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

[ThothAmon]

On 11/20/2021 at 1:57 PM, innocuous said:

regret

We’re all tremendous slouches. I tapped out after my $5k bid was topped. 
 

[Cat-Man_America]

On 11/20/2021 at 1:01 PM, GreatCaesarsGhost said:

Ok it’s official. Going to play tennis is either a very good or a very bad strategy for me during these auctions.
 

Never the bride, always the bridesmaid 

Where were you when I was hovering over the HA BID buttons on Thursday?  

I'd gladly have taken a swing at one racket over the other.  

[RareHighGrade]

On 11/20/2021 at 11:03 AM, ThothAmon said:

We’re all tremendous slouches. I tapped out after my $5k bid was topped. 
 

That record breaking price is because the pedigree designation was listed not only on the label, but also two more times on the cover itself.

[ThothAmon]

On 11/20/2021 at 2:13 PM, RareHighGrade said:

That record breaking price is because the pedigree designation was listed not only on the label, but also two more times on the cover itself.

Speaking from my perspective only my bids were based solely upon Veronica. 

[jimbo_7071]

On 11/20/2021 at 1:57 PM, innocuous said:

Ugh. The book at 9.2 guides at $310. It was sitting at $525 going into the live session. I set a limit of $1000 for myself but got carried away and went up to $1200. Final hammer was $1800 (w/BP). I give it 24 hours before the regret sinks in. 

That's a book that probably doesn't get slabbed very often because the guide value is low. There may be other comparable copies out there. If $1,200 wasn't enough to snag it, then you shouldn't lose any sleep over not being the buyer. There's always another book.

[RareHighGrade]

On 11/20/2021 at 11:23 AM, jimbo_7071 said:

That's a book that probably doesn't get slabbed very often because the guide value is low. There may be other comparable copies out there. If $1,200 wasn't enough to snag it, then you shouldn't lose any sleep over not being the buyer. There's always another book.

Not if you're a surfing cover collector like innocuous.

[GreatCaesarsGhost]

On 11/20/2021 at 2:09 PM, szav said:

Isn't this the one that went over 20k previously, but was some sort of failed sale?  Quite a precipitous drop if I'm recalling correctly.

Yes you’re right. Wonder what the back story was

[Ryan.]

The Startling 11s went for strong numbers as well. 

That Suspense sale makes the 4.0 that sold recently here on the boards look like a bargain. 

[nearmint]

Underbidder on the Master 29.  Damn.

[RareHighGrade]

This is a strange market.  It's interesting to compare some of the sales in this HA auction.  The 9.0 white page Church copy of Flash 42 (second highest graded copy on the census) went for $3,720.  By comparison, a non-pedigree 6.0 light tan page copy of New Adventure 14 (4th highest graded copy) went for more, $3,840. 

[jimbo_7071]

On 11/20/2021 at 2:42 PM, RareHighGrade said:

Not if you're a surfing cover collector like innocuous.

Is that really his focus? (I'm not sure whether you're joking.)

This copy probably went to an L. B. Cole completist. If it was an upgrade, maybe the buyer's undercopy will show up on HA soon.

[RareHighGrade]

On 11/20/2021 at 5:09 PM, jimbo_7071 said:

Is that really his focus? (I'm not sure whether you're joking.)

This copy probably went to an L. B. Cole completist. If it was an upgrade, maybe the buyer's undercopy will show up on HA soon.

Yes, as I recall, he's a surfing cover fan.  

[innocuous]

On 11/20/2021 at 5:23 PM, RareHighGrade said:

Yes, as I recall, he's a surfing cover fan.  

Correct. I first saw this cover in the Gerber photo guide and have been hunting for years. I have seen two, one heavily stained and one just a very low grade.  

I'm pretty sure there were at least two others bidding it up, so I figured if I kept going, all I was going to do is punish someone, but eventually lose. So, whoever you are, you're welcome. 

[tth2]

On 11/21/2021 at 1:00 AM, adamstrange said:

On 11/20/2021 at 10:20 PM, tth2 said:

 

I should have clarified my post by saying "the only strategy that has consistently worked with comics throughout history ..." 

It's guaranteed to work 100% of the time.

Until it doesn't.

Yes, but it's never not worked (unlike the stock market and real estate, which have seen ups and downs). 

In the stock market, anyone claiming that the stock market would never go down again would have to say "it's different this time".  And we know how well such predictions have panned out.

For the comic market, it's actually the opposite.  Therefore, anyone saying "it's different this time" would be claiming that the comic market will go down.  And we know how well all the predictions that the market would crash have panned out.

Edited November 21, 2021 by tth2

[Cat-Man_America]

On 11/20/2021 at 6:38 PM, RareHighGrade said:

This is a strange market.  It's interesting to compare some of the sales in this HA auction.  The 9.0 white page Church copy of Flash 42 (second highest graded copy on the census) went for $3,720.  By comparison, a non-pedigree 6.0 light tan page copy of New Adventure 14 (4th highest graded copy) went for more, $3,840. 

Strange indeed.  It's hard to gauge the pre-Supe DC market, but I would've thought the Church copy of Flash #42 would've topped 5K.  3.7K is just barely twice OSG in grade; Church books usually nail down three or four multiples regardless of census status.  My best guess is that the edge chips softened the hammer price, but whoever bought it should have no difficulty flipping the Flash for a sizable profit.  

[tth2]

On 11/21/2021 at 1:20 AM, Flex Mentallo said:

On 11/21/2021 at 1:00 AM, adamstrange said:

It's guaranteed to work 100% of the time.

Until it doesn't.

Tulip bulb moment?

Tulip mania was a 3-year phenomenon. 

Comics have been consistently going up for over 60 years.

[tth2]

On 11/21/2021 at 3:01 AM, GreatCaesarsGhost said:

Ok it’s official. Going to play tennis is either a very good or a very bad strategy for me during these auctions.
 

Never the bride, always the bridesmaid 

Those Manhunts went for some serious prices!

[tth2]

On 11/21/2021 at 4:09 AM, szav said:

Isn't this the one that went over 20k previously, but was some sort of failed sale?  Quite a precipitous drop if I'm recalling correctly.

Yes it was.  This seems to be a much more realistic price.

[tth2]

On 11/20/2021 at 5:34 AM, RareHighGrade said:

Yes, that and the MH Flashes were relatively good deals. 

It appears the SF Flashes are more highly coveted than the MHs.

[LearnedHand]

On 11/20/2021 at 3:20 PM, szav said:

Mentioned this relatively close comp for comparison on Promise copies vs non ped.  These books sold a day apart, and you can't really infer much from a single datapoint, but while these had been tied for a while, the 8.0 which was clearly the far superior copy pulled well ahead.

How much they impacted each other's prices, who knows.  With the typical Promise ped bump we'd been seeing for a while you'd have expected them to tie...but maybe the bidders, if it was even the same set of people on both books, after continually staring at these side by side for 3 weeks +however many weeks of preview, decided the Ped didn't mean that much.  It's still hard, if not impossible, to tease out what the pedigree premium is on all these highest graded copies vs the highest graded premium ...I know for the one Promise book that I purchased, personally my willingness to pay up was strictly for the book in very high grade, and not at all for the pedigree.