Are prices still climbing or have they eased up a bit??? 43 43

[Beastfeast]

On 8/1/2022 at 4:43 PM, King Farce said:

FTFY

[alexgross.com]

how come the books i am targeting still seem to go for gpa or above? this one's already over the highest sale price of 2022. isn't the market supposed to be tumbling? 

https://comics.ha.com/itm/silver-age-1956-1969-/the-amazing-spider-man-41-marvel-1966-cgc-vf-80-white-pages/a/40202-82013.s?ic4=GalleryView-ShortDescription-071515

 

[THE_BEYONDER]

On 8/2/2022 at 10:01 AM, alexgross.com said:

how come the books i am targeting still seem to go for gpa or above? this one's already over the highest sale price of 2022. isn't the market supposed to be tumbling? 

https://comics.ha.com/itm/silver-age-1956-1969-/the-amazing-spider-man-41-marvel-1966-cgc-vf-80-white-pages/a/40202-82013.s?ic4=GalleryView-ShortDescription-071515

 

Stop targeting hot books

[lou_fine]

On 8/2/2022 at 7:01 AM, alexgross.com said:

how come the books i am targeting still seem to go for gpa or above? this one's already over the highest sale price of 2022. isn't the market supposed to be tumbling? 

https://comics.ha.com/itm/silver-age-1956-1969-/the-amazing-spider-man-41-marvel-1966-cgc-vf-80-white-pages/a/40202-82013.s?ic4=GalleryView-ShortDescription-071515

 

Clicked on your link here and noticed this issue right after yours and currently running at $5.5K or about $9K below its price from November of 2021, but only about $3K below its two sales in June of this year:    

https://comics.ha.com/itm/silver-age-1956-1969-/superhero/the-amazing-spider-man-50-marvel-1967-cgc-vf-nm-90-off-white-to-white-pages/a/40202-82014.s?ic16=ViewItem-BrowseTabs-Auction-Open-ThisAuction-120115

I guess that auction result of $14,400 from November of 2021 must have been when the crazies were still out there and hence the real outlier.  

Edited August 2, 2022 by lou_fine

[jjonahjameson11]

On 8/2/2022 at 10:58 AM, lou_fine said:

Clicked on your link here and noticed this issue right after yours and currently running at $5.5K or about $9K below its price from November of 2021, but only about $3K below its two sales in June of this year:    

https://comics.ha.com/itm/silver-age-1956-1969-/superhero/the-amazing-spider-man-50-marvel-1967-cgc-vf-nm-90-off-white-to-white-pages/a/40202-82014.s?ic16=ViewItem-BrowseTabs-Auction-Open-ThisAuction-120115

I guess that auction result of $14,400 from November of 2021 must have been when the crazies were still out there and hence the real outlier.  

So, the asm 50 in 9.0 with ow/w pages and  2 days to go before the auction closes (and a lot of bidding can happen during the last two days of the auction) is being compared with the 9.0 White pages copy that sold for $14.4K on Oct 31st as the outlier???   

[sfcityduck]

Based on recent comp prices of comics I was thinking of selling, prices are dropping.

[alexgross.com]

On 8/2/2022 at 7:58 AM, lou_fine said:

Clicked on your link here and noticed this issue right after yours and currently running at $5.5K or about $9K below its price from November of 2021, but only about $3K below its two sales in June of this year:    

https://comics.ha.com/itm/silver-age-1956-1969-/superhero/the-amazing-spider-man-50-marvel-1967-cgc-vf-nm-90-off-white-to-white-pages/a/40202-82014.s?ic16=ViewItem-BrowseTabs-Auction-Open-ThisAuction-120115

I guess that auction result of $14,400 from November of 2021 must have been when the crazies were still out there and hence the real outlier.  

as @jjonahjameson11said, it makes no sense to compare in progress auctions with closed results, unless, as in the case of the asm 41, the current price is already higher than all completed previous results. 

[lou_fine]

On 8/2/2022 at 8:09 AM, jjonahjameson11 said:

So, the asm 50 in 9.0 with ow/w pages and  2 days to go before the auction closes (and a lot of bidding can happen during the last two days of the auction) is being compared with the 9.0 White pages copy that sold for $14.4K on Oct 31st as the outlier???   

Totally agree with you here, but for potential buyers, might be a good opportunity if the donward trend continues.    

As for the WP designation, I believe that @Jaydogrules as per his previous posts on this issue would respectfully tend to disagree with you here.  

Now, if it had one of those CVA or QES stickers on the holder, then that might just bring in the CPR crowd and push the book over the top.  

[jjonahjameson11]

On 8/2/2022 at 12:09 PM, lou_fine said:

Totally agree with you here, but for potential buyers, might be a good opportunity if the donward trend continues.    

As for the WP designation, I believe that @Jaydogrules as per his previous posts on this issue would respectfully tend to disagree with you here.  

Now, if it had one of those CVA or QES stickers on the holder, then that might just bring in the CPR crowd and push the book over the top.  

On this book in this grade, WP add a $1K premium.  It’s a tough book to get with white pages 

[dikran]

Everything I wanna sell has collapsed and everything I wanna buy keeps going up 

[piper]

On 8/1/2022 at 12:30 PM, lou_fine said:

It would appear to be much less so with respect to the GA market, especially the classis covers, since these books don't tend to show up as often.  

I was watching a couple of the Frazetta Famous Funnies books and they still seem to be going for record prices, even in mid-grade condition:  

https://comics.ha.com/itm/golden-age-1938-1955-/famous-funnies-213-eastern-color-1954-cgc-fn-60-cream-to-off-white-pages/a/122230-17289.s?ic4=ListView-ShortDescription-071515

This copy here sold for $12K or 20X the 2021 condition guide value and still at a strong healthy 9.25X the 2022 condition guide value even though Overstreet jacked up the valuations for this book by 158% in this year's edition of the guide.  

 

Although this one here has a lower valuation in the guide as it only went up by about 30% in this year's guide, it still sold for $9K or 15X the 2021 condition guide value and at a very strong 11.6X the 2022 Overstreet condition guide value:  

https://comics.ha.com/itm/golden-age-1938-1955-/famous-funnies-215-eastern-color-1955-cgc-fn-60-cream-to-off-white-pages/a/122231-11437.s?ic4=ListView-ShortDescription-071515

So, thankfully for now at least, the malise or softening in the marketplace has so far not spread to all corners of the market, as there still seems to be continued ongoing strength when it comes to large parts of the GA marketplace.  

As I own this run, I’m happy to hear that prices continue to climb! Yay for me!!

[bluehorseshoe]

On 8/1/2022 at 3:06 PM, lou_fine said:

Well, did you see those two record setting prices for Spidey 300 earlier this week at the Heritage Auction:    

https://comics.ha.com/c/search-results.zx?N=52+1063+790+231&Ntk=SI_Titles-Desc&Nty=1&Ntt=amazing+spider-man+300&limitTo=all&ic4=KeywordSearch-A-K-X-071316

Hard to believe that a signed Newsstand copy can fetched over $30K while an unsigned Newsstand copy can still fetch almost 20K in today's supposedly softening marketplace.  

It's almost like speculators and collectors are trying to split hairs here in order to justify a case of rarity for what is otherwise pretty much a relatively common book, even in nosebleed HG condition.  

This is short sighted. These are people voting with their dollars, and if this wasnt a distinguishable feature, then it would be recognized as such.  Just because you don't want to dive into that lake doesnt mean the lake doesnt exist.

The next fairly obvious evolution of a subset is retired labels. Whether it creates a pricing disparity, that hasnt played out yet, but its a real thing with NM 98 with or without a Deadpool custom label, which I'll save you the typing, its a relatively common book in terms of census numbers. Sounds like thats going to breeze on by you as well, which is absolutely okay.

[alexgross.com]

On 8/2/2022 at 9:09 AM, lou_fine said:

 

As for the WP designation, I believe that @Jaydogrules as per his previous posts on this issue would respectfully tend to disagree with you here.  

 

who cares? people can believe all kinds of ridiculous things if they wish. and other people can put them on ignore too. 

[PeterPark]

On 8/1/2022 at 2:30 PM, lou_fine said:

It would appear to be much less so with respect to the GA market, especially the classis covers, since these books don't tend to show up as often.  

I was watching a couple of the Frazetta Famous Funnies books and they still seem to be going for record prices, even in mid-grade condition:  

https://comics.ha.com/itm/golden-age-1938-1955-/famous-funnies-213-eastern-color-1954-cgc-fn-60-cream-to-off-white-pages/a/122230-17289.s?ic4=ListView-ShortDescription-071515

This copy here sold for $12K or 20X the 2021 condition guide value and still at a strong healthy 9.25X the 2022 condition guide value even though Overstreet jacked up the valuations for this book by 158% in this year's edition of the guide.  

 

Although this one here has a lower valuation in the guide as it only went up by about 30% in this year's guide, it still sold for $9K or 15X the 2021 condition guide value and at a very strong 11.6X the 2022 Overstreet condition guide value:  

https://comics.ha.com/itm/golden-age-1938-1955-/famous-funnies-215-eastern-color-1955-cgc-fn-60-cream-to-off-white-pages/a/122231-11437.s?ic4=ListView-ShortDescription-071515

So, thankfully for now at least, the malise or softening in the marketplace has so far not spread to all corners of the market, as there still seems to be continued ongoing strength when it comes to large parts of the GA marketplace.  

I couldn't find the new advisors in Overstreet but I did notice at least former advisor had been removed...

[Microchip]

On 8/5/2022 at 4:37 AM, PeterPark said:

I couldn't find the new advisors in Overstreet but I did notice at least former advisor had been removed...

Removed, or past away?  

[wiparker824]

On 8/1/2022 at 12:06 PM, lou_fine said:

Well, did you see those two record setting prices for Spidey 300 earlier this week at the Heritage Auction:    

https://comics.ha.com/c/search-results.zx?N=52+1063+790+231&Ntk=SI_Titles-Desc&Nty=1&Ntt=amazing+spider-man+300&limitTo=all&ic4=KeywordSearch-A-K-X-071316

Hard to believe that a signed Newsstand copy can fetched over $30K while an unsigned Newsstand copy can still fetch almost 20K in today's supposedly softening marketplace.  

It's almost like speculators and collectors are trying to split hairs here in order to justify a case of rarity for what is otherwise pretty much a relatively common book, even in nosebleed HG condition.  

Yeah but this is a phenomenon related to the newsstand market. The overall market on blue label 9.8’s for this book has been trending down for awhile now:

[lou_fine]

On 8/6/2022 at 3:42 AM, Microchip said:

On 8/4/2022 at 11:37 AM, PeterPark said:

I couldn't find the new advisors in Overstreet but I did notice at least former advisor had been removed...

Removed, or past away?  

I believe he is most likely referring to oue favorite punching boy on these boards here, namely Dylan Schwartz, who was actually not listed as an Overstreet advisor starting with last year's guide.    

As for the new advisors on Page 208 of the guide, it looks like the Class of 2022 had only 2 inductees, namely Chris Simons from I Like Comics in Vancouver, WA and Jeff Walker (In Memoriam) from Pristine Comics in Seattle.  

Edited August 6, 2022 by lou_fine

[DC#]

Here is my Dow 30 updated for July (for those interested in the methodology I have added the original post in the quote below).     A big downturn this quarter with Silver taking its first material slide.   

 

Silver was down 10.2% vs July 21, down 13.8% vs April 22

Bronze was down 8.1% vs July 21, down 11.3% vs April 22

Copper/Modern was down 13% vs July 21, down 10.5% vs April 22

In aggregate down 9.8% vs July 21 and down 12.6% vs April 22

 

 

On 12/23/2021 at 2:36 PM, DC# said:

I finally finished my version of the "DOW 30" for comic books for those interested in a more aggregate look at the trends.    I am sure any statistician here can find the errors in the development my sample pool but it is what it is.    Here is the general breakdown:

• 10 books each from Silver, Bronze, and Copper/Modern and 3 CGC grades per book.   So total view is across 90 graded books.
• I tried to pick titles/issues at grades that had sufficient sales velocity - and picked books that have been consistent "key issues" over the years (no hot today - dead tomorrow).    Balance of big keys and every-day keys at a range of values.    So there is not an Avengers 1 or X-men 1 in 9.6 for example.   But for Modern/Copper included a lot of 9.8s since that is really where the market is.   
• This is a quarterly snapshot (Jan, April, July, Oct) between 2016 and 2021 so it won't necessarily show the monthly peaks.   Took the average of all sales in the month of Jan/Apri/Jul/Oct - except in Modern where I took the average of the last 2 sales in that month (just too many damn copies sold per month and I ran out of steam).   If there was no sales in that month - I took the last sale regardless of what month it occurred.    

Here are the books/grades this tracks (apologies to Gold collectors)

Silver

• Avengers 1 5.0/4.0/3.0
• X-Men 1 4.5/4.0/2.5
• Tales of Suspense 39  5.0/3.5/3/0
• Fantastic Four 48  8.0/6.0/4.0
• Batman 181 6.0/4.0/3.0
• Daredevil 1. 6.0/5.0/3.5
• Spider-man 50  8.0/6.0/4.0
• Silver Surfer 1 8.0/6.0/4.0
• Iron Man 1 8.0/6.0/4.0
• Flash 139  7.0/6.0/5.0

Bronze

• Hulk 181 9.2/8.0/6/0
• Giant Size X-men 1 9.4/8.5/6.5
• Marvel Spotlight 5. 8.5/7.5/6.5
• Spider-man 129   8.5/7.5/6.5
• Tomb of Dracula 10   9.2/8.0/6.5
• House of Secrets 92.  8.5/7.0/4.0
• DC Comics Presents 26.  9.8/9.6/9.2
• Batman 232.  8.5/7.5/6.0
• Iron Man 55.  9.4/8.5/7.5
• Star Wars 1.  9.8/9.6/9.0

Copper/Modern

• Spider-man 300.  9.8/9.4/9.0
• Ultimate Fallout 4.  9.8/9.6/9.4
• Batman Adventures 12  9.8/9.6/9.4
• X-men 266. 9.8/9.4/9.2
• Young Avengers 1.  9.8/9.6/9.4
• New Mutants 98.   9.8/9.6/9.4
• Swamp Thing 37. 9.8/9.6/9.4
• Edge of Spider-verse 2.  9.8/9.6/9.4
• Hulk 340.  9.8/9.6/9.4
• Wolverine 1 (88).  9.8/9.6/9.4

 

Overall this analysis looks a lot like the performance chart of any single book you look at on GPA.    The January results will be an indicator of much of a correction the market started to show as of Oct.     The returns here have been very strong since 2016 with a bit of a pause in 2019.  Even if 2021 had been flat-ish it would have been a good 5 year run.  

 

 

 

[Dark Knight]

What a year 2021 was for practically all collectibles (at least the ones I've been tracking: comics, sports cards, and video games). Those who sold last year made a lot of $$$. 

 

[Pantodude]

Enough doom and gloom!   True, even early Spidey's showed kinks in their armor across the board this year.  But ALL (!) the early Spideys #1 thru #20 had at least one grade in which the most recent sale (all in recent months) set all-time GPA records (actually, 3 of the 34 grades below nearly matched the record, so I included them, too).  E.g.:

ASM #2 in 6.5, 7.0

#3 in 1.0 

#4 in 5.0

#5 in 6.0, 7.0

#6 in 9.2

#7 in 9.0, 8.5

#8 in 6.5

#9 in 1.0

#10 in 4.0, 2.5

#11 in 8.0, 7.5, 6.5

#12 in 1.0

#13 in 9.2, 2.5 

#14 in 9.0

#15 in 1.5

#16 in 9.0

#17 in 8.0, 7.0, 5.5 

#18 in 8.5, 2.0

#19 in 9.2, 8.5, 7.0, 6.5, 6.0

#20 in 9.4, 9.0 

It has to start somewhere, right?  

Edited August 7, 2022 by Pantodude