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Action Comics 7 8.0 White/ Off white

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At what point does that book go for stupid money? It's at 47 grand now, even with the slab induced corner damage on the back right. (grader notes, anyone)

I have a question, can damage like that occur during the encapsulation process and if so, does the grading company own to it?

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At what point does that book go for stupid money? It's at 47 grand now, even with the slab induced corner damage on the back right. (grader notes, anyone)

I have a question, can damage like that occur during the encapsulation process and if so, does the grading company own to it?

 

And "1962" asked a similar question. Is it an 8.0?

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At what point does that book go for stupid money? It's at 47 grand now, even with the slab induced corner damage on the back right. (grader notes, anyone)

I have a question, can damage like that occur during the encapsulation process and if so, does the grading company own to it?

 

And "1962" asked a similar question. Is it an 8.0?

 

Here's my thoughts:

 

Is the book a 7.5? 8.0? Does it really matter. I see the highest graded 2nd cover appearance of Superman in a cgc holder. Is guide correct? Maybe the book should sell for 3 times the VF- price as opposed to 2X the VF price? We aren't talking about a run of the mill copy that trades regularly and it's price can be easily ascertained. It's a one of a kind book that trades on the desire of the buyers weighed against the ability to finance the transaction.

 

All I know is that there are 8 unrestored graded copies with this copy rating top billing.

 

Then again, sometimes I wonder whether we believe everything we're told and see in this hobby? What do we know about the "legitamacy of bids on ANY auction from

ANY auction house/seller? (shrug)

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At what point does that book go for stupid money? It's at 47 grand now, even with the slab induced corner damage on the back right. (grader notes, anyone)

I have a question, can damage like that occur during the encapsulation process and if so, does the grading company own to it?

 

And "1962" asked a similar question. Is it an 8.0?

 

Here's my thoughts:

 

Is the book a 7.5? 8.0? Does it really matter. I see the highest graded 2nd cover appearance of Superman in a cgc holder. Is guide correct? Maybe the book should sell for 3 times the VF- price as opposed to 2X the VF price? We aren't talking about a run of the mill copy that trades regularly and it's price can be easily ascertained. It's a one of a kind book that trades on the desire of the buyers weighed against the ability to finance the transaction.

 

All I know is that there are 8 unrestored graded copies with this copy rating top billing.

 

Then again, sometimes I wonder whether we believe everything we're told and see in this hobby? What do we know about the "legitamacy of bids on ANY auction from

ANY auction house/seller? (shrug)

unless I have been outbid, I should currently be the high bidder, so that is fairly legit :)

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IT is scarce in any condition. I think its the rarest of the 1st 10 issues.

 

Definitely the most wanted out of #'s1-10 because most collectors can't afford a #1, so the #7 is the next best thing (for early Supe covers anyways)...

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