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NostoNews, April 1, 2012
by Tommy Jasmin
New pricing for 2nd Quarter 2012, market comments
The new 2012 2nd Quarter pricing data is in!
Sign in and see how the current market is affecting
your collection value.
Remember, we are now computing separate pricing for
each grading service, as well as non-professionally graded items.
So if you add an item to My Lists as non-graded, your collection value
will likely change much less than if that item were graded by CGC, NGC, etc.
Below I make a few
market observations for each supported category.
Comics
This update is pretty much driven by the new Billy Wright pedigree collection.
We are getting some seldom gathered, key sales data points, which help to tighten
up our pricing algorithms. Let's kick things off with the copy of Action Comics 1
from this collection. At a mere CGC GD/VG 3.0, it still hauls in a lofty $298,750.00.
As a result, this quarter Superman has overtaken Batman with the coveted top slot in
out Top 100 lists - Action Comics 1 is once again the most valuable book in existence,
with our CGC NM 9.4 theoretical value computed to be $4,300,000.00.
Top dog once again
I think I'll just hop through the major publishers represented by this collection, to
give a broad overview on performance. Timelys are still sizzling hot with prices going
to incomprehensible levels. The Captain America Comics 2 I am showing below was
a stunning CGC NM 9.4 though. Clocking in at $113,525.00, this not only moves this book
into our Top 100, but well in, at slot #48.
Breaks the Nosto Top 100
On to publisher Fox, and arguably one of the most iconic comic book covers of all time,
Fantastic Comics 3. This is a much scarcer book than most people realize, however.
So even at a modest CGC FN- 5.5, the Billy Wright copy still pulled in a stunner of
a sale price at $19,120.00.
Scarcer than you think
One of the coolest things about this collection, is we got to see Golden Age comics that
just do not surface very often, such as Centaurs. On to that publisher, and let's use
for our example Amazing Mystery Funnies Volume 2, #5. Did you even know this had a
killer Bill Everett cover? This copy was fairly nice, at CGC VF- 7.5. What was really
nice though was the sale price - $8,365.00, wow!
Ultra-cool Bill Everett cover
Ok, just to show that not everything from this collection was setting new
records, let's move on to publisher Quality. Our example is Military Comics 3, a
beautiful CGC NM 9.4. But it does not even make the Overstreet 9.2 value, selling
for only $1,792.50. Not sure how that compared to our value, but easy enough for
you to go check if you are that curious.
Qualitys underperformed from the Billy Wright collection
To close, I have to do a "the cover sells the book" example, don't I? Here you
go, Lev Gleason's (who else?) Crime Does Not Pay 24, CGC VG- 3.5. Sold through
Heritage for $1,613.25. Might as well slab it, all we need is the cover on this
one. Don't think they had electric stoves back then, darn.
That's gonna leave a mark
Other items of note:
- What is up with The Surfer? All issues, smoking hot
Example below: Silver Surfer 2, Unc VF 8.0, $358.50
- Movie timing is everything (this should not be a $650 book)
Below, John Carter, Warlord of Mars, CGC NM/MT 9.8, $657.25
- Another great "cover sells the book" example. Umm... helloo Dad!
Below, The Farmer's Daughter 2, Unc VG+ 4.5, $167.30
- Action 13 breaks our Top 100 list this pricing update! Wow.
Well, he is stopping a train. Action Comics 13, CGC VG/FN 5.0, $35,850.00
Coins
I think it's about time we spot-lighted a nice Saint-Gaudens Double Eagle, and
this quarter one in particular stood out to me. The 1924-S example shown below
is graded PCGS MS-65, 3rd party authenticated as well (of course?). A very rare
issue with too much history to go into here, this is just plain and simple a
prized rarity, with high appeal and demand. The sale price ended up a stunning
$172,500.00.
You won't find this in pocket change
Our 2nd stellar performer example this quarter is an 1890-O Morgan Silver Dollar,
graded MS-66 Prooflike by PCGS. Being the only MS-66 certified Prooflike by PCGS,
we knew this would blow away the previous pricing data, but didn't guess by this
much. When the hammer fell, this coin went out the door for $27,600.00.
The only PGCS MS-66 Prooflike for this issue
Our last sales example which blows the old data out of the water this quarter is
a gorgeous 1956 Type One PR-68 Franklin Half, PCGS certified. A pretty much flawless
example, and tied for Finest Known, it pulled in a very hefty $2,990.00 in the Heritage
Long Beach sale.
Over 2x what previous sales pulled
Magazines
I'd have to go dig through the old market reports, but I'm pretty sure at one point
I commented on how it will be nice if a CGC NM 9.4 copy of Playboy 1 comes to market,
to gauge just how well we are computing pricing for this title.
It's a tough book in high grade, given the white cover. Both white and black covers
work against a book to pull those ultra-high grades.
This quarter, it
finally happened, with the mag shown below selling through Heritage Galleries for
$31,070.00. And the current Nosto CGC NM 9.4 value? $30,300.00. 'Nuff said.
Finally a CGC NM 9.4 hits the market
Thanks, we'll see you all next month.
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