G.A.tor Posted July 10, 2018 Share Posted July 10, 2018 52 minutes ago, Jaydogrules said: A 7.5 for $257k and a 6.5 for $175? You guys are crazy those are two very underwhelming results for this book. The only question is whether or not it's because of a mini glut of blue label copies on the open market this year, or if it is indicative or ominous of something bigger. -J. And I think of a 7.5 selling for $40k just a handful of years ago and am super impressed with a quarter of a million Gotham Kid 1 Link to comment Share on other sites More sharing options...
Jaydogrules Posted July 10, 2018 Share Posted July 10, 2018 2 minutes ago, G.A.tor said: And I think of a 7.5 selling for $40k just a handful of years ago and am super impressed with a quarter of a million Considering that a 3.5 just sold for $120k in April, yeah those are some unimpressive numbers for a 6.5 and a 7.5 . -J. streyouttacomics 1 Link to comment Share on other sites More sharing options...
G.A.tor Posted July 10, 2018 Share Posted July 10, 2018 (edited) 1 hour ago, Jaydogrules said: Considering that a 3.5 just sold for $120k in April, yeah those are some unimpressive numbers for a 6.5 and a 7.5 . -J. I find that to be a crazy impressive number as well, but it is all relative...there is nothing "linear" about a 3.0 sale and a 6.5 sale...they are generally 2 different type of collectors at this price level anyone that doesn’t find 275k a fantastic result for a cap 1 in 7.5 just doesnt appreciate the sales history of the book and might be missing the big picture (imo) Edited July 10, 2018 by G.A.tor Link to comment Share on other sites More sharing options...
Jaydogrules Posted July 10, 2018 Share Posted July 10, 2018 (edited) 2 hours ago, G.A.tor said: I find that to be a crazy impressive number as well, but it is all relative...there is nothing "linear" about a 3.0 sale and a 6.5 sale...they are generally 2 different type of collectors at this price level anyone that doesn’t find 275k a fantastic result for a cap 1 in 7.5 just doesnt appreciate the sales history of the book and might be missing the big picture (imo) Compared to the recent 3.5 for 120k in April, a 2.0 on Comiclink for 90k in March, 1.5 for 70k, last December... The realized prices for these last two copies look like straight up poop to me, especially the 6.5 (although that one may have something to do with CGC putting a restored book into a blue holder and buyers not being too keen on that). Maybe these two sales will end up being anomalies, they went for well below the 40k a point the book was pushing on average prior to these two low sales. -J. Edited July 10, 2018 by Jaydogrules Link to comment Share on other sites More sharing options...
Chicago Boy Posted July 10, 2018 Share Posted July 10, 2018 (edited) I agree with Rick ( hence the 2 copies sitting on CLINK exchange ) but I always felt it was under appreciated ( hence under valued ) for so long. MCU or no MCU. I had bigger hopes for the 2 above mentioned sales but it’s not surprising these days from what I’ve been seeing oublicakky with big books. What was the original print run on this big boy ?? 1,000,000 if memory serves ? Existing copies —possibly 300-500 ?? Edited July 10, 2018 by Chicago Boy showcase22gr1959 1 Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted July 10, 2018 Share Posted July 10, 2018 (edited) 1 hour ago, Jaydogrules said: Compared to the recent 3.5 for 120k in April, a 2.0 on Comiclink for 90k in March, 1.5 for 70k, last December... The realized prices for these last two copies look like straight up poop to me, especially the 6.5 (although that one may have something to do with CGC putting a restored book into a blue holder and buyers not being too keen on that). Maybe these two sales will end up being anomalies, they went for well below the 40k a point the book was pushing on average prior to these two low sales. -J. The 2.5 sold for 95K The entry level for super golden age keys .5--3.5 will command a higher FMV per price point. Perhaps in time with lower grades increasing rapidly; hence, the mid to higher grade will expand higher as well. Edited July 10, 2018 by showcase22gr1959 Gotham Kid 1 Link to comment Share on other sites More sharing options...
shortboxed Posted July 10, 2018 Share Posted July 10, 2018 What's FMV for a 1.0 these days? Based on those 3 recent low-grade sales quoted above, the price-per-point 1.0 equivalent comes out to $46k, $38k, and $35k. Is the $35-45k range realistic for a 1.0 or would it fetch closer to $50k? Obviously depends on the book/eye appeal, just looking for some sort of baseline. Link to comment Share on other sites More sharing options...
G.A.tor Posted July 10, 2018 Share Posted July 10, 2018 8 minutes ago, showcase22gr1959 said: The 2.5 sold for 95K The entry level for super golden age keys .5--3.5 will command a higher FMV per price point. Perhaps in time with lower grades increasing rapidly; hence, the mid to higher grade will expand higher as well. Exactly. That’s why I say lower grade sales don’t lend to mid/upper as a “linear” relationship gino2paulus2 and showcase22gr1959 2 Link to comment Share on other sites More sharing options...
Gotham Kid Posted July 10, 2018 Share Posted July 10, 2018 35 minutes ago, showcase22gr1959 said: The entry level for super golden age keys .5--3.5 will command a higher FMV per price point. not only with Cap1 but pretty much all the GA keys. showcase22gr1959 and gino2paulus2 2 Link to comment Share on other sites More sharing options...
Jaydogrules Posted July 11, 2018 Share Posted July 11, 2018 3 hours ago, showcase22gr1959 said: The 2.5 sold for 95K The entry level for super golden age keys .5--3.5 will command a higher FMV per price point. Perhaps in time with lower grades increasing rapidly; hence, the mid to higher grade will expand higher as well. I might have agreed with this had an 8.0 not sold for $288k two and a half years ago. ($36k a point, back then) -J. Link to comment Share on other sites More sharing options...
bluechip Posted July 11, 2018 Share Posted July 11, 2018 (edited) 3 hours ago, Gotham Kid said: not only with Cap1 but pretty much all the GA keys. At the higher grades the numbers correlate more predictably with eye appeal. The focus on structure at the upper end will mean that most 7.0s will tend to look slightly less perfect than most 7.5s or 8.0s. Not so at the lower grades, where a structural defect you may not even care about or even see in the slab can hammer a book that's otherwise very attractive, whereas another book might be structurally more sound but less appealing in the slab. And below 2.0 the differences in both eye appeal and structure can be enormous from one book to another whilst the grade numbers are identical. Edited July 11, 2018 by bluechip gino2paulus2 and shortboxed 2 Link to comment Share on other sites More sharing options...
showcase22gr1959 Posted July 11, 2018 Share Posted July 11, 2018 26 minutes ago, Jaydogrules said: I might have agreed with this had an 8.0 not sold for $288k two and a half years ago. ($36k a point, back then) -J. If you look at some of the other top GA keys the last five years: Action 1, Detective Comics 27, Batman 1, Superman 1, Marvel Comics 1. These books in .5--3.5 range has increased at a much higher rate that the mid to higher grade. Entry level copies "to own a copy" are in much higher demand and more affordable. Perhaps, the mid to higher grade will play catch-up once these entry level copies becomes more costly. Of course, these entry levels mega keys are not more affordable for everyone. LDarkseid1 and Gotham Kid 2 Link to comment Share on other sites More sharing options...
Jaydogrules Posted August 30, 2018 Share Posted August 30, 2018 The 5.5 in the CC auction went for $158k- a noticeable improvement over what the re-constituted 6.5 blue label went for on Ebay in late June ($175k). Perhaps, as someone mentioned earlier, the restoration notes on that 6.5 negatively impacted it a bit after all. -J. Link to comment Share on other sites More sharing options...
Chicago Boy Posted August 30, 2018 Share Posted August 30, 2018 27 minutes ago, Jaydogrules said: The 5.5 in the CC auction went for $158k- a noticeable improvement over what the re-constituted 6.5 blue label went for on Ebay in late June ($175k). Perhaps, as someone mentioned earlier, the restoration notes on that 6.5 negatively impacted it a bit after all. -J. I’m a big fan of Cap 1 as you know. Heck , I think it should be the top Marvel book and #3 book in the hobby. Unfortunately the major steam it garnered over the last few years seems to be petering out. I think it’s safe to say that it is not in the same discussion as Bats 1 anymore. Link to comment Share on other sites More sharing options...
Jaydogrules Posted August 30, 2018 Share Posted August 30, 2018 6 minutes ago, Chicago Boy said: I’m a big fan of Cap 1 as you know. Heck , I think it should be the top Marvel book and #3 book in the hobby. Unfortunately the major steam it garnered over the last few years seems to be petering out. I think it’s safe to say that it is not in the same discussion as Bats 1 anymore. The weirdly low 7.5 sale on comiccoonect for $257k a couple months ago, followed by the (nearly) un-restored 6.5 on Ebay definitely didn't help anything. That 7.5 should have hit $300k easy. This 5.5 sale puts expectations back on track a bit. -J. Link to comment Share on other sites More sharing options...
dem1138 Posted August 30, 2018 Share Posted August 30, 2018 40 minutes ago, Jaydogrules said: The weirdly low 7.5 sale on comiccoonect for $257k a couple months ago, followed by the (nearly) un-restored 6.5 on Ebay definitely didn't help anything. That 7.5 should have hit $300k easy. This 5.5 sale puts expectations back on track a bit. -J. I think its fruitless to try to develop some sort of linear argument on books in this 100+ range. You develop a sense of the market and an approximation of what a book like that should sell for and you'll find some consistency in that range. But there's probably 2-3 buyers of this book at that level at that time and thats way too small of a sample size to make a concrete argument. I agree that its a book that was heating up and has found its footing as more copies have come to market. buttock and Gotham Kid 2 Link to comment Share on other sites More sharing options...
TeddieMercede Posted August 30, 2018 Share Posted August 30, 2018 11 hours ago, Jaydogrules said: The 5.5 in the CC auction went for $158k- a noticeable improvement over what the re-constituted 6.5 blue label went for on Ebay in late June ($175k). Perhaps, as someone mentioned earlier, the restoration notes on that 6.5 negatively impacted it a bit after all. -J. This 5.5 had great colors and PQ = went for more. Link to comment Share on other sites More sharing options...
Jaydogrules Posted August 30, 2018 Share Posted August 30, 2018 40 minutes ago, TeddieMercede said: This 5.5 had great colors and PQ = went for more. I think the consensus is that somebody went a little crazy with photoshop on those scans. Still a nice looking book though. But a 3.5 on HA with "LT/OW" on the label went off $119.5k earlier this year. Then the 7.5 on CC went low followed by the 6.5 on Ebay with restoration notes. Those two sales looked to be a break in the momentum of the book, but as I said this 5.5 was a bit of a bounce back. -J. Link to comment Share on other sites More sharing options...
Chicago Boy Posted August 30, 2018 Share Posted August 30, 2018 (edited) I saw a few mid grade for sale at WW last week. Plus this one that just went and the 2 for sale in the clink exchange are still available. Plus a front cover and some nice single pages. A little bit for everyone. Surprised those pages haven’t sold. Edited August 30, 2018 by Chicago Boy Link to comment Share on other sites More sharing options...
Chicago Boy Posted August 30, 2018 Share Posted August 30, 2018 I think what will be interesting if the Flash 1 Qualified 1.0 with missing pieces breaks the ppp for a Cap 1 Universal recently. Link to comment Share on other sites More sharing options...