How do I determine fair market value for a given professionally graded book? 1 1

[MGsimba77]

Edited September 24, 2017 by MGsimba77

[valiantman]

Actual market value would require that you put it up for auction and see where it ends.

Looking at prior sales is the second best option, but there aren't always recent sales to reference.

There's almost no value in looking at unsold auction prices, other than to know that the asking price is too high.

People like to say "it sells for $X on Ebay!" but if it isn't sold, then it doesn't sell for $X on Ebay.

GPAnalysis.com is an online service (monthly fee) that has compiled CGC graded comic sales from various sources for many years.

GoCollect.com has a similar service, with minimal information for free, but in this case, it might be what you're looking for: http://comics.gocollect.com/priceguide/view/129843

[rjpb]

A copy in that grade sold a week ago for $1600 at auction.

[MGsimba77]

22 minutes ago, valiantman said:

Actual market value would require that you put it up for auction and see where it ends.

Looking at prior sales is the second best option, but there aren't always recent sales to reference.

There's almost no value in looking at unsold auction prices, other than to know that the asking price is too high.

People like to say "it sells for $X on Ebay!" but if it isn't sold, then it doesn't sell for $X on Ebay.

GPAnalysis.com is an online service (monthly fee) that has compiled CGC graded comic sales from various sources for many years.

GoCollect.com has a similar service, with minimal information for free, but in this case, it might be what you're looking for: http://comics.gocollect.com/priceguide/view/129843

Hmmn, I'm pretty sure it's been sold more than once the past 24 months but gocollect only records one sale at a very low price. 

[NoMan]

Nice book

[ThothAmon]

Is it sold yet?

[MGsimba77]

Yes. Was just trying to gauge value range. It hasn't been sold all that much in past 15 years according to GPA

[FN-2199]

On ‎9‎/‎20‎/‎2017 at 6:23 PM, MGsimba77 said:

Hmmn, I'm pretty sure it's been sold more than once the past 24 months but gocollect only records one sale at a very low price. 

GoCollect tracks eBay pricing. You'll have to look in a few places.

Ultimately, if you want it, and it is up for auction place a bid at what you think is 150-200% of what you think is market price. The final bid will be the new value of the book.