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

[GreatCaesarsGhost]

10 minutes ago, Lukesaurus said:

Found this market report in a 2005 Comics Buyers Guide . Batman 1 CGC 4.0 for $14,000 

Sad Sack 6 going for the same money as Tec 31

[Gotham Kid]

superboy 1 is the only one I think on that list that hasn't moved much at all over the last 15 yrs

Edited February 15, 2020 by Gotham Kid

[comicjack]

AF 15 8.0 for 20k  

[Gotham Kid]

There are currently 3 blue copies of Cap1 being auctioned.

ComicLink 1 7.5 and 1 5.0, Heritage 1 7.0

That can't be smart.

Edited February 15, 2020 by Gotham Kid

[GreatCaesarsGhost]

2 hours ago, Gotham Kid said:

There are currently 3 blue copies of Cap1 being auctioned.

ComicLink 1 7.5 and 1 5.0, Heritage 1 7.0

That can't be smart.

Right. But I don’t think there’s any sharing of book listings beforehand by the auction houses. I’m sure Heritage and Clink, after the books got listed, looked up at each other and said “ you, too?”. 

I assume Clink advised their 2 Cap sellers beforehand of the double listing, and they decided the grades were far enough apart that they agreed to the timing.

regardless of how we got to this place, I’m guessing gps will be down. In March of 2019, in a CC auction, a 7.0 went for $243k. 

http://www.comicconnect.com/bookDetail.php?id=706816.    

 I look back now and think that may have been a tad high. I hope I’m wrong, but I think especially now with 3 great books hitting at once, the 7.0 won’t come close to that price 

Edited February 15, 2020 by GreatCaesarsGhost

[Dark Knight]

3 hours ago, GreatCaesarsGhost said:

Sad Sack 6 going for the same money as Tec 31

Who's sack are they talking about? 

[LearnedHand]

23 hours ago, Dark Knight said:

Yeah I get what you're saying. But I think it's the new generation of collectors who just want to relive their glory days as kids back in the 70s, 80s, and 90s. I for one loved playing video games as a kid, actually owned almost all the 80s and 90s consoles between myself and my brothers. So it's pretty cool to see that video games are gaining some respect.

Video game collecting:  the aspect I can't completely get my mind around is: unlike encapsulated comic books and baseball cards, comic art, cels, fine art, etc., where the joy comes from what you can see, the joy from a video game generally comes from playing it, not the packaging.  

Suspense #3:  if you ignore the tape pull, it's a gorgeous copy with nothing else marring the cover image.  

Sup #1: did anyone ever determine the defects to reconcile the scans with the grade?  

 

[Bronty]

21 hours ago, LearnedHand said:

Video game collecting:  the aspect I can't completely get my mind around is: unlike encapsulated comic books and baseball cards, comic art, cels, fine art, etc., where the joy comes from what you can see, the joy from a video game generally comes from playing it, not the packaging.  

 

 

Its not hard to understand.   If you want to read action 1, you buy a $2 reprint.   If you want to own the real thing, you want to own the real thing.

If you want to play a game, hell, download the free rom.   If you want the real thing, then you're paying collector prices if the condition or rarity is there.

Game were meant to be played, comics meant to be read, trading cards meant to go in your bike spokes, blah blah.   Doesn't stop anybody from buying them as collectibles if they so desire.

Heck if you collect OA, and if I follow the logic of your example, I should be just as happy printing out an OA scan from heritage as opposed to owning the real thing.   It just doesn't work that way in any hobby.

I mean, a comic book was never meant to provide “joy” from an “encapsulated” cover.  It was meant to provide joy from reading the story. But people enjoy the encapsulated covers anyways.    I think that what this should be teaching you is that you may not completely understand your own collecting impulses and behaviour because you are more like the guy who buys a game to look at it ...than you realize

Edited February 16, 2020 by Bronty

[Bronty]

On 2/14/2020 at 3:06 PM, Dark Knight said:

I'm getting a little bit better in understanding the market. I have also shifting some interests into video game collecting as well as comics. There a few long time comic collectors who are doing the same thing and have been on this for years.

I think the market just exploded a few years ago, dunno how or what got it going into this new gear. Video game collecting has been going on for maybe 10 or so years with a just a few then started getting bigger and bigger as it gets more publicized.  Of course the most popular collector Dain Anderson who founded the Nintendo Age website and recently sold his pedigreed collection in Heritage (Carolina Collection) and a few other venues.

I'll have to rib Dain about how popular he is

Great guy but lost interest.

FWIW he had already sold his collection prior to it being sold on heritage (it was consigned by the buyer).

Edited February 16, 2020 by Bronty

[Bronty]

On 2/14/2020 at 3:10 PM, buttock said:

That's where this scares me.  Comics have a 50+ year history as a collectible and have shown a fairly linear growth pattern.  Video games, although having a large fan base, don't have the history to justify 6-7 figure prices. 

I think because of the fact that games collecting has only recently started to have the kind of infrastructure that's taken for granted in comics (heritage, clink, easier to understand item specifics, grading co that actually markets, news articles, public data points, etc etc), people have this idea that its "new" but people have been collecting for 25+ years.   Nearly 20 myself.   

Another thing you have to remember is that at the time, these things were expensive, so anything vintage remaining sealed is a real anomaly.    Nobody, but nobody was paying $50 of 1987 money to buy a game and not open it, especially since there really was no collecting scene at the time or even thoughts they would ever become valuable.   How many truly unread 1963 marvels do you come across?   Not so many right?

(I’m oversimplifying to keep the discussion brief). 

 

Edited February 16, 2020 by Bronty

[Bronty]

On 2/15/2020 at 2:01 AM, lou_fine said:

Any bets that the gamer collectors are also saying exactly the same thing when it comes to copies of Detective Comics 31.    

I'm not a fan of this particular item either; I don't find it interesting.   However, the bid is the bid and Palmer Luckey was public on twitter about being the current high bidder.   Google him if the name isn't familiar.

[Gotham Kid]

9 minutes ago, Bronty said:

I'm not a fan of this particular item either; I don't find it interesting.   However, the bid is the bid and Palmer Luckey was public on twitter about being the current high bidder.   Google him if the name isn't familiar.

420K is pocket change for the guy.

[lou_fine]

On 2/15/2020 at 3:59 AM, Gotham Kid said:

superboy 1 is the only one I think on that list that hasn't moved much at all over the last 15 yrs

Not really if you check out that copy of New Comics 1 which they have listed for $8,250.  

Especially since I just checked the Heritage archives and a CGC 7.0 graded copy sold in May of 2005 for $9,487.50 with the exact same copy reselling in August of 2010 for $4,780.  

Well, technically you are correct since a drop of 50% over 5 years is rather a sizeable move.    

[Gotham Kid]

8 minutes ago, lou_fine said:

On 2/15/2020 at 12:59 PM, Gotham Kid said:

superboy 1 is the only one I think on that list that hasn't moved much at all over the last 15 yrs

Not really if you check out that copy of New Comics 1 which they have listed for $8,250.  

I wasn't sure about all of them on the list. Superboy1 I was pretty sure of.

Edited February 16, 2020 by Gotham Kid

[lou_fine]

On 2/15/2020 at 7:42 AM, Dark Knight said:

On 2/15/2020 at 3:49 AM, GreatCaesarsGhost said:

Sad Sack 6 going for the same money as Tec 31

Who's sack are they talking about? 

Yes indeed, can you imagine anybody wanting to pay the same amount of money for a 'Tec 31 when they can acquire this beauty of a book here instead:

Don't you love the 'Tec 31-like "appreciation" on the price for this book here as the exact same graded copy sold for $1,782.50 way back in 2003, then flipped for $1,434 in 2006, before being "wisely" held and resold for $1,792.50 in 2016, and then finally flipped once again for $1,434 a year later in 2017.     

No wonder why poor Sad Sack is crying on the cover of this book here.  

Edited February 16, 2020 by lou_fine

[lou_fine]

9 minutes ago, Gotham Kid said:

15 minutes ago, lou_fine said:

On 2/15/2020 at 3:59 AM, Gotham Kid said:

superboy 1 is the only one I think on that list that hasn't moved much at all over the last 15 yrs

Not really if you check out that copy of New Comics 1 which they have listed for $8,250.  

I wasn't sure about all of them on the list. Superboy1 I was pretty sure of.

Are you really trying to tell us that New Comics 1 is not on your short bucket list of books to acquire before they come to cart you away?     

 

[lou_fine]

2 hours ago, Gotham Kid said:

3 hours ago, Bronty said:

I'm not a fan of this particular item either; I don't find it interesting.   However, the bid is the bid and Palmer Luckey was public on twitter about being the current high bidder.   Google him if the name isn't familiar.

420K is pocket change for the guy.

Any chance that Ivy and Halperin are also very well aware of this fact and *ahem* taking appropriate action to ensure that lucky Palmer wins this lot at a "good" price and receives the headlines that he seems to crave for?    

Edited February 16, 2020 by lou_fine

[Bronty]

12 minutes ago, lou_fine said:

Any chance that Ivy and Halperin are also very well aware of this fact and *ahem* taking appropriate action to ensure that lucky Palmer wins this lot at a "good" price and receives the headlines that he seems to crave for?    

I don't think so.   I'm not a conspiracy theorist for one, and for two, the bid was briefly one increment higher than it is now.    That suggests to me that HA cancelled a dodgy bid.

(In other words, someone probably is shilling him up, but it ain't HA  )

Edited February 16, 2020 by Bronty

[Crowzilla]

2 hours ago, lou_fine said:

Yes indeed, can you imagine anybody wanting to pay the same amount of money for a 'Tec 31 when they can acquire this beauty of a book here instead:

 

Don't you love the 'Tec 31-like "appreciation" on the price for this book here as the exact same graded copy sold for $1,782.50 way back in 2003, then flipped for $1,434 in 2006, before being "wisely" held and resold for $1,792.50 in 2016, and then finally flipped once again for $1,434 a year later in 2017.     

No wonder why poor Sad Sack is crying on the cover of this book here.  

It's pretty obvious from reading the text with the article that the #6 is a typo and they meant #1.

But it was still a horrible investment.

The 9.4 copy HA sold in 2006 (when top guide was $900) for $10,755 resold in 2014 for $4.481 (when top guide had risen to $3,300). The 9.0 copy they offered last year couldn't even reach 75% of guide. Makes an investment in Adventure #72 look like you are buying APPL.

 

[tth2]

9 hours ago, Bronty said:

Nobody, but nobody was paying $50 of 1987 money to buy a game and not open it, especially since there really was no collecting scene at the time or even thoughts they would ever become valuable. 

I agree with you, it's one thing to buy a double of a 10 cent or 12 cent book, even back in those days, and put it away without being read, and another thing completely to pay $50 in 1987 (which was a lot of money) for a game that would never be played.

So are these unopened games really games purchased by retail buyers who were wealthy and farsighted enough to buy them purely for collecting purposes?  Or are these the equivalent of file copies that were never sold but are coming out of unsold inventory, which is why they were never opened?   

And how do we know that they're not counterfeit, if they're not opened and played to check for authenticity?