Something doesn't add up. 1 1

[Antillia Island]

I paid just under $60, it said it was just a signature of Jeehyung Lee. I didn't get it from Jeehyung but from a big box type distributor. They said they try to label/describe them correctly and I could return it if not happy.... Haha... nooo I'm very happy with it. Anyway, I was browsing his site and he has the same book for $200 with the same serial number in photo, it says it is in stock, the sketch looks exactly the same.

https://jeehyung.com/products/marvel-star-1-1-200-variant-jeehyung-lee-cgc-ss-remark-ghost-spider-9-6?_pos=4&_sid=21a534b84&_ss=r 

https://www.ebay.com/itm/166336939296

Like how can I really tell if it isn't a fake, $60 feels way too cheep for what I got. (even Jeehyung site at $200 it feels a "fair" value. but what is the one on his site? There is only 5 in census, + is he selling a same sketch with different SS#? Since I have the book in the picture? I'm confused. 

Edited October 27, 2023 by Antillia Island

[KCOComics]

My guess is,  he just hasn't taken your book down off his website. 

I wouldn't be to stressed. You've got the book for what seems like a good deal 

[DougC]

You got remarque instead of he just the signature, you did your due diligence as a good person and reached out to the seller. The seller stated that you could return it if you were not happy, so regardless of the error you are morally and completely in clear with nothing worry about.

Congratulations on a nice book!

[Antillia Island]

I'm still unsure how we keep people from making fake books. There should be a chip in them or something.

But, this is my favorite (I know Zindan was my favorite, it still is) But I like how Spider Gwen popped up because I just watched her movie on my flight last week.

I love it.

I should start a different feed. But I'm wondering, on the 10 cent comic books do I press them when I get them graded? My friend got me in contact with a guy who had cleaned out his mothers house and she had a box of old 10 cent comics from I guess the fifties. The old man was wanting to toss most of them because "there is only a few dozen books boy books" haha I guess that means Superman or something. Luckily I convinced him not toss such old books, and send them to me, he had no clue. said he sent a little less then 200 books, might be good ones or cheap romance books, IDK it's the fun of collecting. I figure $2.20 per book (inc. shipping) it is worth the risk, (not to rip off an old men, I did offer $5 per book but he said nahh it's too much). But I was looking it might cost roughly around $10k to get them pressed and graded. I will ask more questions when I open the boxes ... but won't be back to US in at least 6 months (maybe more) so I will open a new feed. I just wonder when people send in those old books do they get them pressed? I think every book should get pressed but IDK about such old ones.  

[Dr. Balls]

If you have disposable income, you'll be finding deals all over the place. Comics have been in freefall for awhile - it's just a matter of how long a seller wants to hang onto a book that is 1/4 of it's value from a year ago. Some will HODL, some will slowly start letting them sell.

It's a matter of a cash flow philosophy on the seller's part: some will sell at a loss to utilize cash into a newer (presumably profitable) investment rather than sit on value-stricken inventory. Some will hold indefinitely because they have enough in assets to weather the storm or absorb the eventual loss while using larger margins recovered in other areas to offset.

The goal for the Buyer in the Buyer's Market like we have now - is to find the sellers willing to move on books at extreme discounts.

[shadroch]

On 10/27/2023 at 7:20 AM, Antillia Island said:

I'm still unsure how we keep people from making fake books. There should be a chip in them or something.

But, this is my favorite (I know Zindan was my favorite, it still is) But I like how Spider Gwen popped up because I just watched her movie on my flight last week.

I love it.

I should start a different feed. But I'm wondering, on the 10 cent comic books do I press them when I get them graded? My friend got me in contact with a guy who had cleaned out his mothers house and she had a box of old 10 cent comics from I guess the fifties. The old man was wanting to toss most of them because "there is only a few dozen books boy books" haha I guess that means Superman or something. Luckily I convinced him not toss such old books, and send them to me, he had no clue. said he sent a little less then 200 books, might be good ones or cheap romance books, IDK it's the fun of collecting. I figure $2.20 per book (inc. shipping) it is worth the risk, (not to rip off an old men, I did offer $5 per book but he said nahh it's too much). But I was looking it might cost roughly around $10k to get them pressed and graded. I will ask more questions when I open the boxes ... but won't be back to US in at least 6 months (maybe more) so I will open a new feed. I just wonder when people send in those old books do they get them pressed? I think every book should get pressed but IDK about such old ones.  

Why do you think every book should be slabbed, let alone pressed and slabbed?

[Antillia Island]

@shadrochshadroch

Because it's the only real method to make them into non-fungiable tokens. With them "lose" non-slabbed, we can't verfiy condition or acountablity to establish an exchanable token. From what I can tell all their reading material are easily found online and downloadable. It's the token, physical assist exchange, and holding (vault) that needs work, and we are working on.

Right now collectibles are exchanged like stocks in the 1920s, when the stupid paper (stock certificate) had to be mailed back and fourth. I have a feeling that will change. 

[shadroch]

I know it wasn't intentional, and please don't take offense, but that is one of the most ridiculous things I've heard in a very long time.

[unclezebo]

[Antillia Island]

On 10/28/2023 at 12:43 PM, shadroch said:

I know it wasn't intentional, and please don't take offense, but that is one of the most ridiculous things I've heard in a very long time.

I know, I can create digital tokens for anything, and they don't have to be graded. (ha you gave me a wonderful idea, I was discussing with my friend this morning ... but that is a different subject, not a all comic related) I just think graded books are more proper since the digital token would have to relay on objective grading when it isn't slabbed. 

eBay has already started giving digital tokens for graded cards in their vault. I haven't played with it but do hope they are using blockchain technology so someone can't hack ownership. I'm pretty sure they are, but they are using the same NFT concepts under the hood and just painting it in a way that doesn't trigger old collectors. Just a matter of time before they start a comic vault. 

I'm more interested in the formulas for signed comics, since we know a $2 book signed by Stan Lee can value at over $600. But, it isn't as straight forward as just adding $600 to a book with his signature. Signed books are more challenging since their numbers are low and our end goal of creating trackable candle graphs for comics. iIt will be hard since there isn't enough buy and sale records to establish a pattern with signature books.. So there has to be a type of formula, depending on the person who signed it, how many books they sign, and the book they sign (haha plus if it's a remarque.) I already have a massive excel doc tracking everything as I work on testing my formulas. Build during the bear market and prosper during the bull market is my attitude. Cross our fingers, crypto might be out of its bear market, only a couple more months of watching the candle patterns and we will see. 

[Nick Furious]

On 10/27/2023 at 8:16 PM, Antillia Island said:

@shadrochshadroch

Because it's the only real method to make them into non-fungiable tokens. With them "lose" non-slabbed, we can't verfiy condition or acountablity to establish an exchanable token. From what I can tell all their reading material are easily found online and downloadable. It's the token, physical assist exchange, and holding (vault) that needs work, and we are working on.

Right now collectibles are exchanged like stocks in the 1920s, when the stupid paper (stock certificate) had to be mailed back and fourth. I have a feeling that will change. 

I think it's worth exploring.  The authenticating and slabbing part already happened, and it's undeniable that this was a major catalyst in the comic collecting industry and added significant value to the comic book market.  It sounds like you believe that a long-term storage opportunity such as the Ebay Vault will be another major catalyst that adds significant value to the market?  The idea being that the asset could change hands without having to change location and without the new owner needing to take physical possession of it?  I could see where this might be somewhat intriguing to international buyers in particular.  But in general, I have a hard time buying into the idea that the shipping and taking physical possession is restricting the value of collectible comic books in any meaningful way.  I believe the Ebay Vault was a response to a significant rise in prices for trading cards, not the cause of the price rise.  I think the Vault is of more value to Ebay than to the industry as a whole.  It's more a way for Ebay to maintain market share by keeping the asset on their platform and restricting it from going onto other selling platforms while in the Vault.      

[shadroch]

If you folks think that people will pay to own a slice of a random 1950s comic that's kept in a vault, go for it. I hope you prove me wrong.  The rising tide will raise all the boats.

Edited October 28, 2023 by shadroch

[Nick Furious]

On 10/28/2023 at 11:33 AM, shadroch said:

If you folks think that people will pay to own a slice of a random 1950s comic that's kept in a vault, go for it. I hope you prove me wrong.  The rising tide will raise all the boats.

Are you thinking of fractional ownership?  I don't think that was previously a part of the conversation.  

[shadroch]

I'm just trying to determine the market for random 50s books kept in a vault. The OP was offered a couple hundred books that he is paying a few dollars for.  I don't see how slabbing them and putting them in a third party vault will make them more valuable.  Who is going to buy them?  

[KCOComics]

On 10/28/2023 at 3:44 AM, Antillia Island said:

I know, I can create digital tokens for anything, and they don't have to be graded. (ha you gave me a wonderful idea, I was discussing with my friend this morning ... but that is a different subject, not a all comic related) I just think graded books are more proper since the digital token would have to relay on objective grading when it isn't slabbed. 

eBay has already started giving digital tokens for graded cards in their vault. I haven't played with it but do hope they are using blockchain technology so someone can't hack ownership. I'm pretty sure they are, but they are using the same NFT concepts under the hood and just painting it in a way that doesn't trigger old collectors. Just a matter of time before they start a comic vault. 

I'm more interested in the formulas for signed comics, since we know a $2 book signed by Stan Lee can value at over $600. But, it isn't as straight forward as just adding $600 to a book with his signature. Signed books are more challenging since their numbers are low and our end goal of creating trackable candle graphs for comics. iIt will be hard since there isn't enough buy and sale records to establish a pattern with signature books.. So there has to be a type of formula, depending on the person who signed it, how many books they sign, and the book they sign (haha plus if it's a remarque.) I already have a massive excel doc tracking everything as I work on testing my formulas. Build during the bear market and prosper during the bull market is my attitude. Cross our fingers, crypto might be out of its bear market, only a couple more months of watching the candle patterns and we will see. 

Not sure if it's illustrative or not,  but I can't imagine a Stan Signature adds anywhere near an increase of $600 in value on a $2 book. I would assume if makes a $2 worth about $50 if it's stabbed.  

Stan signed everything.  Thousands of new signatures most weekends for years and years. 

A lot of collectors prefer books unsigned.  

[Antillia Island]

On 10/29/2023 at 4:45 AM, shadroch said:

Who is going to buy them?  

Haha the world.

Where I live in Asia these books are cheep.  I mean when I show people, they can't believe I can get them under $100, they always say why do they so cheep in US, I shrug my shoulders. Ha I've already thought about selling people a token to books I own, but I just want to collect, and don't need more projects. Shipping sucks, like my mother is cooked, and has expressed more and more frustration with the stacks filling her house.

For example,  I would love to click every Wolverine to buy the whole run, it drop into my wallet and I sleep cozy.

Maybe tomorrow I wake up and sale it. IDK but that is the freedom of NFT collecting, part of the fun of collecting is also "trading" so it isn't practical to ship a book back and forth. Decentralized comic pricing, non-fungiable tokens, and comic vaults are the future in my opinion. Slabbing is part of that future, so yes I have already started a steady goal of 10 books a month going to the CGC. Call it silly but that is how I want to collect. 

[Antillia Island]

On 10/29/2023 at 10:32 AM, KCOComics said:

Not sure if it's illustrative or not,  but I can't imagine a Stan Signature adds anywhere near an increase of $600 in value on a $2 book. I would assume if makes a $2 worth about $50 if it's stabbed.  

Stan signed everything.  Thousands of new signatures most weekends for years and years. 

A lot of collectors prefer books unsigned.  

Haha,

I will throw it out there, if anyone has a Stan Lee signature (CGC SS) on any book. I will give $300 for it.

Everyone knows Stan Lee, there might be a lot of supply but demand is just as high. Stan Lee starts at $600 (even that is hard to find) on any book, like Elizabeth Olsen starts at $400 on any book.

Yes there is plenty of collectors that prefer books unsigned. But there are a lot of non comic collectors that will think a Stan Lee signature or Elizabeth Olson signature is cool.

Drop a modern $2 trade copy Scarlet Witch signed by Elizabeth Olson in front of almost anybody on the planet and they will immediately know there is value in the book, might not know how much but will know it is worth something. Drop a perfect CGC 9.8 Wolverine #1 (1982) and you would need at least 3 min to explain why the book has the same value. Most people will just go "oh ok, I guess Wolverine is cool, but same price ... give me the Elizabeth Olson signed book" 

In short even non-collector will automatically know a CGC SS book is "different." So people can collect unsigned but I will collect CGC SS books.   

[shadroch]

 Why not put an offer in the WTB section. Offer $300 a pop for any Lee book, and see how many you get.  Just think before you commit, we take reneging very seriously here. Don't say you'll buy a book and not follow through.

There is a secret market called eBay where people sell things.  On any given day, there are a few dozen books you could buy for under $200.

Edited October 29, 2023 by shadroch

[KCOComics]

On 10/29/2023 at 10:44 AM, Antillia Island said:

Haha,

I will throw it out there, if anyone has a Stan Lee signature (CGC SS) on any book. I will give $300 for it.

Everyone knows Stan Lee, there might be a lot of supply but demand is just as high. Stan Lee starts at $600 (even that is hard to find) on any book, like Elizabeth Olsen starts at $400 on any book.

Yes there is plenty of collectors that prefer books unsigned. But there are a lot of non comic collectors that will think a Stan Lee signature or Elizabeth Olson signature is cool.

Drop a modern $2 trade copy Scarlet Witch signed by Elizabeth Olson in front of almost anybody on the planet and they will immediately know there is value in the book, might not know how much but will know it is worth something. Drop a perfect CGC 9.8 Wolverine #1 (1982) and you would need at least 3 min to explain why the book has the same value. Most people will just go "oh ok, I guess Wolverine is cool, but same price ... give me the Elizabeth Olson signed book" 

In short even non-collector will automatically know a CGC SS book is "different." So people can collect unsigned but I will collect CGC SS books.   

I had to look up who Elizabeth Olson was. I think I represent a totally different end of the comic collecting spectrum lol. 

I do own 2 Stan Lee signatures on books I thought were synomonis with him. One was a Stan Lee "file copy" (which i know folks around here like to dispute).  The othwer is on what is widely regarded as his first work in comics. 

For me personally had to choose between two copies of a big SA key,  that are entirely equal, aside from one having a yellow label and "Stan Lee" scribbled on it with a sharpie, I would pay considerably more for the blue label. I imagine I'm in the minority. 

 

[Nick Furious]

On 10/29/2023 at 7:44 AM, Antillia Island said:

For example,  I would love to click every Wolverine to buy the whole run, it drop into my wallet and I sleep cozy.

Maybe tomorrow I wake up and sale it.

Have you done much selling yet?  I understand you are somewhat new to collectible comic books.  One of the early lessons that people tend to learn is that buying at fair market value is much easier than selling at fair market value.  

On 10/29/2023 at 7:44 AM, Antillia Island said:

Where I live in Asia these books are cheep.  I mean when I show people, they can't believe I can get them under $100, they always say why do they so cheep in US, I shrug my shoulders.

Are these folks who are professionals in the comic book market in Asia?  If they are not already aware of international prices, I wouldn't put much value on their opinions.