carry in : cartoon strip , Current News| Tagged : belly-up , failure , diamond
Two weeks to go … how will the Diamond Comic Distributors auction affect accumulator ? How much will be up for grabs ?
Article Summary
TheDiamond Comic Distributors bankruptcyauction is almost upon us . Monday , the 24th of March , two weeks to the day . As well as everything from Free Comic Book Day , Diamond UK , Alliance Games and Gentle Giant up for snatch , there are also the contents of the warehouses . Forty years equals a lot of neckcloth ; there are estimations that there could be anything up to a hundred million US dollar Charles Frederick Worth of risible Holy Writ and related ware up and down those storage warehouse shelves . latterly , Diamond cleared out yard of supposedly uncommon ratio chance variable book binding , and Bleeding Cool only covered a sliver of what was available . Those comics have now been absorbed into the overall market and have had the consequence of cool down prices a tad , pass that retailers could piece them up for $ 5 to $ 10 a piece when they are commonly betray on eBay from $ 50 to $ 100 .
It is quite potential that , in an endeavour to raise as much money as fast as potential , the failure court will do the same for everything . Massive amounts of stock , sell at a discount spirit level , to such a point that it could heavily touch on the overall market place , adding supply in oversupply of demand at a grave discount rate . and given the nature of the bankruptcy , in such a public fashion , that market prices will plummet . For collectors looking to purchase , it could be a once - in - a - lifetime opportunity . for collectors who have already bought , there may be a lot of overthrow . While this will only directly affect demand and sales for more recent product , a chilling issue on one part of the marketplace can spread to the rest . This will , of row , all depend on what is in those warehouse , what of it Diamond is able to sell , and how much they can deal it for en masse shot .
There has been much focus on the impact Diamond Comic Distributors ' Chapter 11 bankruptcy procedures will have on comic Word of God publishers and creators . Now , it ’s time to see the impingement on collector as well .
delight this ? Please portion out on societal medium !
