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kds_comics Posts: 652
6/4/2018
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Jc102602 wrote:
Its possible that we might not be debating the same thing, but I'm not contending the existence of outliers. I'm challenging the accuracy of the reported values that I assume are supposed to be a reflection of the bell curve. It is possible that if some unlucky soul were to compile ALL market data and perform a comprehensive analysis then we may discover that the standard deviation is much larger than anyone would've anticipated. In the event of this "wild, wild west" scenario, we may be forced to challenge the whole enterprise of formal price guides in general. Regardless, I believe that a workable deviation exists and would have to conclude that most people do as well, otherwise we wouldn't be using/relying on these guides.
My opinion is CPG does a good job and puts a rather conservative price on comics. There are occasions that I do not agree with prices here. An example is common issues from late 1970's on lower grade - usually very low priced here. I think this reflects big stores discounting and getting them off their books to focus on more profitable items. I usually sell mid to low grade 1970's comics for $2 at local comic shows (e.g. Spider-Woman, Shazam).
If you are looking to see what a comic is worth, always check more than one source. Newkadia has prices based on the Overstreet guide. Other good sources are Comic Book Realms and MyComicShop.com.
Just my opinion.
KDS
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Oxbladder Posts: 487
6/4/2018
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Jc102602 wrote:
I don't agree with this. Having a third party validate or confirm the quality of an item of value should always increase the price of that item, especially since the owner absorbed the cost (sometimes heavy) of getting the item valued. This is a common practice across other areas and is justifiable since we are not certified graders and can be biased. Also, the slab offers a degree of protection not offered by just a bag and board.
The thing is though is the owner of the book is purchasing the grading service. A buyer has to agree that there is a value to that service to be willing to pay over raw realized values. If a seller who has a graded book for sale wants more for sure then they are going to have to ask for more money and be willing to wait for a buyer to be willing to spend that extra money.
Basically a service only adds value if the buyer agrees it adds value. In the case of graded books in most cases it does. But it is not always true. More often than not it is on keys and mostly higher grades. On some book you will find that the difference between graded and "raw" book is much more variable where raw values can be the same or higher. In such cases often the market on graded will adjust the next time one is up for sale.
In my experience, it is is an extremely rare occurrence where a graded version of a book will go for the exact same price as its raw counterpart (unless the seller is intentionally going below guide to sell fast). If this site is going to take a position otherwise, then the price quoted on CPG just isn't based in reality or what's actually happening in the market.
The position should be to price a book on as much data as possible and from as many different sources and regions as is possible. If there is no data the should be no listed value. In other words, they shouldn't be setting prices based on a algorithm. Now that isn't always realistic.
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Minimilk Posts: 8
1/8/2019
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I don't believe this article
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Chesterd57 Posts: 2
5/3/2019
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Hello all, I recently posted under forum thread but an still looking for any insight on what to do with some comics I recently received through a family member death. There are aprox. 9 comic boxes each full of sleeved comics. There is a DC box, Marvel box, and several misc boxes. There are also some 10c and 25c comics that were stored separately. There are Archie comics, Archie Girls (?), and Jetta, 3 number 5, 2 number 6, and 3 number 7. One of the Jetta comics has minor frayed edges, one has a store stamp on the cover, all others seem to me reasonably solid and in good shape. I don't want to spend the money and time to grade the comics if i don't have to, any suggesstions on the best direction to go is greatly appreciated. I've never collected anything in my life, other than arrowheads, so thank you in advance if you have time to offer some ideas. Regards
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quinnspuddinjoker Posts: 673
5/3/2019
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Chesterd57, not sure of a real question by you. You need once again need to start your own thread in GENERAL COMIC DISCUSSION. Ok, you got a collection of comics from family. So are you wanting to keep the books or sell?
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rustyauger Posts: 159
6/28/2020
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Why are graded books only valued more than raw books on this site if they are graded 9.0 or higher?
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Ronbatman Administrator Posts: 2370
6/29/2020
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There are all kinds of variations to this.
For example, we changed the price on Venom #3 last week and the raw prices were the same as graded until 9.8. So a 9.6 graded and a 9.6 raw were selling for the same price.
If you look at Savage She-Hulk #1 the difference between raw and graded happens at 8.0. 7.5 raw and 7.5 graded are almost the same.
If you look at Captain America 117 (first falcon) the difference happens at 9.0.
If you look at Fantastic Four 48 there is always a difference between raw and graded.
Ron
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rustyauger Posts: 159
6/30/2020
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So why FF 48 and not others like say Strange Adventures 205 or any Golden Age Batman?
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Defiant1 Posts: 720
6/30/2020
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The value of something is solely based upon what I'm willing to pay or how cheaply I'm willing to sell something.
I bought a comic for $75 that had no established value associated with it. Most people wouldn't have paid $3 for it.
I bought a comic for $1 that regularly sold online for $75 and up because the retailer didn't take the time to research what he was selling.
Collectors are reluctant to sell comics for a loss unless they are leaving the hobby or they've been hit with heavy financial hardships.
Is eBay a good guide for prices? No, because I don't buy online and I'd be willing to pay triple what some people are paying. The people who may be willing to pay more aren't searching everyday for the item.
Is a comic valued $1,000 in the price guide worth $100 if one collector goes through a divorce and sells it for $100?
A dealer sold me a solid copy of Strange Tales #110 for $35 once. He could have gotten hundreds of dollars for it.
There is no way to make pricing scientific.
The people trying to rely on science are usually trying to manipulate the values. They value it low if they are buying and they value it high if they are selling or boasting.
I don't buy graded books. I refuse to pay an extra $30 for a comic I can't read. In some cases, the graded comic is less desirable to collectors. I'm not going to buy a comic that's graded and bust it out of the shell. If someone wanted their comics graded, they can rot in that case. I have no interest in any slabbed comics.
edited by Defiant1 on 6/30/2020
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rustyauger Posts: 159
7/1/2020
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Of course there are cases where people buy and sell below and above market value but every day graded comics sell for more money than raw comics whether they are in low grade or high grade. I don't understand why so many comics on CPG have them valued the same.
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BasementComics Posts: 783
7/1/2020
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I was tracking some of those Golden age Batman and Detective and submitting them for price suggestions.
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tarn kronos Posts: 45
7/16/2020
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So many people before me....What path shall I tread? If you know how to judge a restored book from a universal book then good...but a lot of green horn's don't....so CGC graded copied are good for buyer and seller....Nuff said!
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Dudz Posts: 8
6/28/2021
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Sorry to necro this thread but I was wondering how people justify $6000 comics with a +- 9.4 grading?
I am going through various posts on comics and the grading thereof and then the prices they are asking for the then graded comic and it's mind blowing.
I understand that there might be a buyer willing to pay that price for a graded comic but how would a seller determine the price of that comic?
I want to sell my comics and ungraded I determined their prices to be around $3 dollars a piece without shipping and around $6 with shipping, obviously negotiable but then I downloaded the grading app and I attempted to grade my own comics. I graded 2 comics and one was a 7.0 and the other was a 9.4, so should I adjust my pricing in line with other similar graded comics although they have been graded by the CGC?
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Ronbatman Administrator Posts: 2370
6/28/2021
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When the site says "graded" comics it doesn't mean books you have graded. Comics Price Guide means books that a third party like CGC or CBCS graded. Those books are encapsulated in hard plastic, have a grade and cannot be read again. Raw books are ones that you've graded and say it's a 7.0 or 8.5 or whatever.
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Theoldcollector Posts: 213
6/28/2021
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Like Ron was saying it's 3rd party graded. So a 9.4 raw is not the same as a CGC 9.4. The CGC one has been graded by a professional grader and then as mentioned by Ron it's sealed in plastic then encapsulated in a plastic shell. So yes the price of a CGC 9.8 is going to normally be way above a raw book that may be a 9.8. There is also money involved in getting a book graded and one heck of a wait time plus all the shipping and insurance costs as well. Plus getting the book cleaned and pressed before hand. If someone buys what looks to be a 9.8 raw they don't know for sure without inspecting it thoroughly for any issues including any restoration attempts if they are really getting a 9.8. 3rd party grading companies help with that part of buying and hence why the prices are way higher.
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Dudz Posts: 8
6/29/2021
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I recently say a 1.0 graded comic for sale of almost $19 000.00 how can that be?
I understand having a comic graded but who then determines the selling price?
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Ronbatman Administrator Posts: 2370
6/29/2021
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The market determines the selling price. Most of the time the market has peaks and valleys related to price. Something or someone hypes a book as important and collectors race to buy it, driving up the price. After a couple of months when those collectors have bought it, the issue cools off. Unless you're talking about Miles Morales or Peter Parker or Venom, those issues don't ever seem to cool off.
If a book is highly sought after by collectors and rare then anything can happen. 19k for a very low grade means it has to be highly sought after or the seller is "shooting the moon". There's a lot of that going on right now.
Ron
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Theoldcollector Posts: 213
6/29/2021
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If it's a comic that is very rare like Action Comics #1 just a single page from that book can go for thousands of dollars so a graded 1.0 of a very rare or sought after book can fetch a very high price if it's rare and wanted by collectors. The comic market is high right now but also just because someone is asking 19k for something doesn't mean it's worth 19k. Some people on sites like EBay will do that as kind of a place holder when the book is for sale in a store and posted up on Ebay for a high dollar amount. They then can receive offers from buyers via EBay and still have it on display and up for sell in their actual store at the same time. Use the graded prices here on this site to give you a starting point but because the market is crazy right now the price of some stuff is changing daily so you will have to research sold listings and not just on EBay but other sites and stores as well. There are multiple auction sites just dedicated to comics. This site does a good job trying to keep the prices updated for their current values and members make suggestions on price changes as well to help. So this is a great place to get a feel on prices.
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brianpeppers Posts: 7
10/9/2021
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Professional grading is a big scam for the most part, and we all just play along with it because we want more money for our books.
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pthomas2010 Posts: 116
10/9/2021
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brianpeppers wrote:
Professional grading is a big scam for the most part, and we all just play along with it because we want more money for our books.
I think it is a good premise, but since there is no central authority that can actually certify that a grader has gone through a universally accepted curriculum and is subject to audits for consistency, how are CGC graders any more expert than a collector or dealer who has been grading comics for selling or to buy for many years. The only advantage the CGC grader has is that he knows how CGC wants books graded. By the way, CGC opened the doors and proclaimed themselves the authority of comic grading. They answer to nobody. Doesn't matter how consistent the grading is or if they contradict themselves. There are no fines or penalties to the company regardless of quality, and nobody to monitor them anyway. In actuality, the only difference between a graded comic and a raw one is the pretty, official-looking plastic tomb with a fractional number out of 10 showing how close to perfect it is. I think it's ridiculous that the values get obscene just from the act of being put in the case. If the grader says it is a 9.8 copy, hasn't it been all along? Why does sealing it up make it 10-20 times more than when it was raw in some cases. Also, if a grader leaves CGC and goes to work in a comic shop, does that mean all his grades command the same prices as the slabbed CGC copies, or does he lose the ability to grade accurately when he leaves? The amount of money changing hands for some comics these days really highlights how screwed up our hobby is, and that we deserve fairness and consistency buying and selling our comics. Every day there is at least 1 sale that is the equivalent of a nice car for a 32-page kid's book made of newspaper, and we have allowed a grading company to manipulate the market however they want to.
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