Discrepancies in value - CPG - Questions and Answers

Discrepancies in value
Mayorsmitty Posts: 3 8/10/2022	Mayorsmitty Posts: 3 Why are there such big discrepancies between the values of the same comic on different sites. For example, a Marvel comic number 221, graded at 9.6 holds a value of 900 on some sites, but others will have that value at 2000. Shouldn't that comic hold close to the same value across the board? How do we know which is accurate? And yes, I know that something is only worth as much as someone is willing to pay for it.
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Ronbatman Administrator Posts: 2530 8/11/2022	Ronbatman Administrator Posts: 2530 The comic title you listed doesn't exist so that's the first step. Open the book up and look at the small print for the title. To answer your question, there is a wide range of prices and values. Some companies use the highest price regardless of the other values. For example a 9.6 might have sales of 2000, 950, 900, 850. Some companies will say it's worth 2000 others say that highest number is out of the standard deviation and shouldn't be considered. That makes the value 900. You might think this is a crazy example but we see it all the time. Some dishonest dealers try to manipulate the market and drive prices up. Another reason is that every price change costs money to make happen. Either a person has to go in and review the data or an API feed (from Ebay or someplace else)has to be run for an issue or title. The more api feeds you get the more expensive it is. Valuing a comic is much more involved than most people understand.
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rixmaxx Posts: 463 8/11/2022	rixmaxx Posts: 463 Mayorsmitty wrote: Why are there such big discrepancies between the values of the same comic on different sites. For example, a Marvel comic number 221, graded at 9.6 holds a value of 900 on some sites, but others will have that value at 2000. Shouldn't that comic hold close to the same value across the board? How do we know which is accurate? And yes, I know that something is only worth as much as someone is willing to pay for it. I can't tell if you're serious or trying to be funny?
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