The Pedigree Grand Auction has just wrapped up, all results below ended Wednesday November 14th.
I don’t know how Mr. Schmell does it but he sure puts up a lot of very high grade Silver Age comics! Many of these listed were the single highest grades available. While I didn’t see many actual comics that impressed me I certainly saw a lot of comics in CGC grades that impressed me, there CGC 9.8s on books that I thought couldn’t possibly have 9.8s.
I really enjoyed reading Doug Schmell’s descriptions, this guy likes to spread it on sweet and thick. Who wouldn’t want to buy a comic book after reading Doug’s description!
OK lets have a peek and some of the results!
Incredible Hulk #181, Marvel Comics, (November 1974) Graded by CGC at 9.6 with White pages sold for $3,800.00. The Overstreet price guide value for this comic at 9.4 is $1,725.00.
What better book to compare the worth of an auction house than this one. This comic has been floating around between $3,500 and $4,000 for a while now so Pedigree getting $3,800 for the seller is more than respectable.
I like the squareness of this book, good gloss and good centering make this a fair price to pay. The buyer is now in the game with a quality comic purchased at a fair market value.
Advantage Buyer.
Tales of Suspense #57, Marvel Comics, (September 1964) Graded by CGC at 9.8 with White pages sold for $14,750.00. The Overstreet price guide value for this comic at 9.2 is $1,400.00.
This is a scary grade for this book, just look at it, wow.
Actually this book sold back in July for $13,145 so it’s actually appreciated 11% in 4 months.
I’m not sure, I just think long term the 9.8 grade will mean a little less but man it is hard to argue with this copy, again look at it!
I like the long term viability of the Avengers and I like the long term viability of a character like Hawkeye, I think this particular copy can go a bit higher.
Advantage Buyer
Fantastic Four #2, Marvel Comics, (January 1962) Graded by CGC at 9.8 with Off White to White pages sold $76,500.00. The Overstreet price guide value for this comic at 9.2 is $12,000.00.
OK this book is just stupid! Seriously!
This grade is unimaginable for this book but here it is.
One of one 3 Marvels with 10 cent covers (FF #1 and TTA #27 are the other two) it’s a must have for Silver Age fans.
Considering Pedigree itself sold the White Mountain CGC 9.6 for $87,000 back in February and considering another CGC 9.6 just last month sold for $82,500 I’m going to have to consider this purchase a bargain.
Advantage Buyer
Journey Into Mystery #84, Marvel Comics, (September 1962) Graded by CGC at 9.4 Signature Series (signed by Stan Lee) with Off White to White pages sold for $40,000.00. The Overstreet price guide value for this comic at 9.2 is $5,800.00.
Pedigree sold a blue label (no signature series) CGC 9.4 copy in the summer for $35,850 so it’s only fitting that one in the same grade signed by Stan the Man gets more.
Here’s the thing. I’m not a big Thor fan as far as long term investments go. I may be wrong but I think this is too much to pay for a 9.4 copy of Thor #2, signed or not.
Advantage Seller
Walking Dead #1, Image Comics, (October 2003) Graded by CGC at 9.6 with White pages did not sell for the minimum bid of $1,000. The Overstreet price guide value for this comic at 9.2 is $250.00.
I was surprised this one didn’t go, I mean the 90 day average on this book according to the GPA is over $1000.
Perhaps Pedigree’s reputation as an auction house specializing in Silver Age comics hurt the ability of this book to sell.
I can just picture hundreds of old grizzled Silver Age fans salivating at the FF #2 9.8 saying, “a thousand bucks for that!”
Well in light of the big money that changed hands over this book yesterday I’ll have to call this
Opportunity Lost
So did you follow this auction? you pick up anything?
Hey Walt, Matt Nelson just sent out a e-blast saying that he’s joined CGC and that he’s moving to sunny Florida. What do you make of this news… good, bad… meh?
Despite the controversy, at the very least, I guess this means that CGC is officially embracing pressing and hopes to profit from it. Will this mean that books sent to Matt will have a greater likelihood of being upgraded? Not officially of course, but the more they upgrade, the better their bottom line is going to be. Conflict of interest? Heck yeah!
From a business point of view, I applaud their initiative. I like that they are expanding and bringing in value added services. I wonder how Joe Grisolia feels about all this. He’s got his own following so maybe it doesn’t mean anything to him…
Who’s Joe Grisolia ?
I’m not sure Charlie, they will be under a lot of scrutiny. The market needs to have trust and these guys have a lot invested in the health of the market, I hope these two facts help police the situation.
Joe has loyal customers, I’m sure he’ll be fine. BTW Ed, Joe has a comic pressing business in Florida.
I’m with you on the softness of the JIM #84. Definitely the weakest “second appearance” SA Marvel book out there. High point of the book is 1st appearance of Jane Foster? No key villain 1st appearance. Iron Man had the switch to his Gold Armor in his second app, 2nd Spider-man was ASM #1, 2nd F4 revealed the Skrulls! Right up there with X-men #2…