Friday, December 12, 2008

The long-awaited update!

I've chatted with several of you over the last few weeks and you're all asking what's going on, so here's an update.

FIRST ORDER OF BUSINESS: MONEY
1) I need to apologize for a donation that was never acknowledged. Back in August, Fett donated another share. The amount was added to the running total in my head, but I neglected to thank Fett & let you guys know about it. Mea maxima culpa!

2) Mal32 generously donated the proceeds of two books I sold for him, and while they did not get the money I hoped they would (more about this below), it has added $340 to the kitty. Total discussed in the next section...

SECOND ORDER OF BUSINESS: FEES
Ebay revised their fee structure back in August so that listing is cheap, but they whack you for more on the back end. Spreadsheet has been updated with the new figures. It has also been simplified; I combined all three fee columns into one field which calculates automatically based on the sell price.

THIRD ORDER OF BUSINESS: NEW BOOKS!
So the grand total we had available was about $615, so I started buying some books:

1) Blackstone the Magician #3 - SCANNED & UPLOADED
2) Men's Adventures #28
3) Marvel Mystery Comics #59 - SCANNED & UPLOADED
4) Marvel Mystery Comics #69
5) Marvel Mystery Comics #75
6) Mystic Comics (2nd series) #3
7) Young Allies #18
8) Space Squadron #1
9) Venus #15
10) Men In Action #9 - SCANNED & UPLOADED
11) Two Gun Kid #25 (I'm told this is the last issue we need)
12) Crime Exposed #1 (1948)
13) Official True Crime Cases #24 (#1)

Some of the books are coverless, and one (MMC 59) was coverless & missing the 1st wrap, but I have a fiche of it, so those pages have been restored. I've already sold Blackstone #3, and we actually made a small profit on that one. There's still $87 left to spend, even with the purchase of all those books.

Now, I mentioned this above, but I wanted to go into a little more detail. Right now, because of the economy, eBay sales are in the tank. It's great when you want to buy stuff because everything's dirt cheap, but reselling it hurts. We got lucky on the Blackstone book because it's not one you see often, but I can tell you that sales are awful. I have taken a beating selling my own books. Some of it is Christmas, but the economy is a big part of it. I am not going to start selling again until the second or 3rd week of January and I hope it gets a little better.

As always, suggestions on how to spend the balance are always welcome!