For the first time in five years, CGC is raising their prices across the board. Sound good? There are a few noteworthy items here besides the price hike. Lastly, CGC has also raised the cost of return shipping. In addition to the service fee increases we discussed above, CGC has also tweaked the benefits associated with their yearly membership tiers. All other Membership benefits remain the same as before. For clarity, if you currently have an annual CGC Membership, you will retain your current benefits until your membership is due for renewal.
If you regularly submit comics to CGC for grading you know this. CGC will also tell you that In order to reduce or remove that bottleneck of crushing demand for their services, they hired 70 new employees , purchased an additional 21, square feet of space, and authorized thousands of hours of overtime to its employees in an effort to bring more efficiency to their operations. I think the challenge that the everyday speculator, flipper or investor of modern day books may face is avoiding making an error and taking a bath on lower priced modern books.
What wants a CGC 3. The sale price is less than the grading cost and nobody wants a 3. There is a break even number that can likely be calculated based on the end selling price of the book in raw vs graded condition.
The CGC pre-screen service is designed for those who only want a book graded if it passes a certain grade level e.
The margins get squeezed the lower the price of the book and the more you pay for grading and pressing. Great points Phil, I tend to only buy 9. Also, the prescreen process seems to be a must when dealing with modern books as you know, less than a 9. Here is a realistic scenario many a gocollect reader will one day be faced with. You buy and collect comic books over multiple years of visiting the local comic shop, buying on eBay or at a con.
They were bagged and boarded and read only once. You stop collecting because you lost interest or get caught up in other priorities such as career, raising a family, buying a house, etc.. At CGC 9. So what is the right decision? I suspect there are a ton of collectors faced with the future scenario, perhaps with guys like Reggie with 50 thousand books. And if you are going to sell it local that up until high dollar prices, many buyers will ask for discount because they are not buying on ebay, and want you to pass the savings to them.
A high dollar amounts you can get away with selling it at or near ebay with the value being that they can inspect it and purchase it in person. If you got the bump from pressing and got that would be after fees and shipping. A gain for You also have to for any unseen inside damage, besides the stamp. Your message is solid though, because there are definitely raw books out there that with the right eye and knowledge of the market that you could turn a profit just by buying, grading, then flipping ebay books.
Also note is that popular keys are still on the rise for investments and growth if you are willing to hold, though like any product or stock the bottom can fall out.
That said, back in a 3. Even last year a 5. So for those reading this, time the market, see what characters are getting a movie or a series, what studio is doing it, who is directing it.
Look at what happened to New Mutants 98, Iron Man And is currently happening to Edge of Spiderverse 2. How will x-men and related character books react when introduced to the Marvel Cinematic universe. Really good points! The Value a Grade Brings I took a look on eBay earlier today to see what a raw Hulk could be picked up for, I was able to find a raw copy estimated grade at 3.
How much does it Cost to get a Book Graded? What kind of ROI can you Expect? Are you going to grade your comic books? Tell us all about it! Want all the latest spec from Regie Collects? Comic Collectors' Corner.
Jestin Davis I have spent my professional career in the financial sector, which gives me a different perspective on the comic book market. You may also like. Each book is then sealed in a protective mylar sleeve, labeled, and placed in a temperature-controlled room. It is later reviewed by a CGC professional to determine if any restoration work had previously been done on the comic, which is noted on the certification label.
This is all done before the grading process begins. Once the grading process begins, it undergoes a comprehensive review, including page count, content review, distinguishing characteristics and flaws such as tears, creases, color fading, spine splits, etc. Once the book is graded, it is placed in an archival-quality interior well along with its bar coded grading certificate, which is then placed inside a transparent sleeve using compression and ultrasonic vibrations.
After being encapsulated, the book undergoes one last quality control check to ensure that the label is correct, and to check for any flaws that may have occurred since it was graded.
If you have either tried and failed to make money flipping comic books, or are frustrated by the huge array of choice out there, then this is the eBook for you. It's packed with 32 in-depth analyses of easy-to-buy and sell comic books from the Bronze to Modern ages.
These are titles we have personally made a lot of money buying and selling. So can you. Make more than your money back with your first successful trade or by NOT buying a losing book!
If you are not completely satisfied, we have a day money-back guarantee. Before CGC comics, collectors were at the mercy of vendors to determine the grade and value of a comic book. In addition, there were no quality standards for comic book grading , which meant there was much discrepancy amongst collectors about the condition of various books.
Now that CGC is known as a reputable organization and has provided legitimacy to the practice of grading comic books, having your comic book evaluated by a third-party professional grader can alleviate worries about misrepresentation and fraud, and provide a consistent, trusted standard with which to measure your comic book value. It also gives you peace of mind to know if a book has been previously restored or altered, which can negatively affect its value.
It is now the accepted standard of comic book grading across the industry. According to comic book fans, there are several problems with the CGC comics grading model and process. Ultimately, comic dealers are businessmen seeking to make a profit from the sale of their books.
Many comic book fans simply don't see the value of CGC grading because it emphasizes the book's age and value, not its art or storyline. Many fans have accused CGC of doing nothing more than creating greed amongst collectors who are attempting to inflate the price of their books. Inconsistency of grades awarded is also a fact of life in third-party grading. Sometimes a book will receive a higher or lower grade than it 'deserves'.
Though turnaround times fluctuate, many collectors have complained that the grading wait time extends well beyond the posted timeframes on the CGC website. Once the comic book has been graded by CGC, it is placed in a tamper-evident sleeve, meaning that if the comic book is removed, the CGC valuation of the comic book is no longer valid. Unlike baseball cards, which are double-sided and can be viewed from the confines of a sleeve, comic books contain multiple pages and are meant to be read.
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