G.A.tor Posted September 18, 2010 Share Posted September 18, 2010 I sold a 3.0 almost 2 years ago for $110,000... my guess is that this book was restored more than 10 years ago, back when it was "beneficial" to restore a 3.0 to a 7.0 (or VF, etc)... now, while I do think there was a bargain to be had at the last heritage auction, since then a 4.5 ext tec 27 sold for almost 70K, and I know that a 6.0 slight (non reversable) had an offer of 125K turned down... the days of 50K plods' are gone, I suspect... just like I believe 90-100 K is the entry point on virtually any restored action 1, I feel that 75-80K is the entry point on virtually any restored tec 27 these days...am I right only time and a few sales will tell (thumbs u Wasnt it an 8.5 Ext. that went for almost 70K? I didnt notice a 4.5 going for that? the 4.5 was a private sale about 2 months ago...yes, last year my former 8.5 went for 66 and change, and that trimmed copy went for 55 or so...and 8 years ago, a blue 4.0 went for $48K (and recently they are 300Kish books)... I am already looking back on them as "incredible bargains" , and we will continue to look back and say "wish I had of...." Link to comment Share on other sites More sharing options...
Spiderturtle Posted September 18, 2010 Share Posted September 18, 2010 looking at the cgc census I see about 50 total graded. According to heritage auction 100-200 tec27 exist. Been trying to do further research. Is it safe to say 200 exist? Link to comment Share on other sites More sharing options...
Frisco Larson Posted September 18, 2010 Share Posted September 18, 2010 I've been far to busy(lazy) to dig out and scan my books,but I just can't resist this thread any longer,it is after all my favorite mini run in the GA. 28- I bought this book from a very good friend several years ago for a price that slightly threatened our friendship just kidding Jimbo.. actually looking at the current state of the market I think I did just fine.It is low grade & unrestored,but has a married CF.I'm just happy to have a copy of what most consider the hardest issue to find. I'll take it back any time for that same price!!! Link to comment Share on other sites More sharing options...
Mr. 10% Posted September 18, 2010 Share Posted September 18, 2010 (edited) looking at the cgc census I see about 50 total graded. According to heritage auction 100-200 tec27 exist. Been trying to do further research. Is it safe to say 200 exist? I think the actual census # is 46 (if I remember) some say 300 exist some 200. Its impossible to tell how many books are sitting raw in oldtimer collections - like the gentleman who have just put his T27 7.0 universal up on Heritage to sell next month I think. He bought it back in 1972 or something. Quite a wise investment Edited September 18, 2010 by Angelius Silesius Link to comment Share on other sites More sharing options...
Mr. 10% Posted September 18, 2010 Share Posted September 18, 2010 (edited) I sold a 3.0 almost 2 years ago for $110,000... my guess is that this book was restored more than 10 years ago, back when it was "beneficial" to restore a 3.0 to a 7.0 (or VF, etc)... now, while I do think there was a bargain to be had at the last heritage auction, since then a 4.5 ext tec 27 sold for almost 70K, and I know that a 6.0 slight (non reversable) had an offer of 125K turned down... the days of 50K plods' are gone, I suspect... just like I believe 90-100 K is the entry point on virtually any restored action 1, I feel that 75-80K is the entry point on virtually any restored tec 27 these days...am I right only time and a few sales will tell (thumbs u Wasnt it an 8.5 Ext. that went for almost 70K? I didnt notice a 4.5 going for that? the 4.5 was a private sale about 2 months ago...yes, last year my former 8.5 went for 66 and change, and that trimmed copy went for 55 or so...and 8 years ago, a blue 4.0 went for $48K (and recently they are 300Kish books)... I am already looking back on them as "incredible bargains" , and we will continue to look back and say "wish I had of...." Gator: "now, while I do think there was a bargain to be had at the last heritage auction, since then a 4.5 ext tec 27 sold for almost 70K, and I know that a 6.0 slight (non reversable) had an offer of 125K turned down..." You can say that !!! The 7.0 on Heritage was only moderate. And It went for 55K That is a price If the 4.5 ext sale is confirmed - that is. Edited September 18, 2010 by Angelius Silesius Link to comment Share on other sites More sharing options...
Wayne-Tec Posted September 19, 2010 Author Share Posted September 19, 2010 looking at the cgc census I see about 50 total graded. According to heritage auction 100-200 tec27 exist. Been trying to do further research. Is it safe to say 200 exist? Opinions seem to differ a lot from collector to collector on this topic. If I had to give my personal guesstimate, I'd say somewhere between 150-300. Link to comment Share on other sites More sharing options...
G.A.tor Posted September 19, 2010 Share Posted September 19, 2010 The 4.5 sale is real (thumbs u Link to comment Share on other sites More sharing options...
Mr. 10% Posted September 19, 2010 Share Posted September 19, 2010 I sold a 3.0 almost 2 years ago for $110,000... my guess is that this book was restored more than 10 years ago, back when it was "beneficial" to restore a 3.0 to a 7.0 (or VF, etc)... now, while I do think there was a bargain to be had at the last heritage auction, since then a 4.5 ext tec 27 sold for almost 70K, and I know that a 6.0 slight (non reversable) had an offer of 125K turned down... the days of 50K plods' are gone, I suspect... just like I believe 90-100 K is the entry point on virtually any restored action 1, I feel that 75-80K is the entry point on virtually any restored tec 27 these days...am I right only time and a few sales will tell (thumbs u Wasnt it an 8.5 Ext. that went for almost 70K? I didnt notice a 4.5 going for that? the 4.5 was a private sale about 2 months ago...yes, last year my former 8.5 went for 66 and change, and that trimmed copy went for 55 or so...and 8 years ago, a blue 4.0 went for $48K (and recently they are 300Kish books)... I am already looking back on them as "incredible bargains" , and we will continue to look back and say "wish I had of...." But Rick - these sales: the trimmed 7.0, your former 8.5 + the 4.5 ext as well as the 4.0 universal; they are hardly the only copies sold and bought?. Surely there have been a number of other copies which have changes hands during the timeperiode mentioned here. Alone Heritage havent they sold quite a few Tec27-PLODs over the years? I just dont understand why exactly these sales mentioned here should be taken as "incredible bargains". Havent "many" plods gone for the current price range over the years? Link to comment Share on other sites More sharing options...
Bat-Man Posted September 20, 2010 Share Posted September 20, 2010 http://cgi.ebay.com/Detective-Comics-35-Coverless-/300469128556?pt=LH_DefaultDomain_0&hash=item45f55b0d6c Tec 35 coverless just hit eBay. Link to comment Share on other sites More sharing options...
Wayne-Tec Posted September 20, 2010 Author Share Posted September 20, 2010 http://cgi.ebay.com/Detective-Comics-35-Coverless-/300469128556?pt=LH_DefaultDomain_0&hash=item45f55b0d6c Tec 35 coverless just hit eBay. Looks really nice. But if I had to choose, I'd take the coverless Tec #31 now on eBay 11 times out of 10. Not that I could afford either right now though. Link to comment Share on other sites More sharing options...
Filter81 Posted September 20, 2010 Share Posted September 20, 2010 But Rick - these sales: the trimmed 7.0, your former 8.5 + the 4.5 ext as well as the 4.0 universal; they are hardly the only copies sold and bought?. Surely there have been a number of other copies which have changes hands during the timeperiode mentioned here. Alone Heritage havent they sold quite a few Tec27-PLODs over the years? I just dont understand why exactly these sales mentioned here should be taken as "incredible bargains". Havent "many" plods gone for the current price range over the years? Keep in mind, a year ago the highest recorded price ever paid for a comic book was roughly $300,000. Now there are three "recorded" sales at over $1 million. A year ago an Action 1 CGC 6.0 sold for $317,000 (current owner has turned down offers for much more than this) and a year ago Detective 27 CGC 4.0 could be purchased for probably $125,000-$150,000. Today an Action 1 CGC 3.0 could possibly sell for close to what the 6.0 sold for, and a VG Tec 27 could cost you upwards of $300k. I'm not sure if its the media attention caused by the million dollar sales or what, but there are definitely some big buyers in the market right now for Action 1 & Tec 27 and for the moment supply appears to be having trouble keeping up with demand. (particularly for Action 1) I sold an Action 1 CGC 2.5 (the infamous copy with the piece missing) for $45,000 a few years ago and can verify for a fact that the current owner turned down a $175,000 offer for it. (The offer came to me through heritage make an offer option since thats where I bought the book, and I relayed the offer to the new owner) Where prices go from here, who knows. Unfortunately MOST of the recent action 1 / tec 27 sales have been private sales brokered by Metropolis, and there's no way to tell which of those sales are legitimate and which (if any) are simply market manipulation on Metro's part. But that aside, its not so much that the PLOD market has changed much in the past year, as much as it is that sales from 6-12 months ago for Action 1 / Tec 27 might as well be ancient history. This is just a guess on my part, but aside from maybe an Extensive 1.5 or something, I personally don't think you'll ever see a Detective 27 sell publicly for $50k again. (I bought the Tec 27 7.0 from Heritage and already have had multiple opportunities to sell at $70k+ but haven't done so because I don't think I'll be able to replace it at a similar price down the road.) My Link to comment Share on other sites More sharing options...
swapto Posted September 20, 2010 Share Posted September 20, 2010 But Rick - these sales: the trimmed 7.0, your former 8.5 + the 4.5 ext as well as the 4.0 universal; they are hardly the only copies sold and bought?. Surely there have been a number of other copies which have changes hands during the timeperiode mentioned here. Alone Heritage havent they sold quite a few Tec27-PLODs over the years? I just dont understand why exactly these sales mentioned here should be taken as "incredible bargains". Havent "many" plods gone for the current price range over the years? Keep in mind, a year ago the highest recorded price ever paid for a comic book was roughly $300,000. Now there are three "recorded" sales at over $1 million. A year ago an Action 1 CGC 6.0 sold for $317,000 (current owner has turned down offers for much more than this) and a year ago Detective 27 CGC 4.0 could be purchased for probably $125,000-$150,000. Today an Action 1 CGC 3.0 could possibly sell for close to what the 6.0 sold for, and a VG Tec 27 could cost you upwards of $300k. I'm not sure if its the media attention caused by the million dollar sales or what, but there are definitely some big buyers in the market right now for Action 1 & Tec 27 and for the moment supply appears to be having trouble keeping up with demand. (particularly for Action 1) I sold an Action 1 CGC 2.5 (the infamous copy with the piece missing) for $45,000 a few years ago and can verify for a fact that the current owner turned down a $175,000 offer for it. (The offer came to me through heritage make an offer option since thats where I bought the book, and I relayed the offer to the new owner) Where prices go from here, who knows. Unfortunately MOST of the recent action 1 / tec 27 sales have been private sales brokered by Metropolis, and there's no way to tell which of those sales are legitimate and which (if any) are simply market manipulation on Metro's part. But that aside, its not so much that the PLOD market has changed much in the past year, as much as it is that sales from 6-12 months ago for Action 1 / Tec 27 might as well be ancient history. This is just a guess on my part, but aside from maybe an Extensive 1.5 or something, I personally don't think you'll ever see a Detective 27 sell publicly for $50k again. (I bought the Tec 27 7.0 from Heritage and already have had multiple opportunities to sell at $70k+ but haven't done so because I don't think I'll be able to replace it at a similar price down the road.) My Link to comment Share on other sites More sharing options...
Mr. 10% Posted September 20, 2010 Share Posted September 20, 2010 (edited) But Rick - these sales: the trimmed 7.0, your former 8.5 + the 4.5 ext as well as the 4.0 universal; they are hardly the only copies sold and bought?. Surely there have been a number of other copies which have changes hands during the timeperiode mentioned here. Alone Heritage havent they sold quite a few Tec27-PLODs over the years? I just dont understand why exactly these sales mentioned here should be taken as "incredible bargains". Havent "many" plods gone for the current price range over the years? Keep in mind, a year ago the highest recorded price ever paid for a comic book was roughly $300,000. Now there are three "recorded" sales at over $1 million. A year ago an Action 1 CGC 6.0 sold for $317,000 (current owner has turned down offers for much more than this) and a year ago Detective 27 CGC 4.0 could be purchased for probably $125,000-$150,000. Today an Action 1 CGC 3.0 could possibly sell for close to what the 6.0 sold for, and a VG Tec 27 could cost you upwards of $300k. I'm not sure if its the media attention caused by the million dollar sales or what, but there are definitely some big buyers in the market right now for Action 1 & Tec 27 and for the moment supply appears to be having trouble keeping up with demand. (particularly for Action 1) I sold an Action 1 CGC 2.5 (the infamous copy with the piece missing) for $45,000 a few years ago and can verify for a fact that the current owner turned down a $175,000 offer for it. (The offer came to me through heritage make an offer option since thats where I bought the book, and I relayed the offer to the new owner) Where prices go from here, who knows. Unfortunately MOST of the recent action 1 / tec 27 sales have been private sales brokered by Metropolis, and there's no way to tell which of those sales are legitimate and which (if any) are simply market manipulation on Metro's part. But that aside, its not so much that the PLOD market has changed much in the past year, as much as it is that sales from 6-12 months ago for Action 1 / Tec 27 might as well be ancient history. This is just a guess on my part, but aside from maybe an Extensive 1.5 or something, I personally don't think you'll ever see a Detective 27 sell publicly for $50k again. (I bought the Tec 27 7.0 from Heritage and already have had multiple opportunities to sell at $70k+ but haven't done so because I don't think I'll be able to replace it at a similar price down the road.) My Filter81 - Thank you. Very illuminating overview you present here. Now Gators position seems much more understandable for me. But: it *could* be the universal grade copies only that skyrockets now. I dont think there is any evidence suggesting that PLODs are being pulled up by the blue lable sales of T27 and A1?? Why not a scenarion whre youll see Tec 27 PLODs stay flat in the 50K ballpark. While the unrestored copies explode? Edited September 20, 2010 by Angelius Silesius Link to comment Share on other sites More sharing options...
Filter81 Posted September 20, 2010 Share Posted September 20, 2010 Filter81 - Thank you. Very illuminating overview you present here. Now Gators position seems much more understandable for me. But: it *could* be the universal grade copies only that skyrockets now. I dont think there is any evidence suggesting that PLODs are being pulled up by the blue lable sales of T27 and A1?? Why not a scenarion whre youll see Tec 27 PLODs stay flat in the 50K ballpark. While the unrestored copies explode? You could be absolutely right. I don't think its possible to say for sure. My guess is that PLODs will continue to rise on these two books (but at a slower pace than unrestored copies) But thats just my opinion and until proven otherwise the scenario you mention is definitely possible also. Personally, I wouldn't mind if the scenario you mentioned does play out that way. If I had a chance to buy a second restored Tec 27 in similar shape at $50k I'd do it in a heartbeat. The reasons I think PLOD Action 1/ Tec 27s have already jumped in value are 1) The sale Rick mentioned at $75k for a 4.5 PLOD Tec 27 2) The 6.0 slight Tec 27 where the owner turned down $125k. 3) The fact that I've had multiple interested buyers at $70k+ on that 7.0 Mod copy even though I'm not trying to sell it. (I brought the book to SDCC to use it as a "draw" to ultimately help sell other books. But this is a book I bought for my personal collection.) In SD I had one of the long-time, well-respected dealers there tell me that if he were selling the book today he'd price it at $150,000. And several other dealers throw out numbers north of $100k 4) 2-3 years ago an Action 1 in EP 6.5 was a $55k book. Earlier this year one sold for $90k and I know that book could/would resell for at least $110k+ today. 5) If even low grade (2.0/2.5) unrestored copies are selling for $150k-$200k, I think mid to high grade restored copies "should" sell for more than $50k. And I think there would probably be a few buyers at $75k-$100k that will be in the market for a nice restored copy that can't afford $200k for an unrestored. These are basically the data points I'm using to form my opinion that $75k-$100k is the new entry point for mid grade or higher restored Tec 27s. But until one actually comes to market and sells at auction its all speculation. If that Action 1 court copy in the November Heritage auction is auctioned off without a reserve this time I know I'll be watching with quite a bit of interest since I think that will be a good gauge of how the restored market is currently looking on these two books! I can say that I have sold more restored Golden age books in the past 10 years than most. (Its kind of been my niche I guess) And up until a few years ago, I always considered $50k to be the ceiling that just about no restored book would cross. (And as a result this is the ceiling I set for myself anytime I looked at buying a high end restored book no matter what the book was) But in the last few years we've seen several Action 1/Tec 27 sales in the $75k-$100k+ range and even a Batman 1 PLOD (albiet a slight P / pedigree copy) sell for $60k. So I personally think that barrier has been broken. Similar to the way the $300k barrier was broken recently on unrestored books. Whether or not Action 1 / Tec 27 will eventually see a short term price correction, what the price will be on the next restored (or even unrestored) Tec 27 etc I think is still very much open to debate. Anyway sorry for the essay. One of these days I'll figure out how to say what I'm trying to say using less words Link to comment Share on other sites More sharing options...
G.A.tor Posted September 20, 2010 Share Posted September 20, 2010 I sold a 3.0 almost 2 years ago for $110,000... my guess is that this book was restored more than 10 years ago, back when it was "beneficial" to restore a 3.0 to a 7.0 (or VF, etc)... now, while I do think there was a bargain to be had at the last heritage auction, since then a 4.5 ext tec 27 sold for almost 70K, and I know that a 6.0 slight (non reversable) had an offer of 125K turned down... the days of 50K plods' are gone, I suspect... just like I believe 90-100 K is the entry point on virtually any restored action 1, I feel that 75-80K is the entry point on virtually any restored tec 27 these days...am I right only time and a few sales will tell (thumbs u Wasnt it an 8.5 Ext. that went for almost 70K? I didnt notice a 4.5 going for that? the 4.5 was a private sale about 2 months ago...yes, last year my former 8.5 went for 66 and change, and that trimmed copy went for 55 or so...and 8 years ago, a blue 4.0 went for $48K (and recently they are 300Kish books)... I am already looking back on them as "incredible bargains" , and we will continue to look back and say "wish I had of...." But Rick - these sales: the trimmed 7.0, your former 8.5 + the 4.5 ext as well as the 4.0 universal; they are hardly the only copies sold and bought?. Surely there have been a number of other copies which have changes hands during the timeperiode mentioned here. Alone Heritage havent they sold quite a few Tec27-PLODs over the years? I just dont understand why exactly these sales mentioned here should be taken as "incredible bargains". Havent "many" plods gone for the current price range over the years? I know of no other copies to have sold in the past 6 months doesn't mean there weren't any, I just haven't heard of them... on books like this, what happened 10 years ago or even 1 year ago is generally not "relevant" as current market trends would dictate those past sales prices are just that.. "past" Link to comment Share on other sites More sharing options...
G.A.tor Posted September 20, 2010 Share Posted September 20, 2010 Filter81 - Thank you. Very illuminating overview you present here. Now Gators position seems much more understandable for me. But: it *could* be the universal grade copies only that skyrockets now. I dont think there is any evidence suggesting that PLODs are being pulled up by the blue lable sales of T27 and A1?? Why not a scenarion whre youll see Tec 27 PLODs stay flat in the 50K ballpark. While the unrestored copies explode? You could be absolutely right. I don't think its possible to say for sure. My guess is that PLODs will continue to rise on these two books (but at a slower pace than unrestored copies) But thats just my opinion and until proven otherwise the scenario you mention is definitely possible also. Personally, I wouldn't mind if the scenario you mentioned does play out that way. If I had a chance to buy a second restored Tec 27 in similar shape at $50k I'd do it in a heartbeat. The reasons I think PLOD Action 1/ Tec 27s have already jumped in value are 1) The sale Rick mentioned at $75k for a 4.5 PLOD Tec 27 2) The 6.0 slight Tec 27 where the owner turned down $125k. 3) The fact that I've had multiple interested buyers at $70k+ on that 7.0 Mod copy even though I'm not trying to sell it. (I brought the book to SDCC to use it as a "draw" to ultimately help sell other books. But this is a book I bought for my personal collection.) In SD I had one of the long-time, well-respected dealers there tell me that if he were selling the book today he'd price it at $150,000. And several other dealers throw out numbers north of $100k 4) 2-3 years ago an Action 1 in EP 6.5 was a $55k book. Earlier this year one sold for $90k and I know that book could/would resell for at least $110k+ today. 5) If even low grade (2.0/2.5) unrestored copies are selling for $150k-$200k, I think mid to high grade restored copies "should" sell for more than $50k. And I think there would probably be a few buyers at $75k-$100k that will be in the market for a nice restored copy that can't afford $200k for an unrestored. These are basically the data points I'm using to form my opinion that $75k-$100k is the new entry point for mid grade or higher restored Tec 27s. But until one actually comes to market and sells at auction its all speculation. If that Action 1 court copy in the November Heritage auction is auctioned off without a reserve this time I know I'll be watching with quite a bit of interest since I think that will be a good gauge of how the restored market is currently looking on these two books! I can say that I have sold more restored Golden age books in the past 10 years than most. (Its kind of been my niche I guess) And up until a few years ago, I always considered $50k to be the ceiling that just about no restored book would cross. (And as a result this is the ceiling I set for myself anytime I looked at buying a high end restored book no matter what the book was) But in the last few years we've seen several Action 1/Tec 27 sales in the $75k-$100k+ range and even a Batman 1 PLOD (albiet a slight P / pedigree copy) sell for $60k. So I personally think that barrier has been broken. Similar to the way the $300k barrier was broken recently on unrestored books. Whether or not Action 1 / Tec 27 will eventually see a short term price correction, what the price will be on the next restored (or even unrestored) Tec 27 etc I think is still very much open to debate. Anyway sorry for the essay. One of these days I'll figure out how to say what I'm trying to say using less words adam saved me from having to say about the same thing (thumbs u Link to comment Share on other sites More sharing options...
dem1138 Posted September 20, 2010 Share Posted September 20, 2010 What do you think the Tec #27 CGC 1.5 OW/W that sold in 5/09 for $83,650 would sell for today? That seems like a steal now. Do you think the buyer could double their money now? Link to comment Share on other sites More sharing options...
Filter81 Posted September 20, 2010 Share Posted September 20, 2010 What do you think the Tec #27 CGC 1.5 OW/W that sold in 5/09 for $83,650 would sell for today? That seems like a steal now. Do you think the buyer could double their money now? That book has traded hands a few times since that auction at considerably higher prices than it sold for @ Heritage. Since they were private sales, I'm not sure if I'm allowed to say how much it sold for so I will leave that decision to others. Link to comment Share on other sites More sharing options...
Mr. 10% Posted September 20, 2010 Share Posted September 20, 2010 (edited) What do you think the Tec #27 CGC 1.5 OW/W that sold in 5/09 for $83,650 would sell for today? That seems like a steal now. Do you think the buyer could double their money now? That book has traded hands a few times since that auction at considerably higher prices than it sold for @ Heritage. Since they were private sales, I'm not sure if I'm allowed to say how much it sold for so I will leave that decision to others. Its very wise words that are being uttered here. Unfortunately the conclusion drawn from this is that me thinks this market for the 'big two' is moving so fast I just can keep up I feel that I will become increasingly unable to catch this elevator with the speed its picking up. And my bankaccount cant keep up at all Can somebody grant me a generous loan? Do I hear 100K? 130K? Prices are rising faster than one can save up. Now THAT is not fair Edited September 20, 2010 by Angelius Silesius Link to comment Share on other sites More sharing options...
Mr. 10% Posted September 20, 2010 Share Posted September 20, 2010 Filter81 - Thank you. Very illuminating overview you present here. Now Gators position seems much more understandable for me. But: it *could* be the universal grade copies only that skyrockets now. I dont think there is any evidence suggesting that PLODs are being pulled up by the blue lable sales of T27 and A1?? Why not a scenarion whre youll see Tec 27 PLODs stay flat in the 50K ballpark. While the unrestored copies explode? You could be absolutely right. I don't think its possible to say for sure. My guess is that PLODs will continue to rise on these two books (but at a slower pace than unrestored copies) But thats just my opinion and until proven otherwise the scenario you mention is definitely possible also. Personally, I wouldn't mind if the scenario you mentioned does play out that way. If I had a chance to buy a second restored Tec 27 in similar shape at $50k I'd do it in a heartbeat. The reasons I think PLOD Action 1/ Tec 27s have already jumped in value are 1) The sale Rick mentioned at $75k for a 4.5 PLOD Tec 27 2) The 6.0 slight Tec 27 where the owner turned down $125k. 3) The fact that I've had multiple interested buyers at $70k+ on that 7.0 Mod copy even though I'm not trying to sell it. (I brought the book to SDCC to use it as a "draw" to ultimately help sell other books. But this is a book I bought for my personal collection.) In SD I had one of the long-time, well-respected dealers there tell me that if he were selling the book today he'd price it at $150,000. And several other dealers throw out numbers north of $100k 4) 2-3 years ago an Action 1 in EP 6.5 was a $55k book. Earlier this year one sold for $90k and I know that book could/would resell for at least $110k+ today. 5) If even low grade (2.0/2.5) unrestored copies are selling for $150k-$200k, I think mid to high grade restored copies "should" sell for more than $50k. And I think there would probably be a few buyers at $75k-$100k that will be in the market for a nice restored copy that can't afford $200k for an unrestored. These are basically the data points I'm using to form my opinion that $75k-$100k is the new entry point for mid grade or higher restored Tec 27s. But until one actually comes to market and sells at auction its all speculation. If that Action 1 court copy in the November Heritage auction is auctioned off without a reserve this time I know I'll be watching with quite a bit of interest since I think that will be a good gauge of how the restored market is currently looking on these two books! I can say that I have sold more restored Golden age books in the past 10 years than most. (Its kind of been my niche I guess) And up until a few years ago, I always considered $50k to be the ceiling that just about no restored book would cross. (And as a result this is the ceiling I set for myself anytime I looked at buying a high end restored book no matter what the book was) But in the last few years we've seen several Action 1/Tec 27 sales in the $75k-$100k+ range and even a Batman 1 PLOD (albiet a slight P / pedigree copy) sell for $60k. So I personally think that barrier has been broken. Similar to the way the $300k barrier was broken recently on unrestored books. Whether or not Action 1 / Tec 27 will eventually see a short term price correction, what the price will be on the next restored (or even unrestored) Tec 27 etc I think is still very much open to debate. Anyway sorry for the essay. One of these days I'll figure out how to say what I'm trying to say using less words Yes I agree that the indications of a PLOD price lift as of late are certainly there. Question is: are this externally investors warming up on restoe, or is it collectors pouring out there heart of gold to snag 'that' book for their collection? I will be following the court copy also!!! Now this fine little essay proves in the most splendid way that the boards here are not only for leisure and fun, - But also for education. Link to comment Share on other sites More sharing options...