WOW! ASM 86 at almost $1,500 in 9.4! What gives?

[trmoore54]

Hey Gang,

I'm the seller of this ASM 86. It turns out the final underbidder was a zero-feedback flake/thrill bidder of some sort - now "no longer a registered eBay user" so the real final bid price was $1,469 -- NOT $2,275.

 

Still an incredible result, but not AS crazy as might have looked when the auction first ended.

 

OK, but at least the winning bidder was crazy enough to bid $2275. These things establish new GPA levels and in future auctions bidders feel obliged to bid more to meet the historical prices others have paid.

 

 

The very reason I won't use GPA

 

too many Sellers cling to it

 

like the Antique Junk dealers splattered all over the country

 

they see the NM- 9.2 Column in the OGPG and that is the quote they sell VG 3.0 junk at - I always turn around and walk out

 

CAL

 

It's not just GPA as a bible...I keep track of sales on many websites to understand what I should pay for a book and what I should expect a book to sell for...and I believe "perfect books" in grade...not just 9.4s to 9.8s, but the best representative copies of a given grade, for example an 8.5 or 8.0, or a 6.0 for that matter, that is perfectly centered with white pages should command a premium...

 

So, any given sale that is above or below 20% of the average previous year's selling price is definitely not surprising and perhaps to be expected...and that's huge...that's 40%...if you applied that to other markets that would be ridiculous...but for a non-key book that is one of the more difficult in HG for a book from 1970 (1 in 9.8/9 in 9.6 and 20 in 9.4) that has a 10 book average at $585 and a recent high sale of $625, that should be worth something...it's called information...

 

All I'm saying, or trying to understand, are the factors that caused a book to sell for some $1500 or approximately 3 times its "market" value...this is a valid question...or to put a slightly different spin on it, how can I get this buyer to contact me...