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mikefeen
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Posts posted by mikefeen
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On 3/4/2022 at 5:47 PM, ComicsAndCode said:
I didn't expect the Planet #71 to end so high. But then again, I have always thought it was undervalued.
Planet #71 was my wife's favourite comic in my collection. So she was happy it went for a price well above the expected one I gave her!
- ComicsAndCode, Spyder! and Weird
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On 3/3/2022 at 9:07 PM, GreatCaesarsGhost said:
Yeah, I didn’t start out trying to say that. Sorry @mikefeen. My initial message was I see signs that we may have reached the high water mark and that comics may become more affordable soon. I see that my words were poorly chosen and my post turned into something it was never meant to be. Apologies to all
No worries on my end.
- tth2 and GreatCaesarsGhost
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On 3/3/2022 at 8:43 PM, comicnoir said:
Wish I hadn't cheaped out on this book many, many times back in the early 2010s. It's a warehouse find! "Why is it so expensive?", I asked myself. Oops.
Also, doesn't the Tomb of Terror #12 seem so cheap by comparison. The dude is going to get a smiley face branded on him by a zombie!!!
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On 3/3/2022 at 8:05 PM, Gotham Kid said:
that along with the AF15 result, some MAJOR congrats are in order !
Nearly everything has crushed it. I'm happy with basically all the Timelys and Nedors. And lots of weird obscure war covers like the Eagle 4 went crazy. The Eagle 4 went for more than 3X the price I would have been happy with.
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It's kind of hard to believe I started collecting Planet because it seemed like a cool Golden Age series that was quite affordable. Boy has that ship sailed!
For those that are still working on runs, I wish you the best. They're amazing books, but certainly not overlooked anymore.
- Pantodude, Point Five, Artboy99 and 1 other
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On 3/3/2022 at 7:04 PM, Artboy99 said:
I honestly was considering bidding on both of those, but I am glad I didn't as I am happy for you. Grats!
Myself, I was the underbidder on 3 books including the #2 I tried for. Under bidder twice on the same book hurts ( you beat me out on that Mike when you purchased it)
You should have bid!
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On 3/3/2022 at 6:59 PM, MattTheDuck said:
Picked these two up tonight. Many thanks to @mikefeenif they're part of his huge cohort in this auction. I failed in my overall goal of keeping everyone else out of this auction and picking up all the Planets, but I'm very, very happy with these
Congrats! Those were two of mine (I think there was only 1 Planet in this round that wasn't mine). These were two of the better deals, so good job! If someone was getting my Planets 'cheap', I'm glad it was a boardie!
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On 3/3/2022 at 11:57 AM, rjpb said:
Looking through the round two offerings I saw this, and realized there are brittle pages and then there are really brittle pages. Cover presents okay, except for the registration issues, but essentially that's all one is buying with this copy. If it were mine I'd look for a coverless copy to marry this cover to.
Look at how much 'paper' has accumulated at the bottom of that slab. It will be interesting to see what this goes for (disclaimer: this isn't one of my Caps in this auction). I sadly never owned a copy of this awesome book.
I think the slabbing of books has really give the brittle and slightly brittle books out there a chance of remaining as collectibles a lot longer than they would have if they were still being stored in traditional mylars. Good chance a book like this would be in much worse shape.
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On 3/3/2022 at 2:28 PM, Flex Mentallo said:
Is the Planet #19 CGC 7 5 yours, Mike? That book just broke 5k with four hours still to go. (If memory serves, the last copy in this grade sold on Heritage at around this mark last year.)
It's mine for a few more hours! Planets have been jumping up in price all day. A lot more action through the day for day 3 than there was on either day 1 or day 2. At least for my books. Yesterday especially, it felt like all the bids for the entire day were in the last 30 seconds of each auction.
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On 3/3/2022 at 12:52 PM, GreatCaesarsGhost said:I know how you've been doing, because I've seen your postings. Let me take this opportunity to congratulate you on a sensational collection.
What I'm suggesting to you is IMO you would have gotten even better results in the Fall 2021 cycle.
Quite possible, but not something I plan to second guess myself over. I also know with nearly 100% certainty that if I waited another 5 years I would get prices that make everything selling right now look like incredible bargains. But for a variety of reasons, I chose now and I'm happy with the decision. If you have books selling this month as well, then I hope you also end up being happy with the results regardless of what happened last year or happens in the future.
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On 3/3/2022 at 10:03 AM, GreatCaesarsGhost said:I agree, but would point out it ain’t no picnic right now either considering the world events and the stock market. I think the Clink sales were a mixed bag and I can’t conclude the accelerator is still pushed to the floor. Had I known then what I know now, I wouldn’t have sent in my books for sale in this particular cycle. They will tell me this is exactly the best time to sell when people are looking for alternatives to the stock market to invest. I personally do not agree w that POV.
but you are right, lou_fine. The ton of material in the pipeline is yet another factor that will affect prices.
as a buyer, I’m cautiously optimistic that prices may ease up
So far out of 141 books that have closed for me in the current CL auction, 130 have exceeded my pre-auction expectations and only 11 have fallen below. And only 1 of the 11 has been more than 10% below. Some of those 11 have been less than $100 below on a 5K+ book. So in my opinion, prices remain strong. A few books have more than 3X'ed my expectation number.
Maybe my expectations were a bit conservative, but I used the most recent GPA info available a few days before the auctions started closing. I did throw out a lot of the Promise results in my calculations, as some of those just seemed too crazy and unrealistic. Always good to under promise and over deliver, even to yourself!
- Larryw7, MrBedrock, adamstrange and 3 others
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On 3/2/2022 at 11:58 PM, lou_fine said:
Well, with a total of 315 books in this particular auction alone, including some biggies like this AF 15 here, Bat 1, Suspense 3, etc., I certainly hope that old Mikey is residing in some exotic tax free haven like the Cayman's, Switzerland, Monaco, New Zealand, Singapore, Hong Kong, Belize, or the likes where there is no capital gains taxes at all.
I live in Canada, so I will sadly be paying all my tax on these sales.
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On 3/2/2022 at 3:53 PM, Point Five said:
I've never seen this one before! Awesome stuff!
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Heritage also has books that slip under the radar. The Cap 2 8.0 below went for $26,400 just 11 months ago, and my 6.5 sold for $31,000 last night.
Similarly, this Chamber of Chills #23 CGC 6.5 sold on HA for $5280 a few weeks ago, and mine got $10,500 for a 7.0 last night. So you really just never know what the best time/auction house will be for any given book in my opinion.
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It's also impossible to ever know how much factors outside the comic market affect any given sale. Back in November, crypto was still going to the moon, the stock market was similarly on a major bull run, war in eastern Europe was on almost no-one's mind. Even a few weeks ago in the last Heritage auction, there wasn't a war and major stock market instability looming over the sale.
Even if none of my books get another single bid the rest of the way, my total is already above the number that was going to make me happy, so it's all gravy from here. That's the great thing about having 315 books in this auction, no single sale makes or breaks it and it should average out in the end.
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On 3/2/2022 at 1:20 PM, batman_fan said:
Nothing stellar high in that group and likely a little on the low side but not crazy off
I was happy with all of these results. The only Batman that went under my (somewhat conservative) estimate was the #12. And it only missed a few percentage points.
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The Vancouver real estate market might be the one thing more crazy than the way this thread started!
- lou_fine and Flex Mentallo
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On 3/1/2022 at 5:51 PM, lou_fine said:
Looks like some fool of a bidder
just went and placed a new high bid on this POS book here. 
Took a second look at my analysis of this book here and definitely my bad here and hope that I didn't mislead any potential bidders here. Clearly one of the most OVERRATED GA books out there and now doubt that it's even a Lou Fine cover and clearly the reason why Overstreet doesn't even mention this in his guide. And to top it off, a Rockford copy which is the most overgraded pedigree out there and makes the Promise Collection books look like a poster child for examples of undergraded pedigree books. Hope nobody else falls for CL's much overblown hype that it's one of the highest graded copies out there.
Especially since I just got an inside tip that there's a whole ton of HG copies sitting in CGC's pipeline just waiting to be graded and slabbed that would have no problems snuggling themselves in there between the Church CGC 9.6 highest graded copy and the CGC 8.0 second highest graded copy of this book here. So, absolutely nothing to see at all with respect to this CL lot here.
As the custodian of this copy of Jumbo #11 for the last 10 years or so, I must agree with lou_fine. You do not want to own this clearly undergraded copy. If you add a 7.5 like this to your collection, you'll begin to think all your 8.0s and 8.5s are overgraded and you'll feel terrible. Also, the colours on this one will give you an unrealistic expectation on your future purchases of Fiction House books, as very few can match it.
Hopefully a wealthy board member can step in and save lou_fine from the travesty of owning such a comic. Act quickly, as there are less than 11 hours until bidding ends over on ComicLink!
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On 3/1/2022 at 8:49 PM, KCOComics said:The 4.0 or the 6.5?
Either way, congrats on the sale. Pretty impressive results!
The 6.5.
- KCOComics, RetiredOldMan, silverseeker and 3 others
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On 3/1/2022 at 8:37 PM, MattTheDuck said:
I'm starting to think you might be Tim Frommelt
Sadly, my windfall will come up a few zeros shy of Mr. Frommelt's.
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just went and placed a new high bid on this POS book here. 
'PLANET COMICS' (is deserving of its own thread)
in Golden Age Comic Books
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Both her and my parents, who never seemed to care at all about my comics for the most part, are sure a lot more interested this week when many, many dollars are suddenly pouring in. My dad wants me to call him every night when the session ends to update him. My wife has my spreadsheet up and watches every single auction close.
I always told them they were worth a lot and good investments, but I guess they didn't believe me!