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CGC-Comic Guaranty Company -A solid investment?

by: incansun( 1726Feedback score is 1000 to 4,999) Top 5000 Reviewer
18 out of 23 people found this guide helpful.
Guide viewed: 3553 times Tags: CGC | COMIC | COLLECT | INVEST | GRADE


If you're a serious collector of just about anything, be it sports memorabilia, rare coins, or even baseball cards, more than likely you've seen these valuable collectible treasures secured in a clear acrylic plastic case with a numerical grade. Now comic collectors are rushing to "slab" their comics. These slabbed comics in near perfect condition command a premium.

The success of Ebay along with CGC 's (Comic Guaranty Company) recent development of grading comic books has made the hobby a wise investment for some. CGC slabbed comics are trading like shares of stock on Wall Street. They are bought and sold in a similar fashion too. You can hold, sell, or buy. Some CGC books have an excellent resale value. Some even command double to quadraple the sales price of their unslabbed counterparts. Millions of dollars has traded hands over a six year period since the creation of CGC. CGC has had success in creating a new and revitalized market for comic books today.

CGG has aslo improved its service with faster turn around times and flat grading fees since its introduction over 6 years ago. CGC is the number one grading service for good reason. Collectors love the fact that they can actually track their slabbed comics online on ebay. I had some early CGC/ebay sales that netted me a nice profit. Nowadays, it's a little tougher but with a little homework you can still turn a profit. I suggest using GP analysis. It's an online tool offered by CGC as premium tracking service that monitors sales of CGC books on Ebay. I pay $100/yr. for this service. The information is invaluable as a collector because it offers you an average price of what you can expect to pay for a particular CGC graded book. It puts things into perspective when you buy and sell a lot like myself. They do offer a free limited trial, so check it out. The best advice that I can recommend is to buy what you like to read and slab it!


Guide ID: 10000000001737083Guide created: 09/04/06 (updated 06/05/08)

 
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