Jaydogrules Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. I don't think a cap 1 selling for $25k-$30k a point in low-mid grade once or twice a year is going to sink the hobby. -J. Link to comment Share on other sites More sharing options...
lhcomics Posted March 12, 2016 Share Posted March 12, 2016 Feels like hyperinflation to me ...not good for the hobby imo Agreed that goes for any hobby. Nah. Just making up a little ground on the Batman/Superman 1's of the world. -J. And a superman 1 that sold for 80k 2 years ago realistically is a 300k book today. Sorry, my opinion is we are in for a rude awakening sooner or later Slow and steady, that wins the race If this happens I will be the Warren Buffett (small scale version) of comics and buy buy buy some keys that are out of my reach. Link to comment Share on other sites More sharing options...
G.A.tor Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. I don't think a cap 1 selling for $25k-$30k a point in low-mid grade once or twice a year is going to sink the hobby. -J. 5 copies of just cap 1 have already traded hands in 2 months, and those are just the ones I know about. But prices (asking and realized) have escalated too quickly on all keys and this cycle has happened in the past and it closing in on happening again.... just saying it makes me nervous. Maybe it's sustainable for years to come but it's not good for the hobby imo Link to comment Share on other sites More sharing options...
Jaydogrules Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. I don't think a cap 1 selling for $25k-$30k a point in low-mid grade once or twice a year is going to sink the hobby. -J. 5 copies of just cap 1 have already traded hands in 2 months, and those are just the ones I know about. But prices (asking and realized) have escalated too quickly on all keys and this cycle has happened in the past and it closing in on happening again.... just saying it makes me nervous. Maybe it's sustainable for years to come but it's not good for the hobby imo Blue labels ? Private sales ? -J. Link to comment Share on other sites More sharing options...
G.A.tor Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. I don't think a cap 1 selling for $25k-$30k a point in low-mid grade once or twice a year is going to sink the hobby. -J. 5 copies of just cap 1 have already traded hands in 2 months, and those are just the ones I know about. But prices (asking and realized) have escalated too quickly on all keys and this cycle has happened in the past and it closing in on happening again.... just saying it makes me nervous. Maybe it's sustainable for years to come but it's not good for the hobby imo Blue labels ? Private sales ? -J. 3 blue, 2 restored. All private. Public sales are just a fraction of the market activity on ga keys Link to comment Share on other sites More sharing options...
Jaydogrules Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. I don't think a cap 1 selling for $25k-$30k a point in low-mid grade once or twice a year is going to sink the hobby. -J. 5 copies of just cap 1 have already traded hands in 2 months, and those are just the ones I know about. But prices (asking and realized) have escalated too quickly on all keys and this cycle has happened in the past and it closing in on happening again.... just saying it makes me nervous. Maybe it's sustainable for years to come but it's not good for the hobby imo Blue labels ? Private sales ? -J. 3 blue, 2 restored. All private. Public sales are just a fraction of the market activity on ga keys Do you generally find that private sales are a better indicator of FMV than public ones? Or vice versa ? -J. Link to comment Share on other sites More sharing options...
G.A.tor Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. -J. 60k for a 2.0 is nosebleed for the majority of collectors ...id guess an overwhelming % And when prices like this get realized, it's both good and bad. i hope the bad doesn't overshadow the good Link to comment Share on other sites More sharing options...
G.A.tor Posted March 12, 2016 Share Posted March 12, 2016 Nah. The overwhelming demand is in the lower grades. Only a few big fish can swim in the nosebleed grade ponds. I don't think a cap 1 selling for $25k-$30k a point in low-mid grade once or twice a year is going to sink the hobby. -J. 5 copies of just cap 1 have already traded hands in 2 months, and those are just the ones I know about. But prices (asking and realized) have escalated too quickly on all keys and this cycle has happened in the past and it closing in on happening again.... just saying it makes me nervous. Maybe it's sustainable for years to come but it's not good for the hobby imo Blue labels ? Private sales ? -J. 3 blue, 2 restored. All private. Public sales are just a fraction of the market activity on ga keys Do you generally find that private sales are a better indicator of FMV than public ones? Or vice versa ? -J. they are both part of the equation, naturally. Link to comment Share on other sites More sharing options...
Chicago Boy Posted March 12, 2016 Share Posted March 12, 2016 All this talk makes me wonder what a blue .5 would go for these days? Link to comment Share on other sites More sharing options...
AnkurJ Posted March 13, 2016 Share Posted March 13, 2016 All this talk makes me wonder what a blue .5 would go for these days? Depends what's wrong with it. If simply incomplete with s decent looking cover? $12-15k? Link to comment Share on other sites More sharing options...
Chicago Boy Posted March 13, 2016 Share Posted March 13, 2016 That's what I was thinking. Decent cover but missing a centerfold or 2 I wouldn't be surprised if someone could get 20k for either of those actually Link to comment Share on other sites More sharing options...
Jaydogrules Posted March 13, 2016 Share Posted March 13, 2016 All this talk makes me wonder what a blue .5 would go for these days? Depends what's wrong with it. If simply incomplete with s decent looking cover? $12-15k? No way Jose. Two restored trimmed 0.5's have gone for $16k+ recently. There's only one blue label 0.5 on the census and that would be a $20k+ book easy. Easy. -J. Link to comment Share on other sites More sharing options...
Chicago Boy Posted March 13, 2016 Share Posted March 13, 2016 Agree. Both of those .5's had brittle pages too. . Link to comment Share on other sites More sharing options...
AnkurJ Posted March 13, 2016 Share Posted March 13, 2016 Great googaly moogaly! Link to comment Share on other sites More sharing options...
VintageComics Posted March 13, 2016 Share Posted March 13, 2016 All this talk makes me wonder what a blue .5 would go for these days? Depends what's wrong with it. If simply incomplete with s decent looking cover? $12-15k? Clink sold a nice looking Qualified 4.0 copy that was otherwise unrestored with a missing centerfold for $25K nearly two years ago. I believe it was sold by a boardie. Link to comment Share on other sites More sharing options...
Jaydogrules Posted March 13, 2016 Share Posted March 13, 2016 All this talk makes me wonder what a blue .5 would go for these days? Depends what's wrong with it. If simply incomplete with s decent looking cover? $12-15k? Clink sold a nice looking Qualified 4.0 copy that was otherwise unrestored with a missing centerfold for $25K nearly two years ago. I believe it was sold by a boardie. It was a boardie and if I'm not mistaken it started off as an incomplete blue label 0.5. -J. Link to comment Share on other sites More sharing options...
Jaydogrules Posted March 19, 2016 Share Posted March 19, 2016 I really hope it sells for $60k With the way GA mega keys have been selling especially in unrestored condition, I think anything can happen. The 2.0 on C-link ended up selling for the $45k that I predicted. -J. Link to comment Share on other sites More sharing options...
Dark Knight Posted March 19, 2016 Share Posted March 19, 2016 I really hope it sells for $60k With the way GA mega keys have been selling especially in unrestored condition, I think anything can happen. The 2.0 on C-link ended up selling for the $45k that I predicted. -J. That should be a new high for a 2.0 Link to comment Share on other sites More sharing options...
Gotham Kid Posted March 23, 2016 Share Posted March 23, 2016 Anyone know the grade and sale price of the highest restored copy sold publicly ? Any thoughts on what a 9.4 EP copy will sell for at auction ? Link to comment Share on other sites More sharing options...
Jaydogrules Posted March 23, 2016 Share Posted March 23, 2016 The highest price ever paid for a restored copy was $64k for the 9.0 SP Church copy in Feb 2004. The highest graded restored copy sold was a MP 9.4 that sold for $26k in Nov 2010. I have no idea what an EP 9.4 copy would sell for now. Maybe $125k (if it wasn't an igb re-re-creation)? -J. Link to comment Share on other sites More sharing options...