DC#

Going to help you clean out some more….. take these too

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Bating clean up….will take these too

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Higher quality first appearance but more common vs lesser quality, rare, not first appearance

Coming off some big auctions recently….. really rough copy of arguably the most important comic of all time or near perfect copy of 2nd appearance of arguably the most important character

A year later and the dreaded OW/W vs W and this book is down nearly 60%

Sept 14th Heritage Platinum Session.....a lot of the usual suspects. The Superman #1 was up quite a bit from the August ComicConnect And Session 2 Books....

Goldin auction x-men 1 9.2. $168.6k

Take FF5 6.5 per DM

Well I am cheered up........

I heartily agree that newsstands look better to my eye. But 90 day GPA on 9.8s are $2895 on 4 Directs sold and $2724 on 5 Newsstands sold. GPA hasn’t been tracking newsstands all that long on this one (since mid 2022 I think) but in general the market does not seem to care - at least not yet. I did go back and study GPA numbers a bit more. Sales do not necessarily reflect census but it would appear that there are more newsstands in 9.2/9.0 and below and fewer newsstands in the higher grades. That being said, it’s still not like an ASM 300 were it is probably closer to 1:50 ratio in favor of direct. Just looking at prior 12 months sales on GPA for 194 the ratio is 1:1.4 on 9.8s in favor of direct. Extrapolating that with census counts - it means there might be around 315 direct copies and 210 newsstand for the 9.8. Which makes sense because both copies seem to be available all the time. Again, compare that to ASM 300 at a 1:50 and it would mean only 30 newsstand copies in 9.8 vs 1437 direct. Hence the 3x-4x premium those copies generate

Another expert may chime in here but sources I have read here and on other platforms have shown that roughly 10-15% of the total published volume in 1979 were direct. But because of the non-returnable nature of direct, the survival rate of ASM 194 is more like a 30-40% direct and 60-70% Newsstand. If true - not sure you could really say direct is really that much more rare. But there is also no way a newstand deserves a premium for a 1979 ASM 194

No doubt. Looking at full picture in GPA is very helpful while pursuing specific books. Wondering aloud here without actually going back through the CL data I have compiled for nearly two years now - have the Clink auction results actually been a leading indicator? Have they proceeded the declines that then show up in the month(s) that followed on EBay, etc? Especially in the average silver, bronze, copper and modern books. And if that is the case, will they continue as leading indicator if prices turn? I wasn’t watching closely during the boom days to know how out in front Clink might have been vs other GPA contributors

Here is a recap of Session 1 of the ComicLink auction. Given that so many of these books don't change hands that often - I altered my recap to look at comparison vs 12 Mos Avg (and still most books don't have sales) as well as peak sale. As others have stated, might be hard to draw conclusions about overall state of market given the rarity of some of the items. Anyway.....hope you find it interesting.

Just to compare - the first copy below sold on Clink on 7/24 for $5100 which is in the zone for most of those GPA sales. The second is the $7200 Clink sale from 9/1. The 9/1 copy does have a slightly better wrap (and I mean a very slight) in looking at the top of the 7/24 copy. And there is that CVA stamp….. At least two people thought there was enough difference to support a +40% premium. And forgot that there were two more 9.8s in this Clink auction that closed on 8/29 - one WP at $4600 and one OW/WP with double cover that went for $4847.

And another from Clink. But $24k lower than the recent CC sale.

Also take New Teen Titans #29 VF/NM New Teen Titans #36 NM- New Teen Titans #49 NM- New Teen Titans #52 NM- New Teen Titans Annual #1 VF/NM

Here are 7.5 sales since April 2022. Aug 2023 still a bit behind Aug 2022 but perhaps first half of 2023 was the trough. Amazing Fantasy #15 7.5 - $450k April 2022. Amazing Fantasy #15 7.5 - $270k in June 2022 (Clink). Amazing Fantasy #15 7.5 - $210k June 2022 (Heritage) Amazing Fantasy #15 7.5 = $198k August 2022 (heritage) Amazing Fantasy #15 7.5 - $117k March 2023 (Heritage) Amazing Fantasy #15 7.5 - $122k June 2023 (Goldin) Amazing Fantasy #15 7.5 - $170.8k Jul 2023 (Hakes) Amazing Fantasy #15 7.5 - $175k Aug 2023 (Clink)