Douglas W. McCratic Posted April 13, 2022 Share Posted April 13, 2022 In the Livestream today, Pete brought up the question of an algorithm or multiplier for pricing on CGC books. At least that was the gist of what I got while trying to tune in at work. I'm not certain that there is any formula that will ever apply across the board. My entry into the slabbed book realm was through CGC Signature series. The trouble is that slabbing an issue may affect the value of a relatively modern book immensely but not so much for an older book unless you're getting in the 9.0 and above range. Then you need to factor in the signatures. A great example is in my collection. I have a copy of Fear Agent: The Last Goodbye #1 Jack Davis variant cover in CGC 9.9 signed by Jack Davis. A 9.9 is already a premium and in many cases, the signature adds even more value. The trouble is the signer. I feel certain that a 9.9 signed by Jack Davis will bring significantly more than one signed by Tony Moore (no disrespect intended, Mr. Moore) because of Davis' status as an artist and that fact that he is not here to sign any more books. It can get even weirder. Stan Lee was a timid signer for a very long time. I don't think it is news to anyone that in the last few years of his life, he signed like a machine. Especially in the short time after he passed away, roughly one in three CGC SS books on eBay had Stan Lee in their description Just now, CGC SS bring up over 17,000 books while CGC SS Stan Lee brings up over 1,700 books, so one in ten is signed by "The Man." Currently on MySlabbedComics.com, there are 1179 Stan Lee signed books the next closest signer is Todd McFarlane at 353. That's less than a third! Frank Miller is next with 286 and he used to be notoriously hard to obtain. Keys never play by the rules on pricing, that's not news . It only gets worse when slabbing them. New Mutants #98 (first Deadpool) in CGC 9.8 will have a significantly larger multiplier than Amazing Spider-Man (2014) #4 (first Silk) but lower than Fantastic Four #1. Slabbing is a bizarre niche market. When I pulled together Frank Miller's Ronin years ago, #6 cost me around $250 (I think). At the time, it was the only one in the census, there are 15 now. I admittedly went high on it but it would complete my 9.8 run of the series. If I hadn't already had the other 5, I would never have considered paying more than $50 or so. The book isn't particularly rare, but it is a little more rare in high grade. All of this to say what Pete expressed so well in the Livestream. You could probably come up with some kind of algorithm if you could gather data from hundreds of sources and monitor it day in and day out but that's just not possible. I don't know that anything a simple as a multiplier could ever get close to following value on these books. Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now