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Post by Ozymandias on Aug 9, 2021 0:54:15 GMT -5
It comes out tomorrow, and given the "fluidity" in prices post-COVID19, I was wondering if it be better to get a previous edition were they haven't tried to update prices yet. Anyone has #50? Was it already affected? The idea is to use it a basis for comics that aren't "hot", those are probably not correctly valuated.
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Post by Deleted on Aug 9, 2021 7:45:40 GMT -5
It comes out tomorrow, and given the "fluidity" in prices post-COVID19, I was wondering if it be better to get a previous edition were they haven't tried to update prices yet. Anyone has #50? Was it already affected? The idea is to use it a basis for comics that aren't "hot", those are probably not correctly valuated. Overstreet's are out of date before they are published. The prices in the Guide reflect the contributor's biased perceptions of a small segment of the market's sales 12-15 months before publication date because that's how long it takes them to collate the data received, organize it and get the book published. At best, it is a snapshot of the prices a small segment of the market were realizing 12-18 months ago, not what current pricing structures are. And, unless they have changed, they used only to take store sales and convention sales into consideration when setting their prices, not online sales or auction house sales, and as the market has evolved the bulk of comic sales are now taking place online and the bulk of the biggest keys are sold in auction houses, not in stores or at conventions. They are a great source for information about what books exist, what content is in some of those books, etc. but they are not indicative of the current market and haven't been for some time. They ignore too much of the market and have too much of a lag from data to publication for their pricing to be relevant or accurate. In a market that changes daily, an update that occurs every 12-18 months cannot keep up with pricing trends. -M
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Post by Ozymandias on Aug 9, 2021 8:16:43 GMT -5
Yes, we've already talked about that no too long ago and I'd agree with what you say. I'm only curious to see if some hot comics (obviously not all, or close to all) have had their value raised since the 50th edition. From what you say, I'm guessing #50 will have pre-COVID19 prices.
I also wonder if prices for comics not particularly in high demand, will be realistic. When I look for those on eBay, I get anything from below cover price to several times that, and people with access to a LCS or conventions often report dollar bin finds that would lower the average price even further.
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Post by Deleted on Aug 9, 2021 8:22:59 GMT -5
Yes, we've already talked about that no too long ago and I'd agree with what you say. I'm only curious to see if some hot comics (obviously not all, or close to all) have had their value raised since the 50th edition. From what you say, I'm guessing #50 will have pre-COVID19 prices. I also wonder if prices for comics not particularly in high demand, will be realistic. When I look for those on eBay, I get anything from below cover price to several times that, and people with access to a LCS or conventions often report dollar bin finds that would lower the average price even further. No, "not in demand" comics will not be accurately priced because Overstreet uses an artificial floor for their pricing-no comic in there is priced below the price of a current comic's cover price. If you arbitrarily decide no back issue comic will be priced below the current cover price of a new release comic, you lose all pretense of accurately reflecting what the market value of books are and enter the realm of price fixing, which is exactly what Overstreet has been since its inception. -M
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Post by brutalis on Aug 9, 2021 8:29:28 GMT -5
The Price Guides I bought in the early 80's I did so NOT for pricing but as an Encyclopedia for compiling my "want" lists and discovering comics before or during my time which i missed out on, having never seen or known of. Overstreet was a curiosity buy in my learning process as a budding comic collector. Can't believe it has ANY accuracy or relevancy for today?
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Post by MDG on Aug 9, 2021 9:17:05 GMT -5
Yes, we've already talked about that no too long ago and I'd agree with what you say. I'm only curious to see if some hot comics (obviously not all, or close to all) have had their value raised since the 50th edition. From what you say, I'm guessing #50 will have pre-COVID19 prices. I also wonder if prices for comics not particularly in high demand, will be realistic. When I look for those on eBay, I get anything from below cover price to several times that, and people with access to a LCS or conventions often report dollar bin finds that would lower the average price even further. No, "not in demand" comics will not be accurately priced because Overstreet uses an artificial floor for their pricing-no comic in there is priced below the price of a current comic's cover price. If you arbitrarily decide no back issue comic will be priced below the current cover price of a new release comic, you lose all pretense of accurately reflecting what the market value of books are and enter the realm of price fixing, which is exactly what Overstreet has been since its inception. -M I was thinking about this when I was on vacation and went to an antique mall where one of the dealers had a wide-ranging assortment of Silver Age books--maybe two long-boxes worth. There was stuff from most of the publishers, but it looked like someone had cherry-picked any of the superhero and/or nice condition stuff. The Marvel/DC/Tower books that were left were pretty beat and 75% of the remaining books were Dell and Gold Key, mostly fair-good condition, plus Archies.
Now here's the thing: if these books were $3 each--or even $5 each--I probably would've picked up a bunch. But they were "guide priced" so most were $15 and up, which is more than I want to spend for something I'd just pick up out of interest.
I don;t know how much stuff like that would move where you only have a small number of comic collectors coming in. and of that, most of the books only appeal to a small number of those collectors. But they want "guide" for them.
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Post by Ricky Jackson on Aug 9, 2021 9:19:25 GMT -5
I bought number 50 last year out of nostalgia. I had recently got back into comics after a long hiatus and back in the day I owned a few copies of the guide, so I thought "why not?". The nice round 5-0 also helped. As stated, they were a great resource in the pre-internet days for all kinds of info that was otherwise hard to track down. Plus they often included interesting history pieces, such as a history of the JLA in the 1990 edition and a history of EC Comics in the 2000 edition. I actually came across a copy of number 51 in a comic shop while on vacation last week, so I guess it's already out? Anyway, I checked, and prices on a lot of keys definitely increased significantly in one year, but like mrp said, they don't reflect online or auction pricing
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Post by Slam_Bradley on Aug 9, 2021 9:44:59 GMT -5
I haven't even seen an Overstreet in person in well over 20 years. I think the last one I bought was probably 1989. They used to be a decent way to keep track of what was in the books and a moderate look at what keys were selling for. But the internet has made them utterly obsolete for every purpose.
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Post by Graphic Autist on Aug 9, 2021 9:48:05 GMT -5
I loved getting the Overstreet price guide each year as a kid in the 80s. Mostly I used it for the same reason others here cited, but I loved looking at the color sections in the front and back at the gallery of older comic covers.
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Post by wildfire2099 on Aug 9, 2021 9:54:14 GMT -5
I own one overstreet guide.. I got it for it's Alex Ross cover... mid 90s I Think? It's not bad as a checklist, or to know what issues the keys are, but as a price guide? Markets are just too dynamic for printed price guides today, regardless of their methods.
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Post by Ozymandias on Aug 9, 2021 11:35:09 GMT -5
I bought number 50 last year out of nostalgia. I had recently got back into comics after a long hiatus and back in the day I owned a few copies of the guide, so I thought "why not?". The nice round 5-0 also helped. As stated, they were a great resource in the pre-internet days for all kinds of info that was otherwise hard to track down. Plus they often included interesting history pieces, such as a history of the JLA in the 1990 edition and a history of EC Comics in the 2000 edition. I actually came across a copy of number 51 in a comic shop while on vacation last week, so I guess it's already out? Anyway, I checked, and prices on a lot of keys definitely increased significantly in one year, but like mrp said, they don't reflect online or auction pricing Now we're talking. Could you check the NM- prices for the following comics?:
- Amazing Spider-Man #212
- Avengers #196
- Daredevil #168
- Incredible Hulk #228
- New Teen Titans #1 (1980)
- Savage Sword Of Conan #1
- Savage Tales #2
- Uncanny X-Men #129
Incidentally, my first guide was from '91. I bought a couple more over the years and spent a lot of time with all of them, although not as much as initially. That copy ended so battered it went to the trash.
I guess the problem nowadays with price accuracy is that it's very difficult to say which price is correct. It varies greatly from vendor to vendor, even the big ones disagree. The guide has been used by a lot of professionals to base their decisions on, and many they still do: for example, Newkadia still references it online.
The right price can't be based on an auction, a dollar bin find or whatever a given seller asks for it. It depends on so many variables that an average is unreal. How would you even do that?
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Post by Icctrombone on Aug 9, 2021 11:38:59 GMT -5
Before the internet, it was my source for seeing how long series lasted, etc.
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Post by Deleted on Aug 9, 2021 14:10:38 GMT -5
In all my years of collecting, I've never bothered with Overstreet.
I never bothered with the values listed in WIZARD either. Unless I could use them to my advantage. So if some 'expert' was telling me a book's in WIZARD for $10 when it's really selling on ebay for $40, yeah, I'll give you a tenner for it.
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Post by Ricky Jackson on Aug 9, 2021 14:12:49 GMT -5
I bought number 50 last year out of nostalgia. I had recently got back into comics after a long hiatus and back in the day I owned a few copies of the guide, so I thought "why not?". The nice round 5-0 also helped. As stated, they were a great resource in the pre-internet days for all kinds of info that was otherwise hard to track down. Plus they often included interesting history pieces, such as a history of the JLA in the 1990 edition and a history of EC Comics in the 2000 edition. I actually came across a copy of number 51 in a comic shop while on vacation last week, so I guess it's already out? Anyway, I checked, and prices on a lot of keys definitely increased significantly in one year, but like mrp said, they don't reflect online or auction pricing Now we're talking. Could you check the NM- prices for the following comics?:
- Amazing Spider-Man #212
- Avengers #196
- Daredevil #168
- Incredible Hulk #228
- New Teen Titans #1 (1980)
- Savage Sword Of Conan #1
- Savage Tales #2
- Uncanny X-Men #129
Incidentally, my first guide was from '91. I bought a couple more over the years and spent a lot of time with all of them, although not as much as initially. That copy ended so battered it went to the trash.
I guess the problem nowadays with price accuracy is that it's very difficult to say which price is correct. It varies greatly from vendor to vendor, even the big ones disagree. The guide has been used by a lot of professionals to base their decisions on, and many they still do: for example, Newkadia still references it online.
The right price can't be based on an auction, a dollar bin find or whatever a given seller asks for it. It depends on so many variables that an average is unreal. How would you even do that?
From 50th ed: Amazing Spider-Man #212 $45 Avengers #196 $115 Daredevil #168 $240 Incredible Hulk #228 $35 New Teen Titans #1 (1980) $75 Savage Sword Of Conan #1 $195 Savage Tales #2 $90 Uncanny X-Men #129 $180
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Post by Ozymandias on Aug 9, 2021 15:10:22 GMT -5
From 50th ed: Amazing Spider-Man #212 $45 Avengers #196 $115 Daredevil #168 $240 Incredible Hulk #228 $35 New Teen Titans #1 (1980) $75 Savage Sword Of Conan #1 $195 Savage Tales #2 $90 Uncanny X-Men #129 $180 Strange, those are the prices quoted at Newkadia, but they link to the 48th ed. So, which is it? Haven't any of those prices been updated or do the people at Newkadia reference the latest guide without updating the link?
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