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Amazing Spider-Man Collecting Thread!
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Started by Point Five,

14,461 posts in this topic

Jordysnordy

Jordysnordy

Posted
Posted
On 8/24/2021 at 10:17 PM, Dark Knight said:

It's the CVA sticker.. Someone paid that much for it.  End of story

At that hammer price the sticker doesn't mean much - the buyer obviously wanted it. Did he/she overpay? Maybe but as I said before of all 800+ ASM issues, 11 has by far the lowest amount of CGC copies in 9.0+ and for an ASM completionist it's grail book in 9.0+ and I know as I have been trying to upgrade also. Obviously the buyer could afford it and wanted it. I know I have set a few GPA highs on keeper books and I never looked back and regretted it. How many other books have set crazy new GPA highs in the last 6-8 months that now look cheap compared to a year ago.

 

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Dark Knight

Dark Knight

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Posted
On 8/24/2021 at 7:44 PM, Jordysnordy said:

At that hammer price the sticker doesn't mean much - the buyer obviously wanted it. Did he/she overpay? Maybe but as I said before of all 800+ ASM issues, 11 has by far the lowest amount of CGC copies in 9.0+ and for an ASM completionist it's grail book in 9.0+ and I know as I have been trying to upgrade also. Obviously the buyer could afford it and wanted it. I know I have set a few GPA highs on keeper books and I never looked back and regretted it. How many other books have set crazy new GPA highs in the last 6-8 months that now look cheap compared to a year ago.

 

Yeah, I know.. I was just messing with the whole sticker thing.  I do understand that #11 is very rare in grades 9.0 and higher and sure the  9.0 price paid can be justified.  It definitely set a new record price I believe and seeing how it beat out ASM #2 CGC 9.0, ASM #3 "9.2," and ASM #4 CGC 9.4 was definitely eye popping.  A completist will surely try to win practically by any means to obtain the desired grade that fits their collection.  I believe this was the case here with at least two of them.  

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Jordysnordy

Jordysnordy

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On 8/24/2021 at 11:14 PM, Dark Knight said:

Yeah, I know.. I was just messing with the whole sticker thing.  I do understand that #11 is very rare in grades 9.0 and higher and sure the  9.0 price paid can be justified.  It definitely set a new record price I believe and seeing how it beat out ASM #2 CGC 9.0, ASM #3 "9.2," and ASM #4 CGC 9.4 was definitely eye popping.  A completist will surely try to win practically by any means to obtain the desired grade that fits their collection.  I believe this was the case here with at least two of them.  

For sure. I can only imagine what the 9.6 on HA will end at!

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Pantodude

Pantodude

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Posted (edited)
On 8/24/2021 at 11:16 PM, Jordysnordy said:

For sure. I can only imagine what the 9.6 on HA will end at!

But if Dark Knight is correct about a couple folks bent on 9.0 ASM#11 (ie, a 9.2 at any price would not have cut it, even a bargain), and in light of the “normal” $3250 the 8.0 went for days ago, shouldn’t we expect the 9.6 to go for a “normal” new high (even if the early Spidey market is trending up)?    I ask this b/c, again, I know of no reason why ASM#11 in 9.0 received such a bump NOW (in Aug 2021), particularly absent ASM#3 receiving a bump of similar magnitude.   (shrug)   In other words, why does any one feel the $36K for a 9.0 ASM#11 could have been justified on August 1st  (to avoid the wrinkle that it happened last night, of course!)?  I don’t care either way—I just want to understand what happened.  

Edited by Pantodude
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DST

DST

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On 8/25/2021 at 9:07 AM, Pantodude said:

But if Dark Knight is correct about a couple folks bent on 9.0 ASM#11 (ie, a 9.2 at any price would not have cut it, even a bargain), and in light of the “normal” $3250 the 8.0 went for days ago, shouldn’t we expect the 9.6 to go for a “normal” new high (even if the early Spidey market is trending up)?    I ask this b/c, again, I know of no reason why ASM#11 in 9.0 received such a bump NOW (in Aug 2021), particularly absent ASM#3 receiving a bump of similar magnitude.   (shrug)   In other words, why does any one feel the $36K for a 9.0 ASM#11 could have been justified on August 1st  (to avoid the wrinkle that it happened last night, of course!)?  I don’t care either way—I just want to understand what happened.  

Seems to me you're not going to accept any explanation as to why this happened.  Two well respected boardies offered their thoughts and opinions, and yet you still continue to ask as if the question was skirted somehow.  So I'll just reiterate, that ASM #11 has the lowest number of 9.0 copies on the census (reason 1), and that this book being grade 9.0 (a minimum cutoff for high grade completionists - reason 2) finally came available so a bidding war ensued for those looking to finally obtain this book in the minimum grade they've been seeking for so long.  I don't think this sale has anything to do with ASM#3, but it has everything to do with this particular book itself.  If you're looking for some definitive correlation I don't think you're going to find one.

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Pantodude

Pantodude

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On 8/25/2021 at 10:52 AM, DST said:

Seems to me you're not going to accept any explanation as to why this happened.  Two well respected boardies offered their thoughts and opinions, and yet you still continue to ask as if the question was skirted somehow.  So I'll just reiterate, that ASM #11 has the lowest number of 9.0 copies on the census (reason 1), and that this book being grade 9.0 (a minimum cutoff for high grade completionists - reason 2) finally came available so a bidding war ensued for those looking to finally obtain this book in the minimum grade they've been seeking for so long.  I don't think this sale has anything to do with ASM#3, but it has everything to do with this particular book itself.  If you're looking for some definitive correlation I don't think you're going to find one.

You missed my point.  As for your "reason 1," to the extent that ASM#1 in 9.0 is a min cutoff for high-grade completionists, hasn't it always been so?  Certainly the relative scarcity in grade has been known forever.  So my question is why NOW?  What has happened as of August 1st to change a 9.0 recently being valued about 2x 8.0 value to being valued more than 10x 8.0 value?   Your "reason 1" above does not answer that--it begs the question, actually.  And your "reason 2", should also have been applicable forever as a sympton of "reason 1."  Are you saying that on August 1st, you expected a 9.0 ASM#11 to go for $36.5K?  Honestly?   A 9.0 sold for only $4080 in Feb 2019, when an 8.0 sold in March 2019 for $1,950.  The fact that a 9.6 (!) sold for only $15.5K in Feb 2018 also begs the question, despite being 3.5 years ago.   

At the end of the day, if folks have no other explanation for what happened, then fine.  I was hoping for something, anything, more concrete and tied to the suddenness/magnitude of the bump in 9.0 valuation, like Brant-related spec specific to the issue.  The lack of transparency irked me a bit.    

Edited by Pantodude
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DST

DST

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On 8/25/2021 at 11:26 AM, Pantodude said:

You missed my point.  As for your "reason 1," to the extent that ASM#1 in 9.0 is a min cutoff for high-grade completionists, hasn't it always been so?  Certainly the relative scarcity in grade has been known forever.  So My question is why NOW?  What has happened as of August 1st to change a 9.0 being valued about 2x 8.0 value to being valued more than 10x 8.0 value?   Your "reason 1" above does not answer that--it begs the question, actually.  And your "reason 2", should also have been applicable forever as a sympton of "reason 1."  Are you saying that on August 1st, you expected a 9.0 ASM#11 to go for $36.5K?  Honestly?   A 9.0 sold for only $4080 in Feb 2019, when an 8.0 sold in March 2019 for $1,950.  The fact that a 9.6 (!) sold for only $15.5K in Feb 2018 also begs the question, despite being 3.5 years ago.   

At the end of the day, if folks have no other explanation for what happened, then fine.  I was hoping for something, anything, more concrete and tied to the suddenness/magnitude of the bump in 9.0 valuation, like Brant-related spec specific to the issue.  The lack of transparency irked me a bit.    

I didn't miss your point.  I just think you're trying to draw blood from a stone with your persistence. You can ask this question about countless books that surged since March without any rhyme or reason.  But I'm sure your answer will just be something related to the market in general that helps you sleep at night if these types of questions like "why now" haunt you.  I was just trying to move the conversation along, but obviously my approach of sometimes the simplest answer is the correct one doesn't sit with you.  Do me a favor and don't reply to this because I have no interest in reading it or engaging with you.  The way I see you interact with boardies comes across more troll-like and provocative than inquisitive. 

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Jordysnordy

Jordysnordy

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Posted
On 8/25/2021 at 11:26 AM, Pantodude said:

You missed my point.  As for your "reason 1," to the extent that ASM#1 in 9.0 is a min cutoff for high-grade completionists, hasn't it always been so?  Certainly the relative scarcity in grade has been known forever.  So my question is why NOW?  What has happened as of August 1st to change a 9.0 recently being valued about 2x 8.0 value to being valued more than 10x 8.0 value?   Your "reason 1" above does not answer that--it begs the question, actually.  And your "reason 2", should also have been applicable forever as a sympton of "reason 1."  Are you saying that on August 1st, you expected a 9.0 ASM#11 to go for $36.5K?  Honestly?   A 9.0 sold for only $4080 in Feb 2019, when an 8.0 sold in March 2019 for $1,950.  The fact that a 9.6 (!) sold for only $15.5K in Feb 2018 also begs the question, despite being 3.5 years ago.   

At the end of the day, if folks have no other explanation for what happened, then fine.  I was hoping for something, anything, more concrete and tied to the suddenness/magnitude of the bump in 9.0 valuation, like Brant-related spec specific to the issue.  The lack of transparency irked me a bit.    

There was a 9.2 that sold in Feb 2020 for $23161.00 so if you look at the market since then this price does make sense relative to what is going on with all high grade, rare key books. I finished 2nd in bidding on the 9.2 and was disappointed I didn't win it and I did think my bid would win it. The buyer has some very big b*lls and huge congratulations for getting such a tough book in grade. I will have to be happy with my 8.0 as finding a 9.0 or 9.2 is looking near impossible.

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