Jesse-Lee

44 minutes ago, BigLeagueCHEW said:

Difference is ASM - 300 in 9.8 = 1343, IH 181 in 9.8 = 137 

Sure, the total census amount is definitely a difference, but I'm not saying that ASM 300 is going to become a $40,000 book or whatever 181 is now in a 9.8. I'm just saying that there are parallels that can explain why ASM 300 is growing in price, if my theory is correct that people don't want to miss the boat on a relatively affordable key that still has some meat on the bone in terms of realizing more value. I think available supply is a better metric than total overall census too - and there are more total available copies of ASM 300 for sale than IH 181, but the comparison ratio starts to go down when you look at that in relation to total existing copies.

For example, there are currently 126 blue label CGC 9.8s of IH 181 on the census. 2 are for sale right now on eBay, which is 1.58% of existing copies for sale. And there are 1,048 blue label CGC 9.8 ASM 300, and 13 are available on eBay for sale - that's 1.24% of existing copies for sale.

38 minutes ago, Colin Nash said:

I put my question about the unexplained hike in ASM #300 prices on the Modern Age section by mistake. (ref. ASM#300 Hype)

Anyway, someone put me right and I can see there's alot of people as mystified as I am about it on the Copper Age forum.

Someone falls in love with the cover (and it is good) plus the 1st Venom angle and throws silly money at it and it suddenly trends up to a rediculous price like $3400. For a moment I thought Todd MacFarlane had died or something ??

I don't own a copy, but wouldn't bother until common sense comes back into fashion.

Can anyone claim to understand the comics market with this sort of thing going on, I wonder.

Colin

 

I've mentioned this before, but one interesting thing to note is the comparison of ASM 300 to Hulk 181, in the sense that 181 was a slow increase on value for years and then seemed to take off about 30-35 years after its initial release. We're currently at 32 years on ASM 300. Both books are the first full appearance of what became massively popular characters, and 300 has the extra kick of a massively popular artist and an anniversary issue. My take on it is that there were people who missed on out major keys in the past like IH 181 when they were still affordable, and they don't want to make that mistake again with what is arguably the top mass-appeal key of the Copper Age that is still widely attainable (yes, I'm aware of TMNT 1, but that is also not affordable for many/most at this point).

For me, I bought in on ASM 300 in the price/grade I felt comfortable affording, which was an 8.5, in mid-September (happened to be a newsstand). I paid $380. The last 5 sales of a CGC blue label 8.5 on eBay were $585, $500, $675, $600 and $536, between 10/20-10/26.

I wrote the below in an earlier post, highlighting a post I found from 2010 where people were saying Hulk 181 was overvalued, prices were skyrocketing for no reason, the bubble would burst, and if you paid $1,000 for a copy you wouldn't make your money back:

"In 2010, $1,000 would have probably gotten you a VF or 8.0 copy of IH 181. FMV on that copy today - 10 years later - is more than 4x that at about $4,300."

So my opinion is that we're seeing people who want to get in while it's still relatively low, who may have missed out on other keys before they went high - GSXM 1, IH 181, etc.

7 minutes ago, piper said:

I think of it as Copper, but I'm probably in the minority.

I feel like it's right near the cut line, but when I think of that change over from Bronze to Copper, I tend to think in terms of Crisis on Infinite Earths which came out in 1985/86. I guess maybe Secret Wars would be the Marvel equivalent cut line between the two ages?

Another astounding sale of this key book

6 minutes ago, ADAMANTIUM said:

Do you think I could sell a ASM #300 in 9.8 for $4200

And buy an xmen #1 in 1.8 for $4000?

X-Men #1 in a 9.8 is like an $85 book, you could buy a bunch: https://comics.gocollect.com/guide/view/156541

(Hey, we are in the "modern" forum after all...)

17 minutes ago, jjonahjameson11 said:

Given the number of raw newsstands in 9.4 or lower being offered/sold this past month, watch for significant changes in the next 6 months to the direct vs newsstand chart that Valiantman has provided.

Sorry if this is a dumb question, but is it possible to get a snapshot of new graded books within a specified date range? Like could you see only all new graded books from Sept. 1, 2020 to date for example? I know they don't differentiate newsstands vs direct, but it'd be interesting to see the amount of new books graded in a given timeframe.

I think of this as Bronze based on when it came out, but some people consider it Copper - what's the consensus?

1 minute ago, Hezi said:

Yeah, that’s the one. I had five or more on my watch list and they all were bought up on the same day. 
 

I agree with you about it being undervalued. IMO this is the last TMNT book with any big first appearances that hasn’t blown up yet. 
 

I’d argue that Bebop, Rocksteady and Krang are more widely known than Casey Jones, but I could be wrong. 

I'd argue that Bebop and Rocksteady's first appearances are in 2, not 1 - they don't have names in the first issue and they're still human. They first show up in their mutated forms (and are first called by name) in issue #2. But it seems the masses feel differently...

I really hope you washed your hands...

10 hours ago, Toz said:

Well I got it.Probably the most erratic collection I have found in awhile.From a Tec 264 to a near full run of Trinity to Lady Death Lingerie.Some neat Gold Key & a couple of Bronze pence copies.Some hardcover DC books.A DS cover,an AMS 299 & a couple pree 100,some FF I needed.A nice run of Badger (Image),loads of Ghost Rider and very heavy on DC & Image.

Way too much work sorting.Poor me.

Sounds like my collection...

1 hour ago, Warlord said:

There are some old comics with UPCs that wouldn't literally be defined only as newsstand because they were probably sold both there and in comics shops and they predated the existence of the direct market.

I thought the older books were basically newsstands that had the bar code disrupted in some way if they were a "direct market" (i.e. comic shop) copy? Like this:

6 hours ago, godzilla43 said:

Top 10 Hottest Selling Back Issue

I would start by watching that video. Also those books that people normally invest (exception in some gold keys like. Tec 27, Action Comics 1) are usually quite common but demand for those issues are high.

Thanks, comic fam...

10 minutes ago, speedcake said:

I've only seen maybe one of those before, but I'm guessing that for thirty bucks you got a heck of a deal.

I've seen just the two copies of Venom 25 alone sell for as much as $30 combined on eBay, and then 26 can go for $10-15. There are a couple of first appearances in there that could heat up more. But in general, I like the character, it's an interesting run and I really like a few of the covers, and 13 books for $30 is a nice deal.

I'll admit I'm not a paid member of GoCollect so I can't dig down too far, but their assessment of FMV on this book continues to baffle me. Here's the link: https://comics.gocollect.com/guide/view/150744

And here's a screenshot to capture the current FMV:

Nice little $30 eBay lot win!

2 hours ago, Chaos_in_Canada said:

The Best CGC 9.9 ASM300?

https://www.cgccomics.com/gallery/details.aspx?comic=742

Graded: 10/16/2003

So, I don't want to sound like a jerk (because I certainly don't have a 9.9, or even a 9.8 or a 9.0), but I'm just not a fan of how the inside copy "bleeds" through the front and back cover on this. I've seen that on other books with white or light-colored covers. Is that a product of pressing?

4 minutes ago, steveinthecity said:

Get the refund already and put your energy into finding the books elsewhere. 

Yeah, I need to do that - I'm like a dog with a bone on this one, I just can't give it up! My potentially worse news is, at the same time I ordered from this place, I also made an order with ComicXposure before knowing anything about them. That order included preorder books that come out on 10/27. So we'll see how that one goes too I guess... I've wised up since then as to where I buy my books.

30 minutes ago, TTony said:

Have you received your books?  I placed an order today, not feeling optimistic after reading this tread.

I have not... sorry man. Contacted him twice this week and no response. I'm going to try again next week, but soon I'll just ask for the refund. It's been more than 2 months now, and I had no pre-order books in the order, so they should have gone out in the site's stated "5-7 days" for shipping.

1 hour ago, kav said:

I was reading Homicide by David Simon-some dude was shot and killed at a sidewalk card game.  He had grabbed the pot and bolted.  Homicide detective was interviewing the players.  They said the guy was known for bolting with the pot.  Detective asked well why did you let him play?  "You got to let him play-this is America"  

"This kid, whose mama went to the trouble to christen him Omar Isaiah Betts... You know, he forgets his jacket, his nose starts running and some a**hole, instead of giving him a Kleenex, he calls him "Snot". So he's Snot forever. Doesn't seem fair."