Professor K

Sorry you lost me at "think". Seriously though very insightful post. Yep I saw that after I wrote my stuff. Are you sure that's right? Even at those prices just under 300K more seems like too much for a one grade bump. I'm still a little surprised the 6.0 sold with the 7.0 on the block. I suspect the new owner must think the 7.0 is going to really go sky high.

Well that didn't take long. I forgot you can't joke about some things these days. While my wife is ironing my pants I'll write it over in a way which does not offend. Wow I'm really surprised they sold the 6.0 before the 7.0 auction was over. Petty thinking I know but I would say if the 7.0 ends at around 1.1 million or more that the new owner of the 6.0 got a fair deal. Even if the 7.0 ends at 1 Million he/she still did ok. If the 7.0 ends at some high price like 1.3 million or more then the new owner of the 6.0 got a great deal. I feel better now. I didn't offend anyone and my pants have no wrinkles. Joking, just joking. She's actually terrible at ironing. Joking! Still joking.

Wow I'm really surprised they sold the 6.0 before the 7.0 auction was over. Petty thinking I know but I would say if the 7.0 ends at around 1.1 million or more that the new owner of the 6.0 got a fair deal. Even if the 7.0 ends at 1 Million he/she (I just wrote "she" to be politically correct, I mean C'mon) still did ok. If the 7.0 ends at some high price like 1.3 million or more then the new owner of the 6.0 got a great deal.

This reminds me of The Price is Right. What was the highest guess? 1,400,000? 1,400,001 Bob.

Hey Dan. How was that parachute ride you had? Thanks for responding. Cool name. Don't want to stir any pots but I always thought the buyers premium was what the Auction Company takes. They're cut. If its less than what they are showing I don't think that's fair to the person who wins it. Where is that 16.7% (at this point) going? https://en.wikipedia.org/wiki/Dan_Cooper_(comics)

You forgot me on your list LDarkseid1. Sorry if I'm being "too touchy". Question for the pro's and semi pro's: The bidding right now is 812,500 with a buyer premium making it 975,000. According to my calculations 812,500 is 83.3% of 975,000. So does the mean owner/seller will be paying Heritage a 16.7% commision?

Edit: I just saw you already have a eb ay sales page. Message deleted.

All true . I concur. No. Not that big. It just means there are about 25% more graded Sups than Bats. Like Chicago said as we all know Superman was more commercialized for the first 25 to 30 years. More popular. I think at one time Superman was more popular than Jesus (Please don't go burning your Superman records over that comment). So I think it might be that just a few more people decided to keep their copy of Action 1 instead of bringing it to their Boy Scout paper drive.

yep I said, "between ONE MILLION DOLLARS! and a little over 1.1 million" and I'm ga stick to it. Although......I now think your prediction might be just as likely. That great looking 8.0 sold for 1.075 million 10 years ago, so I would think this great looking 7.0 would now go for about the same. I think sub-subconsciously I always thought Action 1 was rarer than Detective 27. Now that I look there are more graded Action 1 Blue Labels in the pop. So as far as graded examples Tec 27 is a rarer book. I'm sure that's old news to a lot of people here but I did not know that. 41 Actions and 33 Detectives.

Sure, with almost every country going billions and trillions more in debt to the banking system over the corona some serious inflation is sure to follow. More for them, less for us.......but that's a different and depressing topic so I'll shut my big fat yapper about that now. .

Hi, do we know if the Rockford was sold? I don't think it was. The owner probably put it on ice until the 7.0 is sold. I would have done the same just in case the 7.0 go Bat Crazy you don't want to have your 6.0 out there being offered for a measly 900K for one of the 7.0's runner ups to grab for a song. Let's say the 7.0 closes at 1.5 for example, the person who bid 1.4 will be on that 6.0 for 900K like white on rice.

Yep, and that missing cover surface right along Spider-Man's body really looks bad. Still the lowest 3.0 I've seen in a while.

A CGC 3.0 AF 15 sold for just 14,700 on Heritage tonight. link https://comics.ha.com/itm/silver-age-1956-1969-/superhero/amazing-fantasy-15-marvel-1962-cgc-gd-vg-30-cream-to-off-white-pages/a/122044-11054.s?ic2

Oh jeez. Boy I'm really up against the ropes here again. On the defensive again. I'm comin to join ya Elizabeth! My exact statement? I didn't say anything close to a comic ever selling for one million dollars. In fact in this thread I have predicted this TEc 27 will end at over a million dollars and its not even the top example. You are responding to me about something I never said at all. I don't disagree that maybe the Top example or few examples of the few major keys might sell for 20 million or more in 20 or so years, that's if they ever are for sale. Anyway if you read what I wrote I was very clear I believe. Will these few rare gems always rise in value? Sure. I just think at this point in history it will be a long slow gradual increase over many years. Take care PS I know you didn't say I said "Blah Blah Blah", I was just trying to lighten up the mood. P.S.S I have an idea for a book which can later be turned into a Big Budget Star Filled Hollywood Blockbuster.A Mutli-Billionaire eccentric like a John Paul Getty or Howard Hughes type finds out he's dying. So he buys up all the best examples of Action 1, Tec 27, and the others big G.A keys. Pays the current owners ridiculous prices that they couldn't refuse and he gets them all Then before he dies he hides them in real obscure places all over the world and tells no one where they are. But he leaves behind clues for the worlds greatest Scavenger Hunt ever. Real difficult, nearly impossible clues. The whole world goes crazy trying to find them. Chaos will ensue. Dangerous clues too. People will die. Kind of like Its a Mad Mad Mad Mad World , Willie Wonka, or Cannonball Run but with comics. Pretty neat right?

I agree with that. That's what I said, a few billionaires in a bidding frenzy over that particular piece. I explained myself as best I could that when I said "the future is" I meant a growing interest in that sort of stuff. And I was actually comparing it to sports cards in my original post if anything. So it wasn't meant to be a comparison to comics at all but just an observation that collecting music memorabilia in general is growing in popularity.

I never said anything was maxed out. Nothing of the sort. And I certainly didn't say blah blah blah.........I did say it probably won't appreciate in value in the next 20 years as it has in the past 20, percentage wise. I don't think it will sell for 20 or 30 million dollars 20 years from now., probably not even close. That's my perception of it. Sure prices/values/demand of these rare items is usually always rising but the Big Boom that began about 10-15 years ago probably won't happen again anytime soon. Also I did predict this current 27 will go over a million for whatever thats worth.

No no it's not just you. Its a lot of people. I didn't really want to start a comparison between collecting music memorabilia and comics, and I'm not at all. But look at my point here. Sure Superman is more well known than David Gilmour. On the other hand there are a lot more people into music than comics. Superheroes to be more precise. Also keep in mind the majority of comic collectors are in the US I believe. Superman is from the USA too(I know I know he's actually from Krypton) , but he's mainly part of the "American" culture. Pink Floyd is listened to by people all over the world probably more than Superman is read or watched. To a lot of people he's just a cartoon drawing and Gilmour is a Rock God. Then again a lot of people think Superman is an awesome cultural icon and Gilmour is just some guitar player. Gilmour can't leap tall buildings in a single bound and Superman can't play the solo to Comfortably Numb like he does here at 4:40 in with his 4 million dollar guitar. But I don't think it matters much when it comes to this high value stuff. There are enough collectors of both to make and keep the value of the rare and cool stuff ever rising in value. I think that's fair to say.

They actually removed it around 1968/69.

Oh. I'm sorry you guys don't know who David Gilmour is. My mistake. He's a guy who many many miilions of people all over the world have paid to see him play guitar and sing for the past 53 years. The guitar player for a little group called The Pink Floyd. I'll try to be more precise in what I meant. I think its true that Action Comics for example has appreciated about 15 times in value over the past say 25 years. Not an exact science but that's about in the ballpark. And I think its safe to say that it most likely won't appreciate near that amount in the coming 25 years. I don't believe I gave it a 2 to 3 million dollar cap. Another thing I simply meant, again I'll be more precise, is that when you get in to the big money comics that sell for hundreds of thousands of dollars and even over a million a lot of prospective buyers are not bidding on them with the intention of keeping it forever or putting it on a wall for someone to steal. They are making an investment to make money. That is what drives the bidding up. To make a profit thats worth investing and basically freezing that amount of money for a time, probably many years, they gotta hope to sell it for a lot more than what they paid considering commision fees and taxes. And I think its safe to say that an Action Comics #1 for example that sold for over 2 million dollars probably isn't going to sell for much more than that for a long time. When you get to books of that price the main driving force of bidders is to make a profit and if the profit isn't going to be a lot the bidding just won't be there. How much do you think it would sell for in 25 years? None of us know really. I would say about double but I don't have ESP so I could be wrong. As far music memorabilia what I meant by future is a growing interest in it. And a growing interest usually equals a growing value. The Gilmour Strat was just a freak thing I would say. Two or more billioniares on a bidding frenzy. But in a way it is rarer than Action #1. He toured with it for years since 1970, recorded a bunch of albums with it, and it was the only one. A Kurt Cobain guitar just sold for 6 million dollars. Are they good investments I don't know but I think it surely shows that there is increasing interest in that sort of stuff. Lots of music fans out there. Ok take care.

^^^^Wow^^^^ Awesome Witch cover Other Eric. Damn. Here's another Shexy witch

Such a generous husband.........coffins ain't cheap you know. Nice clean looking book too.

First thing I thought as well. The owner of the 6.0 at 900k may have a feeling that the 7.0 might go for a ridiculous amount so its on ice until the 7.0 is over and done with. I'm probably wrong but I would say its definitely related. Plus he/she probably won't be getting any offers for it while the 7.0 is active.

That's very interesting. Huge price difference. Pretty sure the majority get real turned off by repro covers. Gives the impression that the book was compromised and ruined.

Curious. When people put a photocopy cover on a coverless book do they actually attach it with staples or just put it around the book unattached? I would probably do the latter as to not affect the condition of the book as is. I would leave it coverless if getting it slabbed.

I looked it up. There are no 7.0's. Only 5 restored 7.0's. But I suppose your question was hypothetical so it doesn't matter if any exist or not. Plus you didn't say if you meant a cgc 7.0 or not. Well a CGC 4.0 went for 574K in 2018. A 5.0 went for a whopping 815K in the same year. A 5.5 for 956K in 2016. And in 2018 an 8.5 went for 2 million. So by using a formula based on those numbers, which I just invented in my head about 30 seconds ago, the answer is 1,490,00.00 give or take 100,000 .