Ares

the metropolis sticker on the back is just as bad

With turnaround times they will happen next year

https://www.forbes.com/sites/robsalkowitz/2021/06/23/what-the-hell-is-going-on-in-the-collectible-comics-market/?sh=1c3374fa307c 2020 was a pretty good year for many investments, but one class of assets has seen nosebleed-level growth that has shocked even long-time market watchers: vintage comics and original comic book art. Though there is no market index to quantify growth in this area, the results of large public auctions provide some transparency into the value that buyers place on a variety of benchmark items. On that basis, the evidence is stark. Last week, Heritage Auctions demolished records and shattered expectations with a $22.4 million haul from its recent sale of high grade collectible comics, surpassing its recent high water mark of $16.5 million set in April. The auction results were led by a new “pedigree” collection called The Promise Collection, featuring nearly 5,000 comics that were bought new off the newsstands in the 1940s and preserved in perfect condition for the past 70 years. 181 of those books sold in the June auction realized $7.1 million in just four hours; an additional 93 books added $800,000 to that total the next day, and the remainder of the collection will be auctioned throughout 2021 and 2022. A mid-grade (5.0) copy of Detective Comics #27, featuring the debut of Batman sold for $1.125 million – not a record, because higher grade copies go for more, but still a landmark. And one-of-a-kind works of original comic artwork continued their steep price increases with iconic pieces setting new highs in the upper six-figures. Anecdotal reports from dealers and collectors suggest that prices in smaller auctions, public sales and private transactions have increased well over 100% across the board in recent months, with some highly desired or unusual items seeing growth a magnitude higher. Facebook groups and private forums are overflowing with comments of seasoned collectors expressing surprise, dismay, and occasionally delight at the skyrocketing prices of items that, until recently, were not seen as top-tier collectibles, raising fears that ordinary collectors could get priced out of the hobby. Several factors may be contributing to the boom. Though the pandemic sidelined in-person conventions and auctions where many expensive collectibles changed hands, sometimes through impulse purchases, more serious buyers had the time and focus to pursue their collections online. Rising markets, including in areas like cryptocurrency, may have lead to a “wealth effect,” encouraging people to open their wallets wider for discretionary passion purchases. Also, the practice of getting the condition of collectible comics graded by third party agencies like Comics Guarantee Corporation (CGC) has now been around for nearly two decades, painting a clearer picture of the exact number of copies of rare issues in existence and painting targets on certain high-grade issues for blue chip buyers. Beyond that are extrinsic factors. Collectible comics are a store of value, and one that can be easily stored and transported, making the format attractive to individuals who prefer to maintain part of their wealth discretely. There’s also the matter of momentum. Big gains in the market bring in money that’s seeking returns, irrespective of the intrinsic value of the underlying asset. Comics are ordinarily not the easiest market to crack because of the huge amount of esoteric knowledge necessary to identify what makes certain books collectible, but all bets are off if everything is going up in value in huge chunks Click on Link To read the rest

sounds kinky

Thunderbolts Please

These are my latest submissions back from CGC after a CPS. Just waiting on two more books. Punisher 1 and 5 are Canadian Price Variants. (might sell set as they don't fit in my collection) The Amazing Spider-man 361 came out better than expected

that's just an added cost for buying to ship via third party. might be interesting to revisit.

thats what she said

So finally after ages I have finally finished organizing my collection. Books are in the file cabinets and grouped. I sold off some books that don't fit in my collection. Now to mount the OA on walls and get the action figures out of storage next. I have to re bag and board a large part of the collection. What size should I use. Modern for modern? Some of the moderns are snug when I put them in the modern bags and can be a issue to remove Should I move up a size? They might be looser but will be easier to remove.

no way it takes a year. I sent some books in for a CPS and I got them back in 6-7 months

Noice...

Whats the rule on Canadians posting? Do you allow out of USA sellers?

if they don'y process payment how do they get their cut

I am waiting on a few GL books to come back

My current Top 10 I have book Coming back from CGC on a CPS that will change this drastically

I wold have to ask what are their sales numbers when compares to other sites. Sure they only take 1% but if other sites get a higher rate of return the 1% don't mean much

It was an attempt to find the oldest thread I could bump

In my basement hobby room. Just one small window

I just sent off 10 books for CPS

no idea what grade is

I can find an older one i think

no.. now its stuck forever with my reply

For fun Only All-American Comics #16

File Cabinets I use a legal sized one Top Rows hold Slabbed books

Just got some more books back. All above 9.2 so I am happy. I am prob going to keeps the Spideys and get rid of the others