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Mmehdy

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Everything posted by Mmehdy

  1. very soon in the future, especially if a new mega A-1 comes up for auction....
  2. At some point, especially if minor restoro this will happen. Major restoro would be a shock unless inflation goes bonkers
  3. Finally upgrading my FF Marvel Masterworks to the larger and better colored Omnibus which are finally back in print..2/3 with 4(new) to follow, got mine today for under $100 bucks, what a deal for the best of the best.
  4. He is up there, I have always found, like Jack Kirby in the early 70's that Neal is very fan friendly and his work amazingly consistent, I have two signed editions of Deadman and GL/GA which I have read and reread many times. But the top three and should even include George Herriman for art/content creation, really stand out. Neal is a true comic book master.
  5. top 3 1- Jack King Kirby....great in 1941 with Cap 1, great in 1961 with FF1 and hits the peak in 1966's FF51 "this man this monster"...and still is great for another 50 issues 2-Robert Crumb-godfather of the underground comic book movement...could do the most controversial comic books ever made in 1970, that is right 1970....or "68...incredible impact of comic books on the cultural evolution of free thought and you have to live this to understand this. A genius, just check out on Ha website a story from the 1970's Tales of the Future..... 3-Tough call here, on overall impact is my major factor ....Steve Ditko...great great early Charlton work with Captain atom and SFD, Classic and I mean classic SF Amazing fantasy horror and SF stories for marvel, ASM 1-38 and Ann's 1,2 and ST ANN2 .....cannot be duplicated for the time and went on to do a lot more material which need to be relooked at both in terms of art and story meaning... Close but no cigar Fletcher Hanks ...Genius on a level above...held back by his lack of work 1939-1941..."The complete works of Fletcher Hanks" is a must own for any GA comic book collector as well and SF comic book collector, his true life story, his true fight for real justice in comic books when it comes to a villian's end , what could of been with 10 years of his material ....wow, great stuff, super stuff. Alex Raymond....there were a few years along with Windsor MCcay that no body could do it better, probably nobody has...limited by the comic strip format and freedom. Wally Wood- his WS and WF and Thunder Agents were up there, he cut his life too short, but the life that lasts half as long shines twice as bright Frank Frazetta ..the greatest artist of the 20th century hands down, but not really comic book artist, more of a painter, I agree the greatest comic book cover besides Action 1 is WSF 29 and those Buck Rogers covers, but he elevated his game when he went into Conan...
  6. I know in my case they did not allow him to bid anymore in any auction. Of course he could use a straw person and keep in bidding up other bidders, such as the risk in an auction. My rule is to figure out what amount I want to pay..MAX before the auction and stick to it. There were however a lot of cases where I was prepared to pay double which I got the item for so win some, lose some so be it. A great book above me, super purchase especially historically speaking in terms of this collection.
  7. Sometimes people "thrill" bid on Ha or CC or any auction and win by accident. I had consigned to ha a 10K plus item, it was bid and won and the the buyer said he did not have the money and they offered him time payments and he bailed on both of us. So it might be possible that could be why this book is back so quick. The other is buyer remorse and unless you are either a TCBC or a true comic book investor to be able to hold for 1, 2 or even 3 years you run the risk of breaking even if you need a quick out. Do not get me wrong this is a great book, it just might not be the right fit for the collector or investor timewise.
  8. With over say 4500 of the 5000 plus books you know they worked out some form of deal, I know when CGC was first started Jim/HA had some ownership stock interest or something like that, I am sure that if there is still a ownership connection either price or priority grading helps. If you own the auction house, and you bid on items like Jim did and win a ton them such that he had his own website to sell those, you are bidding where some of the auction fees are going to ownership which fine in Texas , but it gives them a little edge price wise. Also any company would probably discount for a very large order or submission so its business as usual. Of course the auction houses like the fact that the cost of say a high grade action 1 is 100K at CGC...it puts them in the driver seat to get that consignment. Win Win for everybody, the cosigner with higher sales price, CGC and auction house get increased fees also...such a perfect world...
  9. I thought they said August for this auction, I have not heard anything other than the promo video>>>? what is going on?
  10. any predictions for tonight's Promise auction...any bargain out there???
  11. COLORAMA....great great story, I think Mr B owns the cover to it and the story was auctioned in profiles in history recently....great read
  12. By offering free grading for future CONSIGNED BOOKS ONLY they could increase their market share of auction material and possibly snag some higher quality material in the process. Now, especially if the CGC is going to charge 60K for a A-1 grade fee. This would be a company promotion to get increased business. Currently Ha is getting the best material on the market. Just compare the top books on the Aug-9 CC action to the Sept Ha auction...Ha is leaving them in the dust. It used to be years ago the CC and Ha were neck and neck with each auction having some truly great books, not in 2021. I also think Aman619 that you have failed to include in your comments these factors. What is CC actual stock of raw books?, that is company owned...if it is substantial they could in house grade and sell them at a much higher price rate, Secondly they control the priority of what gets graded first and offer a quicker time grading period and thus a faster sale time to the the consignor especially in emergency sale situation they control the assembly line. Further, they could really make a dent in the E-Bay sales of MCS and MHC by flooding the graded books on that and other platforms. There are multiple benefits for either Ha to outright buy CGC from Blackstone, or CC to buy the "other" guy for some type of vertical business integration ...which I assume you would have to acknowledge is a valid business practice. CC could be sitting on 1 million comic books, who knows. The other real possibly would be Mycomicshop which is in the same state and area to acquire the company. They and Chuck have the largest supply of ungraded comic books in the world...they could benefit too. MCS is a big time operation, probably the largest comic book shop employee wise in the world..they would benefit also from the vertical integration probably the most especially on their E-Bay sales by putting a ton graded books online...they could really do something in that market. One must remember that we are not taking a 500M CGC sale, we would be talking 1/10 that and sure MCS would not want to finance even 1/10 that but they could give a % of sales going to that total. I should really consult with them...LOL Anyway, we really really have the best legal "joints" out here in Cali land, its a damm smorgasbord, so if you are even the the San Diego area...please give me a call, and we will light one up....cheers
  13. I had heard there was a supposed issue as to whether CBCS would continue to operate without their purchase, so I suppose they did keep it in existence. Now whether the current owners has as much skill as Blackstone in asset management and for sure not as much resources either there is no contest, I see CCG growing and evolving into even greater market share. Blackstone's purchase is CBCS worst nightmare. They could never beat them before, but now they really no chance resource wise. Watch Beckett to either be purchased or for them to spin off CBCS....the only buyer I think would be CC or possibly CL..that would be the only way they really could compete. Having a major auction house offer " free" grading from their in house company might add market share to that auction house. I know at some point Ha or the owner's of Ha had some ownership interest in CGC as well as possibly CC. So, if they still do, they would be out as for purchase or merger. I think the best possibly would be a direct sale to CGC to consolidate market share.
  14. 1% max....there is no real competition on the mega keys especially since the GA market has exploded. The auction house will cover the fees whether its 5K or 50K. The higher the book both price wise and rarity and demand, the more CGC dominates. I think if Steve had kept the company and it was not part of another big company it might been given the attention needed to become a real competitor. As CGC expands, and gets bigger and better, the other guy will be farther and father behind such that the company will be an after thought if you own a great GA book. The $$$ of the CGC top 100 sales especially on Ha or CC is amazing. Look for some type of consolidation between the competitors when the other guy is most weak and with Blackstone money they could certainly just write a check.
  15. What I am saying is that given the professional level of ownership I do not think any opportunity to increase asset value will be left on the table, just because they are buying more a expensive company unrelated to collectables. I think we are going to see deep pocket changes to this company by Blackstone, with an eye on the future of either selling then CGC in a piece sale for example a HA/CC joint purchase or the entire collectable family sold at a profit above the average rate of return for invested funds to please their investors. The issue in the future is where does CGC go from here...growth wise....do not be surprised to see a spin off sub company which will compete with HA, CC and CL and knock out all the other little guys on the collectable Auction front, also look for the increase of what is collectable to be under their radar for expansion. Especially original comic art pages from comic books...it's coming especially if price growth continues. Any thoughts?
  16. 49 promise books coming up this week, next week just posted 62 for the following week if they average 50 per week, that is around 2600 in a year. Does anyone have a running total of how many promise books have sold and announced at auction so far???
  17. I think that company, which is expertly run, will maximize all aspects of their 500M purchase, which is a considerable investment given the collectable grading field. they will want CGC running on full speed, but the good thing about deep pocket owners if that have the buck to spend to make even more and make CGC even better and more dominate. I still think, Lou there is the possibility that CGC makes a pitch to buy CBCS and merge them together to control market share. However, CBCS is just not that dominate in this market even after all this time as being a competitor. The incentive early on was greater to merge because of the unknown factor of what market share will they take. When they merged or were sold to Beckett's they have in my opinion underperformed especially in the mega key grading level. Blackstone knows how to own, operate and sell a company and it appears for now that they have made a long term investment in this purchase which is good for everyone, and especially TCBC like you and me. But, Lou I disagree, these "bean counters" never leave a penny profit on the table, they are experts at profit maximization and CCG will not be looked as a gran of sand, Lou, what i am trying to say is they a "whole lot of bean counters" who would not forget anything or anybody...LOL....Look for CGC to grow....
  18. Great post> The long term GA market is rock solid, with the very limited supply as opposed to the SA market, which is bigger in size but material more available especially at the right price. That is the difference between GA and SA markets, somebody could come into the GA market promise to pay very high prices and a lot of serious GA collectors would not budge or accept. I am not saying GA is better than SA..I am saying it is different. The Promise collection has created more attention and focus on the GA comic book market in general and collectors see the rarity and age and sometimes graphic differences between Gold and Silver. As a personal preference I like GA over SA, even though I bought all the SA keys and grew up with them. But once introduced to GA and especially classic GA....I was hooked. The promise collections effect on the overall GA market will be felt for a very long time. The difference between the Chuch collection or SF is that and the current Promise collection is complete and total documentation as to each book, each condition, each sale price with total 100% access by simply looking on the HA.com Website. This documentation will provide an unparalleled resource which will be at every GA/SA comic book collector and every GA/SA comic book investor or both. The SF/Chuch collections were sold in fragments and have come on the market in the same way they were sold. John V gave it a heck of shot to try to get some of the great GA collection back together and has been recognized by the CGC as a TCBC and contributor to the comic book world. There is a trickle down effect of these Promise book prices, now that they have the hit the market with a splash. GA comic book collectors will no longer be willing to let those under copies go cheap, they will have access to the same data as the buyers. However, this raise in GA prices is not just the Promise collection but all of Wall Street types or hedge fund investors, or just plain crypto millionaires coming into the market, especially of Ultra key GA books and Ultra high grade GA books. A 9.6 or 9.8 GA book is a miracle period...and we have a very very rare and unusual time in which we are going see several thousand hit the market in the next 18 months. I think both SA and GA will both perform well, take you pick, and buy what you like, enjoy for the comic book itself, it's history and if lucky some personal meaning attached. A 3.25M GA book sale makes headlines, good for all TCBC. There is no one answer to justify the "Basis" of future price growth , it is a multitude of various media driven culture which is here to stay, a once in a lifetime GA collection kept in the memory of a military hero who died for this county, it is an influx of new buyers, new collectors, and new investors breeding new life into the GA comic book world. I say one word 'AMEN"
  19. give it your best shot...an incredible rarity.....and more books this auction up from 360 something last auction.
  20. Marvel Mystery #66 is my favorite button pusher in the upcoming auction, the 9.8 book is just "insane" out of the 412 Promise books being sold in that auction
  21. The smaller shows are certainly more GA/SA comic book friendly. By razor focusing every Ga/SA comic book collector wins and that is the advantage of the small show. The advantage of the big show is the big guns come out, such as Ha etc. I think with increased interest in our comic book world that attendance next year, if 99% virus free will be record attendance for types of shows. I agree Robo, there is nothing like going thru a box of GA "lesser" books either condition or book type and finding treasure like you did above on the PL. I hope more smaller shows pop up.
  22. Spot on comment. On a private sale, there is no necessity to sell..so you have to generate some type of attractive offer. Probably the CC client was told by the buyer to get me a high grade action 1 with price not a objective. If I had to guess at that price it was a "hedge" fund type, who just writes a check. The price paid, given the condition was a premium above what a TGCB would have probably paid. The price is paid is great for all of us, however, it could be difficult to resell soon after purchase and break even, let make a profit on that book and assuming only a 10% auction fee...that would put it at break even 3,75M assuming they paid no sales tax and shipment fees.