tth2

Eh, a private deal made by Comiclink. Who knows if there was trade involved and what it really changed hands for? Doesn't matter, as that was the publicly announced price and as such, it makes for a terrible narrative for the market.

$84k

Holy cow. some dudes have taken a serious haircut. But they pale in comparison to whoever flipped the 9.8 TOS 39 in this auction. A $1.2m loss!

What about the fact that the multiple between a 3.0 and 9.2 Cap 1 is now less than 5X? The 9.2 Cap 1 went for $750k while the 3.0 Cap 1 went for $156k. As you rightly point out, Cap 1s are (along with Bat 1) the most commonly available GA mega-keys, so it's surprising to me that the price differential is so small. Did the 9.2 Cap 1 go for too little, the 3.0 Cap 1 for too much, or both, or do people think they both went for about the right price?

Well, he has the bragging rights for the amazing loss, so not entirely down the drain. "Hey baby, I'm so rich I could (and did) set $1.2m on fire!"

Never mind the gap between Cap 1 and Bat 1, what about the gap between Cap 1s? The multiple of a 9.2 Cap 1 ($750k) over a 3.0 Cap 1 ($156k) is less than 5X? Wow!!! Particularly considering that Cap 1s are (along with Bat 1) the most common GA mega-key, so it's not like Cap 1s in low grade are that rare.

I wish people would stop comparing pricing today to pandemic pricing. There were a lot of irrational decisions being made during the pandemic, pricing being only one of them. I paid $5K OVER msrp for my car during the pandemic. People locked themselves away from loved ones. People moved away from jobs and are now in a position where they either need to move again or not work. It was silly times and not remotely indicative of real life. Nonetheless, the prices were paid and are a matter of public record, thus are going to be the benchmark regardless of how irrational they might've been. They can act as a mythical benchmark for prices to strive towards over the next couple of decades, just like how the Dotcom Bubble peak prices of many tech stocks set a benchmark for many years (and some have still never returned to those levels).

Good luck with the grades! Let us know the results!

Post Your Promise Collection Wins! Just look for the most recent summary of resales of Promise books by Master_Chief near the end of the thread.

"Guess what! I've got a fever, and the only prescription is more Garfield!"

Agreed. Your chances of finding book collectors would probably be better in the Golden Age and Pulp forums, in particular.

What kind of books are they? Heritage seems to be pretty strong in sci-fi/fantasy books, but I don't know how strong they're considered in other genres.

I retired and wanted to get out of HK (can't talk too much about it because of the Board's policies on politics), my wife is Japanese and we already owned a home here.

I'm in Japan now, which is 13 hours ahead of US east coast time, which makes staying up even harder. I don't even try to stay up and bid during the floor auctions, I just put in my best shot during online bidding and then go to sleep (which is probably why I've barely won anything the last few years). Actually, the bidding will probably go so long now that I might be able to catch the back half of the floor auctions when I wake up!

I don't think they'll forget about the auctions per se, but those sessions are going to be such marathons that people targeting items that'll come up in the back half of a session might have gotten distracted, fallen asleep or lost the will to live, or all of the above, by the time that their lot comes up.

I'll take the over.

How about marvel chipping? Prices much stronger on non MC copies. The number on the label cannot hide that marvel chipping I don't follow transactions in lower grade books, so MC isn't too relevant to the books I track. But if the market is indeed penalizing books with MC that are getting higher grades from CGC than are warranted, then that's good to hear.

1. These Boards represent only a small minority of the market, and based on transactions in the market, I think it's very clear that people are buying the label and not the comic. 2. Based on many of the miswrapped/mis-cut monstrosities proudly posted on these Boards, I'd say that the "buy the comic not the label" group is also only a small minority of the folks on these Boards.

Wasn't the greatest comic book collection ever stored in a basement for decades? In any event, while I normally wouldn't advocate storing valuable stuff in a basement, we're only talking a couple of months here.

It's not pre-1970, but I knew the number of high grade copies in the Census was immense. It wouldn't surprise me if it is by far the most common 5-figure comic. I could've also picked any of the 1968 #1s (Cap 100, Iron Man 1, Hulk 102, Sub-Mariner 1), or really many post-1964 Marvel SA books. The point being that I believe the SA Marvel market is both deep and fungible. As I often like to say, the only thing stopping anyone from putting together a 9.4 SA ASM run within a couple of weeks is whether they can write the check.

Anyone know what the asking price was?

When people will still be arguing about it.

The collection had stagnated as very few new books were coming to market, and I was getting blown out of the water on those few that did come to market. Also, I was becoming disenchanted with CGC because of pressing and wasn't happy at the prospect of my books becoming middle of the road copies, so I decided that rather than fighting the market, I would sell into it. For the Flashes, that turned out to be a good decision because the prices realized remained the high water mark for a long time, even though as expected the Census ended up getting seriously diluted. For example, the Western Penn Flash 129 in 9.4 is now one of many 9.4 copies and below many 9.6 and 9.8 copies that have subsequently been slabbed by CGC.

Definitely don't store them somewhere in the house while it's being renovated. Why can't you store them wherever you're staying while you're waiting for the renovations to be finished? Or maybe in a friend's basement? There've been so many horror stories about theft from self-storage places that I'd be concerned about using off-site storage.

I am really enjoying this trip down memory lane to the 20th century, except this time it's to the 1950s!