For those who fear the demise of the collectibles market may be near...

[terjung]

Would you similarly question Brockelmann if he stated that a sale of a high end E107 was legit? I certainly wouldn't. I would tend to believe him - even if he were unwilling or unable to demonstrate proof. The fact is that very high end collectors are often intentionally secretive about their purchases and collections. This may be for fear of theft, insurance, or for any litany of reasons. Rarely do such high end collectors care to share about their purchases or advertise that they made them. I realize that this breeds the question of whether a specific sale was legit - especially when it is outside the realm of what would be expected. In this case, the sales of lesser conditioned versions of Action #1 sell for sick money. I guess I don't know why one of the two nicest conditioned and unrestored versions of this extremely sought-after comic wouldn't be expected to go for sick money as well.

[Rob D.]

Richard,

Please provide proof that you are, indeed, Richard.

[JP]

You guys aren't paying attention. Richard already admitted that he didn't know the sale was legit. And that would also mean he didn't buy it.

Just because someone is an expert in a field doesn't mean they know the particulars of every high-end transaction.

To address your final statement, if Brockelmann said an E107 sale was legit, you would assume that he was associate with the transaction in some respect. Richard obviously has no association whatsoever with the sale of the Superman comic. Why are so many arguments on these boards filled with huge logic holes?

[terjung]

You missed the point of the analogy. Scott would not have to be party to such a sale in order to know that it happened, nor would I require him to prove his knowledge of it. Regardless, this argument is pointless. I tend to believe that the sale happened, in part, but certainly not solely due to Richard's statement. You are well within your rights to remain skeptical. /debate

Anybody like vintage baseball cards? I hear that cardboard pictures of dead guys who played baseball are highly collectible and sometimes sell for a mint.

[danc]

Thanks for setting me straight on the CGC Population. DanC = Lazy, sometimes.

People use collectibles of this nature as investments. $1 million with this comic book or $1 million in Stocks. There are a lot of famous comic book collectors like movie actor Freddy Prinze Jr., former Skid Row lead singer Sebastian Bach, Jerry Seinfeld is a Superman freak and Nicolas Cage...you can scratch from that list of people who could afford the book.

IMO, I don't doubt the authenticity of the sale.Heritage just sold a nickel for $3.7 million and they have a Detective Comics in the same shape as the AC#1 and it's at $500,000 (w/ BP) with a day and half to go. Quality items in impeccable condition bring incredible mullah.

DanC

[slidekellyslide]

Well, I certainly wasn't expecting the Spanish Inquisition when I opened this thread tonight.

[Anthony S.]

Originally Posted by slidekellyslide

Well, I certainly wasn't expecting the Spanish Inquisition when I opened this thread tonight.

Dan,

Nobody expects the Spanish Inquisition...

(can't believe you had to wait 4 hours for this response)

[glynparson]

Ol sport, it is often an investment coupled with the desire to own something that so many want to own. They should not be required to donate this money to anyone they earned it and have every right to spend it as they see fit. I don't understand why its any different for a billionaire to buy a comic like this or you to buy a card for a $100, why don't you donate that money instead of buying that card, or piece of memorobilia, after all that money could have gone to feed a few homeless families. Also I made a couple calls, and I'm waiting for some of the people to get backto me but so far I would have to say the sale is legit. Also people that don't think the best of the best in high demand collectibles are not still bringing enormous ammounts of money are fooling themselves.

[FUBAR]

for a million bucks, i think i would buy a hell of a house, just not sure how i would fit it into the plastic grading slab!!

[danc]

This is in fact one of the more amusing threads of the year so far. Whenever you can incorporate an "Adam Moraine-esque" statement, the uncertainty of outrageous comic book sales (as well as speculation to the sales legitimacy by a resident comic book/Net54 staple), multiple references to Seinfeld (as well as an assumption that he is the new owner of the comic book) and video footage of Hammer during his hey-dey, how can you go wrong?

DanC

[barrysloate]

This board is a cornucopia of pop culture trivia.

[ChiefBenderForever]

I don't know

[sox1903wschamp]

Originally Posted by terjung

Would you similarly question Brockelmann if he stated that a sale of a high end E107 was legit?

If Scott B said the sky was purple, I would tend to agree with him . Having met him, I would not want to get in a brou-ha-ha with him. I'm just saying...

[Bicem]

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

[bijoem]

Originally Posted by Bicem

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

nice

[Jim VB]

Originally Posted by Bicem

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

Well played.

[tinkereversandme]

That is simply insane to wonder what goes on in the heads of the wealthy. It isn't like Paris Hilton who buys her dogs a $100,000 dog house or some billionaire like Paul Allen owning a $300 million dollar boat or even someone a hip hop artist riding around in a $500,000 car, this piece will appreciate in time and he will be able to sell it in ten years for maybe $1.5 million. Hence, investment. And $1 million is chump change compared to what paintings go for...To come on a collecting Forum and call out a collector of another form of collectible (which you may not like), doesn't make sense to me.

Regards,
Larry

[JP]

By why the big jump in price? The highest a comic has ever gone for in public is not even 1/3rd of a million, and $350-400K deals have only been "private". And then suddenly there is a $1M comic sold? At the exact price of $1M?? Doesn't seem at all odd to me....

[ChiefBenderForever]

If its the nicest example a million isn't hard to believe at all. $1000.00 for us is like a million for a lot of people.