Dropped CGC Slab Comic Damage 0

[bcgocubs]

I had a slab drop from my wall and the comic sustained some minor damage on the corner. Nothing huge and could be easily pressed out, however if it were to be graded today it would not stay at the same grade. How does this affect the value of the comic? Pics are attached

[Ryan.]

That'll drop the value 13.89%

[KCOComics]

As Ryan so eloquently pointed out, it's hard to determine an exact value. It depends on the book and the grade. 

I'm sure many people wouldn't point that out to potential buyers, so I hope you do. 

[bcgocubs]

You think people would still pay close to 9.6 prices for it? What’s your experience? I’m worried my investment went down hundreds of dollars

[jokiing]

42 minutes ago, bcgocubs said:

You think people would still pay close to 9.6 prices for it? What’s your experience? I’m worried my investment went down hundreds of dollars

If it's no longer a 9.6 then the obvious answer would be no, especially if a grade drop means "hundreds of dollars". As mentioned above, without knowing the book, advice is limited.

The damaged shown has the potential of being fixed. Any damage to the front cover?

[joeypost]

Why would you be placing an item that is worth close to a thousand (or more dollars) on your wall unsecured?

[bcgocubs]

4 hours ago, jokiing said:

If it's no longer a 9.6 then the obvious answer would be no, especially if a grade drop means "hundreds of dollars". As mentioned above, without knowing the book, advice is limited.

The damaged shown has the potential of being fixed. Any damage to the front cover?

Nope front cover is good. Pretty sure a press and reholder would bring it back to shape. I think it should be good after thinking about it for a while

 

its a Venom 3 CGC 9.6 2x SS

 

Edited September 6, 2020 by bcgocubs

[bcgocubs]

39 minutes ago, joeypost said:

Why would you be placing an item that is worth close to a thousand (or more dollars) on your wall unsecured?

A combination of inexperience and assuming that permanent mounting tape actually works

[Math Teacher]

18 hours ago, bcgocubs said:

A combination of inexperience and assuming that permanent mounting tape actually works

Remember, when you assume something, you make an *** out of you and me.

Edited September 6, 2020 by Joe Ankenbauer

[theCapraAegagrus]

It's worth what someone would be willing to pay for it. In this case, as usual, I would be buying the book and not the label.

[The Lions Den]

It does appear to be a good candidate for a press/reholder. Good luck!  

[StreetPreacher]

On 9/5/2020 at 2:48 PM, bcgocubs said:

You think people would still pay close to 9.6 prices for it? What’s your experience? I’m worried my investment went down hundreds of dollars

That's an interesting question I was going to bring up.  If a 9.8 book sustains damage AFTER it's been sealed, then is it still a 9.8?  I guess it depends on the honesty of whoever sells the thing to mention that the book was damaged after grading?

[joeypost]

At that point the label states its a 9.8, but in reality the book sustained damage after the fact. 

From a pure technical standpoint the book is no longer a 9.8. If you wanted to get more technical, some books in 9.8 slabs aren't 9.8's without sustaining post encapsulation damage.