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Forum Member
 
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Last Login: 3/7/2010 3:31:48 PM
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When books like Champions #1 9.6 goes for $125! Its $45 unslabbed in Overstreet. Mirconauts #1 9.8 goes for $65! Its a $3-5 book!
Those are two examples of the new market. A market where values are based on condition of the book, not on popularity or historical significance.
Why has the market gone to batty?
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Elite Collector
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As much as I am a critic of CGC I will be the first to point out that CGC had NOTHING to do with setting these prices. They only grade the books. It is those people who spend that kind of money on slabbed books that you should be questioning. Frankly I laugh at some of the prices people will pay for high grade slabbed books from 1968 on since I guarantee you that few if any people would actually agree a book is 9.4 or higher outside of the slab and even if they did would they pay the prices they do. So essentially they are spending hundreds or thousands on a hard case, a label, and opinion on a grade from three people they wouldn't know from Adam.
Sadly though I have had to play this game a few times and have paid lots of money to get books I want and are not of historical significance.
BTW not all expensive books are necessarily historically significant.
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Elite Collector
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First off, multiples of guide have always been paid for very high grade books, check into it, it's fact. Secondly, why are you hating on the Champions again!
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Forum Member
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I am not hatin on the Champions. I like them & plan to buy that entire run. But thats a valid example.
Another valid example is Spawn. There are millions of these books. it is a $5 book at best! How the hell does a 9.8 spawn #1 go for $100?
Same goes for the McFarlane Spider-Man #1 bagged & unbagged. Millions of those around.
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Elite Collector
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Basically people are buying the label and case and opinions of three people they don't know from Adam. They find value in that. I don't see the logic but if they want to pay over a hundred dollars for Champions #1 then that's their choice. If it's not your money then why would you care?
IMO eventually there will be a huge "price adjustment" to slabbed books ... it's just going to take a while.
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Elite Collector
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| I completely agree with the example of Spawn #1, and any moderns of no importance that have a huge run and are initially marketed to collectors(last twenty years or so) being VERY over valued in slabbed HG. However, with older issues I think some of the prices are fair. There aren't many very high grade examples of some older books. I'm not sure of the censenus on Champions #1(as an example) but the reality of it is that few very HG books exist of an issue from that time period as compared to something modern. I think where Champions #1 start going into a more obscure importance, it certainly has promience over something like Thor #231, or Marvel Team-Up #62, where in high grade they fetch many many multiples of guide. I buy slabbed books for grade assurance, purely investment reasons, or for particular books that have special importance to me. But CGC 9.8 Incredible Hulk#272 selling for something like $100 is insane when that book can reguarly be found in the quarter bin. Basically, I stratch my head whenever someone is willing to pay MANY MANY times the raw value of a cheap book to have it in the CGC case. I can understand desirable minor keys selling for multiples of guide, but totally obscure or modern issues of no importance in HG selling for big books is throwing money away. Like I said, I think Champions #1 crosses the imaginery line of deserving it's multiples of guide based on grade, due to its relative importance and difficultly obtaining in HG. Champions#5? No that doesnt deserve a high price point, and nor does any issue of Spawn and most moderns.
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Forum Member
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| Ok Champions $1 is hard to find in high grades. But that ALONE does not warrant a multiple $$$ increase over guide.
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Elite Collector
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| HELLO!!! Overstreet only lists a MAX grade of 9.2 What do you expect a 9.4, 9.6, 9.8, 9.9 or 10 to sell for?
  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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Elite Collector
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Buffyfan (4/7/2009)
HELLO!!! Overstreet only lists a MAX grade of 9.2 What do you expect a 9.4, 9.6, 9.8, 9.9 or 10 to sell for?  Thank you!
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Forum Member
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The Maxx? from the early 1990s? GIVE ME A FREAKIN BREAK! ITS CRAP! ITS A 25 CENT BOOK IS WHAT IT IS. OVERSTREET SHOULD NOT EVEN LIST IT. THERE ARE 1000S OF THIS BOOK FLOATING AROUND. ALL YOU HAVE TO DO IS LOOK FOR IT!
THE ONLY BOOKS you should be cgcing is early 1970s & older. thats it.
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