Tuesday, January 29, 2013

Fake Star Wars 35 Cent Price Variants in PGX holders bring big bucks in January ComicLink Auction

In the recent January ComicLink Auction, two altered Star Wars comic books brought big bucks.  In my opinion, it is obvious that a scammer has altered the price block on a Star Wars 1 and a Star Wars 2 regular issue book to make the books look like the much more costly 35 cent price variants.  How these two books ended up in a PGX holder makes for interesting speculation.  Perhaps the scammer submitted the books to PGX and PGX simply missed the alteration through negligence or incompetence.  Maybe the scammer is an employee of PGX who altered the books and encapsulated the books themselves.  Maybe the books were altered and sold to an innocent buyer who sent the books to PGX.   Regardless of how it happened, the end result is that two mid-range Star Wars books which should normally sell for a few bucks were altered, encapsulated in PGX holders, and sold at auction for hundreds of dollars.

I have bought many books on ComicLink and I have sold books on ComicLink.  ComicLink does a great job and I recommend them to others.  I do not think that they played any part in the scam and trust them to do right by their customers.  I do think that they should reconsider whether they want to allow PGX graded books in their auctions.   I also hope that ComicLink will cancel the auction and send the books back to the seller.

I am not sure that PGX offers a guarantee for missing alterations in their grading.  I am certain that I will not use or recommend their services.

Here is a screen capture of the listing for the altered Star Wars 1 35 cent price variant.


Here is the scan of the altered Star Wars 1 and a close-up of the label.


 
So how do we know that a scammer has turned a common mid-grade book into $705 bucks?  The dead give-away is the price block.  Here is a close-up of the altered title block which you can compare to a close-up of the title block of an authentic copy below it.  As you can see, the "3", "5" and "c" and "Ccc" are not even close.
 
 
Here is a full-comic scan of an outstanding and authentic Star Wars 1 price variant that sold for $4367 in the same auction.
 
 
In the same auction, this altered Star Wars 2 sold for $390.  It has the same problem as its PGX brother above.
 
 

 
 
Here is a close-up of the altered price block and below it a close-up of an authentic Star Wars 2 35 cent variant price block. 
 


Monday, January 21, 2013

Conan 65 in CGC 9.8 (highest graded) sets record

A very nice CGC 9.8 example of Conan 65 recently sold on ComicLink for an issue-record $825.  The last high-grade example of this issue was a CGC 9.6 that sold in May 2012 for $185.  As a comparison, a very nice pedigree example of the regular issue Suchsa News 9.8 sold for $216.

An update to the sale of the "Blank Bar" Captain America 212 price variant

CGC board member Keldog sent me a note on an additional listed sale of the Captain America 212 "blank bar"  35 cent price variant.  The sale is noted on the Quality Comix site.  I am not sure what is going on but the Quality Comix site lists a sale of the same CGC 6.0 book at $4520.
Interestingly, the book has now shown up on ComicLink with an asking price of $7000.  It certainly begs the question of what is going on with this book?  Anyone know?

GPA Price Variant Report for December 2012

Here is the GPA Price Variant Report for December 2012.  Highlights include the always popular Star Wars 1 price variant and a nice mid-grade X-Men 100 for $250.