tth2 Posted January 10 Share Posted January 10 On 1/10/2024 at 8:30 AM, batman_fan said: I am surprised by the ones that actually went up in hammer price Even pitchers used to get hits every now and then. batman_fan 1 Link to comment Share on other sites More sharing options...
jimjum12 Posted January 12 Share Posted January 12 On 11/21/2023 at 10:39 PM, buttock said: There's only 18 certified at 9.4 or better in the entire run, so given the demand I wouldn't expect them to go cheap. AAW 121 GOD BLESS ... -jimbo(a friend of jesus) Link to comment Share on other sites More sharing options...
Popular Post Dr. Love Posted January 13 Popular Post Share Posted January 13 On 1/12/2024 at 11:44 AM, jimjum12 said: AAW 121 GOD BLESS ... -jimbo(a friend of jesus) indeed, jimbo! jimjum12, comicnoir, buttock and 2 others 4 1 Link to comment Share on other sites More sharing options...
Dr. Love Posted March 5 Share Posted March 5 Been waiting for a Promise romance to resell - first entry for the genre. @MasterChief 8/16/21 for $1320 - 64% drop. MasterChief 1 Link to comment Share on other sites More sharing options...
Popular Post MasterChief Posted March 5 Popular Post Share Posted March 5 (edited) Update! As March moves forward, this update encompasses sales from the past three months. The Promise Collection ROI closed 2023 with a torpedoing on December 7th that drove the overall 2023 losses to a new high, from -23% to -27%, where it remains today. Six books propelled the negative result with the close of Heritage’s Showcase Auction in December at a combined loss of -$243,043 or -64%. Memo to Hertiage Auctions: Do not close auctions on Pearl Harbor Day. With the beginning of the new year, it started with an irregular gain in Promise liquidation returns. Most notable was the 329% positive increase of Shadow Comics V7#12. However, January’s gains were unable to move the overall ROI dial with the offset of February’s greater losses. As we observe the third year since the collection’s November 2021 premiere, one thing is seemingly evident at this point in time. The Promise Collection has not lived up to the hype and it is putting the Greater Fool Theory to the ultimate test. Data sorted oldest to newest Sale Date. (Source: Heritage Auctions (HA), Comic Connect (CC), ComicLink (CL), eBay) Edited March 6 by MasterChief Added My Romance #3 batman_fan, SpidersComics, tth2 and 7 others 8 2 Link to comment Share on other sites More sharing options...
MasterChief Posted March 5 Share Posted March 5 (edited) On 3/4/2024 at 9:31 PM, Dr. Love said: Been waiting for a Promise romance to resell - first entry for the genre. @MasterChief Thanks for the tag! Book added to ROI chart. Edited March 5 by MasterChief Dr. Love and szucchini 2 Link to comment Share on other sites More sharing options...
tth2 Posted March 5 Share Posted March 5 On 3/5/2024 at 3:39 PM, MasterChief said: Memo to Hertiage Auctions: Do not close auctions on Pearl Harbor Day. Link to comment Share on other sites More sharing options...
lou_fine Posted March 6 Share Posted March 6 On 3/4/2024 at 11:39 PM, MasterChief said: Update! As March moves forward, this update encompasses sales from the past three months. The Promise Collection ROI closed 2023 with a torpedoing on December 7th that drove the overall 2023 losses to a new high, from -23% to -27%, where it remains today. Six books propelled the negative result with the close of Heritage’s Showcase Auction in December at a combined loss of -$243,043 or -64%. Memo to Hertiage Auctions: Do not close auctions on Pearl Harbor Day. With the beginning of the new year, it started with an irregular gain in Promise liquidation returns. Most notable was the 329% positive increase of Shadow Comics V7#12. However, January’s gains were unable to move the overall ROI dial with the offset of February’s greater losses. As we observe the third year since the collection’s November 2021 premiere, one thing is seemingly evident at this point in time. The Promise Collection has not lived up to the hype and it is putting the Greater Fool Theory to the ultimate test. Data sorted oldest to newest Sale Date. (Source: Heritage Auctions (HA), Comic Connect (CC), ComicLink (CL), eBay) Thanks once again to @MasterChief for keeping this chart up-to-date for all of us boardies here. What I find interesting here is that out of the total of 322 Promise Collection books resold to date so far, comprised of 318 initially graded and slabbed with only 4 of them initially sold raw, there has been a total of only 6 regrades to date (i.e. 5 upgardes and 1 downgrade). Not sure what the percentage of regrades that normally takes place with CGC certified books that are sent back into the marketplace for resale, but if we are to believe all of the hype and talk here about CPR, then I would guess that the percentage of books sent in for regrading is substantially higher than the 1.88% (i.e. 6 regrades out of 318 certified books) that we are seeing here with the Promise resales. If this Promise Collection 1.88% resub/regrade rate is substantially below the normal percentage of books that undergo the CPR process before they are resold, it's certainly saying something about the perception of the grading that took place for the Promise books. jimbo_7071, SpidersComics and MasterChief 2 1 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted March 6 Share Posted March 6 On 3/6/2024 at 2:48 AM, lou_fine said: If this Promise Collection 1.88% resub/regrade rate is substantially below the normal percentage of books that undergo the CPR process before they are resold, it's certainly saying something about the perception of the grading that took place for the Promise books. No duh! Link to comment Share on other sites More sharing options...
Straw-Man Posted March 6 Share Posted March 6 i like my little fawcett group very much, but am admittedly happy all were modest purchases. Link to comment Share on other sites More sharing options...
Robot Man Posted March 6 Share Posted March 6 From my perspective, there were no “modest” Promise purchases. Hell, I couldn’t even justify buying a strip reprint book at those prices… tth2 1 Link to comment Share on other sites More sharing options...
MrBedrock Posted March 6 Share Posted March 6 (edited) On 3/6/2024 at 6:42 AM, Straw-Man said: i like my little fawcett group very much, but am admittedly happy all were modest purchases. On 3/6/2024 at 9:39 AM, Robot Man said: From my perspective, there were no “modest” Promise purchases. Hell, I couldn’t even justify buying a strip reprint book at those prices… Yep, Straw-Man overpaid, just like every other sucker who ended up with a Promise Collection comic. If you want proof that you are a fool who has been ripped off buying a comic just look for a Promise Collection label. Edited March 6 by MrBedrock jimbo_7071, gregreece and buttock 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post Frisco Larson Posted March 6 Popular Post Share Posted March 6 Well since our own @Dr. Love already posted the auction page, I must say I'm extremely delighted that this book just perfect-stormed itself into a little sub-set that I'm working on! I was braced for it to go hundreds higher, and when it didn't, I honestly yelled "YES" and threw some hands in the air, as I bid well more than it ended up costing me!!! Bumble Kitty, szucchini, SpidersComics and 7 others 10 Link to comment Share on other sites More sharing options...
bc Posted March 6 Share Posted March 6 On 3/6/2024 at 5:26 PM, Frisco Larson said: Well since our own @Dr. Love already posted the auction page, I must say I'm extremely delighted that this book just perfect-stormed itself into a little sub-set that I'm working on! I was braced for it to go hundreds higher, and when it didn't, I honestly yelled "YES" and threw some hands in the air, as I bid well more than it ended up costing me!!! Nice pickup man! -bc Frisco Larson 1 Link to comment Share on other sites More sharing options...
Frisco Larson Posted March 6 Share Posted March 6 On 3/6/2024 at 4:39 PM, bc said: Nice pickup man! -bc Thanks pal I'm still a little surprised Link to comment Share on other sites More sharing options...
Frisco Larson Posted March 6 Share Posted March 6 (edited) Oh, and as far as the wonderful chart @MasterChief has been compiling, my only other experience with a Promise Collection comic IS on there, me being the buyer from Heritage AND me being the seller on Comiclink. I (somewhat) isolated that result in the cropped chart entry below. For the record, I'm not too terribly upset with my loss on the book, as I changed direction a bit and that copy was able to be put back into circulation. Ya win some, ya lose some, either way, I got to enjoy it for about a year and that's worth something to me! Edited March 6 by Frisco Larson Dr. Love, bc and MasterChief 3 Link to comment Share on other sites More sharing options...
tth2 Posted March 7 Share Posted March 7 On 3/7/2024 at 6:50 AM, Frisco Larson said: Oh, and as far as the wonderful chart @MasterChief has been compiling, my only other experience with a Promise Collection comic IS on there, me being the buyer from Heritage AND me being the seller on Comiclink. I (somewhat) isolated that result in the cropped chart entry below. For the record, I'm not too terribly upset with my loss on the book, as I changed direction a bit and that copy was able to be put back into circulation. Ya win some, ya lose some, either way, I got to enjoy it for about a year and that's worth something to me! A mere 7% loss on a Promise book is like a 70% gain on another book! Point Five and Frisco Larson 2 Link to comment Share on other sites More sharing options...
Frisco Larson Posted March 7 Share Posted March 7 (edited) On 3/6/2024 at 11:35 PM, tth2 said: A mere 7% loss on a Promise book is like a 70% gain on another book! Indeed! It was a very small price to pay for renting it for a year. Edited March 7 by Frisco Larson Point Five and tth2 2 Link to comment Share on other sites More sharing options...
C. Spaulding Posted March 7 Share Posted March 7 On 3/6/2024 at 5:26 PM, Frisco Larson said: Well since our own @Dr. Love already posted the auction page, I must say I'm extremely delighted that this book just perfect-stormed itself into a little sub-set that I'm working on! I was braced for it to go hundreds higher, and when it didn't, I honestly yelled "YES" and threw some hands in the air, as I bid well more than it ended up costing me!!! It’s a pretty book in hand. You’ll enjoy it. Point Five 1 Link to comment Share on other sites More sharing options...
jimbo_7071 Posted March 7 Share Posted March 7 On 3/6/2024 at 4:22 PM, MrBedrock said: Yep, Straw-Man overpaid, just like every other sucker who ended up with a Promise Collection comic. If you want proof that you are a fool who has been ripped off buying a comic just look for a Promise Collection label. A fool and his money are soon parted, to be sure. I overpaid badly for both of my high-grade Promise books, but that's not a big deal to me because I overpay badly for non-pedigree books all the time. I'm content with what I paid for my midgrade Promise book, though ($7,500 plus tax and shipping). I have no regrets about that purchase. In general, it seemed like the mid-grade books went for strong prices but not insane prices. Professor K, The Black Hand ®, MasterChief and 1 other 4 Link to comment Share on other sites More sharing options...
