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Posts posted by khoo75
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Just landed a Promise Xela book. If you like unboxing videos and Xela, you might like this one :-).
- thunsicker, Cat-Man_America, mwotka and 2 others
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Dang...That All Select 10 is crazy Straw-Man. Awesome thread btw!
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On 5/25/2021 at 10:06 AM, Angel of Death said:
So not "all other things", just the other 2 from your video?
1. The concept of "all other things being equal" is used frequently in statistics and economics. Google it. It's a shorthand way of conceptually trying to isolate the effect of a particular variable on another (in our context the isolated effect of rarity on comic book price). In my example to you, I listed the two most salient factors that need to be held constant (notability and condition) to think about the relationship between rarity and price. I'm guessing you know this but are just giving me a hard time.
2. If you think my video and comments are not as good as you could do them, I invite you (or anyone) to create your own video tutorial on how to value comic books. I promise I will treat you with more respect than you've treated me. [Side note: For all those folks who have given feedback and criticism in a constructive spirit. Thank you. Truly appreciated.]
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20 hours ago, rakehell said:
Nitpicking alert! UK Pence Price Variant, thank you very much.
Interesting note about rarity - the UK pence portion of the original print runs are estimated at anywhere between 2 & 10%.
Title Avengers Issue No. 1 Issue Date 9/63 Year 1963 Publisher Marvel Comics Country Key Comments Origin & 1st appearance of the Avengers., Fantastic Four, Loki &, Teen Brigade appearance. Art Comments Stan Lee story, Jack Kirby & Ayers cover & art Country/Variant - Grade Universal Qualified Signature Series Restored
See DetailTotal Mint 10.0 0 0 0 0 0 Mint 9.9 0 0 0 0 0 Near Mint/Mint 9.8 0 0 0 0 0 Near Mint + 9.6 5 0 0 1 6 Near Mint 9.4 11 0 0 0 11 Near Mint - 9.2 14 0 0 4 18 Very Fine/Near Mint 9.0 20 0 2 9 31 Very Fine + 8.5 45 0 3 16 64 Very Fine 8.0 49 1 5 16 71 Very Fine - 7.5 76 0 10 25 111 Fine/Very Fine 7.0 124 4 8 23 159 Fine + 6.5 143 0 6 38 187 Fine 6.0 149 3 18 47 217 Fine - 5.5 152 3 21 33 209 Very Good/Fine 5.0 248 6 26 56 336 Very Good + 4.5 289 7 43 47 386 Very Good 4.0 357 7 50 66 480 Very Good - 3.5 319 8 55 61 443 Good/Very Good 3.0 384 6 59 66 515 Good + 2.5 260 3 51 44 358 Good 2.0 201 1 40 36 278 Good - 1.8 117 1 28 18 164 Fair/Good 1.5 138 1 27 22 188 Fair 1.0 90 5 23 19 137 Poor 0.5 96 4 26 27 153 Total 3287 60 501 674 4522 Country/Variant United Kingdom - U.K. Price Variant Grade Universal Qualified Signature Series Restored
See DetailTotal Mint 10.0 0 0 0 0 0 Mint 9.9 0 0 0 0 0 Near Mint/Mint 9.8 0 0 0 0 0 Near Mint + 9.6 0 0 0 0 0 Near Mint 9.4 0 0 0 0 0 Near Mint - 9.2 0 0 0 0 0 Very Fine/Near Mint 9.0 0 0 0 0 0 Very Fine + 8.5 1 0 0 0 1 Very Fine 8.0 1 0 0 0 1 Very Fine - 7.5 4 0 0 0 4 Fine/Very Fine 7.0 3 0 0 0 3 Fine + 6.5 3 0 0 0 3 Fine 6.0 1 0 0 0 1 Fine - 5.5 5 0 0 0 5 Very Good/Fine 5.0 0 0 2 0 2 Very Good + 4.5 5 1 0 0 6 Very Good 4.0 8 1 1 2 12 Very Good - 3.5 12 0 0 0 12 Good/Very Good 3.0 1 0 0 1 2 Good + 2.5 7 0 2 0 9 Good 2.0 5 0 1 0 6 Good - 1.8 2 0 0 2 4 Fair/Good 1.5 2 0 0 1 3 Fair 1.0 0 0 1 0 1 Poor 0.5 1 0 0 1 2 Total 61 2 7 7 77 Based on the census, the UK Pence Price Variant represents 1.7% of the total graded by CGC.
Value-wise, you're pretty close -
£1995 x 1.4 current exchange rate = $2793. Based on the scarcity of the UKPPV compared to the US cents standard, this should have a 0 on the end. But the market doesn't value this particular scarcity. It's starting to, but...
Loads of market discussion nearer to the end of this thread.
Still, good video. Very thorough & entertaining.
Rakehell. Thanks for the thoughtful post, and appreciate your sharing the Marvel UK Price Variant thread. I'm looking forward to digging in.
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2 hours ago, KCOComics said:
I watched the entire thing.
Honestly, that was really thorough and I appreciate the work you put into it. Very well put together and it's clear. There are so many factors for a new collector to consider that I can see this being a useful resource.
Feedback:
1.) I agree with others that rarity doesn't = valuable. You did touch on this when you talk about bringing the 3 factors together to determine value, so I don't think it's a glaring omission.
Maybe including an example of supper rare Western GA that no one wants would be illustrative.
2.) You put your elbow on the Avengers 1!!! I couldn't take my eyes off that!!! Oh wait, it was a UK edition, nevermind, carry on.
3.) I could do with slightly more cowbell! Matt Baker and AF15 are deserving of cowbell moments everytime they are mentioned
Great video and great books! Thanks for sharing!
I appreciate the feedback KCO comics!
Agree that a counter example might be nice, a golden age book no one cares about. I love your dismissal of the UK Avengers 1
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2 hours ago, ThothAmon said:
Fun video and well done. I’d agree with much of what you said in terms of how to analyze prices. Pretty wishful thinking on the Seven Seas imho. Of course Angel of Death is correct that without demand rarity is inconsequential. However the same could be said for the inverse. Oxygen is an extreme example of what I’m talking about.
Thanks for the kind words ThothAmon!
Nice oxygen analogy too.
Agree that my valuing of Seven Seas is on the optimistic side. A 4.5 sold for $9900 a couple years ago. I think a 6.5 would likely hit in the 15k to 20k range if sold today :-) But, as you said, it's so tough to discover the prices of rare books.
For my sake, I sure hope golden age books are more bubble resistant :-)
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53 minutes ago, Angel of Death said:
What would comprise "all other things"?
Sure. Happy to elaborate. In this context of holding all other things equal, I'm referring to the other two factors (notability and condition). Let's take Action Comics 1 and Amazing Fantasy 15 for example (sky high notability). And, let's say we were to look at a 5.0 copy of each (same condition).
- Similar demand/notability (really tough to equate these exactly)
- Same grade
- Huge difference in rarity: Action 1 far rarer than AF15.
That's why an Action 1 at a 5.0 would approach a million dollars while an AF 15 at 5.0 would be in the 50k range.
I conceptualize all three factors this way. Every combination -- of hold two constant, and raise the other -- works this way.
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25 minutes ago, Angel of Death said:
"Rarity" doesn't matter if there is no demand for the "rare" item.
No doubt and good point. Many rare golden age books aren't worth that much. That being said, all other things being equal, rarity will increase value.
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My friends asked me to create a video on how to value a comic book. This is my take on it. I hope it is helpful to you. And, if you are a comic book veteran, please share your advice.
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I thought a few folks in this section might appreciate the book and commentary. Thanks for stopping by.
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I'll up the ante for Going Steady #14. Let's go to $350.
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9 hours ago, adamstrange said:
I guessed Fantastic 3. You opened the wrong book.
Of the books featured in the thumbnail, I like Fantastic 3 the least. Heresy to many, I know! That said, I wouldn't turn down a copy.
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4 hours ago, Professor Chaos said:
Wow Awesome Books. Can I ask where you get those easels? The ones I have are too flimsy.
Hi Professor Chaos. Good question. No easels were used. I superimposed scans of the books onto the screen via WeVideo (video editing tool). The AF15 image in the background is a cheap metal tin sign.
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I agree that the internment angle contributes to the premium for Okajima books in that time period. But even without the internment angle, do Okajima copies sell for a premium?
The one copy I own from 1949 is exceptionally fresh, the whites on the book are brighter than any other golden age book I own (including a few Mile Highs). Are other Okajima copies also exceptionally fresh?
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On 2/25/2020 at 11:05 PM, Point Five said:
Take per PM! Thanks Jon.
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thread closed
in Golden/Silver/Bronze Age Only
Posted
Take!