Karen, an extremely detailed and meticulous - as well as informative - video. Like you, I do set a limit on each piece of artwork I bid for. The one time I contravened this very prudent and wise rule was when the page was from one of the first Marvel comics I had read. I had not seen a piece from that book for decades. Not surprisingly, there was one other very committed bidder. My nerves were quite shredded because we were talking five figures. I am so glad when he or she finally gave up. Fortunately, that was some years ago, and that piece of artwork has, I think, retained its value. However, it is easy to lose one's wits when bidding.
Hi CAB! Thank you so much! I think in most cases it's good to stay disciplined, but in certain cases like the example that you gave, it's worth it to extend beyond the budget for a piece that you really love and may not ever see again.
Hi Karen, great video. I'm somewhat new to original comic art collecting. I have never bid at Heritage, so it was very helpful to see the auction happen in real time. And your explanation on researching and pricing the piece was excellent. There was enough details so that I could now emulate the process if I choose to do so. Thank you very much for creating this video.
Karen, I love this! Keep this up. Thanks for the videos. I also noticed that the 90s pages at Heritage are going up in prices. I recently bid a 90's Lobo half splash page for above 11 hundreds.
Thank you so much, Larry! I think the timing is right for the 90's pages to increase in value since the teenagers who read those comics are now in their middle age and have more money to spend on art. Also, that Lobo half splash was pretty cool...I'm checking it out now. 😉
Great video Karen. I have never seen how a Heritage auction works. I buy stuff on Goodwill's auction page and have the same strategy when I'm outbid by less than a dollar. Can't wait to see what you won!
Thank you so much, Mike! I'm glad you could get an idea for how a Heritage auction works -- maybe that opens up another option for you. Glad you liked the video! 👍
Great episode, Karen! Very cool perspective. You forgot to yell and curse at the computer screen, "WHAT F'ING MORON IS BIDDING LIKE THIS??? %^##*&@@@ gEEEEEEEEEESSUUUUUUS! BLAH, BLAH, BLAHHHHHHH!". Great self-control in not going over your budget. Honestly, I have found that pages I passed on, come around again in surprising short time and in a case like this where it sells for more than you were thinking it should, often they come back on the market and go for less, giving you another chance. I will say that rarely in this day, I feel like I am paying a fair price. I often feel I'm overpaying if I get something. On rare occasion, I get something for less than I thought it would go for! LOL! AND........ I love the outtakes as always!!!
Thank you so much, Neon Dragon! I was probably cursing in my head...it's a different experience when you film yourself.😂 Hopefully if the page pops up again, I can get an even better deal. I've felt like I've overpaid, too, at times, but I try to stay disciplined. Thank you for the comment! I hope you are doing well! 👍
I don't know why but these comic stock videos always remind me of the kind "Regie Collects" does on his UA-cam Channel. Thanks for another fun video :)
Excellent video my friend! Very cool to see your process and it makes me wonder what you do for a living. I am a C.P.A. and your analytical approach to establishing a FMV and price are legit, at least as legit as one can get with something such as a unique piece of art... At least you didn't come away empty handed and I look forward to the unboxing(s)! One other thing, as you mentioned, it did appear that you had been bidding against something automatic. I hate that! I wish that all these auctions that go "live" would make the use of automatic/mechanical/whatever methods illegal. It's "live"! If you sneeze at the wrong second, have to go pee and can't handle it anymore, internet flux, whatever, it's fair play and maybe you have the chance to score a deal because fate steps in.
Thank you, LeadPaint! I'm glad you liked the video. Pricing art can be tricky because it's unique, but hopefully an analytical approach like mine can help determine a fair price. I think every buyer wants to not only get a good deal, but also retain value (and hopefully gain value) in the piece over time. I definitely understand what you mean about the automatic bids (it can be frustrating sometimes), but I also understand why it's allowed (especially if you can't be present during the live session). Thank you so much for your comment! 😁
Thanks for sharing your process! Love the analysis that led you to the price of the item. Very cool. You could make a living helping collectors find original art and helping them with their purchase price. Whenever I watch one of your videos, I want to get into original comic art!
OK, I'll keep it short...and sweet? Great video production and pacing, with superb info for someone unfamiliar with the Auction process. Also, Excellent concise explanation of your thought process. BTW, I also liked that 3rd panel...kinda a Lichtenstein feel. Thanks Karen.
Sorry that you did not get the piece, but kudos for sticking to your max price. It appears somebody really wanted that page. WAY too easy to overpay in the frenzy of bidding (speaking from experience unfortunately!) As you know, it's very difficult to know when to use that cut bid since you don't have but around 10 seconds or so to make the decision. Not that I bid in Heritage auctions that often, but I don't think there is a single time that I have won an auction with the cut bid. Have you considered trying to contact Saviuk directly to see if he has any art for sale that you would be interested in?
I probably have about a 25% success rate with winning on a cut bid, but the timing of the cut bid can definitely be tricky. I haven't contacted Saviuk directly about art for sale, but there's a good reason why. Stay tuned! 😁 Thank you so much for your comment! ☺
Рік тому+11
Hey Karen! Okay, I know I've said it before, but this was YOUR BEST VIDEO SO FAR! First of all, big props for making it almost a full half hour! Since you're very knowledgeable about the hobby and have lots of auction bidding experience, I like the fact that you chose to take an educational approach to this episode. Many collectors just bid willy nilly, with seemingly no strategy because they're nervous and just allow themselves to get caught up in the bidding. Filming yourself while the auction was live was GREAT to see. we ALL get nervous as the lots we want to bid on are coming up, so kudos to you for actually filming the process as it happened, that was amazing! At first when you used your cut bid, my immediate reaction was "NO! Too early!". I thought you should've used at least one more full bid and saved the cut as your final bid to take you slightly into the $800 range. But I was glad to see that you explained your strategy afterwards. Fyi, even though Spidey is seen throughout on the bottom half of the page, this was one of those pages where it appeared at first glance that Spidey wasn't even on the page at all. Also, aesthetically speaking, the composition as a whole was not attractive, as the panels were not laid out in a visually appealing manner. While I also agree that the primary value in the page is found in the two Mary Jane panels, there just isn't enough other content of interest to allow oneself to "go to the mat" for a page like this, so I'd like to congratulate you for having the self-control needed to hold back from bidding more than you wanted to pay for it. There's so much more I can say, but this comment will soon be as long as your episode. 😆 But from one hobby vet to another, let me just say that "checking in" on the lots that interest you before the auction is live is a complete waste of time. The prices you see during pre-bidding are meaningless, because the most experienced and savvy bidders NEVER place any pre-bids and it is they who only begin entering bids during the live portion who ultimate win al lthe art the vast majority of the time anyway. So checking the pre-bids isn't giving anyone any information of any value that has any bearing or indication on what price the lot will ultimately end up at. Oh, I love the "typing in the date and time" effect. Nice touch! 🤓 Catch you in the next one!
Thank you, Rubén! I'm glad you liked the live bidding part of the video. Hopefully this video helps other collectors formulate more of a strategy before bidding on art. And yes, it was a lovely page that I wanted to pay a certain price for...I think filming myself bid helped me stick to my strategy. 😂 Looking back, I wished I used my cut bid closer to my top price (and closer to FMV) like you said, but I took a chance thinking there was the possibility that there were no other bidders. I disagree that the pre-bidding prices are meaningless, though. There is usually a pattern in early pre-bidding, bidding right before the live auction, and live bidding where the multiplier is sometimes predictable. I realize that experienced bidders usually wait, but that is not always the buyer composition on each piece. Thank you for noticing the typing effect. It's something I always wanted to try in one of my videos. You always notice the little things. 👍
Hello. That is very good information. I have not yet entered an auction, however, I may enter one in the next year. I am guessing that the process you showed us would be similar for comic books. Thank you. Have a good day.
Thank you for your comment. While there are some similarities with pricing and buying comics and original art, there are some important differences to keep in mind. One, original art is unique, which makes it more difficult to price because you don’t have EXACT comparables. With comics, there are almost always direct comparables. A good place to start would be to search through previous auction data for the title and grade of the comic you are interested in. Stick to recent sales, though, as prices adjust pretty quickly with comics. There are other pricing tools as well (GPAnalysis, etc). Also, if you miss out on a comic, you probably have a great chance to buy it in the near future. Sometimes original art gets bought by “black hole” collectors. You may never see that original art piece again. It definitely puts a different type of pressure on a buyer, and may affect prices greatly.
Hey Karen, great video and thanks for posting your process. Recently bought my first piece of of Original Art and have been ‘bitten by the bug’ :) I’ve not yet bid on anything at Heritage and wasn’t sure what ‘cut bids’ were in the video … i wouldn’t mind a short video on anything you need to do differently when signing up / bidding with them maybe ? Thanks again, best wishes from the UK
Thank you so much, Paul! At Heritage, you are allowed one cut bid per lot. A cut bid is half the bid increment. On the piece that I was bidding on, the bid increment was $50, so the cut bid was $25. The bid increments are based on the price range. Thank you for your comment! 👍
Hi Karen! Great informative video. This is especially helpful when looking for the right example from an artist at the right price when it’s not from a specific story! I’m both happy (and poorer) since I only tend to head to heritage when I see something from one of my main nostalgic loves (Death/Return of Superman). Again though, great job here!!
Hi Karen, great video. Was interesting to see the auction process and how you go about planning your moves to win the piece. I'm interested to know though if you only look for pages at auction? Or do you look at other things like Ebay and comic art dealer sites as well??
Thank you so much! I look for pages from all sources (auctions, dealers, eBay, artists, etc.). I've also bought from all sources as well, but I tend to favor auctions because that's where I feel like I have the best chance (not always, though) at getting FMV for a piece. 👍
You've been outbid...you've been outbid. A phrase I am all too familiar with. Sorry you did not win your piece, but there is always next time. Heck, there was a gem only 5 lots later (after that Saviuk piece). You should have went after Spanking Tails Vol. 1 😂
Very true. There will always be another great piece around the corner! I noticed the Spanking Tails when I was editing. 😂 Thanks for watching and commenting! 👍
Great video Karen! I loved seeing your bid processes. I personally prefer the snipe method but either way I love the thrill of bidding! I'm going to drop an original comic art unboxing soon too haha!
Wow! Thank you so much for sharing Karen! I personally have never bought at a Heritage Auction so it was great to see how the Auction works!! Sorry that you got outbid on the Art piece hopefully you will find an even better page for an even better price result!! Regards David
You're welcome, David! It was a fun video to make. I hope it helped you understand the process at Heritage a bit better. Thank you for watching and commenting! I hope you are doing well! ☺
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Very interesting process!
Thank you! 👍
🤣nice teaser/ cliffhanger. Very educational thank you.
Glad you liked the video! Thank you for your comment! ☺
I'm not a collector, just a fan of comic art and I found this really interesting. Cool stuff.
That's really cool to hear! Thank you so much! ☺
thanks Karen for the tips love your video 💯👍
I appreciate the compliment! Thank you! 👊💥
Karen, an extremely detailed and meticulous - as well as informative - video. Like you, I do set a limit on each piece of artwork I bid for. The one time I contravened this very prudent and wise rule was when the page was from one of the first Marvel comics I had read. I had not seen a piece from that book for decades. Not surprisingly, there was one other very committed bidder. My nerves were quite shredded because we were talking five figures. I am so glad when he or she finally gave up. Fortunately, that was some years ago, and that piece of artwork has, I think, retained its value. However, it is easy to lose one's wits when bidding.
Hi CAB! Thank you so much! I think in most cases it's good to stay disciplined, but in certain cases like the example that you gave, it's worth it to extend beyond the budget for a piece that you really love and may not ever see again.
Hi Karen, great video. I'm somewhat new to original comic art collecting. I have never bid at Heritage, so it was very helpful to see the auction happen in real time. And your explanation on researching and pricing the piece was excellent. There was enough details so that I could now emulate the process if I choose to do so. Thank you very much for creating this video.
Thank you so much! I'm so glad that you learned something from this video! ☺
this was great! Love all the follow up and thought process. Super good!
Thank you so much, Lance! ☺
This was very informative and well made. Thank you!
Thank you so much, breakbeatz! ☺
I love seeing what other people like and collect. It is also great to see how people work on their treasure hunting.
Thank you, Matt! I'm glad you liked the video. 👍
Karen, I love this! Keep this up. Thanks for the videos. I also noticed that the 90s pages at Heritage are going up in prices. I recently bid a 90's Lobo half splash page for above 11 hundreds.
Thank you so much, Larry! I think the timing is right for the 90's pages to increase in value since the teenagers who read those comics are now in their middle age and have more money to spend on art. Also, that Lobo half splash was pretty cool...I'm checking it out now. 😉
Great video, because I’ve never bought original art and needed help getting to know the process
Thank you! I really appreciate a comment like this! It's great that this video could help you! ☺
Great video Karen. I have never seen how a Heritage auction works. I buy stuff on Goodwill's auction page and have the same strategy when I'm outbid by less than a dollar. Can't wait to see what you won!
Thank you so much, Mike! I'm glad you could get an idea for how a Heritage auction works -- maybe that opens up another option for you. Glad you liked the video! 👍
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Great episode, Karen! Very cool perspective. You forgot to yell and curse at the computer screen, "WHAT F'ING MORON IS BIDDING LIKE THIS??? %^##*&@@@ gEEEEEEEEEESSUUUUUUS! BLAH, BLAH, BLAHHHHHHH!". Great self-control in not going over your budget. Honestly, I have found that pages I passed on, come around again in surprising short time and in a case like this where it sells for more than you were thinking it should, often they come back on the market and go for less, giving you another chance. I will say that rarely in this day, I feel like I am paying a fair price. I often feel I'm overpaying if I get something. On rare occasion, I get something for less than I thought it would go for! LOL! AND........ I love the outtakes as always!!!
Thank you so much, Neon Dragon! I was probably cursing in my head...it's a different experience when you film yourself.😂 Hopefully if the page pops up again, I can get an even better deal. I've felt like I've overpaid, too, at times, but I try to stay disciplined. Thank you for the comment! I hope you are doing well! 👍
I don't know why but these comic stock videos always remind me of the kind "Regie Collects" does on his UA-cam Channel.
Thanks for another fun video :)
What do you mean by "comic stock videos?" I'm not familiar with Regie Collects. I'm glad you liked the video! 👍
Excellent video my friend! Very cool to see your process and it makes me wonder what you do for a living. I am a C.P.A. and your analytical approach to establishing a FMV and price are legit, at least as legit as one can get with something such as a unique piece of art... At least you didn't come away empty handed and I look forward to the unboxing(s)! One other thing, as you mentioned, it did appear that you had been bidding against something automatic. I hate that! I wish that all these auctions that go "live" would make the use of automatic/mechanical/whatever methods illegal. It's "live"! If you sneeze at the wrong second, have to go pee and can't handle it anymore, internet flux, whatever, it's fair play and maybe you have the chance to score a deal because fate steps in.
Thank you, LeadPaint! I'm glad you liked the video. Pricing art can be tricky because it's unique, but hopefully an analytical approach like mine can help determine a fair price. I think every buyer wants to not only get a good deal, but also retain value (and hopefully gain value) in the piece over time. I definitely understand what you mean about the automatic bids (it can be frustrating sometimes), but I also understand why it's allowed (especially if you can't be present during the live session). Thank you so much for your comment! 😁
Thanks for sharing your process! Love the analysis that led you to the price of the item. Very cool. You could make a living helping collectors find original art and helping them with their purchase price. Whenever I watch one of your videos, I want to get into original comic art!
Thank you, Moneyball! I do like the sound of "original art coach." 😂😂
OK, I'll keep it short...and sweet? Great video production and pacing, with superb info for someone unfamiliar with the Auction process. Also, Excellent concise explanation of your thought process. BTW, I also liked that 3rd panel...kinda a Lichtenstein feel. Thanks Karen.
Thank you so much, CJ Design! I definitely agree with the Lichtenstein feel of that third panel. It's awesome! 😉👍
Sorry that you did not get the piece, but kudos for sticking to your max price. It appears somebody really wanted that page. WAY too easy to overpay in the frenzy of bidding (speaking from experience unfortunately!) As you know, it's very difficult to know when to use that cut bid since you don't have but around 10 seconds or so to make the decision. Not that I bid in Heritage auctions that often, but I don't think there is a single time that I have won an auction with the cut bid. Have you considered trying to contact Saviuk directly to see if he has any art for sale that you would be interested in?
I probably have about a 25% success rate with winning on a cut bid, but the timing of the cut bid can definitely be tricky. I haven't contacted Saviuk directly about art for sale, but there's a good reason why. Stay tuned! 😁 Thank you so much for your comment! ☺
Hey Karen! Okay, I know I've said it before, but this was YOUR BEST VIDEO SO FAR! First of all, big props for making it almost a full half hour! Since you're very knowledgeable about the hobby and have lots of auction bidding experience, I like the fact that you chose to take an educational approach to this episode. Many collectors just bid willy nilly, with seemingly no strategy because they're nervous and just allow themselves to get caught up in the bidding. Filming yourself while the auction was live was GREAT to see. we ALL get nervous as the lots we want to bid on are coming up, so kudos to you for actually filming the process as it happened, that was amazing! At first when you used your cut bid, my immediate reaction was "NO! Too early!". I thought you should've used at least one more full bid and saved the cut as your final bid to take you slightly into the $800 range. But I was glad to see that you explained your strategy afterwards.
Fyi, even though Spidey is seen throughout on the bottom half of the page, this was one of those pages where it appeared at first glance that Spidey wasn't even on the page at all. Also, aesthetically speaking, the composition as a whole was not attractive, as the panels were not laid out in a visually appealing manner. While I also agree that the primary value in the page is found in the two Mary Jane panels, there just isn't enough other content of interest to allow oneself to "go to the mat" for a page like this, so I'd like to congratulate you for having the self-control needed to hold back from bidding more than you wanted to pay for it.
There's so much more I can say, but this comment will soon be as long as your episode. 😆 But from one hobby vet to another, let me just say that "checking in" on the lots that interest you before the auction is live is a complete waste of time. The prices you see during pre-bidding are meaningless, because the most experienced and savvy bidders NEVER place any pre-bids and it is they who only begin entering bids during the live portion who ultimate win al lthe art the vast majority of the time anyway. So checking the pre-bids isn't giving anyone any information of any value that has any bearing or indication on what price the lot will ultimately end up at.
Oh, I love the "typing in the date and time" effect. Nice touch! 🤓 Catch you in the next one!
Thank you, Rubén! I'm glad you liked the live bidding part of the video. Hopefully this video helps other collectors formulate more of a strategy before bidding on art. And yes, it was a lovely page that I wanted to pay a certain price for...I think filming myself bid helped me stick to my strategy. 😂 Looking back, I wished I used my cut bid closer to my top price (and closer to FMV) like you said, but I took a chance thinking there was the possibility that there were no other bidders. I disagree that the pre-bidding prices are meaningless, though. There is usually a pattern in early pre-bidding, bidding right before the live auction, and live bidding where the multiplier is sometimes predictable. I realize that experienced bidders usually wait, but that is not always the buyer composition on each piece. Thank you for noticing the typing effect. It's something I always wanted to try in one of my videos. You always notice the little things. 👍
Great process. Add more cash to your budget and another page will come up 👍🏾
They always do! 😉
Hello. That is very good information. I have not yet entered an auction, however, I may enter one in the next year. I am guessing that the process you showed us would be similar for comic books. Thank you. Have a good day.
Thank you for your comment. While there are some similarities with pricing and buying comics and original art, there are some important differences to keep in mind. One, original art is unique, which makes it more difficult to price because you don’t have EXACT comparables. With comics, there are almost always direct comparables. A good place to start would be to search through previous auction data for the title and grade of the comic you are interested in. Stick to recent sales, though, as prices adjust pretty quickly with comics. There are other pricing tools as well (GPAnalysis, etc). Also, if you miss out on a comic, you probably have a great chance to buy it in the near future. Sometimes original art gets bought by “black hole” collectors. You may never see that original art piece again. It definitely puts a different type of pressure on a buyer, and may affect prices greatly.
Hey Karen, great video and thanks for posting your process. Recently bought my first piece of of Original Art and have been ‘bitten by the bug’ :)
I’ve not yet bid on anything at Heritage and wasn’t sure what ‘cut bids’ were in the video … i wouldn’t mind a short video on anything you need to do differently when signing up / bidding with them maybe ?
Thanks again, best wishes from the UK
Thank you so much, Paul! At Heritage, you are allowed one cut bid per lot. A cut bid is half the bid increment. On the piece that I was bidding on, the bid increment was $50, so the cut bid was $25. The bid increments are based on the price range. Thank you for your comment! 👍
@@KarensPages ahh ok, that’s interesting … thanks for the fast reply Karen :)
@@pauld_77 You're welcome! Also, it's pretty straightforward to get an account with Heritage.
Hi Karen! Great informative video. This is especially helpful when looking for the right example from an artist at the right price when it’s not from a specific story! I’m both happy (and poorer) since I only tend to head to heritage when I see something from one of my main nostalgic loves (Death/Return of Superman). Again though, great job here!!
Thank you so much, Carl! I appreciate you coming over to check out my channel! I really liked the Show & Tell episode you did with Rubén!
Thanks for watching and the kind words during the show! I had a lot of fun doing it!
Hi Karen, great video. Was interesting to see the auction process and how you go about planning your moves to win the piece. I'm interested to know though if you only look for pages at auction? Or do you look at other things like Ebay and comic art dealer sites as well??
Thank you so much! I look for pages from all sources (auctions, dealers, eBay, artists, etc.). I've also bought from all sources as well, but I tend to favor auctions because that's where I feel like I have the best chance (not always, though) at getting FMV for a piece. 👍
You've been outbid...you've been outbid. A phrase I am all too familiar with. Sorry you did not win your piece, but there is always next time. Heck, there was a gem only 5 lots later (after that Saviuk piece). You should have went after Spanking Tails Vol. 1 😂
Very true. There will always be another great piece around the corner! I noticed the Spanking Tails when I was editing. 😂 Thanks for watching and commenting! 👍
Great video Karen! I loved seeing your bid processes. I personally prefer the snipe method but either way I love the thrill of bidding! I'm going to drop an original comic art unboxing soon too haha!
Thanks! Glad you liked the video! 👍
Wow! Thank you so much for sharing Karen! I personally have never bought at a Heritage Auction so it was great to see how the Auction works!! Sorry that you got outbid on the Art piece hopefully you will find an even better page for an even better price result!! Regards David
You're welcome, David! It was a fun video to make. I hope it helped you understand the process at Heritage a bit better. Thank you for watching and commenting! I hope you are doing well! ☺
hey Karen I hope to see you soon and merry Christmas
Thanks for the message! Merry Christmas to you, too! 🎄
This was very helpful. Thank you. 👍
Great video. Thanks for doing live bidding !
Thanks, TraderSteve! That was fun to film, even though I was nervous. 😅