Mound City Collectibles and Auctions LLC © Copyright 2007 - 2010

With 502 World Records selling comic books, we must be doing something right.

Buyer’s Premium and Selling Vintage Comic Books

Many comic book auctioneers will try to convince you that buyers will pay less when a Buyer’s Premium is charged. You have to ask yourself, if this is true, then why did we set 502 World Record prices at our last comic book auction? If their claim is true, we should hold exactly zero World Records, not 502.

The line that matters is the bottom line.

The competitor we are referring had an opportunity to sell some of the exact books we sold in our auction. In fact, one book this auction company sold (Showcase 22) had been re-graded (and perhaps pressed). Its grade changed from a CGC 8.0 to an 8.5. According to their claims about Buyer’s Premiums “turning off bidders” this book should have sold for a great deal more then the price we got. The result? Even after having its grade raised and selling with the auction company that claims that buyers are “turned off” by Buyer’s Premiums, the book sold for $500 less than what we sold it for. Let’s look at another example: our X-Men CGC 9.4 sold for $106,050.00, their book in the same grade sold for $101,002.00.

We set the records and we charge less. Life is good!

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