Heritage's Next Event Auction has started posting books ! 31 31

[ThothAmon]

21 hours ago, LDarkseid1 said:

 

Wow, the Pennyworth collection looks insane!

 

 

The passion to collect came from his father’s despair. Wouldn’t have batted an eye putting this grandma in the old folks home. 
"In the early 1940s, my father was starting to buy comics. He kept them under his bed and boxes. I can only imagine he had a nice collection. He told me he had an Action Comics #1, a Batman #1, he had a Detective Comics #27," Lawrence says. One day, however, after the U.S. entered World War II, Lawrence's grandmother donated all those comics to a paper drive. Just like that, they were gone. "He came home from school and his books were gone. It's something that bothered him forever."

[Chicago Boy]

1 hour ago, ThothAmon said:

The passion to collect came from his father’s despair. Wouldn’t have batted an eye putting this grandma in the old folks home. 
"In the early 1940s, my father was starting to buy comics. He kept them under his bed and boxes. I can only imagine he had a nice collection. He told me he had an Action Comics #1, a Batman #1, he had a Detective Comics #27," Lawrence says. One day, however, after the U.S. entered World War II, Lawrence's grandmother donated all those comics to a paper drive. Just like that, they were gone. "He came home from school and his books were gone. It's something that bothered him forever."

Sucks is an understatement.  Stories like that help make action 1 and Tec 27 so rare. However. 

[tabcom]

On 11/14/2020 at 11:02 AM, LDarkseid1 said:

Wow, the Pennyworth collection looks insane!

https://www.google.com/amp/s/www.syfy.com/syfywire/batman-comics-auction-stolen-randy-lawrence%3famp

One would make the reasonable assumption that supply would out weight demand on some items.

[bluechip]

12 hours ago, Professor Chaos said:

yeah I didn't see it got that high. Very good chance it gets left alone from here on. Seems pretty high but who knows these days. Plus there are so few. I thought there was more than 3 9.8's. Just looked up Tec 359 , only 4 9.8's. Compared to Silver Marvels there are a lot less DC 9.8's. I learn something new every day around here.

I remember seeing this book in uncirculated comic packs which were available for a few hundred bucks.  Maybe a dozen years ago.  

[Professor K]

7 hours ago, tth2 said:

If he hadn't, this would be an auction of stolen books! 

Check out the big brain on tth2! Haha you're right. I didn't think of that while I was engrossed (I've never used that word before) in the article. I wasn't sure if he got them ALL back. Darn near miracle he did. 

In this Heritage article it seems he also had a time getting the books back from the court system, at least thats how I interpret it.  https://www.ha.com/heritage-auctions-press-releases-and-news/one-of-the-most-storied-and-celebrated-collections-of-batman-comics-heads-to-heritage-auctions-in-november.s?releaseId=4006&type=social-Twitter-Comics-7236-pr4006-103020

Lawrence and attorney Wayne Schwartz spent a long time trying to reclaim his comics — first, from the man who pleaded guilty to trafficking Lawrence's stolen property; then, from the investigators and attorneys who had taken custody of his books. When he finally got them back earlier this year, "I felt like the luckiest, luckiest guy," Lawrence says.

Edited November 15, 2020 by Professor Chaos

[Professor K]

1 minute ago, Professor Chaos said:

 

Sorry double post. Hit quote instead of edit. 

Edited November 15, 2020 by Professor Chaos

[LDarkseid1]

2 hours ago, tabcom said:

One would make the reasonable assumption that supply would out weight demand on some items.

Which items?

[tabcom]

1 hour ago, LDarkseid1 said:

Which items?

I have no idea. I guess it comes down to the last bid during the live auction.

[tth2]

4 hours ago, Professor Chaos said:

Darn near miracle he did.

That's definitely true. 

[StuporMan]

Who is bidding in tonight's live auction? I've put my bids in and I'm walking away 

[LDarkseid1]

1 hour ago, tabcom said:

I have no idea. I guess it comes down to the last bid during the live auction.

Oh gotcha. Yeah I just didn’t understand what you meant. All his Batman books are super rare in the conditions their in, so demand would heavily outweigh supply. Since the supply is near impossible to come by. Like the Batman 181 CGC 9.8. That’s the first 9.8 I’ve seen come to auction in the 8 years I’ve been collecting and I’m not even sure a 9.8 has ever sold publicly. Just as an example.

Edited November 16, 2020 by LDarkseid1

[ThothAmon]

Who doesn’t want a sweet Detective 2 (CGC 7.0) and 26 (CGC 5.5) but both seem generously graded. The 2 looks like restoration was removed (leaving dried glue behind) with the scrape and dig technique and still somehow managed a 7.0 and the 26 ... Compare to my 5.0 13 and you decide? As for the auction itself, I watched the Randy Lawrence/Pennyworth video in its entirety and am in awe of this collection. Not sure it’s received the buzz that the Berk auction did but it’s staggering how many beautiful books are for sale.  Not sure Berk ever chased grades like Lawrence did though?

 

[Funnybooks]

Agreed @ThothAmon

Flip flop the grades 

[tabcom]

Is $125,000 a base or a top? 

[buttock]

3 hours ago, ThothAmon said:

Who doesn’t want a sweet Detective 2 (CGC 7.0) and 26 (CGC 5.5) but both seem generously graded. The 2 looks like restoration was removed (leaving dried glue behind) with the scrape and dig technique and still somehow managed a 7.0 and the 26 ... Compare to my 5.0 13 and you decide? As for the auction itself, I watched the Randy Lawrence/Pennyworth video in its entirety and am in awe of this collection. Not sure it’s received the buzz that the Berk auction did but it’s staggering how many beautiful books are for sale.  Not sure Berk ever chased grades like Lawrence did though?

 

It's really maddening that this is now not only acceptable, but it's ignored in the grading process.  It's clear that the graders have deliberately chosen to ignore the chunks dug out of books like this.  If you want to get rid of the restoration, then that's on you I guess.  But for CGC to encourage defacing by giving gift grades is just unethical.  

 

And the craftsmanship is garbage.  On the same level as...

[Aman619]

anyone recall what the history is of the stamped "Sample Copy" is?  The Tea 58 has the stamp above the logo.  Its faint, I only noticed it zooming in on the scan.  I think we have discussed this before but cant recall the answer, if it was determined.  thanks

 

[ThothAmon]

23 hours ago, Aman619 said:

anyone recall what the history is of the stamped "Sample Copy" is?  The Tea 58 has the stamp above the logo.  Its faint, I only noticed it zooming in on the scan.  I think we have discussed this before but cant recall the answer, if it was determined.  thanks

 

Since no one else has chimed in I’ll venture a guess that it was a stamp used by distributors for salesman samples?  Other thought it’s a DC file copy?  Would CGC downgrade because of it?

[Aman619]

thats a fair guess....  Ive seen it on other early 40s titles like All American 16.  cant remember the others... 

[MasterChief]

On 11/17/2020 at 7:49 AM, buttock said:

On 11/17/2020 at 4:39 AM, ThothAmon said:

Who doesn’t want a sweet Detective 2 (CGC 7.0) and 26 (CGC 5.5) but both seem generously graded. The 2 looks like restoration was removed (leaving dried glue behind) with the scrape and dig technique and still somehow managed a 7.0 and the 26 ... 
 

2.63 MB · 0 downloads

It's really maddening that this is now not only acceptable, but it's ignored in the grading process.  It's clear that the graders have deliberately chosen to ignore the chunks dug out of books like this.  If you want to get rid of the restoration, then that's on you I guess.  But for CGC to encourage defacing by giving gift grades is just unethical.  

 

Seldom have I seen the universal after grade exceed that of the restored before grade.

Subject book appears to have undergone a fair amount of invasive removal work...

 

[GreatCaesarsGhost]

Good detective work there, @MasterChief, no pun intended.