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Pedigree Comics Purchases Major CGC-certified, Early–Silver Age Marvel Collection for $600,000




Posted on 8/6/2013

Pedigree Comics CEO and President Doug Schmell has just acquired a major early–Silver Age Marvel collection. The books will be available for bidding and purchase in the company’s upcoming August Grand Auction.

























Scheduled to begin in less than three (3) weeks on the night of Sunday, Aug. 25 and last for ten (10) days until the night of Wednesday, Sept. 4, the auction will have a few hundred choice, high-grade, CGC-certified Marvels and DCs from the Silver and Bronze Ages, as well as other genres and publishers. The sooner you consign your books, the more exposure and press they will receive. Pedigree aggressively promotes and advertises each Grand Auction on many online sites and trade publications. They also send periodic newsletters to all of their 19,000+ customers, announcing the individual auction items. There is no Buyer's Premium on any of the lots in the auction, and almost every item will have no reserve. Every book is CGC-graded, and the minimum bid is only $100.

According to Mr. Schmell, “The early Silver Age Marvel books come from the private collection of Cole Schave, a noted collector out of Green Bay, Wisc. As many dealers know, Mr. Schave is a very picky, high-grade CGC buyer who does not buy a book solely for the grade on the label. He focuses on superior page quality, registration and eye appeal, and would routinely pass on many books he needed for his collection if they did not meet his strict criteria. Therefore, all the books in his collection have superior page quality (white or off-white to white, with only a couple with off-white), structure, centering and presentation, with no date stamps, writings, etc.

“The collection consists of 68 early–Silver Age Marvels, plus six later Silver Age / Bronze Age keys. Almost every book in the collection is CGC graded 9.4 or higher, with only a few in 9.2 and three in 9.0. Many of the books are in 9.6 and 9.8 condition and represent the highest-certified copy. The most popular Silver Age Marvel titles are represented (Amazing Spider-Man, Avengers, Fantastic Four, Journey Into Mystery and Tales of Suspense) with near-complete runs of the early issues. Here are just some of the highlights from the collection:

Amazing Spider-Man #3 CGC 9.2
Amazing Spider-Man #5 CGC 9.6
Amazing Spider-Man #6 CGC 9.4
Amazing Spider-Man #10 CGC 9.6
Amazing Spider-Man #14 CGC 9.6
Amazing Spider-Man #16 CGC 9.6
Amazing Spider-Man #28 CGC 9.4
Amazing Spider-Man Annual #1 CGC 9.6
Avengers #1 CGC 9.2
Avengers #2 CGC 9.4
Avengers #3 CGC 9.4
Avengers #4 CGC 9.4
Avengers #7 CGC 9.4 (Twin Cities)
Avengers #9 CGC 9.4
Fantastic Four #5 CGC 9.2
Fantastic Four #6 CGC 9.4
Fantastic Four #12 CGC 9.4
Incredible Hulk #2 CGC 9.6 (White Mountain)
Journey Into Mystery #83 CGC 9.0
Journey Into Mystery #84 CGC 9.4
Journey Into Mystery #85 CGC 9.6
Journey Into Mystery #86 CGC 9.6
Journey Into Mystery #87 CGC 9.4
Journey Into Mystery #88 CGC 9.6 (Northland)
Journey Into Mystery #89 CGC 9.6
Journey Into Mystery #90 CGC 9.6
Journey Into Mystery #96 CGC 9.6
Journey Into Mystery #103 CGC 9.8
Tales of Suspense #39 CGC 9.0
Tales of Suspense #40 CGC 9.4 (Pacific Coast)
Tales of Suspense #42 CGC 9.4
Tales of Suspense #43 CGC 9.4
Tales of Suspense #44 CGC 9.4
Tales of Suspense #46 CGC 9.4
Tales of Suspense #47 CGC 9.6
Tales of Suspense #48 CGC 9.4
Tales of Suspense #49 CGC 9.4
Tales of Suspense #50 CGC 9.8 (Pacific Coast)
Tales of Suspense #53 CGC 9.6
Tales of Suspense #55 CGC 9.4
Tales of Suspense #58 CGC 9.4
X-Men #1 CGC 9.0

Mr. Schmell further states, “Cole has been collecting high-grade, CGC-graded Marvels since 2007 and has put together an amazing collection, buying off dealers’ websites and going to the two comic conventions each year held in Chicago. He started buying books off my website in early 2010 and we developed a great relationship. He has continued buying books from me until the present time. He began consigning books to me in 2012 (starting with his impressive run of Amazing Spider-Man above #20) and I then purchased a few lesser runs of his, including his Daredevil 1–10 group late last year. I then bought his entire new X-Men run (X-Men #s 95–143) at the C2E2 show in April, when we finally had the opportunity to meet in person.

“He never wanted to sell his other runs until most recently, when he called me regarding his desire to downsize his collection to just ultra-high-grade Silver Age Marvel keys and thus was ready to part with his runs. He offered me the opportunity to buy any run I wanted to, but not individual issues as he did not want to break up the runs. After seeing his impressive list, I decided to buy the entire collection, including his favorite early run of Journey Into Mystery #s 84–90, which he did not offer initially. After back-and-forth negotiations for the past couple of days, a purchase price of $600,000 was agreed upon on Tuesday, July 30 for all 74 books.”

Pedigree is still accepting consignments for the Grand Auction and will continue to until midnight on Thursday, Aug. 29, so check the site and read the following for consignment instructions and get your books in now.

Mr. Schmell invites you to take advantage of Pedigree’s many outstanding services. Consignors maximize their profits selling in the Grand Auction, more so than on any other auction site or auction house. Pedigree does not charge a Buyer’s Premium, an amount that most bidders take into consideration when bidding on other sites. (The bidders simply deduct the Buyer's Premium amount, usually 20% of the winning price, from their final bid, meaning less $$ to the consignor and more to the auction site.) The higher the value of your book(s) that sell in a Grand Auction, the more $$ you take home under Pedigree Comics’ Climbing Scale as follows:

A Climbing Scale is in effect for consigned items with a winning bid as follows:

10% Commission for any consigned item that sells up to $10,000 (Consignor’s proceeds = $90% of the final bid price);

9% Commission for any consigned item that sells over $10,000 and up to $25,000 (Consignor’s proceeds = $91% of the final bid price);

8% Commission for any consigned item that sells over $25,000 and up to $50,000 (Consignor’s proceeds = $92% of the final bid price);

6% Commission for any consigned item that sells over $50,000 and up to $100,000 (Consignor’s proceeds = $94% of the final bid price);

5% Commission for any consigned item that sells over $100,000 (Consignor’s proceeds = $95% of the final bid price);

Pedigree Comics consistently sets new sales records for Golden Age, Silver Age and Bronze Age comic books and magazines in each of their bi-monthly auctions and they do not saturate the market with the same material each month. Grand Auctions are unique and exciting, with brand-new, CGC-certified and diversified, highest-quality material in each event. Why take home less $$ and settle for less by consigning with someone else?

There are three easy ways to consign your books to any of Pedigree’s upcoming Grand Auctions. The only criteria is that the books must be CGC-graded and worth no less than $100.00. If you have high-grade raw books that you want to have certified and sold in a Grand Auction, you can utilize Pedigree’s Raw To Riches Consignment Service, in which they will have your books certified under their account and will lay out all the CGC grading fees in advance for you (refer to the website and their Overstreet Comic Book Price Guide advertisement for all the details of the Raw to Riches Consignment Service). Here is how to consign:

1. Ship your books directly to their offices in Wellington, Fla. They will inventory, scan and upload each book into the August Grand Auction listing. The books will be listed under your personal account and you will receive email notification at the conclusion of the auction with a list of every consigned book that sold along with the winning bid made.

2. Email the scans of the books you wish to consign directly to them at DougSchmell@pedigreecomics.com. They will format and upload each scan onto their server and then put each book into the Grand Auction listing. Please use a .jpeg format with the resolution set at 72 and the pixel width at 550 for optimum clarity. If you do not have a scanner, you can use a digital camera.

3. You can upload your own scans, item information, book descriptions and reserve amounts, if any, by utilizing their Automated Consignment System. Just register onto the site (PedigreeComics.com) and login, click the “Customer Page” tab under “Your Account” and then click “Consignments” (under the “Auctions” heading). You will then be able to enter the Pedigree Comics Consignment Management System and list your own CGC-certified books and magazines. Pedigree will receive an email once you have uploaded the scan and book information for each individual item into the system and they will then review the information imparted for accuracy. The item(s) will then be added to the August Grand Auction listing to be bid on. You will be amazed how simple it is to use the Automated Consignment System.

If you have any questions or comments about the consignment process, any of the auction lots or about the Grand Auction in general, please contact Mr. Schmell at 561-422-1120 (office) or 561-596-9111 (cell) or at DougSchmell@pedigreecomics.com. For any financial related and consignment payment questions, please contact Pedigree CFO Lisa Shapiro at Lisa@pedigreecomics.com. For any technical-related questions or concerns, please contact their webmaster at WebDesigner@pedigreecomics.com.

This is a guest article. The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.




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