Another stellar deal from Metropolis?

[oakman29]

I wouldn't mind a restored mega key like F.F. #1,AF15 etc. My mind says that a trimmed book is where I must stop,and refuse to own one in my collection.

[Spiderphill]

Assuming apparent grade is accurate (plausible based on FC scan)

 

6.0 MA = 30% x $19,500 = $5,850

6.0 EA = 20% x $19,500 = $3,900

 

Fair price should be around $3,500-$4,500 or 1.5-2.0 unrestored

 

This is one book (among a few other keys) where a restored high-grade copy could be very lucrative in the near future. With high grade copies out of reach of 99.99999999% of the population, a restored high-grade is the next best thing.

 

With the trimming, you could send it to get some color touch (maybe leaf casting for the chipping) to get to a 9.0 EP = 15-20% x $120,000 (up to interpretation - could be a lot higher) = $18,000-$24,000.

 

Net, even with an 8.0 EP there could be some significant profit here if done well.

 

Of course this market is undervalued at this point and I am speculating a bit. But with comics being one of the only antiques where restoration (done properly by professionals ONLY) is frowned upon so heavily.

 

Just my

Those are some big spec numbers on an Extensive silver age book.

[BarryAllen]

Assuming apparent grade is accurate (plausible based on FC scan)

 

6.0 MA = 30% x $19,500 = $5,850

6.0 EA = 20% x $19,500 = $3,900

 

Fair price should be around $3,500-$4,500 or 1.5-2.0 unrestored

 

This is one book (among a few other keys) where a restored high-grade copy could be very lucrative in the near future. With high grade copies out of reach of 99.99999999% of the population, a restored high-grade is the next best thing.

 

With the trimming, you could send it to get some color touch (maybe leaf casting for the chipping) to get to a 9.0 EP = 15-20% x $120,000 (up to interpretation - could be a lot higher) = $18,000-$24,000.

 

Net, even with an 8.0 EP there could be some significant profit here if done well.

 

Of course this market is undervalued at this point and I am speculating a bit. But with comics being one of the only antiques where restoration (done properly by professionals ONLY) is frowned upon so heavily.

 

Just my

Those are some big spec numbers on an Extensive silver age book.

 

I agree, big numbers. The market it is still young and I think most would agree that this is the next big wave in these keys. Individuals will have to stand their ground as to what "defects/restoration" they will accept (no different than today with blue labels and FC vs BC, tape, etc). But my guess is that the people that are buying these that aren't hardcore collectors will not care whether or not a book has been trimmed or about the size of the pieces that were added.

 

Side note - I do know of a 9.0 EA version of this book (signature series) that sold for around the quoted prices.

[nearmint]

There is restoration and there is conservation...

 

Pieces added? Depends on how many and how big.

 

 

However, books residing in purple labels that say things like 'staples cleaned', 'tear seals'. 'cover cleaned' or 'cover reinforced' and were not subjected to trimming or heavy color touch are going to look VERY attractive one day.

 

I would agree with you on that thought...

 

That day is coming very soon.