Hot Toys – MMS132 - Iron Man 2: Mark VI full spec and pics

[bonestockbrz]

The bd mk vii is going to change the hot toys market. It has brought in so many new collectors that it will make Hot Toys a major fire player in action figures

Now if I was giving up a mk vi for bd vii, I would do that trade. I wouldnt give up a bd mk vii.

 

[mdd0101]

Anyone want to trade ? Pm me. I can't seem to make a thread in the for sale section yet.

 

[mrclean08]

The bd mk vii is going to change the hot toys market. It has brought in so many new collectors that it will make Hot Toys a major fire player in action figures

Now if I was giving up a mk vi for bd vii, I would do that trade. I wouldnt give up a bd mk vii.

Do you think the bd mk vii price will increase even more in future months than what it currently is now or has it peaked?

 

[bonestockbrz]

based on what ive seen and know, yes. Now if ht made more, then that would flood the market. Im an investor by trade, its high now and grossly overpriced. All you need is for the new breed of collectors to buy, then it starts a chain reaction driving the price up.

You also need to factor all the overseas collector who were shut out. You got a limited supply with an huge demand. Once it actually comes out and its in hand, then prices will be market based.

Limited is a ploy to sell units.....

 

[Wor-Gar]

I wanted the BD VII but it was too pricey to start. Now look.

I imagine it will always hold a high price. But likely given the demand that HT will either reissue/2.0 it... or make a BD diecast to tap into that demand.

 

[mrclean08]

based on what ive seen and know, yes. Now if ht made more, then that would flood the market. Im an investor by trade, its high now and grossly overpriced. All you need is for the new breed of collectors to buy, then it starts a chain reaction driving the price up.

You also need to factor all the overseas collector who were shut out. You got a limited supply with an huge demand. Once it actually comes out and its in hand, then prices will be market based.

Limited is a ploy to sell units.....

Well said. For the most part, all the HT Mark Suits have increased in value and held their value over time except for the Mark I and II which both got 2.0's produced that killed the first versions once high market values. Even the Mk. IV took a slight hit after it was reissued with the Gantry, although it is steadily climbing again. Only way I see the other remaining Mark Suits being devalued is if HT decides to do a die-cast redux on all of them. It's insane how much the Mech Test Stark, BD III, V, and VI cost these days.

 

[bonestockbrz]

Just take Hawkeye as a recent example. Look at the prices he is commanding and people are actually paying.

On the mk I and II, those are starting to creep in price now. Sideshow and BBTS are sold out which causes panic and panic costs money. Nothing is as bad as the mk vi. Prior to the announcement of the bd vii, it was going for $400~500 with the Avengers version going for $450~550. After, it drove the price up by $100 on each. The bd vii has driven prices up across the board for Iron Man figures.

Im not going to lie, ive been stockpiling tumblers, batpods and avengers figures now because they are cheap and readily available. Heaven forbid I want duplicates down the line and Im at the mercy of sellers.

 

[mrclean08]

Just take Hawkeye as a recent example. Look at the prices he is commanding and people are actually paying.

On the mk I and II, those are starting to creep in price now. Sideshow and BBTS are sold out which causes panic and panic costs money. Nothing is as bad as the mk vi. Prior to the announcement of the bd vii, it was going for $400~500 with the Avengers version going for $450~550. After, it drove the price up by $100 on each. The bd vii has driven prices up across the board for Iron Man figures.

Im not going to lie, ive been stockpiling tumblers, batpods and avengers figures now because they are cheap and readily available. Heaven forbid I want duplicates down the line and Im at the mercy of sellers.

Do you foresee HT products like Iron Man, Avengers, Batman figures etc holding their value during the long term (3, 5, 10 years from now)? I was talking to my LCS owner and he mentioned that he foresees HT products as keeping their value into the future long term because they weren't mass produced and readily available to the public unlike all modern toy lines. I did add one point that if the "next great thing" comes along and 1-ups Hot Toys in quality and standards, that's the only way I can see them losing their value. I have yet to see an older HT figure resell for less than retail price. Worst I've seen is break-even cost.

What are your thoughts?

 

[bonestockbrz]

Yes, iron man alone proves your theory. The only threat to the values of Hot Toys is Hot toys.

Im not going out looking for figures to sell down the line, im looking for figures I want to have multiples of now. In the past two months ive acquired, a tumbler for $400, batpod for $225, avg cap for $175 black widow for $175. Now, I already had those figures, but saw the cheap price, loved the figure and jumped on them. I always try to buy under market price in the event I do need to sell, im not losing money. Plus, I usually sell figures to collectors for cheap. I sold my swat gordon for retail, dx 12 for retail, and even offered hawkeye for retail until I was lowballed and then insulted.

 

[mrclean08]

I pretty much open all my figures. But I won't lie, it's nice to know they're worth some coin when they are. If I do buy doubles, it's for the sole purpose for trade bait for future products that I need.

The #1 thing I like about displaying my HT products especially the Iron Man line is that non-collectors who are guests in my household are amazed at the details. Even girls who could care less about an action figure sometimes stop, stare and briefly ask a question or two about them. Now, that's pretty cool. I don't get any of that type of reaction with any other types of toys except for my Hot Toys Mark Suits.

 

[chewdeezy]

I hope Hot Toys re-release all the previous Marks in diecast form.

 

[Wor-Gar]

wrong thread post moved

 

[hokietwo]

Yes, iron man alone proves your theory. The only threat to the values of Hot Toys is Hot toys.

This reason more than anything, but probably not for what you would think will ultimately devalue collections.

Hot toys is increasing the pricing at such a rate of growth that they are going to make this collecting space burst. Whether most people around here want to admit, they are running up debt with credit cards and getting sucked into the fever of getting these figures. Most people do not have thousands of dollars of disposable income to buy a figure a month, which is the current clip you are seeing lately.

I think you will see a steady decrease in the number of figures purchased and more collectors exiting and selling off in the next 6 to 12 months as these credit card interest bills rack up.

This is a big weakness I see in Hot Toys business model right now, sacrificing long term revenues for large quick hits in rev growth. I cannot see the volume of collectors staying steady with figures consistently over 300 dollars. Which will end up causing increased supply, less demand and devalue collections unfortunately.

 

[sixxshooter]

Guys , were all nuts for paying $250 for a 1/6 figure . It's insane ! The bubble will burst eventually .

 

[bonestockbrz]

Hokie you hit it on the head. Economics is a powerful agent against the uninitiated but we are initiated, arent we hokie....The problen is Hot Toys is growing at such an accellerated rate, they arent considering they are a "niche" product and are catered to a very specialized market. The action figure industry is incredibly competitive, but HT has been the sole king on the throne on 1/6 articulated movie figures. Now, they have heavy competition from Play Imaganitive and Enterbay. Its already tovthe point fand are unable to keep up with releases. Eventually they will make figures too expensive for your average collector. Thats why I said the bd mk vii will change things.

Actually, Ive only bought maybe one hot toy on my credit card..everything else is through my debit card or cash...

 

[hokietwo]

Yeah it sucks, cause HT is really preying on people's love for having these figures. Especially on forums like these where you see new figures and people growing their collections visually.

We definitely build a better mousetrap around here for them. I am fortunate to own my collection with no CC debt.

Not a worse feeling to imagine than to overextend and have to sell off a collection and especially a piece you really enjoy.

 

[NASEDO]

I think HT is fine. Their product is top notch. SS may have some trouble down the road. Their QC has gotten bad, and their Editions are getting high.

 

[kanine]

I would love HT to have competition, but even they are charging almost HT prices. Enterbay prices are not much cheaper than HT, and their new NBA figures costs more. SSC is charging almost $200 for their newest stuff, and the Play Imaginative diecast IMs are pretty much in the same price ranges as HTs. Getting HT figures may get easier with competition, but the new norm is going to be $200 or more for a figure, no matter which company. Collectors like us are going to be paying higher prices in the end no matter what.

 

[LipSmack]

I would love HT to have competition, but even they are charging almost HT prices. Enterbay prices are not much cheaper than HT, and their new NBA figures costs more. SSC is charging almost $200 for their newest stuff, and the Play Imaginative diecast IMs are pretty much in the same price ranges as HTs. Getting HT figures may get easier with competition, but the new norm is going to be $200 or more for a figure, no matter which company. Collectors like us are going to be paying higher prices in the end no matter what.

just like every market something gets "hot" and everyone wants in, then the bubble bursts... when people have too much and cant dump it even for retail because every potential buyer has too much stuff already on order, then they start cancelling PO's and everything gets watered down in value, it will happen just a matter of when. Some key pieces will maintain their value and continue to go up, others will be had for cheap

 

[Darkmatter]

Would you guys say trading a mk6 for a mk7 battle damaged is an even trade? I have the 6 but I really want the bd 7!

i wouldn't trade mine.