Action #1 And Captain America Comics #1 eBay Auctions 4 4

[comicquant]

Something you don't see very often.  Sparkle City has a raw Action #1 and a slabbed 6.5 Captain America Comics #1 up for auction.  

https://www.ebay.com/itm/Action-Comics-1-Original-Authentic-1938-10c-DC-Comic-1st-Superman-WHITE-PAGES-/382488937438?hash=item590e1e03de

https://www.ebay.com/itm/Captain-America-Comics-1-CGC-6-5-Timely-Comic-MEGA-KEY-1st-Cap-Red-Skull-Bucky-/382491370831?hash=item590e43254f

[mackenzie999]

That Cap is sweet...but why wouldn't they slab Supes?

[comicquant]

1 minute ago, mackenzie999 said:

That Cap is sweet...but why wouldn't they slab Supes?

I asked myself the same question but I do think it would be pretty cool to have an unrestored raw Action 1!  Reading it would be like disarming a nuclear bomb with your feet but it would still be awesome!

[valiantman]

1 minute ago, comicquant said:

3 minutes ago, mackenzie999 said:

That Cap is sweet...but why wouldn't they slab Supes?

I asked myself the same question but I do think it would be pretty cool to have an unrestored raw Action 1!  Reading it would be like disarming a nuclear bomb with your feet but it would still be awesome!

I think they DID slab the Action #1 and then de-slabbed it... read the description, it was a 0.5 with missing centerfold and restoration.  They're literally quoting the exact words that were on the label, those aren't "regular phrases" in the description. 

It looks much better than 0.5, so they're going for "buy the book, not the label" with the raw auction that "appears to be a 3.0"... in their opinion.

[F For Fake]

Do you think they're concerned about it being restored? I just don't understand why you wouldn't slab the book otherwise.

EDIT: Never mind, @valiantman 's answer makes sense to me.

Edited June 15, 2018 by F For Fake

[MustEatBrains]

3 minutes ago, F For Fake said:

Do you think they're concerned about it being restored? I just don't understand why you wouldn't slab the book otherwise.

No, they disclose the flaws in the listing which included missing CF and Resto among other things.  It would grade a .5 incomplete w/resto.

Think it's cool they are selling raw.

Edited June 15, 2018 by MustEatBrains

[crazyhips]

They really should note that the Action 1 is restored in the title description.  

[yecul]

1. If you are dropping thousands on a book then hopefully you are reading descriptions and are innformed.

2. It is obviously intentionally deceptive (sales marketing of you prefer) to deslab and bury the lead. They are providing the information but repackaging to shift focus. 

I dont pass judgement but I dont think that take is inaccurate. An interesting experiment. What would it have got stabbed vs deslabbed? never know. It presents very well.

[01TheDude]

same bidder is winning both auctions currently

[mackenzie999]

2 minutes ago, 01TheDude said:

same bidder is winning both auctions currently

Assuming that's not some sort of shilly shenanigans, that would be one hell of a mail day when those arrive

[woowoo]

2 hours ago, valiantman said:

I think they DID slab the Action #1 and then de-slabbed it... read the description, it was a 0.5 with missing centerfold and restoration.  They're literally quoting the exact words that were on the label, those aren't "regular phrases" in the description. 

It looks much better than 0.5, so they're going for "buy the book, not the label" with the raw auction that "appears to be a 3.0"... in their opinion.

I don't think it was cgc they say

( Action #1 is missing the centerfold. The next wrap is also detached and split down the middle. Restoration includes: Color Touch on inside cover. Piece fill and support to cover. Cover cleaned. Staples replaced. Restoration would be in the 4 extent range. 3rd party grading would call this a .5, incomplete with (slight restoration) color touch, cover cleaned, reinforced, pieces added and staples replaced )

 

 

 

[valiantman]

2 minutes ago, woowoo said:

I don't think it was cgc they say

( Action #1 is missing the centerfold. The next wrap is also detached and split down the middle. Restoration includes: Color Touch on inside cover. Piece fill and support to cover. Cover cleaned. Staples replaced. Restoration would be in the 4 extent range. 3rd party grading would call this a .5, incomplete with (slight restoration) color touch, cover cleaned, reinforced, pieces added and staples replaced )

Actually that does sound like CGC... their current restoration notations include numbering: https://www.cgccomics.com/news/viewarticle.aspx?IDArticle=4084

4 (Moderate/Extensive)

• Piece fill up to the size of 2” x 2” and/or color touch covering up to 4” x 4”. Interior piece fill up to 4” x 4”

[woowoo]

4 minutes ago, valiantman said:

Actually that does sound like CGC... their current restoration notations include numbering: https://www.cgccomics.com/news/viewarticle.aspx?IDArticle=4084

4 (Moderate/Extensive)

• Piece fill up to the size of 2” x 2” and/or color touch covering up to 4” x 4”. Interior piece fill up to 4” x 4”

I just went buy them Not saying it was cgc graded and them saying      3rd party grading would call this a .5, incomplete with (slight restoration)

[valiantman]

3 minutes ago, woowoo said:

I just went buy them Not saying it was cgc graded and them saying      3rd party grading would call this a .5, incomplete with (slight restoration)

True, but let's be honest.  If you have an Action #1 that you want to sell, you will at least try to find out what CGC would say.  If you don't like what CGC says... well... we can see what they're doing instead.

[kav]

Bids placed!

[Dark Knight]

So this is fresh on the market, never been placed up for auction? I do recall seeing a restored cgc 0.5 copy some years back 

[woowoo]

8 minutes ago, valiantman said:

True, but let's be honest.  If you have an Action #1 that you want to sell, you will at least try to find out what CGC would say.  If you don't like what CGC says... well... we can see what they're doing instead.

No really. I find that low grade keys restored sell for just a little less than higher grade restored keys.

https://comics.ha.com/itm/golden-age-1938-1955-/detective-comics-27-dc-1939-cbcs-restored-vg-45-extensive-amateur-off-white-pages/a/7124-91043.s?ic4=ListView-ShortDescription-071515

$167,300.00

https://www.comicconnect.com/bookDetail.php?id=756550

$242,000 

look at the clink Bat 1

http://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FPREVIEW.ASP%3Fcode%3D2018june%26session%3D2%26pg%3D2%23Item_1258217&id=1258217&itemType=0

16k for that beater

I do agree with you on most of your post the   (True, but let's be honest.)    well... we can see what they're doing instead  

[Larryw7]

Thrill bid on the Action 1, immediately outbid.

 

Thank God.

[Larryw7]

I prefer incomplete books, qualified books and extensively restored books raw.

[valiantman]

2 minutes ago, woowoo said:

No really. I find that low grade keys restored sell for just a little less than higher grade restored keys.

https://comics.ha.com/itm/golden-age-1938-1955-/detective-comics-27-dc-1939-cbcs-restored-vg-45-extensive-amateur-off-white-pages/a/7124-91043.s?ic4=ListView-ShortDescription-071515

$167,300.00

https://www.comicconnect.com/bookDetail.php?id=756550

$242,000 

look at the clink Bat 1

http://www.comiclink.com/auctions/item.asp?back=%2FAUCTIONS%2FPREVIEW.ASP%3Fcode%3D2018june%26session%3D2%26pg%3D2%23Item_1258217&id=1258217&itemType=0

16k for that beater

I do agree with you on most of your post the   (True, but let's be honest.)    well... we can see what they're doing instead  

There is a very tiny number of individuals who can participate in that stratosphere of the market (and I'm not one of them), so it's pretty hard to establish much in the way of "rules" for sales that occur a year apart, different venues, different grading companies, etc.  Restoration throws an even bigger variable into the mix, since universal condition is already a "no two are alike" scenario, and all the different restoration techniques are even more varied than all the types of regular wear-and-tear.

In other words, I don't know what I'm talking about (  )... that is, I don't know what the market should really be on any given six-figure restored book, but I'm pretty sure that the statement that "3rd party would say 0.5" means that a 3rd party did say that.  The seller deslabbed (or bought it deslabbed) and is trying for a better outcome.