Overstreet Adding VG and VF/NM Prices, WOW!!

[drbanner]

Long overdue...

 

Overstreet Adding VG and VF/NM values to the next price guide!

[MikeS]

Wow, this is very good news. About time!

[AlexH]

Thanks for the story. That's great to hear.

[Bonds25]

Is a VF/NM column really needed? Maybe the VG will be a good idea, but I think people can figure out the VF/NM value when the values are already there for VF and for NM.

[comicinvestor-migration]

But is Overstreet really going to research each and every issue for specific VF/NM prices? I can't see how, when in the past it's been a mathematical split, no matter the issue or its individual demand in a given grade.

 

Like ASM 28, which is a killer to find in NM, but doesn't carry that higher price down to the lower grades. Overstreet is wrong to price that issue higher than other ASM's of similar vintage in Fine condition, while other stores have understood this inherent problem and adjusted down.

 

Check out Milehigh's listing:

 

http://www.milehighcomics.com/cgi-bin/backissue.cgi?action=list&title=77906321824&publisher=MV&snumber=51

[blowout]

"Is a VF/NM column really needed? Maybe the VG will be a good idea, but I think people can figure out the VF/NM value when the values are already there for VF and for NM."

 

......this is exactly where the biggest problems lie in the current price system.............

 

.......the NM price in overstreet is just not acurate for some books, and there is a huge discrepency between VF/ NM and NM on most silver and bronze keys..............

 

.....the price they list currently as NM is probably a more realistic one for VF/ NM, then that gives them some room to adjust up the NM value on books that comand high premiums in the highest grade...............

 

......long overdue.............

[aardvark88]

I think CBG/Krause Publications will be 1st off the press w/ a Std Catalog of cgc prices. Hopefully, next summer release in time for comicon season.

[Bronty]

Speaking of milehigh's listing...

 

 

Gee, $75 for a fair copy. What a steal. Somebody hold me back from writing a check!

[Guest]

This is one of those rare bits of news that really excites me. It will hopefully address the fact that the current NM listing has pretty much been a de facto VF/NM listing for books prior to 1975, and some after.

 

If they'd expand the market reports, and publish a quarterly update, I can die happy.

[Mister_Comics]

Thats fine and dandy. I'm glad about this OVERSTREET change, but I wish they would of added something of a higher then 9.4 The 9.6 to 10.0 are so way out there as far as prices.

 

I wonder if any of the grade discriptions are being updated???

[blowout]

"...but I wish they would of added something of a higher then 9.4 The 9.6 to 10.0 are so way out there as far as prices."

 

.....i don't think overstreet would or should get involved in the super-high grade pricing................

 

......there is just no reliable sales data for the huge fluctuations in prices that books in 9.6 - 10.0 bring................

 

[greggy]

Dan, you know better than that at this time in your life!

[Guest]

Gee, $75 for a fair copy. What a steal. Somebody hold me back from writing a check!

Send it in Canadian funds....

[murph0]

Anyone know when #33 is coming out? Hopefully it won't go into "delay hell" like the last one.

 

Brian

[drbanner]

The next issue won't come out until April or May. As for quarterly or monthly updates, I hope not. When Overstreet did this back in the early-mid 90's, the monthly price increases were almost formulaic and prices spiked incredibly over a period of 2-3 years. Unfortunately, I think it was more a case of Overstreet's price guide driving the market rather than the other way around.

 

Since CGC books hit the streets, the market has exploded, yet no monthly/quarterly updates? This will only make sense when a CGC-based price guide comes out, and that is really the only good point to introduce 9.6-10.0 prices. Up to this point, I don't think there has been solid data on NM+ and better books since both the grading standards and prices very so much. Also, some dealers don't use grades higher than NM, so all the NM+ or better books they sold would be included as NM copies.

 

Is a VF/NM column really needed? Maybe the VG will be a good idea, but I think people can figure out the VF/NM value when the values are already there for VF and for NM.

 

Prior to the ever-increasing price spreads, you could take the average of VF and NM to arrive at a VF/NM price. However, a close look at the CBG price spreads reveals a spread of 1:2.1:4.8 for VF:VF/NM:NM, and the spread is going to continue to grow...

[Guest]

As for quarterly or monthly updates, I hope not. When Overstreet did this back in the early-mid 90's, the monthly price increases were almost formulaic and prices spiked incredibly over a period of 2-3 years.

Monthly is definitely too frequent... the market doesn't shift that quickly. But I think a quarterly update would help, maybe more for the raw dealer data reported and market reports rather than the actual guide prices. Obviously, if the NM price of ASM 173 (for example) is advanced formulaicly each update, then the update quickly stops being a true reflection of the market.

[NativeNewYorker]

They forgot to mention that they will also be adding to the price. Expect the new OG to list for $30 or so with the extra pages.

 

Ted