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GlennSimpson

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Posts posted by GlennSimpson

  1. On 4/1/2022 at 6:48 PM, Sold! said:

    Where's the "ton" of archival tape? Inside only? That DD doesn't look tattered either (shrug) It might be a Blue because he used fancy scotch tape that's not comic book archival or professional (meaning reversible).

    It's the only thing holding like 3 of the spreads, including the cover, together.  It's even on the outside.

    Looks pretty bad to me, maybe it doesn't meet your definition of tattered (but then, I don't think books in "Good" condition are in good condition).

    And I specifically mentioned archival tape in my original post.

    So everybody keeps acting like the "Conserved or Restored" is some sort of obvious thing, when a) this guy used far more tape than I mentioned and didn't get Conserved or Restored and b) the release about Scotch tape doesn't mention Conserved or Restored.  

     

  2. The other things is, I can read the following (from the CGC announcement) two ways:

    "...CGC will modify its grading standard and ignore the presence of tape if it serves a function (such as fixing a tear or spine split) and instead grade the book as if it was not present. Therefore, any existing defect will be graded accordingly. "

    So there is a tear, with tape holding the tear together.   I read the above as either:

    a. They grade it as if it has the tear, but don't take off additional for the tape.

    b. They grade it as if it doesn't have the tear, since the tape is fixing it.

    I assume the former, but it's not clear.

  3. I do have a box of everything $21+ (which is the point at which I have around ~300 books so it all fits in one box, used to be $20+ but had to pull some as I started pressing and generating more that qualify).  I have thought about doing the next box (I'd have to see what the numbers would be, like $17-$20 or something).

    The insurance company has never said anything about requiring photo evidence, but it certainly couldn't hurt.

    I spend a lot of time going through my comics anyway.  In the old days it was adding content and creator information to online databases, now it is grading and other things.  So dedicating the time isn't too much of an issue.  Just mainly that 9.0/9.2 break that is frustrating, along with some flaws that are unclear in terms of ramifications.

     

  4. 11 minutes ago, thehumantorch said:

    Okay, now I understand why you're trying to grade and value your collection.

    There's more information on comic grading today than any time in the past.  A youtube search gives us many results. 

    https://www.youtube.com/results?search_query=how+to+grade+comic+book

     

    You could spend days watching videos and you'd likely be more confused than when you started.  We're never all gonna agree on how to grade a book and any fool can post a video and some do.  There's a lot of bad information out there.  CGC is an attempt to standardize grading.  Overall they do a decent job but they aren't perfect and there are many resubmitted books that come back a different grade than the original.

    To be honest I wouldn't insure a collection of low value books but since that's important to you I see no option other than to grade each and every book.  I would expect that the insurance company would require a list of books and condition of each book if you were to make a claim.  I'm not sure how they would respond if you sent in a list and an average grade of say 9.0.  I'm also not sure what the insurance company would pay out if you made a claim even if you had sent in a de"tailed list including grades.

    would want my wife to be able to show a potential buyer an impressive amount of information."

    If a potential buyer looks at your collection your impressive amount of information won't matter.  For a large bulk collection you'll need to find a dealer or someone willing to act as a dealer.  Expecting him to inventory and grade tens of thousands of books worth $4 or less in guide is a mistake.  He will flip through the boxes, look for books of significant value, get a rough indication of grade, and make an offer of approximately 10 cents a book for the bulk.  Trust me, I've been collecting for 40 years, selling at shows for 14 years and I've bought dozens of large collections

     

     

     

     

     

     

     

     

    I'm very familiar with the information on grading on YouTube, but those are all extrapolation around CGC grades, not Overstreet.  There's not much of anything where people are specifically zooming in on books and showing flaws and correlating them specifically to Overstreet grades.

    As for insurance, I am already grading the entire collection, that's kinda the point.  The insurance company would indeed require a list of comics and their grades.  My understanding is that I would give them the list with the grades, and obviously the amount that they were insured for, and they confirm if that amount was reasonable (although the problem is they will not reveal ahead of time the method they use for that evaluation).  There are some additional statements about what would happen if there was a disagreement on the amount, involving hiring other appraisers and some such.  Thus I am having to make some guesses on how much to insure it for - not too much or I am wasting money, too little and I am losing money later.  I've been buying about 75% of DC and 50% of Marvel's output for the last 40 years or so, it seems unreasonable to just completely let all of that get sunk in a fire.

    I am also well aware of how it would go if someone was coming in to buy.  I still, out of pride if nothing else, would like to have them all accurately graded and valued.

    I guess I am in just a weird sweet spot between investor and collector and reader.

  5. 8 minutes ago, William-James88 said:

    Doesn't the guide provide a bunch of images for each grade? I used the guide when I worked for a jeweler who sold other valuables on ebay, such as comics and I felt it was enough. We never had anyone coming back to us saying the grade was wrong.

    It does, but they don't really "zoom in" to indicate the specifics of the flaws.  

  6. 1 minute ago, William-James88 said:

     

    Yeah, that sounds about right. But I would still use Overstreet for that 3rd point just because you can't lose by grading conservatively and in the end none of us actually know CGC's standards.

    Yeah, which makes it ironic (although also understandable) that all of the deeper information available outside of Overstreet grading guide are actually attempts at interpreting CGC rather than trying to further explain Overstreet's.

  7. So perhaps the bottom line is:

    1. There are some differences between Overstreet and CGC grading standards

    2. If you are going to leave books raw and present them for sale or insurance or whatever, you need to use Overstreet's standards.

    3. If you are going to have the books slabbed and are seeking to just evaluate them beforehand, you need to use CGC's standards.

  8. On 1/26/2021 at 6:49 AM, William-James88 said:

    That's not the case. If it's a 9.2 overstreet then it could also be a 9.2 CGC.

    If you aren't submitting books, then the CGC grade doesn't matter since it only applies to slabbed books. 

    Just focus on the overstreet grading guide for those. 

    That's an interesting line of thinking.  In terms of online grading training/discussions, there is a trend towards "this is how to grade so that you can try to determine what grade CGC will give", although there is other content simply saying "this is how you grade comics" but still using CGC examples.