Spyder! Posted November 19, 2021 Share Posted November 19, 2021 On 11/18/2021 at 3:19 PM, Artboy99 said: picked this one up: Way to go Karl! Artboy99 1 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted November 19, 2021 Share Posted November 19, 2021 On 11/19/2021 at 5:36 PM, mstrange said: It didn't seem to help the Cap #74 8.0 thought it would go a lot higher si ce the Promise pedigree went for over 200k. It will be interesting to see what Promise books are selling for in a couple of years, after the hype has died down. I suspect that sellers who try to cash out via the no-reserve-auction route will end up taking some hefty losses, but we'll see. Link to comment Share on other sites More sharing options...
Artboy99 Posted November 19, 2021 Share Posted November 19, 2021 On 11/19/2021 at 3:42 PM, jimbo_7071 said: It will be interesting to see what Promise books are selling for in a couple of years, after the hype has died down. I suspect that sellers who try to cash out via the no-reserve-auction route will end up taking some hefty losses, but we'll see. I agree. Lots of the Promise books have sold at hyper inflated values. Link to comment Share on other sites More sharing options...
GreatCaesarsGhost Posted November 19, 2021 Author Share Posted November 19, 2021 (edited) On 11/19/2021 at 4:36 PM, mstrange said: It didn't seem to help the Cap #74 8.0 thought it would go a lot higher si ce the Promise pedigree went for over 200k. I was shocked about that. Only $44k. This is criminally low for what is now the second highest copy. The rusty staple kept you and me out. But the crypto crowd overlooked a rusty staple in The Cap 1 and horrible dust shadows in other Promise books in previous auctions. It seems like somehow someone has focused outside money into the Promise books. And the money going in there has a motto “no defect is too big to overlook!” Edited November 19, 2021 by GreatCaesarsGhost ThothAmon 1 Link to comment Share on other sites More sharing options...
Artboy99 Posted November 19, 2021 Share Posted November 19, 2021 On 11/19/2021 at 1:45 PM, Flex Mentallo said: I see that the other Promise Planets in the latest group had quite a lot of variation in the hammer prices, it seems to me with no rhyme or reason. Agreed. The #44 cgc 9.0 hammers at 5K, and others in the 7K+ or more. It didn't appear that production quality of the book ( miscuts and bad centering ) or color strike or the availability of the same book in grade had any effect on the prices. The Promised pedigree designation/ collection attention is certainly inflating the prices of the books in the auctions. Out of all of the Planets available in this latest auction I disregarded several due to very poor colors, 2 for bad centering/ miscut (where the title appears very crooked as an example ) and a few because the book I already own is pretty solid which left me 3 books to bid on. The 44, 49, 51. Comparatively speaking the 51 was a bargain price wise. Point Five, jimjum12 and Flex Mentallo 3 Link to comment Share on other sites More sharing options...
Artboy99 Posted November 19, 2021 Share Posted November 19, 2021 On 11/19/2021 at 4:21 PM, GreatCaesarsGhost said: I was shocked about that. Only $44k. This is criminally low for what is now the second highest copy. The rusty staple kept you and me out. But the crypto crowd overlooked a rusty staple in The Cap 1 and horrible dust shadows in other Promise books in previous auctions. It seems like somehow someone has focused outside money into the Promise books. And the money going in there has a motto “no defect is too big to overlook!” it sure seems there are some very dep pockets purchasing these labels. "Buy the label, not the book" is the opposite of what we always talk about. I can't call that Cap #1 a 3.5. Link to comment Share on other sites More sharing options...
jimbo_7071 Posted November 19, 2021 Share Posted November 19, 2021 (edited) On 11/19/2021 at 6:27 PM, Artboy99 said: it sure seems there are some very dep pockets purchasing these labels. "Buy the label, not the book" is the opposite of what we always talk about. I can't call that Cap #1 a 3.5. I still can't wrap my brain around the grades that some of these Promise books have gotten. I never thought that I would see high-grade books with rat chews! Take a close look at the lower right-hand corner on this Mary Marvel #6: https://comics.ha.com/itm/golden-age-1938-1955-/mary-marvel-comics-6-double-cover-the-promise-collection-pedigree-fawcett-publications-1946-cgc-nm-92-white-pages/a/7248-96095.s?ic4=GalleryView-ShortDescription-071515# Edited November 19, 2021 by jimbo_7071 GreatCaesarsGhost, Point Five, grendelbo and 1 other 1 1 2 Link to comment Share on other sites More sharing options...
Terry JSA Posted November 19, 2021 Share Posted November 19, 2021 (edited) On 11/19/2021 at 5:42 PM, jimbo_7071 said: It will be interesting to see what Promise books are selling for in a couple of years, after the hype has died down. I suspect that sellers who try to cash out via the no-reserve-auction route will end up taking some hefty losses, but we'll see. I agree. This collection was overhyped and people are paying crazy amounts for some of the books. I don’t see them retaining their value either. Edited November 19, 2021 by Terry JSA grendelbo, jimbo_7071, Larryw7 and 1 other 4 Link to comment Share on other sites More sharing options...
Popular Post kypackman Posted November 20, 2021 Popular Post Share Posted November 20, 2021 (edited) Sold my 5.0 a while back and regretted it. Couldn’t pass up this one. And it went for less than I thought it would. Edited November 20, 2021 by kypackman Professor K, szav, comicjack and 12 others 15 Link to comment Share on other sites More sharing options...
Terry JSA Posted November 20, 2021 Share Posted November 20, 2021 On 11/19/2021 at 7:06 PM, kypackman said: Sold my 5.0 a while back and regretted it. Couldn’t pass up this one. And it went for less tha n I thought it would. Congrats on the win! Nice pickup for sure! Point Five and kypackman 2 Link to comment Share on other sites More sharing options...
szav Posted November 20, 2021 Share Posted November 20, 2021 On 11/19/2021 at 4:21 PM, GreatCaesarsGhost said: But the crypto crowd overlooked a rusty staple in The Cap 1 To be fair to the nouveau riche cryptobarons...its pretty easy for me to accept a grade of 3.5 on something with a rusty staple ...but heck no on anything above a 5.0. Not that I buy anything in any grade with rusted staples... but its particularly heinous on a higher grade book. GreatCaesarsGhost, jimjum12, Point Five and 1 other 3 1 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted November 20, 2021 Share Posted November 20, 2021 On 11/19/2021 at 7:06 PM, kypackman said: Sold my 5.0 a while back and regretted it. Couldn’t pass up this one. And it went for less than I thought it would. I remember when I turned down a NM, white-paged copy for $700 because guide was $350. Talk about regret. Professor K, kypackman, William-James88 and 1 other 2 2 Link to comment Share on other sites More sharing options...
szav Posted November 20, 2021 Share Posted November 20, 2021 On 11/19/2021 at 4:43 PM, jimbo_7071 said: I still can't wrap my brain around the grades that some of these Promise books have gotten. I never thought that I would see high-grade books with rat chews! Take a close look at the lower right-hand corner on this Mary Marvel #6: https://comics.ha.com/itm/golden-age-1938-1955-/mary-marvel-comics-6-double-cover-the-promise-collection-pedigree-fawcett-publications-1946-cgc-nm-92-white-pages/a/7248-96095.s?ic4=GalleryView-ShortDescription-071515# What's even more mystifying, and perhaps a mistake beyond the grading itself, is that it says First cover 9.2, Inner cover 8.5....but the chunk on the outer cover is missing the bigger corner... Here's another...its a shame about the lower right corner. Real beauty of a book otherwise...I might could live with it, if it was 6.5 or lower. Badger and jimbo_7071 2 Link to comment Share on other sites More sharing options...
ThothAmon Posted November 20, 2021 Share Posted November 20, 2021 In tomorrow’s auction. Is this the only purple label so far? Link to comment Share on other sites More sharing options...
szav Posted November 20, 2021 Share Posted November 20, 2021 (edited) On 11/19/2021 at 6:05 PM, ThothAmon said: In tomorrow’s auction. Is this the only purple label so far? Wonder what the story on that trimming is...right edge looks wavy...wonder if the kid would have taken scissors to it? Edited November 20, 2021 by szav Link to comment Share on other sites More sharing options...
Forbush-Man Posted November 20, 2021 Share Posted November 20, 2021 (edited) Not my win, just a book I was watching. Sold for $21,600.00 cover cleaned and married back cover. Edited November 20, 2021 by Forbush-Man Link to comment Share on other sites More sharing options...
Forbush-Man Posted November 20, 2021 Share Posted November 20, 2021 Damn. I stink at posting pics. Link to comment Share on other sites More sharing options...
Professor K Posted November 20, 2021 Share Posted November 20, 2021 On 11/19/2021 at 9:36 PM, Forbush-Man said: Damn. I stink at posting pics. Maybe you saved the pic from the auction page. I think you have to click on it again to make it BIG then save it. On 11/19/2021 at 8:10 PM, szav said: Wonder what the story on that trimming is, It is weird. I doubt anybody was trimming prior to 1951 when I believe this collection ended. Maybe Heritage had it trimmed for some reason. On 11/19/2021 at 9:36 PM, Forbush-Man said: Forbush-Man 1 Link to comment Share on other sites More sharing options...
szav Posted November 20, 2021 Share Posted November 20, 2021 On 11/19/2021 at 7:43 PM, Professor K said: It is weird. I doubt anybody was trimming prior to 1951 when I believe this collection ended. Maybe Heritage had it trimmed for some reason. On closer look the right edge looks a bit wavy...I was thinking maybe the kid or someone else took scissors to it? Professor K 1 Link to comment Share on other sites More sharing options...
Forbush-Man Posted November 20, 2021 Share Posted November 20, 2021 I'ma try that again... Point Five, comicjack and Professor K 3 Link to comment Share on other sites More sharing options...
