Recent Sales: 1 Comic, 2 Auctions PT 2

by $Rico$

041921C-300x157 Recent Sales: 1 Comic, 2 Auctions PT 2Sales are happening every day in our hobby.  Truth be told, it is hard to keep up with all of them.  But there are those occasions where certain sales catch your eye, draw your attention, and make you look into it further.  This is one of those sales.  Keep in mind, this inquisitive mindset only happens on a comic book we are already interested in.  Any other comic book sale we hardly pay attention to; we’re not interested.  But it does make you wonder, hence the writing of this article.  Collectors should take notice.  Maybe take advantage of such sales and acquire key comic books for their collection.  It’s been an ongoing discussion amongst collectors for years, and this article will only barely touch the surface on the topic.  Let’s talk about recent sales in the market!

If you missed Part I of this article series, you can catch it here.grading-co-300x75 Recent Sales: 1 Comic, 2 Auctions PT 2

GRADING COMPANIES

Before I go any further, again, let’s talk about the different grading companies out there.  There are many to choose from like CGC, CBCS, PGX, and EGS.  Each grading company varies as far as perks, 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 choose 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.

CBCS-sale-300x97 Recent Sales: 1 Comic, 2 Auctions PT 2TRUTH RED, WHITE & BLACK #1 (2003)

So, let’s talk about some recent eBay sales on one of the hottest comic books in the market right now.  A sales variance that kind of made me scratch my head a little.  What was once an $85 comic book this time last year is now $600+ according to recent sales on GoCollect.  As we already know, Truth Red, White & Black #1 features the 1st appearance of Isaiah Bradley in comic books.  He later becomes Captain America after receiving an injection of the Super Soldier serum developed by Project Rebirth.  A fan-favorite character for many collectors if you’re watching the Falcon & Winter Soldier episodes on Disney +.  Try to get a copy for below FMV nowadays is almost impossible…… well almost impossible.

There was a Truth Red, White & Black #1 CBCS 9.8 that sold April 2nd for $342Whoa!  I missed that one.  Ironically, just a couple days earlier on March 29th another CBCS 9.8 sold for $450Hmmm.  As a comparison, on April 2nd there was a Truth Red, White & Black #1 CGC 9.8 that sold for $710, right after that, same day, $900, then the next day $700; you get the picture.  Wow!  Talk about a price disparity? You tell me why?CGC-sale-300x95 Recent Sales: 1 Comic, 2 Auctions PT 2

Looking at both CBCS listings closer I really can’t explain it.  Both CBCS listings had the phrase “NOT CGC” in the title of the listing which is a tactic used by many sellers on eBay to garner more “hits” and more “views” when people are searching for the word CGC in the title not just CBCS.   It works!  But for some reason did not equate to more bidders in this case.  Collectors know what they want, and in these comparisons, we all know what that is.  CGC sales dominated CBCS in this example.

Isaiah-Bradley-1-300x198 Recent Sales: 1 Comic, 2 Auctions PT 2WRAP UP

There you have it.  Just another small sample size of recent sales between CGC and CBCS on a specific comic book in the same grade during the same time period.  For the most part, I think this is what is happening in all types of sales between CGC and CBCS; CGC is seeing the higher sales price.  As a result, collectors are grading their collection with CGC versus any other competitor.  Customer service, turnaround time, cost, and quality of products are the biggest game-changers I have heard between the grading companies so choose wisely.  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 disparity between CGC sales and CBCS sales.  Have you experienced this price difference as a seller?  Or are you taking advantage of the price difference as a buyer?  Have you cracked in 3rd party slabs and resubmitted them to CGC?  Which grading company is your favorite?  Let me 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 at www.gocollect.com

Concert-POster-FooterOption-2 Recent Sales: 1 Comic, 2 Auctions PT 2

 

 

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6 comments

steven Centonzo May 7, 2021 - 11:20 am

It’s perception, not reality. Both companies hire and educate graders. neither has a monopoly on people with good eyesight.

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James May 7, 2021 - 11:50 pm

I agree. I’m looking for the cheaper combination of grade and price. What do I care what the case looks like, I’m buying the book. Let someone else over pay for a name brand on the plastic case.

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$Rico$ May 11, 2021 - 12:36 pm

the thing is i think other collectors are looking for the cheaper of combination of grade and price to and i am only assuming more times out of not it is with cbcs ,, when that happens then said cbcs book is sent to cgc for regrading imo ,, aka “cgc crossover service”

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$Rico$ May 11, 2021 - 12:34 pm

not sure about perception, the numbers speak for themselves and this is only one example. i might start a new series and continue to post comparision articles like this … it is quite interesting nonetheless, not saying what is better or worse, just a hobby phenomenon if you ask me.

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Stanley Bieber May 8, 2021 - 7:56 am

Old CBCS comics are a risk of being graded 9.8 and have been trimmed – CBCS had a crappy product before. It is a real risk.
Newer comics less likely and easier to spot the trimming – but CBCS is always worth less than CGC.

The real reason for the price disparity is about timing and competition. If somebody is checking at the end and playing the ‘bid sniping’ game, it only takes 2 bidders to drive the price up in the last few seconds.

Also, what if there are just a few people who are in the market. They buy the first one, why would they buy the second one also? They would likely protect the price by driving up the bid to what they paid previously. I have bought 2 of multiple in the same day for that reason – last time being 2 copies of Daredevil 9 at ~$325. Luckily they doubled the next week.

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$Rico$ May 11, 2021 - 12:37 pm

bidding wars and snipping does happen i agree ,, its a funny game we’re playing right now right? gotta love it

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