CGC 9.8 Bronze and Copper Age

[Excelsior!-migration]

I don't see Marvel Spotlight 5, House of Secrets 92, All Star Western 10 and Star Wars 1 35 cent variant dropping dramatically in price. Compared to ASM 129, Hulk 181 and GS X-Men 1 the number of copies are rare in HG. Then again, maybe there isn't as much interest in those comics as the more popular Hulk 181 and ASM 129.

[paperheart]

99.9% of the books in the 1975-1979 range are already not worth it with the CGC fee change in April '09

 

yikes- i was thinking something like 90-95% aren't worth slabbing.

[Transplant]

CGC books are going through a boom and bust cycle like most any normal cycle.

 

Once the excess books have dried up and the weakest sellers have been elimintated, the cycle will begin to tick up and strenghten.

 

The correct price for the most common of material will always start in the $40.00 to $50.00 range, this is a derived certainty based on the economics of slabbing and selling books.

 

If this turns out not to be a sustainable price support, then CGC will get put out of business.

 

Personally, I think the liklihood of this occurring is not particularly high...especially considering the supply and demand factors and the cycles that grading services for other types of collectibles, that can be slabbed, go through.

 

This is so dumb, it hardly merits a response. You're assuming a decreasing amount of submissions and a steady or growing number of buyers to ever get out of that cyclical downturn you reference. My guess is that, if subs drop too low, CGC will lower prices to encourage subs. Problem is that they have pretty fixed minimum labor requirements that dictates a floor price. They make their money on volume (moderns) not margin (Walk-through, etc.).

 

In summary, just b/c you say that common slabs will sell for $40-50 does not make it so.

[Excelsior!-migration]

How did the sales go for those 1,300 slabs anyhow? I looked, but did not buy anything.