Sports Illustrated/TIME Blog #29 – Buyers Love Hobby Correction!
Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.
Graded mag buyers fell in love with the latest SI pricing hobby correction. After two years of solid price escalation, the hobby decided to take a breather. The hammer prices realized at the most recent Huggins auction were well below expectations leaving hobby enthusiasts questioning what’s in their future. But visionary hobbyists take heart – with every hobby event there is always a silver lining or learning opportunity. I am excited about the current hobby progress and believe our recent correction is more opportunity than setback.
These blogs are meant to bring expert hobby opinions to just such volatile times. I remember in October 1987, the stock market crashed 25% in one day. The next day, the guys with cash went on a buying spree scooping up tremendous bargains from jittery stock owners. The rich guys got richer while those that panicked continued to lose. As the stock market began to rise even above previous highs, it became abundantly clear who had won and who had lost. Following this example, the graded mag hobby is in its infancy and has been growing at such an accelerated pace, I’m surprised a correction hadn’t taken place earlier.
The great news is – Corrections are Opportunities. They also inspire different hobby reactions – sit on your hands and wait for prices to rise again and buy high or buy low now and sleep comfortably as prices rise and surpass previous highs. I am not a guru or a market expert, but for graded mag collectors I believe these are fantastic times. For a short period, I predict there will be great buying opportunities to those that stay the course and remain undeterred by the volatile nature of a burgeoning hobby. You only have to follow the card or comic hobby for a history of similar corrections and growth spurts always followed by overall hobby expansion. Personally, I have already taken advantage of several graded auctions and internet sales that offered real value.
Because I’m interested in being a catalyst in the continued growth and expansion of the graded SI/TIME hobby, I have decided to tangibly participate in the movement. Effective immediately, I am implementing my customer loyalty offer to all of my readers and only my readers. It’s an offer you can’t refuse. For the next 10 days ending Sunday, 8-26-18 (a hard ending), I am offering my entire ebay graded magazine line at 50% of auction price plus shipping. That’s 300 items, no gimmicks, no exclusions, no hooks. Jordan, Ali, Brady, Bird, Gretzky, swimsuits, LeBron, Mantle, old, new, none higher, POP 1, whole or partial registries – they’re all here. Buy one item, buy 10 items, buy 100 items – it’s your time to take advantage of your customer loyalty. All you have to do is write me at email@example.com and tell me what you want, I’ll send you an invoice, and the items will ship in one day after receipt of payment. I’ve never made this offer before and don’t plan on making it again. And Monday the 27th will be too late.
Here’s why I’m making this offer;
- This is a good time to promote interest in the hobby.
- I have built an inventory sufficient for handling such an offer.
- I want to continue to encourage my readership to build their favorite registries. I have the highest graded registry sets in existence.
- I will be promoting hobby sales while helping out my readers at the same time. Win.
- I am following my own advice by encouraging hobby participation and suggesting that these purchases will be great long term hobby investments. That is consistent with the central purpose of my blog.
These are truly great times for the SI/TIME graded mag hobby. I hope to hear from you.
I hope you are enjoying the reads on the history of TIME and SI magazines as well as an insight into relevant magazine collecting.
Great collecting to you and best fortunes with Sports Illustrated/TIME!