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When will the next unrestored Tec #27 come to auction?
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Started by Wayne-Tec,

1,086 posts in this topic

Crowzilla

Crowzilla

Posted
Posted
4 hours ago, Professor Chaos said:

Wow I'm really surprised they sold the 6.0 before the 7.0 auction was over. Petty thinking I know but I would say if the 7.0 ends at around 1.1 million or more that the new owner of the 6.0 got a fair deal. Even if the 7.0  ends at 1 Million he/she (I just wrote "she" to be politically correct, I mean C'mon) still did ok. If the 7.0 ends at some high price like 1.3 million or more then the new owner of the 6.0 got a great deal. 

 

As stated above, the 7.0 needs to end at least at 1.35 million to reach the same percentage of guide the 6.0 sold for.

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woowoo

woowoo

Posted
Posted
6 minutes ago, Crowzilla said:

As stated above, the 7.0 needs to end at least at 1.35 million to reach the same percentage of guide the 6.0 sold for.

But the 6.0 looks better so it needs to be upgraded :whatthe:

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Professor K

Professor K

Posted
Posted
3 hours ago, Mmehdy said:

I think the seller of the 6.0 said "a bird in the hand is better than two in the bush:" type thinking and it is a record price and I agree with the move to sell it before the 7.0 sale. We are at a crossroads here that may determine a number of books in less than perfect condition will start being considered at the 1 million dollar level. I would say this uptick in market prices and demand is not coming from "old time" collectors in the majority but speculators who are considering the best of the GA high grade Keys to be merely investment widgets to turn a profit from. Long term it does  NOT give a rock solid foundation in which these prices will never go down, on the contrary is vastly increases the risk of true GA comic book value( among true collectors) will be subject to market swings tied to the economy of the world, rater than this slow 50 years solid foundation increases which have built out GA/SA comic book world today. I know things are always gonna change...but for me I would be very careful in spending a million dollars on any GA/SA key under 8.0 unless white pages and it is a solid grade evaluation.. This is really big risk here on both the 6.0 850K  purchase price plus tax and 7.0 if above a million plus sales tax long term.

Sorry you lost me at "think". Seriously though very insightful post. 

33 minutes ago, Crowzilla said:

As stated above, the 7.0 needs to end at least at 1.35 million to reach the same percentage of guide the 6.0 sold for.

Yep I saw that after I wrote my stuff. Are you sure that's right? Even at those prices just under 300K more seems like too much for a one grade bump. I'm still a little surprised the 6.0 sold with the 7.0 on the block. I suspect the new owner must think the 7.0 is going to really go sky high. 

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tth2

tth2

Posted
Posted
11 hours ago, tfish1 said:

ya think?

Vincent Zurzolo -- co-owner of ComicConnect, which managed the sale -- says the comic probably would have gone for even more if it was in better condition, but it's only a 6 out of 10 on the CGC grading scale.

 

Was it Vincent Zurzolo saying this, or his alter ego Captain Obvious?

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KCOComics

KCOComics

Posted
Posted
12 hours ago, DanCooper said:

Christine Farrell. Her name has been mentioned here in the past on the boards (especially by Ian!)

Polar opposite of Ian's approach. Low key, under the radar.

Here was the Scoop write up on the completion from 2004 (name not mentioned. Neither is gender. Does that even matter?)

https://scoop.previewsworld.com/Home/4/1/73/1023?articleID=46453

Great article. I love the way she did it! Going to shops and shows and making connections with dealers. 

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G.A.tor

G.A.tor

Posted
Posted
21 hours ago, LDarkseid1 said:

I wonder what the owner made after commission. I mean I guess I wonder if CC took a smaller one to make it work. Seller must been the one who previously bought it for $732K.

Vincent owned it so maybe he paid himself a commission?

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woowoo

woowoo

Posted
Posted (edited)
3 minutes ago, Chicago Boy said:

Now I’m wondering if it really sold.....just me being a conspiracy theorist unless anyone knows the new owner 

16m  · 
 
My company, ComicConnect just sold a Detective 27 for $850k. Record Sale in Grade!
 
 
 
 
Edited by woowoo
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Gotham Kid

Gotham Kid

Posted
Posted
3 minutes ago, Chicago Boy said:

Now I’m wondering if it really sold.....just me being a conspiracy theorist unless anyone knows the new owner 

All over TMZ, nothing on CC/Metro site

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Chicago Boy

Chicago Boy

Posted
Posted
49 minutes ago, woowoo said:
16m  · 
 
My company, ComicConnect just sold a Detective 27 for $850k. Record Sale in Grade!
 
 
 
 

I have my doubts.  if he owned it and announced it to the press that is not enough for me to believe it actually sold. I’d want to hear from trusted boardies that they know the new owner.  

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