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Everything posted by NewWorldOrder
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... but their final prices at auction sure aren't better. I do not want to hear anymore from their "supposed competitors." There is barely only one and they have missed more opportunities to capture market share then the Buffalo Bills at winning Superbowl's. So if CGC truly ever has a real competitor they haven't opened up business yet. You can write those other losers off. Right now CGC stands alone. Like it or not.
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Heritage is not a great place to sell common post 1980 books. Same book on eBay would sell higher at .99c auction 7-day auction, which 2 did just a couple days prior. BTW the fact a CGC 9.6 is still commanding as of Jan 2024 those prices just shows us how popular Venom and McFarlane are. The book is so common even at CGC 9.6 a ASM #300 going for $500 is still high.
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Interesting you say that. In my 20 years on selling on eBay what I noticed is at the beginning of each new year in January there is an uptick. My best guess is credit cards bills come due for all the useless junk most people buy during the Holiday season, and then they go "uh ohhhh" I cant afford this comic." My best guess as to why this happens mainly in Jan/Feb. Also then you see higher sales in March April May as income tax refunds come in, and people as per usual stupid with their money splurge.
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Never ever cancel for a buyer in these kind of examples, just say nothing. Relist and cancel for non-payment after 4-days. eBay for me is an assembly line of buyers (mostly good). I have no emotion to the bad ones just block and move on. I quite enjoy my block bidder list, its like a badge of dis-honor
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Well the other factor I am not seeing people really talk about here is these tampered books still have value. Just take the 350 books total market value lets say is $1 million (just making this number up it up for example). Some will get a clean bill of health and the value is still there (CGC owns nothing besides reholder/shipping/worker wages of that book) Others will get a new grade and CGC has to decide how to pay the difference/credit. Example ASM #300 CGC 9.8, but is really a CGC 9.2. They have to buy the book, but still have a legit CGC 9.2 in a new tamper-free holder. So it could be CGC would only owe half of that amount in buybacks. Crude example but I think you get my point.