Maybe this high price may bring a few more 5.0's or 6.0's out. I think $15000-20000 for the 8.0 Mound City copy looks reasonable now.
Define "reasonable"!
This book is currently driven by supply and demand. Collectors now recognizes that SC 22 page quality is normally crm/ow. This particular 5.5 has off-white pages, and as detective27kid said " On sc22 pq is a big deal if you are looking for a separating quality over other copies". This copy deserves a premium...but $3803.64??? Regarding the Mound City 8.0, this is the only publicly high grade copy available for sale and the rest is tucked away in collections. Below are examples of other notable Silver Age keys sales which I have mentioned before. Let's use BB 28 and Avengers 1 as a comparison. The 3rd highest graded BB 28 (which there is five) sold in Comiclink for $21000. Also, let's use Avengers 1 as a comparison. A 8.0 (5th highest and 23 copies) sold in CL for $26000 and a 9.0 (4th highest and ten copies) for $20000 again in CL. Showcase 22 is in high demand and there are less high grade copies available compare to their counterparts.
Man, the 5.5 got almost $4k....I can't even guess what the Mound copy will bring now.
Tim (tth2), any thoughts on what you think that 8.0 Mound may bring at auction?
I couldn`t even guess. The market is way too fluid for this book right now, plus I really don`t follow prices of non-NM books. I guess it wouldn`t surprise me if this book broke the $10K mark, but that`s about all i can say.
I can agree with that (thumbs u
It will be interesting to see where the Mound City copy ends up. Most (all?) of us here agree that it is not an 8.0 book, but that is what the label says. My guess is that it sets a new record (can it top the price paid for the 9.0s?) for SC #22 IF it gets sufficient exposure since a lot of (or most of) collectors will pay for the CGC grade, not the book in the holder. The only thing I can see that might hurt the price a bit is that they are doing the auction themselves and not on one of the big three sites (Clink, CC or Heritage).
I hope I get to prove you wrong on the last part!
The fact that (other than sending my son to Chicago, and a google adwords campaign) I have not started advertising this sale yet and still we have some of what seem to me (I admit my opinion dosen't count for much) to be the top collectors in the country chatting about a collection of 3000+ books when we have not even finished putting the information for the first 100 books online, says I might be doing something right. OK that was a run on sentance and I lose 20 points.
Now back to work. Rob Lite is updating our google doc with the grades, and CGC facts, I am updating the auctionzip site and the website. By the way if you have not discovered auctionzip yet you need to give it a look. We use it for all of our auctions and it is great. You can use it for free to find local auctions in your area (hince the zip part of the name). If you pay a very small fee (I am not connected with them so I get no part of the fee) you can search 14,000 auctioneers auctions. Imagine if you did a search on say green lantern. You might find a treasure at a local auction.
Just a thought, and now I have given back a small tid bit for all the help you fine folks have given me. enjoy.
Rob