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Speedy-D (7/17/2008)
For sellers I guess it'd retain value in that they're just going to resell the thing. But still, ultimately the plan is for the comic to wind up in a collector's hands who's going to hold onto it and consider it his/her possession. Again, the value diminishes quickly. No, the value DOES NOT diminish. That's one of the points. Whether you choose to resell or not, the value is RETAINED because there is a universally accepted appraisel.
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KingOfRulers (7/17/2008)
I'd be willing to bet that EVERY collector on the boards who spends significant dollar amounts on Silver Age or Golden Age books, has several restored books in their collection and don't even know it. I agree. I've gotten books from reputable dealers that have had minor work undisclosed (that actually wouldn't impact the grade category they were in at least) and that may be because they can't go over every single book with a magnifying glass. The work I'm talking of here is stuff like restapled and/or married pages on books less than $35 in their grade. I doubt they would be as lax with higer grade, higher valued books, but the possibility is always there that they might miss something as some work is not easy to detect.
Aaron
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Master Collector
        
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KingOfRulers (7/17/2008)
Speedy-D (7/17/2008)
For sellers I guess it'd retain value in that they're just going to resell the thing. But still, ultimately the plan is for the comic to wind up in a collector's hands who's going to hold onto it and consider it his/her possession. Again, the value diminishes quickly.
No, the value DOES NOT diminish. That's one of the points. Whether you choose to resell or not, the value is RETAINED because there is a universally accepted appraisel.
You misunderstand me, my Lord. I'm not in this for the money. As far as I'm concerned, the value of my comics is other than dollars. That's what I was trying to say before. I'm not planning on reselling, and if I ever do, I have no doubt that most of my comics will be worth less than I paid, and I'm cool with that. Some of the comics that I value the most, ones that I keep in nice mylar and everything, ain't worth shite. The graded books that I've gotten, I've bought because I think they look cool, not because I think they're worth more money. They're not worth more money. I paid less than raw book value for every single one.
The only graded book that I feel otherwise about is my Flash 105. It was so expensive that the only way I could justify the purchase was by telling myself that I could sell it later on if I needed to. In this one case, I acted more like a potential seller. But other than this instance, I do not have a seller's mentality. I buy the comics for fun, and the added "fun" I get out of graded books is minimal.
As for the "myth" that a comic is worth double if it's professionally graded, I offered that up as a super generalization. It seems to have irked you, so I'm sorry. But it is fair to say that a comic, if professionally graded, will almost always sell for more than that same comic in the same condition, if it were not professionally graded. How much more depends on the value/scarcity of the comic, and the grade it's given.
Actually, now that I think about it, maybe that's not true. I'm sure I'm not the only person who's not willing to pay more for most graded comics, so maybe that really is a myth. Y'know, I see tons of graded comics on ebay, low grade common comics, and I always wonder who's wasting their money paying CGC's crazy prices for something like that. Maybe the people paying that price are the real suckers falling for the "myth."
A couple examples:
Flash 325 on ebay for $50
Flash 326 on ebay for $50
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what do I got? see for yourself: http://www.comicspriceguide.com/world/default.asp?m=Dgintis
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A True Collector
        
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Speedy-D (7/17/2008)
KingOfRulers (7/17/2008)
Speedy-D (7/17/2008)
For sellers I guess it'd retain value in that they're just going to resell the thing. But still, ultimately the plan is for the comic to wind up in a collector's hands who's going to hold onto it and consider it his/her possession. Again, the value diminishes quickly.
No, the value DOES NOT diminish. That's one of the points. Whether you choose to resell or not, the value is RETAINED because there is a universally accepted appraisel.
You misunderstand me, my Lord. I'm not in this for the money. As far as I'm concerned, the value of my comics is other than dollars. That's what I was trying to say before. I'm not planning on reselling, and if I ever do, I have no doubt that most of my comics will be worth less than I paid, and I'm cool with that. Some of the comics that I value the most, ones that I keep in nice mylar and everything, ain't worth shite. The graded books that I've gotten, I've bought because I think they look cool, not because I think they're worth more money. They're not worth more money. I paid less than raw book value for every single one.
The only graded book that I feel otherwise about is my Flash 105. It was so expensive that the only way I could justify the purchase was by telling myself that I could sell it later on if I needed to. In this one case, I acted more like a potential seller. But other than this instance, I do not have a seller's mentality. I buy the comics for fun, and the added "fun" I get out of graded books is minimal.
As for the "myth" that a comic is worth double if it's professionally graded, I offered that up as a super generalization. It seems to have irked you, so I'm sorry. But it is fair to say that a comic, if professionally graded, will almost always sell for more than that same comic in the same condition, if it were not professionally graded. How much more depends on the value/scarcity of the comic, and the grade it's given.
Actually, now that I think about it, maybe that's not true. I'm sure I'm not the only person who's not willing to pay more for most graded comics, so maybe that really is a myth. Y'know, I see tons of graded comics on ebay, low grade common comics, and I always wonder who's wasting their money paying CGC's crazy prices for something like that. Maybe the people paying that price are the real suckers falling for the "myth."
A couple examples:
Flash 325 on ebay for $50
Flash 326 on ebay for $50
Seller's know this which is one of the main reasons slabbing books is so popular. Why the hell do people think there are so many crap comics or moderns right off the press being slabbed? Are buyers needing the confidence of knowing their Captain Carrot #2 is graded properly and not restored? Of course not.
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*shrugs*....im not high brow enuff for CGC......i dont drink enuff tea with my pinkie extended correctly 
It all just depends on what you like...with all the CGC snobs out there...it just mean more of an open market for ungraded books.....ive been picking up deals left and right because there are those people out there that wont by anything but graded books...and thats fine.....more for me to snag at lower prices....
and jesus christ........just because i used the term snob with CGC (it was an attempt at humor)......does not mean thats what i think of all CGC collectors...just the ones that have to have every issue a 9.8....like the idiot that bought BMX's books.......
 
My Little Comic Space
Remember, Kly’Bn loves you, baby.
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6985 Legacy Posts
        
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Last Login: Today @ 3:24:41 PM
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Speedy-D (7/17/2008)
KingOfRulers (7/17/2008)
Speedy-D (7/17/2008)
For sellers I guess it'd retain value in that they're just going to resell the thing. But still, ultimately the plan is for the comic to wind up in a collector's hands who's going to hold onto it and consider it his/her possession. Again, the value diminishes quickly.
No, the value DOES NOT diminish. That's one of the points. Whether you choose to resell or not, the value is RETAINED because there is a universally accepted appraisel. You misunderstand me, my Lord. I'm not in this for the money. As far as I'm concerned, the value of my comics is other than dollars. That's what I was trying to say before. I'm not planning on reselling, and if I ever do, I have no doubt that most of my comics will be worth less than I paid, and I'm cool with that. Some of the comics that I value the most, ones that I keep in nice mylar and everything, ain't worth shite. The graded books that I've gotten, I've bought because I think they look cool, not because I think they're worth more money. They're not worth more money. I paid less than raw book value for every single one. The only graded book that I feel otherwise about is my Flash 105. It was so expensive that the only way I could justify the purchase was by telling myself that I could sell it later on if I needed to. In this one case, I acted more like a potential seller. But other than this instance, I do not have a seller's mentality. I buy the comics for fun, and the added "fun" I get out of graded books is minimal. As for the "myth" that a comic is worth double if it's professionally graded, I offered that up as a super generalization. It seems to have irked you, so I'm sorry. But it is fair to say that a comic, if professionally graded, will almost always sell for more than that same comic in the same condition, if it were not professionally graded. How much more depends on the value/scarcity of the comic, and the grade it's given. Actually, now that I think about it, maybe that's not true. I'm sure I'm not the only person who's not willing to pay more for most graded comics, so maybe that really is a myth. Y'know, I see tons of graded comics on ebay, low grade common comics, and I always wonder who's wasting their money paying CGC's crazy prices for something like that. Maybe the people paying that price are the real suckers falling for the "myth." A couple examples: Flash 325 on ebay for $50Flash 326 on ebay for $50 To be fair, those Flash books have not sold for $50. I'm not sure what 9.2 is on them, but it is customary for 9.4s of any book to get about 2x what 9.2s go for. Are graded books any less fun books than raw ones? An X-men #1 raw or certified would give me the same enjoyment. They are the same book, only one has been professionally graded. If it is a given that a certain book gives you enjoyment, then why would it matter if it is graded or not? In either case you have the book and can do what you will with it. I get no added fun out of either of them. I have tried to read the X-men #1 story numerous times by the way, and everytime it is just horrible, so I am not even looking to read it. 
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KingOfRulers (7/18/2008)
Are graded books any less funbooks than raw ones? An X-men #1 raw or certified would give me the same enjoyment. They are the same book, only one has been professionally graded. If it is a given that a certain book gives you enjoyment, then why would it matter if it is graded or not? In either case you have the book and can do what you will with it. I get no added fun out of either of them. I have tried to read the X-men #1story numerous times by the way, and everytime it is just horrible, so I am not even looking to read it. 
That's exactly what I'm saying. They're not that much more fun, or more satisfying, or whatever the right word is. And reading them isn't necessarily the fun of it either, strangely enough. There a bunch of comics I have that I really love, but I have no desire to actually read. Some I get just for the covers, and I've bought tons of Carmine Infantino comics just for the art, even though the stories are rubbish. Not Adam Strange though, those are fun to look at and to read too.
As for Cpt. Carrot #2, I got an ungraded restored 6.5 that looks pretty good, and it was a total steal. Take that, CGC!
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