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whomerjay

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Posts posted by whomerjay

  1. On 11/2/2023 at 9:38 AM, Northwest said:

    FF48 seems to be on a multi year decline in price. While it is selling, this suggests qSupply is trending ahead of qDemand. (Utilized 4.0 since its the most common, price patterns also show in othet grades)

    Screenshot_20231102-063400~2.png

    I love Surfer and love this book but its supply is huge; the recent prices on this book boggle the mind.  A few years ago (3?) I remember a raw legitimate VG FF48 lingering for weeks here on the boards for $75.  That reflected its supply.  

  2. From:

    NGC Statement <accounting@ngccoin.com>
    To: xxx
     
    message content:
     
    Attached is a copy of your statement.
    Please review and if you have any questions or concerns, please contact us using the information in the attachment.
     
    It looks legit and running mouse cursor over the address still says accounting@ngccoin.com
     
    Except I have never done anything with NGC and there's no reason for them to send me a statement.  Hopefully this is not a conscious decision by our hosts to email us, or hopefully not a result of a hack. 
     
  3. On 10/22/2023 at 11:52 PM, MatterEaterLad said:

    I see this all the time. Big auction houses bringing in hefty prices while virtually the same book sells at almost the same time for 20% less on eBay. But WOW, that's a huge difference. In related news, I've been picking up bargains on eBay for the past month. Big buyers giving up on that site?

    Poor choice to sell a book like that on eBay. Fees, potential for chargeback, book gets lost/damaged. Buyers factor in the risk in their bid as well.

  4. On 10/18/2023 at 8:54 PM, sfcityduck said:

    My comment is largely tongue in cheek. I know that Edgar was a commercial artist with apparent aspirations to do comics and pulps illustrations. So I tend to think that he loved art, and viewed his comics as reference works as well as, at least in part, entertainment. What is not appealing about the Church story is that he apparently valued his comics over his kids from what I've heard, and the family could not wait to get rid of them as a result. It is not a story which I view as a positive association. I have the same reaction to that newly designated "collection" that the kid is using as documentary fodder. That collector and Edgar chose comics over his family and that's just not a choice I'd make. I also just find it a bit weird that we call certain collections after stores or places when we know the name of the OO, yet for a collection that came out as the Mile High collection and was famous for years under that moniker, a strong move was later made to rename it after Edgar Church. I guess Chuck alienated others or they think he's too colorful. But, to me, Church's story doesn't really add much value because he was an isolated, and perhaps an alienated, guy who never appears to have joined comic fandom despite his apparent infatuation with comics (for whatever reason). Chuck's story does resonate with me though because it was a pivotal moment in comic fandon/dealing history and that collection was the Mile High collection in my youth (and Chuck's ads for more modern comics helped me grow my own collection). So I'm good with using "Mile High" as the moniker (and Cosmic Aeroplane, etc.) despite we know the OO's name, just like I am with using Promise, Chinatown, etc.

    Not clear whether Church was a bad dude, more likely he wasn’t the ideal family man because he favored his work, for whatever reason. Not uncommon.

    Chuck, in the other hand, fleeced the Church family. At least that’s my understanding (I’d love to be wrong). If I encountered a collection a tenth that size, I’d have to give the family something more than…essentially nothing. 

    I never understood why so many say the find is such a great story when at its core it’s a naive seller getting fleeced by comic book guy. Interesting, but not great.  

  5. If this book is raw, and is an expensive book, it brings up the question of whether it is “worth it” to get it slabbed.

    CGC is charging what- 3% of FMV?- to slab expensive books. I imagine that is a deterrent to getting some books slabbed. I really don’t get that pricing policy; it’s not as if it costs them extra to grade an expensive book. 
     

  6. On 10/6/2023 at 3:12 AM, jimjum12 said:

    ... There are actually services that have been in place almost as long as CGC has been open, that specialize in culling raw 9.8's, slabbing them and provided to people who have subscriptions for a 9.8 of each new issue of a title as it is released. This is a large but quiet part of the hobby. These are as much true collectors as anyone, a vestige of the original "run collector" who just wanted one of each of something they loved. This existed outside of the "value" system in place today ... the "what is my book going to be worth?" ... this is a growth of a person going to the LCS or Newstand and grabbing the prettiest copy of their favorite runs to add to the rest. We've been reading Market Reports for so long now, we have forgotten about the guys who gladly paid a thousand times cover, just so they could have the ones they missed, no thought at ALL about ever selling it. In essence, if we reject the 9.8 market, we reject what made the comic hobby robust and vibrant all along. The type of collector who seeks out just any shape is probably in the minority if we're talking percentage of total head count. GOD BLESS ...

    -jimbo(a friend of jesus)(thumbsu 

     

    ...I'm not sure what the 9.8 subscription service costs now, but I think it was $35 per, or something like that, when it started. The new distribution through Penguin makes multiple raw 9.8's unlikely. Product damage with today's output is VERY common, at least around here. 

    I thought those CGC 9.8 services were  used mostly by those looking to sell them. At least I assumed that was the logic behind the business. 

    I imagine there are a lot of collectors who want their collection copies of relatively new books to be CGC 9.8 slabs. And there is an obvious appeal to this, in addition to making the entire collection very liquid when it’s time to get out.But everything (new) I have bought for my collection since the late seventies is sitting raw in a box. Most are 9.8s. I love the the idea of not having spent thousands (more like tens of thousands)on slabbing,  and can store 5 times as many books in the same amount of space. And of course read them if I like.

    another thing is I hate the idea of buying a book for my collection that may have been pressed. I don’t think anyone knows for sure what the long term effect a press has on a book (the proper experiment has yet to be done or has concluded) but it’s a horrifying thought that pressed books will start to show press-induced flaws over time. 
     

  7. On 10/3/2023 at 10:23 PM, Point Five said:

    BLUE RIBBON COMICS #15 in .5. Complete coverless copy from this scarce, red-hot MLJ series. Hitler and Goebbels appear in the Mr. Justice story! Nicer than average for a 1941 coverless; outer wrap has some wear as shown but that's about the worst of it. Supple offwhite pages.

    $80  
     

    blueribbon15.thumb.jpg.4bd68a1d107e672b4a5d49d17816fc7a.jpg

    If no water damage or foxing I’ll take

  8. On 9/22/2023 at 10:54 PM, tth2 said:

    There's a Promise Jungle Comics #133 (CGC 9.2) in this week's Heritage weekly auction.  It previously sold for $1800 in April 2022.  What will it go for now?

     

    $1000.

    i think you mean Jumbo 133.

    And IMO that still seems too much given the history of all sales of Jumbo/Jungle/Fight etc.  But who knows, 2 bidders might get into it over a HG FH GA GGA with nice pages. Nice book, a keeper. 

  9. What the impact of various missing whatever is on value (being what you can sell it for) seems to be a question few have a good handle on. Sometimes I see what appears to be ridiculously low or high sales prices (and asks) for various incomplete books or parts. Probably because not enough data out there. Coverless books account for most of the data, so the market seems to have the best idea with these.

    i personally think many books take too big a hit (realized sales price) for a missing centerfold, page or piece, and IMO adding a repro replacement part to complete the book should often bring it to a value greater than 0.5, with an obvious qualitative qualifier. And books with married parts attract me; a books that presents as 4.0 with a married piece is often more desirable to me that a lot of 2.0’s with certain defects.

  10. On 8/24/2023 at 12:46 AM, lou_fine said:

    Well, looks like you and Cat were both bang on as it sold for $16,675 or almost 60% more than its initial go round of only $10,500 back in 2021:  :applause:

     

    Not an expert in GA Cap pricing but a special book like this even in low grade seems like it should command more than 10K especially a pedigree that presents well for the grade (a rare thing to say about a Promise).

    However, once you factor in buyer fee for original purchase, then seller fee for this sale, what is the actual net?