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Collector
 
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| I was just thinking that the extreme markup shouldn't last forever right? It seems the market should reach a point where there will be so many CGC graded books that supply and demand should start dropping the graded books to bring them back to some sanity level. CGC has only been around for what 8 years? I'm wondering what happened to the coin market? Have prices started to drop from their graded vs raw? GG
I was Captain America when Captain America wasn't cool
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Collector
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| That's what I mean though, how long do you think people will be willing to pay exhorbatantly more, it just seems to me that sooner or later CGC prices/values will start to fall relative to raw books. I could be way off base here though. GG
I was Captain America when Captain America wasn't cool
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I don't think people are paying exhorbatantly more for slabbed books. People are just paying exhorbatantly LESS for raw books. It is unknown factors that come with buying raw books that keeps many raw books from realizing their value.
"Give me liberty or give me death!" -Patrick Henry
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Collector
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| Interesting point of view. GG
I was Captain America when Captain America wasn't cool
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Enthusiast
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I don't think the premium will drop. It's another way to collect, it adds another dimension of the "hunt" to collecting for some people. Not only do people have to locate the book, but they have to locate it in a certified grade that appeals to them.
A lot of people don't get this or approve -- they call these collectors label chasers, etc., in an effort at defamation. But, it is what it is. It's not any less true because some people don't like it. I say it's fine -- whatever floats your collecting boat...
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Elite Collector
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| I somewhat agree with KoR on this but not completely. For Silver and Bronze age books people are paying multiples of guide for 9.4's 9.6's and 9.8's and such but you have to remember that Overstreet only values books up to 9.2 so it should be expected that these books should sell for some percentage over "guide" This is really key because I think many people forget this. Now, when it comes to Golden age books you have to realize that after 8 years of slabbing there are many titles whether they be popular ones or not that when you look at the census numbers often times the highest graded copy is 8.0 or less. Even my slabbed copies of Jungle Action which can be seen in the back issue thread are top census copies and one is graded 7.0 and the other 6.5 Add to this that many titles (popular or not) certain issues have never been graded which leads to a question of scarcity. The more scarce a book is the more people are going to pay for it whether it's raw or slabbed especially if that book is in a particularly high grade. Many Golden age books that guide for lets say $500 will frequently sell for 3 times that or more even if they are raw due to scarcity. Now to answer the initial question, yes I think that slabbed books will always command a premium but only under these conditions: Scarcity Demand Grade After all, no one wants a Team America book no matter what the grade.
  Always looking for Giant-Size Marvels and Extreme High Grade Vampirella's
Savage Sword of Conan Magazines needed VF++ or better: 18, 30, 31, 32, 33, 36, 55, 61, 98, 129, 132, 134, 141, 143, 145, 151, 171, 179, 191, 192, 194, 196-211, 215, 216, 217, 218, 221, 222, 223, 224, 226, 227, 228, 229, 235
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Forum Member
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| One would think that the current high premiums for slabbed books would cause more folks to slab their books, in hopes of realizing that gain. This would then decrease the scarcity factor, presuming of course that enough higher grade books were slabbed. For the sake of this discussion let's say that what, 1% of books 9.4 and higher, are graded and slabbed. if that number were to increase to maybe 5% one would think the premium would shrink some.
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Collector
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| Buffyfan and HHHarry are basically going where I was going with my question. The law of supply and demand should cause slabbed book prices to come down as compared to raw books as more of them are submitted. For example if you have 1,000 Amazing Spiderman #1 in CGC 9.8 instead of only 1 obviously the CGC prices of that book will drop. It's just a matter of when or if the people that are holding onto those raw books start submitting them. GG
I was Captain America when Captain America wasn't cool
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Enthusiast
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| It'd even out the 9.6 and lower graded books some. 9.8s and above would probably rise because it would become more apparent the relative scarcity of the books in proportion to the 9.6 and down grades.
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