Official announcements from the CPG staff
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Ronbatman Administrator Posts: 2530
2/12/2021
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Obviously, we look at comic book values all the time. I've started to notice some trends so I'm going to throw this out there to our regular forum visitors.
1. Some sellers are pushing the values for 9.8 graded books way up. We are seeing a tremendous rise in that specific grade. We try to throw out the extraordinarily high values but most sites don't. On the Amazing Spiderman issues that we have been working on, our 9.8 is usually lower than other price guides. We believe that they are artificially inflating the market.
2. In the 9.4 grade sometimes the value for raw and graded are the same. Sometimes the raw is higher. Sometimes the graded is higher. There is real value in finding a graded 9.4 in the market today.
3. We have been raising the values on the mid and lower grade books as the top end continues to blow the roof off. So even if the 9.4 raw drops that doesn't mean that your 7.5 dropped in value.
4. We are seriously considering removing the 9.9 and 10 from our price guide since it encourages false value for some collectors. There are so few of these books and their prices vary so dramatically that we believe it hurts us instead of helps us by adding them.
5. We will not be adding any grade for coverless books.
6. Key books continue to rise exponentially faster than regular issues. At some point, the price difference will become ridiculous and collectors will see the value with regular issues or 2nd or 3rd appearances.
7. The market focuses intently on a few books at a time. Other important issues are ignored in the hype train but for smart collectors, there are great values everywhere.
Ron
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+3
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rustyauger Posts: 159
2/14/2021
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collectibleshop wrote:
I agree with #5 and coverless books. Prices vary too widely, especially on old keys, and I don't think there's that many being sold to get a good handle on them, or an algorithm that would be semi-accurate. The vast majority are worthless anyway.
edited by collectibleshop on 2/12/2021
I disagree. Coverless comics are a serious branch of the hobby, especially when we are talking about Golden Age books or Silver Age keys that are too expensive to own in Good or better. It is not hard to price them as .3. The algorithm is 15% of the value of a 2.0 of the same issue. They will still likely be undervalued as most of the low grade keys and Golden Age books are on this site but at least we will be able to enter them correctly.
It seems like the decisions are being made by people who don't collect Golden Age so they don't appreciate the value of coverless comics from that era. Even a Silver Age book like Detective Comics 225 will sell for $1000 coverless.
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Draven68 Posts: 138
2/15/2021
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Ron, I agree with all you had to say about the 9.9 and 10's. I may be in the minority with this but I don't see a reason why you wouldn't just remove those from the "raw" portion of those values and keep the ones for graded (if possible). I've taken the time to catalog all my graded comics (to the point of adding the serial numbers) on your site and also use it as reference for insurance. I hope you take my thoughts into consideration and we can find a happy medium.
If you do decide to go the route of removing them all, please let me know what I can do to have mine added back in.
Thanks for all you do
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Ronbatman Administrator Posts: 2530
2/16/2021
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Just so all of you know. We are very reluctant to make big changes without tons of advanced work. Every change we make affects someone's collection. So if we decide to remove the majority of 9.9 and 10.0 we will filter through the graded 9.9 and 10 that are in someone's collection. Those will remain in place so there is no worry of losing issues. If you have a raw 10 or 9.9 those would be bumped down to a 9.8. To say it again, we are seriously thinking about it not 100% doing it.
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taskmaster Posts: 265
2/20/2021
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Konungrcomics wrote:
Another trend I've noticed is a lot of folks aren't updating the condition from our default of 9.4 to their Titles prior to sales. More then once I have purchased a title that was listed as a 9.4 only to receive a 7.0. Now on the other hand I know most of us are not professional graders, as I myself am not. However when I have a number of 9.4's and 7.0's from CGC I have learned a lot through the notes. Also i understand we have many folks with thousands of titles and its a lot to track, but at least verify when you receive an offer that the title is with in range of your posted grade.
That's why I have been saying for awhile...And don't get mad when someone mentions it to you that is not 9.4
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