Golden Age Strange Adventures #12 (Grade/Price) Evaluation

[batmanfan13]

Hello,

 

I have a question for anyone that might read this and would like to comment. In general when trying to put a price on a comic that does not have many graded issues along with only a few sold copies over the years how would one try to figure the right price? The comic book in question is Strange Adventures #12 from 1950. This copy is exceptional it’s the nicest golden age book I have ever owned pictures don’t give it justice. I have sent it to the Restoration lab for Susan to work on if needed (Press Dry clean) before submitting to CGC. Looking at the previous high graded copies (9.2 and up) this copy out shines them by a wide margin overall (defects, interior page quality, and overall cover gloss).

 

The average sell price for a 9.2 is $1,050 (10+ years since last high grade sale) currently there is a 8.5 for sale for $600. For a moment if one was to assert that this copy is in the realm 9.6 or better (look at scans for reference) the caveat being we all know how rare high grade on any book this age is how would you come to overall conclusion of value? There is currently 30 issues graded total in the census with only two 9.2's and a single 9.6 all of which have been sold years ago. I don't believe the 9.6 has ever come to market. My theory would be assuming that high grade Golden age might increase in value at 3% year over year given an average of 10 years since the last high grade sale I would put a base value of ballpark $1,400 on a CGC graded 9.2. Taking that amount into account I would seem to think that a 9.4 would be around 50% higher in value in a 9.4 which would be around $2,100 or more. Where I start to loose track for evaluation considering there are only a handful of high end copies my theory would be a 9.6 for $3,500 and a 9.8 for $7,000. At this metric as an educated guess am I on the right track?. If so is there any additional premium being the highest graded copy of any book with one of one being the single highest copy? This is all just speculation but interesting to find out how someone would judge any golden age book in this manner and if I am in the ball park.

 

Regards,

 

Jason

 

Note: Purchased last week online (White spec was a piece of something was not there when received)

 

Note: Last two photos are of the last two 9.2's sold you can find them on HA Auction if you would like see source:

 

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[comicquant]

Awesome book! Looks like a 9.6. There seems to be a bit of color-wear on the top right corner as well as a tiny dent (could just be the image) on the outer edge of the front cover right below where the green tree root touches the edge. Which could be pressed out. Outside of that, from the scans shown, the book looks perfect. No disrespect to senior citizens, but its amazing to think something can look this nice after 65+ years.

[Topnotchman]

To accurately grade the condition of a book from this era, I would need to see the condition of the inside covers. Tanning, foxing and stains are common and are an important factor when placing a grade on the book. Could easily grade an 8.5 or better from the pictures presented.

[batmanfan13]

If I had to put a number on it I would say 9.6 is a sold grade not really sure what would constitute a 9.8 for a golden age but maybe its nice enough. What do you think of the price points do you think i'm on the right track? Thanks for your opinion!!

[comicquant]

If I had to put a number on it I would say 9.6 is a sold grade not really sure what would constitute a 9.8 for a golden age but maybe its nice enough. What do you think of the price points do you think i'm on the right track? Thanks for your opinion!!

 

I'm not sure about the price points. I don't have enough knowledge of the GA market to even speculate. I looked at GPA and there's not even enough data to make an educated guess. I'm sure there are dealers on the boards who could give you an accurate overview on pricing.

[jimjum12]

There's a SA 16 in CGC 9.4 in a current auction, at Heritage, I think. A book like that might give you some insight towards expectations. Personally, I love these old DC sci-fi books, but they're not what you'd call mainstream books. They have their market, but it isn't like Spidey or Batman where you have thousands of people with deep pockets competing for registry points.... and that is where you see the exponential increases at each grade increment. Depending on who is bidding on a given day, for a book like this, it's often possible for a 9.6 to actually sell for less than a 9.4. Your book, from the pictures looks 9.4 or better.... which is admirable, to say the least. I'd expect 2500 on an average day..... maybe more if two high rollers decide to duke it out at auction. GOD BLESS...

 

-jimbo(a friend of jesus)

[batmanfan13]

Thank you for the response I was on HA this morning and I came across a SA #13 9.6 that sold back in 2002 for $3,565 it will be interesting to see what mine grades out at but I think I did good on this purchase. If I where to take that into account with maybe a 2-3% increase every year for high end golden age I would think this book could be worth $4,200-$4,600 maybe. 9.8's are a strange one I guess in the end its worth what someone is willing to pay for it. Below is the photo's

 

Jason

 

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