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ASM 361 2nd print CBCS 9.8 score... and question6671

SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
So there was a CBCS 9.8 of Amazing Spider-Man 361 2nd print on the bay for auction. I put in what I thought was a low bid. I already own one CGC 9.8, but I prefer CBCS slabs for PC.
https://www.ebay.com/itm/Amazing-Spider-Man-1st-Series-361A-1992-2nd-Printing-CBCS-9-8/302773433623?hash=item467eb3f517:g:PPYAAOSwao1bJFVP
Lo and behold I get it for $106.65 w/shipping.
Recent bay sales have been mostly over $200. FMV is $190 on GoCollect.

A fluke?
Disrespect to CBCS slabs?
I still think CBCS slabs are going to continue gaining relative value.
Regardless, I'm happy.

I guess I'll be putting up the CGC 9.8 soon.
Post 1 IP   flag post
COLLECTOR shrewbeer private msg quote post Address this user
Not really a fluke, that’s the market right now. Looking at high-dollar books the final values are relatively even, but in lower value books there is quite a delta between similar sold prices.

Perhaps the younger crowd of modern collectors has more trust in CGC?

Congrats on the grab though!
Post 2 IP   flag post
-Our Odin-
Rest in Peace
Jesse_O private msg quote post Address this user
I can think of a few reasons it went so cheap. First off, bad timing on part of the seller for an ending time. It ended late on a Friday night. Second, not exactly the best picture. There is a bad reflection on one side and a piece of tape in the corner. Third, little to no description by the seller. and lastly, it IS a second printing. Yes, I know you are looking at pricing on second prints. But that's why ending on a Friday evening, early Saturday morning, depending which time zone you are in, is a horrible idea. As a seller, you want people to be looking at your item at prime times. I have little doubt that if you took this same book, took decent pictures, had a good description, even if it was just on the comic in general, and ended it on a Sunday evening (about 7-8 pm CST) that you would see a profit. I'd say you got a great deal because of a seller not showcasing his comic properly.

But this brings up something that I always hate when people compare CGC to CBCS prices. EVERYBODY says "Buy the book, not the grade." Yet, if there is a small difference in prices, it's assumed that it's because of the label!!! Some of these arguments (not this one) make me want to pull my hair out!!! Just had to put that out there.
Post 3 IP   flag post
I bought a meat grinder on amazon for $60 and it's changed my life. kaptainmyke private msg quote post Address this user
Quote:
Originally Posted by shrewbeer
Not really a fluke, that’s the market right now.
Post 4 IP   flag post
Collector Homer private msg quote post Address this user
The seller was taking a financial risk by auctioning off this book, congrats to the winner. If your in for the flip, stick with fixed price.
Post 5 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Excellent points made
Auction was poorly timed and lacking good photos and description. I will likely sell my CGC book when the time is right.
The scotch tape on the corner is intriguing and I had noticed it, but the brief description said new case. (It's obviously not a new case.) I'll post some decent photos upon arrival. Hopefully no returns needed.
Post 6 IP   flag post
Collector CopperAgeKids private msg quote post Address this user
If there is tape on the slab, you can always peel it off and use an adhesive remover on the case to get any residue off.

If the slab arrives cracked, I'd have the seller pay for reholdering (and all shipping) the book.
Post 7 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user



I promised an update when this book arrived. It arrived!. Well, a book arrived. Not what I was expecting to unbox. It's not that I don't want a copy of Spec 64, but it's not what I bought. Sooooo return has been initiated.

Unexpected education for me: This is the first slabbed book I've seen with severe newton ring effect; it is distracting and I would not be happy if I got any book back from grading like that. I totally see what the fuss is about now. It looks worse than in the pic.
I'm leaning hard toward CBCS only. The difference really is clear.
Post 8 IP   flag post
I bought a meat grinder on amazon for $60 and it's changed my life. kaptainmyke private msg quote post Address this user
so they sent you the wrong book?
Post 9 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Quote:
Originally Posted by kaptainmyke
so they sent you the wrong book?

They certainly did. It's a book they sold around the same time as mine. I'm guessing my book went to the buyer of the book I got. Good thing I'm not in a hurry.
Post 10 IP   flag post
Beaten by boat oars Studley_Dudley private msg quote post Address this user
Those Newton rings sting the retinas.
Post 11 IP   flag post
Collector Homer private msg quote post Address this user
Ouch poor guy took a price hit on the auction, now a price hit on the return shipping.
Post 12 IP   flag post
Collector CopperAgeKids private msg quote post Address this user
Quote:
Originally Posted by Homer
Ouch poor guy took a price hit on the auction, now a price hit on the return shipping.



Yeah, he screwed up twice....he is now looking at losing $55, between covering shipping two slabs, a total of 4 additional trips.

I honestly don't know why sellers, who don't have a large following (like Comics4Less), would ever run a book in an suction, that isn't in crazy high demand.

If you need to make some cash, just run it as a BIN, with the price set well below FMV.

I see quite a lot of CGC graded books sell for pretty low prices in auction, as well.

The seller could have easily banged $150 out of that book, probably would have sold within the first day (or 3) of being listed at a $149.99 BIN, if he wanted to generate some quick dough.

Another gaping negative with running auctions is the possibility of getting deadbeat bidders.. .and unless you run a 24 hour auction, which is even a bigger risk IMO, you have to wait a week and change to get less money than you would, had you set a low BIN price.

With a BIN, the book isn'the off the market until it's paid for.
Post 13 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Update!
I was given a full refund and returned the incorrect book on sellers dime.

Fast forward a few weeks I see the same exact slab up for auction again by the same seller. So I bought it, again. Auction ended when most people are at work and the same pictures were used.
Still went for a little more but a good buy regardless.
Let’s see if seller ships me the correct book this time!
Post 14 IP   flag post
I bought a meat grinder on amazon for $60 and it's changed my life. kaptainmyke private msg quote post Address this user
So you ended up buying it again, at a higher price now? From the same seller?

Oh my Yahweh.
Post 15 IP   flag post
Collector Logan510 private msg quote post Address this user
Why didn’t he arrange to get you the correct book at the time? I smell something fishy.
Post 16 IP   flag post
Collector Darkga private msg quote post Address this user
You actually should have just kept that Spectacular Spider-Man #64 for the $106.65 shipped; it's a better book in my opinion.
Post 17 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Spectacular 64 9.0 is worth less than ASM 361 2nd print 9.8. Better book? Not as far as $ is concerned.

If the seller is pulling something fishy he’s not very good at it. 🤔
That thought is one of the reasons I decided to buy it again.
Post 18 IP   flag post
COLLECTOR shrewbeer private msg quote post Address this user
Quote:
Originally Posted by Joosh
Update!
I was given a full refund and returned the incorrect book on sellers dime.

Fast forward a few weeks I see the same exact slab up for auction again by the same seller. So I bought it, again. Auction ended when most people are at work and the same pictures were used.
Still went for a little more but a good buy regardless.
Let’s see if seller ships me the correct book this time!


So instead of sending the wrong book back for the right book, you got a full refund and then bought the right book at a higher price?
Post 19 IP   flag post
Why just the women? I like bears. Gaard private msg quote post Address this user
Quote:
Originally Posted by shrewbeer
Quote:
Originally Posted by Joosh
Update!
I was given a full refund and returned the incorrect book on sellers dime.

Fast forward a few weeks I see the same exact slab up for auction again by the same seller. So I bought it, again. Auction ended when most people are at work and the same pictures were used.
Still went for a little more but a good buy regardless.
Let’s see if seller ships me the correct book this time!


So instead of sending the wrong book back for the right book, you got a full refund and then bought the right book at a higher price?

This seller's a genius!
Post 20 IP   flag post
Collector iggykoopa30 private msg quote post Address this user
Quote:
Originally Posted by Gaard
Quote:
Originally Posted by shrewbeer
Quote:
Originally Posted by Joosh
Update!
I was given a full refund and returned the incorrect book on sellers dime.

Fast forward a few weeks I see the same exact slab up for auction again by the same seller. So I bought it, again. Auction ended when most people are at work and the same pictures were used.
Still went for a little more but a good buy regardless.
Let’s see if seller ships me the correct book this time!


So instead of sending the wrong book back for the right book, you got a full refund and then bought the right book at a higher price?

This seller's a genius!


Wait, so you didn't get the book you paid for? The seller didn't send you the book you won after you sent him the mistaken book back? And you paid more money for a book that you had already won? I had to read it a couple of times. Is that how it happened??
Post 21 IP   flag post
I bought a meat grinder on amazon for $60 and it's changed my life. kaptainmyke private msg quote post Address this user
Yep.
Post 22 IP   flag post
Collector Homer private msg quote post Address this user
This is the first time I’ve ever
Post 23 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Yep.
Seller refunded the money. We’re talking a $14 difference between 2 auctions. Still a good buy.
I’m guessing seller refunded money instead of waiting for the other buyer to return my book. Like I said, if the seller is scheming he’s still net negative with all his return shipping costs. The consistent poorly made/timed auctions also lead me to believe a lack of schemes.
Post 24 IP   flag post
Collector iggykoopa30 private msg quote post Address this user
As long as you're good with it, that's what matters. And yea, dude is out money from shipping alone so I'm not sure what the angle is for him. Maybe just a series of unfortunate events...
Post 25 IP   flag post
Collector Homer private msg quote post Address this user
Seller probably refunded the money to get out of the second shipping costs of sending you the book you ordered. Now he is charging you for shipping instead of paying for his mistake. If your happy with it, enjoy the book.
Post 26 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Quote:
Originally Posted by Gaard
Quote:
Originally Posted by shrewbeer
Quote:
Originally Posted by Joosh
Update!
I was given a full refund and returned the incorrect book on sellers dime.

Fast forward a few weeks I see the same exact slab up for auction again by the same seller. So I bought it, again. Auction ended when most people are at work and the same pictures were used.
Still went for a little more but a good buy regardless.
Let’s see if seller ships me the correct book this time!


So instead of sending the wrong book back for the right book, you got a full refund and then bought the right book at a higher price?

This seller's a genius!


Disagree. Seller got way less than FMV both sales and had to pay return shipping on 2 books. Doesn’t take genius to have created a well done BIN a little under FMV and sold within a few days. I can see the (short lived) scam potential but it’s not happening here.
Now if I get the wrong book again I’ll change my tune and seller will get 2 negatives.
I already own a CGC 9.8 w/o newton rings, so the plan is to see which book looks best and sell the other.
Post 27 IP   flag post
Collector Darkga private msg quote post Address this user
Quote:
Originally Posted by Joosh
Spectacular 64 9.0 is worth less than ASM 361 2nd print 9.8. Better book? Not as far as $ is concerned.


That's why I said "in my opinion." I'm not really taking the money into account, and I don't like Carnage as a character. Also keep in mind that CGC has 2,753 (1st and 2nd print combined) total copies of ASM #361 graded at 9.8 alone. Compare that to 1,405 total CGC copies of SS #64 in ALL grades. That means any graded copy of SS #64 is rarer than a 9.8 of ASM #361. I personally like scarcer books.
Post 28 IP   flag post
SpongeBob Comics #1 sells for $991! Joosh private msg quote post Address this user
Quote:
Originally Posted by Darkga
Quote:
Originally Posted by Joosh
Spectacular 64 9.0 is worth less than ASM 361 2nd print 9.8. Better book? Not as far as $ is concerned.


That's why I said "in my opinion." I'm not really taking the money into account, and I don't like Carnage as a character. Also keep in mind that CGC has 2,753 (1st and 2nd print combined) total copies of ASM #361 graded at 9.8 alone. Compare that to 1,405 total CGC copies of SS #64 in ALL grades. That means any graded copy of SS #64 is rarer than a 9.8 of ASM #361. I personally like scarcer books.



I disagree with combining 1st and 2nd prints to prove scarcity. They are two different books.
ASM 361 2nd print has 524 total graded on CGC census. That's the book to have for scarcity at less than half the qty of Spec 64.
Post 29 IP   flag post
Collector Darkga private msg quote post Address this user
Quote:
Originally Posted by Joosh
Quote:
Originally Posted by Darkga
Quote:
Originally Posted by Joosh
Spectacular 64 9.0 is worth less than ASM 361 2nd print 9.8. Better book? Not as far as $ is concerned.


That's why I said "in my opinion." I'm not really taking the money into account, and I don't like Carnage as a character. Also keep in mind that CGC has 2,753 (1st and 2nd print combined) total copies of ASM #361 graded at 9.8 alone. Compare that to 1,405 total CGC copies of SS #64 in ALL grades. That means any graded copy of SS #64 is rarer than a 9.8 of ASM #361. I personally like scarcer books.



I disagree with combining 1st and 2nd prints to prove scarcity. They are two different books.
ASM 361 2nd print has 524 total graded on CGC census. That's the book to have for scarcity at less than half the qty of Spec 64.


I can understand your viewpoint, and you got a good deal either way.
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