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03-16-2017, 11:20 AM
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#1
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Hellfire Club
Join Date: Feb 2011
Location: Harlem
Posts: 4,108
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Is The Hobby Dying?
Do you think the hobby is dying?
Has the "bubble" begun to burst?
Why so? Why not?
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03-16-2017, 11:23 AM
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#2
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curmudgeon Mod
Super Moderator
Join Date: Aug 2004
Location: The Shire
Posts: 35,058
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Not from my perspective. I'm still buying. But I do think the larger sizes are limiting what many collectors can purchase. Sure there are some who have much more room than the average collector and can get many pieces but i think that's more the exception than the rule.
__________________
The damn things invisible!
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03-16-2017, 11:40 AM
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#3
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The Avengers
Join Date: Aug 2013
Location: Transylvania
Posts: 655
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I think once manufacturing prices rise enough in China that it offsets the threshold most collectors are truly willing to pay, then the "collectibles industry" will become unsustainable. If you look at the current trajectory, which is not budging, the fracturing is imminent.
Collectors of these kinds of items are for the most part not wealthy individuals, so I believe we are not too far off that bubble burst.
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03-16-2017, 11:43 AM
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#4
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Hellfire Club
Join Date: Feb 2011
Location: Harlem
Posts: 4,108
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I think it's dying and thriving all at the same time.
Kinda like a Zombie. Not totally alive, but definately not dead.
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03-16-2017, 11:43 AM
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#5
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If you saw a heat wave, would you wave back?
Join Date: Jul 2014
Location: Gotham
Posts: 2,983
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People are being priced out more than the hobby is dying, meaning ppl are still interested in the hobby but cant afford it, or soon wont be able to.
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03-16-2017, 11:46 AM
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#6
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Hellfire Club
Join Date: Feb 2011
Location: Harlem
Posts: 4,108
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Quote:
Originally Posted by toty21
I think once manufacturing prices rise enough in China that it offsets the threshold most collectors are truly willing to pay, then the "collectibles industry" will become unsustainable. If you look at the current trajectory, which is not budging, the fracturing is imminent.
Collectors of these kinds of items are for the most part not wealthy individuals, so I believe we are not too far off that bubble burst.
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I completely agree.
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03-16-2017, 11:50 AM
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#7
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Green Arrow
Join Date: Oct 2006
Location: NY
Posts: 10,432
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I'll always collect in some capacity but quarter scale collecting is coming to a close for me due to space and prices. Fortunately, or maybe unfortunately, companies do seem to be trending to smaller scales so I'm sure I'll always have something to blow my money on.
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03-16-2017, 11:56 AM
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#8
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Angry Green Rage Monster Mod. SMASH!
Super Moderator
Join Date: Nov 2005
Location: Anger Management
Posts: 43,815
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The hobby is not even close to being dead. I can see it changing slightly but that has been happening for the last 10 years. Sizes, ES, scale, prices, etc. will all move to where demand goes and opportunity knocks. As long as the subject matter is still thriving (which it is), companies will find a way to satisfy consumer demands.
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CAF
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03-16-2017, 12:01 PM
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#9
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Omega Red
Join Date: Dec 2008
Location: United Kingdom
Posts: 9,050
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In terms of higher end statues, I think it has a while left, most of us on here are presumably still able to afford these things, all be it I've completely cut out all impulse purchases and even buy a lot less from my favorite licenses. But some of the prices we've seen lately have been fairly shocking, the star wars/Deadpool PF's and the Wolf Predator LSB etc. Even in a hobby for which we've been accustomed to high prices. I fear if they don't get the pricing under control soon, it probably won't be long. Another factor is the sheer amount of competition now, we're spoiled for choice with incredible companies like Prime 1 and ECC on the scene. You'd think this competition would have kept prices competitive, but it just hasn't. The real nail in the coffin is the shipping prices which have almost doubled in recent months, and of course some of us have to pay import duty which adds at least 20% of the total cost (including shipping) It's just all adding up too much.
It think we're quickly heading towards Sideshow having customers exclusively in the USA where the customer base can keep up for longer, the free US shipping for example aids this while stamping the nail in to the rest of us a little more while we already have the odds stacked against us. And the same for other companies in their respective regions. I hope things change for the better soon, or at least stabalise. The last year or so is the first time I've genuinely been worried about the hobby I've loved for the last 15 years or so.
All of that said, maybe the fact I (and apparently many other long term collectors) are finally on the verge of being priced out, doesn't reflect on the hobby as a whole. I'm sure there's a world of rich kids out there waiting to discover this game. Maybe the customer base is simply shifting rather than dying.
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03-16-2017, 12:16 PM
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#10
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Hercules
Join Date: Jun 2014
Location: UK
Posts: 14,480
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The speed at which XM Studios statues sell paints a picture of a buoyant market.
The quality and quantity (different lines) of pieces Prime1 are releasing I would imagine are giving other companies the Heebie-jeebies.
I am quite new to the hobby and have slowed down due to a number of factors, space, money, having the statues I want. There are still statues i want, but they sell for too high price on ebay. The plan is to make space, and order atleast one statue per year. At the moment, I have 2 on pre-order, and 1 more to order. I might give it a rest
For all those that abandoned the hobby, there will always be new-comers.
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