I sent Barry an email expressing my displeasure.
I sent Barry an email expressing my displeasure.
I'm sorry to hear about that RF, hope Barry can sort something out for you!
I was excited about only spending $900 on mine....oh well.
What is to sort out?
Gauntlet offered something for sale, RF bought it, and over a year later, they reduced the price to get rid of remaining inventory. Them's is the breaks. If I had a crystal ball, I would have waited longer than I did not. So on the one hand, I am glad I did not pay full price, but on the other hand, wish I could have paid $500 instead.
FOR SALE OR TRADE
Dark Tower 7 Artist Edition n/a
The Waste Lands 1st Edition in Shrinkwrap $200
1984 Grant Gift Edition of The Talisman $400
Lisey's Story ARC $50
.
.
WANTED
Signed 1st Edition of Storm of The Century (Paperback)
I didn't write Barry asking for or expecting anything. I just told him ..."I know you have to clear inventory out, but seeing a Lettered edition "remaindered" just encourages me (and others) to hold off buying the item at issue price. Had I done that, I would have an extra $1K. "
I also spent a good deal of money on another SK limited edition which just sold from a different publisher for $300 less then I paid for it. So I am 'out' $1300 I could have spent on another nice limited book. But I agree with tippy4 completely. Them's the breaks. I'll still keep on collecting though.
I'm sure if there is intelligent life somewhere out there in the universe, they are wise enough to stay away from us.
And the people bowed and prayed, to the cell phone god they made...
I do not agree. We are dealing with publishers who know we are collecting. They are publishing books for collectors. They are setting the limits, copies etc... , I believe the correct way to handle the situation is too sit on the inventory or destroy the inventory. There by increasing or maintaining the value of what they are offering. Who wouldnt be skeptical of what they are selling in the future, if they handle the extra's in this manner. Donald M Grant is not having a "fire" sale of unsold copies at discounted prices. Cemetery Dance and Overlook are not discounting when they have extra's. They should be embarrassed that they over estimated the number of copies that they made and should not be "discounting" to this extreme.
That would be an absurd way to run a business. Cemetery Dance most definitely discounts their books. They routinely have 50% off sales, and have grab-bags with much larger savings than that. DMG has started providing their books for sale through Amazon; I don't know the exact details of the financial transactions, but I imagine that DMG gives a significant retail discount to Amazon, based on the prices they have. Amazon is probably the primary reason why the LSOE gift edition sold out.
And, while we're on the subject, G&G books went out of business in 1990s, after publishing just two books in the "Lawrence Block Library". LB ended up getting all of the unsold inventory in the end, and is still trying to dump them 20 years later. I have a few that I paid $10 for, and I know that he has no qualms about all the collectors who paid full price for them originally.
PS Pub also had a ebay discount on their LOCKE &KEY s/l's. I think it was around $100..and the original price was $250.
I have to agree....sorry RB...but that was just ridiculous. Publishers publish books to make money, not to increase the value of your collection. I doubt most small publishers like Gauntlet, DMG, and CD are getting rich, so every sale helps. And if you were a small publisher, would YOU burn your last four or five copies of a particular title if you could get $500 each for them?
And BOTH CD and DMG provide books to Amazon AND have sales. I bought a copy of IT and a Blockade Billy slipcase not too long ago for 50% off directly from CD.
And hey, let's be honest here...did anyone out there really think this book would increase or even hold its value? I knew this was going to be another FIFTY TO ONE scenario, which is why I waited until I could get it for 40% off at $900 (I just wish I had waited until the 66% off sale).
For the most part, King S/Ls hold their value or increase...but a few do lose value like FIFTY TO ONE and MASQUES.
FOR SALE OR TRADE
Dark Tower 7 Artist Edition n/a
The Waste Lands 1st Edition in Shrinkwrap $200
1984 Grant Gift Edition of The Talisman $400
Lisey's Story ARC $50
.
.
WANTED
Signed 1st Edition of Storm of The Century (Paperback)
I can see both arguments, but I would not want to be in their position.
I still think the discount was too much. Not very respectful of your current and repeat customers. That being said, Maybe they should of went the DMG route, and had someone do remarks and raise the price!!
I was dispointed in my $125 gift edition and returned it. I am glad i did not buy the $1500 version!
I got my Knowing Darkness S/L for around $300, a third of the almost $1,000 issue price. I am a very happy customer.
But at the same time, I can see why people are upset. It sucks, but at the same time it's kinda the name of the game. We rush to purchase something at a higher price because it might sell out. And if it sells out, then we don't get one. But if doesn't sell out ... and the price lowers ... it hurts. When the second Stephen King bobbleheads came out, I purchased mine for $75. A day ro so later, they were selling for around $30. That hurt, lol.
Presumably, you are talking about this deal from PS publishing. First off, they are selling 9 books with a retail value of £600 for £300, which is a 50% discount. That really isn't all that far from a 67% discount. Second, PS had a similar deal last year called "3 Signed TRAYCASE Editions (all 2009/2010) for £49.99'" you didn't get to choose which books you got, but Horns was included in the mix. Finally, when two copies of Horns came up for sale on ebay earlier in the year, they went for less than $100. PS can try to prop up the Joe Hill collector's market, but it's too late to insist that the book is worth £200; all that will happen is exactly what has happened: PS will hold onto the books until the time comes that they decide to sell them at a sizeable discount. It's also important to point out that Horns is the only in-stock book that gets this special treatment; what about the Ramsey Campbell or Rio Youers collectors, who paid £50 or £60 for their books, which are now apparently for sale at 8 for £100? Doesn't the publisher owe a debt to those collectors, or is the special treatment only for collectors of hyper-inflated books?
Doesn't the publisher owe a debt to those collectors, or is the special treatment only for collectors of hyper-inflated books?[/QUOTE]
Now you understand where I am coming from! I only collect the Stephen King and Joe Hill Books. After reading all the comments, I admit that in my own mind I thought the publishers where trying to satisfy a collector/good repeat customer. It took me a while to realize they are only in it for the money.
Look.....nobody complains when their book goes up in value....so nobody should complain when they go down in value.
We all have the option of buying direct from the publisher when a book is released (if you have the rights to do so), or take your chances and hope the publisher will drop the price later to get rid of inventory.
Most King S/Ls sell out, and most hold or increase in value.
This one was the exception to both rules.
FOR SALE OR TRADE
Dark Tower 7 Artist Edition n/a
The Waste Lands 1st Edition in Shrinkwrap $200
1984 Grant Gift Edition of The Talisman $400
Lisey's Story ARC $50
.
.
WANTED
Signed 1st Edition of Storm of The Century (Paperback)
If possible, it'd be nice to know what did Barry said when you contacted him, Jerome.
Wanted list:
Ubris