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LOC Collectibles

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Posts posted by LOC Collectibles

  1. Hello Everyone! 

    First :takeit: in thread wins it and trumps all negotiations. Time stamp determines winner. 

    Payment by Paypal, Venmo, Check/MO, or Cash in person. Payment is expected within 3 days of sale.

    We have multiple references on these boards if needed.

    Shipping will be on us within the CONUS. International shipping will be USPS Priority Mail at exact cost.

    Returns accepted on a case by case basis

    NO HOSers or Probies! PMs are welcome even if its to just say hello.

  2. Hello Everyone! 

    First :takeit: in thread wins it and trumps all negotiations. Time stamp determines winner. 

    Payment by Paypal, Venmo, Check/MO, or Cash in person. Payment is expected within 3 days of sale.

    We have multiple references on these boards if needed.

    Shipping will be on us within the CONUS. International shipping will be USPS Priority Mail at exact cost.

    Returns accepted on a case by case basis

    NO HOSers or Probies! PMs are welcome even if its to just say hello.

  3. Hello Everyone! 

    First :takeit: in thread wins it and trumps all negotiations. Time stamp determines winner. 

    Payment by Paypal, Venmo, Check/MO, or Cash in person. Payment is expected within 3 days of sale.

    We have multiple references on these boards if needed.

    Shipping will be on us within the CONUS. International shipping will be USPS Priority Mail at exact cost.

    Returns accepted on a case by case basis

    NO HOSers or Probies! PMs are welcome even if its to just say hello.

  4. On 11/9/2023 at 9:49 AM, kimik said:

    FF stopped being an A-List property 40 or so years ago, and the Hulk dropped off before that. Neither one can carry a regular ongoing title, or a movie franchise........

    Immortal Hulk was really good recently. I read that entire run and don't really read moderns anymore. They're trying to push Fantastic Four again as well. I haven't had a chance to read the new run but have been hearing good things. 

  5. On 10/22/2023 at 10:52 PM, MatterEaterLad said:

    I see this all the time. Big auction houses bringing in hefty prices while virtually the same book sells at almost the same time for 20% less on eBay. But WOW, that's a huge difference. In related news, I've been picking up bargains on eBay for the past month. Big buyers giving up on that site?

    The site has been terrible for years. Shocked they even have a big buyer following anymore. Most people don't want to lock up 5 digits on a gamble and would rather have a sure thing.

  6. On 10/17/2023 at 4:53 PM, CAHokie said:

    Why were people using free money on collectibles during a pandemic? Would have been a great time to save, invest, buy a house, or pay off any debt. 

    Have you seen home prices recently? Also, have you tried to apply for a home loan lately? Hell, have you tried to apply for any loan lately? Good luck walking into a bank with $5-10k making $50-60k a year on a $416k home (median home cost in America). 

  7. On 10/17/2023 at 3:37 PM, darkstar said:

    Including a label that at one time may or may not have belonged to the book in question has no impact on the price the book would command at the point of sale.

    Ranting about dealers with great reputations getting more money for their raw books is basic knowledge that doesn't even merit one's time and is immaterial to a discussion about the inclusion of an outdated piece of provenance impacting a book's value.

    Also it doesn't matter how great a dealer is at grading or how aligned they are with CGC's grading. If you are paying the graded price for a raw book, you overpaid. Grading a book is a value-added service and if it hasn't been done to the book in question, or if it's been negated by de-slabbing the book, you shouldn't be paying for it. 

    Have you ever met anyone that grades for CGC? 

  8. On 10/17/2023 at 5:53 AM, 1Cool said:

    It went into the Boomers pockets.  They had all the cool books initially that went up 3x and they sold to the flippers during the spike.  They had the boxes of old sports cards that went for a mint during the unpacking craze.  They had the houses that doubled in a few years.  The free cash was giving to the young and poor and got sucked right into the Boomers accounts.

    As they're calling Gen Z lazy and saying how they were able to afford some of the luxuries in life before their early 40's because of their hard work (which was working 9-5 Mon-Fri making $15+/hour in 1980 as their company gave them a 1:1 match for retirement). 🤦‍♂️

  9. On 10/15/2023 at 3:38 AM, Telegan said:

    I would never crack a slab.  A 3rd party has given a grade for that comic (whether someone agrees with it or not), and that's the basis I make my valuation of whether I want to buy that slab or not.  I have no idea at that point what's going on inside the comic, but since, in most cases, I only collect for the cover art or some other type of nostalgia, it doesn't matter to me once it's in the slab.  I don't CPR a book looking to profit, I don't flip comics, etc.  The only thing I care about is whether I got that book for a decent value for the condition it's in.  Most people will say "CGC graded it a 3.5, so I'll sell it/buy it as a 3.5".  For me there really is no risk involved, for someone who wants to peruse the inside or CPR the book in hopes of profit, they've assumed a risk that is entirely up to them and different from me.

    Let's say some day I decide to actually sell a comic - I have a 5.0 raw and a 5.0 CGC.  When I attempt to sell the raw, you or anyone else could debate with me that it's a 5.0, and you very well may have a case.  That unopened CGC remains a 5.0 whether you agree with it or not.  You can say it's a 4.0, but there are several others that will disagree or won't care, and this is what will set the value.  In this scenario you also can't tell me something's wrong on the inside of the comic.  This is part of what the majority of people buying and selling comics have accepted - we will accept the grade given from that 3rd party.  This is part of an appraisal process.  I don't have the same sense of security buying a raw from joenosekomix28578 on eBay, for example.

    As mentioned earlier in this thread it comes down to personal preference. There are many dealers I would trust on grading and details about a higher end book more than I would CGC. I feel with the internet age most newer collector's have dealt very little with individuals in person and it becomes a disconnect between the buyer and seller. CGC has helped bridge that gap for your "average Joe" sellers but there are dealers throughout the country that still get graded prices or better for raw books because of their reputation.  

  10. On 10/14/2023 at 11:52 PM, southern cross said:

    No one.

    The book is graded and they give their opinion of the book with a numerical assigned grade and page quality.

    Once cracked out of the slab it's no longer a graded book by the third party grading company.

    It's grade now is the opinion of whoever is looking at it.

    So for the third party grading company is all about trust, professionalism and acceptance with other parties willing to buy it.

    Probably why the bulk of the books being graded in the United States are sent into only two companies though there are more operating.

    I'm talking about a major flaw with the book that was missed during the grading process. Not the grade that was assigned the book. 

  11. On 10/14/2023 at 8:51 PM, Telegan said:

    It's not so much that switching is a huge issue in that it's prevalent or anything.  It's that, in most cases, raw books are being sold based upon front cover and, if you're lucky, back cover snapshots, and that's pretty much it.  So you're buying a raw book based upon not knowing squat about what's going on inside.  Even on eBay where sometimes you'll get a centerfold pic, you are still left wondering if other pages are torn, cut out, missing, written all over, etc.

    It also has less to do with getting a deal as much as not getting ripped off.  If I buy a graded comic book for $200 and it goes down in value to $50, that's my fault, and I can accept that.  If I buy a comic book for $200 only to find missing pages or other damage I couldn't see... who do I blame?  If you say me, that's fine.  If you say the seller, that's fine.  I choose not to be a victim in either case by not risking it.  It has nothing to do with getting a deal, but has everything to do with risk aversion.  There are comics people have gotten on reputable sites like Heritage that they question whether the grade was accurate (in both directions).  Other times from reputable dealers that missed restoration.  Was it intentional?  Probably not.  Still doesn't matter if it happens, and again, it's just risk aversion.

    If you get a still sealed universal CGC slab and decide to crack it to find either restoration, book is incomplete, or any other major flaw, who's to blame at that point? 

  12. Hello Everyone! 

    First :takeit: in thread wins it and trumps all negotiations. Time stamp determines winner. 

    Payment by Paypal, Venmo, Check/MO, or Cash in person. Payment is expected within 3 days of sale.

    We have multiple references on these boards if needed.

    Shipping will be on us within the CONUS. International shipping will be USPS Priority Mail at exact cost.

    Returns accepted on a case by case basis

    NO HOSers or Probies! PMs are welcome even if its to just say hello.