oldrover Posted March 21, 2019 Share Posted March 21, 2019 (edited) Anybody have experience with this? Referring mostly to eBay here... do you do a BIN, or just let it rip at auction and hope for the best? I have a few monster keys to move... I feel like the auction would be the best way... but I’m a little... ...nervous. LOL Edited April 1, 2019 by oldrover Results Link to comment Share on other sites More sharing options...
Tony S Posted March 21, 2019 Share Posted March 21, 2019 (edited) Maybe 8 years ago I sold my restored major keys - Showcase 4, AF 15, Batman 225 and Showcase 22 - via ComicLink. These are all books that - even restored - appreciate in value decently. Not as much as unrestored. But have gone up in price. Just thought I'd mention that. The answer to your question needs another question first. Do you REALLY want to sell them? Or do you only want to sell them if you get what YOU FEEL they are worth? If you really want to sell, you don't need to ask. Put them in an auction. There are good reasons to use an auction house that specializes in comic books & comic art when selling big books. It takes a lot of risk and exposure off the seller. You also don't mention if the books are already professionally graded and encapsulated (CGC) Big books really need to be. They will sell easier, faster and usually for more money. They minimize returns (on say eBay) and eliminate returns from places like ComicLink, Comic Connect and Heritage. Sellers setting BIN prices for restored books typically try to follow some "rule" like one half of unrestored. But it doesn't actually work that way. It's a sliding scale. Low grade restored keys might bring almost two thirds of unrestored. High grade 20-25%. Very high grade - 9.4 and above - often only sell for 10% of what an unrestored copy would bring. AF 15 CGC 9.6 sold for 1.1 million dollars. A restored copy same grade $86,000. An unrestored 9.4 sold for $705,000. Restored $28,000. So it's hard to know what to actually price restored books at. Which again makes an auction appealing. If your issues are really "monster" keys, selling them via auction from one of the auction houses instead of eBay brings them to the attention of the maximum number of serious collectors. Edited March 21, 2019 by Tony S The Lions Den 1 Link to comment Share on other sites More sharing options...
oldrover Posted March 21, 2019 Author Share Posted March 21, 2019 1 hour ago, Tony S said: You also don't mention if the books are already professionally graded and encapsulated (CGC) They are. And I’d say they compare with the titles you sold. AF15, FF1, JIM83, Avengers 1, etc. Link to comment Share on other sites More sharing options...
makeminemego Posted March 21, 2019 Share Posted March 21, 2019 If the work was professionally done and the book has NOT been trimmed in any way, let it rip via auction. If the work was amateur in nature or includes trimming, park it at a reasonable BIN and wait it out. oldrover 1 Link to comment Share on other sites More sharing options...
oldrover Posted March 21, 2019 Author Share Posted March 21, 2019 Well, I’m gonna do a test... I have an Avengers 1 8.5 with small CT and trim... gonna auction it. I paid under a grand for it, so I think I’m pretty safe ROI wise. My guess is it comes back at about $3500. We shall see. Link to comment Share on other sites More sharing options...
Unstoppablejayd Posted March 21, 2019 Share Posted March 21, 2019 10 minutes ago, oldrover said: Well, I’m gonna do a test... I have an Avengers 1 8.5 with small CT and trim... gonna auction it. I paid under a grand for it, so I think I’m pretty safe ROI wise. My guess is it comes back at about $3500. We shall see. Where are you auctioning? Link to comment Share on other sites More sharing options...
oldrover Posted March 21, 2019 Author Share Posted March 21, 2019 Just now, Unstoppablejayd said: Where are you auctioning? eBay. I saw a 5.0 get about $2800 there recently... so I figured, what the heck. And the small PLODs I’ve sold I’ve done okay with. I sold an XMen 2 for $600, that would normally sell for maybe 900. I initially thought this book could get $6000... but I’m thinking now that was pie in the sky. Eh, who knows... I took a chance on buying these books back in the day... now it’s time to roll those dice. Link to comment Share on other sites More sharing options...
Bird Posted March 21, 2019 Share Posted March 21, 2019 is it listed yet? I don't see one like this. Please put the link here, not as a sales ad but for research purposes. Link to comment Share on other sites More sharing options...
oldrover Posted March 21, 2019 Author Share Posted March 21, 2019 (edited) 14 minutes ago, Bird said: is it listed yet? I don't see one like this. Please put the link here, not as a sales ad but for research purposes. It starts at 10 tonight, running for 10 days. Once it’s live, I’ll post the link. EDIT: Definitely not trying to sell it here. This is the land of PLOD shunning. EDIT 2: Somebody early on said to run your eBay auctions Thursday to Sunday... covers 2 weekends. It’s worked out pretty well for me in general. Edited March 21, 2019 by oldrover KobaltDog 1 Link to comment Share on other sites More sharing options...
oldrover Posted March 21, 2019 Author Share Posted March 21, 2019 (edited) This is the book, though. Note: trimmed on 3 sides. Edited March 22, 2019 by oldrover Formatting Link to comment Share on other sites More sharing options...
Unstoppablejayd Posted March 22, 2019 Share Posted March 22, 2019 1 hour ago, oldrover said: This is the book, though. Note: trimmed on 3 sides. Ugh! I would have gotten involved if not trimmed Link to comment Share on other sites More sharing options...
oldrover Posted March 22, 2019 Author Share Posted March 22, 2019 1 minute ago, Unstoppablejayd said: Ugh! I would have gotten involved if not trimmed You and every one else on this board. LOL I wish I could go back in time and yell... Unstoppablejayd 1 Link to comment Share on other sites More sharing options...
oldrover Posted March 22, 2019 Author Share Posted March 22, 2019 Avengers 1 CGC 8.5 (R) auction ...here we go... Link to comment Share on other sites More sharing options...
oldrover Posted March 24, 2019 Author Share Posted March 24, 2019 This guys trying an interesting tack... 1, 2 and 3, with 1 being a PLOD... ends tonight... he’s already done pretty well imho... Avengers 1 2 3 CGC Link to comment Share on other sites More sharing options...
oldrover Posted April 1, 2019 Author Share Posted April 1, 2019 Auction ended... $4600. More than I thought. Hey... The Lions Den and Joosh 2 Link to comment Share on other sites More sharing options...
Bird Posted April 5, 2019 Share Posted April 5, 2019 On 3/31/2019 at 11:09 PM, oldrover said: Auction ended... $4600. More than I thought. Hey... I was following it and wondered what you thought of the result. Thanks for updating us! Link to comment Share on other sites More sharing options...
oldrover Posted April 5, 2019 Author Share Posted April 5, 2019 36 minutes ago, Bird said: I was following it and wondered what you thought of the result. Thanks for updating us! At that high grade, I was figuring an 85% haircut off Universal. So maybe $3500. This did over a grand better. Happy with that. Hey, I paid $800 for the book. ThothAmon 1 Link to comment Share on other sites More sharing options...
JollyComics Posted April 5, 2019 Share Posted April 5, 2019 (edited) 53 minutes ago, oldrover said: At that high grade, I was figuring an 85% haircut off Universal. So maybe $3500. This did over a grand better. Happy with that. Hey, I paid $800 for the book. I think you excluded CGC fees. However Congratulations!!! Edited April 5, 2019 by JollyComics Link to comment Share on other sites More sharing options...
oldrover Posted April 5, 2019 Author Share Posted April 5, 2019 19 minutes ago, JollyComics said: I think you excluded CGC fees. However Congratulations!!! I did exclude those. But that’s only $250. JollyComics 1 Link to comment Share on other sites More sharing options...
JollyComics Posted April 5, 2019 Share Posted April 5, 2019 12 minutes ago, oldrover said: I did exclude those. But that’s only $250. Not too bad. Link to comment Share on other sites More sharing options...