lou_fine

My bad then as I guess I should never believe all the things that I see and hear on this darn internet of ours: I was thinking back to about the 3-minute mark of this video where some weird looking dude starts talking about his copy of Marvel Mystery 72 and then at the 4:25 mark where he talked about Billy's run of Marvel Mystery. I should have known that you can never trust anybody wearing a Houston Astros jersey. BTW: That's a great story about your copy of Marvel Mystery 72 and what comic book collecting between friends is all about.

Greatly appreciate your time and effort in compiling this chart on an ongoing basis for us who are too lazy to do this kind of analysis ourselves. The only question I have is that from the time frame of last sale to 12 months ago, it appears to be pretty short term and really geared more for speculators or flippers. Do you have something similar geared more for collectors that would also show the ROI for longer time periods like 3 years, 5 years, and 10 years because that would certainly be interesting to see, especially considering the fact that it takes longer than a full year to get some of your books back from the CCS/CGC long term storage warehouse once they go in there ?

Yes, of course the 20% BP is indeed non-negotiable when it comes to the buyer and is required to be paid to Heritage. What I am referring to is what I have heard from quite a few boardies through PM's. Namely, that the BP is also negotiable when it comes to the consignor as they can also forgo the Seller's Premium completely and yet also get back a small portion of the Buyer's Premium that was paid to Heritage. As for CC's 15% Buyer's Premium, it's nice to see that some of the long time consignors (e.g. Marvel Mystery million dollar+ run consignor) prefer not to take this 15% option even though in theory, it means they are leaving some money on the table for CC to scoop up.

I am quite sure that the 15% BP option was given to the consignor not just for the GRR reprint books only, but most probably given as part of a larger consignment whereby the consignor wanted to take the 15% BP option for their entire consignment. As for the 15% BP option, I am sure that it's just CC's way of trying to entice more potential sellers to consign their books with them by squeezing a few more dollars into the pockets of the consignors by a percentage point of so by the time it's all said and done. Don't you just love the rather twisted convoluted mathematical gymnastics that is done in order to provide the consignors with this extra money if they do decide to choose this option here for their consignment? It actually might not be this straightforward as I heard from many that it's really dependent upon how good you are at negotiating, and of course this is also highly dependent on the quality and potential value of your consignment. Like a used car salesperson, the key here would be your actual take home percentage as it's really a combination of both your BP and SP commission fees as these are both apparently negotiable. Likewise in a new or used car purchase negotiation, it's really the bottom line as they can give you more trade-in value for your old car, but then give you less of a discount on your new car.

Was this winning bidder aware that there was a book with a prior Spidey first appearance called Amazing Fantasy 15?

Any bet that the 2 high bidders in these 2 auctions here didn't bother to look that closely at the CGC label or to the capitalized bold print right at the front of the auction listing description.

Yes indeed, as it's just so much more fun and less stressful to be a long term collector who spends time in the market, as opposed to being a speculator or flipper who's always trying to time the ups and downs of the marketplace.

Might take a bit longer than expected as even hot books tend to take a breather or slight drop back after an explosive move upwards. Perfect case in point being TOD 10 and WWBN 32 which are both seemingly now selling for markedly less than full guide in HG after Overstreet's abnormally huge increases in this year's edition of his price guide for quite a few select books.

Is that only for CGC's grading turnaround time or does that also include CCS's turnaround time to ensure the slab is perfectly levelled flat and also clean before the slab gets sent in for grading? Just imagine the total turnaround time for you to now get your books back in you want all 4 processes done as I imagine you must be looking at well over 500 business days here.

Well, although a bit stale-dated since the auction was back in December of 2017, but it was the Twilight pedigree copy at the exact same CGC 6.0 grade that sold in another CC Event Auction for what was then a record $215K, as compared to this CGC 6.0 Kansas pedigree copy that sold for $729K. For a more recent comparison albeit slight different grades, Heritage auctioned off their CGC 9.4 highest graded Windey City pedigree copy for $1.26M back in November of 2019 and a CGC 4.5 graded copy for $360K at the beginning of this year. In comparison then, a CGC 6.0 graded copy for $729K would appear to be a relatively strong result based upon my personal opinion. Actually, my bad as I foegot about the 2 recent sales through CC's Event Auction earlier this year which might explain this huge increase in the price for Marvel Comics 1, namely auctioon sales results of $363,527.65 back on March 17th for a CGC 2.5 graded copy and the CGC 9.2 historic Pay Copy going for a record $2,427,777.65 on the same day. So, seems to be a continuation of the explosive high prices for the once former seldom come to market Marvel Comics 1.

I believe this really depends on when these particular sellers had purchased their books, as anything brought from more than a few years ago should still work out just fine for them.

Which auction site was this in terms of the GRR's and were they for unsealed graded copies or were they for still original sealed copies?

Not really too much of a surprise here with the Marvel Mystery run as these books hardly ever comes to market, and when you see them, it's probably the one and only chance you are going to have at obtaining a copy for some of these issues as you just might have to wait years to see another copy come into the marketplace. Which means if you want some, you just might have to pay multiples to condition guide for them, even if they are in Restored condition which many of these were. So very much unlike the so-called hot BA and CA key or even semi-key books where prices blew up on them so quickly to the point of unsustainability last year. Buyers have possibly have finally come to the realization that there are multiple copies of these books showing up in every single auction with many more to come as they work their way through the CCS/CGC storage warehouse. Certainly no need to bid the farm on these relatively common "hot" books becaue if you miss it this time, just wait a few weeks and it's bound to show up in another one of these auctions. Clearly one of the primary reasons why so many of these books have dropped so far from their lofty highs of last year and now selling for even lower than guide since Overstreet overreacted and jacked the prices way too high in his new guide on many of these books here.

One of the main problems is that in reality, especially for raw collected books, the comic book market is not that liquid when it comes to timing. I talked to quite a few collectors who saw some of these rather crazy prices from 2021, thought about it for awhile, and then decided to send their books in for slabbing. Well, guess what, they either just got them back recently or are still waiting for them to return from that huge overflowing CCS/CGC long term storage facility in Florida. Needless to say, in the interim, the prices have nose-dived for these relatively common hot to trot so-called key books from the BA and CA from their stratospheric highs of last year.

Yes, the much in-demand classic WWII zeppelin cover and clearly the sign of a still highly undervalued book when even a just more than Slightly Restored copy with the much dreaded PLOD label can still command multiples to condition guide value.

I imagine it most probably would have been very early on because in his video with David, Richard said that he first met Billy in the first year that he opened up his store and by that point in time, Billy was already missing only 4 issues from finishing off his complete run of Marvel Mystery Comics.

Yes indeed, and let's not forget the rest of the entire Marvel Mystery run that Billy P. had in this Event Auction here.

Is it just me or is nobody else here surprised by how high this Kansas City copy of Marvel Comics 1 sold for, but big time congrats to our very own @Straw-Man on this astounding sale here: https://www.comicconnect.com/item/962668 Definitely a record settter at $729K for a CGC 6.0 graded copy, espcially considering that the equivalent graded Twilight Copy sold for what was then a record price of $215K at the end of 2017 in another one of their CC Event Auctions.

Maybe nothing more than one of those crypto newbies jumping into the market who heard that the first appearance of Spidey was going for huge dollars and thought they were getting a steal of a deal and didn't realize that there was such a thing as a Amazing Fantasy 15.

And for all you worry warts on the boards here who's crying over the crashing price of their AF 15's, let's hope you've got a copy of Spidey 1 because at least now we know where all of the money is going to: https://www.comicconnect.com/item/948566 I guess that QES sticker and short little video by Vinnie must have made all the difference in the world as it sold for almost $200K in Tuesday's evening's CC Event Auction for a mere GC 9.0 graded copy. Don't you absolutely hate it when some fool out there outbids you by a mere $5 for your grail of a book since I thought for sure that my last second bid of $170,550 would have won, but I guess that fool must have had a prior bid in there of $170,555 which came out to $196,138.25 with the 15% BP juice in there.

I would tend to agree with you here as this could possibly be showing signs of a cooling marketplace for some of these books, but definitely a sign that collectors still don't like paying up for an Extensively Restored CGC 7.0 graded copy like this one here as opposed to a Slightly Restored CGC 7.5 graded copy that CC was able to sell for over $186K back in the "red hot" time period of August 2021.

Yes indeed, congrats on an astute pick up of a nicely presenting copy relative to its assigned grade and at a very reasonable price point of just under 4-figures.

Well, based upon the fact that CC was able to fetch $10,600 for a rather nicely presenting CGC 2.0 graded copy of this book back in 2020, I would tend to agree with you on your point here. Then again, at least this $9,200 for this CGC 3.0 graded copy was significantly much better than the $7,800 that Heritage was able to fetch for their relatively less attractive CGC 3.0 graded copy of this same book only a few short weeks ago in their August 28th Sunday Auction.

Well, I guess we have some idea now as these are the Graders Notes for this Larson copy of AMF V2 #5: Grader Notes Left Top Front Cover Pedigree Coding/Marking Top Spine Small Spine Split Top Staple Small Tear Top Staple Weak Since this book was graded back in 2015, it makes me wonder if the prior grading team saw pedigree coding as a defect and the new grading team under Matt Nelson who came on board as CGC Primary Grader from his prior role as CCS President in 2016 did not view these pedigree markings as a negative when it came to the final grade? As a vintage comic book collector, all I know is that I would much rather have a pedigree book that exhibited their signature pedigree code markings (as long as they are small and unobtrusive) since I view them as a positive or a plus to the book like this Larson 80 recall code, and not so much as a negative or a defect to the book.

In what aspect of this auction result of $69K for the AMF V2#5 was you perplexed about? Was it in the fact that it came nowhere close to the $102K that the Luke Cage, Hero for Hire #1 was able to achieve in a CL auction a few weeks ago when it had a mere dozen or so other equivalent graded copies slabbed in CGC 9.8 condition already?