Professor K

 Ok, thanks both of you. I ask because I just looked up about 30 sales of MC 1 on Heritage and only saw 2 October issues. based on that can it really be said the there is no difference in "market price" between the two? Not than anyone has said that there would be.  Kind of like an Insufficient Data situation. According to these folks the print run difference is 80,000 Oct's and 800,000 Nov's. Pretty huge difference. 

https://www.comics.org/issue/1027902/

Only reason I'm bringing it up is because they say the print runs for Sup 1 were 500,00, 250,000, 150,00. Assuming only the first run has the June 2nd ad  that's pretty close to equal amounts of each two versions. https://www.comics.org/issue/470/

I kind of lost my point now but regarding how this will play out over time I'm pretty much thinking like jimbo again about this. I'd take a lower graded June 2nd copy over a higher graded Now On Sale. Not a 4.0 opposed to an 8.5 but close.   And I don't think many people fortunate enough to have a copy are going to get their book reholdered if and when they sell it, other than some who know they have a June 2nd copy.  So who knows how it will go from here. You're probably right, highest grade will be what matters most to most people. 

On 3/27/2024 at 1:42 AM, Aman619 said:

but there's so few high grade copies, so would a buyer choose a first printing 6.0 over an 8.5 later printing?  I think there may be a difference the same grade for one or the other, but condition should rule the day in sales pricing.  Lets say the 8.5 is a Now On Sale/3rd print, and the 8.0 and 7.5 are June 2nd.  Wouldn't everyone want the 8.5?  Or, what is in this scenario, a 7.0 is first print... and the 8.0 and 7.5 are Now On Sale copies -  would a 7.0 sell for more than the 7.5 and 8.0??   With so few copies in the top range, Id be surprised at a lower graded copy surpassing a higher graded copy.  Probably a 2.0 June 2 might fetch a bit less than a Now on Sale copy.

On 3/27/2024 at 1:45 AM, sfcityduck said:

I think it is will be just like MC 1 Oct. and Nov. copies.  The highest graded is a Nov. and that will trump all others. But, an Oct. copy is likely to have more value than an equivalent Nov., right?

Just to be clear do the October copies of MC 1 actually say Oct. on the top right? To be honest I never paid much attention but now that I look all I see is Nov. written on every copy I just looked up. Do they all say Nov? And if so how can you tell the difference, especially if it's encapsulated? 

On 3/27/2024 at 8:15 AM, pmpknface said:

I'd only put it up there if you really want to get rid of it.  I'm guessing $20k+, but that's just me.  Restored or not it's still a 6.0 and is purty!  

Hey there, 20k+? Thanks but it seems that Blue label 5.0's are going for nearly 20 and Blue 6.0's about 20 to 25k. I appreciate your positive vibes though. . 

Normally I would never put forth such a query but the title does say actual pricing. So how much would my 6.0 OW/W B-3 go for these days? I really have no idea. Maybe put it on e bay for 20,000 or best offer. 

On 3/26/2024 at 2:12 PM, jimbo_7071 said:

Some people might want to know which copy they have, for better or worse.

Of course, people who already know that they're holding a copy that reads "On Sale Now" probably won't be sending their books in any time soon.

On 3/26/2024 at 2:59 PM, Mmehdy said:

you know what that is gonna due to the value of those books the first printings go up and the 3d go down...also CGC offer to reholder all graded superman 1 copies...restored or not with the proper label...Overstreet is a nice blast from the past...this is 2024.  Put it on the label not the notes

On 3/26/2024 at 6:10 PM, Dark Knight said:

I feel that with the new label notes for Supes #1, first printing might get a slight premium in value while second and third might remain the same value as how it is. 

For me personally, yeah it's cool if I owned a first print, but I wouldn't mind if I had say a second or third print... 

You guys have a zillion times more experience in all this than me but I'm leaning toward Mr. M on this one. People are really gonna want that June 2nd version now. And for all the copies that come up for grabs from this day on that don't say which version it is in the notes, well the auction houses are going to be getting a lot of phone calls I believe. "Which version is it?". "WE DON"t KNOW!!!!" Maybe we all should have left this alone. Sometimes not knowing is betta.

On 3/26/2024 at 3:17 AM, shadroch said:

The Great and Powerful CEEGEESEA has spoken.  They realized there might be some bucks in getting those 178 copies reslabbed and moved quickly to make it happen.  Does anyone want to guess what the fees would bring in if 100 copies are regraded?

I'm a peaceable chap but we brought them a problem and they came up with a solution in like a day. They'll put it in the notes from now on. Problem solved. Of course to do this they'll have to look inside the book which means if it's in a holder they gotta crack it. If every owner sent their copy in for a reholder CGC would make 8,900 minus the cost of the holder and paying employees to do the work. What more would you expect them to do? 

On 3/25/2024 at 8:07 PM, CGC Mike said:

Here you go, guys!

CGC will begin listing in the grader notes which ad appears in Superman #1. For those copies already encapsulated and not confirmed, a high value reholder fee will be applied to check the interior ad and reholder. The ad type will be added to the grader notes. 

A perfect solution. 

I wonder if anyone who owns a graded copy and doesn't know which ad it has will be reaching for a butter knife and scissors after reading all this. I think I wouldn't be able to resist. 

On 3/24/2024 at 9:23 PM, Gotham Kid said:

Pretty high you think? I'm wondering what the 5.5 Moderate Restored will sell for in about 11 days. 

On 3/25/2024 at 12:22 AM, Crowzilla said:

Not safe to say at all. We don't know if the 2nd prints were printed on May 22nd (after the weekend when newstands were all reporting being sold out) and still had carried the June 2nd date.

The only thing we can safely say is that copies that have the "On Sale June 2nd" ad are not 3rd prints, and that copies that have the "On Sale Now" ad are not first prints.  CGC just needs to note on the label which ad is inside, no need to try and declare what print number it is.

I'm glad you said this.I agree with your entire post.  'Safe" to assume was a poor choice of words. Jimbo is explaning it better than me and I'm pretty much seeing it his way.

 I really don't think there is a surefire way to ever find out with complete certainty what ad the 2nd printing has other than seeing something in print from DC at the time which tells us, and I doubt that exists. And if CGC has been keeping track over the years as to the 179 books they've graded have which ad, and I doubt they have been doing that, and even that wouldn't be 100% proof. So yeah you're right about that, just noting which ad it has on label it has would be the best we could hope for. 

On 3/24/2024 at 8:34 PM, plady69 said:

I say crack them all out and see what happens!

Kidding.  Let them stay in their tombs…

Attention owners of Superman 1 in CGC holders. Please send your copies in for a mandatory reholdering.......free of charge.

On 3/24/2024 at 10:52 PM, woowoo said:

I did have this in my picture collection was interesting years ago that's why I kept.

That's really good that you saved that. Thanks. Three runs within a month totalling 900,000 copies is really something. I think we can safely -u-me that only the 1st prints have AC 14 June 2nd. I don't even care if there is a difference between the 2nd and 3rd prints. They were all printed in such a short time frame. But it would be good to note the 1st printing copies mainly because of the different ad. 

On 3/24/2024 at 4:43 AM, jimbo_7071 said:

It's reasonable to conclude that the three printings exist in roughly the same proportions as their print runs. If only the first printing carried the "On Sale June 2nd" verbiage, then roughly 56% of existing copies should have it. If both the first and second printings have that verbiage, then roughly 84% of existing copies would have it—that's a big difference. Likewise, the percentage of copies with the "On Sale Now" verbiage would be 44% or 16%.

CGC could know by now if they wanted to. If they've been recording data on that information, they haven't shared it.

Yes, so we are told there were 500,000, 250,000, and 150,000 in each printing. 

Well that's good math you did there.  I see there are 179 total copies graded by CGC, assumimg none are unrecorded re-subs. I guess the big ?? is has CGC been recording that data. I doubt they have and I don't fault them for that. 

So your skill in figuring percentages tells us this: 

56%  >Only 1st prints say June 2nd

84% > 1st and 2nd prints say June 2nd

44% > 2nd and 3rd prints say On Sale Now

14% > Only 3rd prints say On Sale Now.

Is that correct? Or do I understand correctly? 

On 3/23/2024 at 8:15 PM, jimbo_7071 said:

I another thread, it was logically argued that the 2nd printing would have likely been produced after June 2nd and should have carried the "Now on Sale" verbiage in the ad—if DC was paying attention to details—which would mean that only the copies stating "On Sale June 2nd" are first editions while all of the others are reprints.

I haven't seen that but I was thinking the same. The most likely thing is that only the 1st prints would say On Sale June 2nd. But then again if there are 3 prints and the first prints sold like hot cakes as soon as they hit the stands a 2nd printing could have been ordered very soon after ans still said June 2nd. Unlikely but possible. I don't think we'll ever be able to be 100% sure either way. 

On 3/23/2024 at 11:55 AM, Dark Knight said:

I think it's because of the trimming that placed this book in a purple holder. Which brings me to the  argument as to why trimming is considered restoration. From what I understand, restoration is basically something is added to make the book or collectible look better so it can be brought back to its original state. Trimming is removing paper so it shouldn't be considered restoration.

I think trimmed books should have a different colored label like the color red 

I agree. Because to quote Neil Young, "Red means run son, numbers add up to nothin".

On 3/23/2024 at 2:42 PM, grendelbo said:

 

Also -

https://www.comics.org/issue/470/

 

 

" According to Superman: The Complete History, M.C. Gaines told Siegel and Shuster what additional content (aside from the Action reprints) to create for this issue in a letter dated 27 March 1939.
The Audit Bureau of Circulation files reveals that there were three printings of this issue in 1939 (500,000 copies, 250,000 copies, and 150,000 copies) (researched by Russ Maheras). The only difference noted is in the house ad for Action Comics #14, which has either an on-sale date of "June 2nd" or just "Now on Sale" (researched by David Bachman)."

Doesn't state which printings have which ad. I suppose the 1st printing, if there is one, would say On Sale June 2nd and the 3rd printing would say Now on Sale. But as far this tells us the ad in the 2nd printing is not indicated......unless I'm missing something. Wouldn't be the first time. I think if there are different printings, what the 2nd print ad states has to be verified in order to begin to differentiate printings with certainty. No matter which one it has , if the ad is to only thing to go on it would only be possible to identify 2 of the 3 printings.

Edit: Just read what OtherEric posted above. Yeah what he said. 

On 3/22/2024 at 1:38 PM, lou_fine said:

 

 

Well, I guess it all depends on your definition of a "mansion" as this is what $2.48M or $80K over asking got you here back in 2016:  

I'm not sure if I believe that. Maybe,  if you throw in the green plastic chair. 

Compared to most other Comics Magazine/Centaurs the #1 went low. 

And the 5.5 Sup 2 went for 19,999. I guess 20,000 was just too much for people. Just an odd price for an auction. 

On 3/20/2024 at 11:35 AM, pmpknface said:

Well done sir!  I think the BB #106 is a bit overlooked too.  Maybe because there's no space chick and it's brighter, I dunno.  That Confessions of Love is KEY!  Just wait until you get it  in person!  I love the couple in shadows under the "L" with the dude smoking.  If it came up a bit ore often maybe it would have a better following, but there's only 10 on the census!  Last issue too.  

Thanks! But I didn't bid on any of them. Now I wish I did. 

On 3/20/2024 at 12:45 AM, pmpknface said:

I thought this one did pretty well.  Wanted to bid, but it got too rich for me.  

Some other stuff did well too, but still to go....

Among others... 

 

Among others you say?  Like these 3 pretty nice copies that to me went a little cheap for their grades. Especially the Blue Bolt 106 which to me is as cool a cover as 105 , or at least darn close. I didn't bid on the 105 either, 5k for a 3.5.....seems high because it is high. 

This little guy took off like a rocket last night once bidding commenced. From 750 to 4K. 4 Blue and 4 Purple on the census. Last Blue label sale I could find was a 9.2 in 2010 for 3,585. Imagine what it would sell for today. 

On 5/25/2022 at 3:18 PM, ADAMANTIUM said:

If there ARE NO NOTES< it Says, "graders notes unavailable"  

Hey how ya been Adamantium? I was looking to see if there was a topic about this. So I'm looking at a pretty big Xela Sci-Fi book that was just graded in February and it says graders notes unavailable. 

I find it hard to believe there would be no notes at all on this 4.0. But if what you say is always true about having no notes then I guess it's possible. But it makes me feel uneasy a big money mid grade book having no notes at all. Surely there are defects worth noting. For all I know it could have a wad of 75 year old gum in it. Wish there was a way I could find out why it graded a 4.0.