How to burn cash by resubmitting books.

[Arty]

I was searching for cool GA covers at Heritage and stumbled into this.

 

Same book auctioned two times within few months. (recognised it because of the date stamp)

 

Saturday, December 07, 2002

Blue Beetle #50 CGC VF+ 8.5 Off-white to white pages

$690

 

Sunday, July 07, 2002

Blue Beetle #50 CGC VF/NM 9.0 Off-white to ... CGC

VF/NM 9.0

$1,150

 

Resubmitted between auctions, but it was downgraded

Speculator lost $460+grading fee.

 

If you have registered to heritage check their permanent auction archive and use search word Blue Beetle 50.

 

 

 

[Guest]

HOW WAS IT DOWGRADED??

VF+ THE FIRST TIME.

THEN VF/NM.

?????

[Rickdogg]

Ummm, he included the dates.

[aardvark88]

Note the Blue Beetle was submitted after the San Diego comicon deluge of cgc submissions. Also, the cgc graders may have lowered the grade to 8.5 after being in AWE of the horde of Nic Cage/Metropolis ultra-hi grade gold bks.

[PovertyRow]

?????

 

It went from 9.0 to 8.5.

[BachelorOfComix]

HOW WAS IT DOWGRADED??

VF+ THE FIRST TIME.

THEN VF/NM.

?????

 

Cheers,

 

Bachelor of Comics

[Arty]

My first thread on these boards Oh well....how little did I know back then...

 

Now over two years and 1100 posts later, that unfortunate Blue Beetle 50 is finally back in 9.0 slab.

 

July 4, 2002, Sold for $1150 as CGC 9.0

 

December 5, 2002, Sold for $690 as CGC 8.5

 

November 20, 2003, Sold for $1035 as CGC 8.5

 

Back again as 9.0