Noticing breath taking price strength still in high grade key slabs even in the face of recent stock market and crypto correction. 

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  BATMAN 232 CGC 9.8 White Pages - 1st Appearance Ra's Al Ghul

  • $22,000.00
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  • +$50.00 shipping
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  • May-01 11:50
• 

  batman 251 cgc 9.8!!!! (1 Of 23 In Existence) Neal Adams Joker Cover Classic!!

  • $35,000.00
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  • +$150.00 shipping
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  • Apr-30 05:48

On 3/14/2022 at 3:58 PM, ADAMANTIUM said:

Dell Otto sketch

9.8!

Ss Snyder too!

 

That's awesome!

On 3/3/2022 at 12:52 PM, dover said:

From Good Brother Roberts of the Dale.

 

 

 

 @ BATS 229

On 3/8/2022 at 9:27 AM, batman_fan said:

The 6.5 was bought raw from Howard Rockman way back in the late 1980s

How big of a difference is the 8.5 presentation vs. the 6.5 in the latest gen slab? Are you putting a slabbed run together? 

On 3/10/2022 at 5:32 PM, valiantman said:

It's tough to get useful data on books that weren't slabbed often below 9.8 that far back.

Great point. I tried Star Wars 1. Just some quick math as there are different ways you can plug the #s i.e. taking a mean average etc. But I'll just pull the highs.

9.8 on 12 sales in 2005, high was $485

9.8 on 47 sales in 2021, high was $8460

That's a multiple of 17.4X

8.5 on 9 sales in 2005, high was $51

8.5 on 82 salles in 2021 high was $676

That's a multiple of 13.25 

On 3/9/2022 at 4:36 PM, valiantman said:

https://comics.gpanalysis.com/news/2021/investing-in-cgc-grade-comics-is-higher-grade-better

(clipping from the article)

An investment of $679 in 2005 could have purchased one copy of CGC 9.8 Amazing Spider-Man #300, while an investment of $675 could have purchased 13 copies of CGC 8.5 Amazing Spider-Man #300. The average prices paid in 2021 would have the CGC 9.8 investment (one copy) valued at $6,116 and the CGC 8.5 investment (13 copies) valued at $9,321. If it had been possible to purchase 25 copies of CGC 7.0 Amazing Spider-Man #300 for an average of $27 each, the returns would have been even higher.

An additional consideration is that owning a single copy of CGC 9.8 Amazing Spider-Man #300 could only be “cashed out” by selling the book and no longer having the book in the collection, while owning 13 copies of CGC 8.5 Amazing Spider-Man #300 could be “cashed out” by selling one, two, or even twelve copies of the book, while retaining a copy within the collection.

Good sharing on this data. I'm going to run similar # time period comparisons for SW1, some other not-so blockbuster keys and DC slabs as well.

On 3/10/2022 at 11:27 AM, Gaard said:

I obviously don't have these in hand yet. Mailed the check this morning. Hey, 3% here and 3% there adds up.

Nice pickups Just a friendly heads up; I have a Wells Fargo and Citi card(s) that pays unlimited 2% cash back, so sometimes if I'm in a pinch because of timing of the month but can't miss out some auction slabs, I just use the card and the vig is then only 1%. 

Do you have any Valiant pre unity SS 9.8s?

On 3/9/2022 at 2:47 PM, Spider-Variant said:

That is some awesome stuff right there.

Growing up my older brother had a bunch of coverless comics, took me years to understand the story behind those.  He never had any of the partially torn covers, just the completely coverless ones.

I also bought football cards as a kid.  How fun was it ripping into those packs?

 

Yes cards!!!!!! I collected both sports/nonsports. I was able to not only get wholesale prices but a discount on top of that because of the family friend. I would work really hard to save up $$ and then it would be Xmas time ripping through a box. Those were awesome times. To this day I still have tons of cards. Did you by chance collect any of the Topps stickers? I remember creating a list of missing stickers I needed in order to complete the book and then mailing that along with payment to Italy!!!

On 3/9/2022 at 5:51 PM, batman_fan said:

My question on the Batman 1 offering, they are selling 180,000 shares at $10/share.  Is that the total # of shares and then Rally holds 90,001 shares so they have the controlling # shares or do they sell all to the public and hold zero shares but still maintain control over the asset? 

Good question and additionally, quick napkin math; a $1.8M valuation is already a approximate 29% premium vs. cost basis. I realize the slab was purchased 6 months ago but does that seem reasonable? I suppose we will find out what the market thinks when the shares start trading. But if they are able to fill this offering what happens to that premium capture? Just gets allocated to new acquisitions? 

**Actually I just realized that might be the valuation the buyer from September established in order to sell the stake off.

On 3/9/2022 at 8:22 AM, EastEnd1 said:

Well, decided to take the plunge and just subscribed to a whopping 20 shares in the Larson Batman #1!  I will be a 1/1000th percent owner... very exciting!  Cost me $175 net of the CGC gift coupon of $25!  Decided to buy 20 shares in the Erling Haaland rookie card while I was at it.  Have to say, the site was very user friendly and the process was very easy and seemed very professionally managed.  We'll see.  In light of all the recent Wall Street interest in NFTs and "alternative assets", I'm very curious as to where this form of investment goes.   

 No guts no glory.

Please continue to update the thread on your experiences; in particular when it starts trading. Thanks!

On 3/9/2022 at 2:56 PM, Kryptic1 said:

Be careful with the IPOs.  You will get much better results if you wait until they get into daily trading.  For example, 10 assets started trading this week for the 1st time since their IPOs.  Here are the % price changes from IPO price for all of them:

Unchanged, -57%, -59%, +24%, -38%, -55%, -61%, -9%, unch, -25%

And yet, there was another IPO today that sold out in 2 minutes.

Interesting. So there is a path to get in and out depending on your position size of course as others alluded to as well; this is not as bad as getting into a nontraded REIT or dark OTC asset or private investment etc. where it's basically a sunken cost and you are depending on distributions.

One of the few copies of Batman #1 graded above #BATMAN sold for $2.2M in January 2021......

I pulled the above off the Rally site; I believe this is in reference to the 9.4. Are they trying to pump people up or something? There is a world of difference from a 9.4 vs. and 8.0; actually two entirely different planets as far as BATs 1 goes.

It appears Rally is offering the Larson 8.0 ((which just sold September 2021 for $1.47M)) @ a $1.8M market cap. My two questions are, is Rally the one that made that purchase in September or did they just acquire this BATs now and you would be getting in closer to their cost basis @ that $1.8M valuation?

Based on your experience, any guess as to when this starts trading? 

I will say this; some of the BAT keys are participating in this rally.

Take 1st appearance Tim Fox #313 slabbed 9.8.

In 2019, fetched $65 and in 2020, sold for $75.

Last year 5 sales; low of $1799 and high of $2163 (which was last sale)

That's a multiple of 29X vs. 2020. 

On 3/8/2022 at 11:34 AM, dikran1 said:

It's also a great way to keep track of closing bids as once you bid on something it'll be in your account forever.

Exactly. This is how you effectively create your own little CL GPA database. 

On 3/8/2022 at 8:47 PM, Pitboss said:

WHAT THE WHAT?!?

PREDATOR #1, CGC 9.8 NM/MT - THE AUCTION HAS ENDED 1989, 1st Predator appearance in comics

Current Bid: $888 Number Of Bids: 29

Some folks are really getting excited about the movie. There were two very recent sales on eBay; one BIN actually higher. Also worth noting there is an identical 2nd print of this issue, so definitely have to read the label.

Predator #1 1st Print CGC 9.8 1st App Rare Invest Now New Movie Coming Soon 🔥

• $900.00
• Buy It Now

On 3/9/2022 at 3:54 AM, Gator Guru said:

Ill take it!

Thank you for taking the temptation away! This is an incredible slab and my favorite all-time Punisher issue. Congrats 

On 3/6/2022 at 9:34 PM, ganni said:

Nothing? have a drink while we wait...

Wash all that sugar ...

As a kid, it was pretty unbeatable walking into a 7-Eleven, getting one of these and heading to the comic rack. Amazing times. 

On 3/7/2022 at 11:06 PM, wasonff said:

Uncanny X-Men #248 CGC 9.8 W SS - Signed by Jim Lee  $315

Take 

On 3/8/2022 at 2:24 PM, wasonff said:

Uncanny X-Men #267 CGC 9.8 W SS - Signed by Jim Lee, Chris Claremont, Whilce Portacio & Scott Williams  $285

Take

On 3/5/2022 at 4:21 PM, Namtak said:

Started a new project...alien maquette fully articulated 1/2 scale!à 2 year project each week in a magazine ,will be Led lit to see skull inside,sound detect will make the head rotate in direction of sound!for $1,i had to try the first number,others will be 15$each i guess ,had to see the quality of texture and paint before comiting but im impress,plus the joints will be made of metal,might post more in few weeks if some are interested to see the result,but the teeth are made of metal!seems like a good project!

 

 

 

That is awesome!