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February 2016 Heritage Auction

400 posts in this topic

How much would the DD 177 go for since its dou-shade, all Klaus Janson and Miller never touched the piece.

 

Correct me if I'm wrong but I thought it was on the market not that long ago? I want to say it went for 15k then?

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How much would the DD 177 go for since its dou-shade, all Klaus Janson and Miller never touched the piece.

 

Correct me if I'm wrong but I thought it was on the market not that long ago? I want to say it went for 15k then?

 

Yeah, listed at Clink for $15K back in 2007/8...around then. Sold instantly. Has moved around a couple of times since.

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How much would the DD 177 go for since its dou-shade, all Klaus Janson and Miller never touched the piece.

 

Correct me if I'm wrong but I thought it was on the market not that long ago? I want to say it went for 15k then?

 

Yeah, listed at Clink for $15K back in 2007/8...around then. Sold instantly. Has moved around a couple of times since.

 

Yeah, that was an eternity ago. It was more recently sold on Comiclink (not at auction, but in their regular fixed price listings) - I'm pretty sure it was 2013 plus or minus a year. Don't remember exactly, but think it was around $40-$45K? Anyone remember the exact details?

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There's also a UXM 137 panel page.

 

We need more Byrne and Cockrum X-Men artwork from issues 94-164 to come out of the woodwork. With the recent prices realized across all auction sites, I think that potential sellers will be very pleasantly surprised.

Ciao!

PRC

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There's also a UXM 137 panel page.

 

We need more Byrne and Cockrum X-Men artwork from issues 94-164 to come out of the woodwork. With the recent prices realized across all auction sites, I think that potential sellers will be very pleasantly surprised.

Ciao!

PRC

You've got that right. I've been very surprised by Cockrum 145-164 interiors of late, but most around here are blase on the subject? Maybe it's because I haven't been actively chasing for many years, so wasn't seeing the incremental bumps? Last CLink it was nice to see a sub-$2k panel page again, which is more in line of where I thought these things (average/weaker content, non-splash) were...$1200-$1800.

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...those OA collectors in the know...

Big "given" there. I feel your concern, and essentially agree, but not sure about that as a given. It could be a generational shift at work, no different than what produced the GL76 cover hitting the market. The first GA/SA comic art collectors are aging out demographically, plain and simple. Things that were bought for less than $100 in the 60s and 70s are -in many cases- worth 100x or more than that amount. Essentially winning lottery tickets, yet to be cashed in. While this trend may be a case of organized selling ahead of an anticipated market correction (or even just long stagnation), it could also be a simple case of more medical bills than SSA coming in, so off with the art. Or a combination of both?

 

A number of years ago the big headline for those of us involved in market instrument and RE demographics was "10k Baby Boomers retiring every day" The value of which is marketing life insurance and other "retirement" supplemental products to them. Now or soon that headline will be more prominently "10k new Baby Boomers hitting up SSA and Medicare every day". To eventually be followed by "10k Baby Boomers kicking the bucket every day". There is a big air pocket right behind them (post-bucket) and possibly out as far as GenMillen...so there could be a lot of empty McMansions going out the next twenty-five to thirty-five years, more supply than demand for stocks/bonds, more drag on social/pension payments "out" than payments in, etc etc. And maybe more Boomber-demographic comic art marooned 'no offer' at sky high comp valuations (of days rosier past).

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Just went through the current previews. Does it worry anybody that those OA collectors in the know, who have so much of the nice pieces, seem to be in full dump mode?

 

It doesn't worry me at all since I have no idea why the owner is selling. Could be someone who has decided to sell to fund retirement, or a death.

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Just went through the current previews. Does it worry anybody that those OA collectors in the know, who have so much of the nice pieces, seem to be in full dump mode?

 

There is sooo much art out there, that there's no way this should be perceived as any sort of "dump". This is just another auction...some cashing out, some trading up (things like GL #76 don't buy themselves!).

 

The real test will be when current BSDs sell more than they buy. Not there yet.

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Just went through the current previews. Does it worry anybody that those OA collectors in the know, who have so much of the nice pieces, seem to be in full dump mode?

 

Not worried at all - all my dealer friends tell me it's up, up and away from here! :D

 

I don't think there's much of a conscious decision to dump nice pieces here other than generational/demographic shifts. The GL #76 owner died last year (note to self: you can't take it with you). I don't know who owns all the Spidey pages hitting the market, but, putting the pieces together, it sounds like it's one longtime collector who is at the right point in his life to sell. And, today's prices - life-changing money for a lot of people - certainly make it worthwhile to do so, regardless of whether you think there might be further upside. Doc Dave sold his Frazettas now in large part,.I'm guessing, so he and his wife can better enjoy their golden years.

 

So far, the market is absorbing all this supply with considerable aplomb. I do agree with Albert (as he said in Felix's podcast) that the market is starved for high quality material. There's a lot of pent-up demand and we're seeing some big prices on stuff that hasn't been readily available in the recent past. As I've said before, the bigger worry is what happens when the GenXers age out, because, so far, GenXers seem very eager/willing/capable of taking down what's being sold by the older collectors today. But, that's a question for tomorrow, not today.

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Just went through the current previews. Does it worry anybody that those OA collectors in the know, who have so much of the nice pieces, seem to be in full dump mode?

 

There is sooo much art out there, that there's no way this should be perceived as any sort of "dump". This is just another auction...some cashing out, some trading up (things like GL #76 don't buy themselves!).

 

The real test will be when current BSDs sell more than they buy. Not there yet.

 

A lot of it could all belong to the same guy...

 

When I asked Barry what else was there from the GL 76 cover collection

 

he smiled and said No Comment

 

That sort of smile when you have seen an enormous "Pornucopia of Comic Art"

 

I would suggest however that people hold off on bidding on this February auction as there is bound to be better stuff down the road...so nothing to see here, move along, move along...thank you

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It was also informative to hear from Doc Daves post that there is growing interest in Asia and Dubai in American comic book and strip art. Seems to me the collector base is still expanding.

 

Talk of foreign interest has always struck me as overblown, BUT...since I've become a rep, I have sold art to fans from all corners of the globe. With regards to Asia and the Middle East: China, Japan, Korea, Hong Kong, Thailand, India, UAE, Dubai, Saudi Arabia. Europe and South America may be no big surprise but Russia? Africa? Surprised the hell out of me!

 

Now, I sell relatively affordable art, and these buyers are likely just casual fans. So I don't know of any who are buying Frazettas or Kirbys or what have you, but I do know firsthand that there are fans of American comics all over the world who have become aware of original art. Even of the new non-superhero variety.

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It was also informative to hear from Doc Daves post that there is growing interest in Asia and Dubai in American comic book and strip art. Seems to me the collector base is still expanding.

 

Talk of foreign interest has always struck me as overblown, BUT...since I've become a rep, I have sold art to fans from all corners of the globe. With regards to Asia and the Middle East: China, Japan, Korea, Hong Kong, Thailand, India, UAE, Dubai, Saudi Arabia. Europe and South America may be no big surprise but Russia? Africa? Surprised the hell out of me!

 

Now, I sell relatively affordable art, and these buyers are likely just casual fans. So I don't know of any who are buying Frazettas or Kirbys or what have you, but I do know firsthand that there are fans of American comics all over the world who have become aware of original art. Even of the new non-superhero variety.

 

Also, I don't know what your experience has been, but the big foreign buyers from Asia and the Middle East that I am aware of generally have some connection to North America, the U.K., or other English-speaking countries. Like there is a Middle Eastern whale in the comic book market - but, he went to university in the U.S. where I'm guessing he picked up his love of American comics. Or even guys like tth2 who grew up in America but now live in Hong Kong - lots of expats and/or those who studied in the U.S or U.K. and went back. Of course, there are many who also grew up in Singapore (there's at least a couple/few notable OA players who live there) and HK under strong English influence and traditions. I suspect these are the Asians who are participating the most in comics and comic art - my guess is that there aren't many, say, mainland Chinese buying this stuff up who grew up with limited Anglo or American influence. 2c

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