zen514

4 hours ago, LDarkseid1 said:

Next August auction where?

Comicconnect

4 hours ago, Bronty said:

I agree.    My gut is that a front cover is worth maybe 125k by itself.   I'm not in the market for action 1's nor do I follow it that closely, but that's the angle I come at it from, which kind of lines up with what you're saying, just from a different approach

an unrestored yes... a extensive restored no

1 hour ago, bluechip said:

It seems odd that a book would be extensively restored and yet still missing a big chunk of the corner.  If it's extensive anyway why not replace the corner?  Because the way the grades are determined and the words are used, none of the grades or words would change.    IMV the words should be different, but there is so much pressure to treat all restored books the same and all poor books the same that you can have a .5 restored Action 1 which is pretty and barely missing anything with color touch in corner and maybe a tiny bit of removal rice paper, or you could have a book that is ugly af brittle and missing chunks of key panels with a horribly faded and stained cover and scribbling all over superman's face.   But you might not get a clue about those differences from reading the grade or the resto designation. 
.

4 hours ago, AnkurJ said:

For all we know the person who has the coverless bought it years ago for a few thousand dollars. So his total amount into the book will not be much more than the high bid. To either remove the resto or fully restore it may cost another $5k.

So let’s say it goes for $250k. The total the winner may have into it could be around $260k for either a 1.0 qualified or a 6.0-8.0 extensive? Price doesn’t sound too crazy anymore.

2 hours ago, James J Johnson said:

My feeling is at least 250K to stand a chance to take it. As Tony Montana said, "That a lot of yayo".

Hahaha!! indeed 

23 minutes ago, fishbone said:

yes, noticed that. But I would hope that bidder on a six-figure book would know that no way this is a slightly restored book. But certainly it was originally  a tad deceptive. 

Yes. Glad it wasnt just me.

In my book Action 1 is slightly more valuable. But thats just me. im not the market. Good for me then since I realky love tec27.

Yeah. Indeed but I hope so too but maybe there some people 100k is like 100$. Comic book market is getting closer 1/100th closer to the art market

15 minutes ago, G.A.tor said:

yes, I used the term likely because this individual is quite wealthy and wants to win the book...in the past, he generally wins at an alarming rate...that said, there are unknowns out there that might still outbid, so I can only state that I would put my money on him, though with an auction, no one "should" know the outcome in advance

 Close to 200k

3 hours ago, G.A.tor said:

 I am guessing 200 K is a  strong possibility maybe even probability 

If Gator  says high  200k is a strong possibility then it is and I stand corr eted thinking it was a low 120-130k

13 minutes ago, sfcityduck said:

It is authentic and original (e.g., not a counterfeit or reprint).

And they have modified the description in the Q&A from "slight" to "moderate/extensive."  You need to read the whole description.

Yes convienent in the Q&A  and nit the description. Also the Part lf leaving it innits natural RESTORED was removed. Nonetheless i do understand that they are trying to market the book. 

They say 4-5 which is moderate extensive them say SLIGHT

Also they removed the Natural state

is proud to offer this AUTHENTIC AND ORIGINAL Action Comics #1.

3rd party grading would call this a .5, incomplete with (slight restoration) color touch, cover cleaned, reinforced, pieces added and staples replaced.

1 minute ago, James J Johnson said:

if the winner is the consistent under-bidder, the new ebay account with one feedback? That's quite a prognostication, right down to the minute details! Can you predict the outcome as accurately at the roulette table?

I agree... Sophiscated buyer would buy a completly restored book. Theres a great  Action 1 coming up on comicconnect.

Btw they removed prefer leaving it kn its natural state comment.

also these comments are misleading:

With values of Action #1 increasing over 20% year over year, that comic would sell for nearly DOUBLE just 4 short years later

On 6/15/2018 at 2:30 PM, woowoo said:

No really. I find that low grade keys restored sell for just a little less than higher grade restored keys.

https://comics.ha.com/itm/golden-age-1938-1955-/detective-comics-27-dc-1939-cbcs-restored-vg-45-extensive-amateur-off-white-pages/a/7124-91043.s?ic4=ListView-ShortDescription-071515

$167,300.00

https://www.comicconnect.com/bookDetail.php?id=756550

$242,000 

look at the clink Bat 1

http://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FPREVIEW.ASP%3Fcode%3D2018june%26session%3D2%26pg%3D2%23Item_1258217&id=1258217&itemType=0

16k for that beater

I do agree with you on most of your post the   (True, but let's be honest.)    well... we can see what they're doing instead  

Indeed moderate extensive 0.5 missing cf and the wrap after that is split.... Also we dont know if the pages were treated.... large piece added, moderate color touch, Cover cleaned... Im leaning  towards extensive 

unslabbing or not grading this one is a uneverving especially them calling it slight resto. 

Newbie with money would be fooled.

This shall be an interesting auction. Ill be keeping a close on eye on these.

58 minutes ago, James J Johnson said:

Not getting paid is the least of their worries. Unless they know the winner, and have a solid track record of successful sales to him under their belt, the real worrying starts the minute they send it! From that point on, their fate is all in the buyer's hands. Claim, dispute, chargeback, at any time up to 6 months when paying with paypal. Too expensive an item to take a paypal as payment risk with.

Agreed but also restarting an auction impacts the price the second time around. Yes!! A chargeback would be horrible!!!

1 hour ago, James J Johnson said:

I agree. But $150K purchase? On ebay? Getting that $150K bid is going to be a lot simpler than actually getting paid the $150K! Ebay and Paypal would be among the last entities I would entrust this sale to: Why?

The buyer is always right. But what if something goes wrong. With the delivery, with a return, with anything. A chargeback, a paypal claim for item not described or received?

In my opinion, this seller's greed, his cracking it out and going the ebay raw route has opened him up to risks that he wouldn't have had if he left it slabbed and sold it through Heritage, Connect, Link, etc., as a slabbed book.and let them handle the responsibility of buyer fraud on an item like this.  

 

I agree. Also Non paying bidders etc.... Auction houses can cancel bids from people who have no prior large dealings or cant verify fund. This ebay auction anyone can bid. Thrill bidders paradise!!

47 minutes ago, LDarkseid1 said:

I’m going to keep you in mind sir. I very much hope to have the cash needed someday soon for that. But if you ever come across a coverless copy missing one wrap or more please keep me in mind! That would be up my alley now.

4 minutes ago, LDarkseid1 said:

Where have you seen a coverless missing the centerfold go for $35K and under? And not because I’m doubting you, but I’d like one lol. I’ve never seen one go up for sale auction at least the last few years. I know a coverless complete sold somewhat recently by way of private sale for $80K or $85K.

Comicconnect  in march a Tec27  Jerry Robinson copy to boot!!Signed and his personal copy.

also private sale last week slightly over 30k missing cf cream to off white pages.

Btw. If you have a cash buyer at 100k i have access to Action 1 coverless complete off white pages no resto. To you or any other boardie.  

So public is a hard  real sale and I can offer one for 100k now for any takers.

1 hour ago, Robot Man said:

Not saying that centerfolds don't matter at all. Without it, the book is incomplete and poor. HUGE money difference. What I am saying is that on this book collectors are after the first Superman appearance. This is all there. In a very respectable looking "poor" condition, this is a very affordable alternative. For the money, most can overlook whatever the insignificant story is that is incomplete. Nice pages, basicaly, un-restored and very presentable like this one, many, including my self, would be very happy to own it.

I would be too but would pay what I think its worth. Its moderate to extensive and incomplete 0.5

12 minutes ago, Action252Kid said:

Many people have tossed around the idea that a complete, coverless Action 1 would bring $100k+ lately -- would you rather have a complete coverless copy or this one (covers but no centerfold)?  It seems like the obvious answer is this copy, so the quick $100k start doesn't surprise me.  

I was one to say that but we all meant in a few years 3-5 if the market keeps rising. Its already about 70k for a complete and missing cf are selling for 35k and under. All super presenting ones. 

The cover on this book is extensive. slight never has spine work, etc, etc. Maybe moderate at best. Thats why they didnt send to cgc. Not as sexy when its moderatee extensive amateur.

100k makes sense. Im saying this cause im an actual potential bidder that could do it now.

I would just buy an 8.5 moderate 242k Instead of this extensive 0.5 at xxxxxx

I also thought 100k max since Just this week the TEC 27 8.5 moderate sold for  242k with 6 months time payments. It was complete. The centerfold is not about Slam bradley... Its about having a complete book. With the centerfold... Good lick finding and for a hefty price for sure: 35k -50k... You are left with and extensive 5.0     

So at the current 100k its already 135k150k. Centerfolds mater!! Its about having the complete book.

At 100k makes sense. Over that its someone with not enough patience or knowdlege of current market. Better to wait for an extensive complete 5.0 at 150k  with a 6 month payment plan from Comicconnect.

8 minutes ago, Dark Knight said:

A complete coverless copy with no issues to the pages such as any brittleness, pieces missing, tape, etc will command fairly high in my opinion though. With the huge popularity of Batman and more movies in the works, etc etc I can see $100k in the near future.

 I completly agree. When a superb copy no missing pieces or page,  tape, rusty staples, resto, everything attached.... It would be a 100k copy in a not too distant future.

7 hours ago, quicksilver said:

I would say around $40 - $50k in today's market considering recent sales.

The Jerry Robinson Copy missing the CF  signed and that presented better no tears or chunk off the cover sold for 34.5k

The DC file copy sold for 41k missing CF badly trimmed and spiral bound. 

Both those copies are Special and get a bump like the Mile High pedigree, etc.

Dark Knight whos has a great wealth of Knowledge said 25-30k

Also. Multiple copies of coverless have hit the market!! thered a missing CF copy in the next august auction

I perfctly presenting non pedigree complete with CF would Sell for 50-60k

However. Longterm a grear stable longterm investment that you can enjoy!

First apperance of Batman!