Lethal_Collector Posted November 1, 2016 Share Posted November 1, 2016 Oh snap, that'll fetch some coin too. Jerome Link to comment Share on other sites More sharing options...
the blob Posted November 1, 2016 Share Posted November 1, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! Link to comment Share on other sites More sharing options...
Santos208 Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. Link to comment Share on other sites More sharing options...
Lethal_Collector Posted November 2, 2016 Share Posted November 2, 2016 The case on my copy is scuffed up I guess I should get her put in the new case Jerome Link to comment Share on other sites More sharing options...
cmzare Posted November 2, 2016 Share Posted November 2, 2016 I've been waiting for a 9.8 for awhile ... hrmmmmmmmmmmmmm Link to comment Share on other sites More sharing options...
Lethal_Collector Posted November 2, 2016 Share Posted November 2, 2016 Be ready to wait a very long while again if you miss it! Jerome Link to comment Share on other sites More sharing options...
Holden Caulfield Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. True, assuming an APR of 9% Link to comment Share on other sites More sharing options...
jreezy Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! Exactly. I think some people here just like to hate on modern books. I collect books of all ages BTW. Going on 13 years and the book has sustained and has gone beyond the $500 mark. Link to comment Share on other sites More sharing options...
jreezy Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. True, assuming an APR of 9% Inflation rate of 9%? What country do you guys live in? Link to comment Share on other sites More sharing options...
Lethal_Collector Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. True, assuming an APR of 9% Inflation rate of 9%? What country do you guys live in? Jerome Link to comment Share on other sites More sharing options...
ygogolak Posted November 2, 2016 Share Posted November 2, 2016 APR = inflation? Okie dokie APR of 9% is pretty close though actually. Comes out to about 8.5%. Link to comment Share on other sites More sharing options...
aerischan Posted November 2, 2016 Share Posted November 2, 2016 Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. Only for health care. Otherwise, based on CPI, $500 in 2003 is around $656 today so this has actually appreciated quite a bit. Link to comment Share on other sites More sharing options...
Jaydogrules Posted November 2, 2016 Share Posted November 2, 2016 It will probably close at around $4500. What's that % mark-up over $500 from 14 years ago? -J. Link to comment Share on other sites More sharing options...
Holden Caulfield Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. True, assuming an APR of 9% Inflation rate of 9%? What country do you guys live in? Jerome Inflation rate was never stated. I merely wrote down rate of return required to gain equivalent $$. If you want to know inflation equivalent (2003) $500 in 2016, that number is $656.05 Link to comment Share on other sites More sharing options...
jreezy Posted November 2, 2016 Share Posted November 2, 2016 So you meant ROI Link to comment Share on other sites More sharing options...
the blob Posted November 2, 2016 Share Posted November 2, 2016 This should be interesting ... http://www.ebay.com/itm/BATMAN-608-RRP-CGC-9-8-VARIANT-COVER-DEC-2002-LEE-ULTRA-RARE-NO-RESERVE-/282238710544?hash=item41b6bcf310:g:BYkAAOSw5cNYFU~- Don't see these auctioned off very often. Wonder if the seller will actually allow this one to play out. -J. Hah, and a mere 13 years ago people were scoffing at this selling for $500! $500 13 years ago probably equals $1500 today? Wild guess of course. No. About $660 in today's dollars according to an inflation calculator. If you believe the official rate of inflation has been misstated and it is actually higher, let's say $800. Surprised gas was only $1.60 a gallon in 2003. I would have figured it had ballooned by then, but it was just starting to creep up. Link to comment Share on other sites More sharing options...
Lethal_Collector Posted November 2, 2016 Share Posted November 2, 2016 (edited) It will probably close at around $4500. What's that % mark-up over $500 from 14 years ago? -J. 4,500/500 = 9 (900% markup) and thats why someone thought it was 9% APR. But that's not correct. Inflation rate has been closer to 2% each year between 2003 and 2016: http://www.in2013dollars.com/2003-dollars-in-2016?amount=500 2003 - $500 2004 - $500 + 2% inflation = $510 2005 - $525 + 2% inflation = $520.2 2006 - $520.2 + 2% inflation = $530.6 2007 - $630.6 + 2% inflation = $541.22 2008 - $541.22 + 2% inflation = $552.04 2009 - $552.04 + 2% inflation = $563.08 2010 - $563.05 + 2% inflation = $574.34 2011 - $574.34 + 2% inflation = $585.83 2012 - $585.83 + 2% inflation = $597.55 2013 - $597.55 + 2% inflation = $609.49 2014 - $609.49 + 2% inflation = $621.68 2015 - $621.68 + 2% inflation = $634.12 2016 - $634.12 + 2% inflation = $646.80 It's a little under the $660 amount because I rounded down to 2% even (not 2.02% and this is an average, in actuality it varied more). But you get the idea and depending on your source the inflation rate may vary a little. I think it will close just under $4K because of the copies that lasted for months on ebay, and those copies were kinda-sorta recently (6 months ago or less?). But time will tell for sure. So you meant ROI ROI typically means Return On Investment: 2003 - Bought Bats 608 9.8 for $500 2016 - Sell for $4,000 ROI - $4,000 - $500 = $3,500, which gives us 900% ROI If you wanted to know what the ROI is accounting for inflation, then you'd get $4,542. But that muddies the water a bit, not necessarily useful in our industry since we always look at todays value for our books. Jerome Edited November 2, 2016 by Lethal_Collector Link to comment Share on other sites More sharing options...
Jaydogrules Posted November 2, 2016 Share Posted November 2, 2016 It will probably close at around $4500. What's that % mark-up over $500 from 14 years ago? -J. 4,500/500 = 9 (900% markup) and thats why someone thought it was 9% APR. But that's not correct. Inflation rate has been closer to 2% each year between 2003 and 2016: http://www.in2013dollars.com/2003-dollars-in-2016?amount=500 2003 - $500 2004 - $500 + 2% inflation = $510 2005 - $525 + 2% inflation = $520.2 2006 - $520.2 + 2% inflation = $530.6 2007 - $630.6 + 2% inflation = $541.22 2008 - $541.22 + 2% inflation = $552.04 2009 - $552.04 + 2% inflation = $563.08 2010 - $563.05 + 2% inflation = $574.34 2011 - $574.34 + 2% inflation = $585.83 2012 - $585.83 + 2% inflation = $597.55 2013 - $597.55 + 2% inflation = $609.49 2014 - $609.49 + 2% inflation = $621.68 2015 - $621.68 + 2% inflation = $634.12 2016 - $634.12 + 2% inflation = $646.80 It's a little under the $660 amount because I rounded down to 2% even (not 2.02% and this is an average, in actuality it varied more). But you get the idea and depending on your source the inflation rate may vary a little. I think it will close just under $4K because of the copies that lasted for months on ebay, and those copies were kinda-sorta recently (6 months ago or less?). But time will tell for sure. So you meant ROI ROI Is Return On Investment: 2003 - Bought Bats 608 9.8 for $500 2016 - Sell for $4,000 ROI - $4,000 - $500 = $3,500, which gives us 900% ROI If you wanted to know what the ROI is accounting for inflation, then you'd get $4,542. But that muddies the water a bit, not necessarily useful in our industry since we always look at todays value for our books. Jerome That's my prediction on the hammer, give or take. Lots of demand for this book, especially in a 9.8. Six months is an eternity when a book heats up, and it was already trending up before that.. Last 9.8 copy was at over $3500 before the seller ended the auction early (stupidly). Only a couple 9.8's offered a year. Who knows when the next will be. It is easily and hands down the most desired modern age Batman variant. Competition for it will be intense. -J. Link to comment Share on other sites More sharing options...
valiantman Posted November 2, 2016 Share Posted November 2, 2016 ROI typically means Return On Investment: 2003 - Bought Bats 608 9.8 for $500 2016 - Sell for $4,000 ROI - $4,000 - $500 = $3,500, which gives us 900% ROI Isn't that 700%? Considering you get the original $500 back on the sale, the return is 800%. The net profit is 700%. I don't see any numbers that would be 900%. Investing $500 for 14 years and returning $4000 is an annual return of 15% (compounded). Link to comment Share on other sites More sharing options...
the blob Posted November 2, 2016 Share Posted November 2, 2016 ROI typically means Return On Investment: 2003 - Bought Bats 608 9.8 for $500 2016 - Sell for $4,000 ROI - $4,000 - $500 = $3,500, which gives us 900% ROI Isn't that 700%? Considering you get the original $500 back on the sale, the return is 800%. The net profit is 700%. I don't see any numbers that would be 900%. Investing $500 for 14 years and returning $4000 is an annual return of 15% (compounded). Bernie Madoff couldn't beat those returns! (I think it's more like 13 years as the "oh my gosh it's $500" was in 2003, but maybe it was already in 2002, I dunno) Link to comment Share on other sites More sharing options...
