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voxigenboy
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Posted 7/13/2012 4:03:08 AM
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Group: Awaiting Activation
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I realize any Batman or Spider-Man CGC is going to be over priced due to the new films, but in general it seems CGC's are way over priced on Ebay.
For instance, there's a Batman #497 that's CGC 9.8 someone's trying to sell for $59.99, yet the price guide says it's worth a little over $16.
Then there's an Uncanny X-Men #173 CGC 9.8 someone's trying to sell for $97 when the guide says $40.
The funny thing to is whenever I see a "best offer", I'll occasionally msg the seller explaining the price guide value and offering that for the comic and the offer's always declined.
What the heck's going on here? (A side from the fact that it's Ebay)
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eisley
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Posted 7/13/2012 4:17:10 AM
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Group: Forum Members
Last Active: 1/27/2013 7:17:38 PM
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it takes time for the guide to adjust, and one or two overpaid sales generally wont move it. In addition, what people are listing for, isnt a sale until someone willing to pay it, does.
Ebay is full of rip off artists, hoping for some uninformed person to get taken. The highest end CGC books create a false sense of rarity, and that's were the most money can be made "flipping" books to other speculators.
Before you buy anything, make sure of three things:
1.) the book is worth what you are paying TO YOU
2.) check previous auctions (ebay, heritage, etc) to see what other people have paid previously for the same book/grade/CGC etc
3.) check sites like milehighcomics, mycomicshop, etc to see what non-CGC versions in the same grade are selling for, and if they are available. (then CGC it yourself if you care)
7/13/2012 4:17:58 AM by
eisley
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oxbladder
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Posted 7/13/2012 8:23:31 AM
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Group: Forum Members
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Most books on eBay are over-priced and over graded. That being said the guide may be low on the market value. Guides are just that guides there is no way in heck that a price guide could be 100% accurate to the market.
As an aside one of the other reasons you see high prices for graded material on eBay, etc. is because the majority of people believe that ALL graded books command a premium. This is a complete fiction. If you see a graded book sitting with a BIN that seems high compared to the rest of the market it probably because it is. Collector's have a hard time taking less for a book than the record or high prices. I think most BIN CGC or high starting prices for more recent books than the 1970 is probably a good sign that the market has slowed or tanked and you shouldn't bite.
For a spell I was trying to make a set of the first two X-23 series in CGC 9.8. The problem was that even when the market tanked or the sellers were down to their last copies they just kept hiking the price. Some of the 9.8's for the first two X-23 minis have been on the market for a few years now with really high BINS and there they will remain losing their owners money until some sucker comes along and drops a premium on a book that has no right having any premium on.
Like any "raw" book it is buyer beware. Don't pay a premium if you don't need to.
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hammershipdown
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Posted 7/13/2012 9:11:38 AM
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Group: Forum Members
Last Active: 6/16/2013 8:33:20 AM
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You should also keep in mind that getting a book graded by CGC is rather expensive in its own right. a modern book at 18.00, plus shipping to CGC, plus return shipping, plus there 5.00 fee.... As CS member I get a small discount, but it still runs 30-40 bucks for a graded book - I can get it down to 20-25 in a bulk order....
So, cost of grading, plus the purchase of the book - you're looking at 30-50 bucks, so, yes, the comic price guides are too low on a lot of these...!!! Again, it really depends on the book & audience for that book.
I'm a newbie, my first submission to CGC included 15 books which graded 9.4 to 9.8 (4 - 9.8's in all) - i thought they were all 9.8's... newbie fool...
so, to me, it's worth buying a pre-graded book, spending more because it might take "me" several tries to get that 9.8 - (and a 9.6 or 9.4 modern book just doesn't sell well... minus a few exceptions....)
All in all, any CGC 9.8 graded book under 40 bucks is a good deal, in my opinion - but I say that with the idea in mind, you are buying for yourself... eBay is a great source, be patient is the key - you'll see good, bad, ugly and awesome deals.
Example: i've seen "this" book list for 80.00 - buy it now for years.... then one day it goes to auction starting at 49.99 - no one buys it, then it goes on auction for 39.99 & sells for 60.00 bucks.... could of had it for 10 bucks cheaper the week before.... I've also seen buy it nows cheaper than auctions at the same time.... ultimately, as someone said before, it's worth what you'll pay....
"So Say We All!"
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Juno Beach
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Posted 7/13/2012 9:27:20 AM
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Group: Forum Members
Last Active: 8/18/2012 6:59:12 PM
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Just because somebody paid $30-50 to have a comic graded does not add $30-50 to the value of the comic, in my opinion. I'm not going to pay $36 for a comic worth a dollar because you paid $35 to get it graded.
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oxbladder
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Posted 7/13/2012 10:26:09 AM
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Juno Beach (7/13/2012)
Just because somebody paid $30-50 to have a comic graded does not add $30-50 to the value of the comic, in my opinion. I'm not going to pay $36 for a comic worth a dollar because you paid $35 to get it graded.
Yep. The decision to spend that money was the owner's not the buyers. I will not pay cover the owner's cost unless the market shows that it may be necessary. I have paid premium for some graded books but not because they were graded but that was how much I was willing to pay for the book and the market usually showed I would have to pay a premium. I have done the same for raw books.
Experience has shown that unless I am hunting for a super high grade copy there is no reason to pay CGC premiums when you can be patient and often get a similar graded book for much less raw. Nothing saves one more money than watching the market and being patient instead of impulsive. You will find too that when it comes to some books you ay have to fork out the same premiums for raw copies.
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My Website
7/13/2012 10:26:25 AM by
oxbladder
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demyztikx
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Posted 7/13/2012 10:38:28 AM
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Group: Moderators
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Juno Beach (7/13/2012)
Just because somebody paid $30-50 to have a comic graded does not add $30-50 to the value of the comic, in my opinion. I'm not going to pay $36 for a comic worth a dollar because you paid $35 to get it graded.
QFT
Was going to just say this.If the raw book is worth $1, and you pay $30 to make it be worth $16, you made a bad deal. It doesn't automatically make your book worth $31. Just like if you get a great deal on NFL SuperPro #1 raw 9.8 for only $20, it doesn't ever make it worth $20... ever.
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My Gaming Blog (Seeking Grim Ghost #0 Sketch)
7/13/2012 10:42:42 AM by
demyztikx
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bblack008
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Posted 7/13/2012 10:41:55 AM
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One of the things I like to do if it is an expensive (key) book to begin with, I look for comics with a higher starting price that is actually significantly less than the guide price. If the auction is a .99 cent no reserve, it'll get a ton of watchers and generate buzz; it might even go for more than the current market value.
However, if it starts off at somewhere around 50% or so of market value, less people will take a look at it and you might get a good deal. For example, I just bought a ASM 135 VF/8.0 (raw) that started at $28 (with shipping). I ended up purchasing it for around $35 (don't like saying I 'won' something on ebay; to me it's still a purchase as real money is going out of my bank account). And, luckily, the grade is right around 8.0 (just got it the other day-it's pretty sweet) so I got a decent deal on it. I know it wasn't an amazing deal like some of these that I read about on this site (reading about some of them keeps hope alive for me), but that's one way I've found what I feel like are good deals.
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hammershipdown
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Posted 7/13/2012 12:27:13 PM
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Group: Forum Members
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What I was suggesting is that if you want a modern CGC 9.8 graded book, it's probably going to run 30-50 for a decent deal. Under 30.00, I think, is very impressive on the eBay market... or anywhere else for that matter. Many of these books values are listed under that - 16.00 to 24.00 in the cpg. Raw is an entirely different story - depends on the collector's tastes. I quite enjoy collecting both.
"So Say We All!"
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sclingerman
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Posted 7/13/2012 12:37:23 PM
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Group: Forum Members
Last Active: 6/13/2013 8:42:49 AM
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if you get a great deal on NFL SuperPro #1 raw 9.8 for only $20
WHOA... Whoa... whoa......
You ONLY paid $20 for your copy of the greatest comic ever printed????? I GOT RIPPED OFF!!!!!
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Oh please, you couldn't even turn into Bill Bixby.
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