TOP TEN Things Learned from Latest Comic Connect Auction

[markseifert]

 

10) Any auction that's more than 10 days long is too long

 

 

This, times 1 Million

 

Comic Connect and CLink seem to utilize two weeks of bidding for their listings. Heritage Sunday auctions are for one week but their event auctions are longer.

 

In my humble opinion, from a seller's perspective it is obviously best for them.

 

Heritage is doing nearly a billion a year in auction sales across all their categories, so you can bet they've analyzed optimal auction length from every conceivable angle.

[Sqeggs]

Looks to me that CC is the auction house to consign your books to get top dollar.

you Speak from experience

 

I've had my books auctioned off at practically every major auction house (CC, CL, HA, Ebay) and from the four, I did the best in CC. Yes, I guess quality and key books will get the best selling prices, but not all the time. Timing is important I agree. Event auctions are the better venues to sell books rather than the monthly auctions to realize higher sale prices. I'm sure a few of us forget or don't even look at the monthly auctions.

 

Maybe the catalogs really do make a difference?

 

They do for me. I invariably end up bidding on books in CC and HA auctions that I would probably have passed over if I had only had the online listings available.

 

Although CL doesn't -- so far as I know -- issue catalogs, the handy way they line up your bids partly compensates for it.

[Sqeggs]

 

10) Any auction that's more than 10 days long is too long

 

 

This, times 1 Million

 

Comic Connect and CLink seem to utilize two weeks of bidding for their listings. Heritage Sunday auctions are for one week but their event auctions are longer.

 

In my humble opinion, from a seller's perspective it is obviously best for them.

 

Heritage is doing nearly a billion a year in auction sales across all their categories, so you can bet they've analyzed optimal auction length from every conceivable angle.

 

Good point, that.

[Bunky Brian]

With apologies to Letterman....

 

10) Any auction that's more than 10 days long is too long

 

9) "Extended Bidding Time" is a good idea but should not last longer than 1 minute each

 

8) Tape on a key book? Does not matter, it will sell high

 

7) Books that do not sell at all on these boards will sell for 30% more during a

Comic Connect auction

 

6) "Incomplete" copy of a key book? Does not matter, it will sell high

 

5) Lower grade copies of key book will sell for 60%+ more than a readily available, higher grade copy during a Comic Connect auction

 

4) One or two outlier sales causes everyone to believe their books have suddenly skyrocketed in value overnight

 

3) Brittle paged copy of key book? Does not matter, it will sell high

 

2) Restored copies of key book? Does not matter, it will sell high

 

1) Even major comic book auction houses can have obvious shill bidding.

 

 

 

-J.

 

 

Great top ten list, I agree with all 100%

[Marvel Zombie]

With apologies to Letterman....

 

10) Any auction that's more than 10 days long is too long

 

9) "Extended Bidding Time" is a good idea but should not last longer than 1 minute each

 

8) Tape on a key book? Does not matter, it will sell high

 

7) Books that do not sell at all on these boards will sell for 30% more during a

Comic Connect auction

 

6) "Incomplete" copy of a key book? Does not matter, it will sell high

 

5) Lower grade copies of key book will sell for 60%+ more than a readily available, higher grade copy during a Comic Connect auction

 

4) One or two outlier sales causes everyone to believe their books have suddenly skyrocketed in value overnight

 

3) Brittle paged copy of key book? Does not matter, it will sell high

 

2) Restored copies of key book? Does not matter, it will sell high

 

1) Even major comic book auction houses can have obvious shill bidding.

 

 

 

-J.

 

 

Great top ten list, I agree with all 100%

 

Is the OP trying to tell us that there is a bubble in the makings. With big books going on C-cnect for 40-50% above estimate (cf. restored action 1, tec27 etc.). Or are we due for a price correction?

[Dark Knight]

Only way to really tell is to see another sale later on.