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CGC Hall of Shame
By Terrence J. Brady
March 2003
First, I'd like to thank all those who sent emails
regarding last month's premier of the CGC Hall of
Shame. From the messages I received, it was clear
that there's many folks out there fed up with the CGC
craze:
"Finally someone is writing something about CGC
besides Wizard Magazine ... I think people buy these
books because they read about them in Wizard who then
props them up because they receive a lot of money for
advertising from CGC. You’re right - in the future -
when these books aren't as popular, the price will
correct itself - with all those people who bought them
losing their money ... Hope you guys make this a
regular column - and for G-ds sake - don't take
advertising from them. You'll be writing different CGC
articles and the truck load of money they send over
might crush poor Mr. Smith and then - no more comics,
no more movies."
Before we get to this month's "inductees," I’d like to
briefly mention the DAREDEVIL film and its effect on
the DD comic line. For the past year, buzz around this
film has sparked a renewed interest in the Miller DD
run and prices for these books have been on the rise.
Two issues in particular have seen significant gains.
DAREDEVIL 181 is the, now classic, double-size issue
in which Elektra and Bullseye have their climatic
confrontation. This comic was all the rage when it
first appeared (and so it should be) and I even
adapted parts of this comic for my own DD spec script:
BLIND
JUSTICE.
The value, however, never really went anywhere for
this book. I picked up 20 copies back in ‘82 (for a
buck a piece) but I wound up giving away most of my
copies over the years. Recently, the book has
catapulted from its $5-$10 range and has sold ten
times (or more) in recent months (mainly "slabbed"
copies) due to the film’s hype.
Hyping a book is one thing. Scalping is another. The
second book that has gone through the roof is
DAREDEVIL 168 (first Elektra). For years a NM copy ran
in the $30 range but now that price has been jacked to
over $100. CGC issues have led that pack in higher
prices but this ... this is just plain highway
robbery: DAREDEVIL 168 - CGC 9.6.
$750 for a comic worth 1/10th that sum??? Sheer
madness, indeed! Now .... onto the inductees for this
month.
Holy-insanity-BATMAN!!
Coming from DC Comics, we have the 400th anniversary
issue of BATMAN. This book (click image) is CGC graded
9.8 NM/Mint and is the highest grade CGC has given
this particular comic.
BATMAN 400 features a Stephen King introduction with
artwork by Wrightson, Kaluta, Kubert, and Perez. While
few have Bruce Wayne's income, this "must-have" issue
(for BAT fans) is usually a bargain.
Hitting newsstands back in October '86, this historic
issue hasn’t been much of a budget breaker; averaging
$5 to $10. Sadly though, someone over at eBay was
fleeced of $129.95 for this copy.
Perhaps, the buyer's thinking is the next BATMAN film
won’t be as lame as the last two (doubtful) and the
price for this issue will soar (highly doubtful).
(Thanks to Tony S. from Reno, NV
for submitting this auction).
Keeping with the movie theme of this month’s column,
the next inductee to the hall was actually a
give-away.
"The MATRIX: Comic Book Movie Preview" was given away
at theaters on opening night of this 1999 film
starring Keanu Reeves. Warner Brothers decided not to
release the comic to the general public as it was
deemed to have questionable material. The result was
many of these books were destroyed making the
surviving issues fairly rare.
The comic had FC artwork by Geof Darrow with
story/interior art by Paul Chadwick. Also included are
pin-ups by various artists including Bill Sienkiewicz.
Since biblical times (and prior) prices have been
determined by supply & demand. As this comic is in
limited supplies, a big enough demand may send the
asking price to a fairly high level (esp. since 2 more
MATRIX films are on the way). However, that’s merely
speculation and one can only wonder if a FREE giveaway
book is worth $60.00. (Especially when you can pick up
a non-slabbed copy for around 6 or 7 bucks.) But hey,
that’s the CGC. Just like the Matrix, its "...the
world that has been pulled over your eyes to blind you
from the truth." (Thanks to Karen
P. from Pittsburgh, PA for submitting this
auction).
Normally, to be included in the CGC Hall of
Shame, the comic must have a winning bid. However,
there's always an exception to that rule. I included
this book to show just how deranged some sellers have
become in thinking the world is full of clue-less
schleps who will jump at the chance to have a
{perfect} comic.
To the left, we have Marvel's ORIGIN #1 (11/01). This
four issue mini-series examined the origins of
everyone's favorite anti-hero, WOLVERINE, and has
become one of the more sought-after titles in 2002-03.
Two things make this auction worth noting. First, it
featured one of those "rare" 10.0 Mint grades which,
for the past couple years, people were shelling out
greenbacks hand-over-fist for. The Buyer's Guide
printed various articles on the phenomena and one
writer (who's identity shalt not be revealed) decided
to poke a little fun at the subject by creating a new,
superior grade - 11.0 The
Ultimate Mint.
OK, so I'm guilty for that one (but it was a hoot for
people familiar with the film, Spinal Tap). The second
reason why this book is featured in the "hall" is the
ever-so-slightly inflated price the seller was asking
for.
How much you ask?
$500? (In your dreams.)
$750? (Are ya still dreaming?)
$1000?? (Ack! Time for a wake-up call folks!)
Let's try ... $5-0-0-0!! (No, we're not talking 5000
pesos here). We're talking:
Five-THOUSAND-U-S-A-dollar-bills! Or, to put it in a
different perspective, enough money to buy 20,000
copies of INCREDIBLE HULK #181 (Wolverine's 1st full
appearance) when it first hit the newsstand.
Baffling, I know. Thankfully, no individual was duped
into purchasing this book but the mere fact someone
would even attempt to acquire such an outlandish
amount for a - $10 - comic shows the excessive
profiteering sellers are guilty of by exploiting
encapsulated books. Shame on you, Mr. Comic Book
Seller. Shame - on - you! (Thanks
to Robert R. of Waverly, IA for submitting this
auction).
Wondering how you can get into the fun? Well, its easy
as 1-2-3. Just follow the rules below and send your
pick to the author. Winning submissions will get to
see their name and city/state in big ol' flashing neon
lights (sorta) and will receive a big ol' "No-Prize."
To submit a comic for consideration in the CGC Hall
of Shame, please follow these simple rules: (1)
The comic must be Modern Age - 1980 to the present.
(2) The comic must be from an on-line auction house;
like eBay. (3) The comic must be CGC graded and fetch
a minimum winning bid of 10X Overstreet Guide.
This CGC Hall Of Shame column will continue to
operate until this senseless overpricing of CGC graded
Modern Age books ceases. Next month ... well, it is
April Fool's Day so let's start sending in those
auctions and maybe YOU will have the pleasure of
crowning the "King Fool of Shame."
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