lou_fine

Well, from my own personal POV, the primary reason is the wrong venue as most collectors tend to go to the Big 3 when it comes to GA books. Heck, I've never really heard of this auction platform and as others have stated here, clearly NOT the best site to be working with:

Don't you miss the old days when we were all so much younger and thought that a million dollars was a fantasy world and one that we would never ever see and only dream of having one day? Now, we live in a real world where a million dollars wouldn't even get you anywere close to buying a house in most of the major cities in North America and yet also one where Jensen Huang has made countless new millionaires on paper at least with the Nvidia company which he founded and started back in 1993.

Were these Centaurs the ones from the Sunday portion of the auction or the ones from the Wednesday portion of the auction because Jon's books were all included as part of the Sunday portion while the Phil Cole portion with many of the Centaurs took place on Wednesday and Thursday? I tried to bid on a few of Jon's Centaurs on Sunday, but no luck as they went too high for me. The same for the Centaurs from the PACole Collection on Wednesday and two which I noticed in terms of their results were the following: https://www.comicconnect.com/item/1032631 Certainly not one of your high profile in-demand Centaur books, but I imagine a rare and HTF one with only 7 graded copies (i.e. 4 Universal and 3 Restored) with this lowest graded 3.0 Restored PLOD copy still being able to fetch $3,680. https://www.comicconnect.com/item/1032298 Love all of the early Amazing Mystery Funnies covers, but sadly discovered them far too late only after they had already gone up so much in price, with this AMF V2 #2 being one of the more in-demand covers with its beautiful colors. Clearly evident with this copy here fetching $7,015 which is most likely a record price for a copy in this CGC 4.5 condition grade level.

Haven't checked them all, but passed my laptop when this 'Tec 8 in CGC 1.8 came up and was totally shocked that this relatively lower grade copy went for so much more than the other pre-hero Detective books.

The only problem with looking at indicies is that it can oftentimes be a bit misleading, especially if you are not invested in the right stocks. Perfect case in point being the big runup in the stock markets on this current bull run which was dominated by the Magnificent 7 for 2023 and now trimmed back down to the Fab 4 for 2024, when in actual fact it's probably really all about the Great 1 right now.

That's the advantage of living right in America as it's clear you guys get much faster service than the Canuckleheads up North. Not sure about you, but I always get my copy shipped out from Malmo, Sweden and usually arrives about 2 weeks AFTER the end of the auction. Well, maybe it's because Rob not only does the scanning of the books, but also works the Mail Room to ship out their catalogs.

No it does not (unlike Heritage). The 15% BP will be added to the displayed winning bid. Like the example posted above, I think it should be pretty obvious that similar to the Heritage auctions, the bids DURING and prior to the end of the auctions are the hammer bids only and DO NOT include the 15% BP juice and 20% BP juice in the case of the Heritage lots. After the auctions are over, the winning bids for BOTH HA and CC do include the BP juice as you really cannot bid by anything less than whole dollars: All you need to do is to simply divide the posted winning bid of $1,726.15 by 1.15 to come up with the winning hammer bid of $1,501 for this copy of Funny Pages 7. Not sure why you would need to know the intermediate hammer bid though since it really doesn't mean much after the auction is over.

In your rush and excitement with your winning bid, I believe you made a typo in your post up above which I corrected for you.

If I remember correctly, I received a PM from fellow boardie, @sfcityduck, about 2 years ago since I had expressed interest in acquiring a set. I already acquired another set in the interim, but you should try to contact him to see if his set is still available and if he still wants to part with it.

Not sure how the economic climate can be anymore favorable when you've got unemployment at a decades low, inflation dropping back down, and all 3 of the major stock market indicies setting new record closes on an almost daily basis.

Well, a true comic book collector would want the best of both worlds and simply take some of their Nvidia off the table, pick up the Kansas City copy of Action 1 for their collection, and sit back and enjoy life. Of course, that's assuming you was astute enough to have picked up a few thousand shares prior to their last stock split at what many thought was already a high price back then.

Yes, agree with you that this copy went for a bit lower than I had expected since I thought it would have hammer in the low $30K's which would have brought it up into the mid-$30k's. Instead, it hammered at only a $27,100 plus the 15% BP juice which brought it in at $31,165 or just a tad higher than what a CGC 9.0 copy of the not quite as classic Frazetta Famous Funnies 212 managed to get last year. Maybe it's a sign of a slight cooling in the frenetic Frazetta frenzy that we had been experiencing the past couple of years, especially considering the number of copies coming into the marketplace during the past few years, albeit not in this type of condition.

Figured this would be an appropriate time to revive this thread considering I noticed last night that the current CC Event Auction has this book finishing up later today: https://www.comicconnect.com/item/1033309 Currently sitting at only $20K without the 15% BP juice and my bet is that it will have no problems surpassing $30K and possibly even approach, if not allso surpass $40K. Especially considering that it is tied with 2 others for the highest graded copy to date and the fact that this is acknowledged by many to be their favorite of the classic Frazetta Famous Funnies covers. Heck, even the less popular Famous Funnies 212 in CGC 9.0 was able to fetched $30K in a Heritage Auction last summer, so this much more in demand cover should have no problems rocketing even further up into the stratosphere by the time the final 3-minute extended bidding comes to an end.

Just looked at the offerings for today and wowza..................can't believe there's finally a copy of this extremely rare and HTF book that's hitting the auction block later today: https://www.comicconnect.com/item/1023684 Certainly not a book you see that often and one that came out a few months before Action 1 and features the first appearance of the Phantom. Looks like the last time Heritage had one was way back in 2010 when they sold the still CGC highest graded 7.5 copy for a mere for a mere $1,673 which was resold at CC for $4,800 a few years later in $4,800. Looks like the last copy sold was only a CGC 0.5 graded copy which still managed to fetched $580 in a CC Auction at the start of 2015. It will definitely be interesting to see where this CGC 4.5 graded copy finishes up at by the time it's all said and done.

Highly doubt that as they would have been in the Jon Berk portion of the auction which took place on Sunday if that was the case.

Just about to go in and take a look at the offerings for CC's Event Auction tomorrow and boy, talk about invisible comics, but is anybody here planning to bid on all of these lots with the Nicholas Cage comic book frames, as they are all going for around $1,400 with still another day to go: https://www.comicconnect.com/item/1032968

Was following some of the results for the first day of the CC Event Auction earlier today, and all I can say is that prices on GA books are still rocketing upwards as I was blown out of the water on anything that I was thinking of bidding on. Definitely a sign that the market is strong when so many restored books are going for multiples of unrestored condition guide value, with a perfect case in point being this trimmed and Moderately Restored PLOD that was still able to fetch well over 16X Universal unrestored condition value at a rather whopping, but probably not so surprising $9,685.30, especially considering its apparent rarity: https://www.comicconnect.com/item/732986

With respect to low census count books and big price jumps at the end, I was sure that I would be able to land my first Chesler book when I saw this dreadfully boring of a cover book going for only a couple of hundred dollars earlier in the day: https://www.comicconnect.com/item/732990 Sadly, not meant to be as some fool of a bidder ran the price all the way up to a stratospheric $8,200 by the time it was all said and done.

Well, if you like the "Larson" written on a Larson book, then did you also run up the bidding on this Whirlwind 2 here as it sold for $3,680: https://www.comicconnect.com/item/733104 Well, I guess we'll find out how true the Larson pedigree is for driving up the price later this week when we see how this equivalent 5th highest graded CGC 7.0 non-pedigree copy of Whirlwind 1 does in the Wednesday portion of CC's Event Auction here: https://www.comicconnect.com/item/1027202 Especially since I checked after the Whirlwind 2 $3,680 result and saw that the price point for this supposedly more higher valued and key copy of Whirlwind 1 with the origin and first appearance of Cyclone rocketed immediately all the way up to a whopping $310 from the already rather scintillating $82 penthouse suite that it had been basking in for the past week or so.

Well, that grade and price point of only $264.50 was from a Heritage auction result from way way back in December of 2002 which is like many many lifetimes ago in terms of how super red hot the GA comic book market is today. Clearly, the Larson pedigree would also be a factor here, along with the fact that these later Fox issues were not as highly sought after as they are in today's marketplace where long time collectors have clearly clued into the fact how truly rare they are. Interesting to note that this price point of $9,200 for this CGC 6.0 Larson copy is miles ahead of the CGC 9.6 highest graded by a long shot Church copy of Wonderworld 27 that Jon was able to fetch in his big auction back in the summer of 2017.

Yep, from the shockingly high prices being realized on most of these lots, it looks like the new marketing strategy going forward is to ensure you post your scans AFTER the live auction bidding has aready began, in order to drive up the anticipation and get the bidders into a mad frenzy. Not sure if it was Jon's friends that were bidding, but I guess the rest of the GA offerings over the next few days will give us a better idea if some of this bidding was done by collectors who just want to acquire a book from the Jon Berk Collection, especially since this will be the last of the bunch. Looks like you forgot to include this super rarity and a clear sign that the market for this book is super strong when a trimmed and Moderately Restored PLOD copy can still go for well over 16X unrestored condition guide value at a final price of $9,685.30: https://www.comicconnect.com/item/732986

Did you win this one here as it went for the bargain basement pittance of a price of just a tad over $12K including the 15% BP juice tossed in there for extra measure?

Still me, but being held hostage by those nasty boys over at CC/Metro and forced to post the lyng words which they gave to me. Seriously though, only about a hour to go before the live bidding and 3-minute extended bidding time periods kick in for today's auction and looks like the action and bids have really picked up on the comic book lots, especially for the late Jon Berk copies at least.

Yes, this was also noted by @MasterChief in his original post on the ASM 252 thread which raised questions of how and possibly why this "anomaly" could occur on two such high profile high dollar value books (i.e. the Kansas City copy of Action 1 and Church copy of Superman 1) and yet does not seem to occur with other books?

Most definitely, but the problem with these things is that you never really can tell when the ride is at the top and coming to an end. Especially since a lot of investors had cashed out back in 2016 at the pre-split price of $50 when it had more than doubled in just a year. Litte did they know that it would continue to move up in a volatile fashion until it hit the $900 price point (i.e. pre-split price of $3,600) during the past couple of weeks. So, if you are a lucky holder of Nvidia shares today which I sadly am not, would you sell before the AI bubble bursts or do you stay the course because you buy the story that it's still only the early innings in the AI revolution that's going to be a game changer for all of us. I still remember reading a financial article back in January in which they speculated that the value of Nvidia might possibly pass Apple by 2030. I guess 2030 is a lot closer than we thought because the market cap of Nvidia vaulted pass both Google and Amazon last month and has moved ahead of Saudi Aramco this month to become the #3 most valuable company in the world behind both Apple and Microsoft. Definitely seems pretty frothy and like a bubble that's about to burst, especially since it's now right on the heels and just a short hop away from Apple. Then again, it just might not be a bubble and actually a buying opportunity even at this seemingly nosebleed price of close to $900 since its forward earnings with its forecasted growth rate actually still gives it a lower valuation than some of the other Magnificent 7 companies and also a lower valuation than your average Nasdaq 100 company. I guess the talk of another possible stock split and the speculative possibility of it being added into the Dow 30 also doesn't hurt. Or is it just another one of these short-lived hot tech stocks or the recent pandemic driven stocks and a possible flash in the pan, especially given the cyclical nature of the industry it's in? Nevertheless, all I can say is that I just wish I still owned some shares of this company here. Bottom-line: You really don't have to be a rich billionaire in order to afford this Kansas copy of Action 1 because I bet there's a lot of regular joes (like you hopefully, but not me unfortunately ) out there holding Nvidia shares that on paper at least would have no problem picking up this book here if they really wanted to, especially since Nvidia has always been one of the hot popular stocks to own or to trade for as long as I can remember.