INSURED VALUE1820
Pages:
1
 Collector
|
VisceralDreams private msg quote post Address this user | |
| This may be a dumb question. When cbcs asks the insured value of the comic, is that that the value before or after grading? The terms say they won't pay more that the insured value you filled in if something happens to the books. Just wondering. Thanks | ||
| Post 1 • IP flag post | ||
 COLLECTOR
|
DarthLego private msg quote post Address this user | |
| It's the value of replacement of the book should CBCS destroy it, how much it would take to replace the book in the condition you sent it to them. | ||
| Post 2 • IP flag post | ||
|
Collector
|
VisceralDreams private msg quote post Address this user | |
| That's what i thought. Thanks That Lego Batman movie is going to be awesome btw Quote: Originally Posted by DarthLego |
||
| Post 3 • IP flag post | ||
|
COLLECTOR
|
DarthLego private msg quote post Address this user | |
| If you submit a hot book you may want to bump it up a little, considering that they could have it for 3 months, the price to replace it might be more than you consider at the time. | ||
| Post 4 • IP flag post | ||
 Collector
|
Rafel private msg quote post Address this user | |
Quote:Originally Posted by DarthLego That is not a true statement!! I have a 1948 "The SECRETS BEHIND THE COMIC BOOK" written by Stan Lee, signed by STAN LEE, graded by CBCS at a 7.0 and it was damaged by CBCS in slabbing. I had to have the book repaired (by an outsider), regraded by CGC (now 6.5)and slabbed. CBCS refunded my cost to them (CBCS) and they offered give me the difference in the two grades NOT the $400 (grade 7.0 and signed by Stan Lee) they said it was worth. |
||
| Post 5 • IP flag post | ||
|
COLLECTOR
|
DarthLego private msg quote post Address this user | |
| You still had the book, which was repaired and not replaced. CBCS effectively paid you the cost of the damage they caused. Had the book been irreparably damaged, do you not think they would have made you whole? I would hope that they would have. | ||
| Post 6 • IP flag post | ||
|
Collector
|
Rafel private msg quote post Address this user | |
Quote:Originally Posted by DarthLego The problem is my book PER CBCS should have never been slabbed. It is too thick and should have been sent back. Now, I have a book (RESTORED) and at a lower grade (7.0 down graded to a 6.5), I had to pay for the repair AND regraded and slabbed by CGC. I'm not a fan of CGC but they seemed to stepped up to the plate. Oh, CBCS just refunded my fee (grading and COA) nothing more. |
||
| Post 7 • IP flag post | ||
 COLLECTOR
|
shrewbeer private msg quote post Address this user | |
Quote:Originally Posted by Rafel Quote: Originally Posted by Rafel Something just isnt adding up here  , you taking the piss or am i just confused? They offered you the difference in grade from the 7 to whatever it was after damage? And if thats true so why would you not take the money? |
||
| Post 8 • IP flag post | ||
|
Collector
|
Rafel private msg quote post Address this user | |
Quote:Originally Posted by shrewbeer The difference was $50.00. It cost me just under $100.00 to get it restored (by an independent restorer) and slabbed by CGC. So I lost the value of a solid grade 7 book to a now restored 6.5. The point being I'm not happy with the final result. Plus, CBCS knew they shouldn't have tried to slab it so why did they? If they hadn't I 'd have my grade 7 book back and much happier. |
||
| Post 9 • IP flag post | ||
 Ima gonna steal this and look for some occasion to use it!
|
IronMan private msg quote post Address this user | |
| Well, I understand your frustration. However - "insurance or settlement" should be thought of as what you have on your car. If the insurance company totals your car out - they KEEP your car. You have to hand over title and keys to get the check. Since you still have the book - the most CBCS owes you is value lost. If you want $400, you have to give them the book. Expecting $400 and to get to keep the book is unreasonable on your part. The book still has value. IMHO CBCS should have refunded you more than just the cost of grading. A restored copy of such an uncommon book might be worth 50-60% of unrestored. But they do not owe you $400. Nothing even close. Unless you hand over the book. It's also likely that CBCS "learned" they shouldn't slab that book - not that they "knew" they shouldn't slab the book. It's not like you are talking about a New Mutants 98. Your copy was likely the first - and last - they encapsulated. |
||
| Post 10 • IP flag post | ||
|
Collector
|
Rafel private msg quote post Address this user | |
Quote:Originally Posted by IronMan Thank you IRONMAN for that. CBCS did say if want the $400 then they would have kept the book. Which was out of the question. To me it's a one of a kind item. I've never seen it before and a signed copy is a very rare item to me. Thanks again for your reply. |
||
| Post 11 • IP flag post | ||
 Collector
|
Johnnylray private msg quote post Address this user | |
| seen a few come and go on ebay.(currently 5 on it) here is one up now: clickable text | ||
| Post 12 • IP flag post | ||
 COLLECTOR
|
dielinfinite private msg quote post Address this user | |
Quote:Originally Posted by Johnnylray Hmmm, $255 BIN + $100 to replace the signature + Grading Fees pretty much brings us back to that $400 insurance settlement |
||
| Post 13 • IP flag post | ||
|
COLLECTOR
|
shrewbeer private msg quote post Address this user | |
Sounds like CBCS screwed up but did right by you in their offers for cash. Sucks that it happened, but its good to know they were willing to pony up  |
||
| Post 14 • IP flag post | ||
Pages:
1This topic is archived. Start new topic?