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Dynamic2 Posts: 4
12/30/2020
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Got a call from an old friend, heard I was back in Comics and wanted to sell me Action 1, Batman 1 and Detective 27.
I was almost positive that he was trying to peddle fakes. But I played along.
I had him send me pix of the insides, the spines and the covers.
The insides and spines looked authentic but the covers were all fakes, but really really good ones. Best fakes I had ever seen.
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SO, be careful -- these are really good fakes out there that a novice might not catch onto quickly.
Steve
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Defiant1 Posts: 720
12/31/2020
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I hate that. I had 3 million dollars in my pocket and I was wanting to buy all 3.
Seriously though, people used to pull off the outer cover to the Famous 1st Edition treasury-sized reprint comics and try to pass them off as the originals. They had a glossy version of the original cover just inside the outer cover.
The easiest way to tell they are the reprints is by the overall dimensions. The treasury-sized versions are bigger that the originals.
Anyone actually buying these should know what they are looking for. You don't typically buy comics like that unless you have deep pockets and you know what you are doing.
edited by Defiant1 on 12/31/2020
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Dynamic2 Posts: 4
12/31/2020
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Actually, the last ones I bought of these three was actually in the late 1970s when they were only worth $1000 to $5000 each. At that time, I had Superman 1-30 plus so much more. It was easier to come up with those funds at that time. If I could have got originals now, I would have found a way to consign them and sell them for a large profit. It wouldn't be difficult to flip them to make a $100 k profit or more. You just have to know the key players.
Most of my competitors have passed on or quit the business. But some are still out there to be found in the Overstreet guide and elsewhere. Most didn't even know I was continuing to invest after dropping out.
But seriously, the dimensions of the three were fine, but there were a number of missing parts of the covers to flag them all as fakes.
Happy New Year!!
Steve
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