mycomicshop

Damn.... Buyer is paying with time payments, and it won't show in GPA until fully paid, but sale is real.

That was a mycomicshop "sale" and they are notorious for listing books on ebay as being "sold" (usually Copper Age books or thereabouts) at a full price that is very often significantly higher than multiple other listings on ebay. GPA still picks it up and records the sale but it almost always stands out as an outlier sale. There are recent sales of ASM 300 and 361, as well as NM 87 where they have done the same thing. -J. What do you mean exactly? MCS They are notorious. You make them sound shady. Is Comic connect notorious for selling Action Comics #1s? Just a poor choice of words or have you gone from bashing BA12 to now bashing sellers of as well? Who's "bashing" anything ? Maybe you should check your own choice of words and save the hyperbole. Marking books as "sold" on ebay at prices they did not actually sell for is what mycomicshop does, usually when the book actually sold directly from their site at a lower price. The sheer volume of their sales almost guarantees some bad sales slip through. Pointing this out with regards to this (and other books) does not constitute "bashing". -J. This statement is not correct: If a buyer clicks the eBay Buy It Now button, eBay marks the listing as sold. If a book sells on mycomicshop.com, then we tell ebay to end the eBay listing, and the listing should show as ended, not sold. Your language makes it sound like we are actively involved in creating false sales data, and that's not the case. The effect you are observing is a buyer clicking the Buy It Now on eBay and GPA collecting the sales data despite the sale not actually completing. We have no involvement in that process other than creating the initial eBay listing. For sales that take place on eBay, GPA collects that data themselves. We are not involved in reporting those sales or confirming whether a sale did or did not actually take place. If you have a concern about any sales of NM 87, ASM 361, or anything else, please PM me with the sale you're concerned about, I'll confirm if the sale completed or not, and if not I will let GPA know to remove it. For sales that take place on mycomicshop.com, we provide sales data to GPA, and we don't report sales until the book is paid for and shipped. I've PM'd George at GPA to ask if it would be possible for us to switch to reporting our own eBay sales, rather than GPA collecting them, so that we can report only the purchases that were successfully paid for and shipped. Regarding the BA12 CGC 9.8 sale: Oct-29-2014 $1690 0235918008 The ebay user never completed their purchase, so we never received an order from eBay. The item would have been automatically relisted on MCS and ebay after enough time had passed without payment. However, that same item did sell a couple months later December 30, through mycomicshop.com, for $1495.95, and that sale really happened and shipped to the buyer.

Heard from CGC, and they confirmed that after examining the slab, they do not believe the slab to have been tampered with. That's also what we concluded originally when we examined the slab before sending it to CGC. As I mentioned previously, the small crack mentioned in our item notes was the kind of incidental minor slab flaw we see all the time--not evidence of a cracked and resealed slab. I don't want to speak for CGC, but what I understood from speaking with them is that the most likely explanation is that there were two copies of ASM 5 in the work area, and the wrong one got into the holder. Not a grading error--the three graders definitely did grade a book in the 8.0 range, just not the one that ended up in the holder. Somehow the wrong book was picked up and the result was the slab you saw. All parties involved are being taken care of to their satisfaction.

We have examined the book closely and don't see any evidence that the slab has been tampered with. The "Minor side edge crack" mentioned in our item listing is not evidence of tampering--it's just a tiny hairline crack about an inch below the upper right corner. Our consignment manager says she'd have to break it open to examine the inner well, but doesn't see anything off about the exterior. Just spoke to CGC and they were very helpful. We are sending the book to CGC to review and determine what happened.

Hello all, Yes, all books in our auction are in hand. We will inspect the book closely tomorrow and see what the situation is. Conan

Not sure what you mean, but they have been here 5 years longer than you... On this section of the forum boards Not sure what you mean? You are worried they will adjust their prices based on what is posted here? They don't work that way. They use verified sales from their site, and others like Ebay. They don't adjust their prices based on speculation. They would get burned more than they would make. MCS is here in this thread because they do keyword searches for " MCS" and " Mycomicshop", In order to PR work. They take their image seriously and if people complain here, they respond and make it right normally, and go out of their way to explain things. Isn't that right Conan? Yeah--I do keep an eye out for stuff related to us, and answer questions or help however I can. I also just enjoy the boards, though I read more than I post. This is my favorite online comic community. And yeah, while we're aware of ongoing threads like this, we generally don't follow them too closely. Before a book is released we do our best to predict how strongly it will sell so we can order appropriately, but other than that, speculating on future changes in value isn't really part of what we try to do.

Checked on it, not a normal sale. The item was "purchased" by the same person consigning it, for delivery to a third party, so I assume the price was set just before purchase and the item was never really available at this price. Sales like this won't be reported to GPA.

Purchased a Hulk 1 from Todd. Easy purchase, communication, and good packing and shipping. Thanks!

I honestly think most of their books are overpriced. As kpaqu1 mentioned, that book is a consignment and the price is set by the consignor. Also, we've sold a raw VF- of that issue for $115 and FN- for $63 within the past couple of weeks (both of those were also consignments). You can extrapolate from there what you think a CGC 9.8 should sell for if you were the consignor.

All the Afterlife with Archie's in this month's auction have already been paid for.

There is never something in our eBay store that isn't also for sale on our web site--all our eBay listings are also on our web site. And yes, our prices on eBay are bumped up some to take into consideration eBay's fees, so prices will generally be around 9-10% lower on our site than in our eBay listings.

Can someone PM with mycomicshop auction advice for sellers? I'm not sure the process/fees/etc I agree 100% regarding BIN being the way to go on eBay. I throw in a best offer most times because I tricked myself into thinking that more people look at BIN/obos than straight BINs even though I have zero factual evidence Brad, you can PM me, or call me at 512-240-2802 if you have any questions. There's a lot of info here: mycomicshop consignment info Fees are: 10% for sales up to $300, minimum $5 per item 8% for sales $300-3000 6% sales over $3000 No listing fees or any other costs to you. You can list either as fixed price or in our monthly auction. Commissions are the same for both formats. If fixed price, you control your pricing. Items you list as fixed price are listed simultaneously on our web site and our eBay store. The eBay listings are free to you--we cover the listing fees, and we bump the eBay price up just enough to cancel out the final value fee if it sells on eBay. We only do auctions on our own site, none on eBay. Auctions are indeed riskier than fixed price, but in general stuff in our auctions gets a strong percentage of market price/GPA/retail compared to other auction venues. As others have noted, we have a sizable customer base of buyers that use us but don't look at eBay very often, so sometimes auction prices on our site can go higher than on eBay. Raw books do well through us, because buyers know us and like our grading, versus you listing them yourself on eBay, where buyers tend to distrust the grading from unknown eBay sellers. The process is: - You enter the books you want to consign on our web site (our web site tells you which are eligible for consignment based on expected value) - You start a new consignment transaction and ship us the books. - We scan everything, grade any raw books, and file them to inventory. - As soon as they're filed, we email you. You then use a page on our web site to set prices or assign to auction. You can later change prices, or shift a fixed price book into the next auction, at any time. - We issue payment for most books within about 10 days of the sale, and can either mail you a check or pay via PayPal.

One bidder entered $27500 when he meant to bid $275.00. A second bidder put in non-serious bids until he found the top (account now blocked from bidding). We've corrected the $275 bid and revoked the illegitimate bids. Current correct high bid is $530.

Yeah, that's how it currently works. I'd like to make an improvement so that any consignor price changes are applied to the existing listing instead of ending it and posting a new one.

Nice sale on that KODT!

Nice going!

Yeah, consignors can set whatever price they want, and as was pointed out, that Saga #2 is a consignment. Maybe I ought to update our eBay item layout to indicate which items are consignments to try to avoid this kind of confusion. I just have to word it in a way that doesn't cause more problems and questions ("Consignment? Does that mean you don't have it in hand? Who graded it?" etc.) If anybody sees a price on a book of ours (non-consignment) that seems stuck higher than where the market's at, you're welcome to PM me about it. If I agree with you, we may adjust it down.

I think I remember Conan (mycomicshop) saying they do, but I'm not 100% on that. We do report all CGC sales to GPA, but we don't report to GPA until an item has been paid for and shipped. In this case, the $4100 result has been corrected to $1325. A good price, but not nearly as eye-popping as $4100. With the 3% BP, this will be reported to GPA as a $1365 sale. In the final moments of the auction, Bidder A intended to enter $1300, but accidentally added a digit to end up with a secret max bid of $13,900. A second bidder, Bidder B, really wanted the book and submitted further bids that pushed the price up to $4100 against the typoed max bid. The correct outcome is that Bidder B is the winning bidder with a bid of $1325. Confirmed as agreeable with both bidders.

Shouldn't be...if anything, eBay would be a better indicator as it certainly has more traffic than MCS. You're able to discern foot traffic for eBay for comic collectors, as opposed to a site dedicated to the collectible? Given eBay's track record I'd say consignment shops now have the upper hand. Look at the number of unique visitors for a CGC comic ending, and compare that to the number of registered customers for a consignment site. I'd bet eBay loses. That may be true....for GPA data, it seems most sales reported are ebay sales. Does mycomicshop auction site submit their sales data to GPA? Thanks Yes we do. All our auction and fixed price sales are reported to GPA. And I agree that eBay is probably the largest source of GPA data by a pretty wide margin.

I'm running with a group of 4 survivors on Friday. We're in the 1:00 group. Looking forward to it, hope it's fun and not a let-down. I'm in a group of 3. I think that 1:00 is the first run since they rescheduled everyone from earlier. Yeah, was 11:00 am originally and got rescheduled to 1:00.

I'm running with a group of 4 survivors on Friday. We're in the 1:00 group. Looking forward to it, hope it's fun and not a let-down.

The commission is 10% on sales up to $200, with a minimum of $5 per item. 5% for sales $200-2000, 2% over $2000. Consigned items can be listed in the auction or as fixed price, however you choose to sell. If fixed price, you set the price however you want, and your book is listed simultaneously on mycomicshop.com and eBay. Consignment details In September, the commission will bump up a little to 10% up to $300, 7% $300-3000, and 4% over $3000.

We've had strong WD sales in previous months too, including the second highest GPA-tracked price reached for a CGC 9.8 #1 (the $1597 from March 21), and $511 for a raw #1 we graded VF+. So either it's a long-term (and expensive) "marketing technique", or we just have a strong market for WD issues. I think there's a lot of unmet demand out there for WD back issues, and our customer base and mailing list is an ideal channel for reaching that unmet demand. Also, not everybody is as savvy as the people in this thread, or spends as much time watching eBay for the issues they need. And not everybody has the "if it's not 9.8 it's not worthy of my consideration" mindset. Many people are just trying to collect the issues. For a lot of our customers who mostly shop from us and don't spend much time on eBay, all they know is that most of the time we're sold out of all WD back issues, and whenever we do get them in they sell out again very quickly. So when a big run is put out in front of them, it gets competitive. As far as possible shilling: we never bid in our own auctions. There's zero shill activity coming from us. Nor do I see any indication that the consignor is shilling. If you don't want to take my word for it, you're welcome to consign yourself and see what kind of results you get.