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Ultimate Fallout - Another CGC/CBCS Market Comparison19619

I have not set up at a con since 2029. PolarisNuclearSS2020 private msg quote post Address this user
Quote:
Originally Posted by Davethebrave
Quote:
Originally Posted by flanders
Although the slab is from 2021 it appears CBCS still hasn't fixed that annoying scratch on the bottom of all their slabs (that no one seems to want to talk about when praising how clear their slabs are). Looking at both scans, it's possible both are 9.8s or neither are. It's hard to tell if certain things are on the slab, inner well, or the comic.

With the great reviews for the newly released movie I'm guessing the values will be in line with the most recent heritage sales.

33k for the CGC 9.8
28k for the CBCS 9.8 - I believe a CGC 9.8 sold for around 29k in April 2023, so I expect the CBCS book to be slightly lower than this.


The CBCS listing specifically calls out the (many, many, many) scuffs as being on the inside of case but not the comic. Those scratches (front and back!) seem to clearly BE scratches but definitely not doing it any favors. Overall, it is a pretty ugly slab. The CGC 9.8 has some stuff going on with the bottom back cover - reflections? Damage? Hard to tell. Also not ideal.

Those who believe CBCS undergrades vs CGC should buy that CBCS copy if anything NEAR the current 2:1 price ratio persists through auction close. Personally, in this instance (at this gap) I’d be hard pressed to NOT buy the CBCS copy.

Of course it is tricky when I wouldn’t want to spend $2k on -any- of these books, let alone $10k-$20k+. Perhaps in this part of the market rationality is so far out the door that it’s already at the airport and waiting for its flight.


I don’t think either CGC or CBCS overgrades or undergrades to any significant extent, compared to one another.

Buying a CBCS 9.8 and assuming it’ll get a 9.8 from CGC isn’t a good idea, without carefully looking over the slabbed book before bidding.

Even if it were to be a solid 9.8, what if the book suffers a finger bend when CGC cracks open the slab or a spine tick from being stored in a polybag & regular backing board by CGC?

That 9.8 drops to 9.0-9.6.

Have you seen the bags & boards both CGC & CBCS have at their tables at conventions and that CGC includes in their shipping kits?

They aren’t Mylite2’s and full backs.

I don’t know what supplies are used by CGC or CBCS, once they crack a slab.
Post 26 IP   flag post
" . " Davethebrave private msg quote post Address this user
Similar risk exists submitting any high value book. That also includes (perhaps even more applicable with) pressing.

So those who crack and press books should be climbing over each other to acquire CBCS books that present at discounts, especially IF CBCS grading is more strict.

I don’t play the 9.8 game and for those books I do focus on (mostly SA and GA) I see no CGC grading issues. But many swear that CGC has looser standards overall and in some areas, they may. But this would suggest an opportunity - especially if at the SAME grade CGC trades at a premium.

It becomes a “double-arbitrage” and frankly would massively overcome any case-by-case submission damage risk.

I’d love to test it - and maybe I will - if it happens with a book I’m otherwise interested in acquiring.
Post 27 IP   flag post
Collector Terry88 private msg quote post Address this user
Until stuff like this stops happening, I'm done having books graded. I'll just continue to let everyone else take the risk.




Post 28 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 Davethebrave
Similar risk exists submitting any high value book. That also includes (perhaps even more applicable with) pressing.

So those who crack and press books should be climbing over each other to acquire CBCS books that present at discounts, especially IF CBCS grading is more strict.

I don’t play the 9.8 game and for those books I do focus on (mostly SA and GA) I see no CGC grading issues. But many swear that CGC has looser standards overall and in some areas, they may. But this would suggest an opportunity - especially if at the SAME grade CGC trades at a premium.

It becomes a “double-arbitrage” and frankly would massively overcome any case-by-case submission damage risk.

I’d love to test it - and maybe I will - if it happens with a book I’m otherwise interested in acquiring.


Many others say the same, but the other way around.

The only thing consistent about CGC and CGC grading is that both are fairly inconsistent. You can get a 9.6 one day, then crack it out and te-sub and get a 9.8.

Disagree that there’s a risk in pressing, other than more people handling your book- which is a risk but that’s why some submitters learn to press their own books, as well as to cut out the pressing fees and pressing TAT.
Post 29 IP   flag post
Have I told you about the time I dropped off 3,000 comics at SDCC? Scifinator private msg quote post Address this user
Quote:
Originally Posted by KatKomics
guess my sh!t 9.6 copy of the normal cover will have to make due.... only paid $40 for it though and my kid will be happy to have it once I'm not around?
@KatKomics - if it is a 9.6 CBCS, crack it imand send to CGC for a 9.8 grade or to pgx for a 9.9
Post 30 IP   flag post


I'd like to say I still turned out alright, but that would be a lie. flanders private msg quote post Address this user
The bids are both $8700 after the buyer's premium at the moment, which is meaningless because most bids aren't placed until the end anyway. Does anyone else have a prediction for the winning bid? I think I'm the only one that's made one so far.

Quote:
Originally Posted by flanders
33k for the CGC 9.8
28k for the CBCS 9.8 - I believe a CGC 9.8 sold for around 29k in April 2023, so I expect the CBCS book to be slightly lower than this.
Post 31 IP   flag post
" . " Davethebrave private msg quote post Address this user
Quote:
Originally Posted by flanders
The bids are both $8700 after the buyer's premium at the moment, which is meaningless because most bids aren't placed until the end anyway. Does anyone else have a prediction for the winning bid? I think I'm the only one that's made one so far.

Quote:
Originally Posted by flanders
33k for the CGC 9.8
28k for the CBCS 9.8 - I believe a CGC 9.8 sold for around 29k in April 2023, so I expect the CBCS book to be slightly lower than this.


I only predicted the gap closing substantially. That just happened over the past day (for now), which makes sense to me.

For absolute prices, I am not interested in where they end up. Speculative idiocy. —> The price action on these books, not the guessing at where their auctions end ;-)
Post 32 IP   flag post
" . " Davethebrave private msg quote post Address this user
The gap between the two 9.8s is sizable again.

Maybe the CBCS bidder backed off when it was pushing 5 figures? Of course, real focus should be on the books themselves.
Post 33 IP   flag post
" . " Davethebrave private msg quote post Address this user
$28k for CGC and $18k for CBCS

Pretty brutal price spread.
Post 34 IP   flag post
Collector ratwoodster private msg quote post Address this user
The same CBCS book was just re-auctioned today, sold for $12k (including buyer's premium). Ouch.

Another CGC 9.8 sold right before for $20,400.
Post 35 IP   flag post
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