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

[buttock]

8 minutes ago, GreatCaesarsGhost said:

Heritage and others may feel that way, but I promise you the consignors of the FF1, Bat 1 and Cap 1 don't.  I chased to $240k a Cap 1 7.0 just a few months back in a CC auction.

That said, I respect your opinion and everyone else's, and never lose sight of the distinct possibility that I am WRoNG in mine

I wouldn't use Cap 1 as a barometer.  It's probably the most common big key, alongside Bat 1.  There is usually at least one copy in both HA and CC auctions each quarter, and often more than one in each auction.  At some point, everyone who wants one will have one or pass on the opportunity to buy one.  Not to mention it's peaking on its recent exponential growth curve.  It's following the trend of AF 15 recently where people think it's declining, but rather than declining it's reached a price point that encourages buyers to be a bit more picky.  Not all 6.0s are equal, and as others have pointed out, this was not a great 6.0.  If you're talking about a book with fewer available copies, you take what you can get.  The more common books, buy smart.  Especially at $100k plus. 

[GreatCaesarsGhost]

4 minutes ago, buttock said:

I wouldn't use Cap 1 as a barometer.  It's probably the most common big key, alongside Bat 1.  There is usually at least one copy in both HA and CC auctions each quarter, and often more than one in each auction.  At some point, everyone who wants one will have one or pass on the opportunity to buy one.  Not to mention it's peaking on its recent exponential growth curve.  It's following the trend of AF 15 recently where people think it's declining, but rather than declining it's reached a price point that encourages buyers to be a bit more picky.  Not all 6.0s are equal, and as others have pointed out, this was not a great 6.0.  If you're talking about a book with fewer available copies, you take what you can get.  The more common books, buy smart.  Especially at $100k plus. 

Good thing I'm in it for the love of the hobby.  I don't need to make money, but I prefer not to lose any.

[Gotham Kid]

8 minutes ago, buttock said:

I wouldn't use Cap 1 as a barometer.  It's probably the most common big key, alongside Bat 1.  There is usually at least one copy in both HA and CC auctions each quarter, and often more than one in each auction.  At some point, everyone who wants one will have one or pass on the opportunity to buy one.  Not to mention it's peaking on its recent exponential growth curve.  It's following the trend of AF 15 recently where people think it's declining, but rather than declining it's reached a price point that encourages buyers to be a bit more picky.  Not all 6.0s are equal, and as others have pointed out, this was not a great 6.0.  If you're talking about a book with fewer available copies, you take what you can get.  The more common books, buy smart.  Especially at $100k plus. 

[buttock]

48 minutes ago, GreatCaesarsGhost said:

Good thing I'm in it for the love of the hobby.  I don't need to make money, but I prefer not to lose any.

[lou_fine]

4 hours ago, lhcomics said:

With the Cap 1 and Bat 1 prices realized I feel like I do when the stock market tanks and see my 401k take a big hit. Since I bought Cap1 12 years ago I'm good with that dip but I could have possibly bought this Bat 1 at less than what I have into mine.

 

4 hours ago, GreatCaesarsGhost said:

I agree.  On the other hand, seasonally speaking, this is the worst time of year for sellers and the best time of year for buyers(IMHO).  So the weak prices may just be that.

Just wondering something........what was everybody's expectation here as to where this copy of Batman 1 should have finished up at?  

I didn't think it did quite as bad as everybody is making it out to be.  Especially since the Heritage archives indicates the last CGC 4.0 graded copy going for about only $131K last year while the 2 copies in CGC 5.0 and CGC 5.5 sold for just a tad over $200K earlier this year.  Probably a bit of a slide from last year or is it just plateauing and consolidation of the prices before it goes to the next level. 

As for that horrid looking so-called CGC 1.8 Conserved copy going for over $25K sure seems like a pretty strong price for that butt ugly looking copy.  I am actually surprsied it's only considered to be Conserved with all of that work done to it (i.e. tear seals to cover & interior, cover cleaned, leaf casting to cover, and married back cover).   And what is all that along the entire spine of the front cover and bottom portion of the back cover:    

 

[lou_fine]

1 minute ago, Gotham Kid said:

ugliest 1.8 in existence

And yet it sold for over $25K...........go figure that!!!  

[Gotham Kid]

1 minute ago, lou_fine said:

3 minutes ago, Gotham Kid said:

ugliest 1.8 in existence

And yet it sold for over $25K...........go figure that!!!  

That book should be restored. It is just too ugly in its current state.

[lou_fine]

Absolutely love this Flessel cover and a truly HTF book that rarely comes to market in this condition:  

Sadly, it just blew right past what I was willing to pay for it as it just finished up at almost $4K.   

[Bird]

I hope everyone had a great event auction but I hope I can mention that there is some nice GA in the coming Sunday auction (11/24-12/1).

 

I am hoping that those two, and quite a few others, do not get lost in the shuffle!

Take care everyone! Have a great Thanksgiving Day and week!

[lou_fine]

Well, it looks like the Cindy 37's are continuing their march upwards with this copy finishing up at $4,200 even withut any additional live bids:  

At this elevated price point, I would probably go much more for a book like this at a fraction of the price:

   

[Howling Mad]

Well I nabbed this. Always wanted a copy, or at least briefly. Seems like a good purchase in lieu of the 3.5 that sold earlier this year at $9K+.

[GreatCaesarsGhost]

1 hour ago, lou_fine said:

 

Just wondering something........what was everybody's expectation here as to where this copy of Batman 1 should have finished up at?  

[lou_fine]

Well, looks like that complete GGA cover run of Junior Comics must have finished in record price territory with all of them in the $3K+ range.     

Surprisingly, this recently particular hot issue finished up with the lowest price out of the entire run at only $3,120:  

 

[goldust40]

Finally got my hands on a Planet 2. Not in the best of shape, but not too bad. It'll certainly do.

[comicnoir]

8 minutes ago, lou_fine said:

Well, looks like that complete GGA cover run of Junior Comics must have finished in record price territory with all of them in the $3K+ range.     

Surprisingly, this recently particular hot issue finished up with the lowest price out of the entire run at only $3,120:  

 

I know. I was thinking of putting in a bid when I saw the relatively low price. Shoulda. Still shock from missing all the Baker OA.

[comicjack]

3 minutes ago, goldust40 said:

Finally got my hands on a Planet 2. Not in the best of shape, but not too bad. It'll certainly do.

I was watching that nice colors and a great book you did good 

[goldust40]

Just now, comicjack said:

I was watching that nice colors and a great book you did good 

Thanks mate. Only need #15 for the set. I've certainly taken my time completing it.

[comicjack]

The Diary Secrets 28 results was a surprise to me like 20 times guide 

[comicjack]

Just now, goldust40 said:

Thanks mate. Only need #15 for the set. I've certainly taken my time completing it.

The 15 is the tough and costly issue but they do come up 

[Howling Mad]

10 minutes ago, goldust40 said:

Finally got my hands on a Planet 2. Not in the best of shape, but not too bad. It'll certainly do.

I was watching this as well. That's a really nice 4.0 with super vibrant colors. I dig it!