mstrange Posted June 3, 2022 Share Posted June 3, 2022 On 6/2/2022 at 10:27 PM, Bronty said: Had my eye on this one but had to cry uncle at the end. :/ I was going after this one as well. Bronty and jimjum12 2 Link to comment Share on other sites More sharing options...
Bronty Posted June 3, 2022 Share Posted June 3, 2022 Good taste, sir. Link to comment Share on other sites More sharing options...
MrBedrock Posted June 3, 2022 Share Posted June 3, 2022 On 6/3/2022 at 12:40 AM, mstrange said: On 6/3/2022 at 12:27 AM, Bronty said: Had my eye on this one but had to cry uncle at the end. :/ Expand I was going after this one as well. I wasn't going after this one, but now wish I had been. jimjum12 and Bronty 1 1 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted June 5, 2022 Share Posted June 5, 2022 On 6/3/2022 at 1:40 AM, mstrange said: I was going after this one as well. I noticed that one, but I didn't bid. I just checked the hammer price and had to do a double take! I would not have been anywhere close. Link to comment Share on other sites More sharing options...
jimbo_7071 Posted June 5, 2022 Share Posted June 5, 2022 On 6/2/2022 at 5:56 PM, BS Damutantman said: Nice wins! They're all cool, but v5 #7 is my absolute favorite Airboy cover. It's definitely growing on me after seeing that copy. My favorites are still the Heap covers, but I think those were a little too late for the Promise Collection. BS Damutantman 1 Link to comment Share on other sites More sharing options...
sfcityduck Posted June 10, 2022 Share Posted June 10, 2022 A lot of Promise Collection books coming up for auction ... a second time. Link to comment Share on other sites More sharing options...
comicjack Posted June 10, 2022 Share Posted June 10, 2022 On 6/9/2022 at 11:01 PM, sfcityduck said: A lot of Promise Collection books coming up for auction ... a second time. Makes you wonder Link to comment Share on other sites More sharing options...
Robot Man Posted June 10, 2022 Share Posted June 10, 2022 Not really. Intuition and common sense makes me not surprised. Bet they go for less than the first time around. The timing on that collection was the perfect storm… telerites 1 Link to comment Share on other sites More sharing options...
sfcityduck Posted June 13, 2022 Share Posted June 13, 2022 On 6/12/2022 at 9:57 AM, szav said: Which ones? What shows up on search on HA looks almost all new. Well, I thought the CM Jr. 5 and 7 at least were retreads, and assumed some of the others were, but now I see they just skipped those two in earlier auctions. Link to comment Share on other sites More sharing options...
Dr. Love Posted June 13, 2022 Share Posted June 13, 2022 There may be up to 20 or so at this point. But the only way youd know after the fact is drilling into each listing and reviewing sales history Link to comment Share on other sites More sharing options...
Cat-Man_America Posted June 15, 2022 Share Posted June 15, 2022 (edited) On 6/12/2022 at 7:38 PM, szav said: Much as it was a perfect storm for Promise books to realize insane record blowing prices the first go round … there’s a possible perfect storm for terrible prices brewing. I wonder if the expected resales once HA is done with the first pass are going to be delayed a few years. Hard to imagine any rational people thinking an attempted quick flipping of them for a profit is a good idea right now. Of course sone may come up for sale because of death, divorce, or debt, vs someone trying to flip for profit. True, while the rationale for selling may not matter much to a determined bidder, flipping is noticed. The biggest factors for a "perfect storm" of consignment risk are a book's history (how quickly a book is re-auctioned), current economics (inflation/recession concerns) and increased scrutiny and discussions over time of comparable grades (pedigree vs non-pedigree; tight vs loose grading opinions, etc.). The Promise Collection story is a great tale, but it's still just one original owner's story among many. Edited June 19, 2022 by Cat-Man_America wordsmithery and ale! jimjum12 1 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted June 17, 2022 Share Posted June 17, 2022 On 6/10/2022 at 11:01 AM, Robot Man said: Not really. Intuition and common sense makes me not surprised. Bet they go for less than the first time around. The timing on that collection was the perfect storm… Your prediction was certainly true for this one. I think the seller was smart to cut his losses now. There's still quite a bit of hype around the Promise Collection. I think that it would have sold for even less if he had waited. $43,200 was still an extremely strong price; hopefully it has found its forever home. jimjum12 1 Link to comment Share on other sites More sharing options...
Robot Man Posted June 17, 2022 Share Posted June 17, 2022 (edited) On 6/12/2022 at 5:39 PM, Dr. Love said: There may be up to 20 or so at this point. But the only way youd know after the fact is drilling into each listing and reviewing sales history There is a Promise book for sale here on the boards. Haven’t bothered nor do I care what it sold for on HA. Edited June 17, 2022 by Robot Man Link to comment Share on other sites More sharing options...
Popular Post tth2 Posted June 20, 2022 Popular Post Share Posted June 20, 2022 On 6/17/2022 at 1:36 PM, jimbo_7071 said: Your prediction was certainly true for this one. I think the seller was smart to cut his losses now. There's still quite a bit of hype around the Promise Collection. I think that it would have sold for even less if he had waited. $43,200 was still an extremely strong price; hopefully it has found its forever home. $23k haircut (not even counting the fees) in 6 months! Yikes! goldust40, Larryw7, Funnybooks and 2 others 5 Link to comment Share on other sites More sharing options...
buttock Posted June 20, 2022 Share Posted June 20, 2022 On 6/20/2022 at 11:12 AM, tth2 said: $23k haircut (not even counting the fees) in 6 months! Yikes! I saw the second sale result, not having known that it had already sold for more and thought the price was inordinately high. goldust40, jimbo_7071, jimjum12 and 1 other 4 Link to comment Share on other sites More sharing options...
Funnybooks Posted June 20, 2022 Share Posted June 20, 2022 The hype train.... tth2, Larryw7, jimbo_7071 and 1 other 4 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted June 20, 2022 Share Posted June 20, 2022 (edited) On 6/20/2022 at 1:16 PM, buttock said: I saw the second sale result, not having known that it had already sold for more and thought the price was inordinately high. I think that an inordinately high price will buoy the sales price the next time around. When Gary Keller paid very high prices for some Mile High DC's, they eventually came back down to earth, but it took having them sell two more times. Whatever they ended up losing, they lost about half with the first resale and the rest with the next resale. If this book follows that pattern, it should sell for around $20,400 if it is sold again in the next few years. I have seen a similar pattern many times over the years. For some reason when a book sells for an astronomical price, collectors seem to think that it has somehow magically increased in value completely out of proportion to historical trends instead of recognizing the sales price as the outlier that it is. Edited June 20, 2022 by jimbo_7071 batman_fan and tth2 2 Link to comment Share on other sites More sharing options...
batman_fan Posted June 21, 2022 Share Posted June 21, 2022 On 6/20/2022 at 5:16 PM, jimbo_7071 said: I think that an inordinately high price will buoy the sales price the next time around. When Gary Keller paid very high prices for some Mile High DC's, they eventually came back down to earth, but it took having them sell two more times. Whatever they ended up losing, they lost about half with the first resale and the rest with the next resale. If this book follows that pattern, it should sell for around $20,400 if it is sold again in the next few years. I have seen a similar pattern many times over the years. For some reason when a book sells for an astronomical price, collectors seem to think that it has somehow magically increased in value completely out of proportion to historical trends instead of recognizing the sales price as the outlier that it is. That is quite the downward trend jimjum12 and jimbo_7071 2 Link to comment Share on other sites More sharing options...
Courageous Cat Posted June 21, 2022 Share Posted June 21, 2022 I'll take a billy wright ped any day of the week over a promise book pemart1966 1 Link to comment Share on other sites More sharing options...
GermanFan Posted June 21, 2022 Share Posted June 21, 2022 I didnt get the hype when it was brought to the market. Maybe people associated it with the Mile High collection? "Promise Collection", nice maketing ploy. But promise what? Loss? jimbo_7071, Larryw7 and jimjum12 1 1 1 Link to comment Share on other sites More sharing options...
