$2,577 last March.
At the time that struck me as very high. I wouldn't be shocked if it went for less this time around. But I also wouldn't be shocked if it went for considerably more!
Well, it should go for more...after all, it's part of the Toronto Riverdale Collection!
What the heck is that all about? Are dealers now trying to call "collections" books that somebody bought as recently as last year? In that case, isn't every group of books a dealer buys from a collector a "collection"?
It's not a new phenomenon nor is it limited to comics. For this Comic Connect auction they devoted a catalog to one person's collection.
It can be a marketing ploy by the auction house or an ego trip or visual memento for the collector. For some art collections the seller negotiates specific criteria for their catalog even to designating the author, usually an art scholar.
The John Wise collection I can see, although even there, to be honest, I thought it was a little shaky because clearly he had acquired some of the books -- the Ruben Blades books, for instance -- fairly recently. But unless I'm missing something, the CGE 12 was acquired just last year. Seems really pushing it to say it was part of any "collection."
I skimmed the story of the collector and the collection was put together over a couple decades. Once they decided to denote the lots with "Toronto Riverdale" it probably wasn't worth it to leave some out nor would they necessarily know which lots were bought recently unless they were purchased through c-connect.
Ultimately, I doubt annotations like this have any material affect on the resulting sales price.
I guess it's all marketing and there is no attempt to get a CGC notation. Still, though, I think dealers ought to reserve "collection" for an OO group of comics or -- as with the John Wise books -- a group that has a significant number of key books.
I'm tired of "collections". I have a collection, you have a collection. When I decide to sell will I insist on naming me after my books? Sure why not.
The GCE 12 sold for $1950. Mister Riverdale took a bath.
What commission does CC charge? Although given they were willing to label this group of books a "collection," I imagine the consignor got a break on the usual fees.
Cc charges 10%. Unless the buyer uses a credit card. Then then seller gets nailed with the extra 3%. Under NY State law, they can't charge the buyer. Which is why the Clink is in Oregon.