lou_fine

No, I believe your math is not correct here since according to Gator in his post below, the 15% BP goes to the consignor with CC now getting to kepp the 10% SP, but only applied against the so-called "hammer" amount. In effect, this means that CC will end up with only 8.7% of the final total and the consignor receives 91.3% of the final total, as compared to the traditional 90%/10% spilt which was the standard in the past. At least, that's my rading from what Gator posted here back on Page 117: So, I guess CC might have to redo some of their ads to show that although most of their auctions will continue to have NO BP attached to the winning bids, those auctions with BP will now have NO SP attached to them anymore.

I imagine the consignor probably wants to see how the CGC 7.5 graded copy does in an open piblic auction and then determine if they should then adjust their price upwards or not.

If I remember correctly, I believe they also had this same BP auction arrangement with the consignor for their Quick Draw Western Collection auction back a couple of months ago. That was the first time that I saw it and probably where they got the idea from, as it apparently provides the consignor with a miniscule fractional percentage more to his take. Definitely goes against their long time hyped mantra of NO BP on their auctions which you see on all of their ads. I guess they could have gone with a slightly lower SP commission fee, but then again, that's definitely a slippery slope that they probably didn't want to start to go on.

its a surcharge. if i bid $1,000, i will actually have to pay $1,150. so it does affect the price. Ummmm..........................if you bid $1,000 on a particular book in one of these clearly marked lots from this Kentucky Collection, wouldn't you know right away that you are really bidding $1,150 like any other sane rational person would? It's just like bidding on Heritage, if I bid $1,000 on a particular book, I know right away in my mind that I am really bidding $1,200 for the item in question. If you don't know this, you definitely shouldn't be bidding as you really have nobody else to blame except yourself in this case here.

From the layout of the auction pages which I saw, it looks pretty evvident that the books from this so-called Kentucky Collection with the 15% BP is right up at the front end of the upcoming Event Auction and would probably take up the first 2 days, with the rest of the books and everything else to come up on the following days after that. I don't believe there's going to be any possible way that you would end up confusing the auction lots with the BP from the ones with no BP added on top, unless your level of inteliigence is still down at the Grade 3 primary school level.

Talking about nerds and computer nerds in particular, didn't Bill Gates go out with girls in his younger days and couldn't figure out why girls kept saying "micro" and "soft", but then thought it would be a good name for his new company since it must be the "in" thing with girls back then.

Those are for nerds! Isn't that what they used to say about guys who collect comic books, or was it something even worse than that?

Gee, and I thought it would have been a comic book with a story about poor old Adolph and Eva in there:

My nephew wants to know when will the fire start on unopened action figures since he's apparently been collecting them for decades?

Just took a quick glance at the upcoming CC Event Auction and was wondering if anybody here would have the scoop on this so-called Kentucky Collection? Especially since it seems to have taken up half of the current listings to date with first 56 pages dedicated to this collection. Seems to be primarily runs of mainstream comic titles in terms of GA DC's, SA Marvels, Fiction House jungle related titles, etc. and unfortunately, not so much the classic GA covers which seems to be the hottest part of the GA marketplace right now.

WTF................I go away for a few days and my nice warm comfortable blanket is now gone. Now, I feel half naked with all of this blankness and empty space taking over the boards here. Maybe we should all get together and petition the powers that be to put back our nice warm comfortable blanket, but make sure that it's on all four sides of our posts to keep us nice and snug and safe in there.

So, I assume the seller is now more willing to sell it and toss the dice to see what it will truly go for, or is there a Reserve price set on this book here?

Ummm...............nothing to see here as isn't this what happens to 99% of the movie or TV related over hyped books after they hit either the big or small screens?

Whoa , this part I did not know ; that the seller is paying an additional "Seller's Premium" as well . That is just insane to me . Surprised you were not aware of this as all auction houses charges the consignor a Seller's Premium. The good thing is that depending upon the quality and quanitity (i.e. total estimated dollar value, I would assume) of your consignment, this fee can apparently be given or negotiated down much closer to the 10% fee that is charged by both CC and CL.

From reading this article, it would seem that he's probably got a lot of books heading Heritage's way with a total of 40,000 books in his collection: When I did a quick internet search and discovered Heritage Auctions as their website seemed most interesting to me. I have a 40k comic book collection and Heritage is going to help me with that problem. Heritage Auctions has helped me every step of the way and I am truly thankful. It was Heritage’s idea to get my father’s books CGC graded to include Batman #1 and I fully obliged. If you ask me, I certainly don't feel sorry for him at all, as this is the exact kind of problem that I wouldn't mind having. Besides the Bat 1 which sold for $2.22M, it looks like his collection is certainly nothing to sneeze at: I’ve a Spiderman 1-200 collection that I cherish. I used to have two copies of Amazing Fantasy #15 but gave one to my father years ago to help him with his business. My father was more into the business. A couple more memorable sales that come to mind from my father’s collection was Avengers #57 CGC 9.8 (1st Appearance of Silver Age Vision) sold for $26,400, Captain America Comics #1 CGC 7.0 (1st Appearance of Captain America and Bucky) sold for $186k and Superman #1 (Premiere issue of solo Superman title) sold for $144k. I can’t read all the books I got!

Not sure why there's any confusion here at all, as this has already been explained many times here before. With Heritage, there is no surprise buyer's premium added in at the end as all bidders should be well aware of the 20% BP and should have built this into their bid already. If they haven't, it's really their own fault as Heritage clearly shows you what you will end up paying inclusive of this 20% BP if you hit the Bid button. By the way, it's really the consignor who ends up paying both ends of the fees if we assume no special deals negotiated which is usally not the case by the way.. A simple example is that if a book hammers for $1,000 this means the buyer will end up paying $1,200 (i.e. $1,000 plus 20% BP) which is the final price and also the one that shows up in GPA and GoCollect. Nobody sees the $1,000 hammer price except while the auction is going on and is really an irrelevant number except for calculating the auction fees. The Seller's Premiums is usually 15% unless negotiated away or down depending upon the quality of your consignment. This means the consignor will receive only $850 after deducting for the Seller's Premium (i.e. $1,000 less 15% BP). Bottom line is that the consignor will end up receiving only $850 out of the $1,200 final sale or FMV as it is the SELLER who ends up paying for both the BP and the SP because this is the sum of the monies that he will not be seeing out of the sale.

right.. I got my marketing fables wrong. Adams used the cedar chest story, right? and someone else went with the attic. Plus the proverbial stashed inside a wall tale! Not sure why they would run with only one when they could cover all bases by going with all three of them. My story would be found stored in a cedar chest inside the wall of an attic room. That way, it'll be sure to get more money as it's going to surely pull at the heart strings of a much wider sentimental audience.

From the facial features, looks more like a man wearing a long blonde hairpiece dressed up in woman's clothing.

Maybe. A lot of people think he will be big in the Marvel Universe and it seems like Disney is really going to play him up. Will it hold its value? I think it will. After seeing this stratosprheric $14,400 auction result, you think that a hundred or more equivalent CGC 9.8 graded copies of this MA Spidey book being tossed into the marketplace is only going to push the prices up even further. If that's the case, then I assume if there were 100 copies of Batman 1 slabbed in CGC 9.4, the price of this Batman 1 would have gone for even a lot more than the $2.22M price point it fetched.

not neccessarily. heritage is allowed by texas law to shill bid its own stuff. final hammer only required one person to bid that amount. Not necessarily as sometimes it might take none if the right hand does not know what the left hand is doing. You never know, they might have made a mistake and unknowingly told 2 different employees to shill the book and they both ended up bidding like mad since they didn't want to disappoint their respective bosses. I am sure this must have been what happen here as this apparently 1 out of 138 equivalent graded copy managed to fetch a measly $14,400 in today's Heritage Auction: https://comics.ha.com/itm/modern-age-1980-present-/superhero/ultimate-fallout-4-variant-edition-marvel-2011-cgc-nm-mt-98-white-pages/a/7239-96205.s?type=bidnotice-tracked-dailystatus

Well, obviously still not as much as Recil Macon when there were apparently sometimes more than a dozen of his signatures throughout some of his GA books.

It's clearly worth over $14K. Didn't you see that it's 9 years old and there are only 137 copies in 9.8? Yes, what's wrong with all of you old fogies on the GA boards here who don't seem to understand what true rarity is nowadays. After all, there's only a meagre 157 copies (including Signature copies) in this equivalent CGC 9.8 graded condition to date so far, plus only another 228 in CGC 9.6 condition lining up in front of the pressing machine. It's not like there were a thousand already slabbed copies in this grade which might possibly take it out of the Rare bucket at that point.

Not as crazy as this OA strip which just sold for something like $3.8M and I am sure HA wish they had it in their auction: https://news.artnet.com/market/tintin-drawing-sets-comic-art-auction-record-1937240

Well, that's probably because you have to ignore that number at the top left hand corner of the slab here: Looks like CGC simply took the lazy and easy way out here by simply slapping a 0.5 incomplete grade to this book because it's missing the back cover. From the front cover and assigned PQ, this book would certainly present a lot nicer than your standard CGC 0.5 Poor graded book and should have really been slabbed with a Green Qualified with a proper grade in order to present potential bidders with a more informative condition grade.

+1 Yes, what's the big deal with Batman and Catman anyways as they tend to show up in almost every single auction nowadays, especially the former. The real and only man to pay attention to in this hobby is Fatman, the Human Flying Saucer. Especially since I have a File Copy set of this whole run and it should deservely go for 100X top of guide when I go to sell it in this red hot marketplace: