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Serious Collector
 
Group: Forum Members
Last Login: 3/3/2010 10:31:55 PM
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| Who more accurate on pricing? I think OS is. DOn't give me wrong I love CPG for cataloging my collection. What do you guys think? .steve.
-XcX- 
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Elite Collector
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Well I don't think either is better. CPG can claim to be more up to date though since their prices are never frozen at one point in the year. Regular collectors also have the ability to input which is not something that is done with Overstreet. Also I don't know if OS lists as many books though I think OS cover some stuff that CPG doesn't. CPG also doesn't have all the reports and article like OS.
IMO both serve the community well.
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Friend of CPG
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Last Login: Today @ 6:32:36 PM
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| I can't answer that question because I have not picked up an Oversteet since 2007. I had planned on getting this years edition but it slipped my mind when they came out. The other reason I can't answer your question is you have not stated accurate compared with WHAT? Compared with GPA? Compared with ebay sales? Compared with what online dealers are asking for when trying to sell? Compared with what online dealers are asking for when trying to buy? Earl.
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Friend of CPG
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Last Login: Today @ 6:32:36 PM
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| Take this as an example. This is Scoop which is the online 'magazine' by the same people who publish the OPG... http://scoop.diamondgalleries.com/public/default.asp?t=1&m=1&c=34&s=262&ai=86171 In that list they list upto the date examples of recent auctions sales from this week. So who is most accurate based on those sales reported? Of course the comparison is only good for that single auction, next month more sales of comics like those could sell for thosands above and below what those sold for. Now I don't have an OPG to check but here are the reported sales from the auction above and what CPG currently guides a book AT tHAT grade at....
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Friend of CPG
Group: Administrators
Last Login: Today @ 6:32:36 PM
Posts: 3,909,
Visits: 6,064
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Friend of CPG
Group: Administrators
Last Login: Today @ 6:32:36 PM
Posts: 3,909,
Visits: 6,064
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| So based on last weeks auction results the CPG valuation for ASM 1 was darn close, Superman was in the same general area and the AF and Archie results are miles above what CPG guides them at, a trigger to look at sales in other venues to see if an increase is due. I think the Archie may be a new record for a sale of that book but I'm not sure as I don't currently have a GPA sub. I would be interested in knowing if OPG's valuations of those books are closer to what they sold for in that auction.
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Serious Collector
Group: Forum Members
Last Login: 3/3/2010 10:31:55 PM
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| WOW! That was some great work. Thanks I have been pondering this for a while. sorta bugging me. In a early post they referred to CPG having more of a constant update. I understand now. Thanks.
-XcX-
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Elite Collector
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Last Login: Yesterday @ 7:58:24 PM
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CPG is pretty consistent at keeping the prices updated but it can always be a chore trying to determine what to set values at. When people pay record prices one week then the next they don't for the very same thing what should the price be? If a lower grade books fetches higher grade values how do you react? Sometimes updates need to wait in order to determine the trends and whether or not moves up and down in value is the best course of action.
This is why people can be so hard on those guides like Wizard, OS, etc who freeze their prices at one point or several points of the year. It is really really hard to determine what the best representative value you have to set to for the upcoming market year. It is REALLY hard to be accurate. For the online guides you can be more "up to the minute" but you have to be sure that you are reflecting a true trend and not an exception.
IMO that is why neither guide can be better. All they can do is sift through the data at hand and hope to hell that what they decide upon acts as the market's best guide until the data confirms for sure the next move. It is a tough business and you are never going to please everyone that is why some of us who have been around for awhile stress that these things are GUIDES not bibles. Ultimately the best way to know the "true" value for desire or owned books is to try and follow the market for those books. The majority of my back issue focus has been on one title so I rarely have to look at guides any more because I know full well what the trends are and when and what issues I will have to pay more than guide on and what I might get cheap if I am patient.
The best guide is experience. When I step into unfamiliar ground (read a new title I want to collect) guides are there to break ground.
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