For those who fear the demise of the collectibles market may be near...

rman444 · #1 02-23-2010, 06:36 PM

JP - you are right. I cannot provide any proof to you that the transaction took place.

Regarding pressing, I believe that this is a phenomenon that has really caught on over the past few years and mostly affects two types of comics:

1) Those that are already high grade and cannot get into a higher numerical holder due to slight waviness/bending of the surface. An example of a comic that would fit this category would be a 9.6 that is pressed to get into a 9.8 holder.

2) Those that are poorly miswrapped or curled under, where the bend of the book is not along the spine and staples. Comics that fit this category are typically golden age or early silver age. There will often be enough faults on these books that pressing to make them lay straight may not even increase their technical grade - they would however present much better.

I cannot even guess how many Action #1 books have been cracked out, pressed, and then resubmitted, but if any have, I would imagine that it would be a very small number.

JP · #2 02-23-2010, 07:07 PM

Quote:

Originally Posted by rman444

JP - you are right. I cannot provide any proof to you that the transaction took place.

Interesting, then do you mind telling us why you said "the sale is legit" so definitively? Why do you feel that a transaction far above any previous comic sale might be real? I caught some flack for questioning your statement without support, but I think it is important that we don't support what may inevitably prove to be market manipulation on the part of auction houses....

Wesley · #3 02-23-2010, 07:27 PM

Quote:

Originally Posted by JP

Interesting, then do you mind telling us why you said "the sale is legit" so definitively? Why do you feel that a transaction far above any previous comic sale might be real? I caught some flack for questioning your statement without support, but I think it is important that we don't support what may inevitably prove to be market manipulation on the part of auction houses....

I demand that Richard provide proof by posting a photograph of himself with his new Action #1 and a copy of today's newspaper.

terjung · #4 02-23-2010, 07:45 PM

Would you similarly question Brockelmann if he stated that a sale of a high end E107 was legit? I certainly wouldn't. I would tend to believe him - even if he were unwilling or unable to demonstrate proof. The fact is that very high end collectors are often intentionally secretive about their purchases and collections. This may be for fear of theft, insurance, or for any litany of reasons. Rarely do such high end collectors care to share about their purchases or advertise that they made them. I realize that this breeds the question of whether a specific sale was legit - especially when it is outside the realm of what would be expected. In this case, the sales of lesser conditioned versions of Action #1 sell for sick money. I guess I don't know why one of the two nicest conditioned and unrestored versions of this extremely sought-after comic wouldn't be expected to go for sick money as well.

Rob D. · #5 02-23-2010, 08:08 PM

Richard,

Please provide proof that you are, indeed, Richard.

JP · #6 02-23-2010, 08:08 PM

You guys aren't paying attention. Richard already admitted that he didn't know the sale was legit. And that would also mean he didn't buy it.

Just because someone is an expert in a field doesn't mean they know the particulars of every high-end transaction.

To address your final statement, if Brockelmann said an E107 sale was legit, you would assume that he was associate with the transaction in some respect. Richard obviously has no association whatsoever with the sale of the Superman comic. Why are so many arguments on these boards filled with huge logic holes?

terjung · #7 02-23-2010, 08:23 PM

You missed the point of the analogy. Scott would not have to be party to such a sale in order to know that it happened, nor would I require him to prove his knowledge of it. Regardless, this argument is pointless. I tend to believe that the sale happened, in part, but certainly not solely due to Richard's statement. You are well within your rights to remain skeptical. /debate

Anybody like vintage baseball cards? I hear that cardboard pictures of dead guys who played baseball are highly collectible and sometimes sell for a mint.

danc · #8 02-23-2010, 08:38 PM

Thanks for setting me straight on the CGC Population. DanC = Lazy, sometimes.

People use collectibles of this nature as investments. $1 million with this comic book or $1 million in Stocks. There are a lot of famous comic book collectors like movie actor Freddy Prinze Jr., former Skid Row lead singer Sebastian Bach, Jerry Seinfeld is a Superman freak and Nicolas Cage...you can scratch from that list of people who could afford the book.

IMO, I don't doubt the authenticity of the sale.Heritage just sold a nickel for $3.7 million and they have a Detective Comics in the same shape as the AC#1 and it's at $500,000 (w/ BP) with a day and half to go. Quality items in impeccable condition bring incredible mullah.

DanC

slidekellyslide · #9 02-23-2010, 11:43 PM

Well, I certainly wasn't expecting the Spanish Inquisition when I opened this thread tonight.

Anthony S. · #10 02-24-2010, 03:39 AM

Quote:

Originally Posted by slidekellyslide

Well, I certainly wasn't expecting the Spanish Inquisition when I opened this thread tonight.

Dan,

Nobody expects the Spanish Inquisition...

(can't believe you had to wait 4 hours for this response)

sox1903wschamp · #11 02-23-2010, 11:53 PM

Quote:

Originally Posted by terjung

Would you similarly question Brockelmann if he stated that a sale of a high end E107 was legit?

If Scott B said the sky was purple, I would tend to agree with him

. Having met him, I would not want to get in a brou-ha-ha with him. I'm just saying...

Bicem · #12 02-24-2010, 12:35 AM

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

bijoem · #13 02-24-2010, 07:48 AM

Quote:

Originally Posted by Bicem

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

nice

Jim VB · #14 02-24-2010, 08:14 AM

Quote:

Originally Posted by Bicem

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

Well played.

Zach Wheat · #15 02-24-2010, 05:59 PM

Barry,

Jerry once said that there is a Superman reference in every sinngle episode of Seinfeld. Most of the "references" occur because he has a copy of Superman on the refrig or an image of Superman on the shelf.....there ins't an episode without a reference to Superman I am told.

JP · #16 02-23-2010, 08:33 PM

Quote:

Originally Posted by rman444

JP - you are right. I cannot provide any proof to you that the transaction took place.

You might have missed this the first time... If Richard had said he "knew" the sale was legit, then that wouldve been enough for me.

rman444 · #17 02-23-2010, 10:26 PM

Quote:

Originally Posted by JP

You might have missed this the first time... If Richard had said he "knew" the sale was legit, then that wouldve been enough for me.

Actually, I did say that, and it wasn't good enough for you. So I said that I didn't know, hoping that you would let it pass. Yet that didn't seem to work either, so I think that I will just stop commenting on this subject now

Regarding knowing the condition of the interior of a comic when it is slabbed, CGC will make notations on the label for anything that is more than minor (tape on pages, significant tears or pieces missing, etc). They also note the condition/quality of the pages on the label. For other details that are significant, yet too much to list out on the label, CGC makes grading notes in their database which anyone can request with a phone call and a certification number.

Don't you all wish that PSA and SGC would do the same?

JP · #18 02-23-2010, 10:47 PM

Go re-read your post. You said "the sale is legit" without saying whether that was an opinion or statement with inofrmation behind it. You never supported that statement. Then you retracted it completely a few posts later. Make up your mind.

terjung · #19 02-23-2010, 10:53 PM

Quote:

Originally Posted by rman444

They also note the condition/quality of the pages on the label. For other details that are significant, yet too much to list out on the label, CGC makes grading notes in their database which anyone can request with a phone call and a certification number.

Didn't know that they did that. Actually pretty cool (and I guess necessary in this case).

Quote:

Originally Posted by rman444

Don't you all wish that PSA and SGC would do the same?

Resounding "Yes!"

JP · #20 02-23-2010, 10:58 PM

A comic encapsulation where the comic is open to a page where you could see the artwork would be an amazing offering...

olsport · #21 02-25-2010, 11:14 AM

Some of you are very cold-hearted!! Quoting my post, then making a mockery out of it. I don't appreciate it.

Jim VB · #22 02-25-2010, 12:11 PM

Quote:

Originally Posted by olsport

Some of you are very cold-hearted!! Quoting my post, then making a mockery out of it. I don't appreciate it.

No one is trying to make a mockery of your post. Several of us have pointed out the irony of: you being a collector, coming on a collector's card forum, and trashing others who collect, albeit at a higher dollar level than most.

Do you not see that difference?

(For the record, my wife and I donate to charity, every year, almost as much as the Average Annual Wage in our state. In addition, I sit on the Board of Directors of a local charity that runs a food pantry, and provides financial support, and counseling for those in need. In addition to my Board duties, I spend about 10-15 hours a week volunteering for the same charity.)

slidekellyslide · #23 02-25-2010, 12:17 PM

Paul, you can't come on to a vintage collectible message board where people often spend large amounts of money for collectibles and proceed to tell them what they should instead be doing with their money. If you do (and in a roundabout way you did) then expect some mockery to come your way. Besides you have no way of knowing how much that million dollar collector gives to charity anyway.

Wesley · #24 02-25-2010, 05:27 PM