Action #1 on ebay

[Senormac]

I'm starting to wonder if the sale price of this book will reach the sale price of my house :D

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260224434760

[scratchie]

Interesting. I've shopped at their Greenwich Village store and they're certainly a reputable comic dealer. I wonder why they're selling this on ebay, rather than through some other channel... maybe due to the extensive restoration?

Speaking of Action #1, it occurred to me the other day that due to the recent copyright ruling, DC might stop reprinting that issue altogether, which would make all those innumerable reprints start to go up in value!

[The Confessor]

Speaking of Action #1, it occurred to me the other day that due to the recent copyright ruling, DC might stop reprinting that issue altogether, which would make all those innumerable reprints start to go up in value!

Oh, that is good news! I used to have an original 1st printing of Action Comics #1 but some of the pages were a little yellow. I threw it away when I got my hands on a nice new reprint in the 80s. Much better! :)

[Senormac]

Looks like some big court case over the ownership of Superman.............D.C./Time/Warner or Siegal Shuster, just happened and it sounds as though the judge gave em a split. I understand protecting business interests and all but Time/Warner doesn't seem to be hurting, while the S and S boys and their families weren't doing so well. This seems like a long overdue judgement.

[Reptisaurus!]

Interesting. I've shopped at their Greenwich Village store and they're certainly a reputable comic dealer. I wonder why they're selling this on ebay, rather than through some other channel... maybe due to the extensive restoration?

Speaking of Action #1, it occurred to me the other day that due to the recent copyright ruling, DC might stop reprinting that issue altogether, which would make all those innumerable reprints start to go up in value!

DC might.

Will the other party?

Also: Why are all the bidder's IDs blocked out?

[dan bailey]

Also: Why are all the bidder's IDs blocked out?

Recently instituted eBay policy. As far as I know, only the seller can see full IDs, at least while the auction is active.

OK, 'fess up -- which bidder are you?

[Lone Ranger]

I love how o***h thought he could get it for $25

[Roquefort Raider]

I love how o***h thought he could get it for $25

Twenny-five bucks fer a crummy funny book? You gotta be kiddin' me!

[Red Oak Kid]

But just think how much it would be worth if it was slabbed.

[Roquefort Raider]

I just noticed that the reserve is not met.

Just how much is that book supposed to be worth? I was sure that it couldn't seriously be worth more than 40 grands or somesuch.

[scratchie]

I just noticed that the reserve is not met.

Just how much is that book supposed to be worth? I was sure that it couldn't seriously be worth more than 40 grands or somesuch.My two-year-old Overstreet lists Action #1 in VG at $77,000 (the auction is a little above $72,000 as I write this).

On the other hand, I don't think that books qualifies as anything like a real "VG" with all the restoration that's been done.

Glancing down the list of prices for Action Comics, I have to chuckle at the degree of precision offered. Ish #2 in VG condition is values at $7,286. Don't pay a nickel more! Ish #12 is valued at $942. If you paid a $950, you got ripped off!!

[The Confessor]

I love how o***h thought he could get it for $25

Ha ha....you've certainly got to admire their optimism. :)


I think that the seller has set up the auction so that the names of the bidders are all blocked out because it's a private or pre-approved bidders only auction. It's basically to protect the person who ends up winning it.

You could imagine that when the winner is finally established, they would be inundated with 'offers' to sell it on.

I often find sellers will do the same thing if their selling illegal bootleg CDs, although how that's supposed to protect the winners of said items is beyond me.

[Senormac]

Wonder how many of them are even left? I'm thinkin 100 or less. With the world market opening up so much.....some rich guy in Dubai or Hong Kong might end up buying this thing. Its american history....city on a hill.



Heres the court case story. Maybe having the Action #1 up for sale right now is gonna bring more attention to the courst case.....or v/v

http://www.mania.com/splitting-superman-siegel-victory_article_57911.html

[dan bailey]

I think that the seller has set up the auction so that the names of the bidders are all blocked out because it's a private or pre-approved bidders only auction. It's basically to protect the person who ends up winning it.

You could imagine that when the winner is finally established, they would be inundated with 'offers' to sell it on.

I often find sellers will do the same thing if their selling illegal bootleg CDs, although how that's supposed to protect the winners of said items is beyond me.

As I said earlier, I think this is just eBay policy these days, period.

I see every bidder's name blocked out on, I'm pretty sure, every auction I participate in, the vast majority of which top out at less than $10. I'm also pretty sure that only the losers' names remain blocked out; the winner's is shown in full.

[Baron Banter]

I think some sellers are such idiots. Start the auction at 99 cents and $76,766.00 and the reserve has not been met. Ridiculous.

[ACertainMrDoe]

I think some sellers are such idiots. Start the auction at 99 cents and $76,766.00 and the reserve has not been met. Ridiculous.

Remember that auction fees depend on the starting price. If he started at $80,000, that would have cost him the higher fee regardless of someone bidding. So it's actually standard behaviour.

[founder81]

Speaking of Action #1, it occurred to me the other day that due to the recent copyright ruling, DC might stop reprinting that issue altogether, which would make all those innumerable reprints start to go up in value!

So they will go from the quarter bins to the fifty cent bins?

**runs out to buy them all up and double his money**

[scratchie]

I think some sellers are such idiots. Start the auction at 99 cents and $76,766.00 and the reserve has not been met. Ridiculous.Why does that make him an idiot? People are much more likely to bid in the first place if the starting price is low, and people are much more likely to keep bidding if they've already bid once. Sounds pretty reasonable to me.

[will_butler]

I think some sellers are such idiots. Start the auction at 99 cents and $76,766.00 and the reserve has not been met. Ridiculous.

As others have said, there's nothing even remotely idiotic about any of that. The buyers are the ones that kill me. Why would you possibly bid $25 on Action Comics #1? Why?

Will

[Senormac]

Sometimes its just fun to get your name on the list. I've won books before for a ridiculously low amount just because no one else bid. It does happen.

[Senormac]

Sometimes its just fun to get your name on the list. I've won books before for a ridiculously low amount just because no one else bid. It does happen.

[Reptisaurus!]

As others have said, there's nothing even remotely idiotic about any of that. The buyers are the ones that kill me. Why would you possibly bid $25 on Action Comics #1? Why?

Will

Well, your odds are probably slightly better than winning the Lotto. Maybe. I can't fault the guy for trying.

[dan bailey]

The buyers are the ones that kill me. Why would you possibly bid $25 on Action Comics #1? Why?


Because you can?

[Slam_Bradley]

Because you can?


That was my thought. You're not out anything, so what the hell.

[Baron Banter]

Remember that auction fees depend on the starting price. If he started at $80,000, that would have cost him the higher fee regardless of someone bidding. So it's actually standard behaviour.
However, there is a reserve fee of 1% of the reserve upto a maximum charge of $50.00 that is added to the insertion fee which was .10 for an item started at .99.

He's already passed the reserve maximum. So he paid 50.10 to list the item on ebay. Plus any other options like bold ect... that I don't remember noticing

Or he could have listed it at the minimum price he is willing to accept for $4.00 because that's the highest insertion fee.

$50.10 vs. $4.00

I know which one I'd choose because more in likely someone's going to bid on that unless I want to much for it.

[The Confessor]

As I said earlier, I think this is just eBay policy these days, period.

I see every bidder's name blocked out on, I'm pretty sure, every auction I participate in, the vast majority of which top out at less than $10. I'm also pretty sure that only the losers' names remain blocked out; the winner's is shown in full.

Hmmm...no, that's not my experience at all. I bid on stuff pretty regularly, usually several auctions a week and I find it's quite rare to see this blocking out of user names. I only tend to see that on auctions for stuff that is likely to go for a lot of money or is for illicit goods.

I'm in the UK though and use eBay.co.uk so maybe it's different. Mind you, I do buy a fair bit of stuff (especially comics) from sellers in the US...with the poor state of the dollar these days it's often cheaper than buying them from the UK, even with international shipping! :D

[The Confessor]

Wonder how many of them are even left? I'm thinkin 100 or less. With the world market opening up so much.....some rich guy in Dubai or Hong Kong might end up buying this thing. Its american history....city on a hill.

I read somewhere just the other day (might have been on Scoop) that there's less than 100 copies know to exist. It also gave the grade of the best condition copy but I can't remember for the life of me what it was now. :confused:

It wasn't Near Mint, that's for sure!


EDIT: Just remembered, the best condition copies are in VG condition apparently. I assume that's unrestored condition though.

[dan bailey]

Hmmm...no, that's not my experience at all. I bid on stuff pretty regularly, usually several auctions a week and I find it's quite rare to see this blocking out of user names. I only tend to see that on auctions for stuff that is likely to go for a lot of money or is for illicit goods.

I'm in the UK though and use eBay.co.uk so maybe it's different. Mind you, I do buy a fair bit of stuff (especially comics) from sellers in the US...with the poor state of the dollar these days it's often cheaper than buying them from the UK, even with international shipping! :D

l just looked up an auction I won a couple of days ago for the 4-issue Legends of the Legion mini. My $1.04 bid won. The name of the other bidder, who went no higher than the 99-cent opening bid, is blocked out.

To my knowledge, a 4-issue DC mini from 1998 was never ever "likely to go for a lot of money" &/or is highly unlikely to ever be construed as "illicit goods."

Apparently, one of us -- which one, I'm not quite sure -- has been bidding on the Bizarro World e-Bay.

[Slam_Bradley]

l just looked up an auction I won a couple of days ago for the 4-issue Legends of the Legion mini. My $1.04 bid won. The name of the other bidder, who went no higher than the 99-cent opening bid, is blocked out.

To my knowledge, a 4-issue DC mini from 1998 was never ever "likely to go for a lot of money" &/or is highly unlikely to ever be construed as "illicit goods."

Apparently, one of us -- which one, I'm not quite sure -- has been bidding on the Bizarro World e-Bay.


If it's you, Dan, then I've joined you in Bizarro Land. The names of bidders have been blocked (other than my own name) in all the auctions I've bid in for at least a month or so.

[Senormac]

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260224434760

Reserve still not hit. I'm guessing its 100k

[The Confessor]

Apparently, one of us -- which one, I'm not quite sure -- has been bidding on the Bizarro World e-Bay.

If it's you, Dan, then I've joined you in Bizarro Land. The names of bidders have been blocked (other than my own name) in all the auctions I've bid in for at least a month or so.


No, you guys are right! My mistake, I hadn't noticed but the names of the bidders are anonymous on eBay.co.uk. They're not blocked out with asterisks like on that Action Comics #1 auction though (which is US based), on the UK eBay site it just says "Bidder 1" or "Bidder 3" or whatever instead of the actual bidder's eBay name.

I'm obviously not very observant...but then, I kinda knew that anyway. :)

[Stinky Feet]

Remember that auction fees depend on the starting price. If he started at $80,000, that would have cost him the higher fee regardless of someone bidding. So it's actually standard behaviour.

The auction fee also depends on the winning bid. They will get some sort of % value out of that too.

I think it also helps with PR if they set a low initial bid.

[dan bailey]

No, you guys are right! My mistake, I hadn't noticed but the names of the bidders are anonymous on eBay.co.uk. They're not blocked out with asterisks like on that Action Comics #1 auction though (which is US based), on the UK eBay site it just says "Bidder 1" or "Bidder 3" or whatever instead of the actual bidder's eBay name.

I'm obviously not very observant...but then, I kinda knew that anyway. :)

Actually, I was looking at some auction last night or this morning & saw the "Bidder 1," "Bidder 2," et al. thing as well. Not sure if it was a high-stakes auction or maybe one originating on eBay.co.uk or what ...

[T GUy]

Hmmm...no, that's not my experience at all. I bid on stuff pretty regularly, usually several auctions a week and I find it's quite rare to see this blocking out of user names. I only tend to see that on auctions for stuff that is likely to go for a lot of money or is for illicit goods.

I'm in the UK though and use eBay.co.uk so maybe it's different. Mind you, I do buy a fair bit of stuff (especially comics) from sellers in the US...with the poor state of the dollar these days it's often cheaper than buying them from the UK, even with international shipping! :D

Exactly what I was about to say. Except I have yet to win any auctions from any U. S. sellers. Oh, well, a lifetime of collecting ahead of me! Time for that to change!

[T GUy]

No, you guys are right! My mistake, I hadn't noticed but the names of the bidders are anonymous on eBay.co.uk. They're not blocked out with asterisks like on that Action Comics #1 auction though (which is US based), on the UK eBay site it just says "Bidder 1" or "Bidder 3" or whatever instead of the actual bidder's eBay name.

I'm obviously not very observant...but then, I kinda knew that anyway. :)

Now that I 've just come back from checking ebaY, you're right... I'm winning a Tomb of Dracula 15 (Dec '73; ) in hot competition with Bidder1, who maxed out at the starting bid.

Anyone any thoughts as to how high this comic will go in VF+ condition?

ebaY's best guess is merely hinted at in this message:

eBay has changed how bid history information is displayed for higher-priced items. To help keep the eBay community safe, enhance bidder privacy, and protect our members from fraudulent emails, only you and the seller of the item can view your User ID in bid history. Other members will see anonymous names.

[Stinky Feet]

Do you think the amount of obvious restoration kept people from committing to over $94k?

What do you guys think the reserve was?