lou_fine

Your assertion: "...the value of collectibles arent affected by the downturn in a market the same way stocks are..." And yet during this pandemic and current high unemployment situation, the stock markets are back within 10% or in the case of the Nasdaq, only a few percentage points away from their all-time highs once again.

Not sure what kind of arithmetic or math you are using here if you are referring to a hammer price of $34K and then a final price of $58K? Especially since the Heritage BP is only 20% which would bring it up to $40,800 which would then require taxes of 42% to bring it up to your $58K final total.

Guess I should have stay at home today instead of going out as I arrived at home too late to bid on the pre-hero More Fun's which I had forgotten all about. Looks like this rare and HTF copy went for pretty much of a steal at only $1,802 or about $1K under condition guide: Love the strong red colors on this copy here and extremely rare with only 4 Universal unrestored copies graded to date, with this Lost Valley pedigree copy the highest graded by a long shot if you exclude the Conserved 7.5 copy. Doubt it will be beaten anytime soon since there is no Larson copy and the Church copy of this book was graded as only a Fair copy by Chuch since it is apparently missing the first page. Looks like the winner of this copy here managed to get themselves a relative steal of a deal, although these pre-hero DC books do seem to have sadly fallen out of favor from collectors over the decades, as clearly evident by the downward trend in prices. Especially since this Lost Valley copy sold at auction on Heritage for $2,645 way back in 2005 before reselling for $2,390 in 2010. So, maybe not that much of a steal of a deal after all based upon the way these books have been trending over the past 30 or so years.

Anybody else here except for me here surprised by the rather strong extended bidding which took place on this pre-hero DC book: This copy here actually sold for $2,350 or virtually double condition guide which is definitely rather surprising , especially considering that the other higher graded copies of pre-hero More Fun's and New Comics which they had in this same auction here were only able to sell for a lower price point than this book and only at huge discounts to condition guide. Even more surprising since this exact same Nicholas Cage copy was only able to fetch $603 or just a bit more than half of condition guide when it sold on Heritage way back in 2002.

Well, looks like this copy here still finished up pretty strongly at $16,866 considering that it is only a CGC 4.5 graded copy as compared to the CGC 5.5 graded copy that sold for $24K near the end of last year. Especially when you compared it to the much higher graded CGC 6.0 copy that managed to fetch only $13,966 just over a year ago in one of the CC Event Auctions back then. Looks like confirmation of a continuing upward trend in prices over the mid to longer term along with a consolidation of strong prices over the short term for this L.B. Cole book.

To give credit where it's due, the sold items have now reappeared on my watched list. Thank you CC. That still means you have to put everything onto your Watch List if you want to keep track of the various auction results. It would be a whole lot simpler if they just kept all of the individual links up for each one of their auctions by day like what they had before in the past. Hopefully, they are still monitoring this thread here and listen to this request by responding accordingly.

Any guesses as to where this currently red hot book will finished up at, since it is already sitting at $11,200 with another almost 5 hours to go: My guess is that it'll finished up at a very string price with some extended bidding thrown in there for good measure, but still nowhere close to the outlier of a price of $24K that the CGC 5.5 graded copy was able to fetch in a Heritage Auction near the end of last year before the severe economic downdraft of this whole Coronavirus situation. And to think that copies like these were selling for only a grand or two (and even less in some cases) only a few short years ago.

While checking out another book which I have now forgotten since past auction results are now gone , I initially thought this book had gone for a pretty strong price: Especially since it had sold for $6,350 or at a price point of almost 5X condition guide. Then in trying to figure out why this mid-grade book had sold at such high multiples, moticed that this exact same copy had just sold through Heritage during one of their Sunday Auctions in the Fall of last year for $8,100 or at a price point of over 6X condition guide. Being a longer term collector, I always have a hard time trying to figure out why a buyer would pay astronomical prices for a book and then attempt to flip it back out a few short months later and not expect to lose some money on it. Either they have deep deep pockets or maybe they just noticed that Heritage will be having a far superior looking CGC 8.0 graded copy of this book available in their next auction, and the consignor is simply cashing out based upon their determination and expectation to win the higher graded copy coming out.

Well, if you are talking about the 1946 to 1948 time period, then how about a book like this one here: A classic Baker cover book which has clearly moved up big time in the price charts over the past few years, as evident by this nicely presenting mid-grade copy here which managed to fetch the astounding sum of $13,200 in one of the CC Event Auctions back in 2018.

Well, definitely a collector with a FINE sense of taste as this is indeed one of his better and more classic covers from my own point of view.

Definitely not weird and crazy as it's simply a sign that books such as Hulk 181 and AAM 129 are becoming true vintage collectible comic books which has value for all grades across the entire condition spectrum. In sharp contrast to most recent and readily available books which sells for record nosebleed prices in CGC 9.8 graded condition, but yet have no rreal value for anything in CGC 9.4 or lower. Definitely not a true vintage collectible comic book here as these are what I call CGC label collectors paying for the label since the underlying book itself doesn't have any real true value. If you take a look at some of the expensive GA near keys like 'Tec 31 which can sell for $40K+ in CGC 1.0 fraded condition or Action 13 which can sell for $15K in CGC 0.5 graded condition, collectors are more than willing to pay for these entry level copies because they are still affordable, whereas the higher graded copies have already gone way beyond their price range to be able to obtain a copy.

Most definitely the case here as there were some books that went for substantially lower prices than what they had been going for in recent auctions. Then again like usual in all auctions, there were some books that still continued to fetch some rather surprsingly high prices. The absolute worst thing here is that I can't see the auction results for the lots that have closed. They definitely need to fix this, especially since CL at least leaves their results until the end of the auction time period.

Hey Peter; I thought somebody with your kind of influence here with the boys at Metro and CC could simoly give them a call or send them an email and all of this would have been fixed for us by now?

Too far Too far what................gone?

$38,123 for the tec38. Went long into extended bidding. What was the grading on this slightly restored copy of 'Tec 38 here?

I jinxed myself I was waiting to snipe it and my phone froze🤬 Wow, that's really unfortunate and must have been totally frustrating on part here. Well okay, probably also on both the part of the consignor and CC at the same time. I actually thought this particular copy here looked a whole lot better here with the original pencilled-in writing still intact on the cover here: Not sure if this attempted and rather obvious bad job of trying to erase the pencilled marking was one of the culprits in this copy dropping all the way down from the $17,705 price point which it managed to fetched in a CC Event Auction from just over a year ago back in December of 2018. The other question which I have is how did this book managed to get back into a slab with the same serial number since I thought that was normally done only for the reholdering of books? Not sure if the consignor was trying for an upgrade by erasing the pencil marking which clearly did not work in the end.

Ahem.......hate to tell you this, but his Mom might just not be as proud of his choice here.

Is this a typo on your part here?

Well, unless there's a lot of additional bidding prior to the end of this aauction or during the extended bidding sessions, it appears you just might be able to pick it up for a steal as compared to recent sales of this book over the past few years. Zen; So, was you able to pick up this copy for your collection as it went up by only a few hundred dollars more at only $9,800? Found it rather surprising that this once hot book didn't see any action at all during the extended bidding sessions. Although the final price of $9,800 represented a healthy 45% premium to guide, it's definitely a whole lot less than the outlier price point of $17,705 which it sold for a couple of years ago.

I assume you must be referring to their Sold archive that they have available as part of their Advanced Search drop down list. As far as I can tell, if you can see Sold price without having to click onto the book, then it is a non-auction sale. The only problem is that they don't have the date for when the sale took place, so it's really not that useful. If you have to click onto the book to see the price (which is an absolute pain ), then this is an auction format sale and thank goodness, it comes with a date for when the auction took place.

That's rather strange as I was able to click onto their Day 1 Auction and still be able to sort and see their completed Sold auction listings last night. Definitely not the case tonight as there's nothing there at all for both Day 1 and Day 2 tonight. Definitely frustrating and I hope somebody here with some kind of pull can contact them so that they can get their act together. Absolutely love the marketing emails they used to send out with all of the links because they actually provide you with easy access to their prior auction results. Since I was able to see the Day 1 results last night, I am sure they must have all of them in their system somewhere and it should be a simple matter of turning that feature back on for us if they want to.

+1 Most definitely as this is the first time that I can remember a copy of Bat 1 going for less than its condition guide value as this copy here sold at a 14% discount to guide: https://www.comicconnect.com/item/854566 I am quite sure that the Slightly Brittle pages had something to do with it, but maybe Mitch's doom & gloom Covid-19 prognstication might also be kicking in here, especially for some of these high dollar value books that tends to show up in every single auction. Buyers are probably being a bit fussier in this type of economic environment for these types of books since they know that they can be more selective.

Do you have some examples of books ending a day too early?

Well, unless there's a lot of additional bidding prior to the end of this aauction or during the extended bidding sessions, it appears you just might be able to pick it up for a steal as compared to recent sales of this book over the past few years.

Yes. I concur The Action comics 1 Page 5 sold for 27.5k in november. Off white pages So 15k-17k Great steal at 11k! I think the covid and new format helped you to snag it Yes, this is definitely going to look an even bigger steal in a few short years from now when the economy is fully back up on its feet. Maybe there is a bit of truth with respect to Mitch's doom and gloom forecast for the short term. I guess it's a matter of simply being willing to MANNUP at just the right time when these opportunities present themselves.