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ComicConnect's Next Event Auction has started posting books !
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Started by batman_fan,

4,092 posts in this topic

lou_fine

lou_fine

Posted
Posted
12 hours ago, lou_fine said:

Then again like usual in all auctions, there were some books that still continued to fetch some rather surprsingly high prices.  (thumbsu

While checking out another book which I have now forgotten doh! since past auction results are now gone :screwy:, I initially thought this book had gone for a pretty strong price:

han2.103_2.jpg

Especially since it had sold for $6,350 or at a price point of almost 5X condition guide.  :whatthe:

Then in trying to figure out why this mid-grade book had sold at such high multiples, moticed that this exact same copy had just sold through Heritage during one of their Sunday Auctions in the Fall of last year for $8,100 or at a price point of over 6X condition guide.  :whatthe:  :whatthe:

Being a longer term collector, I always have a hard time trying to figure out why a buyer would pay astronomical prices for a book and then attempt to flip it back out a few short months later and not expect to lose some money on it.  Either they have deep deep pockets or maybe they just noticed that Heritage will be having a far superior looking CGC 8.0 graded copy of this book available in their next auction, and the consignor is simply cashing out based upon their determination and expectation to win the higher graded copy coming out.  hm  (shrug)

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batman_fan

batman_fan

Posted
  • Author
Posted
10 minutes ago, lou_fine said:

While checking out another book which I have now forgotten doh! since past auction results are now gone :screwy:, I initially thought this book had gone for a pretty strong price:

han2.103_2.jpg

Especially since it had sold for $6,350 or at a price point of almost 5X condition guide.  :whatthe:

Then in trying to figure out why this mid-grade book had sold at such high multiples, moticed that this exact same copy had just sold through Heritage during one of their Sunday Auctions in the Fall of last year for $8,100 or at a price point of over 6X condition guide.  :whatthe:  :whatthe:

Being a longer term collector, I always have a hard time trying to figure out why a buyer would pay astronomical prices for a book and then attempt to flip it back out a few short months later and not expect to lose some money on it.  Either they have deep deep pockets or maybe they just noticed that Heritage will be having a far superior looking CGC 8.0 graded copy of this book available in their next auction, and the consignor is simply cashing out based upon their determination and expectation to win the higher graded copy coming out.  hm  (shrug)

Sometimes I wonder if Auction Houses buy books from other auction sites to resale.

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lou_fine

lou_fine

Posted
Posted

Any guesses as to where this currently red hot book will finished up at, since it is already sitting at $11,200 with another almost 5 hours to go:

mas2.44_2.jpg

My guess is that it'll finished up at a very string price with some extended bidding thrown in there for good measure, but still nowhere close to the outlier of a price of $24K that the CGC 5.5 graded copy was able to fetch in a Heritage Auction near the end of last year before the severe economic downdraft of this whole Coronavirus situation.  hm   :taptaptap:

And to think that copies like these were selling for only a grand or two (and even less in some cases) only a few short years ago.  :whatthe:   :takeit:

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RareHighGrade

RareHighGrade

Posted
Posted
On 5/19/2020 at 9:01 PM, RareHighGrade said:

The new site is really frustrating.  How do you see what a book sold for?  You can no longer track it through your watch list because it gets automatically deleted from the list once it is sold.  And their marketing emails no longer include links, so you cannot access the info that way either.  I've been a pretty regular customer of theirs over the years, but this change seems designed solely to frustrate customers.  It's frustrating enough that I may stop being one. 

To give credit where it's due, the sold items have now reappeared on my watched list.  Thank you CC.  (thumbsu

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Doctor Dositheus

Doctor Dositheus

Posted
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47 minutes ago, batman_fan said:

This is the one I am shocked by.  More valuable than Action 1 based on some people's assessment but currently sitting at a low low price :insane:

OBADIAH OLDBUCK, THE ADVENTURES OF MR. (1842)

I'm pretty sure that will get a PLOD. I'll wait for a 9.8 blue to come along xD

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lou_fine

lou_fine

Posted
Posted
4 hours ago, RareHighGrade said:
On 5/19/2020 at 9:01 PM, RareHighGrade said:

The new site is really frustrating.  How do you see what a book sold for?  You can no longer track it through your watch list because it gets automatically deleted from the list once it is sold.  And their marketing emails no longer include links, so you cannot access the info that way either.  I've been a pretty regular customer of theirs over the years, but this change seems designed solely to frustrate customers.  It's frustrating enough that I may stop being one. 

To give credit where it's due, the sold items have now reappeared on my watched list.  Thank you CC.  (thumbsu

That still means you have to put everything onto your Watch List if you want to keep track of the various auction results.  :frustrated:

It would be a whole lot simpler if they just kept all of the individual links up for each one of their auctions by day like what they had before in the past.  :applause:

Hopefully, they are still monitoring this thread here and listen to this request by responding accordingly.  :gossip:  :wishluck:

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lou_fine

lou_fine

Posted
Posted
9 hours ago, lou_fine said:

Any guesses as to where this currently red hot book will finished up at, since it is already sitting at $11,200 with another almost 5 hours to go:

mas2.44_2.jpg

My guess is that it'll finished up at a very string price with some extended bidding thrown in there for good measure, but still nowhere close to the outlier of a price of $24K that the CGC 5.5 graded copy was able to fetch in a Heritage Auction near the end of last year before the severe economic downdraft of this whole Coronavirus situation.  hm   :taptaptap:

And to think that copies like these were selling for only a grand or two (and even less in some cases) only a few short years ago.  :whatthe:   :takeit:

Well, looks like this copy here still finished up pretty strongly at $16,866 considering that it is only a CGC 4.5 graded copy as compared to the CGC 5.5 graded copy that sold for $24K near the end of last year.  Especially when you compared it to the much higher graded CGC 6.0 copy that managed to fetch only $13,966 just over a year ago in one of the CC Event Auctions back then.  hm

Looks like confirmation of a continuing upward trend in prices over the mid to longer term along with a consolidation of strong prices over the short term for this L.B. Cole book. (thumbsu

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