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Do cracked cases affect sale price?17381

Feel free to use my post as a checklist. multi007 private msg quote post Address this user
I have this book - CGC Signature Series - Stan Lee and Todd McFarlane. Has two cracks - top right, bottom right. Book not affected. (I bought this books literally 2 months before he passed as is condition for $200. I personally didnt object to the cracked case at the time. But that's just me.

BUT... IF I were to sell it, would price be significantly less because of the two cracks? Or should I go through the reholder process?

Thanks




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Collector Sebastsk8 private msg quote post Address this user
It'll definitely affect price, but shouldn't be drastic as it's in areas that would not affect the book. Having bought it for 200, you definitely won't lose money on it.
Post 2 IP   flag post
Feel free to use my post as a checklist. multi007 private msg quote post Address this user
Would you reholder it?

Quote:
Originally Posted by Sebastsk8
It'll definitely affect price, but shouldn't be drastic as it's in areas that would not affect the book. Having bought it for 200, you definitely won't lose money on it.
Post 3 IP   flag post
" . " Davethebrave private msg quote post Address this user
Consider the following:

First, assume it must be reholdered.

Now, what amount of price reduction would you take to not bother with the hassle, expense, time and risks of reholdering?

This is a decent baseline for price impact. Of course some may take a smaller amount (long-term buyers for example). Some may require more.

My suggestion is to try and sell as-is (if possible without incurring major effort) and see where offers land vs the thought experiment above. Then you can see if it makes sense to reholder. If you are firmer on pricing closer to FMV then expect it to take longer to sell.
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Feel free to use my post as a checklist. multi007 private msg quote post Address this user
Makes complete sense. Thank you.

Quote:
Originally Posted by Davethebrave
Consider the following:

First, assume it must be reholdered.

Now, what amount of price reduction would you take to not bother with the hassle, expense, time and risks of reholdering?

This is a decent baseline for price impact. Of course some may take a smaller amount (long-term buyers for example). Some may require more.

My suggestion is to try and sell as-is (if possible without incurring major effort) and see where offers land vs the thought experiment above. Then you can see if it makes sense to reholder. If you are firmer on pricing closer to FMV then expect it to take longer to sell.
Post 5 IP   flag post
Collector HooperSchaefer private msg quote post Address this user
For maximum value, I would reholder it.
The only part I’m conflicted about is that it wouldn’t come back in that Stan Lee custom label.

You could set up a quick post or “Buy It Now with Offers” while you’re getting your CGC send-in prepared and see if there are any immediate bites to your liking. There might be a collector that values having books with that custom label, even in its current condition.
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Collector Rjman48 private msg quote post Address this user
Adjusting the price the cost of a reholder is something I've done before!
Post 7 IP   flag post
Collector Supermole private msg quote post Address this user
If you are just doing a reholder why wouldn't the same label be used?
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Feel free to use my post as a checklist. multi007 private msg quote post Address this user
i thought this - but i figured they would take the old label and put it in the new case...

Quote:
Originally Posted by HooperSchaefer
For maximum value, I would reholder it.
The only part I’m conflicted about is that it wouldn’t come back in that Stan Lee custom label.

You could set up a quick post or “Buy It Now with Offers” while you’re getting your CGC send-in prepared and see if there are any immediate bites to your liking. There might be a collector that values having books with that custom label, even in its current condition.
Post 9 IP   flag post
Collector Rjman48 private msg quote post Address this user
They keep the same cert number.
Post 10 IP   flag post
Collector Supermole private msg quote post Address this user
Call and ask them if they will keep the old label.
Post 11 IP   flag post
Collector HooperSchaefer private msg quote post Address this user
My apologies if my information was wrong. On my reholders, it certainly appears that new labels were printed. (None of them were custom, however).
It is true that the certification number stays the same.
My assumption was that every encapsulation, even reholders, gets a new label printed to reflect the most up-to-date creator info and appearance notes. In my head, there also might be a security reason on their end to always destroy incoming labels when finished with the order and print new outgoing ones.
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Thank you sir. May I have another? Siggy private msg quote post Address this user
I purchased an X-Men 94 7.0 with a broken (open) corner at FMV a couple years ago. I knew who the seller was (CGC Forum) and he provided plenty images so I could see there was no damage. The case didn't matter to me (I'm one of those collectors), so I didn't hesitate.
I wouldn't be surprised if you get prospective buyers claiming it's only worth a 9.2- Odds are they'll be holding a spatula, ready to flip.
Post 13 IP   flag post
Feel free to use my post as a checklist. multi007 private msg quote post Address this user
Thanks. Lots a good suggestions here!



Quote:
Originally Posted by Siggy
I purchased an X-Men 94 7.0 with a broken (open) corner at FMV a couple years ago. I knew who the seller was (CGC Forum) and he provided plenty images so I could see there was no damage. The case didn't matter to me (I'm one of those collectors), so I didn't hesitate.
I wouldn't be surprised if you get prospective buyers claiming it's only worth a 9.2- Odds are they'll be holding a spatula, ready to flip.
Post 14 IP   flag post
I've spent years perfecting my brand of assholery. DrWatson private msg quote post Address this user
The labels change on reholders.
Post 15 IP   flag post
I have not set up at a con since 2029. PolarisNuclearSS2020 private msg quote post Address this user
Quote:
Originally Posted by Siggy
I purchased an X-Men 94 7.0 with a broken (open) corner at FMV a couple years ago. I knew who the seller was (CGC Forum) and he provided plenty images so I could see there was no damage. The case didn't matter to me (I'm one of those collectors), so I didn't hesitate.
I wouldn't be surprised if you get prospective buyers claiming it's only worth a 9.2- Odds are they'll be holding a spatula, ready to flip.


The inverse is that the sort of person that will pay $500-$1000 for a SM 1 CGC 9.8 Lee label does not have the mentality of an experienced collector.

A cracked slab to most of them means they are unsure if the book would keep a 9.8 if reholdered and they pay a premium bc it's a shiny 9.8 .

Or as you said, are looking to beat a seller down to buy n flip.

Than there's the possibility of the buyer asking for a partial refund, claiming SCS occurred in transit etc.

A $20 reholder takes about a month IIRC.call it $60+ all in with insured shipping both ways.

I'd say put the slab up at $75 under the current high end of this book on direct 9.8 Lee SS and give it a full weekend to sell.

No best offer option.

If it doesn't move , which it probably won't, than send it I for a reholder and get more than that $75 drop for it when it comes back.

But @multi007 , if the book can be reholdered with the custom Lee label, just do that first. I'd call CGC for confirmation of that and he sure to note that on the reholder form...I'd also tape a big post it sticker on the slab indicating it is to be reholdered with the Lee label to play it safe.
Post 16 IP   flag post
I have not set up at a con since 2029. PolarisNuclearSS2020 private msg quote post Address this user
Quote:
Originally Posted by ComicHoarder
Quote:
Originally Posted by Siggy
I purchased an X-Men 94 7.0 with a broken (open) corner at FMV a couple years ago. I knew who the seller was (CGC Forum) and he provided plenty images so I could see there was no damage. The case didn't matter to me (I'm one of those
collectors), so I didn't hesitate.
I wouldn't be surprised if you get prospective buyers claiming it's only worth a 9.2- Odds are they'll be holding a spatula, ready to flip.


The inverse is that the sort of person that will pay $500-$1000 for a SM 1 CGC 9.8 Lee label does not have the mentality of an experienced collector.

A cracked slab to most of them means they are unsure if the book would keep a 9.8 if reholdered and they pay a premium bc it's a shiny 9.8 .

Or as you said, are looking to beat a seller down to buy n flip.

Than there's the possibility of the buyer asking for a partial refund, claiming SCS occurred in transit etc.

A $20 reholder takes about a month IIRC.call it $60+ all in with insured shipping both ways.

I'd say put the slab up at $75 under the current high end of this book on direct 9.8 Lee SS and give it a full weekend to sell.

No best offer option.

If it doesn't move , which it probably won't, than send it I for a reholder and get more than that $75 drop for it when it comes back.

But @multi007 , if the book can be reholdered with the custom Lee label, just do that first. I'd call CGC for confirmation of that and he sure to note that on the reholder form...I'd also tape a big post it sticker on the slab indicating it is to be reholdered with the Lee label to play it safe.


@multi007
Disregard the $500-$1000 figure I put on this book above, last sale of a direct edition black cover was $785 + shipping/tax in auction.

Didn't see any recent sales of a green, besides a direct green lee and McFarlane sold at $1550....tho it could have sold via the "send Offer" function to anyone watching it or a reply message...and GPA records those sales at the full BIN asking price, apparently their software can't catch those sales.

I'd put $825 on it + the cost of insured priority shipping with signature confirmation to addressee only required....with that and tax, the slab will clock at around $900.

Offer international shipping thru eBay GSP with same requirement as well, I think it'll possibly move at that price and it looks like somewhat of a deal.

There are no green Lee SS 9.8's on eBay right now so I'd say strike while the iron is hot.

If it doesn't sell in a week, I'd send it on for a reholder, and request they use the same label....the cert number won't change, but the upc code on the slab may prohibit cgc from using the same Lee label.
Post 17 IP   flag post
I have not set up at a con since 2029. PolarisNuclearSS2020 private msg quote post Address this user
Also...just an unrelated observation...

But a SS Lee 9.8 was a $200 and change slab, pre-pandemic.

FFS.
Post 18 IP   flag post
Feel free to use my post as a checklist. multi007 private msg quote post Address this user
thanks!

Quote:
Originally Posted by ComicHoarder
Quote:
Originally Posted by ComicHoarder
Quote:
Originally Posted by Siggy
I purchased an X-Men 94 7.0 with a broken (open) corner at FMV a couple years ago. I knew who the seller was (CGC Forum) and he provided plenty images so I could see there was no damage. The case didn't matter to me (I'm one of those
collectors), so I didn't hesitate.
I wouldn't be surprised if you get prospective buyers claiming it's only worth a 9.2- Odds are they'll be holding a spatula, ready to flip.


The inverse is that the sort of person that will pay $500-$1000 for a SM 1 CGC 9.8 Lee label does not have the mentality of an experienced collector.

A cracked slab to most of them means they are unsure if the book would keep a 9.8 if reholdered and they pay a premium bc it's a shiny 9.8 .

Or as you said, are looking to beat a seller down to buy n flip.

Than there's the possibility of the buyer asking for a partial refund, claiming SCS occurred in transit etc.

A $20 reholder takes about a month IIRC.call it $60+ all in with insured shipping both ways.

I'd say put the slab up at $75 under the current high end of this book on direct 9.8 Lee SS and give it a full weekend to sell.

No best offer option.

If it doesn't move , which it probably won't, than send it I for a reholder and get more than that $75 drop for it when it comes back.

But @multi007 , if the book can be reholdered with the custom Lee label, just do that first. I'd call CGC for confirmation of that and he sure to note that on the reholder form...I'd also tape a big post it sticker on the slab indicating it is to be reholdered with the Lee label to play it safe.


@multi007
Disregard the $500-$1000 figure I put on this book above, last sale of a direct edition black cover was $785 + shipping/tax in auction.

Didn't see any recent sales of a green, besides a direct green lee and McFarlane sold at $1550....tho it could have sold via the "send Offer" function to anyone watching it or a reply message...and GPA records those sales at the full BIN asking price, apparently their software can't catch those sales.

I'd put $825 on it + the cost of insured priority shipping with signature confirmation to addressee only required....with that and tax, the slab will clock at around $900.

Offer international shipping thru eBay GSP with same requirement as well, I think it'll possibly move at that price and it looks like somewhat of a deal.

There are no green Lee SS 9.8's on eBay right now so I'd say strike while the iron is hot.

If it doesn't sell in a week, I'd send it on for a reholder, and request they use the same label....the cert number won't change, but the upc code on the slab may prohibit cgc from using the same Lee label.
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