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Mishmashman

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Posts posted by Mishmashman

  1. Hey guys, I've had a slab for a few weeks (bought slabbed) whose certification number I just decided to punch into the CGC verification database for the heck of it and, lo and behold--it doesn't come up in the database! Holy Bat mess! It's not a particularly high value book--FMV is around $170ish--so fraud seems unlikely (I hope).

     

    I wanted to know if anyone had a similar experience. I wasn't sure if CGC could verify a slab for me that didn't show up on their online database, but I'll give them a call later on just to be sure.

     

    Any input is appreciated. Mucho gracias!

  2. Back in the 90s, Showcase New England had a full short box of copies of AF #15.

     

    That is pretty sick, Jeff. Rick also mentioned a little while back that someone has (had?) a short box of AF15s, i'm wondering if this is the same guy or not.......

     

    my friend still has over 60 copies. I have gotten 5 from him. Not scne!

     

    60 copies? I guess someone doesn't need a 401k... :insane:

  3. The arguments about SC22 peaking 4 months prior to the GL movie is precisely what I was referring to. I'm not sure how there could be a BB28 peak 4 years before a similar movie. Why would the growth have peaked so much earlier? You're using an example I think is great but using an entirely different timeline to justify stating the book is going flat.

     

    I can't explain why the book is, in my opinion, peaking so much earlier than SC22. If you look at the comparable facts between the two books, it doesn't make much sense that BB28 is now perceivably so much more valuable than SC22, aside from the likelihood that speculators are driving up BB28's value.

     

    Look at the facts.

     

    SC22 Census numbers (published Sept/Oct 1959):

     

    Near Mint 9.4 0

    Near Mint - 9.2 1

    Very Fine/Near Mint 9.0 3

    Very Fine + 8.5 4

    Very Fine 8.0 6

    Very Fine - 7.5 7

    Fine/Very Fine 7.0 16

    Fine + 6.5 13

    Fine 6.0 19

     

    BB28 Census numbers (published Feb/Mar 1960)

     

    Near Mint 9.4 1

    Near Mint - 9.2 1

    Very Fine/Near Mint 9.0 7

    Very Fine + 8.5 4

    Very Fine 8.0 15

    Very Fine - 7.5 12

    Fine/Very Fine 7.0 17

    Fine + 6.5 19

    Fine 6.0 23

     

    What's clear is that SC22 is harder to find in grades 6.0 and better than BB28, with SC22 having absolutely no copies better than 9.2 (a CLink 9.2 just sold for $66K). What isn't clear is whether JLA's first appearance is more popular and sought after than Green Lantern's. My belief is that JLA is not more popular than Green Lantern. IMO, BB28 is only more sought after now because of movie hype. Man of Steel, I believe, has only added fuel to that fire (I haven't seen it, but the movie reviews I've read have been tepid.)

     

    Many collectors/speculators think prices on BB28 will continue to go up. But when I look at the census numbers, the perceived popularity of JLA vis-a-vis Green Lantern, and the rapid increase in prices just over a one year period (a 6.0 has increased by over 80% in the last year according to GPA) what I'm seeing is, at best, the prices of this book plateauing, and, at worst, a bubble forming around BB28.

     

    When people say this book is undervalued, I just don't buy it. It was undervalued in 2010 or 2011. Maybe even in 2012. But not in 2013.

     

    If I owned a copy (I don't), I'd be selling it as I do not have much faith in its growth potential.

  4. The last comment you made is the most salient: "a butt kicking movie". That's on the horizon. As far as GL SC22 is concerned: that took a hit most probably because of the lukewarm if not ice cold movie reviews. I can't speak to which is more scarce but with the relaunch of the DC franchises after MOS the gloves are off.

    To say that BB28 won't steadily increase in value approaching a movie that hasn't happened yet vs. a plateau that was established after a movie flopped with it's corresponding book (SC 22) demonstrating marked increases in pricing prior to the movie is a bit off IMO.

    That said, your opinion is equivalently as valuble as anyone else's regarding this subject...that's why we're here speculating on the future. I agree that SC cooled off, but some of that cooling was related to the movie and other soft sales were related to the perceived quality of the book being sold. I believe there were some defects folks pointed out regarding those more recent SC sales. The defects were more probably related to the lighter sales #s as is probably the case with some of the softer BB28 sales as well.

    I don't expect every sale to be a new high but if you don't believe that this book is going to become more valuable than it already is based merely upon the elapsing of time I don't know what might convince you otherwise. That coupled with a movie that is anticipated to go toe to toe with the Avengers I feel rather confident that we're going to see more growth.

     

    My point in referring to the SC22 sale four months before Green Lantern's theatrical release was that that price was buoyed by movie hype (apparently). Prices softened on SC22 only *after* the movie came out and blew big time. I see the same hype happening here but 4 years ahead of JLA's movie release instead of 4 months. Some desperately want to pick up a copy of BB28 before prices go even higher. But what makes anyone think prices will go higher? Again, it doesn't make sense that it should be worth more than a pre-movie hype SC22 when both are just as hard to find in grade (SC22 even moreso) and with GL being arguably just as, if not more, popular than JLA.

     

    IMO, What people need to ask about this book is whether they think it's worth more than SC22 at this point. To me, the answer is a resounding no. A good JLA movie is far, far, far from a given.

     

    By way of comparison, the TTA27 hype train seems to have screeched to a halt because I suspect people are asking themselves, Do I want to pay JIM83 prices for Antman?

  5. We've seen some sales hit the stratosphere with high #s and we've seen some go for significantly less than anticipated. If there were a huge correlation between what was said here and the sales out there: many of these lower sale #s wouldn't exist.

     

    I'd have to disagree with you there. Copies that appear overgraded will not fair as well as copies that present well. Regardless of whatever else is affecting a hammer price, this will always be the case. Especially with 5-figure books, where collectors are especially particular about what they're paying for.

     

    I think a lot of the lower sale numbers are due to sellers undervaluing the book with low BIN prices. You see that with two rather low Comiclink BIN prices and some low-ish eBay BIN prices. I just dont know where the hype train on this book is going.

     

    Is this book really undervalued at this point? I don't think it is any longer. In fact, I'll wager that it's ready for a plateau and a slow decline over the next couple of years. Maybe SC22 is a fair comparison, maybe not. But I think it's logical to compare because the two books came out relatively close in time (3 months apart) and have practically identical print runs (both 412 universal as of tonight).

     

    SC 22 CGC 5.0 (just for instance) topped out in Feb 2011, four months before Green Lantern's theatrical release, at around $3900 (pq was cream). No other sale since then has come close to that number. Most in fact go for around $2300-2500.

     

    BB28 CGC 5.0 just in May went for nearly $3000 (pq was CROW). I don't see how that number gets much higher. Is JLA much more popular than GL? I don't think so. Is BB28 harder to find in grade than SC22? No, in fact, it's harder to find 6.5s or better of SC22 than BB28. And as I said, the census numbers are identical.

     

    So how exactly does BB28 see more growth over the next 6 years than it's already seen? Unless there's a butt kicking movie come 2018 or whatever, I think folks paying more than $3k for a 5.0 are drinking a kool aid they won't like the taste of in a few years.

  6. So, speculation on the 7.5 by Sparkle City on ebay? Nice PQ. Decent looking back cover for a 7.5. But most books by Sparkle City on ebay hammer for a price below market value.

     

    http://www.ebay.com/itm/Brave-the-Bold-28-CGC-7-5-1st-Justice-League-of-America-DC-Silver-Age-Comic-/350822292294?pt=US_Comic_Books&hash=item51aea35b46

     

    I am going to speculate that it goes for a steal (IMHO) at 18k.

     

    Seriously? $18K? Sheesh... a 7.0 just went for under $9K in May.

  7. It would be cool, no doubt. I've always been a big fan of Flash. I think the best rendition of the character's powers came from the hands of Carmine Infantino. He devised a way to portray the Flash moving at super-speed whereby you saw what appeared to be "still images" of the Flash as he moved along, giving the illusion that he was there inside the blur of colors working his magic. No one ever did a better job of portraying the sense of speed that Carmine was able to. I'd love to see them refer to this when they set out to develop the CGI "look"of the Flash traveling along at super-speed. If they can nail that look, they will have a great portrayal of Flash and (if the -script is worth it's snuff) a good movie.

     

    Would Quicksilver's role in Avengers 2 dim the glow of any Flash movie?

  8. Mark's an awesome seller. Book came accurately graded, well-packed (packed one raw book in a box--with PEANUTS!--WHO DOES THAT?? well, I would, but still...), and was quickly shipped. And he's a great guy to boot. Would definitely buy from again. Was very happy! Thanks, Mark!