I don't agree. I'd priced it about $40 below recent eBay auctions. I even included a link to said auctions. It might have been steep for a dealer though. That I could see. For the boards? I thought it was a good deal.
Oh and I'd add: A lot of them didn't even ask a price. I believe I spoke with 5 dealers. One didn't have his partner who was in charge of CGC books. One was up for trading but my price was too high. We discussed a trade but he only had one book I wanted that was way below the value. The other 3 were not interested outright. I never even gave them a figure or showed them the book. One of the 3 had a raw Invincible that I was clearly going to try to flip it in to and they wouldn't even discuss it. They had the Invincible priced at $125.
So you can say what you want, but right now this book is a niche book, IMO. In a year or two I could see it changing, but as of right now I'm not sure I'd invest in regular 9.8s of issue 1. Like someone just bought 8 copies of issue 1 over in the marketplace. That money, again IMO, could have been better spent on an RRP which seems to be dropping in value now. I'd imagine it will spike again.
CGC is the niche, not Saga. You essentially wanted a graded price and in your example wanted to trade for a raw book. There are a number of dealers that simply will not pay a premium for graded books. They just don't sell at conventions like raw books. Had you offered the book as raw trade value (plus slabbing cost) then you may have had better luck. As far as selling here what did you price it at?
I was thinking the same thing Jeff as I just sold a raw 9.0 copy for $95.
Prices are starting to head north...
http://www.ebay.com/itm/SAGA-1-CGC-9-8-Brian-K-Vaughan-Fiona-Staples-IMAGE-/261277037752?pt=US_Comic_Books&hash=item3cd55334b8
you shouldn't have any problem get rid of it. unless deep in your heart, you still find love for it.