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Thank you for providing us with so much knowledge to learn from.

I had flashbacks of my dad lecturing me back in high school when I did something wrong.

@travisbishop7212

2 жыл бұрын

Lmfao 🤣👍

@JernosComicsPopCulture

2 жыл бұрын

lol

Preach love the candidness

Jerno is straight forward... no bullsh*t like some of these other comic shows. He is dead on, if you are trying to unload a collection, you have to have value there to demand a certain price. Nobody wants to spend $500 of a 1000 dollar bin comics! My man gets hyper some, but it's his passion... and frankly if you don't show passion, then maybe you're on a lower level. Keep up the great content... don't let any "haters" cast a shadow on what you are doing. What ever your goal is...comic book shop or whatever, I hope you achieve them.

@JernosComicsPopCulture

2 жыл бұрын

Truly appreciate your words of encouragement and support!

Love the passion. Selling is hard as all hell. Hours upon hours put in on the sales. Packaging (especially if done by yourself) so daunting. Integrity must be maintained on many fronts as a seller, up to and including knowledge of your product. Don’t get an aneurism telling the trolls what’s what though. We need education, but the trolls are going to troll no matter what. Keep doing your thing!

Preach brother!

AMEN Chris!!!

why you yelling at me bro? haha

@JernosComicsPopCulture

2 жыл бұрын

WHY AM I YELLING!!!??? lol. Nahhh. That's just the passion.

I’m with you 100%, Chris. You don’t owe anyone an explanation. I don’t think people criticizing you are going to have their minds changed. From what I can see, you are an upstanding dude. Still, great information for those that are open to it. 🏀💍💍💍💍😊

@JernosComicsPopCulture

2 жыл бұрын

Thanks, Jason. And I agree that most of "those" people won't change, but I'm glad I can take my experiences and still educate others that are actually willing to learn.

Exactly. I think people think when we run these sales the books magically appear in new bags and boards, uploaded with pictures and descriptions put of thin air sometimes...

@JernosComicsPopCulture

2 жыл бұрын

lol right?

$2.73 per hour ... it is a labor of love LOL

Spot on dude!

@JernosComicsPopCulture

2 жыл бұрын

Thanks, man!

Strange video. Really felt at times like you were yelling at me, talking down to me, as the viewer. I mean the numbers were interesting to me, but the delivery felt like you were way too angry.

@JernosComicsPopCulture

2 жыл бұрын

I am sorry that you felt "yelled at." This was not my intention. It is more about passion than it is anger. BUT, I will say that there was a bit of harsh, straight to the point energy for individuals who refuse to acknowledge the facts addressed in this video. Do you ever watch Stephen A. Smith on ESPN talk about sports? He's very animated, passionate, and often gets loud and stern. But he's not yelling "at you," but at naysayers, so to say. Unless you feel like crapping on people who buy comics in bulk and sell comics as a business, you shouldn't feel yelled at whatsoever.

@JernosComicsPopCulture

2 жыл бұрын

Also, I highly recommend watching the whole Friday Night Live stream that this clip was taken from, because it adds more context surrounding the entire conversation.

@timhall5382

2 жыл бұрын

He's not mad he's Stephan A! Ha, yea ok. He sounds furious. He has kids to feed!

Most people have no clue how businesses work. Also, a lot of comic book owners especially those that have held on to their childhood comics for decades think these are going to be very valuable. Then they go online and find some values for the same (often graded) books, and they think this is the price they should be able to sell for. Or they go into a comic book store and see the boxes full of $3 books and think that their 200 books must therefor be worth $600. They will get upset if you offer them a fraction of that number, but they also dont want to spend the time selling their books individually. If they did, they would quickly find out that a lot of them... especially the mass-produced 90's trash is mostly worthless.

That has to be the most honest breakdown of earnings from what not I have seen. The grind is real. I sell on Mercari but applied for whatnot. And the fact you didn’t include some packaging materials and gas.

A big time cost that I think many people do not factor into the total labor cost is the time it takes to even find the collections and on the collections that you end up passing on. I spend hours looking for and negotiating on collections that I do not buy (because the price they end up asking for doesn't make sense once I see what is actually in the collection). I never make a dime on these collections, but I *have* to factor the time on trying to obtain them into my total labor costs. Great video and fantastic points!

😊😊😊this is so true

It’s the old adage that people who own comics think their collection is worth a million dollars.

Interesting

In my experience, most large collection I pick up have already been picked over before I get to them. Due to this, I try to stay under 20 cents a book when I am buying a collections. Also, in my experience, most people do not bag or board their comics which cost actually more than most books are worth. To put things into perspective.. the LCS down the street from me pays 10 cents a book when he buys a collection and he is always buying collections. Face it.. very few people make money off comics books.

@JernosComicsPopCulture

2 жыл бұрын

Indeed, indeed.

Don't feel the need to justify yourself to anyone, especially the trolls that wander in out out of these chats. The people talking mess, have no idea what it takes to have a job, a wifey, raise kids, and run a business while producing content on almost a daily. You do you and what's best for your family and keep the hate at arms length. I give myself 3 F's to give at the beginning of the day, which allows me more time to spend on the positive and things that truly matter to me. I enjoy your content, especially when it shows your love for being a collector and part of the larger community.

Preach Jernos, preach. The passion on display here is real.

@JernosComicsPopCulture

2 жыл бұрын

Appreciate it.

It's a grind man. And to really make this comic journey into a career...takes years of experience with wins and losses. You put this easily into perspective for anyone not knowledgeable on the flipping game...or any haters. It's all truth. Facts. It's a grind. I just had to sell close to half my slabs to snag a rare precode horror graded book. Way it goes....and I don't do this for a living. You keep grinding, you'll get to the next level and make this a profitable career.

@chadnelson1150

2 жыл бұрын

Back 4 to 6 years ago....I was heavy into speculation groups on google+ chat. Spoke with many CBSI members, etc....I almost prefer to do this on my own now and maybe include a few close friends. I keep the spec to myself lol

Question: what's your take on selling raw major key books in one bundle? Pros, cons?

Speak the truth Chris!! U did well bro. No worries. Just business and u are more than fair bro. 🙏🏻

@JernosComicsPopCulture

2 жыл бұрын

Thanks, Ted.

@TedDaviesArtistry

2 жыл бұрын

My privilege bro , much success

Part of the reason this hobby is so amazing to me is that we each have different interests, and each of our interests can be met. The 90s and modern titles that are the subject matter of this video can still be fun and engaging reads and/or art for some readers. But those books are basically worthless. If nobody is willing to pick them up at pennies on the dollar and flip them, they'd basically disappear. Thanks for the breakdown on numbers.

Love the channel, very informative and love your passion. I do think that there is one thing that should be taken into account and I’m not saying you are wrong. When you buy a collection for reselling purposes, which I have done a few times in the past. You gain books for your PC very often. Which in itself is rewarding and hard to put a price on, because of time spent looking for pc books. Keep up the great content brother. Great to have people in the community sharing wisdom like yourself.

Preach brother preach, you know the deal and what the game is about. This business runs on blood, sweat and tears and bustin your ass. Tell em Jerno. Jose.

Detailed, but also lengthy 🤔 Regardless, thanks for taking the time to break it all down. There will always be people who complain because you have or are doing what they don’t have or can not do and 9 times out of 10 it’s because they’re too lazy to put in the work.

You made me think of Chuck(owner of Mile High) on why he prices the way he does. People give him sooo much grief. However, he is in a spot where many of us resellers would love to be. He most likely owns every 9.8 of that book he is charging a premium for. Plus those premiums help offset the deals he gives on other books. Keep up the great work!! Once I'm buying again I'll be seeing your stuff on Whatnot

@JernosComicsPopCulture

2 жыл бұрын

Honestly, I think what Chuck does is a completely different conversation. I mean let's be honest... he's literally price GOUGING. His prices don't even make sense. Like if a high grade New Mutants 87 is selling at around $150, he'll have his priced at $800. So I can't sit here in good faith and say he's charging a "premium." The reality of his prices as well? His books don't sell. When was the last time you heard of someone saying that they bought a big book from Mile High? Chuck even admitted it in a recent interview right before COVID that he doesn't care if his books sell or not. I can't tell you why he does what he does. And yes, many of us would envy his position and what he built. It's pretty amazing. But there is no logical excuse or explanation for most of the prices that he charges.

Ink jet printer? Invest in a thermal printer. The thermal rolls are fairly cheap. Save a ton of money long term.

@JernosComicsPopCulture

2 жыл бұрын

It's actually a laserjet. Same thing? I dunno lol. I'll definitely look into thermal.

@JernosComicsPopCulture

2 жыл бұрын

Ahhh those are the ones specific for shipping labels. Do you know if they will print the invoice as well, with all of the line items?

@chadnelson1150

2 жыл бұрын

I have a dymo 450....I think that's what it's called lol. Thermal printer. Prints my labels and each roll holds around 200 to 300 labels. Each roll is around 6 to 8 bucks I believe. I rarely have to restock on rolls and I do sell fairly often, but it's exclusive to ebay right now.

@chadnelson1150

2 жыл бұрын

@@JernosComicsPopCulture not the invoice unfortunately. They are a set size with adhesive backing. Print. Pull of the backing and slap it on the box.

What you offered was very fair. I think many dealers don't do the proper cost analysis as you have and end up losing money on the deal.

@JernosComicsPopCulture

2 жыл бұрын

Agreed. And rid is why it's so hard for stores to keep their doors open.

the only comment i have for this whole issue would be: the seller didnt need to sell at all if he didnt like the price you gave him. Also, as you probably know, when you start a business, you're going to take hits on profits early on. This is not a great economic time for this industry either, as you well know. If you think your profit was minute, think of the loss the OG seller took (in theory) by selling for the price you bought the collection at. I get it, man, but at least you made something. And its a step to build your brand. One last thing, if you dont mind......bro, the passion you show is impressive, but you aint gotta yell. Kids are trying to sleep, lol. jokes. Best of luck, dont let haters bother you.

You can't add essential costs like electric and gas for your car. You would buy that stuff anyway regardless. Unless you like walking everywhere and coming home to sit in the dark lol

@JernosComicsPopCulture

2 жыл бұрын

Absolutely not true. Any business documents utilities and gas for their business, and submit it with their taxes every year as an expense. Every time I travel to pick up a collection, I calculate and document my mileage. If someone owns a business, their electricity bill is a huge fixed cost that goes into the P & L (Profit/Loss) statement in their accounting department. If you work from home, utilities like electric, internet, phone, etc., are still counted as business expenses, but it's usually anywhere from a 15 - 25% of it only. If I use 25% of the square footage in my house to do business in, then 25% of my rent is considered a business expense as well when filing taxes.

I wouldn't have even offered $400 to the guy for those books, but then again I'm not a valiant fan at all and consider those books to just be kindling haha! On top of that I'm sure they hadn't been stored properly all those years, they could be yellowing and have brittle pages, even insect damage. And again the time you took bantering back and forth with him would've turned me off to any deal agreement immediately.

@reprintranch

2 жыл бұрын

That's a really important point, actually. Sellers need to keep in mind that there's a worse fate than having a reseller offer you 30-something cents per book to take an entire collection -- that is, having collectors decline to make any offer on your comics whatsoever, because the material doesn't line up with their interests.

@stryker-reclassified

2 жыл бұрын

@@reprintranch yeah for sure, I can see many of those books not moving at all if ever. It would take the right person at the right time to come along and want what Jerno's trying to resell to sell them just for minimal profit.

Ain't it the truth!! 👍

No need to accommodate the haters but you did a very detailed breakdown. Keep doing you man.

As a reseller, I appreciate the heck out of this video, the same people who bitch about what you paid are the same ones that would bitch if you charged top dollar.

It's hard these days to even sell good books at fmv. The price of selling right now is insane. Good video brother!

Great show... I figure I'm lucky if I at least get my money back... but I still love the chase for the big one.

@joebroadhead7733

2 жыл бұрын

Love the content. Not so love the yelling.

What was your thoughts in buying this stuff?

@JernosComicsPopCulture

2 жыл бұрын

Not sure I understand the question.

it doesn't help that the economy is in the dumps and less disposable income . in addition 90s over printing of these moderns was ridiculous tough spot to be in . maybe you should focus on silvers and bronze

@JernosComicsPopCulture

2 жыл бұрын

I will pretty pass on collections that are all modern, unless it's for a steal and I know I can move it. But the message here is a general message that implies to any type of collection, and it just boils down to value.

100% true. Most people don't know how much work is involved. It's a pain in the ass. When someone sells their comic book collection they think every book is nmint/mint and most are in fine/vfine if that. Majority of the books are commons that you can fine in dollar bins. Sometimes you fine comics that you never heard of and have to ask yourself "Who buys this junk" Those comics no one will buy even for 25/50 cents each. I give them away to kids where I live. You can deduct cost of materials, gas to post office/comic book shows/ to your LCS and when you travel to buy a collection , dedicated office space, internet, ect. Still most of the time it's a wash. Thanks.

You enjoy this or you would have a job that pays

@JernosComicsPopCulture

2 жыл бұрын

I sure do. My love of the hobby comes from all sides of it, as a collector, and as someone who wishes to provide the service of selling to other collectors.

@jimd.226

2 жыл бұрын

Thank you for all of the time and effort you put into this hobby.

Listen up folks, This man speaks the truth !

@JernosComicsPopCulture

2 жыл бұрын

👊🏻

Post & packing is a killer in the uk. Im not a shop so don't buy in bulk, a mailer would cost me about $2 and postage $3. Thats before any ebay fees or tax. It makes even those junk books cost about $6 to give away. The only real way to get that down is second class mail no tracking and no card to decrease the weight. Then there's the items that go missing and the time taken to make a claim on an item.

$2.73 per hour...before income taxes. If people don't like the prices you're paying, they can choose not to sell you their comics.

Hey jerno just wondering we really get charged a listing fee on top of just ten percent fee? That's 20% fee ... I thought it was just 10%..I did small sale to test whatnot fees here was my exp. I sold 40$ worth of books and I was paid 27$

@JernosComicsPopCulture

2 жыл бұрын

There is a total of 10.9% in percentage fees. One is 9% and the other is 1.9%. Then on top of that, yes, a .30 cent listing fee. But if you sell a comic for $10, it's a much smaller percent than if you sell a book for $2. That's why I have been bundling more of my cheaper books. So if I list a lot of 3 Marvel books, I'm still only hit with one .30 cent fee for that listing.

You Make selling books almost sound as if it’s not worth it. If one does not have fun in this hobby don’t bother is the gist of what you just said.

@reprintranch

2 жыл бұрын

I have to disagree. What I took away from this episode is that resellers must take a clear-eyed view of a comic collection that's up for sale, and make an offer that will enable the reseller to turn a decent profit when all's said and done. Part of the process is having a good understanding of all the costs associated with the purchase and resale of the collection (time expenditure, fresh bags and boards, eBay fees, etc.), another big part of the process is having a good understanding of the salability of the comics in the collection. When you try to earn a living from reselling collectables, you're inevitably going to meet some would-be sellers who would very much like to get an unrealistically large amount of money from comics that have little or no resale potential. This was the motivation for Chris' video, and he did express some exasperation. I don't blame him. If the person trying to sell me a comic collection was pretty much arguing "I say you can make a lot more money from these comics than you're estimating, and my assurance should trump any silly bean-counting calculations you've made, Mr. Mathematics Guy." That'd annoy me, too. The argument boils down to, "disregard your own critical thinking skills, do as I command." I don't like that approach.

Great explanation even tho you shouldn't have to justify how much you are willing to offer ppl for collections( which is more then fair). I think ppl who are bitching at you for how much you offer sellers is just hating because they are jealous of your come up. Haters will always hate for any reason and unfortunately being a public figure in the comic community and being as transparent as your are it will never end. Just keep doing you brotha and keep up the awesome content!!🤘🤘

@JernosComicsPopCulture

2 жыл бұрын

Very true, Josh. Thanks for sharing!

bro, next time your out getting gas...just grab that wet scwee gee and hit a few randoms in the lott,, i bet one person will shoot ya a fiver...then you can just kick it and not have to do all this insane work and BS.... even dig change froma drive thru

@JernosComicsPopCulture

Жыл бұрын

lollll yeah I'm not that desperate.

Bullies (or in this case unfair criticizers) get their power (and control) based on how the other person reacts or responds to their bullying or criticism. You just did what they wanted - to overreact to a situation that they intentionally initiated. I don’t see any reason why you even had to respond by making this video. Those who know you and the comic book collecting market get what you did. People and businesses take advantage of the information gap that exists between sellers and buyers all the time to make money (e.g. think auto dealers before the internet). That has changed quite a bit with the transparency of markets and prices that are now on the internet. A seller who does not know the true real value of a collection before they sell it should not blame the buyer for a price that they feel isn’t fair. I understand your frustration (and anger), but the tone of this video was a bit too defensive (when it didn’t need to be). You are defending yourself when it really wasn’t necessary. You did nothing wrong.

@JernosComicsPopCulture

2 жыл бұрын

I appreciate you sharing your honest thoughts, Tim. Quite honestly, when I looked back on this, I didn't realize in the moment that I was so... "animated," so to say. But quite honestly? That's just sometimes my passion. I disagree with you about why I needed to make this video. This video wasn't a video for "bullies," but merely a video to educate people. If you read through the comments, you will see how this information delivered in the video really helped many people who watched it. My intent with all my videos is to educate. But I do understand when you speak of my delivery. I definitely think I could have been less animated when discussing it, and maybe that energy was a product of those who "run their mouths." I think it was partially that, mixed with the fact that sometimes, I allow my passion to be on full display.

@timreierson26

2 жыл бұрын

@@JernosComicsPopCulture Your passion is undeniable.

The clown show continues. HA!

@tonyheart9306

2 жыл бұрын

Funny. I see you in the comments on like all of Jerno's videos always crying for attention. You probably have pictures of Jerno's on your wall and secretly wish you could be him.