GM8

17 hours ago, pubmonkey said:

Another interesting increase is happening to #2 regarding signed copies. The universal label copies have been relatively stable over the past 12 months while the signed copies have seen a dramatic increase. In fact the increase started as far back as December 2019...

why is this?

1 hour ago, valiantman said:

I guess someone wanted to see their inspiration's signature on the TMNT parody. 

But everyone who's here already knows that, right? 

12 hours ago, LDarkseid1 said:

I don’t know you think it’s that bad? I didn’t think it was horrible tbh and kind of nice in that upper yellow corner. Does interact with Usagi a little, but only a little.

Yeah, not a fan. I'll never understand why someone who has a beautiful copy of a valuable comic wants the creator to write all over the cover in a sharpie or whatever. It defaces the book in my opinion, even if (insert deity of your choice) signed it. Just my opinion.

49 minutes ago, Wolverinex said:

Let's see what happens with Albedo 2

 

https://comics.ha.com/itm/modern-age-1980-present-/miscellaneous/albedo-2-signature-series-signed-and-sketch-by-stan-sakai-thoughts-and-images-1984-cgc-nm-mt-98-white-pages/a/7234-92095.s?type=lotlink--bidnotice-tracked-dailystatus&fbclid=IwAR08zRsxWR9mCtIBYy1mG0zjsD_SaLl0_qTQCeTwLKaVPat9GmssLsZUlgE

That sig though. Why?

3 hours ago, rckstr1253 said:

Was that a good buy , by the buyer or overpaid?  I wonder if this book will keep getting hot?

1350 for a 4.0

2 hours ago, lou_fine said:

I believe you missed his point with respect to it being a high dollar value comic book.  

Off the top of my head, the only book that comes to mind is Hulk 181 which numbers in a couple of thousand copies in CGC 9.0 or above.  

From a truly vintage collectible comic book point of view, having a few hundred copies of a high dollar value comic book already slabbed in high grade is indeed a "relatively huge" number of copies.  Especially when they tend to show up in the marketplace in numbers with relative ease, as compared to some of the truly rarer comic books which only shows up once every few years if you are lucky.  

That's the definite advantage with books like TMNT 1, Hulk 181, Spidey 300, etc. being readily available in the marketplace because you need this ongoing market action in order to drive the value of a book upwards.  On the other hand, extremely rare books definitely have this working against them as there are simply not enough copies showing up in the marketplace to drive any real type of market action.  

Oh I get the high-dollar part of it. It's all relative imho. Small # of buyers and all that. Yes. But TMNT I would argue has way more individual fans than most any of the individual superheroes save Batman and Spiderman. Hulk doesn't compare, nor Superman as of late. Even Wolverine doesn't have the same mass appeal outside of comic fandom. Just my opinion, who knows maybe I'm wrong.

2 hours ago, Charleybrown said:

Pop culture sensation doesnt mean the people buying neca figures right now are going to fork over 40-50k for a 9.6 TMNT 1. There's a very small pool of buyers at that level and for 40-50k theyre going to look at other books that have been proven over time. Id rather have a Fantastic Four 5 9.2 for 50k over a TMNT 1 9.6. TMNT 1 deserves a premium right now because its a hot book but this appears to be market manipulation hence the 79k fake sale on gpa. I spoke to someone else last night that has 6 copies ranging from 8.0 to 9.4. These are not strong hands holding these books except maybe the few people defending the book on here right now lol.

You've got great arguments for you to never buy a copy of TMNT #1. In fact, by your own logic if you had a low grade copy you should get rid of it right away, before the world comes to its senses! hurry!

I don't doubt the American consumer. New movie with Seth Rogen behind the wheel. I don't think we've seen the top.

1 minute ago, Charleybrown said:

Im not only talking about 9.8's...there are almost 300 from 9.0 to 9.8 on the census. Who knows how many ungraded copies are out there. What other high dollar comic has that population in high grade? And these prices have spiked in the last few months. These is a perfect storm going on right now and its ideal if youre selling but dont expect it to last. 

The same translates across all grades, of course. You're asking about 300 high grade comics of a pop-culture sensation, implying that's huge. It's the opposite.

5 hours ago, Charleybrown said:

 At any moment a ton of high grade copies of TMNT 1 could flood the market and you'd see the price drop instantly. It's kind of amazing how the supply is so limited at the moment and no one is listing mid grade copies. The 6.5 sale for 12k might bring out a few sellers. 

There is no mystery stash of 1,000 9.8 1st prints waiting on the sidelines. The instant they hit the ten-thousand dollar mark caused probably 80% of them to be graded. Sorry it just doesn't make sense otherwise. Contrarianism for its own sake is pointless.

Lots of emotions going on. Lots of posts too, this is the most action this thread has seen in a long time. I don't follow other discussions (arguments) about hot books that much but I suspect its probably similar with the wide range of responses. I prefer this to the recent past with the schadenfreude of the 90K book slinking back to 50-60K. That really brought out the niceness in a few unmentionables.

21 minutes ago, old_dano said:

Just curious, if anyone has an idea what the right price to pay for a blue label 9.2 copy in today's crazy new prices.

Thanks in advance,

Old_Dano

 

I don't have any recent, crazy town, prices for 9.2's but using 9.0's as your guide the last two sales were $14,995 just on 7/29/20 and $14,375 on 5/20/20.  I think old-dano's target of 20K is a good starting point. But don't take less than 16 or 17, imho.

This one is fun. It looks like the guy's rottweiller chewed on it. How much for a slightly-gnawed 2nd print? At least $305!

https://www.ebay.com/itm/TEENAGE-MUTANT-NINJA-TURTLES-1-2ND-PRINT-1984-AFFORDABLE-COPY/133489424810?hash=item1f1496f9aa:g:jqEAAOSwSx1fMI7u

On 7/26/2020 at 2:17 PM, GM8 said:

I've never seen this copy listed or sold before, special discount price of $100,000! New 9.8 listing on ebay from a seller I'm unfamiliar with "redhoodcomics". Anyone know anything about them? They're in Las Vegas it appears.

 

https://www.ebay.com/itm/TEENAGE-MUTANT-NINJA-TURTLES-1984-First-Printing-1-CGC-9-8-NM-MT-SIGNED/224094283871?hash=item342d0f685f:g:o2UAAOSw9INfHQs-

 

A side note: this makes 15 unique CGC 9.8's that I have in my sales/listings database going back to 2006 with the first sale I have record of in 2011. So out of 28 officially graded books, a little over half have been listed and/or changed hands since then.  The other 13 are in collector's hands and have been off the market for at least the public.

The seller pulled this book. It was not sold per him. That makes zero 9.8 first prints for sale currently. And we all know 0/32 makes 0. Time for a price jump to $500K! 

20 hours ago, LDarkseid1 said:

But a 100% increase in 1-2 months, and just because lower grades copies are more affordable to a larger group of buyers? I don’t see how that’s an answer to the sudden massive increase. From what I can tell it seems to be something else. Everyone has noticed the sudden rapid increase in Albedo 2’s. Seems like it’s more of a copper key shift, than a grade range shift.

Seth Rogen movie. Stock market all time highs. Two pretty good reasons.

1 hour ago, spracknetch23 said:

Any restored sales recently? Curious about the value of an apparent 8-9.0 with slight spine color touch.

I only track first print sales of 9.0 and up, so it's limited data in that dept for sure. Haven't seen a sale of one  in years so I wouldn't hazard to guess value today.

Here's a 9.2 on sale, special price, stacked-coupon special for only one easy payment of $29,500! This book has been listed by comicmylars out of California for a while, ebay had it as "sold" last November at $13.5K. So that apparently fell through to the benefit of comicmylars, apparently. The asking price had been all over the place last year, 11.8K, then 10.5K, then 13.5K, then 14.5K, then the "sale".

https://www.ebay.com/itm/Teenage-Mutant-Ninja-Turtles-1-CGC-9-2-Mirage-1984-1st-Print-White-Pages-cm/353163118979?hash=item523a298983:g:LmUAAOSwkHxcAM6F

5 hours ago, PickleRick1216 said:

The last shipment I sent in was received by CGC on March 5th 2020 and it took 62 BUSINESS days before it made it from CCS to CGC.

Thanks. Yes, that's just over 12 weeks, similar to my last one. Shoulda paid for the fast track! 

anyone know current turnaround times at CCS? my submission last October took at least 12 weeks lol.

23 hours ago, Mythic Markets said:

Hi, I'm Joe, the co-founder & CEO of Mythic Markets.  One of our Amazing Fantasy #15 investors referred me to this thread.

It's clear there's a lot of questions about how alternative investment platforms like ours work and, while I can only speak for Mythic Markets, I'd be happy to start a thread to answer them.

I only see AF 15 7.0 on your site. What other books do you have?

How is ownership structured differently than RallyRd?>

13 minutes ago, pubmonkey said:

Thanks @GM8 for always highlighting the interesting stuff.

To put the above mentioned sale into perspective l picked up my 9.8 in 2012 for $1k less than this 9.0 sold for...

I want to know where all the 2nd prints have gone. There were twice as many printed as the first print but they are much less represented in the census. With their prices rising, especially for high grades, surely more would have come out of the woodwork?

Thanks. You got a deal on that 9.8 buddy!

I don't track 2nd print prices unfortunately, at least not data-wise. I only track 1st prints from 9.0 and higher. Probably need someone with GPA access for that data.

Here's some capital gains for your viewing pleasure. This 9.0 off white/white paged blue label last traded in November of 2018 for $6,560. Yesterday, it sold for $15K over on ebay. Cha-ching!

https://www.ebay.com/itm/Teenage-Mutant-Ninja-Turtles-1-CGC-9-0-1984-Mirage-1st-Print-H12-cm-clean-/352841824842?hash=item522702fa4a%3Ag%3AFmQAAOSw84ZcODNV&nma=true&si=VC%2FvYp9GMj7kX%2BMb19EhSWILuaM%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557

The Rally rep responded to my initial questions regarding ownership rules, sales, etc. This is my question and his response:

14 hours ago, Callaway29 said:

I’m sensing a lot of pumping going on...I suppose it could just be hype catching on, but all of a sudden TMNT is all the rage on social media platforms. No need to explain the book, I get it...but why now and so fast & furious? 

Not really a pump...this is real demand. The movie may have something to do with it, and the stock market definitely does. It hit me when the second prints went nuts, now it's going back into first prints again. I think the 9.8's hit that 100K mark soon.

12 hours ago, James J Johnson said:

We're also losing sight of the fact that if one of these "publicly traded, cooperatively owned" books is paid for, funded by paypal or credit card the sale IS NOT FINAL FOR 180 DAYS! Commodities trading generally doesn't work that way! You buy 1000 shares of a stock at $9@, it goes to $12@, you sell, you take your profits and/or reinvest. If two weeks later the stock plummets to $6 per share, you don't owe anybody $6000 becaause you were in and now you're out.  So what happens here if 2 days, or 2 weeks, or 2 months, or 170 days later there's a chargeback? And the book is being returned the money to be refunded? Have any of the parties involved thought about how ecommerce works when paypal and cc companies are involved in the payment process? Because of how they're involved, no sale is final until 180 days have passed. Counting a sale as final before 180 days have elapsed is counting chickens before they've hatched. 

I think I read your hypothetical correctly and it's an interesting point but ultimately I don't think it will have a lot of effect. So someone buys a piece of TMNT #1 9.8 say, at $450 (the average investment) and its then a chargeback through paypal. Well, then the house has those shares back in their hands. If the asset increased in trade price then they're fine and they just re-sell the shares at that price. If they go back to the offering, then they sell at that price and its a push. If the asset loses money in that time, then they just take the hit. Assuming they are buying items like the TMNT #1 and reselling them instantly for 10% profit (they paid $59K for the TMNT #1, sold it to investors at $65K) then they are still ok. I don't think a mass-exodus of chargebacks is a likely scenario. Most people don't even know about them, maybe 5%. Then those who would go through with this dishonest event would be even smaller.

I've never seen this copy listed or sold before, special discount price of $100,000! New 9.8 listing on ebay from a seller I'm unfamiliar with "redhoodcomics". Anyone know anything about them? They're in Las Vegas it appears.

https://www.ebay.com/itm/TEENAGE-MUTANT-NINJA-TURTLES-1984-First-Printing-1-CGC-9-8-NM-MT-SIGNED/224094283871?hash=item342d0f685f:g:o2UAAOSw9INfHQs-

A side note: this makes 15 unique CGC 9.8's that I have in my sales/listings database going back to 2006 with the first sale I have record of in 2011. So out of 28 officially graded books, a little over half have been listed and/or changed hands since then.  The other 13 are in collector's hands and have been off the market for at least the public.