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Heritage says “Hold My Beer”
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75 posts in this topic

On 11/26/2021 at 8:53 PM, szav said:

The 8.5 (granted a rusty staple 8.5) went for 3.25 mil in April this year...pretty surprised to hear people predicting almost the same for a 6.0.  There's been a good bit of inflation but...for this to get the same or even close to the 8.5 is like saying the value of the book has gone up 2.5 times in that time period.

I may change my tune after we see where the 3.0 lands but I'll be impressed if the 6.0 breaks 2 mil. 

I don't see $3,000,000 in any universe but I do see $2,000,000, easily. A 5.5 sold for nearly $1,000,000 five years ago and the floodgates have opened since. At that point there was pressure holding back books from hitting $1,000,000 again. Now we're going to see a $1,000,000 book every month. There will be two in this Heritage auction. Two!

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On 11/26/2021 at 8:25 PM, szav said:

It may appear that way, but in actuality Heritage is just about to lap CC... again.

We'll see about 2 million, everyone else is calling it, but I personally would have a hard time eating that high a price on a 6.0 so soon after the aforementioned 8.5.

I say this even thinking about the spine/staple issues on the 6.0 rocket copy. 

I think people will be bidding on this 6.0 as if it's "better" than a 6.0 because of the presentation.  I think the 8.5 clearly had a big boon in the rusty staples that scared alot of buyers.  

 

Example.  I wonder how many serious collectors with deep pockets actively seeking an action 1 would have pulled the trigger at 2.5mil on the 8.5.  That's quite a discount from the sale price, but I bet quite a few would have been scared off.  Whereas I wonder how many serious bidders will be looking back at this 6.0 in a few months and whatever it hammers for and be thrilled to pay 70% of the hammer price.

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On 11/27/2021 at 2:13 AM, rob_react said:

And, to be fair to the good people at ComicConnect, they will also have two million dollar books in their current auction, so Heritage is just playing catch-up. 

disagree on the catch-up

HA will offer #1 and #2 whereas CC is offering #1 and #3

Edited by Gotham Kid
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The sale of the 8.5 happened long before so many game changing events. Back then Action ! Was far and away the big big… but even so, back then 2.5 and 3.2 were considered by us all as as high as anyone on the planet would ever pay for a comic.  Then covid made everyone stay home, get bored and start buying stuff they had no time to get worked up into buying when they were commuting, or had jobs!  and there was lots of cash around too… and crypto. now these books are hitting a market after a silver age book sold for 3.6!  And Promise books set records for lots of titles and issues… and genres.  So, let’s see what these books sell for.  Then we can decide if SA has caught GA, or whether AF15 pushed Act and Tec to new heights 

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On 11/26/2021 at 9:53 PM, RustyStaples said:

I say this even thinking about the spine/staple issues on the 6.0 rocket copy. 

I think people will be bidding on this 6.0 as if it's "better" than a 6.0 because of the presentation.  I think the 8.5 clearly had a big boon in the rusty staples that scared alot of buyers.  

 

Example.  I wonder how many serious collectors with deep pockets actively seeking an action 1 would have pulled the trigger at 2.5mil on the 8.5.  That's quite a discount from the sale price, but I bet quite a few would have been scared off.  Whereas I wonder how many serious bidders will be looking back at this 6.0 in a few months and whatever it hammers for and be thrilled to pay 70% of the hammer price.

You mention rusty staples but I wonder if this copy doesn’t also have rust on the bottom staple.    It’s hard to tell but the paper could have rust migration. 

1C9EEF86-9C07-49DA-921E-4613908BEA50.png

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On 11/27/2021 at 9:39 AM, szav said:

Close up of staple area on the interior shot doesn't look bad, but it's a bit hard to tell.  As I stated earlier the white pages are a great bonus which is why they're featuring the interior...but this book looks like a pretty generously graded 6.0.  You've got a one inch spine split on the bottom, what looks like a split going down from the bottom staple too, a few noticeable spine ticks, Chunk out of the top right edge.  The back cover doesn't have anything major that I see.

Great looking book for what it is, but it looks more like a 5.0 to me.  But from what I've seen, even at this level of books people seem to be paying more for the grade than the book, as evidenced by the rusty staple 8.5 etc.

image.png.49a6c1ba281470d627281899c9458f06.png

The pictures were obviously taken prior to encapsulation.  What concerns me is that the splitting could have been caused by a press.  

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