Interesting GA collection on the Bay. 2 2

[MustEatBrains]

Came across this auction and while it looks like a really neat find looking at the current 40k bid and still yet to meet reserve was wondering what a decent FMV on this lot would be.  Seller is obviously not a numerical grader but some do seem to be decent copies from the limited pictures they posted.  I personally couldn't/wouldn't be a player on this but some folks are taking a big leap of faith on this one.

 

https://www.ebay.com/itm/Very-Large-Collection-of-Golden-Age-Comics-Batman-Superman-Action-Detective-Plus-/302486250388?hash=item466d95e394:g:-B0AAOSwrWZZ4Cwd

 

 

[Robot Man]

Looks like an estate find. This is a relist. Seller originally had a buy it now at $250,000 on them. Nice find!

[telerites]

Yeah I have been tracking it.  Wonder if the reserve is or near his previous BIN.  No way I would pay that much for raw books with personal inspection.  But then again, I don't have enough swag to play anyway 

[Dark Knight]

Don't think reserve will hit

[telerites]

2 hours ago, Dark Knight said:

Don't think reserve will hit

Do you know what the reserve is?  Just curious if the seller put it at at his previous BIN?

[MustEatBrains]

5 hours ago, telerites said:

Do you know what the reserve is?  Just curious if the seller put it at at his previous BIN?

I did request however seller does not want to disclose the reserve.  Couched it under the context of not being fair to others....

[telerites]

20 minutes ago, MustEatBrains said:

I did request however seller does not want to disclose the reserve.  Couched it under the context of not being fair to others....

Thanks.  I assume it is pretty close to or at the BIN he had listed.  I do understand not wanting to disclose a reserve.  I personally never even bother with reserve auctions but that is just me.  Unless it explodes in the last few hours, I doubt it will get to whatever is set.  

I am not  DC collector so I have no idea what the value and since he doesn't assign a grade, you would think those bidding may have asked to look at the collection.  Assume they are local or nearby as it is local pick-up only but I guess someone may drive in or fly in to have them shipped themselves.  I still just cannot imagine bidding at that level without prior inspection from an unknown seller with this being their only comic listing in the current for sale items.  Still be interesting to see where it ends up.

[gadzukes]

Gorgeous collection.  Have any of you boardies actually gone thru the list to determine an approximate value?  

[MustEatBrains]

4 minutes ago, gadzukes said:

Gorgeous collection.  Have any of you boardies actually gone thru the list to determine an approximate value?  

I haven't.  Think there's around 200 or so books and with the current bid averages to 225 a book.  So hard to estimate value imo without seeing in person unless you assign an average grade to all and look up one by one.  The lister is fairly general with grades i.e. "Nice" could be a 3 or an 8.  Wouldn't be surprised at it finishing 60-70k or so though.

Will be fun to watch where this lands for sure!

[Bat34]

Is it just me or do those spines look terrible across the board?  Some of those pics are blurry so can't tell for sure...

[batman_fan]

Lots of cool stuff but they look pretty low grade.

[lou_fine]

12 minutes ago, batman_fan said:

Lots of cool stuff but they look pretty low grade.

Plus they also all appear to be non-key mid run books in desperate need of a good press job. 

[batman_fan]

50 minutes ago, lou_fine said:

Plus they also all appear to be non-key mid run books in desperate need of a good press job. 

Definitely a whole lot of spine roll to work on !

[path4play]

I had bid in but was lower than current bid (which is still lower than reserve).  Kind of dice roll, and getting riskier imo with additional $k.  But, sure would be fun time to go through the pile, grade, label, keep favorites and offer rest for sale to fellow boardies!

 

 

[roulette44]

Look at the one bidder who has personally bid on it like 20 times last 2 days  hmmm.......

[path4play]

On 10/21/2017 at 12:01 PM, Robot Man said:

Looks like an estate find. This is a relist. Seller originally had a buy it now at $250,000 on them. Nice find!

maybe 5x fmv if each was meticulously posted individually?  Good lord.  

[rjpb]

It's over 250 books, but many of them appear to be in fairly low grade, probably averaging no better than good. Right now it's at about 180 a book, which is more than half of them would sell for individually in that shape. There is a Tec 122 in the lot, but no other keys pop out from the listing.  Without a better idea of what someone is buying, I'm surprised it's even gone as high as it has.

[jimjum12]

Looks like a lot of time and effort went into processing them, but unless there are some VERY nice copies mixed in that I'm not seeing.... I'd think 300 fmv for the better ones and as low as 50 for some of the worse ones...... with a few ringers sprinkled in...... most are from the tough late 40's/early 50's era, but the market has become so key-centric that this group may be a several year sell through project  if piecing out. GOD BLESS...

-jimbo(a friend of jesus)

[batman_fan]

That Batman 47 is listed as n (nice) so you got that going for you

[jimjum12]

I'd like one............. never owned a 47....................but @ 250K, that's a grand per book............ he'll go to his grave waiting for that price, unless someone really naïve shows up. He would need quite a few more Capital "n"'s to be worth that....GOD BLESS....

-jimbo(a friend of jesus)