1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47

by $Rico$

061021C-300x157 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47What was once a $900 average comic book just last year, now is $2,000 +/- according to recent sales on GoCollect.  As we already know, DC Comics Presents #47 is the 1st appearance of He-Man & Skeletor in comics, Masters of the Universe. What were the results when two identically graded books graded by two different grading houses went to auction at the same time?

I wanted to share this example with this spectacular comic book community.  A recent auction took place on a key comic book on the ComicLink auction site.  A sale that I could not help but notice and stood out to me.  Watching 3rd party comic book-focused auctions are always interesting to me because the possibilities are endless.  You will see modern age books, copper age, bronze age, even silver age and older books. 4-197x300 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47

The varying grades make the buy-in price point interesting for many collectors.  I am one of those collectors.  These comic books are always the cream of the crop.  Nonetheless, I perused through the multitude of listings and found one worth talking about.  Keep in mind a graded 9.8 is pretty much the standard for collectors, but does the grading company matter?  You be the judge.

It’s worth reiterating we all collect how we want to collect; raw comics or graded “slab” comics.  It’s what makes this hobby fun.  Some collectors like to keep their collections raw and be able to read their comics.  At the same time, other collectors like to preserve their comics through 3rd party grading companies for monetary or aesthetic reasons, to each their own. What I want to write about is not what you should do with your comic books, but rather show you what is going on in the market with recent sales on certain “graded” books.  People say the gap is closing.  As this series of articles continues to highlight such sales, let’s see what happens.CGC-PGX-CBCS-e1623337441203-300x69 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47

GRADING COMPANIES

Before I go any further, let’s talk about the different grading companies out there.  There are many to choose from, like CBCS, CGC, PGX, and EGS. Each grading company varies as far as perks, cost, casing, and, most importantly, turnaround time.  So do your due diligence and determine which one best fits your collecting goals.  Most people choose CGC for the look and feel of the slab, while others select CBCS for the faster turnaround time and cheaper cost to grade.  Each company has its pros and cons.  At the end of the day, the selling value may be what ultimately helps you make your decision.  CGC and CBCS are the major grading companies in the industry and most favorable between collectors.  You decide.

CGC-1-300x151 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47DC COMICS PRESENTS #47 (1982)

Let’s talk about a couple of recent sales that made me “dial a friend.”  As we already know, DC Comics Presents #47 is the 1st appearance of He-Man & Skeletor in comics, Masters of the Universe.  A fan-favorite character for many collectors, especially those who watched the original cartoon series back in the 1980s.  Try to get a copy for $900 nowadays is impossible as it seems the price is continuing to rise due to the fact of nostalgia plus anticipation for the Netflix Masters of the Universe: Revelation series.  ComicLink’s Spring featured auction; DC Comics Presents #47, was available 2x, one CGC graded and one CBCS graded.  Let’s look at the results:CBCS-1-300x147 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47

The CBCS 9.8 DC Comics Presents #47 sold for $1,535 with a bid count of 27 bids.  Cool!  Not bad at all.  The 2nd copy, ending a couple of days earlier, a CGC 9.8 copy sold for $2,535 with a bid count of 39.  Why the disparity?  You tell me.
Both examples were direct edition copies, and both had white page quality.  Very similar.  But if you click on the link, you will see the CBCS copy presents a bit better IMO as it is perfectly centered versus the CGC copy, where it is off-centered a little; you can see the white spine border.  The CGC copy wins here, as it seems.  But a $1,000 difference?  That’s a tough one to dissect.

Both CBCS and CGC are prominent companies compared to the rest, yet have varying differences in auction sales.  Both press and clean comics as a service before grading and both use the same grading scale when grading and encapsulating comic books.  But it seems the public has decided, and only time will tell if these types of sales continue.

pic-1 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47WRAP UP

The Power of Grayskull was in full effect here.  Some amazing sales.  Please keep in mind this is just a small sample size and is only one example.  Any conclusion must be made knowing that a bigger sample size involving hundreds, preferably thousands, of transactions would come to a more permanent conclusion.  Fortunately for us, numerous graded comic book transactions are happening every week from the various grading companies.  As a result, more sale examples will be shared in the next installment of this article.

For the most part, I think this is happening universally in all types of auctions between CGC/CBCS; CGC sees the higher sales price.  As a result, collectors are grading their collection with CGC versus any competitors.  Customer service, turnaround time, pricing, and product quality are the most significant game-changers I have heard between the grading companies, so choose wisely.  Time will tell.  Either way, I wish you luck in your comic book collecting endeavor.  Until next time you comic book junkies…

Please share your thoughts about the various grading companies.  Do you only collect CBCS?  Do you only collect CGC?  Or, do you collect them all?  Does newsstand or direct matter?  Or are you more concerned with the overall grade?  Let the community know.

GoCollect is the #1 comic book price guide for tracking sales data of all graded comic books in real-time. Fair market values are now at your fingertips. Check out all the features and upgrade to a premium membership today!

052721D-1footer 1 COMIC, 2 AUCTIONS: DC COMICS PRESENTS #47

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6 comments

BJS June 11, 2021 - 4:51 pm

I mostly use CGC. I bought a few CBCS slabs and cracked them open to re-grade at CGC. One was a CBCS 9.8 and when I got it out of the slab there was *no way* it was a 9.8 — not even a 9.4 in my unprofessional opinion — so I didn’t even bother to re-grade it. One was an 8.0 by CBCS standards and CGC gave it a 7.5. The third one came back the same grade (9.8), so my limited experience comparing and contrasting the two companies has been kinda all over the place. I suspect that the ‘discount’ one can get on a CBCS book ends up being about the price you would pay for the grade CGC would give the same book.

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$Rico$ June 14, 2021 - 5:56 pm

interesting…… thx for sharing that experience ,, yea same here,, proly bought 3-4 cbcs 9.8 ,, did the cgc crossover a few years back when they did the pre screen crossover ,, NOT how it is done now – you get whatever grade u get – back then i got an email from cgc saying “yea we think this will be a cgc 9.8 do you want us to proceed and crack and grade” ,, on that notion i said HECK YEA ,, and low and behold all my cbcs 9.8s came back cgc 9.8 ,, but i know what your saying,, interesting story,, i can only relate when i cracked a pgx 9.0 ,, came back cgc 8.0 ,, gulp!!

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Nick June 13, 2021 - 9:36 am

To me it seems like CBCS graded issues should be very attractive to potential buyers. If you can save a thousand bucks buying a CBCS at auction….seems pretty silly someone spent all that extra just to get a CGC on top of their book.

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$Rico$ June 14, 2021 - 5:53 pm

very true, from what im hearing in the collecting world is yes people are buying the cbcs at a discount but to only resubmit to cgc under there crossover service ,, dunno , to each there own i guess but def risky play

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Redskydigger June 13, 2021 - 6:20 pm

Sorry Rico but if you are to use statistics for explaining the price difference then you need a minimum sample size of 30 different sales on issue of DC presents ( first Masters of the Universe in comics) of CGC vs CBCS. I suspect you are correct BUT you need to do the research in statistics first then build the argument.

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$Rico$ June 14, 2021 - 5:51 pm

heck no, thats to much work, someone else can do that….. im just opening your (any collectors) eyes and showing you whats out there….. take it for what its worth, thats it!! people that are into the numbers can do all the statistics and run the numbers and talk about it,, ill admit i would be the first one to read it and see ,, def an interesting story

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