor and financial buff, so I wondered when this field would start taking a hit on the economy and it has arrived. I also don't see it getting better anytime soon. With the massive weight of our national debt, HCR on the horizon, and small companies closing their doors daily, we are far from seeing an uptick for better days. Even though I am not on the unfortunate edge of losing my job, I am withholding purchases now and beginning to pull back and build my savings. I sleep better at night knowing I'm ready for a worst case scenario.