lou_fine

Or just as easily back down to $35K or less if all of those fly-by-night sports cards traders, Gamestoppers, crypto investors, etc. have lost interest and already moved onto their newest toys for boys to chase after. After all, for a long time comic book collector, any bets that virtually all of them would be willing to sell their GSXM 1 for $75K+, while virtually not a single one of them woud be willing to fork over $75K+ to obtain a copy of the book.

I didn't know you could snipe on Comiclink In 100% agreement with the first poster here in terms of his analysis as to what has taken place. I am quite sure that you can use an auction sniping program on CL because the overwhelming majority of their record prices that they get are from 2 Hail Mary bids with usually 5 to 7 seconds left in an auction. Since these 2 bids are usually well above any other previous bids with scant seconds left in an auction, it's probably just 2 bidders out there thinking that there won't be another fool out there who will bid this kind of number, and yet there usually is somebody else also thinking the exact same thing.

Price guides seems to matter less these days as prices escalate almost daily it seems...Gpa is the standard...tread carefully Well, pretty hard to be the standard when your site doesn't include any of the CL Auction results since they appear to be setting quite a few records with some of their individual auction results.

Hell, even if it is across town. You mean it's that bad in Alberta that you can't even hop into your car and just go for a drive in order to get out of the house? I guess we've actually had it pretty lucky here in B.C. whereby they've been able to avoid a ture and complete lockdown during this entire pandemic time period, although I guess I shouldn't speak too soon since our province just set a new daily record of 908 cases yesterday. No doubt, due in part to the spread of the new variants that seems to be establishing a beachfront everywhere.

You can certainly say that again!!! Definitely starting to get the itch again since it's now been pretty much 18 long months since I've been on a plane or cruise ship. If this had been a few years prior, I certainly wouldn't have had any problems applyng for my travel visa to China. I remember when I applied the other year and they asked you to list all of the countries you had been to in the previous 5 years (as opposed to the past when it was only 1 year), and the system wouldn't take anymore after I must have hit their 25-country limit and I was only in Year 3 by then. I remembered the China Visa officer definitely had some questions when my passport had nowhere near that number of stamps on it, but then he went ahead and approved my visa application anyways. Too bad it looks like it won't be until next year in 2022 until it's safe for international travel again. Just can't wait to grab my pocket pokefi, charge it up, and hit the road again, as this little baby will ensure that you don't get lost in any part of the world that you are travelling in, pretty much no matter where you are.

I would like to see the data that points to GSXM 1 being a 70K book. Well, I believe this $70K price point is all based entirely on just that one CL auction result for $67,900 from a few days ago. As you have correctly indicated, we will certainly need to see more sales results in this price range before we can say whether this $70K price point is the new base for this book in CGC 9.8 or whether that last CL auction result was just an outlier. I guess the upcoming auction for a copy of this GSXM 1 in CGC 9.8 in the current CC Event Auction will go a long way in determining this as it will add another valuable data point to the chart.

Sadly, this is definitely the case in most of the so-called advanced and developed countries of the world. And yet, some of our astute friends in the neighborhood have gone back to China and Taiwan where the enforced lockdown only lasted a few months and everything's been pretty much back to normal since last summer. No way do they intend to come back here for now since they are pretty much free to go wherever they want and do whatever they want. Heck, take a look at a country likeTaiwan with its tens of millions of citizens and yet they have had had only 1,020 cases in total with only 10 deaths since this whole thing started over a whole year ago, as compared to what has taken place over here.

Yeah...... it's making me nervous. Like the rug is going to be pulled out from under us any day now. Are you referring to all of those investors who just put new money into the high tech portion of the stock market at the beginning of this year adfter seeing the fantastic returns they managed to fetched last year, and now the market is cycling over to the try and true?

That's because Drummy is talking from his personal experience as a long time comic book collector who knows what a Marvel book is and also all about Marvel chipping. The newbies who have recently moved into this marketplace like the deep pocketed sports card traders and crypto investors know pretty much zippo about comic books except for the first appearance of a recognizable character and that big big number on the top left hand corner of the slab, and probably not much else about the actual comic book.

Well, since we are speaking about comic records here, does anybody boardie here have those Golden Record Comics Sets that came out even earlier around the mid 60's or thereabout? If I remember correctly, there were at least 4 of them that came out at the time with a reprint for the comic along with record as a complete set. I believe they had them for Spidey 1, FF 1, Avengers 4, and JIM 83. If so, any idea what these would be going for in terms of today's marketplace?

Have to disagree, I remember when the 1st Deadpool was announced ( Ryan did the mini promo). CGC 9.8 WP jumped over night from $300/400 to $800/1000+ With high grade raw's selling for as low as $50/100 in my shop one week to $300 the next. After the movie & the hype as expected it dropped, but not back down to pre movie levels but to around last years pre Covid norm of about $750/800. This tends to be the trend, look at the IM 55's sales history and numerous other books that jumped due to "movie hype" Yes there is pre movie high but in most cases the books settle at a significant higher price then their pre movie hype number. Yes, you are definitely 100% correct here, as I really should have qualified my broader statement that although we definitely do see a significant drop back in prices from the peak movie hype levels, they do drop back, but never back down to their initial starting point before the initial movie hype. So, this kind of robust market for movie related hype books usually works out better for speculators and flippers who enjoys timing the market and can get out in time, as opposed to collectors who enjoys spending time in the market.

You are definitely 110% right with respect to the full bright white cover aspect when it comes to this Giant-Size X-Men 1 book. I still remembered buying my copy back in the day and since they were asking an outrageous $2 or what amounted to a crazy 4X cover price for the book, I sure as heck took my time and made sure that I got the brightest and whitest copy possible. It was an absolutely gorgeous copy for a perfect squarebound book and I thought for sure that since it was the first appearance of the New X-men, that one day the marketplace would end up placing more value on it than X-Men 94 which had a higher price point on it for several years back then. Sad to say, but the only mistake I made was to stored all of those books which I had purchased at that time over in my sister's place for safekeeping since she had a huge unused basement. Years later, when I went back to check on some of the boxes, I discovered that not only was the GS X-Men 1 missing, but also one of my X-Men 94 books which I had purchased even earlier. Figured that my nephew probably took them and sold them to pursue his action figure collecting which he was really into back then and these 2 books had some value by then. Didn't really bothered me too much at the time, because if I really wanted to replace the book, I could have for several hundred dollars, but there was no way in heck that I was going to spend that kind of money on a common BA book that was also apparently part of some huge warehouse find. It's always kind of bothered me that my New X-Men run up to 150 is now missing that key first appearance, but not enough that it ever really crossed my mind even when it was worth only a few thousand dollars. Now that it seems to be worth deep into the 5-figures, I am definitely wishing that book was still in my personal collection as that hole now seems to be much larger than before, but like they say, "It Is What It Is" and life goes on.

Movies driving up book prices makes sense. Yes, but does it really make that much sense when history has shown us time and time again that these movie amd media related hype books that are driven up into the stratosphere for a short period of time in almost every single case falls back down to Earth by the time the movie comes out.

That's assuming these new very deep pocketed sports cards and crypto investors moving into the comic book marketplace even want to learn anything at all about the comic book marketplace beyond the first appearance of a character which they can recognize and the CGC highest graded copy of that particular book. I very much highly doubt it as they'll probably have lost interest and have already moved onto the next hot investment long before they find out what why books like Cap 3, 'Tec 31, Fantastic 3, and God forbid even Centaurs are worth pursuing, let alone actually putting in a bid for one of them.

No worries here for you as long as this same price spread differential continues right through to the end of the auction. In fact, if it does they might even co-opt your post here and post it right on their Home Page for all prospective customers to see. In addition, they might even send it out in their next newsletter to all of their email subscribers. I still remember when CGC first opened their doors and they were constantly running ads with side-by-side pictures of raw books and slabbed books showing how CGC graded books would sell for huge multiples to equivalent graded raw books. You never know, they just might do updated versions of these same ads with side-by side comparisons, but not to raw graded books this time. Now, if the price differential was showing the reverse way, no doubt this naughty post of yours would have been wiped right off the boards before anybody could even glimspe it and you would have been banished to the CGC sin bin with the keys possibly thrown away.

This is actually an excellent analogy and very apt to what is taking place in the comic book marketplace right now and most likely going forward. All you need do is take a look at the current CC Event Auction which has now been running for close to a week and take a look at the GS X-Men 1 which @drbanner had mentioned in his earlier post up above. Even though there's over 10,000 copies slabbed to date already and over 200 copies graded in CGC 9.8, the copy that is listed in the CC Auction is already sitting at $33,500 and possibly on its way into the $60K range or above. And yet at the same time, you've got Single Highest Graded copies of Dell File copies from the late 30's or very early 40's with only a handful total or less in the CGC census to date still sitting at single dollar digits or still even awaiting their first bid. I guess like Cobb and Ruth, even former well remembered characters like Flash Gordon gets thrown into the trash heap as time goes on. Even then, still find it rather strange though that a Transformers 1 with almost 3,300 copies slabbed to date will still command $44K, while this gorgeous looking Single Highest Graded copy of Flash Gordon with a whopping total of only 11 copies slabbed to date is going to need some crypto investor to dig real extra deep into their pockets if they want to win it as it's sitting at the grand total of a big big $6 after almost a whole week of bidding: https://www.comicconnect.com/item/820399 I guess it must be the 2020 updated re-released version of the classic Flash Gordon movie that must be driving the prices so high, or was that the Flesh Gordon movie?

So, you think we are going to see a repeat of what took place way back in '94 and '95 when GA books took a huge leap upwards to do a bit of catching up with the meteoric rise that took place in the SA books in the early 90's?

How do you figure that? The buyer is paying an additional 15% on top of probably overpaying for a book to begin with. I would rather throw that 15% extra on top of my bids to secure the book. The commission fee is the cost the seller pays the auction house to get maximum exposure to sell their books. Why should I pay that? As @tth2 is always here to remind us, any sane or rational personal who has passed Grade 5 arithmetic will automatically factor the additional BP into their cost to acquire the book when it comes to placing their bids. The reason why it's coming out of the seller's pocket is this BP (unless negotiated away) along with the Seller's Premium are both kept by the auction house and does not go to the consignor. Any monies on a book that does not go into the pockets of the consignor means that he in fact is really is paying for that amount.

How do you figure that? The buyer is paying an additional 15% on top of probably overpaying for a book to begin with. I would rather throw that 15% extra on top of my bids to secure the book. The commission fee is the cost the seller pays the auction house to get maximum exposure to sell their books. Why should I pay that? As @tth2 is always here to remind us, any sane or rational personal who has passed Grade 5 arithmetic will automatically factor the additional BP into their cost to acquire the book when it comes to placing their bids. The reason why it's coming out of the seller's pocket is this BP (unless negotiated away) along with the Seller's Premium are both kept by the auction house and does not go to the consignor. Any monies on a book that does not go into the pockets of the consignor means that he in fact is really is paying for that amount.

Just think, if you also expand this to not participating or even watching any more of the CL and HA auctions, just imagine all of the money you can save from not having to buy as much Depends which you can now reallocate into your budget for buying more comic books.

This is the way Especially since we were alrerady saying the $40,500 for the CL copy last month was already rather looney bin, what can we then say about this copy here for $67,900: https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3Fwhere%3Dsell%26title%3Dgiant%20size%20x-men%201%26ItemType%3DCB%26CGC%3D%23Item_1468605&id=1468605&itemType=0 For $67,900 all I can say is what the heck is going on with that bottom left spine portion (i.e. Marvel Comics Group) or is that just a fugly crushed staple indentation there?

In today's red hot marketplace with books seemingly turning over at super high speed, I am leaning towards this rarity factor and limited supply as actually being a big negative and a huge drag on the GA books. With today's CGC generation of collectors and crypto investors, their collecting life span for a book might possibly be measure only in months or even weeks as opposed to years or decades for the old time collectors like us. They probably don't have much interest in chasing after a book that shows up in the marketplace only once every several years, as opposed to a readily available newer book that shows up in the marketplace multiple times in every single auction. It's almost like an addict who needs to get their rush on a steady and regular basis. Perfect case in point being Giant Size X-Men 1 which is definitely not rare and not suffering from a limited supply as they had a total of 11 copies in the CL auction the other day ranging from almost $3K for a lowly CGC graded copy right up to this CGC 9.8 graded copy here: https://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FSEARCH.ASP%3Fwhere%3Dsell%26title%3Dgiant%20size%20x-men%201%26ItemType%3DCB%26CGC%3D%23Item_1468605&id=1468605&itemType=0 Heck, even though we were all saying that the $40,500 paid on CL just last month a CGC 9.8 graded copy of this book was looking rather insane, what do we say now when this copy here (is that a fugly crushed staple spine indentation on the bottom left here ) sells for a mind blowing $67,900 a few short weeks later. , the money that is!!!

So Bob Overstreet was the Eric Clapton of comic collecting. So you are saying the inner workings of the comic book collecting world has the same dynamics as the sex, drugs, and rock & roll of the music world. So much hanky panky sharing of love going around, especially since it was the so-called love generation at the time. I assume you must be referring to the beautiful Boyd sisters here with Eric Clapton going out with younger sister Paula at the start even though he had eyes only for older sister Patti. I guess even through all of the infidelities on everybody's part, Patti was the love of George's life and he write the classic song "Something" for her while Eric Clapton wrote the song "Layla" for her. Not to be left out, middle sister Jenny who got married to Mick Fleetwood had this beautiful song written about her by Donovan (love from afar in this case, I guess) even though some thought it was about Sue Lyon (from Lolita movie fame) who he was or had been going out with at the time:

Well, since the 15% BP is only for books from the Kentucky Collection which are scheduled for Day 4 and Day 5 of their Event Auction, you can simply and easily avoid it by focusing only on the lots during the first 3 days of the auction.

Definitely a classic cover from my own personal point of view and where was you able to snag this little beauty from last week?