Anyone else over the Promise Collection? 6 6

[William-James88]

On 1/25/2022 at 6:49 PM, MrBedrock said:

Which Promise books are folks having issues with in regard to eye appeal and preservation not related to structural issues?

It's mainly structural, like bug chews and the like, but the word ugly get thrown around for that too.

 

But is that all there is to it? Would a good looking high grade GA book perform as well as a Promise Collection book now if it was not part of that collection? Do you know if other higher grade GAs are selling for prices as high as what the Promise Collection books are getting?

Edited January 26, 2022 by William-James88

[William-James88]

Is any other GA collector thinking of selling their books on Heritage now since there are more eyes on their auctions?

[MrBedrock]

On 1/25/2022 at 6:18 PM, William-James88 said:

But is that all there is to it? Would a good looking high grade GA book perform as well as a Promise Collection book now if it was not part of that collection? Do you know if other higher grade GAs are selling for prices as high as what the Promise Collection books are getting?

Yes, almost all stellar examples of Golden Age books are bringing record prices these days.

[adamstrange]

On 1/25/2022 at 6:49 PM, MrBedrock said:

Which Promise books are folks having issues with in regard to eye appeal and preservation not related to structural issues?

There are some books with annoying dust shadows on the cover.  This is one example of many.

[adamstrange]

On 1/25/2022 at 7:40 PM, MrBedrock said:

Yes, almost all stellar examples of Golden Age books are bringing record prices these days.

Look no further than many of the pre-code horror books from the Black Cat Coll. setting some surprising records.

[lou_fine]

On 1/25/2022 at 11:09 AM, HemiGTX said:

I am now seeing a fair amount of the (already sold) Promise books, being put back up for auction with Heritage. 

 

On 1/25/2022 at 11:34 AM, adamstrange said:

There is more re-cycling occuring on a regular bais than makes sense to me, but I've been around long enough to observe the fickle nature of many collectors in the hobby so I'm no longer surprised.  It may be more noticeable because the Promise books are featured so prominently right now.

Since I am too lazy to search through Heritage right now, would either of you have a couple exampkes of these recycled Promise books that are being auctioned off on HA on their second go-round.  

With the initial high grades given to the Promise Collection books, have any of therse recycled books gone through the usual standard CPR process prior to being sent back to Heritage for re-auctioning again?  

[Randall Dowling]

On 1/25/2022 at 2:24 PM, William-James88 said:

So if I sell my Master comics 30, which rarely shows up for auction at that grade (or ever) in 9.0, which I bought for $266 2 years ago, it would sell for over 1 G?

This isn't Master Comics 30.  If someone had a Master Comics 30 in 9.0 for sale right now, it would draw very big dollars.  But that's been the case for awhile now.

CMJ 30 is still a cool book.  

Edited January 26, 2022 by Randall Dowling
Late Night Grammar Issues

[Dr. Love]

On 1/25/2022 at 9:51 PM, lou_fine said:

 

Since I am too lazy to search through Heritage right now, would either of you have a couple exampkes of these recycled Promise books that are being auctioned off on HA on their second go-round.  

With the initial high grades given to the Promise Collection books, have any of therse recycled books gone through the usual standard CPR process prior to being sent back to Heritage for re-auctioning again?  

Not a fair amount on HA.  A negligible few.  The below are coming up,  there may be a few more, and a few in past auctions.

Action 107, Action 131, Boy Comics 19, Kid Colt 4, Star Spangled 103

[lou_fine]

On 1/25/2022 at 10:04 PM, szav said:

There are seven listed on Worldwide Comics, and only three I see on ebay.  They're all fairly obscure, and none classic, all marked up a bit as they'd have to be.  Maybe I'm missing some listed on other sites, but considering 2500 books have sold  on HA already, I'd say there's been surprisingly few coming up for resale as a percentage. 

No surprise here as I remember that it was also Ritter at Worldwide that had more than several books from the big Jon Berk auction that was done through CC back in the early summer of 2017 relisted on his own WW website within mere weeks after the Berk auction had finished.  

The only difference being that virtually every single one of them was now residing in new slabs with higher graded labels on them, with the listed prices all being markedly higher than what they had originally sold for while encased in their lower graded slabs.  Since CGC is supposed to represent impartial and unbiased 3rd party grading, I would assume these newly recycled and relisted Promise Collection books would also now be encased in new slabs with higher graded labels on them.  

[lou_fine]

On 1/25/2022 at 10:25 PM, Randall Dowling said:

This isn't Master Comics 30.  If someone had a Master Comics 30 in 9.0 for sale right now, it would draw very big dollars.  But that's been the case for awhile now.

For sure, as any of those early Master Comics with the Raboy covers, especially the classic covers like Master 27 with the V for Victory cover or the Master 33 with the Swastika smashing cover would certainly draw huge dollars considering that you hardly ever see these early Masters come to market very often.    

[LearnedHand]

On 1/25/2022 at 6:49 PM, MrBedrock said:

Which Promise books are folks having issues with in regard to eye appeal and preservation not related to structural issues?

Yes, I agree with Richard.  

Every Promise book I’ve seen or purchased looks like it came out of a time machine.  Example: purchased a Promise classic cover 7.5/white and own a non-ped 9.4 too.  The 9.4 is a beauty and basically defect free.  Promise copy has a largish bindery tear and a 1/4” tear and dust shadow on bottom b/c.  Promise copy pops and looks superior.  The depth and vibrancy of the colors, the unbelievable gloss, the overall freshness are unmatched by the 9.4.  

To me, it’s the difference between collecting grade and presentation.  I’d rather have a copy that has non-offensive defects (which technically lower the grade) but has a “newsstand fresh” presentation over a copy that may be technically higher grade but looks like it’s a well-preserved vintage book.  As a collector, the joy is in the art, not the bragging rights or resale.  

In terms of dust shadows, this doesn’t bother me, as virtually all my 9.4 and 9.6 MH copies have them.  
 

Edited January 26, 2022 by LearnedHand

[William-James88]

On 1/26/2022 at 1:25 AM, Randall Dowling said:

CMJ 30 is still a cool book.  

Haha, yeah, woops. Got my wires crossed there.

[William-James88]

Holy Dust Shadow Batman

[pmpknface]

On 1/25/2022 at 7:35 PM, William-James88 said:

Is any other GA collector thinking of selling their books on Heritage now since there are more eyes on their auctions?

I sent 10 books out yesterday to CGC.  Maybe not soon, but I'm preparing for a sell just in case.  Heritage will certainly be an option. 

[William-James88]

On 1/25/2022 at 6:49 PM, MrBedrock said:

Which Promise books are folks having issues with in regard to eye appeal and preservation not related to structural issues?

Here are 2 I just saw that I would personally call ugly for higher grade books. If it weren't for that dust shadow, I would bid over guide for them but with them looking like this, I'd feel better getting lower grade copies that have better eye appeal. We'll see how well they do.

Just to be clear, I don't disagree with the grade, I just don't think these look good.

[William-James88]

@Randall Dowling Just wanted to say, I always appreciate your comments an inputs, thanks for being a great guy!

Edited January 26, 2022 by William-James88

[Flex Mentallo]

On 1/26/2022 at 12:23 PM, LearnedHand said:

Every Promise book I’ve seen or purchased looks like it came out of a time machine.

To me, it’s the difference between collecting grade and presentation.   As a collector, the joy is in the art, not the bragging rights or resale.  

I cannot but empathize with this. My struggle with the Promise Planets is that most of them have lower than average color strikes. Take Planet Comics #33 and #34, where pale orange kills the eye appeal [at least for me.] Like you, I'd take eye appeal over grade every time - just not the Promise Collection Planets.

[steelcity]

On 1/26/2022 at 9:17 AM, lou_fine said:

For sure, as any of those early Master Comics with the Raboy covers, especially the classic covers like Master 27 with the V for Victory cover or the Master 33 with the Swastika smashing cover would certainly draw huge dollars considering that you hardly ever see these early Masters come to market very often.    

Back in late 2000 I found a copy of Master Comics 33 for sale. Never seen it before; no prior thoughts to buy a copy but the dynamic cover in smouldering orange meant I had an impulse buy on my hands. Never regretted it, unlike a few other spur of the moment purchases I have made.

[MrBedrock]

I was going to say "other than the Fiction House" in my original post.

[october]

That Wings 97 comparison...