Dr. Banner.....

[OldGuy]

I can't remember the thread we were talking about the STANDARD CATALOG OF COMIC BOOKS 2nd Ed in, but here is some more info about it.

[drbanner]

Very nice!

 

"Probably, the most notable (and possibly most controversial) addition to the treasure trove of information for comic fans is the inclusion of auction prices for comics sold. It’s a change that, according to Miller drags “price guides kicking and screaming into the realm of hard fact.”

 

The auction data comes from more than 100,000 auctions collected over the past 13 months, with every comic seeing at least three auctions in a single CGC grade having the results listed. The “auction blocks” in the book include: the number of auctions in the grade, the average closing price offered, and the high and low closing prices offered. The use of CGC-graded comics allows for a standard to be used in the pricing that hasn’t been readily available before, and its inclusion and integration represents a paradigm shift in the gathering of data for price guides."

 

Daryl - do you know the 13-month period used to obtain the pricing data?

[comicwiz]

Daryl - do you know the 13-month period used to obtain the pricing data?

 

Mike

 

This might be a clue as to the span of time:

 

"As a specific example for Origin #1, the Standard Catalog reports the average results of all 210 auctions that closed with bids for CGC 9.8 Near Mint/Mint copies of Origin #1 since May of 2002. The average closing price was $78; the high, $152; and the low, $31."

 

May 2002 - June 2003 sounds about right. 3 month gap from the time of print. These days, with digital/desktop publishing, deadlines for data gathering can be pushed closer to release date because it doesn't take nearly as long to print books as it did 5-10 years ago.

 

[drbanner]

That's what I was hoping! On the whole, prices have been fairly stable for the last year or so (as evidenced by comicsheets graphs) so the hardcopy book should give us a good baseline for decision making. What remains to be seen is how many combos of 3+ sales in the same grade there are...

[sfilosa]

Isn't this what GPAnalysis does?

 

Unless Overstreet and other Guides somehow figure how to incorporate dealers sales (and determine there legitimacy), I'm not sure the Guides in general will be useful. We already know that in most cases, they understate NM pricing and over state mid-grade pricing. I mainly like the guide for the dealers opinions.

 

 

[comicwiz]

Isn't this what GPAnalysis does?

 

Unless Overstreet and other Guides somehow figure how to incorporate dealers sales (and determine there legitimacy), I'm not sure the Guides in general will be useful. We already know that in most cases, they understate NM pricing and over state mid-grade pricing. I mainly like the guide for the dealers opinions.

 

Another important consideration is that printed guides will always present static data; much can happen between each edition (roughly 1 year for most publications). Printed guides will go the way of the dinosaur when data and radio frequency will pass through our cell phones, PDA's and handheld devices at more affordable rates for transmission and usage. GPAnalysis is years ahead of its time.

[BronzeBruce13]

Similar... the difference is GPA provides current (almost "up-to-the-moment-data") from multiple CGC sales sources. In a fast-moving CGC market (where prices can often fluctuate in a short time) having the ability to consider individual sales data in addition to averages, highs & lows, etc. is an advantage that the GPA service offers. Having current data to compare against older data also provides an opportunity to identify possible trends that may better inform/guide a decision to buy or sell at that moment.

 

Visit GPAnalysis for more info and a Free Trail Subscription

[thecomicsheet]

Very nice!

 

"Probably, the most notable (and possibly most controversial) addition to the treasure trove of information for comic fans is the inclusion of auction prices for comics sold. It’s a change that, according to Miller drags “price guides kicking and screaming into the realm of hard fact.”

 

The auction data comes from more than 100,000 auctions collected over the past 13 months, with every comic seeing at least three auctions in a single CGC grade having the results listed. The “auction blocks” in the book include: the number of auctions in the grade, the average closing price offered, and the high and low closing prices offered. The use of CGC-graded comics allows for a standard to be used in the pricing that hasn’t been readily available before, and its inclusion and integration represents a paradigm shift in the gathering of data for price guides."

 

Daryl - do you know the 13-month period used to obtain the pricing data?

 

It does start from May 1, 2002. That's when I started gathering the data.