That's commonly referred to as "Owner Bias!"

From: MoPo List [mailto:[email protected]] On Behalf Of JOHN REID 
Vintage Movie Memorabilia
Sent: Monday, August 25, 2014 5:11 PM
To: [email protected]
Subject: Re: [MOPO] ot: predict the final auction price of the Action Comics #1 
on ebay

It was interesting to see the comments about the grading in the auction 
listing. Apparently the two best examples of this comic were graded 9.0 but the 
owner of the one that just sold says that his comic is far superior in 
condition to the one that previously sold for 2.1mill. Does that indicate that 
the grading system and slabbing might not be as reliable as it should be?

"This particular copy is the nicest that has ever been graded, with an 
ASTONISHING grade of CGC 9.0 ! To date, no copies have been graded higher and 
only one other copy has received the same grade. It is fair to say though that 
this copy blows the other 9.0 out of the water. Compared to the other 9.0 that 
sold for $2.1million several years ago it has significant superior eye appeal, 
extremely vibrant colors and PERFECT WHITE PAGES."


From: MoPo List [mailto:[email protected]] On Behalf Of Richard 
Halegua Posters + Comic Art
Sent: Tuesday, 26 August 2014 6:55 AM
To: [email protected]<mailto:[email protected]>
Subject: Re: [MOPO] ot: predict the final auction price of the Action Comics #1 
on ebay

something that should be taken into consideration about the Action #1 is that 
it is one of the most important "first editions" of the 20th century
there is no comparable movie poster as it is the film(s) that are the cultural 
phenom (such as King Kong) as opposed to the poster.

on the amount of copies.. there have always been estimates of approx 200 copies 
extant, but of those 200, only 3 are known to be of this quality.
The Mile High copy has not been graded, but is a bit nicer than even the two 
copies that have sold in 9.0 and it is suspected that copy could sell  in 
excess of $5mil


At 12:10 PM 8/25/2014, Todd wrote:

Pretty unbelievable, especially considering the amount of copies out there!!
Of course, this example was supposedly the highest grade.

I'm sure this price will now also raise the value of all the lower grade 
examples.

I sometimes think it would have been a much smarter move collecting and 
investing in comic books over the last 51+ years than movie posters.
Rare comics are much easier to find than rare movie posters and they're a lot 
easier to sell.
The problem is, I never liked them nearly as much.

But there's a huge difference in the amount of collectors of comic books 
compared to movie posters.

Todd
________________________________
Date: Mon, 25 Aug 2014 11:55:56 -0700
From: [email protected]<mailto:[email protected]>
Subject: Re: [MOPO] ot: predict the final auction price of the Action Comics #1 
on ebay
To: [email protected]<mailto:[email protected]>

Though the final price was about 3.2 million. 13 pre-approved bidders placed 
individual bids (from lowest to highest) in excess of 1.5 million dollars for 
an item of which there may be 100 more.



From: MoPo List [ mailto:[email protected]] On Behalf Of David 
Lieberman
Sent: Friday, August 22, 2014 6:17 PM
To: [email protected]<mailto:[email protected]>
Subject: [MOPO] ot: predict the final auction price of the Action Comics #1 on 
ebay



http://www.ebay.com/itm/311050328393

My guess is 5.4 million.

I'm guessing way high for no particular reason.


--

[www.cinemasterpieces.com]<http://www.cinemasterpieces.com>


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