Buying and Selling Comics and Collectibles
Holding Period and Investment Diversification
Certified Comics and high-end collectibles which are being purchased for inclusion within an investment portfolio should be considered long-term investments. Subculture Comics does not give investment advice, but recommends a holding period for certified comics of at least three to five years or longer. An appropriate holding period increases chances for profit, may differ from product to product, and may be longer in duration during periods of changing market conditions or increased market volatility.
Pricing Policy
At Subculture Comics, we take pride in having some of the best prices in the industry. We have a competitive pricing structure and pass our low cost on to our customers.
Product prices are set internally, and are constantly changing. Many considerations, internal and external including market conditions, demand, supply, competitors’ promotions, company performance, and general expenses, may contribute to the cost of purchasing coins from Subculture Comics. Our prices are not necessarily related to, or affected by the prices at which other retailers or dealers buy, sell, or value the same or similar products. The difference between our sell (ask) and buy (bid) prices is referred to as our bid/ask spread. That spread is continuously fluctuating depending upon market conditions. Spreads may decrease or increase over time, and bids may change such that the total value of products purchased may decrease or increase by more than the amount of the bid/ask spread.
Comics held for investment purposes must appreciate by more than the amount of the bid/ask spread before they can be sold at a profit.
Payment, Cancellation, and Return Policy
We accept payment via cash, personal check, credit card, and PayPal for all purchases. Subculture Comics will ship all orders paid via check, credit card, and PayPal as soon as funds clear, usually within 3-5 business days. All orders paid via cash are available for immediate delivery or pickup.
All sales are final. There are no refunds available on CGC Certified Comics. Returns for all products will only be accepted if item was damaged in shipping and recipient refuses delivery due to damage. If product is accepted by recipient it is considered to have been delivered in original condition and any damage reported will be assumed to have been caused by recipient.
All sales are final. There are no refunds available on CGC Certified Comics.
Storage Policy
Subculture Comics does not offer storage for clients. All products must be shipped to client’s personal or business address.
Delivery of Goods
All products shipped by Subculture Comics, or fulfillment houses, are fully insured until signed for by the recipient. Orders paid by credit card will not ship for at least three (3) business days after receipt of payment. Orders paid by cash may be shipped sooner, depending on current availability and inventory. Shipping times are affected by many factors outside of Subculture Comics’ control and may change at our discretion without prior notice to customers or potential customers. Subculture Comics makes no guarantee, expressed or otherwise, concerning shipping times on all orders, except where individual state law dictates otherwise. Lost or damaged shipments may be replaced at Subculture Comics’ discretion either by replacing the order as originally confirmed, or by refunding the customer’s purchase price. Refusal to accept packages or returning packages to Subculture Comics, or the fulfillment house, does not automatically entitle customer to a refund. Customers must contact Subculture Comics to alert us of return. Any discrepancies in deliveries must be reported to Subculture Comics within twenty-four (24) hours of receipt of the package. After the expiration of 24 hours from the day the packages are received, Subculture Comics assumes all deliveries were received as ordered and will not address any discrepancies.
Buying Policy
Subculture Comics offers a two-way market for CGC Certified Comics whether or not they were originally purchased from Subculture Comics. Though you may choose to sell your certified comics elsewhere, or have them auctioned, we have found that we often offer higher prices for certified comics than those which are widely offered elsewhere. The current bid price which we offer for certified comics is determined by market conditions, supply and demand, inventory needs, current promotions, and other considerations. Subculture Comics makes no guarantees expressed or otherwise that profit will be made when selling certified comics to us. We are legally prohibited from guaranteeing our buyback policy. As such, the policy is subject to change at any time and for any reason.
Risks, Future Growth Projections and Tax Liabilities
Past performance does not guarantee future results.
All projections we make of future growth are based upon past performance, historical analysis, and research, our projections are our opinion and do not guarantee future growth or retention of value. Markets are constantly changing, and though individuals and institutions may make educated predictions regarding the future of investments, and the economy, such predictions cannot be made with certainty. The value of collectibles is derived primarily from their rarity, scarcity, quality, and condition; but other factors may also contribute to value. These factors include speculative interest, collector and investor demand, available supply, promotions within the industry affecting demand and supply, perceived value, general economic conditions, and many other factors both known and unknown. These comics and collectibles may increase or decrease in value. Grades and descriptions of comics are opinions based on guidelines, standards and interpretations that can and do change over time. Subculture Comics guarantees that all the products we sell are genuine, we expressly disclaim any other warranties, expressed or implied, including the implied warranties of merchantability and appropriateness for a particular reason or investment strategy.
Subculture Comics makes no attempt to confirm the suitability of any product for any particular customer at any time; investing in comics and collectibles is not appropriate for everyone. It is the responsibility of the investor or collector to educate themselves and consider all risks, prices, and policies relating to their purchase or their intended purchase.
Subculture Comics never gives tax advice, any and all questions pertaining to tax liability and benefits should be directed to a certified tax accountant. Subculture Comics makes no guarantees expressed or otherwise as to the tax benefits of owning any product at any time.
Our Employees
At Subculture Comics we take pride in delivery excellent customer service and maintaining a staff of helpful and knowledgeable representatives and support staff. Representatives and staff are not permitted to amend or alter any policies set forth in this document, including pricing, returns, or guarantees. Any statements, warranties or guarantees made by an employee of Subculture Comics that contradict what is stated in this document are not binding to the company.
Summary
The most important step in any investment decision is education. Before investing in any tangible asset, including comics and collectibles, you should have a thorough understanding of the costs, risks, and other considerations involved. We take pride in our knowledgeable staff and excellent customer service, and we hope we are able to assist you in educating yourself regarding these products. It is the responsibility of the individual investor to determine what percentage of their total assets should be invested in any particular asset class. Ensure that you can hold your investment for at least 3 to 5 years, to maximize potential for profit and minimize potential for loss, and do not go into debt to purchase tangible assets. Financial markets fluctuate, assets can rise and fall in value, so do your best to make educated and reasonable investment decisions.
