Are CGC Green Labels A Bust?

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  • Опубліковано 8 лис 2024

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  • @seth1184
    @seth1184 Рік тому +3

    Green labels are good for me as long as you're talking about them and putting out content. let's go!!! GIBBON GANG FOR LIFE!!

  • @oldmankaens
    @oldmankaens Рік тому +6

    I am not opposed at all to green labels. Missing coupon, or unverified sig? I love taking a green label CGC and making it a yellow label CBCS. I think that people are going to come around on purple labels too and I feel like I should be grabbing those.

    • @dansxmencomics
      @dansxmencomics Рік тому +1

      To me the value of a green label can vary widely based on what makes it a green label; signature on cover, missing page/insert, cut coupon, etc.
      I agree that the market will continue to shift 20 years from now in how we value these different designations as they have changed in the past.

    • @dougbratton7309
      @dougbratton7309 Рік тому +2

      Errors sometimes get a green label too, and I think printer errors are fun. 🙂👊

  • @irishdylan1993
    @irishdylan1993 Рік тому

    I’m lovin’ those wall books you have up behind you in this vid! What a collection of DC Keyz🔥🔥🔥

    • @RegieCollects
      @RegieCollects  Рік тому

      Glad you like them, bro. Couple of cool ones back there.

  • @TheShop90sKids
    @TheShop90sKids Рік тому +1

    I just got my slabs back over the weekend. Green labels too. I’m new to the cgc world and didn’t know I was supposed to go see them immediately after I get my autograph. But it’s for my PC, not for resell so it is what it is.

    • @AcidicJO
      @AcidicJO Рік тому

      I thought they had to witness the signing themselves? I’m guessing you got something autographed at a Con?

    • @TheShop90sKids
      @TheShop90sKids Рік тому

      @@AcidicJO Yes. There was a booth right outside where Jim Lee was signing. I saw people go to them immediately after getting their books signed. It was my first time so I didn't know that, I just went home after I got them signed. Came back the next morning talked to them and thats when they told me somebody has to witness it.

  • @verified893
    @verified893 Рік тому +2

    I don't touch greens or purples. Why bother with the headache....

  • @best9642
    @best9642 Рік тому

    Love the comparisons

  • @jeremylandry5164
    @jeremylandry5164 Рік тому +2

    Regie,
    Have you done any research with a green label because of an autograph switched over to a CBCS Blue label verified?

    • @RegieCollects
      @RegieCollects  Рік тому +1

      I think you mean CGC green to cbcs yellow verified, yes?
      Either way, I’ve never looked at it because that would be pretty hard to track just using sales and census data. And, even if it could be tracked, you’d need a number of books to really draw any definitive conclusions about the benefits or drawbacks of that approach.

    • @Just_Pele
      @Just_Pele Рік тому +1

      @@RegieCollects I'll usually sell a CBCS Yellow for about the same as a CGC Blue, maybe more depending on who signed it. CBCS Yellow McFarlane books sell like hotcakes, for instance. So they do fetch considerably more than Green label.

    • @nixknacks-comics
      @nixknacks-comics Рік тому +1

      I bought DD v.2 #s 9 & 10 in green labels (Fist Echo - 9.6 and 9.8 respectively) signed by David Mack for $130. I don't think they're worth the cost sending to CBCS, but who's forging David Mack's signature? :)

  • @Just_Pele
    @Just_Pele Рік тому +3

    Some Green labels are much better than others, like with cover signatures. Clipped coupons and MVS are another story, and I think they've been overpriced for a while, esp keys like Hulk 180 and 181. My internal valuator wants to place such a book at 50% of Blue label value, or even less, for the same grade. IMO, missing entire pages would be as bad as a Purple label though, especially if it affects the story. It's a thing I tend to avoid, I don't don't buy or sell Qualified books, except in cases where the comic is signed and I can re-submit to CBCS, or if it's just crazy rare and I almost never get a chance to buy one.

    • @RegieCollects
      @RegieCollects  Рік тому +2

      Awesome insight, Jay. Fifty percent is like a gut punch for sure.

    • @seth1184
      @seth1184 Рік тому +3

      Nice comment Sir! Now that's dropping some knowledge!

    • @Just_Pele
      @Just_Pele Рік тому

      @@RegieCollects That's just been my feeling for a while now, and the pre-2020 numbers kinda went along with it. The Boom just made some comics really scarce and/or expensive, so people started looking at alternatives. Silver and Bronze age keys with Purple labels did pretty much the same thing, selling for 200-400% above what they were going for just a couple years before.

    • @RegieCollects
      @RegieCollects  Рік тому

      You feel me. The spike in prices forced folks to look at alternatives. Prices are not what they were so hopefully folks will get wise and start focusing on the books that they actually want versus “something is better than nothing options.”

  • @dougbratton7309
    @dougbratton7309 Рік тому

    One interesting Green label option for Hulk 181 (missing the MVC) is purchasing a coverless copy that isn't missing the MVC and marrying the two books. You'd likely get a purple label, but have one complete version and one coverless copy missing the MVC. I personally wouldn't mess around with books of that value, but there are professional restorers who can do that kind of work.

    • @RegieCollects
      @RegieCollects  Рік тому +1

      Or, just buy the blue label and be done. 🤣🤷🏾‍♂️😂

    • @dougbratton7309
      @dougbratton7309 Рік тому

      @RegieCollects well yeah, that too. 😆

  • @tompalma9589
    @tompalma9589 Рік тому

    Damn, wish I had known this sooner.

    • @RegieCollects
      @RegieCollects  Рік тому

      Gotta watch my videos more. 😂🤣 Seriously, there are hundreds of videos on the channel about all types of topics.

  • @matthewvetrick276
    @matthewvetrick276 Рік тому

    Ya I fell into a trap with my first ASM 101. Guy I bought it from never mentioned anything missing, so I didn't check it after I bought it and I sent it off to CGC without looking and it came back a 5.5 green label. Whomp whomp. The one silver lining of a green label is that it is cheaper and if you just wanted a copy of the book, then its an option.

  • @waynegram8907
    @waynegram8907 3 місяці тому

    I'm confused I don't understand why are the Green labels declining in price? why do comets books decline in price in general over time for what reasons?

  • @danielherrin
    @danielherrin Рік тому +1

    First, I'm my own green label, I think....

    • @seth1184
      @seth1184 Рік тому +1

      Hell yeah you saw that green light and you put the pedal to the metal!

  • @bat2275
    @bat2275 Рік тому +1

    Green label is great for missing Marvel value stamp

    • @RegieCollects
      @RegieCollects  Рік тому

      Doesn’t the data literally argument against the idea that it’s “great.” Those Hulk 181 all has missing stamps and each one seemed to perform worse than the blue label.

  • @rubenmuro921
    @rubenmuro921 Рік тому

    If I can get green or purple labels for a good price I get them just to have until I find better copy’s

    • @RegieCollects
      @RegieCollects  Рік тому

      True but this video demonstrates that you can actually lose money with those labels. So buying it as a placeholder will not only tie up money but will result in setting you back as well. I would also submit that most people that buy placeholders rarely ever get the better book later.

  • @oliverortiz8507
    @oliverortiz8507 Рік тому

    Green labels point out things like missing pages, most likely a pin-up removed by the original owner of the book, cut out coupons for send away items or cut out Marvel Value Stamps, (the bane of most collectors). In my case one of the only Green label books I own is a Fantastic Four vol. 1 #4 issue that featured the Silver Age first appearance of the Sub-mariner at a 5.0 CGC grade. The book presents very well and is a cherished part of completing my run on the iconic series. It is missing the Reed Richards Jack Kirby pin-up but does not affect the story. I would rather have this book than no book at all. I do wish to upgrade to a Blue label someday but I am not in a rush to do so while I hunt other desired books for my collection. I would definitely take a Green label Incredible Hulk #181 missing the MVS any day of the week for the right price. Maybe we should see Green labels as we do lower grade Blue labels as place holders for that Blue label upgrade that we take for granted if that Blue label was a 2.0 and we upgraded to Blue label 4.0, 6.0, etc. In any case a cherished comic is a valuable asset to a true collector in any grade.

    • @RegieCollects
      @RegieCollects  Рік тому

      My goal isn’t to tell people what to do versus ask them questions and to point out things that may help.
      With that said, I will share some observations after being in the hobby for years and talking with folks around the world daily about comics.
      I would argument that many people that get placeholder comics never actually replace that placeholder for a variety of reasons including the placeholder satiating the desire for the better book and the placeholder tying up resources that limits someone’s buying ability.
      Long story short, no book at all could be a better position as it keeps the fires alive and doesn’t tie up cash that could go towards the book that someone really wants.
      The videos demonstrates that a placeholder book bought for value could result in a loss of investment capital which hurts anyone that cares about their money. Imagine if those folks had not purchased the green label but saved the money for the phase that we are in now where values have dipped. It literally is the best time to buy comics on the last 3 years.

  • @christiangarza2423
    @christiangarza2423 Рік тому

    Depends on the book, some are worth getting no matter what the label- especially grails

    • @RegieCollects
      @RegieCollects  Рік тому

      I think the data actually counters that argument. 🤷🏾‍♂️🤣

    • @christiangarza2423
      @christiangarza2423 Рік тому

      @@RegieCollects but some books are worth it, AF 15 is great in any label.

    • @RegieCollects
      @RegieCollects  Рік тому

      I would agree that AF15 is great in any grade especially if you don’t have one.
      If I was going to give you AF15 1.0 in a green or blue label which would you pick? If you are honest, you’re going pick the blue label. Why? Because books are better in blue than green across the board. 🤣😂

    • @christiangarza2423
      @christiangarza2423 Рік тому

      @@RegieCollects very true but if I had to buy it, the green might be a viable option.

    • @alarger972
      @alarger972 Рік тому

      @@RegieCollects Here's an interesting comparison. Just looking at recent sales of AF 15 on Heritage shows a 5.0 blue label for $50,400 last month but a 5.5 purple for only $15k. And it looks like just tonight a 1.5 blue label went for $19,200.

  • @Voxclamantis
    @Voxclamantis Рік тому

    Marvel Value Stamp, the value is in how many people destroyed their books removing them, making pristine ones rare.

  • @Voxclamantis
    @Voxclamantis Рік тому

    It depends what the green label is for. Missing value stamp or page? Or “Stan Lee written in marker on cover”. The later is a candidate for crack and verify by CBCS. Comic Book Investments even prefers Green label CGC sigs unverified.

    • @RegieCollects
      @RegieCollects  Рік тому

      They prefer it right up until they score a counterfeit signature. 🤣😂 As mentioned in the video there are a lot of reasons why a book can land a green label. An argument can be made for going after unverified signatures but are you honestly recommending that the average person go hunting for green label Stan Lee signatures?

    • @Voxclamantis
      @Voxclamantis Рік тому

      @@RegieCollects depends on the provenance. Better with more rare signatures like Herb Trimpe, but I think that a reasonable looking Lee sig on an expensive Bronze Age book signed prior to CGC’s advent is an example of the range of meanings of the green label.

    • @Just_Pele
      @Just_Pele Рік тому

      @@RegieCollects For real. A friend of mine can flawlessly do Stan Lee's sig, so unless it was witnessed by CGC or CBCS, it's certainly one that I would never trust unless comes with a COA from another reputable source.

    • @RegieCollects
      @RegieCollects  Рік тому

      Boom! It just seems dicey to me. Maybe someone will score or maybe they will bust. I personally don’t like to gamble. I like to win. 🤣😂👊🏾

  • @chasingsundaes4818
    @chasingsundaes4818 Рік тому

    This isnt relevant to this video, but is the how accurate do we assume the cgc census is when people crack and resend comics in hope to obtain higher grades?

    • @RegieCollects
      @RegieCollects  Рік тому +3

      I do not think that we should assume the census is correct at all. I’ve covered this in other videos in the past. We can probably have some faith in 9.8 totals but anything lower has to absolutely be questioned. Long story short, take the data with a grain of salt.