RonS2112 Posted May 4, 2021 Share Posted May 4, 2021 Given the volatility and craziness surrounding prices in the 9.8 tier lately, I’m interested in the group’s take on the following: do 9.8 prices drive prices in lower grades? Or is 9.8 such “rarefied air” that it’s totally insulated from say, 5.0 to 7.0 pricing? Link to comment Share on other sites More sharing options...
JTD Posted May 4, 2021 Share Posted May 4, 2021 IMO...there is a trickle down effect that brings lower grades up also...”a rising tide lifts all boats”, kind of thing... snitzer and ExNihilo 2 Link to comment Share on other sites More sharing options...
Lazyboy Posted May 4, 2021 Share Posted May 4, 2021 They don't drive them, but they're likely to affect them. Link to comment Share on other sites More sharing options...
Popular Post Jesse-Lee Posted May 4, 2021 Popular Post Share Posted May 4, 2021 My take on it is there are two types of 9.8s - there are the 9.8s of big books that everyone wants to own. They drive prices of lower grades because people are drawn to the lower grades as they get priced out of a 9.8, or because they don't necessarily chase 9.8s but want to own a key book. Then there are 9.8s that are niche - someone wants to own a 9.8 run or set, but the book or usually the specific issue has little overall mass appeal. An example off the top of my head is some G.I. Joe issues. You'll see 9.8 prices in the high hundreds or even low thousands sometimes, and then a 9.6 is like $75. Those books don't usually trickle down value as far, if at all. Again, this is just my 2 cents based on observation. comicginger1789, Vince G, Iconic1s and 3 others 5 1 Link to comment Share on other sites More sharing options...
drotto Posted May 4, 2021 Share Posted May 4, 2021 I think 9.8's only drive prices on older key books. Those books have long standing value and form the foundation of comic collecting. They also tend to be very expensive and 9.8's are unobtainable for the average collector, so those collectors who want those books and are driven to them because of price and availability. Thus they do drive prices. With most modern books, people are only submitting for and going for 9.8's when they get them graded. You have a very skewed census due to this, and really only the 9.8's have value. In those books, it is only the high grade that have value, so they do not drive prices. JJ-4 1 Link to comment Share on other sites More sharing options...
serling1978 Posted May 4, 2021 Share Posted May 4, 2021 One thing is sure, all those 9.8 X-men #1's from 1963 are definitely driving up the price of all the other X-men #1's lately. valiantman, rexinnih and silverseeker 1 2 Link to comment Share on other sites More sharing options...
djzombi Posted May 4, 2021 Share Posted May 4, 2021 4 hours ago, Jesse-Lee said: My take on it is there are two types of 9.8s - there are the 9.8s of big books that everyone wants to own. They drive prices of lower grades because people are drawn to the lower grades as they get priced out of a 9.8, or because they don't necessarily chase 9.8s but want to own a key book. Then there are 9.8s that are niche - someone wants to own a 9.8 run or set, but the book or usually the specific issue has little overall mass appeal. An example off the top of my head is some G.I. Joe issues. You'll see 9.8 prices in the high hundreds or even low thousands sometimes, and then a 9.6 is like $75. Those books don't usually trickle down value as far, if at all. Again, this is just my 2 cents based on observation. I second all of this. Vince G 1 Link to comment Share on other sites More sharing options...
the blob Posted May 4, 2021 Share Posted May 4, 2021 A little bit, sure. But there is no precise ratio for sure. And what do you mean by "lower"? 2.0 or 9.6? Link to comment Share on other sites More sharing options...
Iconic1s Posted May 5, 2021 Share Posted May 5, 2021 11 hours ago, Jesse-Lee said: Then there are 9.8s that are niche - someone wants to own a 9.8 run or set, but the book or usually the specific issue has little overall mass appeal. An example off the top of my head is some G.I. Joe issues. You'll see 9.8 prices in the high hundreds or even low thousands sometimes, and then a 9.6 is like $75. Those books don't usually trickle down value as far, if at all. Again, this is just my 2 cents based on observation. +1 Link to comment Share on other sites More sharing options...
MB1952 Posted May 5, 2021 Share Posted May 5, 2021 CGC 9.6 is the new 9.8 price difference so wide. picked up so many 9.6 key spidey's now double in value and climbing. some cgc 9.6 are better looking them some 9.8 1950's war comics and F For Fake 2 Link to comment Share on other sites More sharing options...
F For Fake Posted May 5, 2021 Share Posted May 5, 2021 54 minutes ago, MB1952 said: CGC 9.6 is the new 9.8 price difference so wide. picked up so many 9.6 key spidey's now double in value and climbing. some cgc 9.6 are better looking them some 9.8 I've been buying 9.6's for the personal collection lately. Some very good deals, depending on what you're looking for. But with the stuff i'm personally picking it up, it feels like the 9.6's are gaining steam a stack well. It's about time, a lot of beautiful books sitting in 9.6 cases out there. MetalPSI , djzombi and MB1952 3 Link to comment Share on other sites More sharing options...
1950's war comics Posted May 5, 2021 Share Posted May 5, 2021 5 hours ago, MB1952 said: CGC 9.6 is the new 9.8 price difference so wide. picked up so many 9.6 key spidey's now double in value and climbing. some cgc 9.6 are better looking them some 9.8 yep CGC 9.6 is the way to go the most commonly collected grade in the classic coin hobby is "fine" picon3 and FoggyNelson 1 1 Link to comment Share on other sites More sharing options...
the blob Posted May 5, 2021 Share Posted May 5, 2021 9 hours ago, F For Fake said: I've been buying 9.6's for the personal collection lately. Some very good deals, depending on what you're looking for. But with the stuff i'm personally picking it up, it feels like the 9.6's are gaining steam a stack well. It's about time, a lot of beautiful books sitting in 9.6 cases out there. If someone could please do an analysis of the trends on 100 or so books and whether gains in 9.6 have matched 9.8 gains i would love to see it. It does "feel" like the 9.8s have popped more, but that is totally anecdotal. F For Fake 1 Link to comment Share on other sites More sharing options...
F For Fake Posted May 5, 2021 Share Posted May 5, 2021 23 minutes ago, the blob said: If someone could please do an analysis of the trends on 100 or so books and whether gains in 9.6 have matched 9.8 gains i would love to see it. It does "feel" like the 9.8s have popped more, but that is totally anecdotal. Yes, exactly, I can only speak for the specific things I'm watching. Link to comment Share on other sites More sharing options...
the blob Posted May 5, 2021 Share Posted May 5, 2021 10 minutes ago, F For Fake said: Yes, exactly, I can only speak for the specific things I'm watching. the guy who finds the shill bidding should do this. he is very methodical. anyone but me. yeah, i definitely feel tempted on some of the 9.6 books. i might be able to afford my goon 1 in 9.6, although 9.4 is more realistic. and at 9.4 you do sometimes get some books that have issues. F For Fake 1 Link to comment Share on other sites More sharing options...
F For Fake Posted May 5, 2021 Share Posted May 5, 2021 22 minutes ago, the blob said: the guy who finds the shill bidding should do this. he is very methodical. anyone but me. yeah, i definitely feel tempted on some of the 9.6 books. i might be able to afford my goon 1 in 9.6, although 9.4 is more realistic. and at 9.4 you do sometimes get some books that have issues. Yes, with 9.4's it's definitely a case by case basis, and the flaws tend to be more pronounced. Some flaws bother me more than others. I hate spine dings, but corners being a little soft is not a dealbreaker for me. Some books I'd pass on at 9.4, and others I'd be delighted to have, just because the nosebleed grades have gotten so far out of my comfort zone. 9.8s for many of the things I'm chasing have gotten prohibitively expensive, especially in the current market. I'm not buying ANY real "investment grade" 9.8's right now, at least not for a while. But I've managed to find a few things in 9.6 that were 1/2 or 1/3 of the price of the 9.8's, and to the naked eye, look pretty amazing. But, again, this is just stuff for my personal collection, and a lot of the stuff I like is pretty far off of the radar of what is hot these days. Link to comment Share on other sites More sharing options...
THE_BEYONDER Posted May 5, 2021 Share Posted May 5, 2021 (edited) 22 minutes ago, F For Fake said: Yes, with 9.4's it's definitely a case by case basis, and the flaws tend to be more pronounced. Some flaws bother me more than others. I hate spine dings, but corners being a little soft is not a dealbreaker for me. Some books I'd pass on at 9.4, and others I'd be delighted to have, just because the nosebleed grades have gotten so far out of my comfort zone. 9.8s for many of the things I'm chasing have gotten prohibitively expensive, especially in the current market. I'm not buying ANY real "investment grade" 9.8's right now, at least not for a while. But I've managed to find a few things in 9.6 that were 1/2 or 1/3 of the price of the 9.8's, and to the naked eye, look pretty amazing. But, again, this is just stuff for my personal collection, and a lot of the stuff I like is pretty far off of the radar of what is hot these days. When you can buy 3 9.6s for the same price as a 9.8, it seems crazy to buy the 9.8 even if you can afford it. Buy 3 copies in 9.6 instead . Edited May 5, 2021 by THE_BEYONDER Jesse-Lee, F For Fake and MB1952 2 1 Link to comment Share on other sites More sharing options...
MB1952 Posted May 5, 2021 Share Posted May 5, 2021 (edited) So true, before the big prices jump there was a boardie selling several copies Spidey#300 CGC 9.6 for $600. which I picked one for my PC. Edited May 5, 2021 by MB1952 F For Fake and THE_BEYONDER 2 Link to comment Share on other sites More sharing options...
rexinnih Posted May 5, 2021 Share Posted May 5, 2021 Overall feel there is the rising of all boats on many keys and some non-keys. Before when I submitted a bunch for grading, I was happy when I got a 9.8 or two from the bunch before embracing pressing. I feel with some prices for 9.8 going beyond many people's reach, 9.6 is gaining. 9.2 is what I see Overstreet max at so always feel 9.4 is the red headed stepchild of higher grades. Link to comment Share on other sites More sharing options...
