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Hepcat

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Posts posted by Hepcat

  1. On 4/14/2020 at 7:49 AM, VintageComics said:

    I used to work at VW Richmond Hill back in 1989 and would walk down to his Richmond Hill store every Friday with a fresh paycheck. A few years ago  I somehow randomly found his latest store was in Richmond Hill and that he was still in business, just north of his old location from the 1980's in a strip mall.

    So what have you been doing for the last three months? Browsing through the long boxes in his Richmond Hill store?

    ???

  2. On 6/21/2024 at 2:17 PM, Qalyar said:

    But a reasonable suggestion is that it's to enable sales of low-grade collectibles. No one would be likely to purchase an item whose condition is described as "Bad", "Terrible", or "Honestly, Just Wrecked".

    Like I say, the descriptive terminology for comic grading was originally created for the benefit of comic dealers/sellers.

    2c

  3. On 6/20/2024 at 5:46 PM, CentaurMan said:

    The difference is that equities represent ownership stakes in businesses which produce cash flow, and that cash flow can change over time (mostly grow, over longer time periods).  Same with real estate, same with bonds, etc., so there are formulas for estimating the value of those assets depending on the prevailing interest rate environment, forecasted macro factors, etc.  There’s clear record of what people were willing to pay for Nvidia 11 months ago, or any time period ago, in the stock charts/histories.

    Collectibles of all types (artwork, coins, baseball cards, NFTs, etc.) are essentially only worth what people are willing to pay for them, and thus a book/record citing those values is especially relevant, as you can’t value them based on their intrinsic cash flows (there are none).  It helps to always have some sense for the market’s opinion of those assets.

    I agree. There are thousands of trades in Nvidia stock per day while a certain comic changes hands perhaps once in a blue moon.

    Moreover stocks were designed to be vehicles for investments. Comics were designed to be nothing but throwaway reading material for kids. Why some people now consider comics to be an investment vehicle is the real question.

    (shrug)

  4. On 6/20/2024 at 7:02 PM, Telegan said:

    They have Mylites?  I only see Mylites2 and Mylites4 on the website.

    Right you are! Which probably explains why local dealers told me that the Mylites2 which they have are "better". xD I see though that Bill Cole Enterprises still has Arklites.

    On 6/20/2024 at 7:02 PM, Telegan said:

    I had more issue with using some Full Backs as they take up more space when you factor in the amount of comics in a short or long box.  So I've always used the Half Backs 

    That's why I too prefer the Half-Backs or Thin X-Tenders.

    :smile:

  5. On 6/20/2024 at 1:56 AM, Happy Noodle Boy said:

    I guess my heart lies with the old Overstreet system, where "near mint" was the top grade you saw out there. How many comic shop dealers back then would have tried to sell you a "mint" back issue? In all my years of back issue hunting (in the pre-CGC days) I never encountered a back issue marked as "Mint".

    Do you not remember that prior to some year in the 1980's Overstreet listed prices for Good, Fine and Mint condition comics? Few dealers would grade their older comics as Mint, but comics that would be F/VF+ by present standards were cavalierly assigned a grade of NM.

    ???

  6. On 6/17/2024 at 3:01 PM, Happy Noodle Boy said:

     

    A book with a miswrap couldn't grade above an 8.0. Neither could a book with a date stamp. The worse the miswrap, the lower the grade.llll

     

    I strongly agree on the miswraps. I hate them.

    Date stamps bother me not at all though.

    On 6/17/2024 at 3:01 PM, Happy Noodle Boy said:

    A book with writing on the cover that isn't a date stamp couldn't grade above a 6.0. That includes autographs and "remarks". (Put them in the gutters on the splash pages if you must. We're collecting comics, not signatures.)

    I agree on the signatures!

    On 6/17/2024 at 3:01 PM, Happy Noodle Boy said:

    How many people think a grade of 2 out of 10 can really be called "good" and 4 out of 10 "very good"? Everyone knows these terms make no sense. In my grading scale the grade "Very Good" would be replaced with "Fair", "Good" would be replaced with "Poor", and "Poor" would be replaced with "Junk". I think these terms are better descriptors for books in those conditions.

    I agree! It's only dealers who might like to call cruddy books "Good".

    I still recall listening to a dealer from Montréal at a con in 2002 or so trying to explain to a woman why she might want to pay more for a comic she intended to gift to her husband because the other one was only "Very Good/VG". She was just bewildered.

    :bigsmile: