So what is a Detective 27 in 8.0 worth?

[lou_fine]

In comparision, in talking to Brulato sometime back, he might drop $750,000 or more for the only 9.6 AF 15, but if a 9.4 sells for $300,000, that would have absolutely NO affect on how he values the 9.6.

 

This might not be the most acurate comparison as one is a silver age book and one is a golden age book, BUT people will pay a benchmark price for the top grade of any book, and anything lower PROBABLY will not bring in close to the same money, as with the 7.5 Detective 27, compared to the 8.0.

 

Dwight;

 

Not sure how valid it is to compare an AF 15 to a Tec 27 in this particular case.

 

I understand Brulato's point of view here since the 9.6 AF 15 is the highest graded copy out there for now and possibly for the future. The 8.0 Tec 27 is only the highest available copy for now, but definitely will not be the highest graded copy in the future.

 

Although a 9.4 of AF 15 selling for $300K will not affect his price for the 9.6 copy, I am sure that the existence of a 9.8 copy would most definitely affect his price for the 9.6.

[detective35]

I agree with you.

 

My point being is just because a lower grade copy of a key issue sells for less than record price of a higher grade copy of the same issue (in reference to the Detective 27 - 7.5 to the 8.0), this does not neccessarily impact on the value that the higher grade. Again, until another 8.0 or higher sells, you assume that the 8.0 Detective 27 is worth what it sold for, and no less.

 

On the other hand though, if the 7.5 would have sold for $300,000 or an extreme price difference in any direction, now my thought process might change.

 

 

 

[G.A.tor]

I agree with you.

 

My point being is just because a lower grade copy of a key issue sells for less than record price of a higher grade copy of the same issue (in reference to the Detective 27 - 7.5 to the 8.0), this does not neccessarily impact on the value that the higher grade. Again, until another 8.0 or higher sells, you assume that the 8.0 Detective 27 is worth what it sold for, and no less.

 

On the other hand though, if the 7.5 would have sold for $300,000 or an extreme price difference in any direction, now my thought process might change.

 

 

I wish that 7.5 had of sold for 300K

[tonytiger]

Which makes these high dollar books problematic as Gary Keller has learned. It takes two to tango.

 

Sometimes it takes 1 to tango.

[TSwift25]

I don't think it's fair to say a 7.5 sale means that an 8.0 is worth _____. With a book like 'tec 27, presentability means so much, the embodiment of buying the book and not the label.

[bluechip]

I agree with you.

 

My point being is just because a lower grade copy of a key issue sells for less than record price of a higher grade copy of the same issue (in reference to the Detective 27 - 7.5 to the 8.0), this does not neccessarily impact on the value that the higher grade. Again, until another 8.0 or higher sells, you assume that the 8.0 Detective 27 is worth what it sold for, and no less.

 

On the other hand though, if the 7.5 would have sold for $300,000 or an extreme price difference in any direction, now my thought process might change.

 

 

 

People are obsessing about the label numbers way too much if they think they can create a values formula that will remain the same, regardless of the popularity of the books or their relative scarcity.

[Miraclo]

I don't think it's fair to say a 7.5 sale means that an 8.0 is worth _____. With a book like 'tec 27, presentability means so much, the embodiment of buying the book and not the label.

 

In addition to the fact that sales of these ultra rare fairly high grade GA keys have so much more to do with being sold at the "right place at the right time"...