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Posts posted by skybolt

  1. Just got back my moderns that were shipped to CGC on 5/18. At least another month to go for my economies shipped on the same date makepoint.gif


    I'm about to send another batch of economies for grading. I hope that since it's not convention season, that I'll get them back in 3 months. 893crossfingers-thumb.gif


    Off the subject. Has anyone had a problem with the CGC slabs being curved like a banana. I spent 1 hour the other day trying to straighten one out, but to no avail. 893frustrated.gif

  2. The books listed are really nice. The only Batman book I own that grades higher than the list shown is #42 (CGC 8.5). The rest of my books grade lower. However, I'm expecting a #53 back from CGC next month. I'm hoping for a 9.0. Does anyone know if that book is hard to find?

  3. I'm new to these boards Ian, so forgive me if I'm asking repetative questions.


    1.) In general, what condition are your DC books in? Do they vary from fair to mint?


    2.) There has been a lot of debate on these boards on how many actual copies of each golden age DC book exist. For instance, I own about 7 Sensation Comics DC books graded at 7.0 to 8.5. The CGC census only shows 3 to 6 books graded for each issue. From your experiences, would you say that there are hundreds of other copies not graded as of yet, or something much less. As a collector you don't want to spend more than you have to if there are other books available out there. Thank you.

  4. That is why I stated that it's not a good investment to pay 50 times guide for a 9.8 CGC graded book, and most comic book collectors and investors would agree. Most of the books I buy are over 40 years old and their value has appreciated by 5 or 10% every year. I'm not planning on retiring on my comic book collection, since I have good job outside the field. If in 10 to 20 years from now I decide to sell these books then I hope to make a decent profit (at least something higher than the 1% being earned at the bank these days). If in the meantime I see that someone wants to buy my book for multiples of what I paid for it, then why not. My recommendation to comic book collectors is to buy for the love of the hobby, and the investment part will work itself out.

  5. You mention that "investing in comics, you missed that boat by around 15-17 years. Dropping thousands of dollars for what would have cost you $5-$10 in 1988 is not going to change that fact".


    Are you kidding me. That's like saying why should I spend a $150 a share on an IBM stock if 25 years ago it was only worth $25 a share, or why spend a $400,000 on a house todaysince 20 years ago it was only worth $80,000. O.K., you might say that collectables are a little different, however, a Rembrandt painting would sell for 10 times as much today as 20 years ago. I'm sure the owner is very glad that he paid the $20,000 back then instead of thinking, darn I'm not going to buy this painting since in 1950 it was only worth $1,000. Pretty soon you're going to tell me that I shouldn't buy that loaf of bread since it costs 4 times what it used to. Time changes everything - it's called inflation.

  6. Hmmm, interesting.


    There were hundreds of thousands of early Action Comic books printed, but now there are less than a 100 for each issue (most of which are in fair and good condition). I applaud the ones that kept their books, but like I mentioned before, 99.9999% of others didn't. You and some others may keep your books, but many, many others will throw them away or put them in the 50 cent bin to rot. If you think that investing in comic books is a bad idea then I guess Metropolis, Heritage and Mile High should already be out of business. They keep buying and selling and making a profit year after year like no one's business. I also guess that the X-Men #101 book I sold on line for $450 (600% profit) was just smoke and mirrors. Some of these other collectors on this board (who have a much greater knowledge than I do in investing in comic books) will give you even better examples.


    Wait a second, what am I saying. Actually, I really hope that most people take your advice and not invest or collect comic books, then my collection would really be worth something 20 years from now. angel.gif

  7. There has to be a balance between investing and collecting. We can't just say that the comics you own today will be worthless 20 years from now, since most people would throw them away or treat them like beaten down pieces of rag. Then we'll run into the same problem as 50 years ago where high grade books will not be available for future generations. However, at the same time I do believe that the 9.6 and 9.8 CGC craze for modern books is getting out of hand. Speculators paying 50 times the near mint value for a 9.8 book are going to really hurt the market in years to come. That's why the Overstreet Price Guide does not even want to deal with 9.4 and above graded books since they know that the multiples being paid for them are going to come down. For instance, buying a 9.4 CGC graded SA book for 1.5 X guide is probably a good future investment. For instance, I bought Iron Man #1 and Sub Mariner # 1 CGC graded at 9.4 for less than 1.5 X the NM guide value. However, if you kill me, I wouldn't have spent $12 K on a 9.8 Iron Man #1. Whether you're investing in stocks, collectibles, land acquisitions, etc. you always have to do research and be smart. I think that since a lot of us comic fans have such great knowledge in the characters and the comic book market in general, that we choose to invest in something we are familiar with and like, rather than a fortune 500 company that we've never heard of.

  8. Investing has always been a part of collecting. It's like telling the owner of a Picasso painting that his piece is absoultely beautiful, but is only worth $10. The guy will probably find the nearest trash can to get rid of it instead of it taking up all that space in his living room. That's how people in the 30's, 40's and 50's felt with their Action Comics #1 and other comic books. 99.99999% of readers disgarded their comics or trashed them once they were done reading them. If they had known that these books would have some value 30 years later and saved some, then maybe you and I wouldn't be spending thousands of dollars to own a golden age book today. At least by looking at comic books as an investment (in addition to great reading), we insure that the next generation of readers would not have to spend $10K on one key modern age issue.

  9. Here's a general rule I try to follow for collecting CGC graded books.


    Modern Age:


    9.4 and above for key issues

    9.6 and above for non-key issues


    Bronze Age:


    8.5 and above for key issues

    9.4 and above for non-key issues


    Silver Age:


    7.5 and above for key issues

    8.5 and above for non-key issues


    Golden Age:


    6.5 and above for key issues (which would include most Superman, Batman, etc. issues)

    8.0 and above for non-key issues


    What is your collecting criteria?

  10. Each collector is different. Back in the 80's and early 90's all I ever wanted to do was to read as many comic books as possible. Nowadays, I own about 350 CGC graded books (evenly proportioned between GA, SA, BA and MA). The rest of my 4,000 books that I bought as a kid or on-line are not CGC graded. However, most of these unslabbed books are worthless (less than $20 worth at most). I'm not stupid enough to buy a $1,000 comic book and just store it without any protection. The CGC slab provides that level of protection and comfort. To be completely honest, these days I hardly ever read the books I buy. I know that as a kid I liked Marvel and DC so that's what I look for. Every now and then I take out my CGC collection and basically go through the books. I don't have to break them open to enjoy my collection. I realize that non-key books that are less than 30 years old should not be slabbed, but having CGC covers for rare golden age books ensures that these books will be in existence 50 years from now. They can be stored like expensive paintings so they can withstand the test of time. I buy CGC books because I love comic books, and because I hope to make a slight profit in 10-20 years if I sell them. If at that time I don't make any money by reselling these books, then at least I would still have had the enjoyment of owning them. That's why I don't collect books I don't like even though they may go up in value. I'm going to sell my Primer #2 CGC graded 9.4 as soon as possible since I'm not interested in the book or the character at all. wink.gif

  11. Sorry Hobbes,


    I was just stating my opinion, which is in agreement with yours.


    I have only been purchasing SA and GA books for the past 2 years (I was mostly a BA and MA collector). I guess what I've noticed with CGC graded books is that if you're a short term investor, then 9.6 and higher books are the way to go - meaning that these books will be resold within a years time, and a new batch is bought. For instance, if you buy a 9.6 graded Iron Man #8 for $200, and then wait a couple of years for the movie to come out, and resell it for $400, then that's smart thinking. Also, if you are a true collector and want the best graded books, then God bless you, there is nothing wrong with that either. However, if you are purely into long term investment and believe that if you pay 20 times guide now, then in 20 years it will be worth 50 times guide, then you will lose that bet. Who knows what can happen to a 9.8 CGC graded book in 20 years. There is no guarantee that the book will stay in that shape. What if 7 years from now, people start complaining that CGC holders are not keeping their comics in pristine condition. That doubt will drive the price down for these books significantly. CGC maybe forced to regrade the book after so many years instead of just re-slabbing it with the same grade. I certainly wouldn't take that chance. My rule for SA books is to pay no more than 1.5 X the guide value for 9.2 books, no more than 2 X for 9.4 books, and no more than 3 X for 9.6 (I can't afford 9.8 and higher SA books). Again, this is only my opinion, since I realize that there are other people on this board with much greater comic book collecting experience than myself.

  12. O.K. let's put it this way. Which book would you prefer if you weren't looking at the label grade? An accurately graded 9.4 CGC book that has only 3 visible flaws to the naked eye (spine stress, slightly rounded corner, small scratch on front cover), or an accurately graded 9.2 CGC book that has absolutely zero visible flaws (square corners, sharp, etc.), but 5 or 6 minor spine stresses that can only be noticed if you own the same type of scanner equipment as CGC? O.K., maybe the 9.4 or 9.6 is still a better book, but it certainly isn't worth 10 or 20 times more than the 9.2 book. A lot of us on this board realize this, but once this becomes evident to every one else, then the speculators will unload their once overpriced 9.6 and 9.8 books onto the market, therefore, driving the price down for SA books. Beauty is still in the eye of the beholder. To me a perfectly nice 9.0 book should not receive a 6.0 score just because there is a faint stain on the back cover. I would much rather have that book than another 6.0 graded book with a couple of tears, spine stresses, chipped corners, etc.

  13. I truly believe that in 10 years time people will stop noticing the difference between 9.8 and 9.4 books. For instance, several months ago I sent about 60 bronze age books to be CGC graded. I inspected most of them several times to make sure I noticed all of the defects. I created a list with what I thought the grades would be. I had listed a copy of X-Men #101 at 9.0 since it had a couple of stress lines, one slightly rounded corner and a small scratch on the front cover. I had also listed a copy of Daredevil #168 at 9.8 since it was absolutely flawless - white pages, zero spine stress, square corners, etc. To my surprise, both books came back CGC graded at 9.4, which means I can't tell the difference between a 9.8 and 9.0 book. I sold the X-Men book for $455, but noticed that a 9.8 graded X-Men #101 book sold on Ebay for $4,500 last week. It just doesn't make sense to me that a book would sell for 10 times as much since it has 1 or 2 less flaws (if even that). It's almost like saying that if a Honda Accord is brand-spankin new, then it should sell for $200,000 instead of $20,000. Does anyone on this board pay 10-20 times guide for 9.8 CGC graded books priced at $50 or more in NM condition?

  14. Who is the GA group anyway (not counting the major dealers and collectors)? I mean the golden age has been over for almost 50 years now, and I really don't see a lot of 70 and 80 year olds holding on to their comic book collections. So they've either given it to their kids (who are our age), or sold it in years past. The average age for collecting GA vs. SA books is probably the same. The only reason why there are fewer GA books graded is not because their owners are holding on to them for dear life, but because they are trully scarce. For instance, if a GA book is valued at or above $1000 in NM condition (in the overstreet guide), then I would think that 40 to 50% of the owners have already sent it in for grading. Especially if we're talking about super-hero comic books.

  15. I'm 33 years old and I'm fascinated with GA books. Especially old Batman, Superman, Wonder Woman and any comic books with good girl art covers (Kamen-Blue Beetle, Rulah, Sheena, etc.) wink.gif. Being a bronze and modern age reader all my life, I never knew such books existed. The main reason I mentioned Hollywood movies having an impact is not because of long time fans like myself and the rest of the people on this board, but because of the young kids who will begin to love the DC and Marvel characters and start spending the big money purchasing these old books when they're old enough and have nice paying jobs. Comic book collecting is a continuous cycle that will never end as long as the younger generation is being introduced to the market.

  16. Plus, how will we ever know whether the same 20 high grade books will keep getting resubmitted for CGC grading. Are there truly 60 Amazing Spider-Man #1's CGC graded at 8.0 and above, or only 40?! For instance, I have an ASM #1 CGC graded at 8.0. However, based on it's slab number it seems that it was one of the very first ones graded. To me it looks like an 8.5 or maybe even a 9.0. CGC says that slabs should be replaced after 7 years. Who knows, maybe in a couple of years I might just remove it from its slab and resubmit it for grading again. Perhaps, a lot of other people will do the same thing if they feel CGC has become a little more lacks in their grading standards. So my advice would be that if you own the only 9.4 CGC graded book for any given title, do not resubmit to CGC (to gain a higher score), since you might be depreciating the value of your own book (since now there will be 2 copies graded at 9.4). 893scratchchin-thumb.gif

  17. I'm shocked that the GA books are not selling for multiples as the SA books. I was extremely surprised that I was able to purchase an unrestored All Winners Comics #2 CGC graded at 8.0 (2nd best graded) for slightly less than the guide price (same thing with an All Select Comics #3 CGC 7.0). I would much rather have this book than to spend the same amount of money on a 9.9 CGC graded ASM # 75. I do think that SA books graded 9.4 and lower will still sell well in years to come, but I have no idea about anything higher than that. For my taste, I'd much rather have a complete collection of 9.2's rather than spend the same amount of money on 3 or 4 - 9.8's. Just my opinion. smirk.gif

  18. As long as Hollywood keeps producing superhero movies, the comic book market will not suffer a major crash. There are plenty of comic book fans like myself who have re-entered the market due to the X-Men and Spider-Men movies' success. I don't think we'll be leaving the business anytime soon. I love my GA and SA CGC collection. thumbsup2.gif

  19. Best Deal:


    Bought an unslabbed X-Men #101advertised as VF+ on EBAY (last year) for $45. I had the book graded by CGC and received a 9.4 score. Sold it on EBAY last month for $455.


    Wost Deals:


    Bought an unslabbed Fantastic Four #6 issue advertised as VF+ from Metropolis Comics for $1,299 last year. I did not realize that the book had a very small water stain on the back cover. I sent it to CGC and only received a 6.0 grading (~ $400 worth). Unfortunately, at that time it was too late to return the book for a refund.

  20. I've been buying comic books on Ebay from the Golden Age to the Modern Age for the past 2 years. There are many good deals to be had on Ebay, but there are plenty of frauds to offset these deals. Until I became adjusted to the system I got burnt many times. My advice is to start slow by purchasing $10 to $15 books for the first 4 or 5 months before going after the higher priced ones.


    As a caution, do not buy any books from the seller "Cuteypie82". He would auction off vintage books such as Amazing Spider-Man #1 and X-Men #1. All these books have been previously CGC graded and are restored books. He buys them, takes them out of their CGC holders and sells them off as his 30 year old collection. People are expecting Fine to Very Fine books and receiving very good restored books. Also be careful of in_the_attic_toys, he lists vintage books on Ebay, which he does not own. I filed a fraud complaint, but never received my books or my $700 back. There are plenty of others like this on Ebay, so watch out. As other people have mentioned, be very careful of buying $500 worth of comic books from someone that has a feedback rating of less than 10.


    After a couple of bad dealings, the only vintage comic books I pruchase have to be CGC graded and from reputable sellers. Buyers always make the mistake of thinking that it's better to buy a book advertised as VF+ than to pay slightly extra for a CGC graded VF+. We trick ourselves into believing that we might receive a book that has a potential for NM (9.4) grading (from the scans and description). From past experience, and from sending books I purchased on Ebay to be CGC graded, I've always received a lower score than what was advertised. Many times, the grade was much lower. Sometimes sellers will tell you that the book is a VF+, no better than VF/NM, but not less than a VF. This sentence usually means that the book you're purchasing will receive a FN/VF grading by CGC. Also, don't ever fall for seller's tricks, where they will tell you that they're out of money and they need to pay their bills, therefore, they're willing to sell their vintage books at half price. I've lost a lot of money thinking that I could outsmart the seller.


    My other advice is that other than vintage 1940' and 1950's Superman, Batman, Wonder Woman, etc. books, the other books are aplenty on Ebay. Don't ever get into bidding battles with another determined Ebayer. I've done this in the past where me and this other person are back and forth until I wind up paying $600 for a Spider-Man issue, and then next week that same graded issue will sell for half that price.


    Make sure to use the Overstreet Price guide for reference, and don't ever pay anything higher than what's listed at VF/NM and less. There are a lot of inflated books out there such as Amazing Spider-man #129 (1st Punisher). These books are selling for 3 times price guide because of the Punisher film. Trust me after the film is done, they won't be able to get their money back. That's why I don't buy any Hulk or Daredevil comic books. The prices for these books have already reached their peak because of the movies' success. Also, avoid buying non key issues that are CGC graded at 9.8. For instance, I've noticed that Ultimate Spider-Man #1 is selling at over $500 for a 9.8 grading. Once people owning this book realize this, they will all send their #1 books to be CGC graded and receive the same grade. At that time there will be thousands of 9.8 CGC'd for this book, therefore, driving the price down in the future. I guarantee that 3 years from now a 9.8 graded Ultimate Spider-man #1 will not sell for more than $100.


    These days I'm mostly buying 40's and 50's CGC'd Batman and Superman books because a lot of people are not aware that several movies are in the works for these characters. These books are much scarcer than the 60's marvel books. Same thing goes for Iron Man, Sub Mariner and Captain America, as far as a movie being in the works. These books are currently selling at 3/4 of guide prices. At the same time, you can't go wrong with purchasing high grade vintage Amazing Spider-Man, X-Men and Fantastic Four comics. These books will always be popular.


    As a personal preference, I would much rather own X-Men #101 - 110 CGC graded at 9.4 than to spend $2,000 on one issue of X-Men #101. Nothing personal against CGC, but they would even tell you that the difference between a 9.8 and 9.4 is very minor. For the life of me, I just can't see people buying a 9.9 graded book for 20 times the guide value 10 years from now. Let's just say for instance that your CGC holder cracks and your book is exposed to some harmful elements, that might drop it to a 9.6. If this happens, then the value would drop ten fold. However, if you spend $3000 on a rare Golden Age 8.0 CGC graded book, then its grade and value would not drop significantly over a long period of time. I guess what I'm saying is that 9.8 and 9.9 books are good short term investments, but no one knows what the long term effects will be (10 to 20 years from now).

  21. 1.) Amazing Spider-Man #1 CGC 8.0

    2.) X-Men #1 (2 copies) CGC 8.5, CGC 8.0

    3.) Human Torch #3 (#2) CGC 8.5 (Nic Cage Collection)

    4.) All Winners Comics #2 CGC 8.0

    5.) Batman #11 CGC 7.0


    Honorable Mentions:


    Batman #5 CGC 7.5

    Flash #105 CGC 7.0

    Daredevil #1 CGC 8.0

    X-Men #2 (2 copies) both CGC 8.0

    Giant Size X-Men #1 CGC 9.4