Heritage's Next Event Auction has started posting books ! 31 31

[Professor K]

3 hours ago, adamstrange said:

In the case of ebay, someone is proactively placing their item on the site in order to sell it.  There's a whole sales agreement you sign, and they make clear their rules as you put up each item.

Heritage has it (and had it) so that items won by a bidder were immediately available for offers, whether that collector explicitly authorized it or not.  Even though you didn't agree to be a seller, you de facto were made out to be one, and that leads to the confusion.

 

3 hours ago, lou_fine said:

I totally agree with you 110%.  

Since I love to go through old price catalogues, I want all of those dealers to be forced to sell me those books they have listed at the exact price point that they have them listed for.      

Seriously though, I believe the way Heritage has their BIN and Make an Offer features set up, it's rather easy for any listed price in this kind of heated marketplace to become out of date after a few months, let alone several years.  Especially since you really can't expect the auction winners to keep going back into the system to update their price points on a HA feature that they are probably not even aware off.    

I checked my past winnings on heritage going back a few years and none of them are for sale or accepting offers. So I don't know how the heck it works. I have made a few offers over the past few months and all were turned down, but I was notified pretty quickly each time that the seller rejected the offer. That tells me they are fully aware their book/s are accepting offers. I think some people use it as a way to see just what people are willing to buy their book for but aren't going to sell unless they get some incredible offer. Oh well it is what it is. 

[comicnoir]

I have never asked any of my winnings to be made available to offers, yet I get many offers, even on wins below the $500.00 threshold.

[adamstrange]

13 minutes ago, Professor Chaos said:

 

I checked my past winnings on heritage going back a few years and none of them are for sale or accepting offers. So I don't know how the heck it works. I have made a few offers over the past few months and all were turned down, but I was notified pretty quickly each time that the seller rejected the offer. That tells me they are fully aware their book/s are accepting offers. I think some people use it as a way to see just what people are willing to buy their book for but aren't going to sell unless they get some incredible offer. Oh well it is what it is. 

I'm talking about how they have made this work over the last decade or so.

[lou_fine]

12 hours ago, Professor Chaos said:

 

I checked my past winnings on heritage going back a few years and none of them are for sale or accepting offers. So I don't know how the heck it works. I have made a few offers over the past few months and all were turned down, but I was notified pretty quickly each time that the seller rejected the offer. That tells me they are fully aware their book/s are accepting offers. 

I won an restored copy of an early key Fox book on Heritage back about 13 or 14 years ago and was not aware that offers were being accepted on the book until after I received an actual email notification from Heritage last year that an offer had been made on my book.  

Needless to say, I turned down the offer immediately and yet their system is still showing the Make Offer to Owner feature for this book.  Looks like this Make Offer to Owner program of theirs breaks it down into 4 different categories:  1)  Buy Now From Owner;  2)  Make Offer to Active Owner;  3)  Make Offer to Inactive Owner; and 4)  Make Offer to  Unverified Owner.  I assume I must then fall into one of the latter 3 categories, but don't want to try to figure out all of their definitions here.  

Edited March 25, 2021 by lou_fine

[Professor K]

45 minutes ago, lou_fine said:

I won an restored copy of an early key Fox book on Heritage back about 13 or 14 years ago and was not aware that offers were being accepted on the book until after I received an actual email notification from Heritage last year that an offer had been made on my book.  

Needless to say, I turned down the offer immediately and yet their system is still showing the Make Offer to Owner feature for this book.  Looks like this Make Offer to Owner program of theirs breaks it down into 4 different categories:  1)  Buy Now From Owner;  2)  Make Offer to Active Owner;  3)  Make Offer to Inactive Owner; and 4)  Make Offer to  Unverified Owner.  I assume I must then fall into one of the latter 3 categories, but don't want to try to figure out all of their definitions here.  

Yeah its all messed up. They could just make it simple - if a winner of a book wants to entertain offers they (the winner/owner) can set it up for Make Offers, and only offers. Forget the Buy Now stuff because that is basically just an offer as well. And even better, the owner of the book needs to renew the Make Offer each month. 

[jimbo_7071]

On 3/24/2021 at 7:55 PM, Professor Chaos said:

 

 

Ok thanks. I've got many a book from their auction but never from a BUY NOW listing. I can understand if its an old listing and the seller/owner had not updated it. I wouldn't expect an owner to follow through with a sale now for a book with a BUY NOW price from 2019 for example. But in my case the owner had just put it up for sale the day before. The listing was one day old, so jacking the price so quickly to me is a little slimey indeed.  So basically an owner can put a book for sale for X amount. If they recieve an offer for X amount they can then reject it and raise the price. And so on. It seems to be a method in which an owner/"seller" who has no intention to sell can use to gauge the actual market price they "would" be able to recieve if  they actually want to sell it. 

Oh well, it is what it is. I have no better solution to this method, other than not use the wording BUY NOW when in fact its not actually a BUY NOW method. 

So Mr F , I don't know what happened in your situation. I know from the email from heritage that the seller was able to reject my offer of the full BUY NOW price. Maybe accepting the BUY NOW is not as simplistic. I hope you at least ultimately got the price you wanted for it. 

For the reasons you discussed, I seldom bother with Heritage's Make-An-Offer feature. In one case I made a strong offer on a book an the owner rejected the offer but listed the book in an auction a month or so later. Of course I didn't bid, and the book sold for substantially less than what I had offered.

[Bookery]

I've never had anyone make an offer on anything I've won... but I think that says more about what I tend to win than anything else...

On a side note... I see my old "Fairborn" copy of Showcase #4 is back at auction again, though it's already at a "tad more" than I sold it for in 1992...

[jimjum12]

On 3/24/2021 at 1:27 PM, Professor Chaos said:

Hi ya'll. I just learned something about buying on Heritage. An owner of a book they won on auction put it up Monday with a BUY NOW price of 1,500. Yesterday (Tuesday) I clicked BUY NOW for the full amount. Today (Wednesday) they responded and said they want 2,000 for it now.

There is something about that that doesn't sit right with me. If one clicks by BUY NOW for the price the seller is offering it for they are committed to buying it for the price offered. Apparently the seller is not committed. Its kind of like dangling a carrot in front of a plow mule. Imagine if one of us put a book for sale here for a price and when someone posted an  we then said now the price is 500 dollars more. I think we'd get blacklisted pretty quickly. Anyway this has nothing to do with the current auction so I'll just fade off into the sunset now.

You should contact Heritage and point that out... if the communication was in-system then it should be easy to present. I doubt they want to promote that sort of activity on their official site. GOD BLESS...

-jimbo(a friend of jesus)

[DanCooper]

55 minutes ago, Bookery said:

On a side note... I see my old "Fairborn" copy of Showcase #4 is back at auction again, though it's already at a "tad more" than I sold it for in 1992...

Hi Tim

I think I remember a story about the Fairborn collection in the Comic Buyer's Guide, when you first discovered it back in the early 1990s. From what I remember, there were DC keys in it from that hard to get period of the early to mid-1950s and weren't the books stored in an aluminum trash can or something? I think Joe V was a buyer of some the keys (including this Showcase 4) when he first started JHV Associates after Sparkle City was absorbed by Geppi.

It seems the "Fairborn" pedigree/collection has suffered the fate of others (i.e. Mile High II, etc.) and is no longer included in CGC's recognized pedigree list. I think it sometimes gets confused with the Ohio pedigree that came out of Akron a couple of years, after you discovered this.

Is there anything else you can share on the background/story of this Fairborn collection?

Thanks

[GreatCaesarsGhost]

This post may get removed for talking about the competition, but truly I mean no disrespect to CGC. It has been my observation that the value of similar books can vary widely depending on whose holder it’s in. Case in point in the current Heritage auction: 2 books which look very similar, IMHO, are sitting at 2 different prices:  the book in the CGC holder has been bid up to exactly double that of a similar book sitting in a competitors holder. Be interesting to see the final tally.

https://comics.ha.com/itm/silver-age-1956-1969-/superhero/fantastic-four-annual-1-marvel-1963-cgc-nm-96-off-white-pages/a/7242-91039.s

 

 

V.      https://comics.ha.com/itm/silver-age-1956-1969-/superhero/fantastic-four-annual-1-marvel-1963-cbcs-nm-96-white-pages/a/7242-92137.s

Edited March 26, 2021 by GreatCaesarsGhost

[drbanner]

33 minutes ago, GreatCaesarsGhost said:

This post may get removed for talking about the competition, but truly I mean no disrespect to CGC. It has been my observation that the value of similar books can vary widely depending on whose holder it’s in. Case in point in the current Heritage auction: 2 books which look very similar, IMHO, are sitting at 2 different prices:  the book in the CGC holder has been bid up to exactly double that of a similar book sitting in a competitors holder. Be interesting to see the final tally.

https://comics.ha.com/itm/silver-age-1956-1969-/superhero/fantastic-four-annual-1-marvel-1963-cgc-nm-96-off-white-pages/a/7242-91039.s

 

 

V.      https://comics.ha.com/itm/silver-age-1956-1969-/superhero/fantastic-four-annual-1-marvel-1963-cbcs-nm-96-white-pages/a/7242-92137.s

Holy cow, that book is incredible! 

[Bookery]

27 minutes ago, DanCooper said:

Hi Tim

I think I remember a story about the Fairborn collection in the Comic Buyer's Guide, when you first discovered it back in the early 1990s. From what I remember, there were DC keys in it from that hard to get period of the early to mid-1950s and weren't the books stored in an aluminum trash can or something? I think Joe V was a buyer of some the keys (including this Showcase 4) when he first started JHV Associates after Sparkle City was absorbed by Geppi.

It seems the "Fairborn" pedigree/collection has suffered the fate of others (i.e. Mile High II, etc.) and is no longer included in CGC's recognized pedigree list. I think it sometimes gets confused with the Ohio pedigree that came out of Akron a couple of years, after you discovered this.

Is there anything else you can share on the background/story of this Fairborn collection?

Thanks

Your recollections are pretty accurate.  Joe tossed away the certificates I had made for the books, so the provenance on the others has been lost over time.  I'm not sure who tracked down or had CGC put the "Ohio-Fairborn" designation on the label, but it is the only book that has it, to the best of my knowledge (and it's still in the "old" label I see).  I don't think the collection would have qualified for pedigree status, however.  Not enough books, nor complete enough, nor enough keys.  There were about 300 DC hero comics from a short range in the mid-50s (and a few Quality Blackhawks).  By today's standards, most would have graded 7.0 to 9.4.

There were only a few true "keys" in the group... 6 Showcase issues (3 Flash and 3 Challengers... the Showcase 4 was actually probably the lowest-grade in the group) and the Adventure 210.  At the time the collection got a lot of attention.  But with all of the high-grades that CGC has graded over the years now, I'm not sure how significant it would be seen today.  Nearly all of the books did have that red "S" in wax-pencil on the covers.  I do recall one of the Showcase issues (12?) being truly spectacular... maybe a 9.4-9.6 by today's standards.  

[GreatCaesarsGhost]

20 minutes ago, Bookery said:

Your recollections are pretty accurate.  Joe tossed away the certificates I had made for the books, so the provenance on the others has been lost over time.  I'm not sure who tracked down or had CGC put the "Ohio-Fairborn" designation on the label, but it is the only book that has it, to the best of my knowledge (and it's still in the "old" label I see).  I don't think the collection would have qualified for pedigree status, however.  Not enough books, nor complete enough, nor enough keys.  There were about 300 DC hero comics from a short range in the mid-50s (and a few Quality Blackhawks).  By today's standards, most would have graded 7.0 to 9.4.

There were only a few true "keys" in the group... 6 Showcase issues (3 Flash and 3 Challengers... the Showcase 4 was actually probably the lowest-grade in the group) and the Adventure 210.  At the time the collection got a lot of attention.  But with all of the high-grades that CGC has graded over the years now, I'm not sure how significant it would be seen today.  Nearly all of the books did have that red "S" in wax-pencil on the covers.  I do recall one of the Showcase issues (12?) being truly spectacular... maybe a 9.4-9.6 by today's standards.  

I remember the Showcase 8.  I thought seriously about getting it.  IIRC, it had what looked like a subscription crease down the center, but it wasn't a subscription crease.  I finally decided the kid who originally purchased it rode his bike home from the drugstore with the book folded up in his back pocket

[batman_fan]

I made an offer on a Peanuts strip that was rejected quickly 

[DanCooper]

3 hours ago, Bookery said:

6 Showcase issues (3 Flash and 3 Challengers

 

3 hours ago, Bookery said:

Nearly all of the books did have that red "S" in wax-pencil on the covers

Possible Fairborn copy misidentified from the Ohio pedigree instead?

[Bookery]

53 minutes ago, DanCooper said:

 

Possible Fairborn copy misidentified from the Ohio pedigree instead?

Interesting.  I believe that was one of the 3 Challengers issues (I believe #11 was missing from the group).  It also has the "S" (though not red this time... but some may not have been?).  White pages notation.  Old label.  I think there's a pretty good chance you are correct.

[comicnoir]

9 hours ago, GreatCaesarsGhost said:

This post may get removed for talking about the competition, but truly I mean no disrespect to CGC. It has been my observation that the value of similar books can vary widely depending on whose holder it’s in. Case in point in the current Heritage auction: 2 books which look very similar, IMHO, are sitting at 2 different prices:  the book in the CGC holder has been bid up to exactly double that of a similar book sitting in a competitors holder. Be interesting to see the final tally.

https://comics.ha.com/itm/silver-age-1956-1969-/superhero/fantastic-four-annual-1-marvel-1963-cgc-nm-96-off-white-pages/a/7242-91039.s

 

 

V.      https://comics.ha.com/itm/silver-age-1956-1969-/superhero/fantastic-four-annual-1-marvel-1963-cbcs-nm-96-white-pages/a/7242-92137.s

5 days will tell the story.

[Professor K]

11 hours ago, jimjum12 said:

You should contact Heritage and point that out... if the communication was in-system then it should be easy to present. I doubt they want to promote that sort of activity on their official site. GOD BLESS...

-jimbo(a friend of jesus)

Hey there jimbo, actually I did write them a brief message inquiring how their BUY NOW system works and asking why have a BUY NOW price if the owner can just ask for more after you click BUY NOW. Wouldn't you know it they said........ (copied and pasted):

"Thank you for your response! Heritage agrees and I will be forwarding this to our Executive Group for them to look over. More than likely this owner will be suspended from the program due to this issue. If it is deemed an honest mistake then we don’t want to be toon drastic but if our Executive Group deems this to eb an issue we will take the proper actions. I apologize for the inconvenience. Please let me know if there are nay other books you may be interested in"

I'm not going to push it but to be clear I clicked BUY NOW one day after the owner set the BUY NOW price. So it wasn't an honest mistake.

[tth2]

7 hours ago, batman_fan said:

I made an offer on a Peanuts strip that was rejected quickly 

[tth2]

I get legitimate offers and also get cheeky-to-insulting offers for my books and art all the time. 

I haven't picked the opt out default setting because I don't mind receiving offers.  It's literally one click of a button to reject an offer, so it's not like there's a massive inconvenience in being open to receiving offers.

It can be amusing to see some of the opportunistic bottom-fishing.  A page of GA OA sold in the last auction at a shockingly high price, and I almost immediately received a very cheeky offer to buy my OA page by the same artist from the same title (but superior to the one that had just sold, in my opinion) at about 20% above my purchase price (but way below the recent winning price).  I tipped my hat in admiration of the chutzpah of the offeror before quickly counter-offering with a price in line with the recent price, which of course was not accepted.