Price Guides (part 4 of 3)

Every year I buy the newest price guide by CBG, I still need to pick up the 2011 guide. I could pay the monthly fee to join GPAnalysis but am yet unwilling to pay such an annual fee (12months X $10.00 = $120.00/or two 9.8 graded comic books) that is until I can afford it. At the moment I will continue to use the annual guide, e-bay, and other internet auction sites and use my guilt by association philosophy.

What is guilt by association? Admit it you were thinking of asking. I figure if another book sells for an amount then all other books equal to that book are also worth the same amount. For instance, when my ASM #129 was graded 9.2 with White pages I wanted to know how much it was worth. I saw various copies sell between $500 and $750. Seeing this; I thought it was a safe assumption my book was worth $625. I could also multiply using CBG?s guide except it doesn?t work. My New Mutants in a 9.8 are an average of $55 a piece (my purchase price) which is much higher than using CBG?s method.

Anyway my 9.2 was changed to a 9.4 (I don?t know how) when I sent it to CGC to get Stan Lee?s Signature. So how do I get what it is worth now? CBG does now have a sliding scale for this, so I hoped to find one being sold or sold. Imagine my surprise when I saw a copy in the same condition signed by Stan ?The Man? Lee for $2500. I could only be happier if it actually sold (of course the person selling it would probably be happier than me), and you have my theory of guilt by association.

At the time I bought my New Mutants #1 in a 9.9 there was nothing to compare it to. I had a price in my head and would not go over. I spent $100 less than the amount I set aside. Soon after two more sold for even less than what I spent. So what is my book worth now? Is it worth what I spent? Is it worth less? Maybe somewhere in the middle? How can you get a price when there are no records? The final result comes down to two things, how much are they willing to sell it for and how much are you willing to pay?

Thanks for Reading

Tnerb

Ps. When I wrote and posted Price Guides Part one I was contacted by nicholasvu and we exchanged a few messages. In these messaged he was very helpful and agreed that the books we buy are only worth what we are willing to buy them for, and other followed after with the same opinion. Thank you to everyone who wrote me on this topic.