ComicConnect's Next Event Auction has started posting books ! 21 21

[Professor K]

4 hours ago, lou_fine said:

 

Okay, looks like Kevin was pretty much bang on with his estimate as this copy here finished up at $310,111:  

https://www.comicconnect.com/item/890586

What's everybody's opinion on the final price for this copy here given some rather lackluster results here for some books and yet some seemingly outstanding results on other books.  

I guess this is generally par for the course though when it comes to comic book auctions.  

 

You know what they say, even a broken clock is right twice a day (or is it once?) I figured at least two people would be willing to bid 300K for it. And one of them would have the auction smarts to bid one incriment over that mark. Whats another 10 or 20 grand if you have 300K to shell out. Good looking 3.0. The 5.0 had color touch and very dull corners and the 4.5 had a cover covered with what appears to be heavy foxing, so that didn't help. The 3.5 from March for 288,000 was a real sweet example I think. 

 

Edited December 20, 2020 by Professor Chaos

[lou_fine]

On 12/18/2020 at 7:56 PM, RareHighGrade said:

On 12/18/2020 at 7:41 PM, lou_fine said:

Wonder what in the world  this Church copy of Wonderworld 33 will finish up at since it's already sitting at $14,311 with 15 more minutes still to go:  

Unlike the pre-Robin 'Tec books where the consignors did not do so well, I imagine the consignor of this book here must be rather ecstatic since they picked it up for only a paltry $6,200 in the big Jon Berk auction a few summers ago:  

https://www.comicconnect.com/item/714960

Expand  

$18,755.  Wow.

Wowza is exactly right as this is indeed a big step up from its last sale for only $6,200.    

I guess this is another perfect and classic example of not necessarily maximizing your dollars when you dump your entire kit and kaboodle all out in one big massive auction.  Being a life long collector though, I imagine Jon probably found it a lot easier to let it all go in one fell swoop to the next generation of collectors, as opposed to slowly dragging it out over a few long and excruciating years.    

Then again, it might also have something to do with the buyer either being astute or lucky enough to snag a book at the optimum time just before it gets broken out in the guide.  At the time of the big Jon Berk auction back in June of 2017, this book was still lumped in with Wonderworld 29 & 31 at a top of guide price of only $1,200 which meant the $6,200 result was at 5.2X top of guide.  Perfect timing as the book was then broken out in guide the following year, with this current sale for $18,755 being at a multiple of 4.35X top of this year's guide valuation.  

[Dark Knight]

When I clicked on the link, it shows sold for $6200

[RareHighGrade]

1 hour ago, Dark Knight said:

When I clicked on the link, it shows sold for $6200

Lou Fine provided the link for the 2017 sale during the Berk auction.  In the current auction, the book sold for $18,755:

ComicConnect - WONDERWORLD COMICS #33 - CGC NM: 9.4

[MasterChief]

On 12/19/2020 at 9:53 AM, RareHighGrade said:

I've noticed that, for some reason, CC deletes its historical data regarding a book it is currently auctioning.  Has anyone else noticed that?  Perhaps CC thinks the historical data will depress the sale price (certainly not true in the case of the MF 55)?

Yes, I have witnessed this over the courses of many years. First noticed it around 2012 with the premier of the Suscha News Collection. I saw many Suscha selling at auction only to reappear and be relisted again at auction or with a BIN feature some months later. Exact same copy. No doubt about it. In most cases, however, the original listed was removed, or in various cases, the listing remained but the imagery was gone. With the imagery removed there was no way to reconcile old from new. So, it appeared as though a new book was being sold, but in reality, it was the original only to be listed at BIN or selling at auction substantively higher than the original sale.

[Professor K]

Seems kind of underhanded or sneaky to remove past sales information during an auction. If that is what they do of course. And if that's the case I don't see it helping sale prices in general. Heritage I believe shows past sales history on the bottom of each books auction page. 

[Gotham Kid]

I think it is a bug. The auction is over and I just looked up Detective 37, came up with only 3 hits (not even including mine)

[lou_fine]

Somehow, I suspect this might be the reason also since it definitely does not encourage bidders to place higher bids when previous stratospheric auction results have fallen out of your auction archives.  

If it's really the software engineers who updated their website, they really need to hold them accountable as they have certainly done the absolute worst website upgrade job ever.    

A week ago, they didn't have the Atlantic City copy of Action 13 that sold for $185,000 back in 2011 and then they had it as of a few days ago.  On the weekend, they didn't have the Atlantic City City copy of Action 10 that sold for $258,000 and now they have it back in their archives today.  Same thing with some of the record pre-Robin 'Tec's as they now have the CGC 3.0 graded copy of 'Tec 38 that sold for $54,010 back in 2017, and yet the 3.0 copy of 'Tec 29 that sold for $66,010 in the exact same auction is not in their archives.  

 

[lou_fine]

Any idea if this is nothing more than a mistaken carryover from their Quick Draw Auction or are they really planning to charge a BP of 15% in their upcoming Event Auction:  

https://www.comicconnect.com/browse/auction/9

If so, it looks like the consignors will now be losing an additional 15% on top of the 10% Seller's consignment fee which they have to pay.  If this is actually the case, and CL and HA holds to their current consignment fees (which might not be the case if CC raises theirs   ), I can certainly see sellers not bothering to consign any of their books to CC going forward.    

Edited December 22, 2020 by lou_fine

[G.A.tor]

10 hours ago, lou_fine said:

Any idea if this is nothing more than a mistaken carryover from their Quick Draw Auction or are they really planning to charge a BP of 15% in their upcoming Event Auction:  

https://www.comicconnect.com/browse/auction/9

If so, it looks like the consignors will now be losing an additional 15% on top of the 10% Seller's consignment fee which they have to pay.  If this is actually the case, and CL and HA holds to their current consignment fees (which might not be the case if CC raises theirs   ), I can certainly see sellers not bothering to consign any of their books to CC going forward.    

There was one book I wanted to bid on last auction but it had a 10% bp note so I didn’t bid. None of the other books had this so not sure if an error or just certain books ? 
 

I understood the adding bp to that western auction as many books sold would have likely resulted in a real world loss for cc handling. But feature auction books? I too hope this is not the trend. 

[buttock]

4 hours ago, G.A.tor said:

There was one book I wanted to bid on last auction but it had a 10% bp note so I didn’t bid. None of the other books had this so not sure if an error or just certain books ? 
 

I understood the adding bp to that western auction as many books sold would have likely resulted in a real world loss for cc handling. But feature auction books? I too hope this is not the trend. 

There was one in this past auction that had a 200% BP.  Not joking.  I don't know if it was an error or serious, but either way... not a good look. 

[skypinkblu]

16 hours ago, lou_fine said:

Any idea if this is nothing more than a mistaken carryover from their Quick Draw Auction or are they really planning to charge a BP of 15% in their upcoming Event Auction:  

https://www.comicconnect.com/browse/auction/9

If so, it looks like the consignors will now be losing an additional 15% on top of the 10% Seller's consignment fee which they have to pay.  If this is actually the case, and CL and HA holds to their current consignment fees (which might not be the case if CC raises theirs   ), I can certainly see sellers not bothering to consign any of their books to CC going forward.    

Where is that posted, I'm not seeing anything when I look at the preview? You are right, I doubt I'd consign things if they are going to charge 15% BP.

[Gotham Kid]

Don't see this in high grade all that often

https://www.comicconnect.com/item/902222

 

[Gotham Kid]

also noteworthy ...

[Chicago Boy]

That AS 3 is amazing !  

[Professor K]

Wow 9.4 and White. The holder looks a little beat up but I doubt I'd risk getting a new one if it was mine.

Can someone tell me how buyers premiums work? I sold on Comiclink and if I recall correctly they took a flat 10% of the final price. Heritage I know has a 20% BP, so I figured that is the total amount they take, but I'm not sure.

At this point what does ComicConnect take as commision? And if they begin to add a BP, will that be their total commision on the sale? (assuming at least). Thanks

[lou_fine]

2 hours ago, skypinkblu said:

18 hours ago, lou_fine said:

Any idea if this is nothing more than a mistaken carryover from their Quick Draw Auction or are they really planning to charge a BP of 15% in their upcoming Event Auction:  

https://www.comicconnect.com/browse/auction/9

If so, it looks like the consignors will now be losing an additional 15% on top of the 10% Seller's consignment fee which they have to pay.  If this is actually the case, and CL and HA holds to their current consignment fees (which might not be the case if CC raises theirs   ), I can certainly see sellers not bothering to consign any of their books to CC going forward.    

Where is that posted, I'm not seeing anything when I look at the preview? You are right, I doubt I'd consign things if they are going to charge 15% BP.

Did you click into the link which I had embedded into my post up above?  

I also clinked the link into the CGC 9.4 graded copy of AS 3 which Peter had mentioned and it clearly states:  

https://www.comicconnect.com/item/900255

COMMENTS: A 15% BUYER'S PREMIUM WILL BE ADDED TO THIS ITEM AT CONCLUSION OF THE AUCTION

[skypinkblu]

5 minutes ago, lou_fine said:

Did you click into the link which I had embedded into my post up above?  

I also clinked the link into the CGC 9.4 graded copy of AS 3 which Peter had mentioned and it clearly states:  

https://www.comicconnect.com/item/900255

COMMENTS: A 15% BUYER'S PREMIUM WILL BE ADDED TO THIS ITEM AT CONCLUSION OF THE AUCTION

Thanks, I see it now, for some reason I had expected it to be big and flashing;)

It only seems to be on some books?

[SuperBird]

32 minutes ago, skypinkblu said:

Thanks, I see it now, for some reason I had expected it to be big and flashing;)

It only seems to be on some books?

This whole new thing is very confusing, and I'm not sure why they think it's a good idea. (It's not) If they want to have different commission rates for different books, they should build that into the back end and hide it from the bidders. 

[lou_fine]

1 hour ago, Gotham Kid said:

also noteworthy ...

 

49 minutes ago, Chicago Boy said:

That AS 3 is amazing !  

Although a CGC 9.4 graded copy and one notch below the Church CGC 9.6 graded copy, I am 100% sure that it will still not come anywhere close to the $200K price that Anthony Chiofalo paid for the Billy Wright CGC 8.5 graded copy back in 2012.       

The seller of that BW must have been absolutely ecstatic when Heritage contacted them to let them know that some some fool embezzler was willing to turn over $200,000 to them through the HA Make Offer to Owner feature after he was the lucky auction winner of the book only a week earlier at the winning bid of $49,293.75.