Tales of a Thrifty Nerd: How to build a sweet collection without starving your family to death

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By Nick Saunders
7/17/13

I had an interesting conversation with my wife yesterday evening after leaving the local comic book store. I was explaining why I liked the Monogram Direct superhero bust banks they were selling so much; they are well-sculpted and (usually) well-painted, and cost about $10-15 each. A similar-sized polystone bust from Diamond Select or Bowen Designs would cost at least $80. Considering I don’t foresee myself leaving the world of grossly underpaid middle management any time soon, I’m going to go with the one that doesn’t force my family to rely on ramen and styrofoam peanuts for sustenance. My wife replied, “that’s why I like you- you find ways to have cool looking stuff without spending tons of money on it.”

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That inspired me to write this article about how to build an envy-inducing empire of swag without incurring your own personal microcosm of the U.S. national debt.

1. Avoid MISB/MIB Figures

When collecting vintage action figures, collecting MISB (Mint in Sealed Box) toys will break your pockets quickly. For a vintage Generation 1 Transformer, this is the difference between spending $50 for loose and $500 for MISB.

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Even for contemporary figures, this will save you money in cases where you have to resort to eBay for an item you can’t find locally. For Marvel Legends or DC Universe Classics, many sellers exclusively sell loose figures. Typically you will pay half the price, and the shipping will be cheaper as the seller can ship in a much smaller box.

Also, check out your local comic shop for loose figures; people often trade their collections in to be re-sold. This is especially useful when collecting vintage. Some great places to look in Phoenix are GI Joe vs. Transformers and Pop Culture Paradise. If you are at a reputable store, you will typically avoid the exhorbitant prices of eBay vintage sellers, be able to examine the item in person, and possibly have room to negotiate the price.

2. Collect Incomplete Figures

Does it really matter if your G1 Optimus Prime comes with the hose and gas nozzle? Will people who view your collection (besides the uber-elitist collectors that this article is clearly not directed at) really think less of it? The answer is a resounding NO. You will save an immense amount of money if you are willing to settle for a figure that might be missing a thing or two. Sometimes one missing accessory can bring the price of an toy down immensely. You can get a c8-c9 condition G1 Targetmaster without the transformable gun for less than a third of what you will pay for it being complete, and you still have the gorgeous figure itself to display on your shelf. 

Heck I just picked up a slightly-yellowed loose G1 Slugslinger this past weekend at GI Joe vs. Transformers for a cool $15. The one in the case with less wear and the Targetmaster gun was about $90 (still a good price but not in my budget anymore). If needed he can always borrow an extra gat from one of his homies if things get a little too real with the Autobots up on my toy shelf.
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3. Don’t Be Afraid to do Some Reconditioning

Personally, I have never been into collecting as if it was an investment. I want a collection that looks impressive and gives me enjoyment, but resale value is the least of my concerns. One way I have saved a great deal of money is by buying vintage items that need a little bit of TLC to get them back to presentable condition. For Transformers, eBay is littered with auctions of dirt-cheap loose G1 figures that have moderate cosmetic wear that is easily remedied. While not always the case, usually a thorough cleaning, replacement of some rusty screws, and some freshly applied Reprolabels (amazing reproductions of original G1 Transformer sticker sheets) gives you a toy that looks almost new.

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Of course, the older the Transformer is, the more loose accessories are missing, so don’t go buying that gnarly looking G1 Starscream fuselage with zero accessories and the nosecone chewed off and think you will make it look any more appealing than the polished turd that it is.

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The above methods (sans the Reprolabels of course) also can be applied to loose moderately worn MOTU (He-Man) figures, Thundercats, etc. Especially if you are not afraid to break out some model paint and do some touch-ups, you can bring that beat up old Skeletor back to life to wreak havoc on the peace-loving citizens of Eternia.

4. Re-issue is NOT a Dirty Word

In the early 2000’s, toy companies began to re-release vintage figures from the 1980’s. Mattel re-released several MOTU figures during this time, and Hasbro and Takara began re-releasing the original Generation 1 Transformers as well. They had uncovered the original molds from the 1980’s and put them back into production. All but the most discriminating collectors jumped at the chance to buy their favorite Autobot or Decepticon for half of what the original 1980’s editions were going for online. Not only were they brand new and completely immaculate, they came with all of their accessories and a fresh label sheet to apply to the toy. Call me weird, but one of my favorite things to do as a kid was to apply the labels to a new Transformer. Even on the secondary market, you will be able to purchase a re-issue version of a vintage toy for less than the original run. However, coversely you must be wary of vendors and eBay sellers marketing re-issue items as originals, as the differences are often only noticable to an expert eye.
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At the end of the day if you follow these tips, while you may not bankroll your future child’s college fund with the purchases you have made, what you will have is an awesome and unique collection to display proudly. And money for toilet paper.

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5 thoughts on “Tales of a Thrifty Nerd: How to build a sweet collection without starving your family to death

  1. ohmic12

    Great post man I came across the same thing when buying TF’s to customize, alot cheaper to buy the 2nd hand ones with scratches or discoloring on them rather then buy new in box

    Reply
    1. figureBOMB Post author

      Yeah, it is pretty amazing what a good cleaning and some fresh labels can do for what some folks would call “junkers”. Glad to find another collector out there who isn’t afraid to do some refurbishing!

      Reply
      1. ohmic12

        Yeah i look at the price of a mint figure and think that would be nice but cant go ahead paying that much for it
        Just starting to learn how to paint TF’s which should be interesting

      2. figureBOMB Post author

        That’s cool that you are getting into painting, it is very tough at first but with practice is fun and rewarding. Transformers are especially hard because of all the moving parts. If you do a full repaint make sure you prep the figure well by disassembling and lightly sanding around the joints so the paint doesn’t chip off. Good luck!

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