InvstmntComcSuply Posted November 24, 2014 Share Posted November 24, 2014 Micronauts #8 continues to roll. Why are you sorting by highest listed? Very misleading, like someone pulling up a chart of NFLX stock 6 months ago. Not highest listed, highest sold, and not 6 months, 90 days. The most important sales are the highest ones, not the ones that fall through the cracks or poor listings. I'd say the most important sales are the mode, or what passes for it, as anyone can get a deal or made a poor purchasing decision. If you really think the high results are what's important, then the recent sales of Turok #1 at $6 and $4.50 means that the speculators from the '90s are actually going to make money on that, and we know that that isn't going to happen. What's a "mode"? And have you ever sold books? It's a pretty common mathematical term. Thanks! (Although not at all applicable here.) Depending on what you're trying to figure, I would say it is. The most common value that a book has sold for is going to provide a good guide as to what you should expect to get for it, or pay for it. Now, if you're very patient and don't particularly care whether a book actually sells, then maybe the highest price point matters in that it provides a guide as to what someone who is not paying attention to average prices might overpay for a copy. But I imagine one would make more money (from selling more books), by referencing not only the highest price (paid by one person who now has his book), but rather the prices that people are commonly willing to pay. I'm sorry, but this is driving me crazy, divad is right The mode is not at all applicable here. If 2 books sold for 12 shekels and the other sales were 6, 16, 17, 19, 20 ,21, 22, 24, 28, 37, and 49 shekels. The most common value of 12 shekels, ie:, the mode, does not really represent what you would expect to sell at. What you are interested in is the median sale. The one that falls squarely in the middle of all other sales. In the example: 20 shekels. This reduces the effect of outliers on both the high and low sides and is a good predictor for additional sales. Link to comment Share on other sites More sharing options...
divad Posted November 24, 2014 Share Posted November 24, 2014 divad is right Don't hear THAT too often around here . . . Link to comment Share on other sites More sharing options...
InvstmntComcSuply Posted November 25, 2014 Share Posted November 25, 2014 That was why it was driving me crazy Link to comment Share on other sites More sharing options...
InvstmntComcSuply Posted November 25, 2014 Share Posted November 25, 2014 Link to comment Share on other sites More sharing options...
Aweandlorder Posted November 25, 2014 Share Posted November 25, 2014 How much is the shekel up to now anyway Link to comment Share on other sites More sharing options...
FlyingDonut Posted November 25, 2014 Share Posted November 25, 2014 tree fiddy Link to comment Share on other sites More sharing options...
Cyclops Posted November 25, 2014 Share Posted November 25, 2014 Never gets old. Link to comment Share on other sites More sharing options...
GeeksAreMyPeeps Posted November 25, 2014 Share Posted November 25, 2014 Micronauts #8 continues to roll. Why are you sorting by highest listed? Very misleading, like someone pulling up a chart of NFLX stock 6 months ago. Not highest listed, highest sold, and not 6 months, 90 days. The most important sales are the highest ones, not the ones that fall through the cracks or poor listings. I'd say the most important sales are the mode, or what passes for it, as anyone can get a deal or made a poor purchasing decision. If you really think the high results are what's important, then the recent sales of Turok #1 at $6 and $4.50 means that the speculators from the '90s are actually going to make money on that, and we know that that isn't going to happen. What's a "mode"? And have you ever sold books? It's a pretty common mathematical term. Thanks! (Although not at all applicable here.) Depending on what you're trying to figure, I would say it is. The most common value that a book has sold for is going to provide a good guide as to what you should expect to get for it, or pay for it. Now, if you're very patient and don't particularly care whether a book actually sells, then maybe the highest price point matters in that it provides a guide as to what someone who is not paying attention to average prices might overpay for a copy. But I imagine one would make more money (from selling more books), by referencing not only the highest price (paid by one person who now has his book), but rather the prices that people are commonly willing to pay. I'm sorry, but this is driving me crazy, divad is right The mode is not at all applicable here. If 2 books sold for 12 shekels and the other sales were 6, 16, 17, 19, 20 ,21, 22, 24, 28, 37, and 49 shekels. The most common value of 12 shekels, ie:, the mode, does not really represent what you would expect to sell at. What you are interested in is the median sale. The one that falls squarely in the middle of all other sales. In the example: 20 shekels. This reduces the effect of outliers on both the high and low sides and is a good predictor for additional sales. The reason I said "…the mode, or what passes for it…" was because I realize that exact prices are not going to be duplicated very often, so considering close prices to be the same would probably suffice. But your suggestion of the median works as well. It's certainly better than weighing the highest price more heavily than other prices paid, unless you're going to be adamant that you're not going to sell the book unless you make more than anyone else has. Link to comment Share on other sites More sharing options...
InvstmntComcSuply Posted November 25, 2014 Share Posted November 25, 2014 I'm sorry, but this is driving me crazy, divad is right The mode is not at all applicable here. If 2 books sold for 12 shekels and the other sales were 6, 16, 17, 19, 20 ,21, 22, 24, 28, 37, and 49 shekels. The most common value of 12 shekels, ie:, the mode, does not really represent what you would expect to sell at. What you are interested in is the median sale. The one that falls squarely in the middle of all other sales. In the example: 20 shekels. This reduces the effect of outliers on both the high and low sides and is a good predictor for additional sales. The reason I said "…the mode, or what passes for it…" was because I realize that exact prices are not going to be duplicated very often, so considering close prices to be the same would probably suffice. It still does not make it any more relevant, since it can still be an outlier. The only reason I used median, was because it seemed to be the term you meant. Link to comment Share on other sites More sharing options...
ygogolak Posted November 25, 2014 Share Posted November 25, 2014 So we are not worrying about condition in relation to price? Link to comment Share on other sites More sharing options...
divad Posted November 25, 2014 Share Posted November 25, 2014 Oy vey! Link to comment Share on other sites More sharing options...
divad Posted December 1, 2014 Share Posted December 1, 2014 Recent Bronze Age Sales Link to comment Share on other sites More sharing options...
white_rushin Posted December 2, 2014 Share Posted December 2, 2014 (edited) So why did Action Comics #521 flare up around a week ago with some $40-60 sales, but now the book is trending around $15-25? http://www.ebay.com/sch/Comics-/63/i.html?_from=R40%7CR40&_ipg=200&_sadis=15&_samihi=&_samilow=&_udhi=&_udlo=&_stpos=&_sop=10&LH_Sold=1&_dmd=1&LH_Complete=1&_nkw=action+comics+521 Edited December 2, 2014 by white_rushin Link to comment Share on other sites More sharing options...
ygogolak Posted December 2, 2014 Share Posted December 2, 2014 So why did Action Comics #521 flare up around a week ago with some $40-60 sales, but now the book is trending around $15-25? http://www.ebay.com/sch/Comics-/63/i.html?_from=R40%7CR40&_ipg=200&_sadis=15&_samihi=&_samilow=&_udhi=&_udlo=&_stpos=&_sop=10&LH_Sold=1&_dmd=1&LH_Complete=1&_nkw=action+comics+521 Was it on Comic Book Men? Link to comment Share on other sites More sharing options...
vane Posted December 2, 2014 Share Posted December 2, 2014 Recent Bronze Age Sales Wow! DC COMICS PRESENTS #49 Sep 1982 VF 8.0 is bidding for $25??? Link to comment Share on other sites More sharing options...
Chip Cataldo Posted December 2, 2014 Share Posted December 2, 2014 Was it on Comic Book Men? 1st appearance of Vixen. Peace, Chip Link to comment Share on other sites More sharing options...
ygogolak Posted December 2, 2014 Share Posted December 2, 2014 Was it on Comic Book Men? 1st appearance of Vixen. Peace, Chip I realize that, poster said it was going for more a week ago. Link to comment Share on other sites More sharing options...
faster friends Posted December 2, 2014 Share Posted December 2, 2014 Market correction... Link to comment Share on other sites More sharing options...
divad Posted December 2, 2014 Share Posted December 2, 2014 Market correction... Crappier auctions. Link to comment Share on other sites More sharing options...
500Club Posted December 2, 2014 Share Posted December 2, 2014 So why did Action Comics #521 flare up around a week ago with some $40-60 sales, but now the book is trending around $15-25? http://www.ebay.com/sch/Comics-/63/i.html?_from=R40%7CR40&_ipg=200&_sadis=15&_samihi=&_samilow=&_udhi=&_udlo=&_stpos=&_sop=10&LH_Sold=1&_dmd=1&LH_Complete=1&_nkw=action+comics+521 Was it on Comic Book Men? It was on CGC chat board. Link to comment Share on other sites More sharing options...
